The automotive carbon ceramic brakes market is expected to register a CAGR of 8.7% during 2023–2031. The evolution of advanced technologies in vehicles is likely to remain a key trend in the market.
Automotive Carbon Ceramic Brakes Market Analysis
- The mounting focus on road safety and increasing research and development expenditures by key players in enhancing vehicle features are some of the major reasons behind the growth of automotive carbon ceramic brakes.
- Additionally, continuous technology developments in brake system solutions, such as the fabrication of electronic, regenerative, and brake-by-wire systems, are all contributing factors to the market's expansion.
- The new product developments increase vehicle safety and improve braking efficiency. The demand for improved vehicle safety systems is rising because of consumers' increasing preference for advanced safety features and technologies anticipated to have a positive impact on the market.
- High heat resistance with the application of advanced materials such as carbon ceramic is anticipated to boost the growth of the market.
Automotive Carbon Ceramic Brakes Market Overview
- The market for automotive carbon ceramic brakes is expected to grow significantly over the forecast period due to the growing emphasis on safety solutions.
- The demand for increased vehicle safety is the main force behind the development of automotive safety systems. Vehicle safety system advancement is growing in demand as an outcome of consumers' growing preference for high-end safety features and technologies in the automotive sector.
- An automotive carbon ceramic brake is a mechanical device that emphasizes passenger safety while reducing or stopping a vehicle's motion.
- Automotive manufacturers are incorporating efficient safety features into their vehicles as concerns about traffic fatalities and accidents which is significantly accelerating the market growth.
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Automotive Carbon Ceramic Brakes Market: Strategic Insights
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Automotive Carbon Ceramic Brakes Market: Strategic Insights
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Automotive Carbon Ceramic Brakes Market Drivers and Opportunities
Growing Focus on Technological Advancement in Vehicles to Favor the Market
- The growing advancement in vehicle technology and the need for advanced braking systems is one of the prime reasons acting as a major driver for the market
- Additionally, growing consumer demand for more vehicle safety on the road is driving the application of automotive carbon ceramic brake technology globally.
- Increasing consumer preference for high-end vehicles for more luxury and security features is also driving the growth of the automotive carbon ceramic brakes market.
Increasing Demand for Advanced Braking Solutions
- The growing interest of customers in advanced braking solutions in cars is the main driver of the numerous opportunities in the automotive carbon ceramic brakes market.
- The application of automotive carbon ceramic brakes is predicted to soar as challenges related to road accidents continue to mount.
- Additionally, developments in carbon-ceramic brake technology, such as enhanced driving experience vehicle and passenger safety, are driving market expansion.
Automotive Carbon Ceramic Brakes Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automotive carbon ceramic brakes market analysis are type, vehicle type, and distribution channel.
- Based on type, the automotive carbon ceramic brakes market is divided into single-disc brakes and multiple-disc brakes.
- based on the vehicle type, the market is divided into passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs).
- Based on the distribution channel, the automotive carbon ceramic brakes market is divided into OEM aftermarkets.
Automotive Carbon Ceramic Brakes Market Share Analysis by Geography
- The automotive carbon ceramic brakes market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering automotive carbon ceramic brakes market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the automotive carbon ceramic brakes market in these regions.
Automotive Carbon Ceramic Brakes Market Report Scope
Automotive Carbon Ceramic Brakes Market News and Recent Developments
The automotive carbon ceramic brakes market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive carbon ceramic brakes market are listed below:
- ADVICS CO., LTD. and Brakes India Private Limited have reached an agreement to establish a joint venture company (the “JV” ）for the advanced brakes business in India. (Source: ADVICS CO., LTD., Company Website, June 2024)
- SGL Carbon and Brembo agreed to expand production capacities for the joint venture Brembo SGL Carbon Ceramic Brakes (BSCCB). Both companies have been working together with BSCCB on the conditions and implementation plans. BSCCB will invest around €150 million until 2031 to expand by more than 70% production capacities at the sites in Meitingen (Germany) and Stezzano (Italy). The capacity enlargement includes the construction of two new production facilities at the SGL Carbon Meitingen site with a total area of around 8,500 m² and the installation of new production machinery. (Source: Brembo SGL Carbon Ceramic Brakes, Company Website, September 2023)
Automotive Carbon Ceramic Brakes Market Report Coverage and Deliverables
The “Automotive Carbon Ceramic Brakes Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive carbon ceramic brakes market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive carbon ceramic brakes market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Automotive carbon ceramic brakes market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automotive carbon ceramic brakes market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The rapid advancement of vehicle safety technology is one of the major factors driving the automotive carbon ceramic brakes market.
The global automotive carbon ceramic brakes market is expected to grow at a CAGR of 8.7% during the forecast period 2023 - 2031.
An increase in sales of high-end vehicles is anticipated to play a significant role in the global automotive carbon ceramic brakes market in the coming years.
The leading players operating in the automotive carbon ceramic brakes market are Brembo SGL Carbon Ceramic Brakes, Surface Transforms Plc., Carbon Ceramics Ltd, Rotora Inc., and Akebono Brake Industry Co. Ltd.
The report can be delivered in PDF/PPT format; we can also share the Excel dataset based on the request.
1 Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance
2 Key Takeaways
3 Automotive Carbon Ceramic Brakes Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Automotive Carbon Ceramic Brakes Market - By Vehicle Type
3.2.2 Automotive Carbon Ceramic Brakes Market - By Sales Channel
3.2.3 Automotive Carbon Ceramic Brakes Market - By Region
3.2.3.1 By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis
4 Automotive Carbon Ceramic Brakes Market - Key Industry Dynamics
4.1 Impact Analysis
4.2 Key Market Drivers
4.3 Key Market Restraints
4.4 Key Market Opportunities
4.5 Future Trends
5 Automotive Carbon Ceramic Brakes Market Analysis- Global
5.1 Global Automotive Carbon Ceramic Brakes Market Overview
5.2 Global Automotive Carbon Ceramic Brakes Market forecast and analysis to 2028 (US$ Mn)
6 Automotive Carbon Ceramic Brakes Market Revenue and Forecasts to 2028 - Vehicle Type
6.1 Overview
6.2 Passenger Car
6.2.1 Overview
6.2.2 Passenger Car Market forecast and analysis to 2028 (US$ Mn)
6.3 Light Commercial Vehicle (LCV)
6.3.1 Overview
6.3.2 Light Commercial Vehicle (LCV) Market forecast and analysis to 2028 (US$ Mn)
6.4 Heavy Commercial Vehicle (HCV)
6.4.1 Overview
6.4.2 Heavy Commercial Vehicle (HCV) Market forecast and analysis to 2028 (US$ Mn)
7 Automotive Carbon Ceramic Brakes Market Revenue and Forecasts to 2028 - Sales Channel
7.1 Overview
7.2 Original Equipment Manufacturers (OEM)
7.2.1 Overview
7.2.2 Original Equipment Manufacturers (OEM) Market forecast and analysis to 2028 (US$ Mn)
7.3 After-market
7.3.1 Overview
7.3.2 After-market Market forecast and analysis to 2028 (US$ Mn)
8 Automotive Carbon Ceramic Brakes Market Revenue and Forecasts to 2028 - Geographical Analysis
8.1 North America
8.1.1 North America Automotive Carbon Ceramic Brakes Market overview
8.1.2 North America Automotive Carbon Ceramic Brakes Market forecast and analysis to 2028 (US$ Mn)
8.1.2.1 North America Market forecast and analysis to 2028 (US$ Mn) - By Countries
8.1.2.1.1 US market
8.1.2.1.2 Canada market
8.1.2.1.3 Mexico market
8.1.2.2 North America Market forecast and analysis to 2028 (US$ Mn) - By Vehicle Type
8.1.2.3 North America Market forecast and analysis to 2028 (US$ Mn) - By Sales Channel
8.2 Europe
8.2.1 Europe Automotive Carbon Ceramic Brakes Market overview
8.2.2 Europe Automotive Carbon Ceramic Brakes Market forecast and analysis to 2028 (US$ Mn)
8.2.2.1 Europe Market forecast and analysis to 2028 (US$ Mn) - By Countries
8.2.2.1.1 France market
8.2.2.1.2 Germany market
8.2.2.1.3 Italy market
8.2.2.1.4 Spain market
8.2.2.1.5 UK market
8.2.2.2 Europe Market forecast and analysis to 2028 (US$ Mn) - By Vehicle Type
8.2.2.3 Europe Market forecast and analysis to 2028 (US$ Mn) - By Sales Channel
8.3 Asia pacific (APAC)
8.3.1 Asia Pacific Automotive Carbon Ceramic Brakes Market overview
8.3.2 Asia Pacific Automotive Carbon Ceramic Brakes Market forecast and analysis to 2028 (US$ Mn)
8.3.2.1 Asia Pacific Market forecast and analysis to 2028 (US$ Mn) - By Countries
8.3.2.1.1 Australia market
8.3.2.1.2 China market
8.3.2.1.3 India market
8.3.2.1.4 Japan market
8.3.2.2 Asia Pacific Market forecast and analysis to 2028 (US$ Mn) - By Vehicle Type
8.3.2.3 Asia Pacific Market forecast and analysis to 2028 (US$ Mn) - By Sales Channel
8.4 Middle East and Africa (MEA)
8.4.1 Middle East and Africa Automotive Carbon Ceramic Brakes Market overview
8.4.2 Middle East and Africa Automotive Carbon Ceramic Brakes Market forecast and analysis to 2028 (US$ Mn)
8.4.2.1 Middle East and Africa Market forecast and analysis to 2028 (US$ Mn) - By Countries
8.4.2.1.1 South Africa market
8.4.2.1.2 Saudi Arabia market
8.4.2.1.3 UAE market
8.4.2.2 Middle East and Africa Market forecast and analysis to 2028 (US$ Mn) - By Vehicle Type
8.4.2.3 Middle East and Africa Market forecast and analysis to 2028 (US$ Mn) - By Sales Channel
8.5 South America (SAM)
8.5.1 South America Automotive Carbon Ceramic Brakes Market overview
8.5.2 South America Automotive Carbon Ceramic Brakes Market forecast and analysis to 2028 (US$ Mn)
8.5.2.1 South America Market forecast and analysis to 2028 (US$ Mn) - By Vehicle Type
8.5.2.2 South America Market forecast and analysis to 2028 (US$ Mn) - By Sales Channel
9 Industry Landscape
9.1 Mergers & acquisitions
9.2 Market Initiatives
9.3 New developments
9.4 Investment scenarios
10 Competitive Landscape
10.1 Competitive Product mapping
10.2 Market Positioning (Top 6 players Ranking)
11 Automotive Carbon Ceramic Brakes Market, Key Company Profiles
11.1 Brembo SGL Carbon Ceramic Brakes
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Developments
11.2 Surface Transforms Plc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 SWOT Analysis
11.2.5 Key Developments
11.3 Carbon Ceramics Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 SWOT Analysis
11.3.5 Key Developments
11.4 Rotora Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 SWOT Analysis
11.4.5 Key Developments
11.5 Akebono Brake Industry Co. Ltd.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 SWOT Analysis
11.5.5 Key Developments
11.6 Fusion Brakes LLC
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 SWOT Analysis
11.6.5 Key Developments
12 Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
12.3 Research Methodology
Companies Mentioned
1. Brembo SGL Carbon Ceramic Brakes
2. Surface Transforms Plc.
3. Carbon Ceramics Ltd
4. Rotora Inc.
5. Akebono Brake Industry Co. Ltd.
6. Fusion Brakes LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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