Disc brake Market Overview
Disc
brake Market is
projected to grow from USD 11.24 Billion in 2023 to USD 19.30 Billion by 2032,
exhibiting a compound annual growth rate (CAGR) of 7.00% By 2032, the worldwide market
for vehicle disc brakes is expected to grow to a value of around USD 19.30
billion.
The
Disc brake Market has been a critical component in ensuring safety and
performance in modern vehicles. Disc brakes, known for their efficiency in
dissipating heat and providing reliable stopping power, have become a standard
feature in the automotive industry. As the demand for enhanced safety and
braking precision continues to grow, the market for automotive disc brakes has
seen steady expansion.
One of the key
factors driving the growth of the Disc brake Market is the increasing adoption
of disc brakes over traditional drum brakes. Disc brakes offer better heat
dissipation, improved responsiveness, and reduced stopping distances, making
them a preferred choice for both passenger and commercial vehicles.
Additionally, advancements in materials and manufacturing technologies have led
to the development of lightweight and high-performance disc brake systems,
contributing to fuel efficiency and overall vehicle performance.
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As automotive
safety standards become more stringent globally, the Disc brake Market is
expected to further evolve. Innovations such as electronic brake force
distribution (EBD), regenerative braking systems, and the integration of disc
brakes with advanced driver assistance systems (ADAS) are anticipated to shape
the future of this market, reinforcing its crucial role in ensuring the safety
and efficiency of vehicles on the road.
The key players in the global Disc brake Market include:
- Continental
AG
- Robert
Bosch GmbH
- ZF
Friedrichshafen AG
- Brembo
S.p.A.
- Akebono
Brake Corporation
- Nisshinbo
Brake Inc.
- Hitachi
Automotive Systems Ltd.
- Denso
Corporation
- Valeo SA
- Wabco
Holdings Inc.
- Knorr-Bremse
AG
- TRW
Automotive Inc.
How big is the Disc brake Market?
The market is driven by a number of factors, including:
- Increasing
demand for passenger and commercial vehicles
- Stringent
safety regulations
- Adoption of
high-end and luxury cars
- Growing
adoption of air disc brakes in commercial vehicles
The market is segmented by type, vehicle type, and region. By type, the
market is divided into disc brakes and drum brakes. The disc brake segment is
expected to grow at a faster CAGR during the forecast period due to its
advantages over drum brakes, such as better performance, efficiency, and range.
By vehicle type, the market is divided into passenger cars, commercial
vehicles, and two-wheelers. The passenger car segment is expected to hold the
largest market share during the forecast period due to the increasing demand
for passenger cars.
By region, the market is divided into North America, Europe, Asia
Pacific, Latin America, and the Middle East & Africa. Asia Pacific is
expected to be the fastest-growing market during the forecast period due to the
increasing demand for passenger and commercial vehicles in the region.
The global Disc brake Market is expected to grow steadily in the coming
years, driven by the factors mentioned above. The market is also expected to
benefit from the increasing adoption of new technologies in the Automotive Disc
Brake industry, such as electronic stability control (ESC) and anti-lock
braking systems (ABS).
The worldwide automobile disc
brake market size that examines the industry's drivers, obstacles, and
potential for future innovations. A thorough analysis is conducted on the
COVID-19 epidemic and its effects on the industry. With automotive disc brakes,
pads are squeezed against a disc using calipers to create friction and lower
speeds. Worldwide safety precautions and mishaps may lead to a demand for these
parts on a worldwide scale.
What is disc
brake in automobile?
A disc brakes in
an automobile is a type of brake that uses a caliper to squeeze a pair of brake
pads against a disc or rotor to slow down or stop the vehicle. Disc brakes are
more effective than drum brakes at stopping a vehicle and are less likely to
overheat.
Disc brakes are
made up of the following components:
- Brake rotor: The brake
rotor is a metal disc that is attached to the wheel hub.
- Brake caliper: The brake
caliper is a metal housing that contains the brake pads.
- Brake pads: The brake
pads are made of a friction material that clamps down on the brake rotor
when the brakes are applied.
- Brake pistons: The brake
pistons are located inside the brake caliper and are responsible for
squeezing the brake pads against the brake rotor.
Segmentation
By type, the global disc
brake market has been segmented into fixed caliper, floating caliper, and
sliding caliper. The fixed caliper segment can dominate in the global market
owing to features of long durability, good thermal conductivity, and low noise.
By vehicle type, the global
disc brake market has been segmented into light commercial vehicle (LCV),
passenger car (PC), and heavy commercial vehicle (HCV). The passenger car
segment is likely to lead the market during the forecast period due to the increasing
demand for floating caliper designs to be integrated passenger cars due to its
low weight and high-performance SUVs.
Regional Analysis
Among all regions, in 2018,
the global Disc brake Market was dominated by the Asia Pacific (APAC), followed
by Europe and North America. The market in APAC is projected to grow at a rapid
pace over the forecast period due to high sales of automobiles across the
region. Furthermore, expansion of automotive OEMs in developing economies of
China and India are driving the market for automotive disc brakes. The
durability and low maintenance of the brakes can further the market demand
effectively.
The European Disc brake
Market is expected to register significant growth during the forecast period
due to stringent vehicle safety norms, presence of large automobile production
facilities, and huge demand for environment-friendly and high-performance
vehicles.
However, the market in North
America is projected to register significant growth over the forecast period
due to favorable government initiatives for safety of vehicles and passengers.
The high sales of luxury and passenger cars can influence the market demand in
the region. Furthermore, a stable economy, advanced technology, and rising
demand for autonomous and environment-friendly vehicles from the U.S. and
Canada are likely to further boost the market growth for automotive disc brakes
in North America. In addition, the long lifespan of ceramic disc brakes in
comparison with cast iron brakes can boost the market growth.
What Is The Car
Disc Brake Caliper?
Car disc brake
calipers are an important part of your car's braking system. They are
responsible for squeezing the brake pads against the brake rotors to slow down
or stop your car. Disc brake calipers are typically made of aluminum or cast
iron and are located on each wheel.
Disc brake
calipers come in a variety of sizes and types, depending on the make and model
of your car. Some calipers are fixed, meaning that they do not move when the
brakes are applied. Other calipers are floating, meaning that they move
slightly when the brakes are applied. This helps to ensure that the brake pads
are evenly applied to the brake rotors.
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