Automotive Brake Calliper Market
For sale by Maximize Market Research 31 Aug 2018 7:01 pm
is estimated to reach US$ XX Mn by 2026 in terms of revenue at CAGR of XX % in the forecasting Period. Stringent regulations regarding vehicle safety has led to mandatory installation of the product in PCV, LCV, HCV and two-wheelers over the last few years. Self-adjusting of the system compared to conventional system offering efficient function and easy stopping of vehicle will drive the Automotive Brake Calliper Market share over the forecast timeframe. Consistent improvement in the safety features along with superior quality checks performed during the manufacturing will also have a positive influence towards the product penetration. Product remanufacturing trend is gaining popularity particularly among manufacturers in developed regions. This results in overall cost and carbon footprint reduction during the production. Development of lightweight aluminium products along with superior fitment matching the OE demand will enhance the Automotive Brake Calliper Market size from 2017 to 2026. Vehicle manufacturers are depending on the suppliers offering product at reduced cost along with matching the laid automotive standards. Superior competition among the producers has impacted the overall price trend of the product. Improving the overall production capacity may result in decrease in price impacting the revenue growth of the overall industry. Automotive Brake Calliper Marketis majorly segmented by the vehicle, product, distribution channel, piston material, manufacturing process and region wise. Based on vehicle segment PCV is expected to dominate the global Automotive Brake Calliper Market in 2017 owing to increasing vehicle production. For instance, in 2017, global passenger cars production was 73.46 million units witnessing growth from 72.38 million units in 2016. Rising consumer spending along with improvement in PCV sales will further fuel the industry growth. Under product segment, fixed automotive brake calliper held highest market share in 2017. Superior performance of the product over the counter part offering quick stopping of vehicle particularly for high speed applications will drive the product demand. Rigid mounting of the calliper offering superior stiffness is the key factor manifesting enhanced performance. North America held the highest market share in 2017 and is expected have higher growth rate in the forecast period. Increasing vehicle parts along with rising sales of LCV will boost the product demand in the region. Product offering through e-commerce channels will improve the product visibility as well. In addition, superior penetration of disc brakes for passenger car in the region will drive the Automotive Brake Calliper Market size over the forecast timeline. Key player across the automotive brake calliper industry are ACDelco, Akebono, Apec Braking, Brembo, Continental, Mando and ZF Friedrichshafen. Significant revenue generation the product from aftermarket has resulted in increasing focus of the manufacturers towards this business segment. Merger and acquisitions are among prime strategies adopted by the industry players. For instance, in 2015, ZF Friedrichshafen acquired TRW to improve its presence in aftermarket industry.
Automotive Brake Calliper Market-Market Scope
Automotive brake calliper Market, By Vehicle
• PCV • LCV • HCV • Two-Wheelers
Automotive brake calliper Market, By Product
• Fixed • Floating
Automotive brake calliper Market, By Distribution Channel
• OEM • Aftermarket
Automotive brake calliper Market, By Piston Material
• Aluminum • Steel • Titanium • Phenolics
Automotive brake calliper Market, By Manufacturing Process
• High Pressure Die Casting • Gravity Die Casting
Automotive brake calliper Market, By Geography
• North America • Europe • Asia-Pacific • Middle East & Africa • Latin America
Key Players operating in the market:
• ACDelco • Akebono • Apec Braking • Brembo • Continental • Mando • ZF Friedrichshafen • WABCO • Robert Bosch • Budweg • Brakes International • ATL Industries
Maximize Market Research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the current automotive brake calliper market outlook. Report encompasses the automotive brake calliper market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the automotive brake calliper market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain automotive brake calliper market positioning of competitors.
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