Global Automotive Disc Brake Market Report 2019 Foresees the Market to grow by 7% during 2021-2027
Posted On January 08, 2021
The Global Automotive Disc Brake Market is anticipated to grow at a compound annual growth rate (CAGR) of 7% during 2021-2027 by Value Market Research. Automotive disc brakes are a mechanical control system that decelerates a vehicle by dissipating its kinetic energy. Implementation of advanced braking systems in commercial and industrial vehicles will be the key trend for this market's growth. Technological developments and high demand for electro-mechanical systems in modern vehicles will be a market booster. The growing use of disc brakes in passenger cars and commercial vehicles mainly because of their stable performance at high speeds and resistance to brake fade will benefit market growth. Rising vehicle production and initiatives from the government to prevent speeding, accidents, and skidding of vehicles, will boost the market growth. The high costs involved in the manufacture and increased chances of counterfeiting products are the main roadblocks faced by this market.
An automotive disc brake is part of a vehicle's brake system that stops or slows it down. This hydraulic pressure system is generally present on the front wheels, but some vehicles have disc brakes on all four wheels. A disc brake has greater stopping power and does not overheat quickly under heavy use. A disc brake is less complicated, provides a strong, reliable, long-lasting braking performance, dissipates heat easier, and works better in wet conditions. It consists of four parts, pads, rotors, calipers, and hardware. The two types of disc brakes available are floating and fixed. Regular inspections to keep the brake system in proper working condition is mandatory.
"Global Automotive Disc Brake Market Report By Type (Floating Calliper, Fixed Calliper, And Sliding Calliper ), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, And Medium And Heavy Commercial Vehicles) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" report begins with the market introduction, market snapshot followed by in-depth regional revenue/volume for the next six years. The geo-economic factors and historic automotive disc brake industry trends are analysed to foresee and predict the forecasts for next six years.
On the basis of type the market is segmented into Floating Calliper, Fixed Calliper, Sliding Calliper. By vehicle type the automotive disc brake market is categorised as Passenger Cars, Light Commercial Vehicles, Medium And Heavy Commercial Vehicles. The geographical segmentation of the report highlights the share of the revenue/volume spread globally as per region and country. The study in segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
The Report Segments Global Automotive Disc Brake Market -
- Floating Calliper
- Fixed Calliper
- Sliding Calliper
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Medium And Heavy Commercial Vehicles
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
EBC Brakes, TRW Automotive, Nissin Kogyo Co., Ltd, Aisin Seiki Co., Ltd, Mando Automotive India Private Limited, Haldex AB, Federal-Mogul Motorparts LLC., and many others.
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