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For depth analysis, Global Automotive Disc Brake Market is segmented by Type (fixed caliper, Floating caliper, Sliding caliper), By Application (Passenger vehicle, Commercial vehicle and Other) and Region.Global Automotive Disc Brake Market Highlights:
Automotive disc brake market is expected to reach at market size of $15.6 billion by the end of forecast period with CAGR of 6.5 % between 2017 and 2023. The rising adoption of carbon ceramic brake pads coupled with adoption of disc brakes in motorcycles is poised to drive the expansion of the automotive disc brake market in the forthcoming years. Additionally, the rising count of road accidents has intensified the need for developments in advanced braking solutions. Safety is the key area of focus for the players of the automotive disc brake market. It has opened new avenues of growth opportunities in the market.
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Automotive Disc Brake Market Key Companies Studied in this report are:
EBC Brakes (U.K.), TRW Automotive (U.S.), Nissin Kogyo Co., Ltd (Japan), Haldex AB (Sweden), Federal-Mogul Motorparts LLC. (U.S.), Knorr-Bremse AG (India), Mando Automotive India Private Limited (India), Akebono Brake Corporation (Japan), and Aisin Seiki Co., Ltd (Japan) and Brembo S.p.A. (Italy).
Some of the factors responsible for driving the growth of the automotive disc brake market include minimization of the stopping distance, self-adjusting nature, etc. Additionally, relaxed government regulations in favor of disc brake production and adoption are projected to have a positive influence on the expansion of the automotive disc brake market across the review period.
Factors such Self adjusting nature, favorable government regulation for minimizing stopping distance as well as serve as safety device are acting as a primary factor for the growth of market. Latest trends such as rise in demand for disc brake in motorcycles and rising adoption of carbon ceramic brake pads will pull the market towards growth.
Market Segments Analysis:
By type, the global automotive disc brake market is segmented into fixed caliper, floating caliper, and, sliding caliper.
By application, the automotive disc brake market has been segmented into commercial vehicle, passenger vehicle, and others.
Asia pacific is dominating the market of disc brake due to majority of automotive sales in the region as well as refined and improved brakes since invention helps to grow the market towards growth. Increase in traveling speeds as well as the growing weights of cars has made the improvements essential. Development of automotive manufacturing industries in developing economies such as china and India are driving the market for automotive disc brake. Factors such as low-cost disc brakes as well as consumer preference towards safety are some of the factors pushing the market of automotive disc brake.
Europe stood at second place for the automotive disc brake market. It is expected to witness considerable growth in forecast period due to presence of large automobile production facilities and huge demand for high performance vehicles.
Research Methodology:
Market Research Future (MRFR) employs innovative statistical algorithms for gathering impactful market insights that can drive business decisions. An in-depth analysis of constantly evolving market trends combined with a study of historical data is leveraged for providing accurate competitive intelligence. The statistical observations made in our reports are backed by data procured through extensive primary and secondary research which include interviews with stakeholders, SEC filings, whitepaper references, annual reports of key players, etc. Top-down and bottom-up approaches are employed for authenticating the credibility of the market foresight delivered. A multi-layer verification process reaffirms the market size and revenue estimation. MRFR strives to provide reliable and transparent information that helps clients in developing growth strategies.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Stud
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4.1 Introduction
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
Continued…
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