Automotive Brake Calipers Market from PCV will account for highest revenue share of over 60% by 2024

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Automotive Brake Calipers Market Trends, Growth
Forecast, 2017 - 2024
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Key Insights from Automotive Brake Calipers
Market

• Fixed calipers are likely to acquire maximum
  volume share of over 85 by the end of 2024.
  Extensive usage of these calipers in high speed
  vehicles owing to provision of the benefits such
  as instant stopping of vehicle and rigid mounting
  will support the industry dominance.
• Floating calipers are expected to grow
  significantly owing to cost effectiveness as
  compared to the counterpart. Easy manufacturing
  is another factor responsible for the growth of
  automotive brake calipers market from floating
  calipers.
• Automotive brake calipers market from PCV will
  account for highest revenue share of over 60
  over the forecast timeframe. Substantial
  automobile production across the globe will
  primarily contribute to the high revenue
  generation.
• Automotive brake calipers market from OEM will
  dominate the industry share owing to their
  mandatory installation in the vehicles.
  Substantial automobile production across the
  globe has resulted in increased foreign direct
  investments, especially in the developing
  countries will further support the industry
  dominance.

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Continued...

• Aftermarket will grow rapidly, witnessing over 3
  CAGR from 2017 to 2024 owing to cost effective
  nature of the products as compared to the
  counterpart. Development of multi-piston calipers
  offering enhanced operations will further propel
  the industry growth.
• Mandatory installation of brake calipers across
  all vehicle segments owing to the stringent
  regulations regarding vehicle safety will
  primarily drive the industry growth over the
  forecast timeframe. They offer higher
  self-adjustment as compared to conventional
  systems, resulting in efficient functionality and
  instant stopping of the vehicle.

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U.S. Automotive Brake Caliper Market, By Vehicle,
2016 2024, (Million Units)

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Major Companies in Automotive Brake Calipers
Market

• Continental
• ZF Friedrichshafen
• Apec Braking
• ACDelco
• Brembo
• Akebono
• Mando
• Robert Bosch
• Budweg

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Industry Coverage

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Regional Insights in Automotive Brake Calipers
Market

• Asia Pacific automotive brake calipers market
  will grow rapidly at over 3 CAGR from 2017 to
  2024. Superior manufacturing facilities along
  with substantial vehicle production across the
  region will primarily support the regional
  growth. High demand from countries including
  China, India, and South Korea will further
  escalate the revenue generation.
• North America accounted for over USD 4.5 billion
  in 2016 and will grow significantly over the
  forecast timeframe. Product offering via online
  channels coupled with increasing sales of LCVs
  across the region will strengthen the industry
  penetration in the region. Rising adoption of
  disc brakes in PCVs will further foster the
  regional growth till 2024.

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