Press release
How Will Growing Concerns Over Road Safety Augment Global Automotive Brake Caliper Market Share?
Rapid expansion in the global automobile industry would drive automotive brake caliper market size in the years to come. Nowadays, strict safety norms specifically made to safeguard drivers and pedestrians have compelled automobile manufacturers to integrate advanced emergency braking systems, such as ABS, in their new vehicle variants.Automakers are also actively working on increasing their sales by adopting remanufacturing technologies and investing in light-weight materials. These factors may foster the growth trajectory of market. Currently, Continental, WABCO, AISIN Group, Brakes International and Robert Bosch are at the forefront of the market.
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What is driving global automotive brake caliper market outlook across the two-wheelers segment?
The advent of electric scooters and motorcycles across developing countries have hugely benefitted the automotive brake calipers market outlook. Estimates say that the two-wheeler segment may garner a substantial growth rate by 2026. Nowadays, customers have started to consider vehicle parameters like braking capability and stopping distance while purchasing a bike. This has influenced various manufacturers to use high-quality brake clippers in their latest vehicle models.
How is phenolic brake caliper pistons different from its counterparts?
In terms of piston material, the automotive brake caliper market is bifurcated into steel, aluminum, phenolics, and titanium. Out these, phenolic brake calipers are likely to witness considerable growth over the predicted timeframe. This growth can be contributed to the availability of a broad variety of plastics.
Phenolic possesses exceptional properties such as high strength and reduced weight, which further improves fuel efficiency and heat resistance. Moreover, these materials can endure high compression stresses, making it an excellent choice for making pistons.
Which distribution channel is currently dominating automotive brake caliper market forecast?
Over the years, OEMs have managed to dominate the overall automotive brake caliper market, as automobile manufacturers install calipers during vehicle assembly. In a move to diversify in the market, major industry players are innovating with their manufacturing processes and technologies, which in turn, could help enhance overall caliper performance and reduce weight.
Taking July 2019 for instance, Carbon Performance unveiled its portfolio of 3D printed automotive brake calipers that are influenced by its proprietary automated intelligent solution, SK3L370N.
Meanwhile, manufacturers are focusing on introducing new aftermarket products that meet heavy demand for superior brake calipers. For example, Hope launched its RX4 disc brake calipers as an aftermarket upgrade to enhance the braking performance of gravel and all road bikes. These brakes are superior in quality in comparison with factory fitted hydraulic disc brakes manufactured by SRAM, Campagnolo and Shimano.
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How will MEA automotive brake caliper market experience growth by 2026?
The Middle East & Africa automotive brake caliper market is expected to endow lucrative growth proceeds in the coming years. Reports cite that MEA is one of the fastest growing regions in the market and is projected to amass a cumulative growth rate of 3% by 2026.
However, automobile component suppliers in the region are obliged to maintain the equilibrium of the opportunities against the associated risks arising from certain legal conditions, potential political instabilities and OEM dependencies.
Table of Contents (ToC) of the report:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model & forecast
1.1.3. Industry insights & validation
1.1.4. Definitions, assumptions & forecast parameters
1.1.4.1. Definitions
1.1.4.2. Assumption & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
1.2.2.1. Paid sources
1.2.2.2. Public sources
Chapter 2. Automotive Brake Caliper Market Summary
2.1. Automotive brake caliper industry 360° synopsis, 2016 - 2026
2.1.1. Business trends
2.1.2. Vehicle trends
2.1.3. Product trends
2.1.4. Distribution trends
2.1.5. Piston material trends
2.1.6. Manufacturing process trends
2.1.7. Regional trends
Chapter 3. Automotive Brake Caliper Market Insights
3.1. Industry segmentation
3.2. Industry landscape, 2016 – 2026
3.2.1. Impact of COVID-19 on industry landscape
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Manufacturers
3.3.3. Profit margin analysis
3.3.4. End-user analysis
3.3.4.1. OEM
3.3.4.2. Aftermarket
3.3.4.3. End-users
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/automotive-brake-caliper-market
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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