.jpg)
The new report by Expert Market Research titled, ‘Global Automotive Brake Caliper Market Size, Report and Forecast 2022-2027’, gives an in-depth analysis of the global automotive brake caliper market, assessing the market based on its segments like vehicle types, caliper type, piston material type, end-user type, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/automotive-brake-caliper-market/requestsample
The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 70%
The global automotive brake caliper market is being driven by the increasing consumer spending on automobile maintenance, increasing sales of commercial and passenger cars, and rising disposable income. The thriving public transport sector in the emerging economies is likely to catapult the demand for pickup cars and taxis, thereby, aiding the global automotive brake capiler market. Moreover, the growing demand for fixed capliers owing to the ability of the material to reduce the weight of the automobile is also expected to aid the market growth. In terms of region, North America accounts for a significant share in the market owing to the presence of advanced automotive infrastructure in the region and stringent government regulations against noise pollution.
Industry Definition and Major Segments
Automotive brake caliper refers to a part of the disk brake system which helps an automobile to stop. The brake caliper is fixed on a wheel’s rotor like a clasp and stops the wheel from turning when the driver presses the brakes. A pair of metal plates is installed inside each capiler, and these metal plates are known as brake pads, which reduce the friction thereby, eliminating the screeching sound.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/automotive-brake-caliper-market
On the basis of vehicle type, the market has been segmented into:
- Passenger Cars
- Commercial Vehicles
- Two-Wheelers
Based on caliper type, the market has been classified into:
- Fixed
- Floating/Sliding
By material type, the market has been divided into:
- Aluminium
- Steel
- Titanium
- Phenolics
The market can be broadly categorised on the basis of end-user into:
- OEM
- Aftermarket
The regional markets for automotive brake caliper include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The rapid innovations, technological advancements, and increasing investments by the key market players to enhance the braking system of automobiles are anticipated to be the key trends in the market. Meanwhile, the emergence of advanced manufacturing technologies such as additive manufacturing and 3D printing are likely to boost the demand for the product in the forecast period. Moreover, the favourable government policies aimed towards bolstering the safety of the passengers is anticipated to provide impetus to the market in the forecast period.
Key Market Players
The major players in the market are ZF Friedrichshafen AG, Akebono Brake Industry Co., Ltd., Continental AG, Centric Parts, and Brembo S.p.A., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Global Automotive Wheel Rims Market : https://www.expertmarketresearch.com/reports/automotive-wheel-rims-market
Global Water Heater Market : https://www.expertmarketresearch.com/reports/water-heater-market
Global Microwave Oven Market : https://www.expertmarketresearch.com/reports/microwave-oven-market
Global Low Density Ceramic Proppant Market : https://www.expertmarketresearch.com/reports/low-density-ceramic-proppant-market
Global Geriatric Care Services Market : https://www.expertmarketresearch.com/reports/geriatric-care-services-market
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact:
Company Name: Claight Corporation
Contact Person: Shira Ellis, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
LinkedIn:- https://www.linkedin.com/company/expert-market-research
