Automotive Brake Caliper Market Size
| Study Period | 2019-2029 |
| Market Size (2024) | USD 9.73 Billion |
| Market Size (2029) | USD 11.38 Billion |
| CAGR (2024 - 2029) | > 3.50 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Automotive Brake Caliper Market Analysis
The Automotive Brake Caliper Market size is estimated at USD 9.73 billion in 2024, and is expected to reach USD 11.38 billion by 2029, growing at a CAGR of greater than 3.5% during the forecast period (2024-2029).
Over the long term, the demand is mainly attributed to increasing concerns toward vehicle safety, growing adoption of disc brakes in vehicles over drum brakes, governments' vehicle safety norms, and growth in global vehicle production. These factors are also anticipated to boost the market's growth during the forecast period.
Considering the scenario, brake caliper manufactuers are adoptiong the advance technologies as, in June 2023, Continental develops brake caliper that reduces brake dust and and meet the brake dust regulations as Euro 7 emission regulations are scheduled to come into effect from July 2025.
Selecting the correct replacement brake linings is an important component in the overall safety of the vehicle. The gradual shift toward lightweight and composite materials to produce lighter vehicles for electric and hybrid vehicles and develop advanced braking systems for upcoming vehicles are expected to boost the market's growth. Government regulations and standards have mainly contributed toward the adoption of brake calipers in vehicle safety modules
In June 2023, National Highway Safety Administration proposes to adopt a new Federal Motor Vehicle Safety Standard to require automatic emergency braking (AEB), including pedestrian AEB (PAEB), systems on light vehicles.
The FMVSS standards are designed to assure that new vehicles can stop within a certain distance, which is deemed necessary for safe driving. Currently, FMVSS 135 and 126 standards are applied to new cars and most vehicles on the road. Compared to the earlier FMVSS 105 standard, FMVSS 135 requires ~25% reduction in pedal effort for the same stopping distance.
As consumers are gaining awareness about the advanced safety features and technologies, companies are also focusing on manufacturing of vehicles with advance safety systems. This factor may boost the market's growth during the forecast period.
Automotive Brake Caliper Market Trends
Fixed Brake Calipers are Expected to be in High Demand
The automotive brake caliper market is driven by research, development, and innovation as new technologies are being discovered to manufacture reliable braking parts and components, which can be mounted with perfection in an automobile.
Some key players such as Honda, BMW, Toyota, Mercedes-Benz, and Nissan aspire to offer the best braking systems to help vehicles stop at minimum distance and time without any jerks and shocks to the passenger inside. 3-D printing and additive manufacturing have allowed manufacturers to produce complex parts and components. Growth in adventure sports and racing is expected to fuel the growth of the brake caliper market.
Fixed brake calipers are expected to be in high demand as they offer the advantage of residual torque and weight reduction to the vehicles. The growing need for high-performance and low-carbon-emitting vehicles will fuel the need for fixed brake calipers. High pressure die casting process is likely to gain significant momentum in the industry as it is extensively used in making steel calipers.
With the growing automotive demand, brake caliper manufacturers are wokring to offer new offerings and technologies in the market as in November 2022, new brake design from Continental for disc brakes, is significantly lighter than previous designs and has a lower residual brake torque.
Thus, above factors will have positive impact on the market.
Asia-Pacific is Expected to Hold a Major Share in the Market
The Asia Pacific is expected to hold a major global passenger vehicle market share during the forecast period. The regional growth is mainly driven by the top producing automotive countries like India, China and Japan. Moreover, the growing demand for passenger vehicles in these markets is owing to the growing disposable income of the population, the rising automotive industry, the growing availability of loans and funding to purchase new vehicles, and many others.
For instance, The Indian automotive industry is dominated by passenger car sales which includes small and midsized cars. Export of the total number of automobiles increased from 4,134,047 in 2020-21 to 5,617,246 in 2021-22, registering a exponential growth of 35.9%.
Automotive brake calipers play a important role in vehicles as it is a complex arrangement of components whose sole objective is to slow down or bring the vehicle to a complete stop.
With the above factors Asia-Pacific is expected to hold largest market share in automotive industry an thereby it will increase the demand for the Automotive Brake Caliper Market.
Automotive Brake Caliper Industry Overview
The Automotive Brake Caliper market is consolidated and led by globally and regionally established players.The companies adopt strategies such as new product launches, collaborations, mergers to sustain its market positions. For instance,
In July 2022, AOrbis Brakes introduces new braking technology developed in partnership with NASA.
Some of the major players in the market include, Continental AG, Automotive Brake Engineering (ABE), Robert Bosch GmbH, ZF Friedrichshafen AG.
Automotive Brake Caliper Market Leaders
Continental AG
Automotive Brake Engineering (ABE)
Robert Bosch GmbH
ZF Friedrichshafen AG
Brembo SpA
*Disclaimer: Major Players sorted in no particular order
Automotive Brake Caliper Market News
- In November 2023, Neotech Revolutionizes Automotive Performance with Launch of Advanced 6 Piston Brake Caliper at SEMA 2023
- In April 2022, Brembo has been named the primary supplier of full brake calliper assemblies for Faraday Future Intelligent Electric Inc.'s ("FF") ultimate intelligent techluxury FF 91 EV. The FF 91 will receive a specialised calliper assembly from Brembo. Assembly, pistons, callipers, and pads, as well as the electronic parking brake, are all included.
- In May 2022, Cadillac has revealed the 2023 Escalade-V, the industry's most powerful full-size SUV. The Escalade V-Series features six-piston Brembo front brakes, Edge Red brake callipers, Magnetic Ride Control 4.0, and Air Ride Adaptive Suspension as standard.
Automotive Brake Caliper Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.1.1 Increasing Concerns towards Vehicle Safety
4.2 Market Restraints
4.2.1 Development of efficient and cost-effective braking alternative to disc brake
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Vehicle Type
5.1.1 Passenger Cars
5.1.2 Commercial Vehicles
5.1.3 Two-wheelers
5.2 By Caliper Type
5.2.1 Fixed
5.2.2 Floating/Sliding
5.3 By Piston Material Type
5.3.1 Aluminum
5.3.2 Steel
5.3.3 Titanium
5.3.4 Phenolics
5.4 By End User
5.4.1 OEM
5.4.2 Aftermarket
5.5 By Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Rest of North America
5.5.2 Europe
5.5.2.1 Germany
5.5.2.2 United Kingdom
5.5.2.3 France
5.5.2.4 Rest of Europe
5.5.3 Asia-Pacific
5.5.3.1 India
5.5.3.2 China
5.5.3.3 Japan
5.5.3.4 South Korea
5.5.3.5 Rest of Asia-Pacific
5.5.4 Rest of the World
5.5.4.1 South America
5.5.4.2 Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 ZF Friedrichshafen AG
6.2.2 Automotive Brake Engineering (ABE)
6.2.3 Continental AG
6.2.4 Brakes International
6.2.5 Brembo SpA
6.2.6 Akebono Brake Corporation
6.2.7 Centric Parts
6.2.8 Wilwood Engineering Inc.
6.2.9 EBC Brakes
6.2.10 Apec Braking
6.2.11 ATL Industries
6.2.12 Robert Bosch GmbH
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Automotive Brake Caliper Industry Segmentation
The scope of the automotive brake caliper market report contains the latest trends and technological developments, demand by caliper type, vehicle type, piston materials, end-user, geography, and share of major players in the market.
The Automotive Brake Caliper Market is Segmented by Vehicle Type, Caliper Type, Piston Material, End User, and Geography. By caliper type, the market is segmented into fixed and floating/sliding. By vehicle type, the market is segmented into passenger cars, commercial vehicles, and two-wheelers. By piston materials, the market is segmented into aluminum, steel, titanium, and phenolics. By end user, the market is segmented into OEM and aftermarket. By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.
For each segment, market sizing and forecast have been done on the basis of value (USD).
| By Vehicle Type | |
| Passenger Cars | |
| Commercial Vehicles | |
| Two-wheelers |
| By Caliper Type | |
| Fixed | |
| Floating/Sliding |
| By Piston Material Type | |
| Aluminum | |
| Steel | |
| Titanium | |
| Phenolics |
| By End User | |
| OEM | |
| Aftermarket |
| By Geography | |||||||
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Automotive Brake Caliper Market Research FAQs
How big is the Automotive Brake Caliper Market?
The Automotive Brake Caliper Market size is expected to reach USD 9.73 billion in 2024 and grow at a CAGR of greater than 3.5% to reach USD 11.38 billion by 2029.
What is the current Automotive Brake Caliper Market size?
In 2024, the Automotive Brake Caliper Market size is expected to reach USD 9.73 billion.
Who are the key players in Automotive Brake Caliper Market?
Continental AG, Automotive Brake Engineering (ABE), Robert Bosch GmbH, ZF Friedrichshafen AG and Brembo SpA are the major companies operating in the Automotive Brake Caliper Market.
Which is the fastest growing region in Automotive Brake Caliper Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Automotive Brake Caliper Market?
In 2024, the Asia-Pacific accounts for the largest market share in Automotive Brake Caliper Market.
What years does this Automotive Brake Caliper Market cover, and what was the market size in 2023?
In 2023, the Automotive Brake Caliper Market size was estimated at USD 9.39 billion. The report covers the Automotive Brake Caliper Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Brake Caliper Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Automotive Brake Caliper Industry Report
Statistics for the 2024 Automotive Brake Caliper market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Automotive Brake Caliper analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
