Press release
Brake Caliper Market Trends, Outlook, Insights, Overview 2024-2033
Brake Caliper Market
The Business Research Company offers in-depth market insights through Brake Caliper Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The brake caliper market size has grown steadily in recent years. It will grow from $11.39 billion in 2023 to $11.96 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to automotive safety regulations, evolution in automotive design, demand for performance vehicles, improved manufacturing processes, automotive performance enhancement.
The brake caliper market size is expected to see steady growth in the next few years. It will grow to $14.13 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to rise in electric and hybrid vehicles, demand for sustainable components, integration of sensor technology, evolution in brake-by-wire systems. Major trends in the forecast period include efficiency-optimized caliper designs, compact and space-saving designs, customizable caliper designs, integration of brake health monitoring, enhanced heat management.
Get Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=12361&type=smp
Market Segmentation:
The brake caliper market covered in this report is segmented -
1) By Type: Floating Brake Caliper, Fixed Brake Caliper
2) By Vehicle: Passenger Car, Light Commercial Vehicles (LCV), Two-Wheeler, High Commercial Vehicle (HCV)
3) By Piston Material: Aluminum, Steel, Titanium, Phenolics
4) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket
Major Driver - Surge In Brake Caliper Market Fueled By Growing Passenger Vehicle Sales
Growth in passenger vehicle sales is expected to propel the growth of the brake caliper market going forward. Passenger vehicles refer to self-propelled vehicles with a capacity of no more than ten people, not including the driver. The crucial brake caliper, which applies pressure to the brake pads to slow or stop the vehicle, is an essential part of the car's braking system. A brake caliper is used to provide these vehicles with dependable braking systems. For instance, in March 2023, according to the European Automobile Manufacturers Association, a Belgium-based lobbying and standards group of the automobile industry, passenger car registrations in the EU increased by 11.5% from 719,783 units in 2022 to 802,763 units in 2023. Therefore, growth in passenger vehicles is driving the growth of the brake caliper market.
Competitive Landscape:
Major companies operating in the brake caliper market report are Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Aisin Seiki Co. Ltd, TRW Automotive Holdings Corp.,Knorr-Bremse AG, HL Mando Corporation, Brembo SpA, Bendix Commercial Vehicle Systems LLC, Cardone Industries Inc., Akebono Brake Industry Co Ltd., Haldex AB, FTE Automotive GmbH, MAT Foundry Group Ltd., Advics Co. Ltd., TMD Friction Holdings GmbH, Power Stop LLC, Centric Parts Inc., Wilwood Engineering Inc., Sumitomo Corporation, ACDelco Corp, Ap Racing Limited, Alcon Components Limited, Brake Engineering, Baer Inc., Tarox Srl, Japan Brake Industrial Co Ltd., Nissin Brake Performance, Remsa S.A., Nakamoto Industrial Co. Ltd.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/brake-caliper-global-market-report
Top Trend - Innovative Strides Brake Caliper Market Resonates With Product Advancements
Product innovation is a key trend gaining popularity in the brake caliper market. Major companies in the brake caliper market are developing innovative products to sustain their position in the market. For instance, in November 2022, Continental, a Germany-based automotive parts manufacturing company, launched the Green Caliper, a newly developed brake caliper for disc brakes specially designed for electric vehicles. They are uniquely designed to save up to two kilograms in weight per brake caliper and up to three more kilograms per brake disc. This brake consists of a lower mass of brakes, which can be as low as five kilos per brake, and the reduced friction between the brake pad and the disc work together to extend an electric car's range. This significant advancement was made possible by targeting further research to address the need for a brake in an electric vehicle.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Brake Caliper Market Characteristics
3. Brake Caliper Market Trends And Strategies
4. Brake Caliper Market - Macro Economic Scenario
5. Brake Caliper Market Size And Growth
…..
27. Brake Caliper Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn:https://in.linkedin.com/company/the-business-research-company
Twitter:https://twitter.com/tbrc_info
Facebook:https://www.facebook.com/TheBusinessResearchCompany
YouTube:https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog:https://blog.tbrc.info/
Healthcare Blog:https://healthcareresearchreports.com/
Global Market Model:https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases:https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultantsspecialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Brake Caliper Market Trends, Outlook, Insights, Overview 2024-2033 here
News-ID: 3384345 • Views: …
More Releases from The Business research company
Trends in Growth, Segment Analysis, and Competitive Approaches Influencing the R …
The radio frequency identification (RFID) baggage handling system (BHS) market is set to experience significant growth over the coming years, driven by advancements in airport technology and evolving passenger needs. As airports continue to modernize and automate their operations, the demand for efficient baggage handling solutions is increasing rapidly. This overview explores the market's size, influential players, emerging trends, and key segments shaping its future.
Projecting the Radio Frequency Identification Baggage…
Leading Industry Participants Reinforce Their Presence in the Process Informatio …
The process information (PI)-to-cloud data broker solutions industry is positioned for significant expansion as digital transformation accelerates across industrial sectors. Increasing demand for real-time data access and seamless integration between operational technology (OT) and information technology (IT) systems is driving rapid innovations and investments. Let's explore the market size projections, key players, emerging trends, and segment insights shaping this evolving landscape.
Projected Market Size Growth in the Process Information (PI)-To-Cloud Data…
Future Perspective: Key Trends Shaping the Policy Management Telecom Market Up t …
The policy management telecom sector is set to experience significant expansion over the coming years, driven by technological advances and growing network demands. This evolving market is playing a crucial role in supporting the complex needs of modern telecom operators, enabling more efficient management and automation of network policies. Below, we explore the current market size projections, leading companies, key trends, and segmentation details that define this dynamic industry.
Strong Growth…
Competitive Analysis: Key Market Leaders and New Entrants in the Pantyhose and T …
The pantyhose and tights market is set to witness consistent growth as consumer preferences evolve and new trends gain traction. With increasing emphasis on sustainability, comfort, and style, this sector is poised for meaningful expansion through 2030. Let's dive into the market's valuation, key players, emerging trends, and segmentation to understand the trajectory of this dynamic industry.
Forecasted Market Value and Growth Rate of the Pantyhose and Tights Market
The…
More Releases for Brake
Brake Repair Service: A Reliable Solution for Mobile Brake Services
When it comes to maintaining the performance and safety of your vehicle, brake systems are among the most critical components. Whether you're a truck driver or a fleet manager, ensuring your brakes are in optimal condition is a priority. Fortunately, finding a reliable Brake Repair Service [https://mobilebrakerepairtn.com/#:~:text=Brake%20Repair%20Service] provider has never been easier, thanks to mobile brake services that bring convenience and professionalism right to your location.
Mobile Brake Services: Convenient, Efficient,…
Brake System Market : Disc Brake, Drum Brake, Hydrostatic Brake 2020-2027
The global brake system industry was valued at $41.62 billion in 2019, and is projected to reach $61.20 billion by 2027, registering a CAGR of 7.0%. The report provides a detailed analysis of changing market dynamics, top investment pockets, major winning strategies, key segments, and competitive scenarios.
Growth in production & sales of commercial vehicles and off-highway trucks, rise in stringency of automotive active safety regulations, and initiatives of new car…
Aircraft Brake System : Power Brake, Boosted Brake, and Independent Brake 2021-2 …
The global aircraft brake system market was valued at $10.52 billion in 2020, and is projected to reach $16.95 billion in 2030, registering a CAGR of 5.2%. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.
Increase in air passenger traffic in the world and rise in operations in the commercial aviation sector are expected to fuel the global aircraft brake…
Aircraft Brake System Market : Power Brake, Boosted Brake, and Independent Brake …
The global aircraft brake system market generated $10.52 billion in 2020, and is anticipated to reach $16.95 billion in 2030, manifesting a CAGR of 5.2%.
Increase in air passenger traffic in the world and rise in operations in the commercial aviation sector are expected to fuel the global aircraft brake system market. On the other hand, strict regulatory conditions create hindrances to market growth. On the contrary, usage of advanced…
Brake System Market : Disc Brake, Drum Brake, Hydrostatic Brake, Hydraulic Wet B …
The global Brake System Industry estimated $41.62 billion in 2019, and is expected to hit $61.20 billion by 2027, witnessing a CAGR of 7.0% from 2020 to 2027.
Download Report Sample at https://www.alliedmarketresearch.com/request-sample/1024
Covid-19 Scenario-
The covid-19 outbreak has immensely affected the industry, as most of the original equipment manufacturers (OEM) have kept the production of brake systems on hold.
The supply chain management has been disrupted resulting in shortage of raw materials. The…
Brake System Market : Disc Brake, Drum Brake, Hydrostatic Brake, Hydraulic Wet B …
The global brake system industry was valued at $41.62 billion in 2019, and is projected to reach $61.20 billion by 2027, registering a CAGR of 7.0%. The report provides a detailed analysis of changing market dynamics, top investment pockets, major winning strategies, key segments, and competitive scenarios.
Download Report Sample at https://www.alliedmarketresearch.com/request-sample/1024
Growth in production & sales of commercial vehicles and off-highway trucks, rise in stringency of automotive active safety regulations, and…
