Global Automotive Disc Brake Market Growth 2023-2029

Global Automotive Disc Brake Market Growth 2023-2029

Disc Brake is a type of brake that uses calipers to squeeze pairs of pads against a disc in order to create friction that retards the rotation of a shaft, such as a vehicle axle, either to reduce its rotational speed or to hold it stationary. Hydraulic disc brakes are the most commonly used form of brake for motor vehicles but the principles of a disc brake are applicable to almost any rotating shaft.

The Disc Brake is usually made of cast iron, steel and aluminum, but in some cases may be made of composites such as reinforced carbon–carbon or ceramic matrix composites.

LPI (LP Information)' newest research report, the “Automotive Disc Brake Industry Forecast” looks at past sales and reviews total world Automotive Disc Brake sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Disc Brake sales for 2023 through 2029. With Automotive Disc Brake sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Disc Brake industry.

This Insight Report provides a comprehensive analysis of the global Automotive Disc Brake landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Disc Brake portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Disc Brake market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Disc Brake and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Disc Brake.

The global Automotive Disc Brake market size is projected to grow from US$ 13850 million in 2022 to US$ 17050 million in 2029; it is expected to grow at a CAGR of 17050 from 2023 to 2029.

Global Automotive Disc Brake key players include ZF TRW, Continental, Akebono Brake, APG, CBI, etc. Global top five manufacturers hold a share over 35%.

EU is the largest market, with a share over 25%, followed by China and North America, both have a share over 40%.

In terms of product, Opposed Piston Type is the largest segment, with a share over 80%. And in terms of application, the largest application is Sedan, followed by SUV & Pickup Truck, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Disc Brake market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Opposed Piston

Floating Caliper

Segmentation by application

Sedan

SUV and Pickup Truck

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

ZF TRW

Continental

Akebono Brake

Brembo

Aisin Seiki

Mando

Nissin Kogyo

Knorr-Bremse

Wabco

Haldex

Shandong Aoyou

CBI

APG

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Disc Brake market?

What factors are driving Automotive Disc Brake market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Disc Brake market opportunities vary by end market size?

How does Automotive Disc Brake break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.