Automotive Brake Caliper Market – Global Industry Forecast & Analysis over 2020 - 2026

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Reports suggest that global automotive brake caliper market size will exceed USD 16 billion in terms of annual remunerations by 2026. Shifting trends towards electric vehicles along with consistent global automotive production will drive automotive brake calipers market forecast. In 2019, around 92 million motor vehicles were produced globally, while Japan, Germany and China were among the largest producers of commercial vehicles in the same year.

The adoption of plug-in hybrids and all-electric vehicles has also been steadily rising over the last decade. For instance, Norway, with a population of just 5 million, has significantly switched to EVs. The country has the highest share of new EV purchases in the world as of 2020. Increased consumer preference for EVs and plug-in hybrid vehicles has prompted automakers to boost production, which in turn is favoring automotive brake caliper production.

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Two-wheeler segment is estimated to generate revenue of USD 1.5 billion by 2026 on account of the rapid penetration of electric scooters and motorcycles in the emerging nations. Also, manufacturer efforts to reduce minimum braking distance and improve immediate stopping of motorcycles and cars will further drive innovations.

The automotive brake caliper market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in million units and revenue in USD million from 2016 to 2026, for the following segments:
 
Market by Vehicle
  • Passenger car
  • LCV
  • HCV
  • Two-wheelers
Market by Product
  • Fixed
  • Floating/sliding
Market by End-user
  • OEM
  • Aftermarket
Market by Piston Materials
  • Aluminum
  • Steel
  • Titanium
  • Phenolics
Market by Manufacturing Process
  • High pressure die casting
  • Gravity die casting

The above information has been provided for the following regions and country:
·         North America
·         South America
·         Europe
·         Asia Pacific
·         Middle East & Africa

Browse key industry insights spread across 225 pages with 367 market data tables & 8 figures & charts from the report, “Automotive Brake Calipers Market Size By Vehicle (passenger car, LCV, HCV, Two-Wheelers), By Product (Fixed, Floating/Sliding), By End-user (OEM, Aftermarket), By Piston Material (Aluminum, Steel, Titanium, Phenolics), By Manufacturing Process (High Pressure Die Casting, Gravity Die Casting), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents: https://bit.ly/2ZkWDbK

Phenolics brake caliper piston segment will showcase steady growth due to abundant availability in wide range of plastics. Phenolics brake caliper pistons offer advantageous properties such as heat resistance, lightweight, high compression strength, which is important for automakers. This will be accountable for high product adoption rate in the coming years.

Fixed brake calipers are experiencing high demand as the product aids in lowering fuel consumption as well as overall weight reduction of a vehicle. These calipers are witnessing major adoption in passenger cars. Rise in ride-sharing trends and consumer preference for local transport to reduce environment impact is boosting the demand for passenger vehicles.

Increasing replacement of drum brakes and disc brakes in commercial vehicles is creating major growth avenues for OEMs. Growing product demand in vehicle braking systems due to frequent collisions and accidents will contribute towards automotive brake caliper industry size.

Europe automotive brake caliper market is poised to be driven by the growing production of vehicles in most part of the regional countries. Also, strict government regulations that are being implemented across Europe in order to enhance the braking system and safety of passengers and vehicles, which will fuel product proliferation through 2026.

Prominent players contributing towards global automotive brake caliper market are ACDelco, AISIN Group, Brakes International, BWI, Continental, APG, Mando and Brembo, among others.

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