Global Automotive Brake
Caliper Market – Market Outlook & Trends
The Global Automotive
Brake Caliper Market valued at USD 14 billion in 2019, is expected to reach USD
18.42 billion by 2026, at a CAGR of 4% during the projection period. The
growing number of vehicles and engine-based aftermarket industries across the
globe assures bright market prospects for Global Automotive Brake Caliper
Market. Besides, the demand for excellent and reliable automotive brake
calipers from customers drives the automotive industry towards more
progressive independent braking solutions. The braking systems with quality
materials & protective brake plates and high acceptance rate are further,
expected to create profitable opportunities for the automotive brake caliper
market. The growing acceptance of disc brake in vehicles over drum brake
coupled with growth in vehicle production worldwide is likely to draw more
The growing concerns for
vehicle safety and reduction of carbon emissions as well as favorable
government policies are anticipated to support the market growth further.
Moreover, developing as well as technically progressive nations across the
globe are in the process of building an ecosystem for electric vehicles, which
will again promote the brake caliper sales during the projection timeframe.
Global Automotive Brake
Caliper Market – Overview
The brake caliper is an
essential part of the disc brake and helps stop the movement of vehicles when
the driver steps on the brake paddle. It is made of semi-metallic materials
comprising metals such as brass, copper, and steel. The brake calipers are
equestrian over the rotor in the disc brakes and are activated by the brake
cylinder's piston. The range of the brake caliper varies as per the size of the
disc mounting on the wheel. The disc brake's stopping distance is less in
comparison to that of the drum brake, which is a critical factor in increasing
the demand for disc brake. The development of new effective and cost-efficient
brake-technology may obstruct the disc brake caliper market.
Implementation of New
In recent years, the
manufacturing process has moved to the next progressive stage of 3D printing or
preservative manufacturing. The manufacturers use the technology extensively
for prototyping and end-use parts. The latest enterprise joining 3D printing
based production is Bugatti-the maker of Veyron and Chiron Supercars. Its new
eight-piston monobloc brake caliper has substantial distinguished features and,
it is the first 3D printed major titanium component and primary brake caliper
in the engine-driven industry. The caliper was built with assistance by Laser
Zentrum Nord, a part of the Fraunhofer Research Group and vehicle trials are
under process for the same.
Adoption of lightweight
The fixed brake caliper
segment is predicted to grow substantially until 2026 as it offers advantages
of enduring torque and lightweight to the transports. These products can
accommodate 2 to 8 pistons on both inboard and outboard halves of the caliper
equally. Rising need for high performance and low carbon-emitting vehicles is
likely to induce the demand for fixed brake calipers.
Impact of COVID-19 in
has led to lockdowns in various nations across the world, affecting their
economies adversely. The automotive industry and motor-based aftermarket
services have also shrunk because of the decline in demand and production
globally. Automotive Brake Caliper market in 2020 has also sustained the
effects of lockdown and decline in economic activities. The pandemic has led to
distressing production and demand, supply chain and market disruption, and
adverse monetary impact on enterprises. However, as soon as the impact of
coronavirus mitigates, the development of electric vehicles and other
automobiles will again strengthen the brake calliper market.
Global Automotive Brake
Caliper Market: Segmentation
The Global Automotive
Brake Caliper Market is segmented based on Type of vehicles, Product, Piston
Material, End-user and Manufacturing Process. The market is subdivided into
Passenger Car, LCV, HCV, Two-Wheelers based on Vehicle-type. PCV vehicle type segment
is expected to register substantial growth on account of high demand for the
automotive brake caliper. In contrast, the HCV vehicle segment will grow at a
slower rate due to the long product lifecycle and the availability in the
market internationally. LCV Vehicles segment secured 30% market share in 2018
and is expected to register modest CAGR because of its maximum workpiece
diameter used in numerous light commercial vehicles.
Based on product, the
market is again divided into Fixed, Floating/Sliding segments. Fixed automotive
brake caliper retains more than 55% share in automotive brake caliper sales and
is expected to grow at a higher rate during the projected period. However, the
Descending or Floating automotive brake caliper segment is also anticipated to
grow at a remarkable rate, given its growing request due to effective braking
and lower setup time.
Based on End-user, the
brake caliper market for automotive can be segmented into two viz., OEM and
Aftermarket and between the two, the original equipment manufacturer (OEM)
segment is the leading one. The OEM segment directly sells to automakers and
augments the income of the manufacturers without any intermediary commission.
It is likely to maintain its dominance with a substantial growth rate during
the forthcoming years.
Based on Region, Global
Automotive Brake Caliper Market is segmented by key regions— North America,
Europe, Asia Pacific, South America, and the Middle East & Africa.
Global Automotive Brake Caliper Market: Regional Insights
Europe is the leading
market for brake calipers followed by North America, due to the significant
rate of adoption of disc brakes in vehicles in these regions.
Asia-Pacific is poised to
witness the highest growth throughout the forecast period owing to the
substantial development in automobile industry, increasing focus on safety,
growing population, rapid urbanization and rising disposable income in emerging
economies like China and India.
The leading companies in
this market are ACDelco, AISIN Group, Akebono Brake Industry Co., Ltd., Alcon
Components Limited, Apec Braking, APG, ATL Industries, Automotive Brake
Engineering (ABE), Bendix, Brakes International, Brembo S.p.A, Budweg, BWI
Group, Cardone, Centric Parts, Continental AG, EBC Brakes, Haldex Brakes,
K-Sport, Knorr-Bremse, Wenzhou LiBang Enterprise Co., Ltd. and others.
Ø Jul 2018: WABCO has signed a deal with Hyundai Motor Company to supply
its single-piston air disc brake (ADB) for the manufacturing of Hyundai's new
medium-duty trucks, scheduled to start from August 2019.
Ø Jun 2018: International Trucks has announced that air disc brakes will be
made standard for all of its International HV series and HX series.
Scope of the Report
Historical data – 2016-2018
Base Year – 2019
2020 – 2026
Revenue in USD Billion
Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South
Korea, China, India, UAE, South Africa, Saudi Arabia.
By Vehicle, By Product,
By End User, By Piston Material, By Manufacturing Process, By Region
AISIN Group, Akebono Brake Industry Co., Ltd., Alcon Components Limited, Apec
Braking, APG, ATL Industries, Automotive Brake Engineering (ABE), Bendix,
Brakes International, Brembo S.p.A, Budweg, BWI Group, Cardone, Centric
Parts, Continental AG, EBC Brakes, Haldex Brakes, K-Sport, Knorr-Bremse,
Wenzhou LiBang Enterprise Co., Ltd. and others.
Ø Passenger Car
By Piston Material
By Manufacturing Process
Ø High-Pressure Die Casting
Ø Gravity Die Casting
Ø North America
Ø Asia Pacific
Ø South America
Ø Middle East & Africa
The objective of the Study:
Ø To analyze and estimate the Global Automotive
Brake Caliper Market size, in terms of value.
Ø To examine the market segmentation carefully and estimate the
market size, in terms of value, based on the region by segmenting the Automotive Brake Caliper Market into five regions,
namely, North America, Europe, Asia Pacific, Rest of the World and their
Ø To outline, categorize and project the Global Automotive Brake Caliper Market based on Vehicle,
Product, End-User, Piston Material, Manufacturing Process and Region.
Ø To examine competitive developments in product, vehicles,
manufacturing process and material used for administration across different
age-groups within the Global Automotive
Brake Caliper Market.
Ø To highlight market dynamics such as drivers, restraints,
opportunities, and challenges and their impact.
Ø To provide a detailed competitive landscape, including major
players, their strategic profiles, and market shares.
Business Questions Answered by the Report:
Ø How will the market drivers, restraints, and opportunities
affect the market dynamics?
Ø What will be the market size in terms of value and volume and
market statistics with a detailed classification?
Ø Which segment dominates the market or region, and which one will
be the fastest-growing, and why?
Ø Who are the key players in the market, and what is their share?
Ø What is the strategy adopted by key players, and how does it
affect the existing and new players?
Customization Scope for the Client:
Client satisfaction is our first and last priority, and that is
why BlueWeave Consulting offers customization as per client’s specific needs.
The following customization options are available for the report:
Ø Additional Company Information
Ø Detail Analysis of five additional companies
Ø Additional country analysis
Ø Detailed segment analysis