Press release
Fixed Automotive Brake Calipers are Anticipated to be the Most Favorable Product Type in Automotive Brake Caliper Market || Key Players: WABCO, Aisin Seiki Co., Ltd, Akebono Brake Industry Co., Ltd, Brembo S.p.A, ZF Friedrichshafen, Apec Braking
Factmr
insightful report barn light on key dynamics, which are expected to transform future of the brake caliper market, in turn, creating flourishing avenues for prominent companies as well as emerging players associated with the manufacturing of brake caliper.
Traditional cars used drum brakes, where the motion of the wheels is decelerated by friction between a rotating drum and brake shoes mounted inside the drum. As the brake pads in disc brake systems are external to the disc and not limited within a drum, heat doesn’t normally build up rapidly. Ergo, disc brakes have largely replaced drum brakes in modern vehicles. Nevertheless, brake caliper has been pivotal in the disc brake system.
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Fixed automotive brake calipers are anticipated to be the most Favorable Product Type in Automotive brake caliper Market
Fixed automotive brake caliper holds more than 55% share in automotive brake caliper sales. Although the sliding automotive brake caliper are also growing at a significant rate owing to the increasing demand for efficient braking and lower setup time. The fixed automotive brake caliper is estimated to grow at a significant CAGR of more than 3.7% in terms of value, in the global automotive brake caliper market over the forecast period.
Though the demand for HCV vehicle is expanding sluggardly, automotive brake caliper for PCV vehicle will exhibit a bullish growth with value surpassing USD 2 billion by 2027-end. The sluggish growth of HCV automotive brake caliper is mainly attributed to the long product lifecycle.
APEJ region is projected to account for more than 30 percent market share in automotive brake caliper market by 2027-end. Unprecedented adoption of vehicles and robust economic growth in India and China are known to steer the growth of automotive brake caliper in the region.
Automotive Brake Caliper Market: Report Content
The report provides a coherent analysis on the automotive brake caliper market which is backed up by quantitative and qualitative analysis. Besides, the report delves into the happenings in the market which have bearing on the growth of the automotive brake caliper market, comprising drivers, restraints, trends and opportunities. Further, the report also sheds light on segmentation to exhibit an exhaustive analysis of the automotive brake caliper market.
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The report includes executive summary, overview section, which reveal a robust analysis of the automotive brake caliper market. Besides, the market overview section delineates supply chain, cost structure and pricing analysis along with PESTLE analysis to present a thorough analysis on the automotive brake caliper market. In addition, the overview section also peruses on Porters’ Five Force analysis which is known to aid in comprehending competitive scenario with regards to automotive brake caliper market.
Automotive Brake Caliper Market: Competitive Landscape
Key players operating in the global market for automotive brake caliper, include TRW Automotive, Continental AG, WABCO, Aisin Seiki Co., Ltd, Akebono Brake Industry Co., Ltd, Brembo S.p.A, ZF Friedrichshafen, Apec Braking, Budweg, and Mando Corp.
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