Automotive Rear Caliper Market is estimated to be US$ 13.29 billion by 2032; Growing Demand for Electric Vehicles to Propel Market Growth

Published Date: April 2024

Automotive Rear Caliper is a component of the braking system located in the rear wheels of a vehicle. Its primary function is to engage the brake pads against the brake rotor when the brake pedal is pressed, thus causing the vehicle to slow down or come to a stop. The rear caliper is an essential component of the braking system and is subject to wear and tear over time. It is important to inspect and maintain the caliper regularly to ensure that it is functioning properly. Failure to do so can result in reduced braking performance, increased stopping distance, and potentially dangerous situations on the road.

Wide applications of Automotive Rear Caliper in ensuring safe and reliable performance has become a key factor in target market growth. Rapid growth of Automotive Rear Caliper has been driven by increasing demand for vehicles, safety regulations, growing demand for electric vehicles and technological advancements has further facilitated the demand for target market growth in coming years.

The report “Automotive Rear Caliper Market, By Type (1 Piston Caliper, 2 Piston Caliper, and Multi-Piston Caliper), By Application (Sedan & Hatchback and SUV), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

 Key Highlights:

  • In September 2019, Alcon launched new armored vehicle brake caliper. Compared to previous options, it improves breaking performance while lowering weight and expense. OEMs, fleet managers, mechanics, and auto modification businesses can install a commercially available, military-specific brake system using this caliper.
  • In March 2021, ZF Friedrichshafen launched the "ZF ProAI" brake caliper and this has a small design and integrated sensors. The caliper is made to reduce overall weight and offer real-time feedback on braking performance.

Analyst View:

Automotive rear caliper market is expected to continue its growth trajectory in the coming years as the demand for electric vehicles is expected to grow, which is likely to drive demand for rear calipers that are specifically designed for electric vehicles. The development of enhanced rear calipers with improved performance and economy is likely to be influenced by the automotive industry's anticipated continued major technical improvements. This will probably increase demand for these advanced calipers. The demand for autonomous vehicles is expected to grow significantly in the coming years, which is likely to drive demand for rear calipers that are specifically designed for autonomous vehicles and these calipers are expected to be highly reliable and efficient, helping to ensure the safety of passengers and pedestrians.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on Automotive Rear Caliper Market, By Type (1 Piston Caliper, 2 Piston Caliper, and Multi-Piston Caliper), By Application (Sedan & Hatchback and SUV), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

Key Market Insights from the report:

Automotive Rear Caliper Market accounted for US$ 8.61 billion in 2022 and is estimated to be US$ 13.29 billion by 2032 and is anticipated to register a CAGR of 4.5%. Automotive Rear Caliper Market is segmented based on Type, Application and Region.

  • Based on Type, Automotive Rear Caliper Market is segmented into 1 Piston Caliper, 2 Piston Caliper, and Multi-Piston Caliper.
  • Based on Application, Automotive Rear Caliper Market is segmented into Sedan & Hatchback and SUV.
  • By Region, the Automotive Rear Caliper Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Automotive Rear Caliper Market:

The prominent players operating in the Automotive Rear Caliper Market includes, Nissin Kogyo, The Asia/Pacific Group, Knorr-Bremse AG, Robert Bosch GmbH, Mando, Brembo S.p.A., Akebono Brake Industry Co., Ltd., TRW Automotive Company, Aisin Seiki Co., Ltd., Continental AG and others.

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