As per this study the Global Disc Brake Market was valued USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2027 with a CAGR of XX%.
Disc Brake is a component of the automotive brake system includes calipers to trap the brake pair to create friction. It is a circular-shaped disc or plate attached to the wheel of automotive vehicle. It uses a slim rotor and the calipers that retards and stops the movement of car wheel.
Rising automotive sales coupled with growing demand for installation of efficient braking system is driving the market demand. Owing to lightweight structure with better stopping potential and faster heat dissipation is fueling its demand over brake drum. Also, favorable governmental norm on passenger safety is likely to push the market demand uphill.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of Disc Brake.
The broad disc brake market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for disc brake in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Disc Brake Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the disc brake market AC delco, Accuride Gunite, Aisin Seiki, Bocsh, Brembo, Continental, EBC Brake, Kiriu, Lpr Break, Remsa, TEXTAR, Winhere and ZF TRW. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.