NEW
YORK, June 26, 2024 /PRNewswire/ -- The
global automotive carbon ceramic brake rotors market size
is estimated to grow by USD 252.8
million from 2024-2028, according to Technavio. The market
is estimated to grow at a CAGR of almost 12.62% during
the forecast period. Performance and fuel efficiency benefits of
carbon ceramic brake pads is driving market growth, with
a trend towards development of advanced curved, air
foil-shaped vanes leading to lightweight brake calipers.
However, high cost of automotive carbon ceramic brake rotors
poses a challenge. Key market players include AISIN CORP.,
Akebono Brake Industry Co. Ltd., Alcon Components Ltd., Baer Inc.,
Brembo Spa, Burg Germany GmbH, Carbon Revolution Public Ltd. Co.,
Centric Parts, DACC Carbon Co. Ltd., DIXCEL Co. Ltd., EBC Brakes,
Laizhou Santa Brake Co. Ltd., Midland Brakes Ltd., Performance
Friction Corp., Rotora, SGL Carbon SE, Shenzhen LeMyth Technology
Co. Ltd., Surface Transforms Plc, TEI Racing, and Wilwood
Engineering Inc..
![Technavio has announced its latest market research report titled Global automotive carbon ceramic brake rotors market 2024-2028 Technavio has announced its latest market research report titled Global automotive carbon ceramic brake rotors market 2024-2028](https://mma.prnewswire.com/media/2447588/Automotive_Carbon_Ceramic_Brake_Rotors_Market.jpg)
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Automotive Carbon
Ceramic Brake Rotors Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
12.62%
|
Market growth
2024-2028
|
USD 252.8
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
10.95
|
Regional
analysis
|
Europe, North America,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
Europe at
39%
|
Key
countries
|
US, Germany, UK, Italy,
and China
|
Key companies
profiled
|
AISIN CORP., Akebono
Brake Industry Co. Ltd., Alcon Components Ltd., Baer Inc., Brembo
Spa, Burg Germany GmbH, Carbon Revolution Public Ltd. Co., Centric
Parts, DACC Carbon Co. Ltd., DIXCEL Co. Ltd., EBC Brakes, Laizhou
Santa Brake Co. Ltd., Midland Brakes Ltd., Performance Friction
Corp., Rotora, SGL Carbon SE, Shenzhen LeMyth Technology Co. Ltd.,
Surface Transforms Plc, TEI Racing, and Wilwood Engineering
Inc.
|
Market Driver
The automotive brake system industry is experiencing
advancements, with a focus on lightweight and high-performance
brakes. Players, including StopTech, are investing in technologies
like AeroRotor, which increases airflow by 61% for improved
cooling. Using lightweight materials, such as aircraft-grade
aluminum, reduces kit weight by 8 pounds, enhancing vehicle
performance. The demand for carbon ceramic brake rotors is
anticipated to rise due to these innovations, contributing to
market growth.
The Automotive Carbon Ceramic Brake Rotors market is
experiencing significant growth due to the increasing demand for
high-performance vehicles. These rotors offer several advantages
over traditional brake rotors, including lighter weight, improved
thermal conductivity, and longer lifespan. Factors such as the rise
in demand for sports utility vehicles and the trend towards
electric vehicles are also driving market growth. Additionally, the
development of new manufacturing technologies and the increasing
availability of affordable options are making carbon ceramic brake
rotors more accessible to a wider range of consumers. Overall, the
market for carbon ceramic brake rotors is expected to continue
growing in the coming years.
Research report provides comprehensive data on impact of trend.
For more details- Download a Sample Report
Market Challenges
- Carbon ceramic brake rotors are high-performance, durable, and
lighter alternatives to cast iron rotors in the automotive
industry. However, their premium status is reflected in their
substantial price increase. The manufacturing process involves
advanced technologies and high-quality materials, contributing to
the high cost. Limited availability due to specialized production
also drives up prices. These factors may hinder market growth
during the forecast period.
- The Automotive Carbon Ceramic Brake Rotors market faces several
challenges. These include the high production cost due to the use
of advanced materials and complex manufacturing processes.
Additionally, the high initial investment required for the
production setup is a significant barrier to entry for new players.
Furthermore, the market is highly competitive with established
players dominating the market share. Consumers also prefer the
longevity and performance of carbon ceramic rotors but are deterred
by their high price point. Lastly, the regulatory environment is
constantly evolving, with new emissions standards and safety
regulations adding to the complexity of the market.
For more insights on driver and
challenges - Request a sample report!
Segment Overview
This automotive carbon ceramic brake rotors market report
extensively covers market segmentation by
- Application
- 1.1 Passenger cars
- 1.2 Commercial vehicles
- Type
- 2.1 Drilled rotors
- 2.2 Slotted rotors
- Geography
- 3.1 Europe
- 3.2 North America
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Passenger cars- The passenger car segment is
a key market for automotive carbon ceramic brake rotors. These
rotors, made from carbon fiber-reinforced ceramic matrix
composites, offer superior braking performance, longevity, and
weight reduction. High-performance and luxury car manufacturers,
such as Porsche and Ferrari, use these rotors for their exceptional
stopping power and reduced unsprung mass. Carbon ceramic rotors
also have a longer lifespan and contribute to improved fuel
efficiency, making them a cost-effective and eco-friendly choice
for consumers. The demand for passenger cars equipped with these
advanced braking systems is expected to grow significantly during
the forecast period.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
The Automotive Carbon Ceramic Brake Rotors Market encompasses
high-performance materials, including carbon ceramic, that are
increasingly adopted in the aerospace and automotive sectors for
their exceptional properties. These materials offer superior
durability, heat resistance, and corrosion resistance, making them
ideal for demanding applications such as aerospace braking and drag
racing. Carbon ceramic rotors are manufactured using a combination
of resins, powders, and fibers. Shortfiber discs and longfiber
discs are two common types of carbon ceramic rotors, each with
unique advantages. Shortfiber discs provide excellent wear
resistance and thermal performance, while longfiber discs offer
superior braking performance and longevity. Consumer preferences
for high-performance braking systems continue to drive the adoption
rate of carbon ceramic rotors in the automotive sector. These
rotors offer significant benefits over traditional aluminum
composite rotors, including improved reliability, reduced brake
fade, and enhanced braking performance. Overall, the carbon ceramic
brake rotors market is poised for continued growth due to the
increasing demand for high-performance vehicles and the desire for
improved braking systems.
Learn and explore more about Technavio's in-depth research
reports
The global automotive lighting market is experiencing
significant growth due to advancements in vehicle technology and
increasing demand for enhanced safety features. Key factors driving
this market include the rising adoption of LED and OLED
technologies, which offer energy efficiency and longer lifespan.
Additionally, the surge in electric vehicle production and
stringent government regulations for road safety are propelling
market expansion. Major players are focusing on innovative lighting
solutions, such as adaptive lighting and laser headlights, to gain
a competitive edge. The market's growth trajectory is further
supported by consumer preferences for stylish and customizable
lighting options in vehicles.
Market Research Overview
The Automotive Carbon Ceramic Brake Rotors market refers to the
production and sale of carbon ceramic brake rotors for use in
automobiles. These rotors offer superior performance compared to
traditional cast iron rotors, providing enhanced braking power,
lighter weight, and greater durability. The market for carbon
ceramic brake rotors is driven by the increasing demand for
high-performance vehicles and the growing trend towards lighter and
more efficient components in automotive design. Factors such as the
high cost of production and the limited availability of raw
materials used in manufacturing carbon ceramic rotors may hinder
market growth. The market for carbon ceramic brake rotors is
segmented by vehicle type, technology, and region. The technology
segment includes ceramic composite and carbon fiber reinforced
ceramic materials. The market for carbon ceramic brake rotors is
expected to grow steadily in the coming years due to the increasing
demand for high-performance vehicles and the ongoing trend towards
lighter and more efficient automotive components.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Passenger Cars
- Commercial Vehicles
- Type
-
- Drilled Rotors
- Slotted Rotors
- Geography
-
- Europe
- North America
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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