Automotive Disc Brake Market Size, Top Players, and Forecast by 2031
Automotive Disc Brake Market: Strategic Insights
Automotive Disc Brake Market
-
CAGR (2023 - 2031)4.1% -
Market Size 2023
US$ 16,789.44 Million -
Market Size 2031
US$ 23,200.81 Million
Market Dynamics
GROWTH DRIVERS
- Growing Norms for Reducing Fatalities Caused due to Vehicle Accidents
FUTURE TRENDS
- Increased sale of electric vehicles across the globe drives the market growth
OPPORTUNITIES
- Emergence of Self-Driving/Autonomous Vehicles
Key Players
- Brembo S p A
- Continental AG
- Delphi Technologies BorgWarner Inc
- EBC Brakes
- Haldex Group
- Hitachi Automotive Systems Americas
- Inc
- Knorr Bremse AG
- Robert Bosch GmbH
- WABCO Holdings Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Opposed Piston Type Disc Brake and Floating Caliper Type Disc Brake
Material Type
- Cast Iron
- Aluminum
- Stainless Steel
Vehicle Type
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles