Automotive Carbon Brake Rotors Market Overview:
As per MRFR analysis, the Automotive Carbon Brake Rotors Market Size was estimated at 1.89 (USD Billion) in 2022. The Automotive Carbon Brake Rotors Market Industry is expected to grow from 2.04(USD Billion) in 2023 to 4.1 (USD Billion) by 2032. The Automotive Carbon Brake Rotors Market CAGR (growth rate) is expected to be around 8.04% during the forecast period (2024 - 2032).
Key Automotive Carbon Brake Rotors Market Trends Highlighted
Key market drivers for automotive carbon brake rotors include the increasing demand for high-performance vehicles, stringent safety regulations, and advancements in material technology. Opportunities exist in the growing popularity of electric vehicles and autonomous driving systems, which require improved braking capabilities. Recent trends include the use of carbon fiber-reinforced polymers (CFRPs) for lightweight and durable rotors, as well as the integration of sensors and actuators for active braking systems. Moreover, the market is characterized by partnerships between automotive manufacturers and technology providers to develop innovative solutions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Carbon Brake Rotors Market Drivers
Rising Demand for High-Performance Vehicles
The increasing popularity of high-performance vehicles, such as sports cars and luxury sedans, is driving the demand for automotive carbon brake rotors. These vehicles require high-performance braking systems to ensure optimal stopping power and stability, especially at high speeds. Carbon brake rotors offer superior performance compared to traditional steel rotors, providing shorter stopping distances, improved fade resistance, and enhanced durability.As a result, the growing demand for high-performance vehicles is expected to fuel the growth of the Automotive Carbon Brake Rotors Market in the coming years.
Technological Advancements in Braking Systems
The increasing technological advancements in braking systems in the automotive industry have led to the incorporation of carbon brake rotors. Developments, such as brake-by-wire systems, and regenerative braking systems, are contributing to the growth of the automotive carbon brake rotors because they require these types of rotors as they are lightweight and have high thermal conductivity. Therefore, the incorporation of carbon brake rotors with the advanced braking systems is expected to increase the growth rate of Automotive Carbon Brake Rotors Market Industry.
Growing Adoption of Carbon Fiber Reinforced Polymers (CFRPs)
The Carbon Fiber Reinforced Polymers are increasingly being embraced by the motor or automobile industry because their strong, rigid and lightness features. This has promoted the high usage of CFRPs in the production of carbon brake rotors since they are considerably lighter compared to the ordinary steel rotors. Due to the continuous need to reduce fuel consumption as well as carbon emissions by the automobiles, CFRPs have been embraced in manufacturing various automotive parts including the brake rotors and will likely contribute to the growth of the Automotive Carbon Brake Rotors Market Industry.
Automotive Carbon Brake Rotors Market Segment Insights:
Automotive Carbon Brake Rotors Market Vehicle Type Insights
The automotive carbon brake rotors market segmentation by vehicle type includes passenger cars, commercial vehicles, and racing vehicles. Among these segments, the passenger cars segment is expected to account for the largest revenue share in 2024, owing to the increasing production and sales of passenger cars globally.
The commercial vehicles segment is also expected to witness significant growth during the forecast period, driven by the rising demand for carbon brake rotors in heavy-duty vehicles. The racing vehicles segment is expected to hold a smaller share of the market, but it is likely to grow at a higher rate compared to the other segments, due to the increasing popularity of motorsports and the use of carbon brake rotors in high-performance vehicles.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Carbon Brake Rotors Market Material Type Insights
The Automotive Carbon Brake Rotors Market is segmented into three major material types namely, Carbon Ceramic Matrix Composites (CCMC), Carbon Fiber Reinforced Carbon Composites (CFRC), and Carbon Fiber Reinforced Silicon Carbide Composites (CFRSiC). Among these, Carbon Ceramic Matrix Composites (CCMC) held the largest market share in 2023 and is projected to continue its dominance throughout the forecast period.
This dominance can be attributed to the superior properties offered by CCMC, such as high strength, stiffness, and thermal conductivity, which make it ideal for use in high-performance braking systems.In terms of revenue, the Automotive Carbon Brake Rotors Market for CCMC is expected to reach USD 1.5 billion by 2024, growing at a CAGR of 8.5%. On the other hand, Carbon Fiber Reinforced Carbon Composites (CFRC) and Carbon Fiber Reinforced Silicon Carbide Composites (CFRSiC) are expected to witness a moderate growth rate during the forecast period, owing to their relatively higher cost and limited applications.
Automotive Carbon Brake Rotors Market Diameter Insights
The Automotive Carbon Brake Rotors Market is segmented by diameter into Less than 350 mm, 350-400 mm, 400-450 mm, and Over 450 mm. Among these segments, the 350-400 mm segment is expected to hold the largest market share in 2023, accounting for around 40% of the Automotive Carbon Brake Rotors Market revenue. This is due to the increasing demand for lightweight and high-performance vehicles, which use 350-400 mm carbon brake rotors to improve braking efficiency and reduce unsprung weight.
The Less than 350 mm segment is also expected to witness significant growth, driven by the rising popularity of compact and subcompact cars.The 400-450 mm and Over 450 mm segments are expected to grow at a moderate pace, as they are primarily used in high-performance and luxury vehicles.
Automotive Carbon Brake Rotors Market Application Insights
The Application segment of the Automotive Carbon Brake Rotors Market holds significant importance in understanding the market dynamics. Front Axle is anticipated to capture a substantial market share due to the increasing need for improved braking performance in vehicles. Rear Axle is also expected to witness steady growth owing to the growing focus on safety features. Furthermore, All Axles is projected to gain traction as automakers seek to enhance overall vehicle stability and control. The Automotive Carbon Brake Rotors Market is expected to reach a valuation of USD 4.1 billion by 2032, expanding at a CAGR of 8.04% from 2023 to 2032.
Automotive Carbon Brake Rotors Market Regional Insights
The Automotive Carbon Brake Rotors Market is segmented by region into North America, Europe, APAC, South America, and MEA. North America is expected to hold the largest share of the market in 2024, followed by Europe and then APAC. The growth in the North American market is attributed to the increasing demand for high-performance vehicles, as well as the growing popularity of carbon brake rotors in racing and performance applications.
The European market is also expected to grow steadily, driven by the increasing demand for lightweight and fuel-efficient vehicles.The APAC market is expected to witness the fastest growth, due to the growing automotive industry in the region and the increasing demand for carbon brake rotors in passenger vehicles.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Carbon Brake Rotors Market Key Players And Competitive Insights:
Major players in Automotive Carbon Brake Rotors Market industry are constantly striving to gain a competitive edge by investing in research and development, forming strategic alliances, and expanding their global presence. Leading Automotive Carbon Brake Rotors Market players are focusing on developing innovative products and technologies to cater to the evolving needs of customers. The Automotive Carbon Brake Rotors Market is characterized by intense competition among established players and emerging entrants. The competitive landscape is expected to remain dynamic as new entrants continue to enter the market, and existing players expand their product offerings and geographical reach.
Brembo S.p.A. is a leading global manufacturer of brake systems for automotive and motorcycle applications. The company has a strong presence in the Automotive Carbon Brake Rotors Market and offers a wide range of carbon brake rotors for various vehicle types. Brembo's carbon brake rotors are known for their high performance and durability, and the company has a strong reputation for quality and innovation. Brembo invests heavily in research and development and has a team of experienced engineers dedicated to developing new and innovative brake technologies. The company has a global presence with manufacturing facilities in several countries and a network of distributors and sales representatives worldwide.
A competitor to Brembo S.p.A. in the Automotive Carbon Brake Rotors Market is Akebono Brake Corporation. Akebono is a Japanese company that specializes in the development, production, and sale of brake systems and components. The company has a strong presence in the global automotive market and offers a wide range of carbon brake rotors for various vehicle types. Akebono's carbon brake rotors are known for their high performance and durability, and the company has a strong reputation for quality and innovation. Akebono invests heavily in research and development and has a team of experienced engineers dedicated to developing new and innovative brake technologies. The company has a global presence with manufacturing facilities in several countries and a network of distributors and sales representatives worldwide.
Key Companies in the Automotive Carbon Brake Rotors Market Include:
- SaintGobain
- Brembo
- Robert Bosch
- Akebono
- DURA Automotive Systems
- Continental
- TMD Friction
- Nisshinbo
- FederalMogul
- Morgan Advanced Materials
- MIBA
- TRW Automotive
- Hitachi
- Honeywell
- Advics
Automotive Carbon Brake Rotors Market Industry Developments
The Automotive Carbon Brake Rotors Market is projected to reach USD 4.1 billion by 2032, exhibiting a CAGR of 8.04% during the forecast period. Rising demand for lightweight and high-performance vehicles, coupled with stringent emission regulations, is driving market growth.
Technological advancements, such as the development of composite carbon brake rotors, further enhance market prospects. Key industry participants are focusing on strategic partnerships and acquisitions to expand their product portfolio and geographical reach. Recent developments include Brembo's acquisition of J.Juan and Nisshinbo's partnership with Hitachi Automotive Systems to strengthen their position in the automotive carbon brake rotors market.
Automotive Carbon Brake Rotors Market Segmentation Insights
- Automotive Carbon Brake Rotors Market Vehicle Type Outlook
- Passenger Cars
- Commercial Vehicles
- Racing Vehicles
- Automotive Carbon Brake Rotors Market Material Type Outlook
- Carbon Ceramic Matrix Composites (CCMC)
- Carbon Fiber Reinforced Carbon Composites (CFRC)
- Carbon Fiber Reinforced Silicon Carbide Composites (CFRSiC)
- Automotive Carbon Brake Rotors Market Diameter Outlook
- Less than 350 mm
- 350-400 mm
- 400-450 mm
- Over 450 mm
- Automotive Carbon Brake Rotors Market Application Outlook
- Front Axle
- Rear Axle
- All Axles
- Automotive Carbon Brake Rotors Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
1.89(USD Billion) |
| Market Size 2023 |
2.04(USD Billion) |
| Market Size 2032 |
4.1(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
8.04% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
SaintGobain, Brembo, Robert Bosch, Akebono, DURA Automotive Systems, Continental, TMD Friction, Nisshinbo, FederalMogul, Morgan Advanced Materials, MIBA, TRW Automotive, Hitachi, Honeywell, Advics |
| Segments Covered |
Vehicle Type, Material Type, Diameter, Application, Regional |
| Key Market Opportunities |
Increasing demand for lightweight vehicles Growing popularity of highperformance vehicles Government regulations on carbon emissions Adoption of carbon brake rotors in electric vehicles Technological advancements in carbon brake rotor manufacturing |
| Key Market Dynamics |
Technological advancements Growing awareness of lightweight materials Rising demand for highperformance vehicles Increasing environmental regulations Government initiatives for sustainable transportation |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Automotive Carbon Brake Rotors Market is expected to reach a valuation of 2.04 billion USD in 2023.
The Automotive Carbon Brake Rotors Market is projected to grow at a CAGR of 8.04% from 2023 to 2032.
The Asia-Pacific region is expected to hold the largest market share in 2023.
Automotive Carbon Brake Rotors are primarily used in high-performance vehicles, such as sports cars and racing cars.
Key competitors in the Automotive Carbon Brake Rotors Market include Brembo S.p.A., Akebono Brake Industry Co., Ltd., and Hitachi Astemo, Ltd.
The growth of the Automotive Carbon Brake Rotors Market is being driven by the increasing demand for high-performance vehicles and the need for improved braking systems.
The Automotive Carbon Brake Rotors Market faces challenges such as high production costs and the limited availability of raw materials.
Opportunities for growth in the Automotive Carbon Brake Rotors Market include the development of new materials and technologies, and the expansion into new markets.
The Automotive Carbon Brake Rotors Market is expected to reach a valuation of 4.1 billion USD by 2032.
Key trends shaping the Automotive Carbon Brake Rotors Market include the increasing adoption of electric vehicles and the development of autonomous driving systems.
