Automotive Disc Brakes: Market Forecast & Analysis
The global automotive disc brake market is projected to grow at a compound annual growth rate (CAGR) of 11.66% during the forecast period from 2024 to 2031.
An automotive disc brake is a type of braking system used in vehicles to slow down or stop the wheels by applying friction. It consists of a disc (or rotor) that is attached to the wheel hub and a caliper that holds the brake pads. When the brake pedal is pressed, hydraulic fluid pushes the caliper, causing the brake pads to clamp down on the rotating disc. This creates friction, which slows down the wheel and, consequently, the vehicle. Disc brakes are known for their efficient heat dissipation, consistent braking performance, and durability, making them a popular choice in modern automotive braking systems.
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Automotive Disc Brake Market Dynamics
The growth of the global disc brake market is significantly influenced by the Reduced Stopping Distance (RSD) mandate from the National Highway Traffic Safety Administration (NHTSA). Increasing automotive sales, along with the rising adoption of disc brakes in commercial vehicles and motorcycles, are also driving market expansion.
Disc brakes are increasingly replacing drum brakes due to their superior performance, leading to a shift in market share. While disc brakes offer enhanced braking force and performance, they are more susceptible to noise and require a separate hand-brake mechanism when installed on rear wheels.
Typically made from grey iron or carbon ceramic, disc brakes can be heavier compared to drum brakes. The high cost of lightweight disc brakes poses a challenge for the market, as they are often more expensive.
Market Segmentation:
By Caliper Type:
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Fixed
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Floating
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Sliding
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Others
By Vehicle Type:
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Passenger cars
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Commercial Vehicles
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2-Wheelers
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Key Players:
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EBC Brakes
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Continental AG
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Hyundai Mobis
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Brembo
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Federal-Mogul
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Aisin Seiki Co Ltd
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Robert Bosch GmbH
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Nissin Kogyo
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TRW Automotive
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Haldex
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