Press release
Automotive Brake Caliper Market 2019-2024 By Top Key Players Akebono Brake Corporation, Chassis Brakes International, Brembo, BWI Group, Cardone Industries, Continental, Knorr-Bremse, Bosch, ZF Friedrichshafen, WABCO
Automotive Brake Caliper
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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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• ACDelco
• AISIN Group
• Akebono Brake Industry Co., Ltd.
• Alcon Components Limited
• Apec Braking
• Automotive Brake Engineering (ABE)
• Bendix
• Brakes International
• Brembo
• Budweg
• BWI Group
• Cardone
• Continental AG
• EBC Brakes
• Haldex Brakes
• K-Sport
• Knorr-Bremse
• Wenzhou LiBang Enterprise Co., Ltd.
• Mando Corporation
• Remy Automotive
• Robert Bosch
• TAROX
• TRW Automotive
• WABCO
• ZF Friedrichshafen AG
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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.
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.
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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.
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