Automotive Brake Caliper Market share research by applications and regions for 2017-2024

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Automotive Brake Caliper Market Price, Trends,
Industry Outlook Forecast 2017-2024
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Key Insights from Automotive Brake Caliper Market

• Automotive Brake Caliper Market size is
  anticipated to showcase robust growth rate till
  2024 owing to increasing vehicle demand
  worldwide. Brake systems are the most important
  components of vehicle for stopping or slowing
  down vehicle at same instance.
• Technological advancements for safe and secure
  driving such as floating brake calipers have
  paved opportunistic way for the industry
  participants. Heavy commercial vehicles are also
  equipped with brake drums in their braking
  systems owing to their high requirement of speed
  control.
• Manufacturers focus on usage of enhanced brakes
  in their products. Commonly used materials
  include aluminum or chrome plated steel, ceramic,
  and metallic are widely used in manufacturing
  processes. The weight to strength ratio is of
  high importance in vehicles. Focus towards
  developing advanced products has resulted in
  increasing demand of high grade aluminum
  materials.

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Continued...

• Passenger vehicle demand is expected to grow due
  to affordable vehicle prices in developing
  countries, further inducing immense potential to
  the industry size till 2024. Growth in the sales
  of passenger cars such as SUV and light trucks
  have gained momentum worldwide.
• Based on product, brake caliper market can be
  categorized into floating caliper and fixed
  calipers. Fixed calipers are expected to dominate
  the market size over the forecast timeframe. They
  are majorly deployed in passenger cars SUVs,
  electric cars, two wheelers and premium bikes.
• By end user, the industry can be segmented into
  two-wheeler, light commercial vehicles and
  passenger cars. Two-wheeler holds major market
  share in the industry and is expected to continue
  the same owing to high deployment of floating
  brake calipers. Majority of the two wheelers are
  equipped with rotating floating calipers.

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Major Companies in Automotive Brake Caliper
Market

• Automotive Brake Engineering
• Brakes International
• Brembo S.p.A.
• Wilwood Engineering Inc.
• Apec Braking
• ATL Industries
• Centric Parts
• TRW Automotive
• Continental AG, and EBC Brakes

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Regional Insights in Automotive Brake Caliper
Market

• Asia Pacific is estimated to dominate the overall
  industry size owing to wide usage automotive
  metal across the region. According to Society of
  Automobile manufacturers in India and China,
  these emerging economies are witnessing high
  growth of vehicle sale. This will result in
  increased production of these calipers, further
  supporting the regions dominance till 2024.
• Europe is expected to witness robust growth rate
  due to presence of numerous vehicle component
  manufacturers across the region. Surging demand
  for these vehicles is expected to fuel the
  automotive brake caliper market revenue over the
  next eight years.
• North America is expected to witness growth over
  the forecast timeframe owing to strong presence
  of passenger cars and commercial vehicles across
  the region.

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