Press release
Global Automotive Disc Brake Market Projected to Reach US$ 3958.13 Mn by 2029, Exhibiting a Remarkable CAGR of 19.67%
23-01-2024: Report Scope and Research Methodology:The report encompasses a thorough analysis of the impact of COVID-19 on market leaders, followers, and disruptors. The research methodology, detailed in the report, ensures transparency and reliability. A free sample report is available for those interested in understanding the methodology.
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Market Drivers and Dynamics:
Disc brakes, playing a crucial role in reducing stopping distance and enhancing safety, are witnessing growing popularity. The Opposed Piston segment dominates due to its stable braking force and high controllability, although it comes at a higher cost than floating calipers. A notable trend is the rising adoption of carbon ceramic brake pads, contributing to weight reduction and improved braking performance.
Segment Analysis: Powder-Free Dominance and Medical Sector Surge:
Based on type, the global automobile disc brake market is divided into two segments: floating callipers and opposed pistons. Even though opposed piston disc brakes use two pistons, they nevertheless exert more squeezing force and distribute it more evenly when braking. Typically composed of cast iron, steel, and aluminium, disc brakes can also occasionally be formed of composite materials such ceramic matrix composites or unbreakable carbon.
With a thorough analysis of important competitors, including market leaders, followers, and recent arrivals by region, the report covers every facet of the industry. The study includes PORTER, SVOR, and PESTEL analyses along with the possible effects of microeconomic factors on the market by region. The analysis of both internal and external elements that could have a positive or negative impact on the firm will provide decision makers with a clear picture of the industry's future.
By examining market segments and projecting the size of the global automotive microcontrollers market, the study also aids in understanding the dynamics and structure of the industry. An accurate depiction of the competition analysis of the major companies in the market by kind, price, standing financially, product portfolio, expansion plans, and geographic presence
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Who are Automotive Disc Brake Market Key Players?
1. ZF TRW
2. Continental
3. Brembo
4. Akebono Brake
5. Aisin Seiki
6. Mando
7. Nissin Kogyo
8. Knorr-Bremse
9. Wabco
10. Haldex
11. EBC Brakes
12. TRW Automotive
13. Federal-Mogul Motorparts LLC.
14. Accuride Wheel End Solutions
15. EBC Brakes
16. Robert Bosch GmbH
Table of content for the Automotive Disc Brake Market includes:
Part 01: Executive Summary
Part 02: Scope of the Automotive Disc Brake Market Report
Part 03: Automotive Disc Brake Market Landscape
Part 04: Automotive Disc Brake Market Sizing
Part 05: Automotive Disc Brake Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Perspectives: North America and APAC Leading the Way:
North America's Dominance: In 2023, North America held a market share of over 35.2%, driven by a robust healthcare sector and increasing industrial activities. Automotive Disc Brake have become a staple in hospitals, clinics, and households, with rising awareness among individuals about the importance of cleanliness.
APAC Growth Trajectory: The Asia-Pacific region is a significant contributor, experiencing a rising demand for Automotive Disc Brake due to a growing population and increased healthcare needs. The region serves as a major production hub, with governments encouraging hygiene practices and driving adoption.
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