Automotive Brake Calipers Market Size to cross $27bn by 2026

Automotive Brake Calipers Market size is poised to surpass USD 27 billion by 2026; according to a new research report by Global Market Insights, Inc.
 

Proliferating automobile manufacturing and research activities focusing on technical aspects of the brake calipers across the globe are primarily accelerating the market demand during the forecast period. Rising safety concerns along with the demand for enhanced riding comfort among the customers are projected to boost the market size. Developments in manufacturing processes together with advancements in raw materials will create a positive impact on the automotive brake calipers market revenue.

 

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Technological advancements will be a major driving factor globally

The development of advanced electric park brakes along with low drag calipers are playing a major role in improving vehicle braking performance and enhancing the overall vehicle efficiency. Additionally, the rear caliper integrated parking brakes and provides an integrated mechanical park coupled with the standard service brakes. Moreover, industry players are also focusing on remanufacturing of automotive brake calipers to offer customers a wide range of alternatives at lower costs and drive sales.
 

Browse key industry insights spread across 310 pages with 367 market data tables & 11 figures & charts from the report, “Automotive Brake Calipers Market Size By Vehicle (PCV, LCV, HCV, Two-Wheelers), By Product (Fixed, Floating/Sliding), By Piston Material (Aluminum, Steel, Titanium, Phenolics), By Manufacturing Process (High Pressure Die Casting, Gravity Die Casting), By Distribution Channel (OEM, Aftermarket), Regional Outlook, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/automotive-brake-caliper-market
 

Increased usage of vans, pickup vehicles, and other LCVs, owing to improving logistics industry and proliferation of e-commerce sectors are driving the segment share. Mandatory installation of the unit, particularly for the front wheels, by the government bodies will positively impact the product adoption rate over the projected time frame. This segment will generate more than USD 6.5 billion for the global automotive brake calipers industry in 2026.
 

Titanium products usage will be limited mostly to costly and premium cars

Titanium brake calipers will perceive a steady growth with close to 2% CAGR over the study period. Currently, titanium is rarely used for the manufacturing of pistons installed in the brake caliper owing to prohibitive cost and complexity in manufacturing process. The high product pricing largely limits the product usage for supercars.
 

Floating brake calipers will account for a little more than 10% of the worldwide automotive brake calipers market share over the projected timeframe. The floating brake caliper movement is in and out motion. This type consists of a maximum of only two pistons on the rotor’s inner side. The fixed automotive brake calipers are likely to grow with more than 3% CAGR, owing to residual torque advantages and reduced weight compared to its counterparts.
 

Gravity die casting manufacturing process will exhibit the highest growth over the projected timeframe to reach close to USD 7.5 billion in 2026. This method is used primarily for aluminum calipers owing to the benefits offered such as reduced cycle time. Moreover, the same die can be utilized in the further series production of the components. Additionally, it offers dimensional accuracy along with an enhanced finish for the brake caliper.
 

Superior safety features and stringent norms characterize European sales

Europe will showcase a steady growth in the automotive brake calipers industry share over the projected timeframe, crossing USD 7 billion mark by 2026. Stringent regulations focusing on the installation of vehicle safety features and reduction of the braking distance, especially for heavy and light commercial vehicles will essentially contribute towards regional revenue generation. Rising demand for enhanced safety features from the countries including UK, Germany, Italy, and France will further impact the industry positively. Moreover, standards regarding CO2 emissions has resulted in adoption of lightweight materials in the vehicles, strengthening the product penetration.
 

Market players are continuously investing in expanding their manufacturing facilities and entering new markets for enhancing their market presence. In 2015, Aisin Group commenced manufacturing of brake calipers in South Africa and Czech Republic. Also, in 2016, the company commenced its business with Daimler for automotive brake calipers. Few of the major industry participants include Robert Bosch, ZF Friedrichshafen, Wilwood, WABCO, AISIN Group, ACDelco, and Brembo.
 

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