Automotive Disc Brake Segmentation
Vehicle (Two-wheeler, Passenger Car, HCV); Material (Cast Iron, Aluminum, Stainless Steel)
The passenger car segment is predicted to dominate the market share over the projected time frame. The segment growth can be attributed to 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 floating brake segment is expected to garner significant share by 2037. 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.
Our in-depth analysis of the global market includes the following segments:
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By Vehicle |
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By Material |
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By Brake Type |
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