Sales of Automotive Brake Calipers Are Set to Secure a Revenue of US$ 13 Billion by 2033


Automotive Brake Caliper Market Analysis, By Product Type (Fixed, Sliding), By Vehicle (PCVs, LCVs, HCVs), By Piston Material (Aluminium, Steel, Titanium, Phenolics), By Sales Channel (Aftermarket, OEMs), and Region

automotive-brake-caliper-market-forecast-2023-2033

The global automotive brake caliper market is valued at US$ 9.3 billion in 2023 and is forecasted to secure a revenue of US$ 13 billion by the end of 2033. Worldwide automotive brake caliper sales are predicted to rise at 3.4% CAGR over the next ten years.

An automotive brake caliper is an automotive component that houses brake pads and influentially controls brake performance. The component also houses brake pistons, shims, locking bolts, etc. The caliper houses the mechanism that pushes automotive brake pads against the brake rotor to stop the vehicle.

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Competitive Landscape

Leading automotive brake caliper manufacturers are making efforts to reduce the weight of their products and make them more sustainability-compliant to meet the changing regulatory standards and evolving consumer preferences.

  • In November 2022, Continental AG, a German automotive component manufacturer, unveiled that it was focusing on the advancement of its Green Caliper brakes for electric vehicle applications. These new brake calipers are significantly lighter than conventional calipers and have a lower residual brake torque.
  • In January 2020, Comline, a leading aftermarket part supplier, announced the addition of high-quality brake calipers to their existing award-winning friction portfolio. The new calipers were launched with a comprehensive 2-year warranty and were compatible with all Japanese, Korean, and European vehicles.

Established automotive brake caliper manufacturers are also focusing on innovation to create new and advanced braking technologies and automotive brake components that are compliant with electric vehicles (EVs).

  • Brembo, a leading manufacturer of automotive braking systems based in Italy, announced that it would be launching a new intelligent braking system in 2024. Sensify is expected to be the first of its kind active-braking system that will be able to operate independently on all four vehicle wheels. The company is also in talks with a premium car manufacturer to supply Sensify brake systems and components.
  • In September 2022, Knorr-Bremse AG, a German manufacturer of braking systems for automotive and rail applications, unveiled a new Active Caliper Release (ACR) at the Automechanika 2022 show in Germany. This will work with the new pneumatic Synact® disc brake provided by the company.

Key Companies Profiled:

  • Akebono Brake Industry Co.
  • Brembo S.p.A
  • TRW Automotive
  • Continental AG
  • Mando Corp.
  • ZF Friedrichshafen
  • Apec Braking
  • Budweg
  • WABCO
  • Aisin Seiki Co. Ltd.

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Automotive Brake Caliper Industry Research Segmentation

  • By Vehicle :

    • PCVs

    • LCVs

    • HCVs

  • By Product Type :

    • Fixed

    • Sliding

  • By Piston Material :

    • Steel

    • Aluminum

    • Titanium

    • Phenolics

  • By Sales Channel :

    • OEMs

    • Aftermarket

Key Questions Covered in the Automotive Brake Caliper Market Report:

  • What is the projected value of the Automotive Brake Caliper factors Industry in 2023?
  • At what rate will the global Automotive Brake Caliper factors market size grow until 2033?
  • Which are the factors hampering the growth of Automotive Brake Caliper factors?
  • Which region is expected to lead in the global Automotive Brake Caliper factors market by 2033?
  • Which are the factors driving the Automotive Brake Caliper factors Industry during the forecast period?
  • What is the expected market value of the Automotive Brake Caliper factors market during the forecast period?

Regional Analysis for Automotive Brake Caliper Market:

  • APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
  • North America (USA, Canada and Mexico)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (Saudi Arabia, United Arab Emirates, South Africa)

What makes Fact.MR report stand out from others?

  • Fact.MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Automotive Brake Caliper industry. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the industry stakeholders.
  • Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Automotive Brake Caliper industry, thus, making it different and special from other reports.
  • Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of industry get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
  • Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Automotive Brake Caliper industry and assists to create strategies to overcome the obstacles that may hinder the growth of the Automotive Brake Caliper industry.
  • Leverage: The Automotive Brake Caliper industry can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
  • Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
  • Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Automotive Brake Caliper industry.

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Published in

Automotive

Published on

Jun 15, 2023

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