Automotive Brake Caliper Market Size (2024 - 2029)

The automotive brake caliper market is projected to experience growth due to increasing vehicle safety concerns, the rising adoption of disc brakes, and stringent government regulations. The market's expansion is further supported by advancements in technology and materials, such as the shift towards lightweight and composite materials for electric and hybrid vehicles. Regulatory standards, including the upcoming Euro 7 emission regulations and new Federal Motor Vehicle Safety Standards, are driving the adoption of advanced braking systems. As consumer awareness of safety features grows, the demand for vehicles equipped with sophisticated safety systems is expected to enhance the market's growth trajectory.

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Market Size of Automotive Brake Caliper Industry

Automotive Brake Caliper Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 9.97 Billion
Market Size (2029) USD 13.5 Billion
CAGR (2024 - 2029) 3.80 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific

Major Players

Automotive Brake Caliper Market Major Players

*Disclaimer: Major Players sorted in no particular order

Automotive Brake Caliper Market Analysis

The Automotive Brake Caliper Market size is estimated at USD 9.97 billion in 2024, and is expected to reach USD 13.5 billion by 2029, growing at a CAGR of greater than 3.80% during the forecast period (2024-2029).

The demand for the automotive brake caliper market is mainly attributed to increasing concerns toward vehicle safety, growing adoption of disc brakes in vehicles over drum brakes, governments' vehicle safety norms, and growth in global vehicle production. These factors are anticipated to boost the market's growth during the forecast period.

Considering the scenario, brake caliper manufacturers are adopting advanced technologies. In June 2023, Continental developed a brake caliper that reduces brake dust and meets the brake dust regulations, as Euro 7 emission regulations are scheduled to come into effect from July 2025.

Selecting the correct replacement brake linings is an important component in the overall safety of the vehicle. The gradual shift toward lightweight and composite materials to produce lighter electric and hybrid vehicles and develop advanced braking systems for upcoming vehicles are expected to boost the market's growth. Government regulations and standards have mainly contributed toward the adoption of brake calipers in vehicle safety modules.

In June 2023, the National Highway Safety Administration proposed a new Federal Motor Vehicle Safety Standard. It directs that light vehicles should require automatic emergency braking (AEB) systems, including pedestrian AEB (PAEB).

The FMVSS standards are designed to ensure that new vehicles can stop within a certain distance, which is necessary for safe driving. Currently, FMVSS 135 and 126 standards are applied to new cars and most vehicles on the road. Compared to the earlier FMVSS 105 standard, FMVSS 135 requires ~25% reduction in pedal effort for the same stopping distance.

The Euro 7 emission standards, set to take effect in July 2025, are described as the most stringent regulations, extending beyond traditional tailpipe emissions to encompass electric vehicles (EVs). Reports indicate that these upcoming regulations will, for the first time, govern the quantity of brake dust produced and the release of microplastics from tire wear.

As consumers are gaining awareness about advanced safety features and technologies, companies are also focusing on manufacturing vehicles with advanced safety systems. This factor may boost the market's growth during the forecast period.

Automotive Brake Caliper Industry Segmentation

An automotive brake caliper is a mechanical component in a vehicle's braking system responsible for applying pressure to the brake pads, thereby squeezing them against the rotor to generate friction and facilitate vehicle deceleration or stopping.

The automotive brake caliper market is segmented by vehicle type, caliper type, piston material, end user, and geography. By caliper type, the market is segmented into fixed and floating/sliding. By vehicle type, the market is segmented into passenger cars, commercial vehicles, and two-wheelers. By piston materials, the market is segmented into aluminum, steel, titanium, and phenolics. By end user, the market is segmented into OEM and aftermarket. By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.

For each segment, market sizing and forecasts were done on the basis of value (USD).

By Vehicle Type
Passenger Cars
Commercial Vehicles
Two-wheelers
By Caliper Type
Fixed
Floating/Sliding
By Piston Material Type
Aluminum
Steel
Titanium
Phenolics
By End User
OEM
Aftermarket
By Geography
North America
United States
Canada
Rest of North America
Europe
Germany
United Kingdom
France
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
South America
Middle East and Africa
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Automotive Brake Caliper Market Size Summary

The automotive brake caliper market is poised for significant growth, driven by increasing vehicle safety concerns, the shift from drum to disc brakes, and stringent government safety regulations. The market is also benefiting from the rise in global vehicle production and the adoption of advanced technologies by manufacturers. Innovations such as Continental's development of a brake caliper that reduces brake dust in anticipation of the Euro 7 emission regulations highlight the industry's focus on meeting regulatory standards. The transition towards lightweight and composite materials, particularly in the production of electric and hybrid vehicles, is expected to further propel market expansion. Additionally, the proposed Federal Motor Vehicle Safety Standards in the United States, which mandate automatic emergency braking systems, underscore the growing emphasis on advanced safety features, thereby boosting the demand for brake calipers.

Regionally, Asia-Pacific is anticipated to dominate the automotive brake caliper market, driven by major automotive producers like India, China, and Japan. The region's growth is supported by increasing disposable incomes, a burgeoning automotive industry, and enhanced access to vehicle financing. The market is characterized by a consolidation of established players who are leveraging strategies such as new product launches and collaborations to maintain their competitive edge. Notable developments include the introduction of advanced brake calipers by companies like Neotech and Brembo, as well as the expansion of product ranges by Continental and Apec Automotive. These advancements, coupled with the growing demand for high-performance and low-carbon-emitting vehicles, are expected to sustain the market's upward trajectory during the forecast period.

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Automotive Brake Caliper Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

      1. 1.1.1 Increasing Concerns Toward Vehicle Safety

    2. 1.2 Market Restraints

      1. 1.2.1 Development of Efficient and Cost-effective Braking Alternatives to Disc Brakes

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Vehicle Type

      1. 2.1.1 Passenger Cars

      2. 2.1.2 Commercial Vehicles

      3. 2.1.3 Two-wheelers

    2. 2.2 By Caliper Type

      1. 2.2.1 Fixed

      2. 2.2.2 Floating/Sliding

    3. 2.3 By Piston Material Type

      1. 2.3.1 Aluminum

      2. 2.3.2 Steel

      3. 2.3.3 Titanium

      4. 2.3.4 Phenolics

    4. 2.4 By End User

      1. 2.4.1 OEM

      2. 2.4.2 Aftermarket

    5. 2.5 By Geography

      1. 2.5.1 North America

        1. 2.5.1.1 United States

        2. 2.5.1.2 Canada

        3. 2.5.1.3 Rest of North America

      2. 2.5.2 Europe

        1. 2.5.2.1 Germany

        2. 2.5.2.2 United Kingdom

        3. 2.5.2.3 France

        4. 2.5.2.4 Rest of Europe

      3. 2.5.3 Asia-Pacific

        1. 2.5.3.1 India

        2. 2.5.3.2 China

        3. 2.5.3.3 Japan

        4. 2.5.3.4 South Korea

        5. 2.5.3.5 Rest of Asia-Pacific

      4. 2.5.4 Rest of the World

        1. 2.5.4.1 South America

        2. 2.5.4.2 Middle East and Africa

Automotive Brake Caliper Market Size FAQs

The Automotive Brake Caliper Market size is expected to reach USD 9.97 billion in 2024 and grow at a CAGR of greater than 3.80% to reach USD 13.5 billion by 2029.

In 2024, the Automotive Brake Caliper Market size is expected to reach USD 9.97 billion.

Automotive Brake Caliper Market Report Snapshots

Automotive Brake Caliper Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)