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The automotive carbon ceramic brake rotors market size is forecast to increase by USD 252.8 million at a CAGR of 12.62% between 2023 and 2028. The growth of the market relies on several factors, including the performance and fuel efficiency benefits of carbon ceramic brake pads, OEMs offering advanced braking systems as product differentiators to attract more customers, and regulations restricting brake dust formation. Carbon ceramic brake pads offer superior performance, durability, and reduced weight, enhancing vehicle efficiency and safety. OEMs differentiate their products by incorporating advanced braking systems, such as regenerative braking and brake-by-wire technology, to meet consumer demand for enhanced safety features and performance. Additionally, regulations aimed at reducing brake dust formation address environmental concerns and drive the adoption of cleaner braking technologies.
It also includes an in-depth analysis of market trends and analysis, market growth analysis and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
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The market thrives on the demand for high-performance materials that offer superior characteristics such as durability, heat resistance, and wear resistance. Utilizing advanced materials like carbon ceramic, manufacturers ensure optimal performance in demanding applications such as aerospace braking and motorsport technology. With aluminum and steel being the traditional choices, the industry witnesses a gradual shift towards aluminium composite solutions due to their enhanced corrosion resistance and thermal performance. As the automotive sector increasingly prioritizes safety and performance, the adoption rate of carbon ceramic brake rotors continues to rise, driven by their reliability and resistance to brake fade. Whether in drag racing or everyday driving, consumers are drawn to these innovative braking solutions that offer unparalleled reliability and performance.Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The performance and fuel efficiency benefits of carbon ceramic brake pads is the key factor driving the growth of the market. Automotive braking systems are one of the areas that are rapidly developing to increase the performance of braking systems. Common organic compounds and other metals have been used for many years in automotive brake pads. However, with the emergence of efficiency of technologies, automakers have integrated performance-enhancing systems into their vehicles.
Moreover, the lightweight composite structure of carbon ceramic brake rotors or pads allows for a weight reduction of up to 65% compared to conventional brake calipers. Composite ceramic rotors, with enhanced braking performance, improve the vehicle's handling and driving characteristics. These braking systems are an integral part of high-performance vehicles due to their dustproof and non-corrosive properties. Hence, these factors are expected to drive the growth of the market during the forecast period.
The development of high-performance braking systems based on adaptive braking systems is the primary trend in the market. Many major auto manufacturers have developed advanced energy-saving braking technologies, leading to the production of efficient braking systems. For example, Mercedes-AMG, the high-performance division of Mercedes-Benz, announced the development of a high-performance braking system based on an adaptive braking system.
Furthermore, the development of such high-performance braking systems will form the basis for future automotive braking systems. Therefore, such factors are expected to grow the demand, which will drive market growth during the forecast period.
The relatively high cost of ownership and incompatibility for everyday driving is a challenge that affects the growth of the market. The penetration is increasing in the modern automotive industry due to their functional advantages, especially in high-performance vehicles. These performance-enhancing systems are slowly making their way into the consumer market, where automakers offer them as standard or optional equipment on cars. However, the existence of certain restrictions has hindered their large-scale market penetration.
Additionally, these don't work as well in the cold and require optimal temperatures to operate effectively. They take time to start working effectively, making them less suitable for everyday driving. Furthermore, because carbon ceramic brake calipers need time to warm up and reach a certain minimum temperature, they create strange noises in addition to poor braking feel when driving at low speeds. Therefore, these factors are expected to impede the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.
Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AISIN CORP.: The company offers automotive carbon ceramic brake rotors such as ultra premium break pads, disc break rotors, and break master cylinders.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The passenger cars segment is estimated to witness significant growth during the forecast period. Carbon-ceramic brake rotors are made from advanced materials such as carbon fiber-reinforced ceramic matrix composites that provide superior braking performance, longevity, and reduced weight compared to conventional cast-iron brake rotors. These advantages have made them increasingly popular among high-performance and luxury passenger car manufacturers.
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The passenger cars segment was the largest segment and was valued at USD 176.60 million in 2018. Carbon-ceramic brake rotors provide the power needed to handle the vehicle's immense power and speed. These rotors provide consistent, fade-free braking, permitting the driver to push the vehicle's limits while maintaining control and safety. Additionally, lightweight carbon ceramic rotors enhance fuel efficiency, thereby reducing the carbon footprint of passenger cars equipped with these brakes. Therefore, these factors are expected to increase the demand for passenger cars, which will propel the growth of the passenger cars segment in the market during the forecast period.
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Europe is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The region has seen notable growth in this sector owing to various factors such as technological advancements, growing demand for high-performance vehicles, and stringent regulations favoring reduction of carbon emissions.
In addition, strict regulations and environmental policies in Europe have played an important role in the adoption of carbon ceramic brake rotors. The European Union (EU) has enforced strict emissions standards, encouraging automakers to invest in technologies that lower carbon emissions. Carbon-ceramic brake rotors, with their ability to reduce vehicle weight and improve fuel efficiency, are fully compliant with these regulations. Therefore, these factors are expected to increase the adoption of automotive carbon ceramic brake discs, which will drive the growth of the regional automotive carbon ceramic brake discs market during the forecast period.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
Automotive Brake Pad Market: Automotive Brake Pad Market by Type, Vehicle Type and Geography - Forecast and Analysis
Ceramic Matrix Composites (CMC) Market: Ceramic Matrix Composites (CMC) Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, Canada, China, Germany, UK - Size and Forecast
Automotive Brake Fluid Market: Automotive Brake Fluid Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, Japan, India, Germany - Size and Forecast
The market is driven by the need for high-performance materials that include resin, powders, and fibers to produce superior brakes rotors. F1 manufacturers and motorsports vehicles prefer composite carbon for its exceptional heat dissipation and thermal conductivity. Consumer preferences are shifting towards aluminum brakes and carbon ceramic rotors due to their excellent mechanical properties.
Furthermore, the market sees increased integration in sports cars, racing cars, and utility vehicles. Production norms and system integration are crucial for meeting automotive manufacturers' standards. With economic growth and microeconomic factors influencing decision-makers, investors look for low-hanging fruits in this evolving market. Heat dissipation, maximum braking, and the use of shortfiber discs and longfiber discs ensure optimal performance, appealing to a wide range of applications from everyday vehicles to high-performance motorsports. The integration of highperformance material in the construction of transportation systems has been enhanced by advanced automation and data analysis, particularly focusing on optimizing fiber state type for improved transportation capabilities.
Market Scope |
|
Report Coverage |
Details |
Page number |
167 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 12.62% |
Market growth 2024-2028 |
USD 252.8 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
10.95 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
Europe at 39% |
Key countries |
US, Germany, UK, Italy, and China |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
AISIN CORP., Akebono Brake Industry Co. Ltd., Alcon Components Ltd., Baer Inc., Brembo Spa, Burg Germany GmbH, Carbon Revolution Public Ltd. Co., Centric Parts, DACC Carbon Co. Ltd., DIXCEL Co. Ltd., EBC Brakes, Laizhou Santa Brake Co. Ltd., Midland Brakes Ltd., Performance Friction Corp., Rotora, SGL Carbon SE, Shenzhen LeMyth Technology Co. Ltd., Surface Transforms Plc, TEI Racing, and Wilwood Engineering Inc. |
Market dynamics |
Parent market analysis, Market forecast, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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