The latest report on Automotive Disc Brake Market by Infinium Global Research gives complete coverage of the Automotive Disc Brake Market by type (opposed piston type disc brake, and floating caliper type disc brake), material type (cast iron, aluminum, stainless steel , and others), vehicle type (passenger car, heavy commercial vehicle, and light commercial vehicle) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of Automotive Disc Brake such as North America, Europe, Asia-Pacific and Latin America over the short run and long run. The global automotive disc brake market is projected to grow at a CAGR of 6.4% over the forecast period of 2019-2025.
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The brake disc is the rotating part of a wheel’s disc brake assembly, against which the brake pads are applied. The material used for making automotive disk brake is typically gray iron which is a form of cast iron. The design of the discs varies as per requirement such as simply solid or hollowed out with fins. The automotive disc design helps to dissolve and absorb the generated heat and is commonly used on the more-heavily loaded front discs. Further, hydraulically actuated disc brakes are the most commonly used form of brake for motor vehicles.
Increasing Demand for Two-Wheeler Vehicles and Car will Propel the Demand of the Automotive Disk Brake Market By 2021
A major decline in the automotive and automobile sector will be witnessed owing to disturbed supply chains, frequent lockdown regulations by the government, and unavailability of raw materials. This virus has brought many uncertainties in sustaining the production and this is likely to remain affected for the short term. However, increasing demand for two-wheeler vehicles and cars will propel the demand of the automotive disk brake market by 2021.
The increasing population, growing awareness about health and safety norms, and the rising need for improving vehicle performance are the key driving factors for the growth of the automotive disk brake market. The increasing requirement of automotive disc brakes in passenger cars, as well as commercial vehicles, can be primarily attributed to the increasing safety needs along with enhanced traveling experience.
Favorable Properties are the Key Contributing Factor Which Boosts the Demand of Automotive Disk Brake Market
Further, the benefits associated with this automotive disk brake such as low cost, friction resistance thermal stability, and favorable properties are the key contributing factor which boosts the demand of automotive disk brake market. However, the availability of alternatives for automotive disk brakes may hamper the demand of this market. Furthermore, Stringent government regulations for mandating vehicle safety norms and growing use of cast iron material are anticipated to boost the demand of the automotive disk brake market in the forecast period.
Asia Pacific Held the Largest Share in Automotive Disc Brake Market
Geographically, Asia Pacific held the largest share in the Automotive disc brake market in 2019. The US is a key revenue generator in the Asia Pacific Automotive disc brake market. Factors such as increasing stringency in regulatory norms regarding vehicle safety and the high rate of adoption of advanced devices in the vehicle will increase demand for the Automotive disc brake market in this region. However, North America will witness a speedy growth in the market owing to rapid growing population and increasing demand for vehicles which expected to escalate the demand for the Automotive disc brake over the forecast period.
Table of Content:
Chapter – 1 Preface
Chapter – 2 Executive Summary
Chapter – 3 Global Automotive Disc Brake Market Overview
Chapter – 4 Automotive Disc Brake Market Macro Indicator Analysis
Chapter – 5 Global Automotive Disc Brake Market by Type
- Opposed Piston Type Disc Brake
- Floating Caliper Type Disc Brake
Chapter – 6 Global Automotive Disc Brake Market by Material Type
- Cast Iron
- Stainless Steel
Chapter – 7 Global Automotive Disc Brake Market by Vehicle Type
- Passenger Car
- Heavy Commercial Vehicle
- Light Commercial Vehicle
Chapter – 8 Global Automotive Disc Brake Market by Region 2019-2025
- North America
Chapter – 9 Company Profiles and Competitive Landscape
- Robert Bosch GmbH
- Aisin Seiki Co., Ltd
- Continental AG
- Brembo S.p.A. Knorr-Bremse
- ZF TRW
- Haldex Group
- Nissin Kogyoa Co., Ltd
- Mando Corporation
- Federal-Mogul Motorparts LLC.
Chapter – 10 Appendix
- Primary Research Findings and Questionnaire
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