14.11.2019 Views

Automotive Brake Caliper Market to grow at 3

More Information @ http://bit.ly/2NJdOyZ Pistons made from phenolics will exhibit significant growth in the automotive brake caliper market from over the study period owing to the availability of wide range of plastics. These plastics have superior properties including reduced weight, that enhances heat resistance, fuel efficiency, and impart high strength. These can also withstand high compression stresses resulting in increased product adoption.

More Information @ http://bit.ly/2NJdOyZ
Pistons made from phenolics will exhibit significant growth in the automotive brake caliper market from over the study period owing to the availability of wide range of plastics. These plastics have superior properties including reduced weight, that enhances heat resistance, fuel efficiency, and impart high strength. These can also withstand high compression stresses resulting in increased product adoption.

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<strong>Au<strong>to</strong>motive</strong> <strong>Brake</strong> <strong>Caliper</strong> <strong>Market</strong> <strong>to</strong> <strong>grow</strong> <strong>at</strong> 3%<br />

CAGR till 2026: Global <strong>Market</strong> Insights Inc.<br />

<strong>Au<strong>to</strong>motive</strong> <strong>Brake</strong> <strong>Caliper</strong> <strong>Market</strong> driven by Increasing e-commerce demand in the<br />

world <strong>to</strong> surpass USD 27 billion by 2026 and will witness 3% CAGR during the<br />

forecast timespan.<br />

<strong>Brake</strong> calipers of two-wheelers are predicted <strong>to</strong> pose a significant <strong>grow</strong>th r<strong>at</strong>e during<br />

the projected time span. This <strong>grow</strong>th can be <strong>at</strong>tributed <strong>to</strong> the rising penetr<strong>at</strong>ion of<br />

electric mo<strong>to</strong>rcycles and scooters in emerging economies. Increasing sales of the<br />

product due <strong>to</strong> minimum braking distance and immedi<strong>at</strong>e s<strong>to</strong>pping of the vehicle will<br />

further escal<strong>at</strong>e the au<strong>to</strong>motive brake caliper market <strong>grow</strong>th over the study period.<br />

<strong>Au<strong>to</strong>motive</strong> <strong>Brake</strong> <strong>Caliper</strong> <strong>Market</strong><br />

Prolifer<strong>at</strong>ing au<strong>to</strong>mobile manufacturing and stringent regula<strong>to</strong>ry norms associ<strong>at</strong>ed<br />

with vehicle safety globally are driving the market share.<br />

Some major findings of the au<strong>to</strong>motive brake caliper market report include:<br />

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‣ Stringent regula<strong>to</strong>ry norms and technological advancements including<br />

au<strong>to</strong>m<strong>at</strong>ed emergency braking systems and ABS among others are<br />

necessit<strong>at</strong>ing the requirement for reliable and efficient brake calipers<br />

‣ Manufacturers across the globe are focusing on improving the product sales<br />

by investing in light-weight m<strong>at</strong>erials and adopting remanufacturing<br />

technologies<br />

‣ Major players oper<strong>at</strong>ing in the au<strong>to</strong>motive brake caliper market are AISIN<br />

Group, Continental, Robert Bosch, and WABCO<br />

‣ Companies are engaged in str<strong>at</strong>egic long-term agreements and contracts with<br />

au<strong>to</strong>motive OEMs for expanding their business oper<strong>at</strong>ions and enhance their<br />

market share<br />

Pis<strong>to</strong>ns made from phenolics will exhibit significant <strong>grow</strong>th in the au<strong>to</strong>motive brake<br />

caliper industry from over the study period owing <strong>to</strong> the availability of wide range of<br />

plastics. These plastics have superior properties including reduced weight, th<strong>at</strong><br />

enhances he<strong>at</strong> resistance, fuel efficiency, and impart high strength. These can also<br />

withstand high compression stresses resulting in increased product adoption.<br />

Fixed calipers will domin<strong>at</strong>e the au<strong>to</strong>motive brake caliper industry share over the<br />

projected timeframe. These calipers consist of an equal number of pis<strong>to</strong>ns on both<br />

the outboard and inboard halves of the caliper. The fixed calipers have high<br />

performance; however, are available <strong>at</strong> prohibitive price. As the number of pis<strong>to</strong>ns<br />

installed increases the price of the caliper also increases. Dozens of pis<strong>to</strong>ns are<br />

installed in the premium and sports cars, thereby increasing performance as well as<br />

the cost.<br />

The gravity die casting will account for a considerable share in the global market<br />

size. This can be <strong>at</strong>tributed <strong>to</strong> the capability of producing higher quality and dense<br />

castings with superior mechanical properties including improved strength and<br />

stiffness. Additionally, this manufacturing process requires lower investment for<br />

medium and small volume production, thereby providing a positive outlook for the<br />

segment expansion over the study period.<br />

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OEMs will domin<strong>at</strong>e the global au<strong>to</strong>motive brake caliper market share over the<br />

projected timeframe. This can be <strong>at</strong>tributed <strong>to</strong> the install<strong>at</strong>ion of the calipers during<br />

vehicle assembly. Moreover, manufactures are continuously investing in<br />

technologies and manufacturing processes for improving the caliper weight and<br />

performance. For instance, in July 2019, Carbon Performance launched its line-up of<br />

3D printed au<strong>to</strong>motive brake calipers based on the proprietary au<strong>to</strong>m<strong>at</strong>ed intelligent<br />

pl<strong>at</strong>form - SK3L370N.<br />

Middle East & Africa will serve immense <strong>grow</strong>th opportunities in the global market<br />

share. It is one of the fastest <strong>grow</strong>ing regions with around 3% <strong>grow</strong>th r<strong>at</strong>e over the<br />

forecast timeframe. The au<strong>to</strong>mobile component suppliers are required <strong>to</strong> balance the<br />

opportunities against the rel<strong>at</strong>ed risks from possible OEM dependencies, legal<br />

conditions, and potential political instabilities.<br />

Some of the prominent industry players include WABCO, Continental, Robert Bosch,<br />

AISIN Group, and <strong>Brake</strong>s Intern<strong>at</strong>ional among others. OEMs are focusing on<br />

sufficing cus<strong>to</strong>mer requirements for next-gener<strong>at</strong>ion vehicles and improving their<br />

distribution channel through both offline and online portals.<br />

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About Global <strong>Market</strong> Insights<br />

Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market<br />

research and consulting service provider; offering syndic<strong>at</strong>ed and cus<strong>to</strong>m research<br />

reports along with <strong>grow</strong>th consulting services. Our business intelligence and industry<br />

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specially designed and presented <strong>to</strong> aid str<strong>at</strong>egic decision making. These exhaustive<br />

reports are designed via a proprietary research methodology and are available for<br />

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energy and biotechnology.<br />

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Global <strong>Market</strong> Insights, Inc.<br />

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Email: sales@gminsights.com<br />

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