Automotive Brake Calipers Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global automotive brake calipers market is anticipated to grow at a considerable CAGR of 3.6% during the forecast period (2022-2028). The government regulations regarding passenger safety concern are anticipated to drive the growth of the global automotive brake calipers market. For instance, in March 2019, the Ministry of Road Transport & Highways mandated the advanced braking systems, technologies, and performance requirements for improved road safety and reducing accidents. The provision is applied to all vehicles with 9 seats and above. Further, the new vehicles rolling out from April 2022 will have these fitted. This includes an anti-lock braking system, intelligent braking system, endurance braking requirement, and more.

The rise in road traffics accidents has been mandating automobile manufacturers to fit effective brake calipers to ensure the safety of the passengers. According to the data published by HO in 2021, road traffic injuries are the leading cause of mortalities in children and young adults aged 5-29 years and about 73.0% of all road traffic injuries occur among young males under the age of 25 years. Approximately 1.3 million mortalities occur annually as a result of road traffic crashes. More than 90.0% of the world’s fatalities on the roads occur in low – and middle-income countries. Moreover, an estimated 20 million – 50 million people suffer from non-fatal injuries, with many incurring a disability as a result of their injury. Thus, the installation of effective brake calipers is anticipated to reduce the prevalence of road traffic accidents, which in turn will drive the growth of the global automotive brake calipers market.

Looking toward the demand for automotive brake calipers, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in August 2019, Motorcar Parts of America (MPA, Inc.), had announced the strategic expansion of its automotive aftermarket brake product offerings, with the introduction of brake calipers. The launch aimed at expanding the manufacturing footprint by approximately 370,000 square feet in Tijuana, Mexico. Thus, strategic decisions by market players are anticipated to drive the growth of the global automotive brake calipers market.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Caliper Type
  • By vehicle type
  • By Piston Material
  • By End-User
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Continental AG, Brembo SpA, and Robert Bosch GmbH among others

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Automotive Brake Calipers Market Report by Segment

By Brake Type

• Fixed and
• Floating

By Vehicle Type

• Passenger Cars
• Commercial Vehicles
• Two-Wheelers

By Piston Material

• Aluminum
• steel
• Titanium
• Phenolics

By End-User

• OEM
• Aftermarket