The brake disc market is anticipated to grow at a significant CAGR of 7.0% during the forecast period (2022-2028). Automotive disc brakes help to moderate or halt the rotation of a wheel using brake pads and increase the safety and efficiency of the vehicle. Lightweight structure and enhanced braking performance improve the handling and driving performance of the vehicle. The self-adjusting nature of disk brakes, growing vehicle stopping distances, rise in the number of road accidents, growing awareness of vehicle safety regulations, increasing logistics, and rising adoption of carbon-ceramic brake pads are driving the global brake disc market growth.
The global brake disc market is segmented based on the type and vehicle type. Based on the type, the market is sub-segmented into fixed, floating, and sliding caliper. Based on the vehicle type, the market is sub-segmented into passenger cars, LCV, and HCV. Among these vehicle types, the passenger cars segment is expected to propel the growth of the market due to the increasing usage of brake discs in passenger vehicles for providing good braking strength and safety.
The market players are also contributing significantly to the market’s growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in January 2022, Dellner Bubenzer, introduced the SB 28.5, a new generation of disc brake for the global market. The new SB 28.5 brake improves the SB Series’ technology and maintenance service. Since the global Dellner Bubenzer merger in June 2021, SB 28.5 is the first new product introduced. The SB 28.5-disc brake was created with better sustainability since it can be used in conjunction with Dellner Bubenzer’s Buel thruster to use less energy while retaining a quick closing time. It also requires less maintenance, according to the manufacturer, due to an enhanced roller and cam self-centering mechanism that lowers wear.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Vehicle Type
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- EBC Brakes Ltd., TRW Automotive Inc., Nissin Kogyo Co. Ltd., Aisin Seiki Co. Ltd., Mando Automotive India Pvt. Ltd., Haldex AB, Federal-Mogul Motorparts LLC, and Brembo SpA, among others.
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Global Brake Disc Market Report by Segment
By Type
- Fixed
- Floating
- Sliding Caliper
By Vehicle Type
- Passenger Car
- LCV
- HCV
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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