Global Automotive Disc Brake Market, By Type (Opposed Piston, Floating Caliper), Application (Medium & Heavy Commercial Vehicles, Passenger Cars, Light Commercial Vehicles), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Automotive Disc Brake Market
Automotive disc brake market will reach at an estimated value of USD 3123.12 million by 2028 and grow at a rate of 19.62% in the forecast period 2021 to 2028. Increase in the awareness of safety regulations acts as the vital factor escalating the demand for automotive disc brake market in the forecast period of 2021- 2028.
Disc brake is defined as a type of brake that consists of a disc rotor which rotates together with the wheel and the stationary brake caliper assemble which is equipped with brake pads. Disc brakes offer benefits such as optimal operation without the need of additional expenses for adjustment and cleaning, less cooling time and overall capacity.
Rise in the demand for better technologies in braking systems is the major driver escalating the market growth, also rise in the demand for automobiles and rise in the research and development activities are the major factors among others driving the automotive disc brake market growth. Moreover, rise in the technological advancements and modernization in the protection techniques and rise in the demand from emerging economies will further create new opportunities for the automotive disc brake market manufacturers in the forecast period of 2021- 2028.
However, rise in the cost of research and development activities in the market acts as the major factor acting as restraints, and will further challenge the growth of automotive disc brake market in the forecast period.
Automotive disc brake market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive disc brake market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Disc Brake Market Scope and Market Size
Automotive disc brake market is segmented on the basis of type and application. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of type, automotive disc brake market is segmented into opposed piston and floating caliper.
- Based on application, the automotive disc brake market is segmented into medium & heavy commercial vehicles, passenger cars and light commercial vehicles.
Automotive Disc Brake Market Country Level Analysis
Automotive disc brake market is analyses and market size, volume information is provided by country, type and application as referenced above.
The countries covered in automotive disc brake market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa
North America dominates the automotive disc brake market due to rise in the demand for automobiles and rise in the research and development activities in this region.
The country section of the automotive disc brake market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Automotive Disc Brake Market Share Analysis
Automotive disc brake market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive disc brake market.
The major players covered in the automotive disc brake market report are ZF Friedrichshafen AG, Continental AG, Brembo, Akebono Brake, Aisin Seiki, Mando, Nissin Kogyo, Knorr-Bremse, Wabco, Haldex, EBC Brakes, TRW Automotive, Federal-Mogul Motorparts LLC, Accuride Wheel End Solutions, EBC Brakes and Robert Bosch GmbH among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.