Global Automotive Carbon Ceramic Brake Rotors Market 2020-2024
Technavio has been monitoring the automotive carbon ceramic brake rotors market and it is poised to grow by $ 151.61 million during 2020-2024, progressing at a CAGR of 6% during the forecast period. Our reports on automotive carbon ceramic brake rotors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the performance and fuel efficiency of carbon ceramic brake pads, advanced braking systems as product differentiators, and regulations restricting brake dust formation. In addition, performance and fuel efficiency of carbon ceramic brake pads is anticipated to boost the growth of the market as well.
The automotive carbon ceramic brake rotors market analysis includes type segment and geographic landscapes.
Technavio's automotive carbon ceramic brake rotors market is segmented as below:
- Drilled rotors
- Slotted rotors
By Geographic Landscapes
- North America
- South America
This study identifies the advanced manufacturing processes incorporating lost core technology as one of the prime reasons driving the automotive carbon ceramic brake rotors market growth during the next few years. Also, development of high-performance braking systems based on adaptive braking systems, and the development of advanced curved, air foil-shaped vanes leading to lightweight brake calipers will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive carbon ceramic brake rotors market covers the following areas:
- Automotive carbon ceramic brake rotors market sizing
- Automotive carbon ceramic brake rotors market forecast
- Automotive carbon ceramic brake rotors market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive carbon ceramic brake rotors market vendors that include Akebono Brake Industry Co. Ltd., Alcon Components Ltd., APC Automotive Technologies LLC, Baer Inc., Brembo Spa, LeMyth Technology Co. Ltd., MAT Foundry Group Ltd. , Rotora, Surface Transforms Plc, and Wilwood Engineering Inc. Also, the automotive carbon ceramic brake rotors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.