Automotive Brake Caliper Market Size

Statistics for the 2023 & 2024 Automotive Brake Caliper market size, created by Mordor Intelligence™ Industry Reports. Automotive Brake Caliper size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Automotive Brake Caliper Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Automotive Brake Caliper Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 9.97 Billion
Market Size (2029) USD 13.5 Billion
CAGR (2024 - 2029) > 3.80 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific

Major Players

Automotive Brake Caliper Market Major Players

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Automotive Brake Caliper Market Analysis

The Automotive Brake Caliper Market size is estimated at USD 9.97 billion in 2024, and is expected to reach USD 13.5 billion by 2029, growing at a CAGR of greater than 3.80% during the forecast period (2024-2029).

The demand for the automotive brake caliper market 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 anticipated to boost the market's growth during the forecast period.

Considering the scenario, brake caliper manufacturers are adopting advanced technologies. In June 2023, Continental developed a brake caliper that reduces brake dust and meets 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 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, the National Highway Safety Administration proposed a new Federal Motor Vehicle Safety Standard. It directs that light vehicles should require automatic emergency braking (AEB) systems, including pedestrian AEB (PAEB).

The FMVSS standards are designed to ensure that new vehicles can stop within a certain distance, which is 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.

The Euro 7 emission standards, set to take effect in July 2025, are described as the most stringent regulations, extending beyond traditional tailpipe emissions to encompass electric vehicles (EVs). Reports indicate that these upcoming regulations will, for the first time, govern the quantity of brake dust produced and the release of microplastics from tire wear.

As consumers are gaining awareness about advanced safety features and technologies, companies are also focusing on manufacturing vehicles with advanced safety systems. This factor may boost the market's growth during the forecast period.

Automotive Brake Caliper Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)