Automotive Brake Calipers Market: Introduction
One of the most crucial components of any car is its brake system; if there are any flaws or failures, it could put the lives of the driver, passengers, and pedestrians in danger as well as result in serious financial damage to the car. To ensure vehicle and road safety, this system needs to be regularly inspected and well-maintained.
Brake callipers are probably one of the constituent parts of the automotive braking system and one of the most crucial parts for safely stopping the car at the appropriate time. Disc brakes are a common feature of modern cars for excellent braking. Disc brakes are connected, at least for the front wheels, but many cars and trucks now have disc brakes on all four wheels.
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The wheels of the vehicle are attached to the metal disc or rotor, which is rotating with the wheels, in a disc brake assembly. By exerting friction on the vehicle’s rotors, brake callipers work to slow and eventually stop the wheels of the vehicle. The vehicle’s rotor is covered by the brake callipers, which are mounted like a clamp.
Dynamics
The automotive brake calipers market has a lot of scope in the research, development, and innovation department, as new approaches and technologies are being discovered for the manufacturing of upright and reliable braking parts and components, which can be mounted with perfection in an automobile.
Some key automotive market players, such as BMW, Toyota, Honda, Mercedes, Nissan, etc. are aspiring to offer best braking systems in their respective automobiles to effectively stop the vehicle in minimum time and without any jerks and shocks to the driver.
Additionally, new manufacturing technologies, such as 3D printing or additive manufacturing have empowered manufacturers to produce complex parts and components with ease and relatively less time. Also, the market for automotive brake calipers has increased due to development and growth in the overall automotive sector, as consumers are more attracted towards safety and riding comfort.
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Segmentation
By product
- Floating Brake Calipers
- Fixed Brake Calipers
By sales channels
- Original Equipment Manufacturers
- Independent Suppliers
By motorcycle
- Two Wheelers
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
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Regional Outlook
The automotive brake calipers market can be divided into seven different geographical regions/divisions: North America, Latin America, Western and Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan, and Middle East and Africa. North America and Europe have a high standard of living with luxurious lifestyles and high disposable incomes, this has led to the growth of automotive brake calipers in the respective regions.
Brake pads and calipers, which are essential for safe driving have a good replacement rate in automobiles, thus the automotive brake calipers market is expected witness rapid growth in near future. Emerging economies in the APEJ region, especially India and China, will play an important role in the growth of the automotive brake calipers market in the coming future. In countries such as India and China, automobiles are considered as a basic mode of transportation and hence, there is humungous growth potential for the automotive brake calipers market in the near future.
Market Participants
- TRW Automotive
- Automotive Brake Engineering (ABE)
- Continental AG
- Brakes International
- Brembo S.p.A.
- Akebono Brake Corporation.
- Centric Parts
- Wilwood Engineering, Inc.
- EBC Brakes.
- Apec Braking
- ATL Industries.
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The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America
- Latin America
- Asia Pacific
- Japan
- Western Europe
- Eastern Europe
- Middle East & Africa
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