The global car brake rotor market is anticipated to grow at a CAGR of 4.2% during the forecast period (2022-2028). Brake rotors are the circular discs that are connected to each wheel (two in the front and two in the back). Rotors are designed to turn motion or the kinetic energy, into heat or the thermal energy. The market growth is attributable to the growing concerns for passenger as well as the driver’s safety. According to the National Safety Council of US, 1,038 workers died and 25,830 were injured in the work-related road accidents. Thus, to minimize such risks, the use of car brake rotor is likely to grow in the future years, thereby propelling the growth of the global car brake rotor market. The market growth is also attributable to the technological advancements in vehicle safety features coupled with the easy availability of anti-lock braking systems with electronic stability control that prevents skidding.
A full report Car Brake Rotor Market of is available at: https://orionmarketreports.com/car-brake-rotor-market/106250/
Some key players operating in the market include Robert Bosch GmbH, Aptiv plc, and Aisin Seiki Co., Ltd., among others. The market players are eyeing on strengthening their position in the market by adopting various strategies as mergers and acquisitions, partnerships, new product launches and collaborations, to stay competitive in the market. For instance, in May 2019, Ferodo launched a new composite rotor range that reduces weight by up to 30%, supporting to enhance vehicle efficiency and improve braking performance. As a result of extensive R&D, the advanced rotors feature a high carbon cast iron surface area and aluminum bell. The range provides original equipment (OE)-quality components for a comprehensive range of BMW passenger vehicles.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Material
- By Type
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Robert Bosch GmbH, Aptiv plc, and Aisin Seiki Co., Ltd., among others.
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 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 are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Car Brake Rotor Market Report by Segment
By Material
- Steel
- Cast Iron
- Aluminum
- Layered Steel
- High Carbon
- Ceramic
By Type
- Blank and Smooth
- Drilled
- Slotted
- Drilled and Slotted
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
