What is Automotive Disc Brake Market?
Automotive disc brake is brake system that contains circular-shaped plate or rotor on which the disc brake parts are mounted. It consist of brake disc, two friction pads and brake caliper. In this brake system, the friction pads apply grip on the external surface of the disc to perform braking. These type of brake system primarily used in most hatchback cars, entry-level sedans and MUVs. This brake system is lighter than drum brakes, better cooling, better resistance to fade and provides uniform distribution.
Highlights from Automotive Disc Brake Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Robert Bosch GmbH (Germany), Aisin Seiki Co., Ltd (Japan), Continental AG (Germany), Brembo S.p.A. (Italy), Knorr-Bremse AG (Germany), TRW Automotive Holdings Corp. (United States), Haldex Group (Swden), Nissin Kogyoa Co., Ltd (Japan), Mando Corporation (South Korea) and ZF Friedrichshafen AG (Germany) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that German Vendors will contribute to the maximum growth of Global Automotive Disc Brake market throughout the forecasted period.
Robert Bosch GmbH (Germany), Aisin Seiki Co., Ltd (Japan), Continental AG (Germany), Brembo S.p.A. (Italy), Knorr-Bremse AG (Germany), TRW Automotive Holdings Corp. (United States), Haldex Group (Swden), Nissin Kogyoa Co., Ltd (Japan), Mando Corporation (South Korea) and ZF Friedrichshafen AG (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Akebono Brake Industry Co., Ltd. (Japan). Automotive Disc Brake Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Passenger Car, Commercial Vehicle, Motorcycles and Scooters and Others |
Type | CastIron and CMC |
Component | Brake Disc,Friction Pads,Brake Caliper |
On the basis of geography, the market of Automotive Disc Brake has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Deployment of Anti-Breaking System in the Vehicles
Market Growth Drivers:
Government Rules and Regulations about Vehicle Safety Features, Growing Consumer Awareness and High Demand for Vehicles in the Developing Countries
Challenges:
Low Life of Brake Pads Compared To Brake Shoes
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Introduction of the Autonomous Vehicles and Favorable Government Rules and Regulations
Key Target Audience
Automotive Disk Brake Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
Market Leaders & Development Strategies
In April 2021, BREMBO acquired J.JUAN, with this transaction the Group expands the brand's product range and completes its range of solutions for motorcycle braking systems.
In February 2018, Brembo Brake India which is engaged in the development, production and sales of disc brake systems for 2 wheelers with the Bybre brand has launched two new products for the scooter and motorcycle segment at the Auto Expo 2018-Components.