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Brake calipers are an important part of a vehicle's braking system. Its function is to slow the wheels of the car by producing friction with the brake rotors. When you use the brakes, the brake caliper fits like a clamp on the rotor of the wheel, preventing it from rotating. They squeeze the brake pads against the surface of the brake rotor to slow or stop the vehicle. They slow the vehicle's wheels down by producing friction with the brake rotors.
Automotive Brake Caliper Market Report Scope and Research Methodology:
The report provides a comprehensive assessment of the market, including main stakeholders in the Automotive Brake Caliper industry. The market’s volume, revenue, production and sales have also been included in the Automotive Brake Caliper market report in detail. It clearly shows the historical and current status of the market with the forecasted trends and Automotive Brake Caliper market size. To understand consumer behaviour in its entirety, the report employed several research methodologies including interviews, surveys, etc.
SMR’s report is the result of the several methodologies used for the study which are PORTER, PESTLE and SWOT analysis along with the bottom-up approach to estimate the Automotive Brake Caliper market size. The study used these methods to shed light on the key financial considerations that Automotive Brake Caliper key players must focus on when identifying competition and developing market strategies.
Automotive Brake Caliper Market Overview:
Stellar Market Research has published an intelligence report entitled Automotive Brake Caliper Market, which includes Manufacturers, Regions, Types, Applications, Segments and Forecast to 2029. The report covers the analysis of insights in view of the Automotive Brake Caliper market along with its ever-changing patterns, industry environment and all dominant aspects of the market.
Automotive Brake Caliper Market Size is expected to grow at a CAGR of 3.5% during the forecast period. The Automotive Brake Caliper Market is expected to reach US$ 10.18 Bn. in 2027 from US$ 8.28 Bn. in 2021.
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Automotive Brake Caliper Market Segmentation:
Depending on the product, The automotive brake caliper market is divided into two categories: fixed and floating. Fixed calipers have pistons on both sides of the rotor and are non-moving. These calipers are more expensive than floating calipers yet give better performance. High-performance fixed calipers often have two or more sets of pistons (or pots) on each face of the rotor; some can have up to six sets in total. One or two pistons move forward and outward to the rotor in floating calipers. When you apply the brakes, the piston drives the entire caliper, creating friction between the brake pads on both sides of the rotor.
The automobile brake caliper market is classified into two segments based on end-user: OEM and aftermarket. The OEM user segment controlled the automotive brake caliper market in 2021 because to rising demand for air disc brakes in automobiles. Rising demand from zero-emission vehicle manufacturers, as well as a growing desire for safe and high-performance autos, may propel the Automotive Brake Caliper market even further.
The Automotive Brake Caliper market is segmented into four segments based on vehicle type: passenger cars, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and two-wheelers. Since calipers reduce on-track operating temperature, thereby enhancing braking system performance, the passenger car vehicle sector accounted for a substantial percentage of the market in 2021. During the forecast period, the category is likely to maintain its lead in the automotive brake caliper market.
The market for car brake calipers for PCV vehicle types is predicted to grow rapidly, reaching more than US$ 2.0 billion by the end of 2027. The Automotive brake caliper for HCV vehicle market is increasing at a slower rate than other automotive brake caliper vehicle categories.
Automotive Brake Caliper Market Key Players:
Akebono Brake Industry Co (Japan)
LTD (Japan)
Aisin Seiki Co. (Japan)
Continental AG (Germany)
WABCO (US)
ZF Friedrichshafen AG (Germany)
Brembo S p.a. (Italy)
Mando Corporation (Korea)
ACDelco (US)
Chassis Brakes International (India)
Apec Braking (UK)
Remy Automotive (Belgium)
Robert Bosch (Germany)
ATL Industries (Canada)
AbeBrakes (UK)
Centric parts (US)
Automotive Brake Caliper Market Regional Insights:
The Automotive Brake Caliper market report includes a detailed analysis of market size, dynamics and market share in regions: North America, Europe, Asia Pacific, South America and Middle East and Africa.
Key Questions answered in the Automotive Brake Caliper Market Report are:
Key Offerings:
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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