Global Automotive Carbon Brake Rotor Market Report and Forecast 2024-2032

Global Automotive Carbon Brake Rotor Market Outlook

The global automotive carbon brake rotor market size is expected to grow at a CAGR of 7.20% between 2024 and 2032. The market is being driven by the thriving transportation sector and heightened demand for automotive carbon brake rotors in cars, buses, and trucks.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Key Trends in the Market

Automotive brake rotors are components of the braking system of automotives that are fixed in a wheel and convert kinetic energy into thermal energy in order to de-accelerate the vehicle. Automotive carbon brake rotors are a type of rotors which can endure large amounts of heat that are generated upon braking vehicles; hence, they are used in high performance vehicles. 

• The automotive carbon brake rotor market is being driven by the heightened demand for them in cars, buses, and trucks to improve the productivity of transportation and increase the comfort of the driver.

• The growing interest in motor vehicle sports among youth is a major trend of the market, fuelling the application of automotive carbon brake rotor to ensure safety and security of the drivers in un-favourable terrains.

• Growing research and development activities by the leading automotive manufacturers aimed towards producing lightweight and fuel-efficient automobiles are expected to aid the automotive carbon brake rotor market growth in the forecast period.

Opportunities and Challenges

The favourable policies of various governments aimed towards reducing the wastage of fuel and improving vehicular efficiency are likely to offer lucrative opportunities to the market for automotive carbon brake rotors as they reduce the vehicle weight. The rising demand for luxury cars, owing to the increasing standards of living across the developing nations, is further escalating the market revenue. 

However, the high costs of automotive carbon brake rotors in comparison with the conventional braking systems is likely to pose a challenge in the automotive carbon brake rotor market in the forecast period.

Market Analysis

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Based on product type, the market is segmented into carbon-carbon matrix and carbon-ceramic matrix. On the basis of application, the market is classified into passenger cars, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and motor sports vehicles, among others. The regional markets for automotive carbon brake rotors 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 following key players in the global automotive carbon brake rotor market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• SGL Group

• Wilwood Engineering, Inc.

• Brembo SpA

• Akebono Brake Industry Co., Ltd.

• Surface Transforms Plc

• Others

Market Share by Product Type

The carbon-ceramic segment, based on product type, accounts for a healthy share of the automotive carbon brake rotor market as carbon-ceramic brake rotors are witnessing a heightened demand from sports cars which is a key driving factor of this segment. Carbon-ceramics offer great advantages which bolster the overall performance of a vehicle. These include lower costs, high performance breaking under different conditions, lightweight, enhanced comfort and safety, high hardness, reduced rate of wear, and high resistance to deformation. Carbon-carbon, on the other hand, provides the strength and benefits of aluminium while reducing the weight of the vehicle. In this regard, the carbon-carbon segment is expected to witness steady growth in the forecast period. 

Market Share by Application

Based on application, the passenger cars segment accounts for a significant share in the automotive carbon brake rotor market. This can be attributed to the increasing inclination towards high-performance vehicles, rising disposable income, and growing necessity for cars to carry out routine tasks. Increasing car brand awareness among the millennials is further propelling the demand for passenger automobiles. Moreover, the rising investments towards the development of premium passenger car models with innovative crossover seats and greater comfort levels, are further providing impetus to this segment. 

Market Share by Region

At a regional level, North America accounts for a significant share in the automotive carbon brake rotor market due to the increasing demand for luxury passenger vehicles across well-established economies such as the United States. Growing mergers and collaborations of major automotive companies with aerospace firms like NASA, to solve automobile problems such as brake fade, lack of vehicle range, and lower fuel efficiency, is augmenting the market dynamics in this region. Meanwhile, Europe is expected to offer lucrative opportunities to the market owing to the strong automotive infrastructure across Germany and Italy.  

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Competitive Landscape

SGL Group is a long-standing carbon and graphite manufacturing company which caters to the diverse demands of the automotive sector. The company’s products, materials, and engineered downstream carbon and graphite products utilise their advanced expertise in automotive engineering. The company was founded in the year 1992 and is currently headquartered in Wiesbaden, Germany. 

Wilwood Engineering, Inc. is a prominent manufacturer and marketer of high-performance disk brake systems which was established in 1977 and is currently headquartered in California, United States. The company also manufactures brake systems with a combination of off-shelf and custom components. Wilwood Engineering, Inc. also produces snowmobiles, quads, and utility vehicles, among other automobiles. 

Brembo SpA is a leading automobile company which manufactures brake systems, high-performance cars and motorcycles, and innovates in automotive disk brake technologies. The company was founded in the year 1961 and is currently headquartered in Curno, Italy. Brembo SpA also manufactures race car components along with original equipment and upgrades for cars, bikes, and vans. 

Other market players include Akebono Brake Industry Co., Ltd., and Surface Transforms Plc, among others.

Key Highlights of the Report