Automotive Carbon Ceramic Brake Rotors Market to grow by USD 255.03 million from 2022 to 2027 | Market is fragmented due to the presence of prominent companies like AISIN CORP., Alcon Components Ltd. and Brembo Spa, and many more – Technavio

NEW YORK, Nov. 27, 2023 /PRNewswire/ — The automotive carbon ceramic brake rotors market is estimated to grow by USD 255.03 million from 2022 to 2027, growing at a CAGR of 13.74%. The automotive carbon ceramic brake rotors market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer automotive carbon ceramic brake rotors market are AISIN CORP., Alcon Components Ltd., Brembo Spa, Centric Parts, Freeman Automotive UK Ltd., SGL Carbon SE, Shenzhen LeMyth Technology Co. Ltd., Akebono Brake Industry Co. Ltd., Baer Inc., Burg Germany GmbH, CARBON REVOLUTION LTD., DACC Carbon Co. Ltd., DIXCEL Co.,Ltd., LAIZHOU SANTA BRAKE CO., LTD, Midland Brakes Ltd., Performance Friction Corp., Rotora, Surface Transforms Plc, TEI Racing, and Wilwood Engineering Inc. The report provides a full list of key companies, their strategies, and the latest developments. Download a Free Sample before buying

Company Offering:

AISIN CORP. – The company offers automotive carbon ceramic brake rotors such as ultra-premium brake pads, disc brake rotors, and brake master cylinders.Alcon Components Ltd. – The company offers automotive carbon ceramic brake rotors such as 6-pot brake caliper, and 10-pot brake caliper and their categories.Brembo Spa – The company offers brakes of its own brand for other brands like Aston Martin, Bentley, and others.For details on companies and their offerings – Buy the report!

By Geography, the market is classified as Europe, North America, APAC, South America, and Middle East and Africa. Europe will have the largest share of the market with a 41% contribution to the global market growth. Various factors such as technological advancements, growing demand for high-performance vehicles, and stringent regulations favoring the reduction of carbon emissions drive the European market growth. The adoption of carbon ceramic brake rotors plays an important role in the strict regulations and environmental policies in Europe. Download a free sample report to get more insights on the market share of various regions and the contribution of the segments.

Impactful driver- Performance and fuel efficiency benefits of carbon ceramic brake padsKey Trend – Development of advanced curved, airfoil-shaped vanes leading to lightweight brake calipersMajor Challenges – Relatively high cost of ownership and incompatibility for everyday driving

 Market Segmentation

The passenger cars segment is significant during the forecast period. Superior braking performance, longevity, and reduced weight are some of the advantages that have made carbon ceramic brake rotors increasingly popular among high-performance and luxury passenger car manufacturers. Lightweight carbon ceramic rotors enhance fuel efficiency, thus reducing the carbon footprint of passenger cars equipped with these brakes.

Technavio Research experts have provided more insights on the market share of segments – View a Free Sample Report

Related Reports:
The automotive brake pad market size is estimated to grow at a CAGR of 7.29% between 2023 and 2028. The market size is forecast to increase by USD 5,720.34 million.

The silicon carbide fiber market size is expected to increase by USD 775 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 18.1%.

TOC:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by Type

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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 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.

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SOURCE Technavio