Automotive Disc Brake Market
Global Automotive Disc Brake Market is segmented By Caliper Type (Fixed, Floating, Sliding, Others), By Vehicle Type (Passenger cars, Commercial Vehicles, 2-Wheelers), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029.
Market Overview
[195 Pages Report] The Global Automotive Disc Brake Market is growing at a high CAGR of 11.66% during the forecast period (2022-2029).
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Most modern vehicles use a brake system comprised of disc brakes. They are called such because they use force applied upon discs attached to the wheels to slow or stop a car. Compared to drum brakes, disc brakes provide greater stopping power and don’t overheat as quickly under heavy use. Disc brakes also don’t require much maintenance as drum brakes.
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The adoption of air disc brakes will be the most significant trend in the disc brake market for the next few years.
Automotive Disc Brake Market Scope
Metrics |
Details |
Market CAGR |
11.66% |
Segments Covered |
By Caliper Type, By Vehicle Type, and By Region |
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
Fastest Growing Region |
Asia Pacific |
Largest Market Share |
North America |
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Market Dynamics
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The reduced Stopping Distance (RSD) mandate by National Highway Traffic Safety Administration (NHTSA) is driving the growth of the disc brake market globally.
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The increase in automotive sales and the increasing adoption of disc brakes in commercial vehicles and motorcycles are going to drive the market.
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The disc brakes are replacing drum brakes due to better performance. The market share of disc brakes is going to increase at the expense of drum brakes.
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Disc brakes require higher braking force than drum brakes. Disc brakes are much more prone to noise. Disc brakes need a separate hand-brake mechanism when fitted to the rear wheels.
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Disc brakes are generally made of grey iron or sometimes carbon ceramic. The weight of the drive can be a disadvantage. Lightweight disc brakes are very expensive, which is a significant restraint for the market.
Market Segmentation
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Automotive Disc Brake Market is segmented by caliper type, application, and region.
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By type, the market is segmented into fixed, floating, and sliding.
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Mechanical disc brakes generally consist of a cable pull system. They are cheaper, easier to install, lighter in weight, and require less complicated maintenance. But they are less effective than hydraulic disc brakes.
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Hydraulic brakes are more effective but also expensive. However, leakage in hydraulic disc brakes can cause complete failure.
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By Vehicle Type, the market is segmented into Passenger vehicles, commercial vehicles, and 2-wheelers. Bikes and passenger cars have been using disc brakes for many years. Commercial cars have traditionally used drum brakes.
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In the last few years, Air disc brakes are becoming very popular in the commercial vehicles segment. This trend is expected to continue in the future.
Geographical Share
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By region, the market is segmented into North America, South America, Europe, Asia-pacific, and the rest of the world.
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Asia-pacific is the biggest market due to massive automobile production.
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Europe is the second biggest market. Regulatory standards in each country regarding road safety affect the disc brake market. Growth in North America is driven by safety initiatives by governments. Growth in Asia is majorly driven by an increase in automotive sales.
Competitive Landscape
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Some of the major players in the Disc brake market are EBC Brakes, Continental, Aisin Seiki, Brembo, Robert Bosch, Nissin Kogyo, TRW Automotive, Haldex, and others.
The scope of the Report
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The report covers the key factors impacting the market, Porter 5 Forces, Product Benchmarking, and company profiles. The Global Automotive Disc brake Market is segmented by caliper Type (Fixed, Floating, and slider) and by vehicle type (Passenger, commercial vehicles, and 2 – wheelers). Based on geography the market is segmented into – North America, South America, Europe, Asia Pacific, and the Rest of the world.
Trending Topics
FAQ
What is the Growth Rate of the Automotive Disc Brake Market?
Growing at a high CAGR of 11.66% during the forecast period (2022-2029).
Which Companies Are Included in the Automotive Disc Brake Market?
EBC Brakes, Continental, Aisin Seiki, Brembo, Robert Bosch, Nissin Kogyo, TRW Automotive, Haldex, and others.