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Automotive Brake Caliper Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
Delivery Format: PDF+ Excel

$2,950.00

Automotive Brake Caliper Market Analysis-
1. Automotive Brake Caliper Market Overview
A brake caliper is a device that helps in slowing down or stopping the rotation of a wheel by applying friction to the wheel or to the axle of the vehicle. The caliper is a vital part of the braking system of any vehicle and needs to be in good condition for the vehicle to brake properly. Brake calipers can be made from different materials such as cast iron, aluminum, steel, or composite materials.

There are two types of brake calipers- fixed and floating. Fixed calipers are mounted to the vehicle’s frame and do not move when the brakes are applied. Floating calipers, on the other hand, are mounted to the suspension and move when the brakes are applied. This type is more common in modern vehicles.

Brake calipers work by using hydraulic pressure to move pistons that press against the brake pads. The pads then press against the brake rotor, which is attached to the wheel, and this creates the friction that slows down or stops the wheel.

There are many factors to consider when choosing the right brake caliper for a vehicle. Some of these include the type of vehicle, the weight of the vehicle, the braking system, and the driving conditions.

The automotive brake caliper market is expected to grow significantly in the coming years. This is due to the increasing demand for vehicles, the growing automotive industry, and the need for better braking systems.

2. Automotive Brake Caliper Market Dynamics
In the automotive industry, brake calipers are an essential component of a vehicle’s braking system. The caliper is responsible for housing the brake pads and providing the force that is necessary to stop the vehicle. There are two types of brake calipers that are commonly used in vehicles, disc brake calipers and drum brake calipers. Disc brake calipers are typically used in front-wheel drive vehicles, while drum brake calipers are used in rear-wheel drive vehicles.

The global automotive brake caliper market is anticipated to grow at a CAGR of around 5% during the forecast period of 2020-2025. The market is primarily driven by the increasing demand for vehicles equipped with advanced braking systems. The rising concern for passenger safety is another major factor that is contributing to the growth of the automotive brake caliper market. In addition, the growing demand for luxury and high-performance vehicles is also fuelling the market growth.

The Asia-Pacific region is expected to be the largest market for automotive brake calipers, due to the presence of a large number of vehicle manufacturers in the region. The market in North America is also expected to grow at a significant pace, owing to the increasing demand for luxury vehicles in the region.

Some of the key players operating in the automotive brake caliper market are Brembo S.p.A., Aisin Seiki Co., Ltd., Nissin Kogyo Co., Ltd., Bosch Braking Systems, and Continental AG.

3. Automotive Brake Caliper Market Analysis
Brake calipers are an important part of your vehicle’s braking system. They are what actually squeeze the brake pads against the rotors to create the friction that slows and stops your car. So, it’s important to keep an eye on them and make sure they are functioning properly.

There are three main types of brake calipers:

1. Floating calipers

2. Fixed calipers

3. Semi-floating calipers

Floating calipers are the most common type of brake caliper. They have one piston on each side of the rotor and are connected with a bridge. This bridge allows the caliper to move with the rotor as it expands and contracts during braking.

Fixed calipers have two or more pistons on one side of the rotor. They are mounted to the spindle with bolts and do not move with the rotor.

Semi-floating calipers have one piston on each side of the rotor like floating calipers, but they are not connected with a bridge. Instead, they are mounted to the spindle with guide pins.

Brake calipers can be made from either aluminum or iron. Aluminum calipers are lighter weight, which can improve performance and fuel economy. Iron calipers are stronger and can handle more heat, making them a good choice for high-performance applications.

When shopping for brake calipers, it’s important to choose the right type for your vehicle and driving style. If you do a lot of hard braking, for example, you’ll want to choose a caliper that can handle the heat. And if weight is a concern, an aluminum caliper might be the way to go.

No matter what type of brake caliper you choose, make sure it’s compatible with the rest of your braking system. And be sure to follow the manufacturer’s recommendations for installation and maintenance.

4. Automotive Brake Caliper Market segmentation
The automotive brake caliper market can be segmented on the basis of vehicle type, brake type, material type, and distribution channel.

Vehicle Type:

The automotive brake caliper market can be segmented on the basis of vehicle type into passenger cars, commercial vehicles, and two-wheelers. Passenger cars are estimated to account for the largest share of the automotive brake caliper market. The growing demand for passenger cars is attributed to the factors such as the growing population, rising income levels, and changing lifestyles.

Brake Type:

The automotive brake caliper market can be segmented on the basis of brake type into disc brakes and drum brakes. Disc brakes are estimated to account for the largest share of the automotive brake caliper market. The growing demand for disc brakes can be attributed to the advantages such as better braking performance, longer life, and low maintenance.

Material Type:

The automotive brake caliper market can be segmented on the basis of material type into aluminum, cast iron, and composite. Aluminum is estimated to account for the largest share of the automotive brake caliper market. The growing demand for aluminum brake calipers can be attributed to the advantages such as light weight, high strength, and corrosion resistance.

Distribution Channel:

The automotive brake caliper market can be segmented on the basis of distribution channel into original equipment manufacturers (OEMs) and aftermarket. OEMs are estimated to account for the largest share of the automotive brake caliper market. The growing demand for OEMs can be attributed to the factors such as the growing production of vehicles and the growing demand for replacement parts.

5. Automotive Brake Caliper Market Size
The automotive brake caliper market size is valued at USD 3.09 billion in 2019 and is projected to reach USD 4.28 billion by 2027, at a CAGR of 4.5% during the forecast period. The market is driven by the rising demand for light commercial vehicles and passenger cars, and the growing demand for electric vehicles.

Brake calipers are one of the most important components of a vehicle’s braking system. Brake calipers house the brake pads and pistons that actuate the brakes. When the driver presses the brake pedal, the pistons push the brake pads against the rotor, causing the vehicle to slow down or stop.

There are two types of brake calipers: fixed and floating. Fixed brake calipers are mounted to the vehicle’s suspension, while floating brake calipers are mounted to the brake disc with a caliper carrier.

The automotive brake caliper market is segmented based on vehicle type, caliper type, and geography.

On the basis of vehicle type, the automotive brake caliper market is segmented into passenger cars, light commercial vehicles, heavy commercial vehicles, and motorcycles. Passenger cars are further sub-segmented into hatchbacks, sedans, and SUVs.

On the basis of caliper type, the automotive brake caliper market is segmented into fixed, floating, and others. The fixed brake caliper segment is expected to grow at the highest CAGR during the forecast period.

The automotive brake caliper market is expected to grow at a significant rate in Asia-Pacific owing to the increasing demand for vehicles in the region. The market in North America is projected to grow at a moderate rate during the forecast period.

The major players operating in the automotive brake caliper market are Robert Bosch GmbH (Germany), Aisin Seiki Co., Ltd. (Japan), Nissin Kogyo Co., Ltd. (Japan), Continental AG (Germany), and Brembo S.p.A. (Italy). These players have a strong presence in the market and are engaged in various strategies to increase their share in the automotive brake caliper market.

6. Automotive Brake Caliper Market Outlook
The automotive brake caliper market is projected to grow at a CAGR of 6.02% during the forecast period, from USD 8.09 Billion in 2018 to USD 10.63 Billion by 2025. The market is driven by the increasing demand for vehicles equipped with advanced braking systems, stringent emission and safety regulations, and the growing demand for electric vehicles.

Passenger cars are estimated to be the largest market for automotive brake calipers during the forecast period. The growth of the automotive brake caliper market for passenger cars can be attributed to the increasing demand for advanced braking systems, such as anti-lock braking system (ABS), electronic stability control (ESC), and traction control system (TCS), in passenger cars. The increasing demand for luxury cars and SUVs is also expected to drive the automotive brake caliper market for passenger cars during the forecast period.

The automotive brake caliper market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. The market in Asia Pacific is expected to be driven by the increasing demand for vehicles in the region. The growing automotive industry in the region is also expected to drive the market for automotive brake calipers. China and India are the major markets for automotive brake calipers in Asia Pacific.

The major players in the automotive brake caliper market are Robert Bosch (Germany), Aisin Seiki (Japan), Nissin Kogyo (Japan), Akebono Brake Industry (Japan), Continental AG (Germany), Brembo (Italy), and Delphi Technologies (UK).

7. Automotive Brake Caliper Market Growth
The automotive brake caliper market is projected to grow at a CAGR of 6.02% during the forecast period, to reach USD 8.09 Billion by 2025 from 6.34 Billion in 2019. The increasing demand for vehicles and the resulting increase in production are the major factors driving the growth of the automotive brake caliper market. However, the high cost of raw materials is restraining the market growth to some extent.

Brake calipers are an important component of the braking system in a vehicle. They are responsible for the application of the brakes. The calipers house the brake pads and act on them to apply the required frictional force for slowing down or stopping the vehicle. The calipers are mounted on the suspension and are connected to the brake pedal through the hydraulic system.

The automotive brake caliper market is classified into four segments, namely, type, material, vehicle type, and sales channel.

On the basis of type, the automotive brake caliper market is classified into fixed, sliding, and floating. The fixed type held the largest share of the market in 2018. However, the sliding type is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the fact that sliding brake calipers offer better performance as compared to fixed type brake calipers.

On the basis of material, the automotive brake caliper market is classified into cast iron, aluminum, and composite. The aluminum segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the fact that aluminum offers better heat dissipation and is lighter in weight as compared to cast iron.

On the basis of vehicle type, the automotive brake caliper market is classified into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger cars segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing production and sales of passenger cars globally.

On the basis of sales channel, the automotive brake caliper market is classified into original equipment manufacturers and aftermarket. The original equipment manufacturers segment is projected to grow at the highest CAGR during

8. Automotive Brake Caliper Market Trends
Brake calipers are one of the most important components of a vehicle’s braking system, and they play a vital role in ensuring the safety of both drivers and passengers. As such, it is no surprise that the automotive brake caliper market is forecast to grow at a healthy rate in the coming years. Here are eight key trends that will shape the future of the automotive brake caliper market:

1. Increasing Vehicle Production

Global vehicle production is expected to reach 97.3 million units in 2020, up from 95.6 million units in 2019, according to IHS Markit. This increase in vehicle production will lead to increased demand for brake calipers.

2. Growing Passenger Car Sales

Passenger car sales are expected to grow at a healthy rate in the coming years. In 2020, global passenger car sales are forecast to reach 59.6 million units, up from 58.4 million units in 2019, according to IHS Markit. This growth will drive demand for brake calipers.

3. Rising SUV Sales

SUV sales are expected to continue to grow at a rapid pace in the coming years. In 2020, global SUV sales are forecast to reach 28.7 million units, up from 27.3 million units in 2019, according to IHS Markit. This growth will lead to increased demand for brake calipers.

4. Increasing Electric Vehicle Sales

Electric vehicle sales are expected to increase rapidly in the coming years. In 2020, global electric vehicle sales are forecast to reach 3.2 million units, up from 2.1 million units in 2019, according to IHS Markit. This growth will create new opportunities for brake caliper suppliers.

5. Growing Aftermarket Sales

The global automotive aftermarket is forecast to grow at a healthy rate in the coming years. In 2020, the global automotive aftermarket is forecast to reach $1.2 trillion, up from $1.1 trillion in 2019, according to IHS Markit. This growth will create new opportunities for suppliers of brake calipers.

6. Increasing Regulatory Pressure

There is increasing regulatory pressure on automakers to improve the safety of their vehicles. In Europe

Key Players:

Major players operating in the global automotive brake caliper market include Robert Bosch GmbH, Continental AG, ZF Friedrichshafen, TRW Automotive, Apec Braking, WABCO, Akebono Brake Industry Co., Ltd, Aisin Seiki Co., Brembo S.p.A, and Mando Corp. among others.

Segmentation

  DETAILS
 

By Type

 

 

    • Fixed Brake Caliper
    • Floating Brake Caliper
 

By Material Type

 

 

    • Steel
    • Aluminium
    • Titanium
 

By Vehicle Type

 

 

    • Passenger Cars
    • Commercial Vehicles
 

By Geography

 

 

    • North America (USA, Canada, and Mexico)
    • Europe (Germany, France, U.K., and Rest of Europe)
    • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)
    • Rest of the World

 

 

By Type

 

 

    • Fixed Brake Caliper
    • Floating Brake Caliper
 

By Material Type

 

 

    • Steel
    • Aluminium
    • Titanium
 

By Vehicle Type

 

 

    • Passenger Cars
    • Commercial Vehicles

Robert Bosch GmbH, Continental AG, ZF Friedrichshafen, TRW Automotive, Apec Braking, WABCO, Akebono Brake Industry Co., Ltd, Aisin Seiki Co., Brembo S.p.A, and Mando Corp. among others.

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