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Global Ceramic Brakes Market Size, Share, Trends, Forecast: By Rotor Type: Drilled, Slotted; By Vehicle Type: Passenger Cars, Commercial Vehicles; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Global Ceramic Brakes Market Outlook
The global ceramic brakes market is expected to grow at a CAGR of 5.90% between 2024 and 2032. The market is being driven by the thriving automotive sector and the increasing applications of ceramic brakes in luxury and high-performance vehicles.
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Key Trends in the Market
A ceramic brake refers to a braking system in which the brake pads are made from ceramic. Copper fibres are embedded into the ceramic brake pads to increase the friction, thereby, decelerating the vehicle. Ceramic brakes are dense and durable with a high capacity of heat transfer and are also very quiet.
- Ceramic brakes provide noise-free rides, hence, stringent regulations by multiple governments aimed towards reducing noise pollution are favouring the ceramic brakes market. In addition, the changing preference of customers towards quieter driving experiences is leading to a heightened incorporation of ceramic brakes in automobiles.
- The increasing applications of ceramic brakes in luxury vehicles and high-performance vehicles is a driving factor of the market. Luxury vehicles are witnessing a heightened demand, owing to the expansion of popular automotive brands and increasing purchasing power of the population.
- The transportation sector is likely to generate a significant demand for ceramic brakes in the coming years, due to greater spending on reliable braking systems to improve safety and facilitate efficient delivery of cargo and goods. Accordingly, the thriving transportation sector is anticipated to fuel the ceramic brakes market growth.
- As compared to traditional braking systems, ceramic brakes are lighter and more resistant to wear. Growing research and development activities by automotive manufacturers aimed towards producing lightweight automobiles, are expected to bolster the ceramic brakes market growth in the future.
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Market Analysis
Based on rotor type, the market is segmented into drilled and slotted. On the basis of vehicle type, the market is classified into passenger cars and commercial vehicles. The regional markets for ceramic brakes are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global ceramic brakes market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Brembo SGL Carbon Ceramic Brakes (Brembo SpA)
- Federal-Mogul Corporation
- SGL Group
- Akebono Brake Industry Co. Ltd.
- Midland Brakes Limited
- Others
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Market Share by Vehicle Type
The passenger cars segment, based on vehicle type, accounts for a healthy share of the ceramic brakes market. This can be attributed to the longer lifespan of ceramic brakes compared to their counterparts, less wear and tear to brake rotors, and low amounts of brake dust; all factors which improves customer satisfaction. In addition, ceramic brakes are void of noticeable dust, thereby, bolstering the aesthetic appeal of the vehicle. Over the forecast period, the anticipated increase in spending towards car maintenance, supported by rising disposable income and increasing vehicle ownership, is likely to bolster the growth of this segment. Moreover, quieter traveling is facilitated by ceramic brakes which further enhance the comfort of the customers, hence, bolstering the usage of ceramic brakes in passenger cars.
Market Share by Region
Geographically, Europe is expected to be a fast-growing region in the market for ceramic brakes, supported by increasing demand for luxury cars with ceramic brakes, frequent rainfall, and strong presence of automotive manufacturers. Ceramic brakes function better than their counterparts during slippery weather conditions, such as rain, due to which they are preferred for enhanced safety. In Europe, countries like the United Kingdom, Germany, and France, among others receive rainfall frequently, hence, a greater emphasis on securing brakes is being witnessed in the region to prevent accidents. With a strong foothold of major automotive component manufacturers across this region, there is a steady demand for ceramic brakes, providing lucrative opportunities to the market.
Competitive Landscape
Brembo SGL Carbon Ceramic Brakes (Brembo SpA), established in 2003 and headquartered in Stezzano, Italy, is a leading automotive company which designs, develops, and manufactures braking systems composing of discs. The braking systems manufactured by this company are actively installed in high-performance cars. The product portfolio of this company includes carbon ceramic brakes, ceramic composite materials, and ceramic wafer, among others.
Federal-Mogul Corporation is a renowned corporation which develops, manufactures, and supplies components related to automotive, commercial, aerospace, marine, rail, agriculture, and power generation, among others. Founded in 1899, it is a subsidiary of Apollo Global Management, and is currently headquartered in Michigan, United States. The automotive components manufactured by this company are distributed for use in heavy duty trucks, construction vehicles, and light trucks, among others.
SGL Group is a prominent chemicals company which is also one of the leading producers of downstream products of carbon. This company caters to the demands of various sectors including automotive, aerospace, energy storage, and semiconductor, manufacturing fine quality graphite specialities and carbon fibres. It was founded in 1992 and is headquartered in Wiesbaden, Germany.
Other market players include Akebono Brake Industry Co. Ltd., and Midland Brakes Limited, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Rotor Type |
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| Breakup by Vehicle Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Application
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Ceramic Brakes Market Analysis
8.1 Key Industry Highlights
8.2 Global Ceramic Brakes Historical Market (2018-2023)
8.3 Global Ceramic Brakes Market Forecast (2024-2032)
8.4 Global Ceramic Brakes Market by Rotor Type
8.4.1 Drilled
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Slotted
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Ceramic Brakes Market by Vehicle Type
8.5.1 Passenger Cars
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Commercial Vehicles
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Ceramic Brakes Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Ceramic Brakes Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Ceramic Brakes Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Ceramic Brakes Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Ceramic Brakes Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Ceramic Brakes Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Brembo SGL Carbon Ceramic Brakes (Brembo SpA)
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Federal-Mogul Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 SGL Group
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Akebono Brake Industry Co. Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Midland Brakes Limited
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Ceramic Brakes Market: Key Industry Highlights, 2018 and 2032
2. Global Ceramic Brakes Historical Market: Breakup by Rotor Type (USD Million), 2018-2023
3. Global Ceramic Brakes Market Forecast: Breakup by Rotor Type (USD Million), 2024-2032
4. Global Ceramic Brakes Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
5. Global Ceramic Brakes Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
6. Global Ceramic Brakes Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Ceramic Brakes Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Ceramic Brakes Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Ceramic Brakes Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Ceramic Brakes Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Ceramic Brakes Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Ceramic Brakes Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Ceramic Brakes Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Ceramic Brakes Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Ceramic Brakes Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Ceramic Brakes Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Ceramic Brakes Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Ceramic Brakes Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 5.90% in the forecast period of 2024 and 2032.
The increasing preferences of customers towards noise-free rides, rising applications of ceramic brakes in luxury and high-performance vehicles, and thriving transportation sector are the major drivers of the market.
The key trends in the market include the growing research and development activities by the automotive manufacturers aimed towards producing lightweight vehicles and increasing affordability of passenger cars among the working population.
Drilled and slotted are the different rotor types in the market.
Passenger cars and commercial vehicles are the significant vehicle types in the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions of the market.
Yes, ceramic brakes provide excellent performance and resistance to wear which makes them effective.
Ceramic brakes are quiet, durable, and resistant to dust, wear, and tear.
A ceramic brake can last up to 100,000 km.
Brembo SGL Carbon Ceramic Brakes (Brembo SpA), Federal-Mogul Corporation, SGL Group, Akebono Brake Industry Co. Ltd., and Midland Brakes Limited, among others, are the key players in the ceramic brakes market, according to the report.
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