Automotive Disc Brake Market Size was valued at USD 11.24 Billion in 2023. The automotive disc brake market industry is projected to grow from USD 12.02 Billion in 2024 to USD 19.30 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.09% during the forecast period (2024 - 2032). Adopting luxury cars, strict safety regulations, and the increased use of disc brakes in commercial vehicles are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for automotive disc brakes is driven by the rising demand for passenger and commercial vehicles in nations like China and India. The adoption of luxury cars, strict safety regulations, and the increased use of disc brakes in commercial vehicles contribute to the market's expansion. Additionally, the lifespan of brake components is limited to a certain number of kilometers, driving up the replacement market. Participants have also incorporated strong safety systems due to worries about traffic accidents and the rising death toll. Because of the strict safety regulations established by regulatory bodies and governments, the market for automobile brake systems will continue to expand. From 2022, the National Highway Traffic Safety Administration (NHTSA).
The involvement of market players in the introduction of new and improved systems as well as the growth of R&D focused on the introduction of new technologies, are additional factors boosting market growth over the course of the forecast period. On the other hand, the growing popularity of electric vehicles and the increased attention being paid to autonomous vehicles are anticipated to increase manufacturing companies' potential for commercial growth in the near future. In a world where the need for speed is steadily rising, brakes have become a vital and essential component of any vehicle. However, due to rising safety concerns and government regulation, the automotive brake system market is experiencing rapid technological advancement. For instance, the Indian government has made the advanced braking system a requirement for all heavy vehicles.
Similar to this, starting in September 2022, the National Highway Traffic System Administration (NHTSA), the Insurance Institute of Highway Safety, and 20 major automakers will make Automatic Emergency Braking (AEB) a standard feature in all new cars. Additionally, thanks to investments in Level 4 and Level 5 autonomous vehicles, innovation and development in Advanced Driver Assistance Systems (ADAS) will propel the market. Thus, driving the automotive disc brake market revenue.
The Automotive Disc Brake Market segmentation, based on type, includes fixed, floating and sliding calipers. The floating segment dominated the market, accounting for 45% of market revenue. With a separate brake rotor and a floating brake caliper, floating disc brakes have a two-piece construction. During braking, this design enables better heat dissipation. Reduced risk of warping or overheating is provided by the floating rotor's ability to expand and contract independently of the brake caliper. This enhances overall braking performance and lessens the possibility of brake fade, particularly during extended or intense braking. Brake pads can last longer when using floating disc brakes. The floating design contributes to a more even distribution of braking forces across the brake pad, resulting in less uneven wear. Vehicle owners can save money because of the longer pad lifespan and decreased need for pad replacements.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Automotive Disc Brake Market segmentation is based on vehicle type, passenger cars (PC), light commercial vehicles (LCV) and heavy commercial vehicles (HCV). The passenger car (PC) category generated the most income. The number of passenger cars is rising because of rising populations, more disposable income, and urbanization. Manufacturers typically create more effective braking systems to add more safety features. The primary market share and growth of the passenger car are primarily influenced by the ADAS. Due to an increase in the demand for electromagnetic induction braking systems in cars, motorcycles, and other vehicles over the forecast period, rising ADAS spending is also anticipated to impact the brake systems market.
By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific automotive disc brake market area will dominate this market because of the region's access to cheap labor and raw materials; businesses can offer significant cost savings. Additionally, the automotive manufacturing industry is centered in nations like China and India. The market is anticipated to grow due to the rising popularity of automotive brake systems and increased sales of luxury and premium vehicles. Additionally, the market is expanding as a whole due to the rise in automobile sales and the rise in accidents.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe’s automotive disc brake market accounts for the second-largest market share. The region's highly developed automotive industry is anticipated to generate a sizable profit for the key players. Additionally, the existence of developed economies and rising per capita income are likely to drive the automotive disc brake market during the review period. Further, the German automotive disc brake market held the largest market share, and the UK automotive disc brake market was the fastest-growing market in the European region.
The North American Automotive Disc Brake Market is expected to grow fastest from 2023 to 2032. The presence of major automakers, growth in the supply of light commercial vehicles and passenger cars, and rising demand for better performance from vehicles in poor weather have all contributed to the market's expansion in this area. A further factor driving the expansion of the regional market since 2018 has been the requirement for all light cars to be equipped with ESC technology. Moreover, U.S. automotive disc brake market held the largest market share, and the CANADA automotive brake market was the fastest-growing in North America.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the automotive disc brake market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The automotive disc brake industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global automotive disc brake industry to benefit clients and increase the market sector. The automotive disc brake industry has offered some of the most significant medical advantages in recent years. Major automotive disc brake market players, including EBC Brakes (UK), TRW Automotive (US), Nissin Kogyo Co., Ltd (Japan), Aisin Seiki Co., Ltd (Japan), Mando Automotive India Private Limited (India), Haldex AB (Sweden), Federal-Mogul Motorparts LLC. (US), Knorr-Bremse AG (India), Akebono Brake Corporation (Japan), Brembo SpA (Italy) and others are attempting to increase market demand by investing in research and development operations.
EBC Brakes (UK), EBC Brakes, a market leader in the brake industry with a workforce of more than 400 people worldwide, is an independently owned and managed company that values its people, customers, and success. With more than 5000 part numbers for every type of moving vehicle, EBC Brakes manufactures the broadest selection of brake discs and pads worldwide. One of its two specialized UK and USA factories produce EBC Brakes. Most EBC brake discs and brake rotors are also produced in the UK. Our product line includes brake rotors (brake discs) for all types of industrial vehicles as well as brake rotors (brake pads) for cars, trucks, and SUVs, brake pads for wind farms, and brake pads for military applications like the Humvee, various armored vehicles, and even tanks. Aramid brakes, sintered brakes, ceramic brakes, and carbon long-life brakes are some of the different brake pads manufactured. Cast iron brake rotors or brake discs for automobiles, stainless steel brake rotors for motorcycles, bicycle brake pads and bicycle brake rotors, and ATV brake pads and rotors are all available from EBC Brake.
Nissin Kogyo Co, Ltd (Japan), diversity is a requirement for many fields today. The demand from users for cars is also very diverse, how to optimize product development is a crucial task for a skilled exhaust system manufacturer and an exhaust emission treatment system, we suggest a complete process with the motto, development of the product. We offer our customers "high-mix, low-volume production." Exhaust systems are collections of system technology, including sound, heat, and vibration environmentally friendly technology. Based on an extensive body of experience and simple technology. More value will be produced by us. Your significant support is greatly appreciated as we now place a high value on customer satisfaction rather than just sales.
In November 2023, Brembo, a leading global company in automobile brake technology, has introduced its newest product: the CCM-R Plus disc. This state-of-the-art carbon ceramic brake disc is specifically designed for use in racing, hypercar, and premium sportscar industries. The CCM-R Plus disc represents the pinnacle of Brembo's expertise and experience in carbon brake materials, particularly those employed in the challenging Formula 1 tracks. In addition, Brembo has successfully incorporated its expertise in ceramic composite material (CCM) applications for everyday road use, resulting in the CCM-R Plus being a distinctive combination of the finest aspects of both realms. The CCM-R Plus is manufactured utilizing a 3D arrangement of elongated carbon fibers that are inserted within a carbon matrix. This new addition will enhance the existing Performance CCM-R disc and is specifically designed to be utilized with organic race pads. The selected materials and exclusive procedures, optimized for the CCM-R Plus disc, epitomize the highest level of carbon ceramic disc technologies.
In April 2023, ZF Aftermarket will introduce three new TRW products - shock absorbers, brake pads, and brake discs - specifically designed for the Indian passenger car market. The company asserts that the repair of brakes in passenger cars is a significant component of the independent aftermarket. According to the firm, each TRW true originals part is constructed to adhere to the most rigorous criteria and is supported by a worldwide network of original aftermarket specialists. The TRW shock absorber series incorporates cutting-edge technology that is built upon proven and validated methods. The product undergoes rigorous testing procedures, including low and high-velocity testing schedules, endurance checks, verification of damping and dimensions, and testing in extreme weather and road conditions. The TRW true originals brake pads are designed with new approaches and undergo rigorous testing using industry-leading methods to ensure the highest level of safety in the braking system. These brake pads provide advanced protection by integrating cutting-edge technology to guarantee the utmost level of safety and performance in all vehicles. The brake pads' back plates are constructed from premium-grade steel and are covered with a rust-inhibiting powder.
February 2022: Developing automated platooning for commercial vehicles with high levels of automation required cooperation between Continental and Knorr-Bremse. The collaboration partners show off the autonomous driving capabilities they might develop in collaboration with automakers using this platooning demonstrator. This includes forming platoons, moving as a unit, utilizing automatic braking, leaving in private vehicles, and dismantling the entire platoon safety
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 11.24 Billion |
| Market Size 2024 | USD 12.02 Billion |
| Market Size 2032 | USD 19.30 Billion |
| Compound Annual Growth Rate (CAGR) | 6.09% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Vehicle Type, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | EBC Brakes (UK), TRW Automotive (US), Nissin Kogyo Co., Ltd (Japan), Aisin Seiki Co., Ltd (Japan), Mando Automotive India Private Limited (India), Haldex AB (Sweden), Federal-Mogul Motorparts LLC. (US), Knorr-Bremse AG (India), Akebono Brake Corporation (Japan), Brembo SpA (Italy) |
| Key Market Opportunities | Adopting luxury cars, strict safety regulations |
| Key Market Dynamics | The increased use of disc brakes in commercial vehicles |
Frequently Asked Questions (FAQ) :
The Automotive Disc Brake Market size was valued at USD 11.24 Billion in 2023.
The global market is projected to grow at a CAGR of 6.09% during the forecast period, 2024-2032.
Asia Pacific had the largest share in the global market
The key players in the market are EBC Brakes (UK), TRW Automotive (US), Nissin Kogyo Co., Ltd (Japan), Aisin Seiki Co., Ltd (Japan), Mando Automotive India Private Limited (India), Haldex AB (Sweden), Federal-Mogul Motorparts LLC. (US), Knorr-Bremse AG (India), Akebono Brake Corporation (Japan), Brembo SpA (Italy).
The floating category dominated the market in 2023.
The passenger cars (PC) had the largest share in the global market.
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Team Lead - Research With a technical background as bachelor's in mechanical engineering, with mba in operations management , swapnil has 6+ years of experience in market research, consulting and analytics with the tasks of data mining, analysis, and project execution. he is the poc for our clients, for their consulting projects running under the automotive/a&d domain. swapnil has worked on major projects in verticals such as aerospace & defense, automotive and many other domain projects. he has worked on projects for fortune 500 companies' syndicate and consulting projects along with several government projects.
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