The Business Research Company’s report on the Brake Caliper Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the brake caliper market further?
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.
Access Your Free Sample of the Global Brake Caliper Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=12361&type=smp
What are the key factors influencing the forecasted market size of the brake caliper industry?
The brake caliper market size has grown steadily in recent years. It will grow from $11.79 billion in 2024 to $12.28 billion in 2025 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to automotive safety regulations, evolution in automotive design, demand for performance vehicles, improved manufacturing processes, and automotive performance enhancement
The brake caliper market size is expected to see steady growth in the next few years. It will grow to $14.82 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to the rise in electric and hybrid vehicles, demand for sustainable components, integration of sensor technology, and 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, and enhanced heat management.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=12361&type=smp
Who are the leading competitors in the brake caliper market?
Major companies operating in the brake caliper market include 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.
Which emerging trends are set to transform the brake caliper market landscape?
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 works 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.
How do different geographies compare in terms of market share and growth potential in the brake caliper market?
Asia-Pacific was the largest region in the brake caliper market in 2024. The regions covered in the brake caliper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/brake-caliper-global-market-report
Which major segments of the brake caliper market are experiencing the fastest growth?
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), After market
Subsegments:
1) By Floating Brake Caliper: Single-Piston Floating Calipers, Multi-Piston Floating Calipers
2) By Fixed Brake Caliper: Single-Piston Fixed Calipers, Multi-Piston Fixed Calipers, Radial Fixed Calipers, Axial Fixed Calipers
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12361
How is the brake caliper market defined, and what are its core characteristics?
A brake caliper refers to a vital part of an automobile’s braking system that aids in reducing the rotor’s rotation as the car is stopped. It generates friction with the brake rotors to slow the vehicle’s wheels.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
