Global Brake Disc Market Growth 2023-2029

Global Brake Disc Market Growth 2023-2029

Brake Disc is the component of a disc brake against which the brake pads are applied. The material is typically grey iron, a form of cast iron. The design of the disc varies somewhat. Some are simply solid, but others are hollowed out with fins or vanes joining together the disc's two contact surfaces (usually included as part of a casting process). The weight and power of the vehicle determines the need for ventilated discs. The "ventilated" disc design helps to dissipate the generated heat and is commonly used on the more-heavily-loaded front discs.

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

This Insight Report provides a comprehensive analysis of the global Brake Disc 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 Brake Disc portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Brake Disc market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Brake Disc 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 Brake Disc.

The global Brake Disc market size is projected to grow from US$ 6719.6 million in 2022 to US$ 12220 million in 2029; it is expected to grow at a CAGR of 12220 from 2023 to 2029.

Global Brake Disc key players include Brembo, Winhere, Aisin Seiki, Kiriu, etc. Global top four manufacturers hold a share about 35%.

China is the largest market, with a share about 40%, followed by Europe, and United States, both have a share over 35 percent.

In terms of product, Cast Iron is the largest segment, with a share over 95%. And in terms of application, the largest application is Passenger Car, followed by Commercial Vehicle, Motorcycles and Scooters, etc.

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

Market Segmentation:

Segmentation by type

Cast Iron

CMC

Segmentation by application

Passenger Car

Commercial Vehicle

Motorcycles and Scooters

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.

Brembo

Winhere

Aisin Seiki

Kiriu

Bocsh

ZF TRW

Continental

TEXTAR

Accuride Gunite

Lpr Break

AC delco

EBC Brakes

Remsa

Key Questions Addressed in this Report

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

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

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

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

How does Brake Disc 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.