low weighted aluminum products along superior fitment that matches OE demand is expected to drive the brake caliper
market in near future.
Vehicle manufacturing companies are relying on the suppliers who offer cost-efficient products that match automotive
regulations. Strong competition among manufacturers has affected the overall pricing trend of the product. Furthermore,
overall manufacturing capacity may lead in reduced price, which will again affect the revenue of brake caliper market.
Large-scale manufacture of brake caliper will enable brake caliper companies to reduce gap between price and emphasis
on enhancing the supply chain management of the product. Rising vehicle production worldwide, with major share from
the emerging economies is expected to increase the product demand, thereby driving brake caliper market. Rise in
customer spending power, increase in vehicles sales are few other factors that contribute to the growth of brake caliper
market.
The market is categorized on the basis of product type, sales channel, automobile type, and geography. On the basis of
product type, market is divided into floating brake calipers and fixed brake calipers. Based on sales channel, market is
divided into original equipment manufacturers (OEMs) and independent suppliers.
On the basis of automobile type, market is split into two wheelers, passenger cars, light commercial vehicles, and heavy
commercial vehicles. Geographically, market is segmented as North America, Latin America, Eastern Europe, Western
Europe, Asia Pacific, and Middle East & Africa. Owing to high standard of living and high disposable income, North
America and Europe dominates the brake caliper market.
The existing market players profiled here are Akebono Brake Corporation., ATL Industries., TRW Automotive,
Automotive Brake Engineering (ABE), Brakes International, Brembo S.p.A., Centric Parts, Continental AG, EBC
Brakes., Apec Braking, and Wilwood Engineering, Inc.
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/brake-caliper-market
Market Segment:
Key Applications
• Passenger Cars
• Commercial Vehicles
Key Regions
• North America
• Europe