Automotive Disc Brake Market: Global Industry Analysis, Size, Share, Growth and Forecast to 2023

Market Highlights:
The growth in the automotive industry leads to increase demand for automotive disc brake market. Automotive disc brakes helps to slow down or stop the rotation of a wheel using brake pads and increase the safety and efficiency of the vehicle. Lightweight structure and enhanced braking performance improves handling and driving performance of the vehicle. Factors such Self adjusting nature, favorable government regulation for minimizing stopping distance as well as serve as safety device are acting as a primary factor for the growth of market. Latest trends such as rise in demand for disc brake in motorcycles and rising adoption of carbon ceramic brake pads will pull the market towards growth.

Automotive disc brake market is expected to reach at market size of $15.6 billion by the end of forecast period with CAGR of 6.5 % between 2017 and 2023.

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Key Players:
The major player operating in the market of global automotive disc brake are EBC Brakes (U.K.), TRW Automotive (U.S.), Nissin Kogyo Co., Ltd (Japan), Haldex AB (Sweden), Federal-Mogul Motorparts LLC. (U.S.), Knorr-Bremse AG (India), Mando Automotive India Private Limited (India), Akebono Brake Corporation (Japan), and Aisin Seiki Co., Ltd (Japan) and Brembo S.p.A. (Italy).

Market Research Future Analysis:
Market Research Future analysis show that the global market of Automotive Disc Brake market is estimated to grow at USD 15.6 billion by the end of year 2023. Asia pacific is leading the market of automotive disc brake. Currently, Asia pacific is dominating the market with increasing vehicle production in countries such as India and China and focuses on to increase production capacity driving the market for automotive disc brake. Moreover, high production of vehicles, increasing operational performance, improving drivability and ensuring safety are some of the factors which boom the market of Asia-Pacific.

Brief TOC:
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Automotive Disc Brake Market, By Type
4.1 Introduction
4.2 Fixed Caliper
4.3 Floating Caliper
4.4 Sliding Caliper
4.5 Others
5 Global Automotive Disc Brake Market, By Application
5.1 Introduction
5.2 Passenger vehicle
5.3 Commercial vehicle
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List of Tables:
Table 1 Global Automotive Disc Brake Market, By Type
Table 2 Global Automotive Disc Brake Market, By Application
Table 3 Global Automotive Disc Brake Market, By Regions
Table 4 North America Automotive Disc Brake Market, By Type
Table 5 North America Automotive Disc Brake Market, By Application
Table 6 U.S. Automotive Disc Brake Market, By Type
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