Automobile Front 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 2034

Report Code: PMI320219 | Publish Date: April 2024 | No. of Pages: 180

Global Automobile Front Caliper Market Overview

Automobile Front Caliper Market was valued at US$ 9.8 billion in 2024 and is projected to grow at a CAGR of 3.6% to reach US$ 13.6 billion by 2034.

Automotive front caliper describes the worldwide market for the part of the braking system that presses the brake pads up against the disc rotors to slow down an automobile. As the hydraulic pressure on the caliper piston increases when a driver applies brakes, pressure is applied to the wheels. The car eventually stops as a result of this deceleration. Every wheel has a different caliper. Brake calipers are found in brake discs, which are now widely utilized in automobiles. Demand for sophisticated braking systems, such as multi-piston calipers, is predicted to rise as consumers focus more on automobile safety features.

The disc brake system includes calipers made of most cars' front brakes. The brake pads and pistons on a user’s car are housed in the brake caliper. It generates friction with the brake rotors to slow the vehicle's wheels. The primary factors driving demand for automotive front calipers are vehicle safety regulations imposed by governments, the growing preference for disc brakes over drum brakes in automobiles, and the expansion of global car manufacturing. Due to these factors, the market is expected to grow more rapidly during the projected period.

Over the estimated timeframe, rising automotive production and soaring global vehicle sales are expected to support demand for brake components, including brake pads, brake shoes, brake boosters, brake rotors, etc. Growing consumer demand for aftermarket car parts is also anticipated to open up possibilities for new and reputable auto caliper vendors in the future. However, the primary factors holding back the target market are the costs involved and the need for certainty surrounding the availability of aftermarket components.

Introduction - Automobile Front Caliper Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Automobile Front Caliper Market Dynamics

Automobile Front Caliper Market Key Drivers:

Expansion of the automobile industry

  • The continual development of the automotive sector is the main factor propelling the worldwide automotive front caliper market. The global population expansion, urbanization, and rising disposable incomes are driving up demand for automobiles, which means there is a constant need for effective braking systems. Growth in the automotive industry is a crucial factor driving the caliper market, as improved brake calipers become increasingly in demand as vehicle production and sales soar.

Increasing importance of safety measures in automobiles   

  • Another major driving force of the target market is the growing understanding and awareness regarding vehicle safety measures and functions. One important issue is the growing emphasis of consumers on vehicle safety features. Strict safety standards and consumer preference for vehicles with sophisticated braking systems are driving the market for high-performance calipers.

Automobile Front Caliper Market Restrains:

Concerns over the pricing and supply of aftermarket products

  • Customers may be put off by the expensive costs of replacing multi-piston calipers or those constructed of sophisticated materials, which could affect the market's adoption in general. For wider acceptance, a reliable and reasonably priced network of aftermarket components must be established.

Automobile Front Caliper Market Opportunities:

  • In the future, manufacturers of automotive brake calipers should expect new opportunities due to the rapidly increasing popularity of electric vehicles and the growing need for lightweight automotive brake components for these vehicles. In the upcoming years, shipments of automobile brake calipers may increase due to the growing need for autonomous braking systems brought about by the emergence of connected and autonomous vehicle fleets.

Global Automobile Front Caliper Market Segmentation

Automobile Front Caliper Market is segmented based on type, application, and region.

Type Insights

  • 1 Piston Caliper: 1 Piston caliper applies pressure to the inner brake pad using a single piston. Single-piston calipers always slide a little when the brake pads wear down. The majority have a bracket.
  • 2 Piston Caliper: Two- or dual-piston calipers are sliding models with brackets, but some have two pistons locked in place, one on the inboard side and one on the outboard side.
  • Multi-Piston Caliper: The braking performance of multi-piston calipers is significantly higher than that of single-piston calipers. The larger pad may absorb more heat and slow down more quickly due to the increased number of pistons, which also means that replacing it will cost more.

Application Insights

  • Sedan & Hatchback: Sedan and hatchback vehicles are lightweight and, therefore, prioritize fuel efficiency. As a result, they typically use 1 or 2-piston calipers.
  • SUV: SUV application types frequently need stronger brakes because of their greater weight and dimensions. Two- and multi-piston calipers may be more widely used in this target market segment.

Regional Insight:

Regional Insights - Automobile Front Caliper Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Automobile Front Caliper Market Regional Insights

  • North America market is estimated to witness enormous demand for luxury and high-performance cars due to the local populace's high standard of living and high discretionary income, which has accelerated the growth of the aftermarket brake calipers market in this region.
  • The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to the increasing disposable income of the population, the expanding auto industry, the expansion of financing options for buying new cars, and numerous other factors. The leading automobile-producing nations, such as China, Japan, and India, are the primary drivers of the regional expansion.
  • The European market is expanding steadily owing to intense safety standards and a strong inclination towards high-end vehicles, which fuel the need for multi-piston caliper brake systems.
  • The Latin American market is an emerging region with an expanding middle-class category in a developing country, which could result in a rise in car ownership and a possible increase in the demand for one—and two-piston calipers.
  • Middle East & Africa market is in its developmental stages with an expanding market where performance and luxury automobiles are the main focus, possibly opening up a market for multi-piston calipers.

Report Scope:

Attribute

Details

Market Size 2024

US$ 9.8 billion

Projected Market Size 2034

US$ 13.6 billion

CAGR Growth Rate

3.6%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - 1 Piston Caliper, 2 Piston Caliper, and Multi-Piston Caliper

By Application - Sedan & Hatchback, and SUV

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the Automobile Front Caliper Market report based on type, application, and region:

Automobile Front Caliper Market, By Type:

  • 1 Piston Caliper
  • 2 Piston Caliper
  • Multi-Piston Caliper

Automobile Front Caliper Market, By Application:

  • Sedan & Hatchback
  • SUV

Automobile Front Caliper Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Automobile Front Caliper Market Key Players

The key players operating the Automobile Front Caliper Market include ZF TRW Automotive Holdings, Continental AG, Akebono, Brembo, Aisin, Bosch, Mando, APG, Nissin Kogyo, and Knorr-Bremse.

Global Automobile Front Caliper Market Key Issues Addressed

  • In January 2024, BLT, a top metal additive manufacturing (AM) business, was instrumental in the design and manufacture of calipers and caliper brackets for XPeng Motors and XPeng AEROHT, the company's subsidiary for which their collaborative efforts began in 2022.
  • In June 2023, Continental's innovative Green Caliper reduces brake dust and energy consumption, making it suitable for electric vehicles (EVs) using both regenerative and conventional braking systems.
  • In September 2023, Continental announced that it would expand its line of aftermarket ATE electronic parking brake calipers between 2016 and 2021 to accommodate more than 5 million vehicle identification numbers (VIO), including well-known European manufacturers like BMW, Volkswagen, Audi, and Volvo.
  • In September 2022, Knorr-Bremse AG, a German brake system manufacturer, debuted a new Active Caliper Release (ACR) at Germany's Automechanika 2022 trade event. The company produces brake systems for both rail and automobile applications. The new pneumatic Synact® disc brake the company offers will function with this.

Global Automobile Front Caliper Market Company Profile

  • ZF TRW Automotive Holdings*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Continental AG
  • Akebono
  • Brembo
  • Aisin
  • Bosch
  • Mando
  • APG
  • Nissin Kogyo
  • Knorr-Bremse

"*" marked represents similar segmentation in other categories in the respective section.

Global Automobile Front Caliper Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • 1 Piston Caliper
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • 2 Piston Caliper
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Multi-Piston Caliper
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Sedan & Hatchback
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • SUV
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • ZF TRW Automotive Holding
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Continental AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Akebobo
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Brembo
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Aisin
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bosch
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mando
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • APG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nissin Kogyo
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Knorr-Bremse
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

 

FAQs

The Automobile Front Caliper Market is segmented into Type, Application, and Region.

Key drivers include the growth of the automotive industry, demand for high-performance vehicles, and advancements in braking system technologies.

Restraints may include cost considerations, challenges in retrofitting older vehicle models, and potential issues related to standardization across different automotive manufacturers.

Global regions considered are North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is expected to dominate, driven by the growth of the automotive market, particularly in countries like China and India.

The key players operating the target market includes, ZF TRW Automotive Holdings,Continental AG,Akebono,Brembo,Aisin,Bosch,Mando,APG,Nissin Kogyo,Knorr-Bremse