Automotive brake caliper Market Detail Analysis focusing on Key Players like AlDelco, Continental, Akebono, Brembo, Mando Corporation, Apec Braking, and ZF Friedrichshafen

Market Study Report adds a new automotive brake caliper market has been witnessing remarkable growth with the surging adoption of vehicles along with the increasing use of disc braking systems for meeting the extensive need of vehicle safety for the period of 2017-2024 that shows the growth of the market is rising at a Steady CAGR to 2024.

Compulsory installation across various vehicle segments such as passenger cars and commercial vehicles owing to the mandatory vehicle safety standards across the globe will primarily drive the industry growth. The product provides greater self-adjustment as compared to the traditional systems, that leads to instant stopping and efficiency in overall vehicle functionality. Regular advancements in vehicle safety features coupled with extensive quality checks during production process will further escalate the automotive brake caliper market share over the next eight years.

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Fixed calipers are anticipated to capture highest volume share of more than 85% till 2024 owing to their rising deployment in vehicles. Their high adoption is attributed to their advantages such as rigid mounting on the brakes along with instant vehicle stopping. Automotive brake caliper market from floating calipers is likely to grow rapidly owing to their rising usage due to benefits including easy & fast production and cost effectiveness.

Continuously rising automobile production across the globe has led to their mass production, contributing significantly towards the revenue generation. The vehicle manufacturers highly depend on the suppliers to provide cost-effective variants that assure total compliance with the stringent regulations. Moreover, intense competition in the automotive brake caliper market has impacted the product pricing trend. However, risk of manufacturing defects along with high manufacturing and research costs may hamper the industry growth over the next eight years.

High pressure die casting will dominate the automotive brake caliper market over the coming years owing to extensive usage of this process during the production of steel calipers. Provision of enhanced surface finish and readily available raw materials will further result in high preference towards the process, supporting the industry dominance. Gravity die casting will exhibit around 4% CAGR over the next eight years owing to rising deployment of the process to produce aluminum variants. Provision of high dimensional accuracy is another factor positively impacting the segment?s growth.

Automotive brake caliper market from Asia Pacific will grow substantially, at more than 3% CAGR from 2017 to 2024. Proliferating vehicle production coupled with enhanced manufacturing units across the region will essentially impact the industry penetration. Rising demand from the emerging economies including South Korea, China, and India will further support the regional dominance. North America automotive brake caliper market was valued at more than USD 4.5 billion in 2016 and will grow considerably till 2024. Improving sales of commercial vehicles and strengthening online distribution channel across the region will drive the industry growth. Rising implementation of disc brakes in passenger vehicles will further propel the regional growth.

AlDelco, Continental, Akebono, Brembo, Mando Corporation, Apec Braking, and ZF Friedrichshafen are among the noticeable automotive brake caliper market players. Other prominent participants include Robert Bosch, Budweg, WABCO, and Brakes International. Industry players are focusing on expanding their business to enhance their visibility among the customers. For instance, in August 2017, Akebono Brake Industries planned to expand its production capacity for manufacturing of brake calipers, strengthening its position, particularly in Asia Pacific.

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Table of Content:

Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Automotive Brake Caliper Industry Insights
Chapter 4 Automotive Brake Caliper Market, By Vehicle
Chapter 5 Automotive Brake Caliper Market, By Product
Chapter 6 Automotive Brake Caliper Market, By Distribution Channel
Chapter 7 Automotive Brake Caliper Market, By Piston Material
Chapter 8 Automotive Brake Caliper Market, By Manufacturing Process
Chapter 9 Automotive Brake Caliper Market, By Region
Chapter 10 Company Profiles

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Outside scope of this report The automotive brake caliper market has been witnessing remarkable growth with the surging adoption of vehicles along with the increasing use of disc braking systems for meeting the extensive need of vehicle safety. Over the last few years, with the increasing concerns over driving comfort and vehicle safety, traditional mechanical brakes are being replaced with disc brakes on a large scale. In addition, the regulatory bodies also have been mandating vehicle manufacturers to deploy effective braking systems which will have a favorable influence on overall automotive brake caliper market share over the years ahead. As of now, in many newly manufactured vehicles, disc brakes have been installed prominently in order to comply with regulatory norms. According to Products Finishing, in 2016, approximately over 90 million passenger cars were manufactured and nearly 80% of them are equipped with disc brakes.

Meanwhile, in accordance with the surging deployment of disc brakes, leading players in automotive brake caliper industry have been focusing on the development of effective braking systems having high strength braking materials. In line with the need of an effective braking system, they have set new standards for appearance maintenance, weight reduction, and corrosion protection. In addition, many industry contributors have been focusing on the improvement of their existing product portfolio for attracting more consumers. Driven by extensive research and development programs brought about by some of the key players across this vertical, in tandem with the advent of electromechanical braking systems, the overall automotive brake caliper market outlook is likely to observe a commendable transformation in the years ahead.

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