Automotive Brake Caliper Market Regional Trends, Regional Share, Regional Forecast and Report by 2024

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Automotive Brake Calipers Market Trends, Growth
Forecast, 2017 - 2024
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Key Insights from Automotive Brake Calipers
Market

• Mandatory installation of brake caliper across
  all vehicle segments owing to the stringent
  regulations regarding vehicle safety will
  primarily drive the industry growth over the
  forecast timeframe.
• Fixed caliper are likely to acquire maximum
  volume share of over 85 by the end of 2024.
  Extensive usage of these caliper in high speed
  vehicles owing to provision of the benefits such
  as instant stopping of vehicle and rigid mounting
  will support the industry dominance.
• Floating caliper are expected to grow
  significantly owing to cost effectiveness as
  compared to the counterpart. Easy manufacturing
  is another factor responsible for the growth of
  automotive brake calipers market from floating
  caliper.
• Remanufacturing of product is an emerging trend
  that has gained traction among the automotive
  brake caliper market participants, especially in
  developed regions. This has led to considerable
  reduction in overall product cost and carbon
  footprint during production. Production of light
  weight aluminum caliper and enhanced fitment will
  further induce immense potential to the industry
  size till 2024.

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Continued...

• Automotive brake calipers market from PCV will
  account for highest revenue share of over 60
  over the forecast timeframe. Substantial
  automobile production across the globe will
  primarily contribute to the high revenue
  generation.
• Aftermarket will grow rapidly, witnessing over 3
  CAGR from 2017 to 2024 owing to cost effective
  nature of the products as compared to the
  counterpart. Development of multi-piston caliper
  offering enhanced operations will further propel
  the industry growth.
• Steel is expected to dominate the automotive
  brake calipers market with over 40 share over
  the forecast timeframe. The material possesses
  excellent mechanical properties including
  corrosion resistance, durability, and stiffness,
  due to which, it is highly preferred by the
  industry participants.
• Automotive brake calipers market from high
  pressure die casting will capture major share
  over the next eight years. The high revenue
  generation is credited to increasing deployment
  of the process in production of steel calipers.

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U.S. Automotive Brake Caliper Market, By Vehicle,
2016 2024, (Million Units)

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Major Companies in Automotive Brake Calipers
Market

• Continental
• ZF Friedrichshafen
• Apec Braking
• ACDelco
• Brembo
• Akebono
• Mando
• Robert Bosch
• Budweg

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Industry Coverage

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Regional Insights in Automotive Brake Calipers
Market

• Asia Pacific automotive brake caliper market will
  grow rapidly at over 3 CAGR from 2017 to 2024.
  Superior manufacturing facilities along with
  substantial vehicle production across the region
  will primarily support the regional growth. High
  demand from countries including China, India, and
  South Korea will further escalate the revenue
  generation.
• North America accounted for over USD 4.5 billion
  in 2016 and will grow significantly over the
  forecast timeframe. Product offering via online
  channels coupled with increasing sales of LCVs
  across the region will strengthen the industry
  penetration in the region. Rising adoption of
  disc brakes in PCVs will further foster the
  regional growth till 2024.

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