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(I-AutoNewsWire.com, December 18, 2019 ) Automotive Disc Brake Market Overview
The Global Automotive Disc Brake Market is growing with a CAGR of under 4 % during the forecast period (2019-2026).
Most modern vehicles use a brake system comprised of disc brakes. They are called such because they use force applied upon discs attached to the wheels to slow or stop a car. Compared to drum brakes, disc brakes provide greater stopping power and dont overheat as quickly under heavy use. Disc brakes also dont require much maintenance as drum brakes.
The adoption air disc brakes will be the most significant trend in the disc brake market for next few years.
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Automotive Disc Brake Market Dynamics
Reduced Stopping Distance (RSD) mandate by National Highway Traffic Safety Administration (NHTSA) is driving the growth of the disc brake market globally.
The increase in automotive sales and increasing adoption of disc brakes in commercial vehicles and motorcycles is going to drive the market.
The disc brakes are replacing drum brakes due to better performance. Market share of disc brakes is going to increase at the expense of drum brakes.
Disc brakes require higher braking force than drum brakes. Disc brakes are much more prone to noise. Disc brakes need separate hand-brake mechanism when fitted to rear wheels.
Disc in disc brakes is generally made of grey iron or sometimes carbon-ceramic. The weight of the drive can be a disadvantage. Lightweight disc brakes are very expensive, which is a significant restraint for the market.
Market Segmentation Automotive Disc Brake
Automotive Disc Brake Market is segmented by caliper type, by application, and by region.
By type, the market is segmented into fixed, floating and sliding.
Mechanical disc brakes generally consist of cable pull system. They are cheaper, easier to install, lighter in weight and require less complicated maintenance. But they are less effective than hydraulic disc brakes.
Hydraulic brakes are more effective but also expensive. However, leakage in hydraulic disc brakes can cause complete failure.
By Vehicle type, the market is segmented into Passenger vehicles, commercial vehicles, and 2-wheelers. Bikes and passenger cars have been using disc brakes for many years. Commercial cars have traditionally used drum brakes.
In last few years, Air disc brakes are becoming very popular in the commercial vehicles segment. This trend is expected to continue in the future.
Automotive Disc Brake Industry Geographical Share
By region, the market is segmented into North America, South America, Europe, Asia-pacific and rest of the world.
Asia-pacific is the biggest market due to massive automobile production.
Europe is the second biggest market. Regulatory standards in each country regarding road safety affect disc brake market. Growth in North America is driven by safety initiatives by governments. Growth in Asia is majorly driven by an increase in automotive sales.
Competitive Landscape Automotive Disc Brake Industry
Some of the major players in the Disc brake market are EBC Brakes, Continental, Aisin Seiki, Brembo, Robert Bosch, Nissin Kogyo, TRW Automotive, Haldex and other.
Key market segments covered
By Caliper Type
By Vehicle Type
Rest of the World
The scope of the Report
The report covers the key factors impacting the market, Porter 5 Forces, Product Benchmarking, and company profiles. Global Automotive Disc brake Market is segmented by caliper Type (Fixed, Floating and slider) and by vehicle type (Passenger, commercial vehicles and 2 wheelers). Based on geography the market is segmented into North America, South America, Europe, Asia Pacific and Rest of the world.
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