Title: Automotive Brake Caliper Market during Forecast 2020-2026
1 Automotive Brake Caliper Market Size, By
Vehicle Scenario Outlook, 2020-2026
2Industry Trends Forecast Report 2027 According
to BlueWeave Consulting, the Global Automotive
Brake Caliper Market size is expected to reach
USD 18.42 billion by 2026 from USD 14 billion in
2019 and, at a CAGR of 4 during the forecast
period. The brake caliper is an essential
component in the braking system of a vehicle. On
the backdrop of the growing number of the motor
vehicles and universal motorized aftermarket
industries, the market for brake calipers is
expected to grow steadily. Request for brake
caliper for automotive is expected to rise due to
the increasing demand for disc brakes among
vehicle owners, coupled with the growing
production of the vehicles.
3Growth drivers Implementation of New
Manufacturing Technologies In recent years, the
manufacturing process has moved to the next
progressive stage of 3D printing or preservative
manufacturing. The manufacturers use the
technology extensively for prototyping and
end-use parts. The latest enterprise joining 3D
printing based production is Bugatti-the maker of
Veyron and Chiron Supercars. Its new eight-piston
monobloc brake caliper has substantial
distinguished features and, it is the first 3D
printed major titanium component and primary
brake caliper in the engine-driven industry. The
caliper was built with assistance by Laser
Zentrum Nord, a part of the Fraunhofer Research
Group and vehicle trials are under process for
the same.
4Impact of COVID-19 in industry COVID-19
prevalence has led to lockdowns in various
nations across the world, affecting their
economies adversely. The automotive industry and
motor-based aftermarket services have also shrunk
because of the decline in demand and production
globally. Automotive Brake Caliper market in 2020
has also sustained the effects of lockdown and
decline in economic activities. The pandemic has
led to distressing production and demand, supply
chain and market disruption, and adverse monetary
impact on enterprises. However, as soon as the
impact of coronavirus mitigates, the development
of electric vehicles and other automobiles will
again strengthen the brake calliper market.
5Global Automotive Brake Caliper Market
Segmentation The Global Automotive Brake Caliper
Market is segmented based on Type of vehicles,
Product, Piston Material, End-user and
Manufacturing Process. The market is subdivided
into Passenger Car, LCV, HCV, Two-Wheelers based
on Vehicle-type. PCV vehicle type segment is
expected to register substantial growth on
account of high demand for the automotive brake
caliper. In contrast, the HCV vehicle segment
will grow at a slower rate due to the long
product lifecycle and the availability in the
market internationally. LCV Vehicles segment
secured 30 market share in 2018 and is expected
to register modest CAGR because of its maximum
workpiece diameter used in numerous light
commercial vehicles.
6Competitive Landscape The leading companies in
this market are ACDelco, AISIN Group, Akebono
Brake Industry Co., Ltd., Alcon Components
Limited, Apec Braking, APG, ATL Industries,
Automotive Brake Engineering (ABE), Bendix,
Brakes International, Brembo S.p.A, Budweg, BWI
Group, Cardone, Centric Parts, Continental AG,
EBC Brakes, Haldex Brakes, K-Sport, Knorr-Bremse,
Wenzhou LiBang Enterprise Co., Ltd. and
others.
7Key Players ACDelco, AISIN Group, Akebono Brake
Industry Co., Ltd., Alcon Components Limited,
Apec Braking, APG, ATL Industries, Automotive
Brake Engineering (ABE), Bendix, Brakes
International, Brembo S.p.A, Budweg, BWI Group,
Cardone, Centric Parts, Continental AG, EBC
Brakes, Haldex Brakes, K-Sport, Knorr-Bremse,
Wenzhou LiBang Enterprise Co., Ltd. and
others. Sample Copy https//www.blueweaveconsu
lting.com/report/global-automotive-brake-caliper-m
arket-bwc20131/report-sample
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