GlobalAutomotive Carbon ceramic Brake Rotors Market size was valued at US$XX Mn in 2019 and expected to reach US$ XX Mn by 2019 at a CAGR of 4.7% duringthe forecast period.
The Global Automotive Carbonceramic Brake Rotors market report is a comprehensive analysis of the industry,market, and key players. The report has covered the market by demand andsupply-side by segments. The Global Automotive Carbon ceramic Brake Rotorsreport also provides trends by market segments, technology, and investment witha competitive landscape.
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Global Automotive Carbon ceramicBrake Rotors Market
Global Automotive Carbon ceramicBrake Rotors Market Overview:
Carbon ceramic is ahigh-performance material comprised of resin, powders, and fibers and used inaerospace braking systems since the 1980s. Weakening of brakes rotors byexcessive use of the braking system and high friction is eliminated bycarbon-ceramic brake rotors owing to the high durability of carbon and highheat resistance capacity of carbon rotors even at high speeds. Furthermore, thehigh resistance offered by carbon-ceramic brakes to warping and unintended frictionis the key factor considered to drive the growth of the market. The globalautomotive carbon-ceramic brake rotors market is expected to register a CAGR ofapproximately 4.7% during the forecast period.
Global Automotive Carbon ceramicBrake Rotors Market Dynamics:
Rising demand for an alternativeto regular aluminum brakes and increasing demand for braking systems whichendures the intense heat and variable loads at the same time are the factorsconsidered to drive the growth of the market. Moreover, increasing adoption ofcarbon material as an alternative for steel and aluminium by manufacturersacross the globe and increasing demand for high corrosion resistance forbraking components are the key supporting factors considered to drive theautomotive carbon-ceramic brake rotors market. According to OICA, Carbonmaterials along with their composites are expected to dominate the automotivesector during the forecast period with Y-O-Y growth of approximately 8%. Inaddition, increasing adoption of carbon ceramic brakes rotor in drag racing andother sports events to maintain the friction between wheels and road at aconstant rate is the key factor considered to drive the growth of the market.Popular racing trends including NASCAR, F1, Moto GP and others across the globeis ultimately driving the growth of the carbon ceramics in the market.
High cost of carbon-ceramicmaterial and variable demand in the automotive sector for the adoption ofceramics is the factors considered to restrain the growth of the automotivecarbon ceramic brake rotors market. The sluggish adoption rate of thecarbon-ceramic brake rotors than Steel or Aluminium composite rotors is the keyfactor expected to hamper the market growth during the forecast period.
Increasing trend for the adaptivebraking system and the ever-increasing need for traction control mechanism arethe factors expected to drive the market growth during the forecast period.Moreover, changing consumer preferences towards effective braking systems isthe factor expected to create opportunities for emerging players in the market.E.g. ATV and F1 manufacturers are compulsified for inclusion of carbon-ceramicbrake rotors to adhere to the effective performance of racing cars and minimizethe risk of accidents during skidding or dragging the cars.
Global Automotive Carbon ceramicBrake Rotors Market Segment Analysis:
Drilled Rotors Segment isdominating the Automotive Carbon ceramic Brake Rotors Market:
Drilled rotors is the dominatingsegment in the market with approximately 65% market share. Factors attributingto the growth of the segment are better grip and more responsive brakingoperation provided by drilled rotors. Moreover, constant renewal of the padfriction material leads to deposition of water on the sheets and therebydisrupt the performance characteristics. Drilled rotors provide the dissipationof the water and gases from the holes to ensure the efficient responsiveness ofbrake liners and brake pads. Restoration of braking efficiency offered by drilledrotors by eliminating the fading of the friction material is the key factorconsidered to drive the growth of the segment.
Motor Sports Vehicles are leadingthe Automotive Carbon ceramic Brake Rotors Market:
The rising popularity ofmotorsports across the globe and increasing improvements made by race carmanufacturers in impulsive braking systems are the factors considered to drivethe growth of the segment in the market. Moreover, increasing trend ofmanufacturers towards ADAS system with additional features is the key factorattributing growth in the market. Many automotive manufacturers including Fordand Nissan are implementing the Carbon Ceramic material brakes in passengercars also functionalize the needs of consumers with less income. In addition,the increasing popularity of supercars and other high-performance vehicles arethe key supporting factor considered to drive the growth of the segment in themarket. According to Association of Global Automakers, motorsports vehiclesaccounted for approximately 80% share in the market owing to rising demand fortraction control in racing and performance improvement delivered bycarbon-ceramic materials.
Product Trends in AutomotiveCarbon ceramic Brake Rotors market:
Global Automotive Carbon ceramicBrake Rotors Market 1
Global Automotive Carbon ceramicBrake Rotors Market 2
Impact of COVID pandemic on theAutomotive Carbon ceramic Brake Rotors market:
Decreasing manufacturingactivities in the automotive sector owing to stringent lockdown conditions andincreasing prices of composite carbon and other raw materials are the factorsconsidered to hamper the growth of the market amid pandemics. Moreover, increasingstrain on inventories and distributors owing to rising demand and supply gapdue to hurdles in production facilities is the factor considered to decline theautomotive carbon-ceramic brake rotors market growth.
On the other hand, increasingtrends of automation in the automotive sector post lockdown and increasingintegration of transportation capabilities made by manufacturers are thefactors considered to drive the growth of the Automotive Carbon-ceramic BrakeRotors market after levying of restrictions. In addition, no. of organizersincluding F1, Moto GP and others are restarting the racing events post lockdownand hence, demand for effective rotors are expected to adhere during theforecast period.
Global Automotive Carbon ceramicBrake Rotors Market Regional Insights:
Europe holds the major share inthe Automotive Carbon-ceramic Brake Rotors market as the region is thedominating market of sports cars and racing cars manufacturing. Moreover,increasing integration of braking systems owing to stringent production normsis the key supporting factor considered to drive the growth of the region inthe market. In addition, the well-established infrastructure of the automotivesector and the abundance of emerging players in the region are the factorsexpected to drive the growth of the market in the region during the forecastperiod. Furthermore, an increasing no. of OEMs are adding carbon-ceramic brakesin their vehicles in the region which is ultimately increasing the demand forthe product in the region.
APAC is expected to pose as thefastest-growing region in the Automotive Carbon-ceramic Brake Rotors Marketwith approximately 17% market share. The increasing inclination ofmanufacturers towards system integration is the factor attributing to thegrowth in the region. Moreover, rising demand for commercial and utilityvehicles owing to increasing economic growth in the region post lockdown is thekey factor expected to drive the growth of the region during the forecastperiod. Japan holds the largest share in the market owing to increasingtechnological adoptions in the region.
North America holds a prominentshare in the market owing to high technological adoptions in the automotivesector. Well-established infrastructure for the automotive sector andincreasing inclination of sports cars and passenger cars driving by consumersare the factors considered to drive the growth of the market in the region. TheUSA holds the largest share in the market owing to the increasing inclinationof manufacturers towards racing car system improvements.
Global Automotive Carbon ceramicBrake Rotors Market 3
The objective of the report is topresent a comprehensive analysis of the Global Automotive Carbon ceramic BrakeRotors Market to the stakeholders in the industry. The past and current statusof the industry with the forecasted market size and trends are presented in thereport with the analysis of complicated data in simple language. The reportcovers all the aspects of the industry with a dedicated study of key playersthat include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis withthe potential impact of micro-economic factors of the market have beenpresented in the report. External as well as internal factors that are supposedto affect the business positively or negatively have been analyzed, which willgive a clear futuristic view of the industry to the decision-makers.
The report also helps inunderstanding the Global Automotive Carbon ceramic Brake Rotors Market dynamics,structure by analyzing the market segments and project the Global AutomotiveCarbon ceramic Brake Rotors Market size. Clear representation of competitiveanalysis of key players by Type, price, financial position, Type portfolio,growth strategies, and regional presence in the Global Automotive Carbonceramic Brake Rotors Market make the report investor’s guide
Global Automotive Carbon ceramicBrake Rotors Market Scope: Inquire before buying
Global Automotive Carbon ceramicBrake Rotors Market 4
Global Automotive Carbon ceramicBrake Rotors Market, by Region
• North America
o US
o Canada
o Mexico
• Europe
o U.K
o France
o Germany
o Italy
o Spain
o Sweden
o CIS Countries
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o ASEAN
o Rest of Asia Pacific
• Middle East and Africa
o South Africa
o GCC Countries
o Egypt
o Nigeria
o Rest of ME&A
• South America
o Brazil
o Argentina
o Rest of South America
Global Automotive Carbon ceramicBrake Rotors Market Key Players
• Brembo S.p.A.
• Aisin Seiki co. ltd.
• Federal mogul Corp.
• SGL Group
• Akebono Brake Industry
• Fusion brakes LLC
• Surface Transforms
• Wildwood Engineering
• Alcon components Ltd.
• Baer, Inc.
• LeMyth technology co. ltd.
• Rotora
• APC Automotive Technologies LLC
• MAT foundry Group Ltd.
• Centric Parts
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