Automotive Industry Today
Impact of Brake Disc Market by Manufacturers, Regions, Type and Application, Forecast to 2023
Brake Disc is the component of a disc brake against which the brake pads are applied. The material is typically grey iron, a form of cast iron. The design of the disc varies somewhat. Some are simply solid, but others are hollowed out with fins or vanes joining together the disc's two contact surfaces (usually included as part of a casting process). The weight and power of the vehicle determines the need for ventilated discs. The "ventilated" disc design helps to dissipate the generated heat and is commonly used on the more-heavily-loaded front discs.
Published 07 July 2018
Future market Analysis for Brake Disc Market Forecast to 2023
Scope of the Report:
This report focuses on the Brake Disc in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.First, as for the brake disc industry, the industry structure is relatively concentrated. The top 10 manufacturers occupied 73% of market share. The top five manufacturers are Brembo, Aisin Seiki, Kiriu, Bocsh, and ZF TRW which are close to 58 per cent totally in 2015. The Brembo, which has 17.69% market share in 2015, is the leader in the brake disc industry. The manufacturers following Brembo are Aisin Seiki and Kiriu, which respectively has 16.02% and 14.07% market share in 2015.
Second, the global consumption of brake disc products rises up from 221.73 M units in 2011 to 295.94 M units in 2015, with an average annual growth rate of 6.69%.
Third, Asia is the largest production and consumption region for brake disc. China production about 23.83% and consumption about 25.05% in 2015, Asia (Ex. China) production about 18.77% and consumption about 20.15% in 2015.
Forth, the downstream industries of brake disc products are Automobile OE industry. In the recent years, with the recovery of global economic, the development of emerging countries, the enlarging expense of China automotive market, the consumption increase of brake disc will be bright.
Finally, we believe brake disc industry relatively mature and have a strong connection with the upstream raw materials. With the development automobile industry we tend to believe the future of winter tire will be optimism.
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The worldwide market for Brake Disc is expected to grow at a CAGR of roughly 5.1% over the next five years, will reach 440 million US$ in 2023, from 330 million US$ in 2017, according to a new GIR (Global Info Research) study.Market Segment by Manufacturers, this report covers
- Brembo
- Aisin Seiki
- Kiriu
- Bocsh
- ZF TRW
- Continental
- AC delco
- TEXTAR
- Winhere
- Accuride Gunite
- Remsa
- Lpr Break
- EBC Brakes
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Cast Iron
- CMC
- Market Segment by Applications, can be divided into
- Sedan
- SUV
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About Us:AlgoroReports is a part of Algororesearch Consultant Pvt. Ltd.AlgoroReports is one of the largest collections of market research reports from numerous publishers with the team of industries specialist that meet with best client requirements. Market Research is based on a research project that may also be an expansion on past work in the field. Research projects can be used to develop further knowledge on a topic, geography, culture, linguistics, and community to provide exact idea about existing market.
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Neel Patel
Manager Business Development
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neel.patel@algororeports.com
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