Global Automotive Carbon ceramic Brake Rotors Market

Global Automotive 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% during the forecast period.

 

The Global Automotive Carbon ceramic Brake Rotors market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global Automotive Carbon ceramic Brake Rotors report also provides trends by market segments, technology, and investment with a competitive landscape.

 

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Global Automotive Carbon ceramic Brake Rotors Market

Global Automotive Carbon ceramic Brake Rotors Market Overview:

 

Carbon ceramic is a high-performance material comprised of resin, powders, and fibers and used in aerospace braking systems since the 1980s. Weakening of brakes rotors by excessive use of the braking system and high friction is eliminated by carbon-ceramic brake rotors owing to the high durability of carbon and high heat resistance capacity of carbon rotors even at high speeds. Furthermore, the high resistance offered by carbon-ceramic brakes to warping and unintended friction is the key factor considered to drive the growth of the market. The global automotive carbon-ceramic brake rotors market is expected to register a CAGR of approximately 4.7% during the forecast period.

Global Automotive Carbon ceramic Brake Rotors Market Dynamics:

 

Rising demand for an alternative to regular aluminum brakes and increasing demand for braking systems which endures the intense heat and variable loads at the same time are the factors considered to drive the growth of the market. Moreover, increasing adoption of carbon material as an alternative for steel and aluminium by manufacturers across the globe and increasing demand for high corrosion resistance for braking components are the key supporting factors considered to drive the automotive carbon-ceramic brake rotors market. According to OICA, Carbon materials along with their composites are expected to dominate the automotive sector during the forecast period with Y-O-Y growth of approximately 8%. In addition, increasing adoption of carbon ceramic brakes rotor in drag racing and other sports events to maintain the friction between wheels and road at a constant 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 globe is ultimately driving the growth of the carbon ceramics in the market.

 

High cost of carbon-ceramic material and variable demand in the automotive sector for the adoption of ceramics is the factors considered to restrain the growth of the automotive carbon ceramic brake rotors market. The sluggish adoption rate of the carbon-ceramic brake rotors than Steel or Aluminium composite rotors is the key factor expected to hamper the market growth during the forecast period.

 

Increasing trend for the adaptive braking system and the ever-increasing need for traction control mechanism are the factors expected to drive the market growth during the forecast period. Moreover, changing consumer preferences towards effective braking systems is the factor expected to create opportunities for emerging players in the market. E.g. ATV and F1 manufacturers are compulsified for inclusion of carbon-ceramic brake rotors to adhere to the effective performance of racing cars and minimize the risk of accidents during skidding or dragging the cars.

Global Automotive Carbon ceramic Brake Rotors Market Segment Analysis:

 

Drilled Rotors Segment is dominating the Automotive Carbon ceramic Brake Rotors Market:

 

Drilled rotors is the dominating segment in the market with approximately 65% market share. Factors attributing to the growth of the segment are better grip and more responsive braking operation provided by drilled rotors. Moreover, constant renewal of the pad friction material leads to deposition of water on the sheets and thereby disrupt the performance characteristics. Drilled rotors provide the dissipation of the water and gases from the holes to ensure the efficient responsiveness of brake liners and brake pads. Restoration of braking efficiency offered by drilled rotors by eliminating the fading of the friction material is the key factor considered to drive the growth of the segment.

Motor Sports Vehicles are leading the Automotive Carbon ceramic Brake Rotors Market:

 

The rising popularity of motorsports across the globe and increasing improvements made by race car manufacturers in impulsive braking systems are the factors considered to drive the growth of the segment in the market. Moreover, increasing trend of manufacturers towards ADAS system with additional features is the key factor attributing growth in the market. Many automotive manufacturers including Ford and Nissan are implementing the Carbon Ceramic material brakes in passenger cars also functionalize the needs of consumers with less income. In addition, the increasing popularity of supercars and other high-performance vehicles are the key supporting factor considered to drive the growth of the segment in the market. According to Association of Global Automakers, motorsports vehicles accounted for approximately 80% share in the market owing to rising demand for traction control in racing and performance improvement delivered by carbon-ceramic materials.

Product Trends in Automotive Carbon ceramic Brake Rotors market:

 

Global Automotive Carbon ceramic Brake Rotors Market 1

 

Global Automotive Carbon ceramic Brake Rotors Market 2

Impact of COVID pandemic on the Automotive Carbon ceramic Brake Rotors market:

 

Decreasing manufacturing activities in the automotive sector owing to stringent lockdown conditions and increasing prices of composite carbon and other raw materials are the factors considered to hamper the growth of the market amid pandemics. Moreover, increasing strain on inventories and distributors owing to rising demand and supply gap due to hurdles in production facilities is the factor considered to decline the automotive carbon-ceramic brake rotors market growth.

 

On the other hand, increasing trends of automation in the automotive sector post lockdown and increasing integration of transportation capabilities made by manufacturers are the factors considered to drive the growth of the Automotive Carbon-ceramic Brake Rotors market after levying of restrictions. In addition, no. of organizers including F1, Moto GP and others are restarting the racing events post lockdown and hence, demand for effective rotors are expected to adhere during the forecast period.

Global Automotive Carbon ceramic Brake Rotors Market Regional Insights:

 

Europe holds the major share in the Automotive Carbon-ceramic Brake Rotors market as the region is the dominating market of sports cars and racing cars manufacturing. Moreover, increasing integration of braking systems owing to stringent production norms is the key supporting factor considered to drive the growth of the region in the market. In addition, the well-established infrastructure of the automotive sector and the abundance of emerging players in the region are the factors expected to drive the growth of the market in the region during the forecast period. Furthermore, an increasing no. of OEMs are adding carbon-ceramic brakes in their vehicles in the region which is ultimately increasing the demand for the product in the region.

 

APAC is expected to pose as the fastest-growing region in the Automotive Carbon-ceramic Brake Rotors Market with approximately 17% market share. The increasing inclination of manufacturers towards system integration is the factor attributing to the growth in the region. Moreover, rising demand for commercial and utility vehicles owing to increasing economic growth in the region post lockdown is the key factor expected to drive the growth of the region during the forecast period. Japan holds the largest share in the market owing to increasing technological adoptions in the region.

 

North America holds a prominent share in the market owing to high technological adoptions in the automotive sector. Well-established infrastructure for the automotive sector and increasing inclination of sports cars and passenger cars driving by consumers are the factors considered to drive the growth of the market in the region. The USA holds the largest share in the market owing to the increasing inclination of manufacturers towards racing car system improvements.

 

Global Automotive Carbon ceramic Brake Rotors Market 3

 

The objective of the report is to present a comprehensive analysis of the Global Automotive Carbon ceramic Brake Rotors Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

 

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

 

The report also helps in understanding the Global Automotive Carbon ceramic Brake Rotors Market dynamics, structure by analyzing the market segments and project the Global Automotive Carbon ceramic Brake Rotors Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Automotive Carbon ceramic Brake Rotors Market make the report investor’s guide

Global Automotive Carbon ceramic Brake Rotors Market Scope: Inquire before buying

 

Global Automotive Carbon ceramic Brake Rotors Market 4

Global Automotive Carbon ceramic Brake 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 ceramic Brake 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

For More Information Vist : https://www.maximizemarketresearch.com/market-report/global-automotive-carbon-ceramic-brake-rotors-market/112185/

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