Vehicle (Two-wheeler, Passenger Car, HCV); Material (Cast Iron, Aluminum, Stainless Steel)
The global automotive disc brake market is segmented and analyzed for demand and supply by vehicle into two-wheeler, passenger car, HCV, and others. Out of the four types of vehicles, the passenger car segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the rising sales of passenger vehicles in the world as disc brakes are the crucial part of passenger car accessories. Almost 3 million passenger automobiles were sold in the United States, around 56 million were sold in China, and nearly 2 million were sold in Germany in 2021. Moreover, the passenger sector dominates the vehicle type category with a 70% share.
Brake Type (Fixed, Floating, Sliding Caliper)
The global automotive disc brake market is also segmented and analyzed for demand and supply by brake type into fixed, floating, and sliding caliper. Amongst these three segments, the floating brake segment is expected to garner a significant share. Owing to the floating brake type having a very straightforward and lightweight structure, which enables cheaper production costs, floating caliper disc brakes are commonly used on passenger cars. Moreover, floating motorcycle brake rotors frequently result in more reliable and consistent braking. The growth of the floating brake segment is likely to grow on the account of greatest stopping power with relatively less force.
Our in-depth analysis of the global market includes the following segments:
By Vehicle |
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By Material |
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By Brake Type |
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Author Credits: Saima Khursheed
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