Global Automotive Disc Brake Market 2017-2021

Overview of the global automotive disc brake market

Market research analysts at Technavio predict that the global automotive disc brake market will grow steadily during the next four years and post a CAGR of over 4% by 2021. This market research analysis identifies the rise in government regulations on stopping distance requirement in the developed countries such as the US as one of the primary growth factors for this market. With the focus to reduce fatalities and less damage to the property, the National Highway Traffic Safety Administration (NHTSA) has already proposed a legislation to reduce the minimum stopping distance requirement by 20%-30%, especially in the passenger cars.

One of the latest trends that will gain traction in the automotive disc brake market in the coming years is the rising adoption of carbon ceramic brake pads. Due to their composite and lightweight structure, the carbon ceramic brake pads help in weight reduction of up to 65% when compared to the conventional brake calipers. The ceramic brake pads with their enhanced braking performance result in improved handling and driving characteristics of the vehicle. Ceramic brake pads also help in reducing the level of friction in wheels and improves the overall fuel efficiency of vehicles. Additionally, these brake pads offer functional advantages such as lower NVH (noise, vibration, and harshness levels) with improved stopping power in both dry and wet conditions.

Competitive landscape and key vendors

Due to the presence of several vendors, this market appears to be highly competitive. One of the major manufacturers Bosch, operates its business in about 60 countries across the world with the help of 440 subsidiaries. Bosch also has partnerships for sales and distribution in 150 countries. The firm operates its business in automotive mobility solutions, industrial technology, consumer goods, and energy and building technology. The mobility solutions segment comprises of injection technology for internal-combustion engines, powertrain business, systems for driving safely, and technology for infotainment systems.

The leading vendors in the market are -

• Bosch
• Aisin Seiki
• Continental
• Brembo

Segmentation by application and analysis of the automotive disc brake market

• Passenger cars
• Light commercial vehicle (LCVs)
• Medium and heavy commercial vehicle (M&HCVs)

With the growing population, the passenger cars market is witnessing a significant increase in demand, especially from the countries in the APAC. Since most passenger cars are equipped with disc brakes in either the front wheels or the rear wheels, this rise in demand for passenger cars will be a major factor fueling the growth of the automotive disc brake market. According to this market research study, the passenger car segment accounted for the major shares and dominated this market during 2016.

Geographical segmentation and analysis of the automotive disc brake market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. The growing demand for safety regulations resulted in an increased demand for better technologies in the braking system. Also, with the introduction of stringent minimum stopping distance laws, there is an increase in the growth of the automotive disc brake market in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive disc brake market?
• What are the key market trends impacting the growth of the global automotive disc brake market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive disc brake market?
• What are the market opportunities and threats faced by the vendors in the global automotive disc brake market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive disc brake market? 

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