Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 9.68 Billion | USD 13.65 Billion | 3.89% | 2023 |
According to a report from Zion Market Research, the global Automotive Brake Caliper Market was valued at USD 9.68 Billion in 2023 and is projected to hit USD 13.65 Billion by 2032, with a compound annual growth rate (CAGR) of 3.89% during the forecast period 2024-2032.
This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Automotive Brake Caliper industry over the next decade.
This report analyzes and estimates the automotive brake caliper market at global, regional, and country level. The research study provides historic data from 2024 to 2032 along with a forecast from 2018 to 2022 based on revenue (USD Billion). The report offers detailed insights of the automotive brake caliper market drivers and restraints along with their impact analysis at the global level from 2024 to 2032.
The report covers an in-depth analysis of the strategies adopted by major competitors in the global automotive brake caliper market. To understand the competitive landscape in the global automotive brake caliper market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.
The demand for automotive brake caliper is likely to be surging remarkably during the forecast period in the passenger carrying vehicles (PCVs) segment. The key reason behind this rising demand is the extensive global production and distribution of PCVs. To mitigate the increasing number of road accident incidences and to enhance road safety, automotive industries are dedicated to design vehicles with excellent braking systems. Besides this, federal and state governments are also introducing stringent regulations to promote road safety.
Several governments across the globe have mandated the installation of automated emergency braking (AEB) and anti-lock braking system (ABS) in the recently launched vehicles, thereby driving the global automotive brake caliper market.
The global automotive brake caliper market is segmented on the basis of product, vehicle, manufacturing process, material, distribution channel, and region.
Based on the product, the global automotive brake caliper industry is segmented into floating and fixed.
Vehicle-wise, the global sector is bifurcated into LCV, HCV, PCV, and two-wheeler.
By the manufacturing process, the global market is categorized into gravity die casting and high pressure die casting.
Based on the piston material, the market is divided into steel, aluminum, phenolics, and titanium.
The distribution channel bifurcates the global automotive brake caliper market into aftermarket and OEM.
Report Attributes | Report Details |
---|---|
Report Name | Automotive Brake Caliper Market |
Market Size in 2023 | USD 9.68 Billion |
Market Forecast in 2032 | USD 13.65 Billion |
Growth Rate | CAGR of 3.89% |
Number of Pages | 110 |
Key Companies Covered | ATL Industries, BWI Group, Knorr-Bremse, K-Sport, WABCO, AISIN Group, Bendix, Continental AG, TAROX, Alcon Components Limited, Brembo S.p.A, Remy Automotive, Wenzhou LiBang Enterprise Co. Ltd., Akebono Brake Industry Co. Ltd., EBC Brakes, Cardone, ZF Friedrichshafen AG, Haldex Brakes, Apec Braking, Mando Corporation, Wilwood Engineering Inc., Automotive Brake Engineering (ABE), Budweg, Robert Bosch, Brakes International, TRW Automotive, ACDelco, Centric Parts, and APG |
Segments Covered | By Product, By Application, By Manufacturing Process, By Material, By Distribution Channel And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
The global automotive brake caliper market is led by players like:
Global Automotive Brake Caliper Market: By Product Segmentation Analysis
Global Automotive Brake Caliper Market: By Vehicle Segmentation Analysis
Global Automotive Brake Caliper Market: By Manufacturing Process Segmentation Analysis
Global Automotive Brake Caliper Market: By Material Segmentation Analysis
Global Automotive Brake Caliper Market: By Distribution Channel Segmentation Analysis
Global Automotive Brake Caliper Market: By Regional Segmentation Analysis
FrequentlyAsked Questions
An automotive brake caliper is a critical element of a disc braking system that contains the brake pads and enables the braking process. It functions as a clamp that applies pressure to the brake pads against the brake disc (or rotor) to generate friction, which in turn delays or halts the vehicle.
The appeal of contemporary brake calipers is further enhanced by advancements in performance characteristics, sophisticated designs (such as carbon-ceramic calipers), and lightweight materials.
According to a report from Zion Market Research, the global Automotive Brake Caliper Market was valued at USD 9.68 Billion in 2023 and is projected to hit USD 13.65 Billion by 2032.
According to a report from Zion Market Research, the global Automotive Brake Caliper Market a compound annual growth rate (CAGR) of 3.89% during the forecast period 2024-2032.
The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Some of the key players of the global Automotive brake caliper market include ATL Industries, BWI Group, Knorr-Bremse, K-Sport, WABCO, AISIN Group, Bendix, Continental AG, TAROX, Alcon Components Limited, Brembo S.p.A, Remy Automotive, Wenzhou LiBang Enterprise Co. Ltd., Akebono Brake Industry Co. Ltd., EBC Brakes, Cardone, ZF Friedrichshafen AG, Haldex Brakes, Apec Braking, Mando Corporation, Wilwood Engineering Inc., Automotive Brake Engineering (ABE), Budweg, Robert Bosch, Brakes International, TRW Automotive, ACDelco, Centric Parts, and APG.
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