Automotive Disc Brake Market Size, Share 2023-2029
Disc Brake is a type of brake that uses calipers to squeeze pairs of pads against a disc in order to create friction that retards the rotation of a shaft, such as a vehicle axle, either to reduce its rotational speed or to hold it stationary. Hydraulic disc brakes are the most commonly used form of brake for motor vehicles but the principles of a disc brake are applicable to almost any rotating shaft.
The Disc Brake is usually made of cast iron, steel and aluminum, but in some cases may be made of composites such as reinforced carbon?carbon or ceramic matrix composites.
This report aims to provide a comprehensive presentation of the global market for Automotive Disc Brake, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Disc Brake. This report contains market size and forecasts of Automotive Disc Brake in global, including the following market information:
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Global top five Automotive Disc Brake companies in 2022 (%)
The global Automotive Disc Brake market was valued at US$ 14570 million in 2022 and is projected to reach US$ 17650 million by 2029, at a CAGR of 2.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive Disc Brake key players include ZF TRW, Continental, Akebono Brake, APG, CBI, etc. Global top five manufacturers hold a share over 35%.
EU is the largest market, with a share over 25%, followed by China and North America, both have a share over 40%.
In terms of product, Opposed Piston Type is the largest segment, with a share over 80%. And in terms of application, the largest application is Sedan, followed by SUV & Pickup Truck, etc.
We surveyed the Automotive Disc Brake manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
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Total Market by Segment:
Global Automotive Disc Brake Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Disc Brake Market Segment Percentages, by Type, 2022 (%)
Global Automotive Disc Brake Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Disc Brake Market Segment Percentages, by Application, 2022 (%)
Global Automotive Disc Brake Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Disc Brake Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
key players include:
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