Market Synopsis
The data experts at MarketResearch Future Reports (MRFR) have analyzed the global automotive brakecaliper market. As per the researchers, the market is likely to expand at aCAGR of 3.8% during the review period. The growing collaboration between OEMsand automotive caliper industry to develop the aftermarket sector is estimatedto prompt the global automotive brake caliper market 2020. Also, the surge inthe sales and manufacturing of commercial automobiles across the world isprojected to be another important factor in augmenting market strength.Besides, the increasing construction and mining activities are another pivotalfactor leading to market expansion. Benefits such as cheaper maintenance costof the system are likely to play a crucial role in market growth.
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Further, the growing concern withrespect to the safety of passenger and commercial vehicles is estimated toaugment the market. It is notable here that the countries such as India, China,and Germany are witnessing a rise in disposable income which is estimated tobring a direct expansion in the market. Also, other factors such as rapidurbanization, developing automotive brake caliper industry, and the burgeoningtechnical advancement is anticipated to develop the market significantly.Further, the emerging economies are estimated to pose a conducive environmentfor the growth of the global market during the assessment period. However, thewidening stopping distances over hydraulic breaking and the scrupulous rulesrelated to the usage of light-weight materials in the braking system are someof the factors which may impede the market expansion.
Market Segmentation
The worldwide automotive brakecaliper market can be distinguished on the grounds of material, product type,vehicle type, sales channel, and region.
On the grounds of material, theworldwide automotive brake caliper market can be distinguished into stainlesssteel, cast iron, and aluminum
On the grounds of product type,the worldwide automotive brake caliper market can be distinguished into fixedand floating brake caliper.
On the grounds of vehicle type,the worldwide automotive brake caliper market can be distinguished intopassenger car and commercial vehicle.
On the grounds of the saleschannel, the worldwide automotive brake caliper market can be distinguishedinto OEM and aftermarket.
On the grounds of the region, theworldwide automotive brake caliper market can be distinguished into NorthAmerica, Asia-Pacific, Europe, and the Rest of the World (RoW).
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Geographical Analysis
The global automotive brakecaliper market is projected to expand significantly during the review period.Geographical evaluation of Europe, North America, Asia-Pacific, and the Rest ofthe World (RoW) has been performed successfully. As per the study conducted atMRFR, the global market is predicted to be acquired by the APAC region. TheAPAC region is projected to capture the highest market share during theassessment period. Countries such as China, Japan, and India are anticipated tocontribute significantly to the manufacturing and sales process. Also, theregion is predicted to experience the maximum expansion during the reviewperiod owing to the rising disposable income of countries such as India andChina. Besides, the robust urbanization, surmounting application, theincreasing focus on driver and vehicle safety is another conducive factoraugmenting the market. However, themarket dynamics are estimated to change significantly due to the outbreak ofCOVID-19.
AutomotiveBrake Caliper Market Key Players
The globally renownedorganization of the global automotive brake caliper market are AISIN SEIKI Co.,Ltd (Japan), AKEBONO BRAKE INDUSTRY CO., LTD (Japan), Continental AG (Germany),WABCO (US), ZF Friedrichshafen (Germany), Brembo S.p.A. (Italy), ACDelco (US),Mando Corporation (Korea), Apec Braking (UK), ATL Industries (Canada), RobertBosch (Germany), AbeBrakes (UK), Budweg Caliper A/S (Denmark), BWI Group (China),Japan Brake Industrial Co., Ltd (Japan), and a few more.
Table Of Contents
1. Executive Summary
2. Scope Of The Report
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Definition
2.2.2. Research Objective
2.2.3. Assumptions
2.2.4. Limitations
2.3. Research Process
2.3.1. Primary Research
2.3.2. Secondary Research
2.4. Market Size Estimation
2.5. Forecast Model
3. Market Landscape
3.1. Porter’s Five ForcesAnalysis
3.1.1. Threat Of New Entrants
3.1.2. Bargaining Power Of Buyers
3.1.3. Threat Of Substitutes
3.1.4. Segment Rivalry
3.1.5. Bargaining Power Of Buyers
3.2. Value Chain/Supply ChainAnalysis
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Market Research Future (MRFR) isa global market research firm that takes great pleasure in its services,providing a detailed and reliable study of diverse industries and consumersworldwide. MRFR's methodology integrates proprietary information with differentdata sources to provide the client with a comprehensive understanding of thecurrent key trends, upcoming events, and the steps to be taken based on thoseaspects.
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