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Brake Caliper Market Share

Report ID: GMI2336
Published Date: Sep 2021
Report Format: PDF

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Brake Caliper Market Share

Some of the key brake caliper manufacturers across the globe are

ACDelco
AISIN Group
Akebono
Alcon
Apec Braking
APG
ATL Industries
Automotive Brake Engineering
Bendix
Brakes International
Brembo
Budweg
Continental
Remy Automotive
Robert Bosch
ZF

Some of the key strategies adopted by these manufacturers are expansion of production facilities and investments in R&D on new product development. With rising demand for brake calipers, many manufacturers are focusing on the acquisition of tier-2 companies to enhance their global presence.

The automotive brake caliper industry is highly competitive with the presence of a large number of players offering identical products. The competition is increasing with improving distribution channel by industry market participants along with the new players entering in the market. The prominent players of the market are focusing on reducing the weight of the caliper and increasing aftermarket sales support to gain a competitive advantage.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The global industry size of automotive brake calipers was valued at over USD 10.5 billion in 2020 and will observe a 4.6% CAGR up to 2027 driven by the presence of major automobile producers and the influx of various manufacturing technologies.

The demand for LCV vehicles in the market will exceed USD 2.5 billion through 2027 due to the growing adoption of disc brakes in emerging countries.

The annual revenue of fixed automotive brake calipers could reach 180 million units in terms of volume by 2027 on account of the growing consumer focus on lesser emissions and low fuel consumption.

The overall market share from the piston material made of steel segment had crossed USD 4.5 billion in 2020 due to the growing need for easy availability and cost-effectiveness in comparison to other materials.

Asia Pacific will record more than 45% of the market share through 2027 owing to the growing market competition and higher production capacity in the region.