Product Code: CMI2794
The global automotive carbon ceramic brakes market is estimated to be valued at US$ 458.4 Mn in 2024 and is expected to reach US$ 815.3 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.6% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 458.4 Mn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
8.60% |
2031 Value Projection: |
US$ 815.3 Mn |
Figure. Automotive Carbon Ceramic Brakes Market Share (%), By Region 2024
The global automotive carbon ceramic brakes market has been growing steadily over the past decade owing to factors such as increasing demand for high-performance vehicles and emphasis on vehicle weight reduction. Carbon ceramic brakes help reduce weight significantly when compared with conventional cast iron brakes, thereby improving fuel efficiency. Additionally, carbon ceramic brakes are capable of withstanding much higher temperatures without the degradation of components. Owing to properties such as less ablation, higher hardness, and corrosion resistance, carbon ceramic brake discs and pads are increasingly being adopted by automakers for sports, supercars, and luxury vehicles classes. Advancements in materials research and manufacturing technologies have made carbon ceramic brakes more cost-effective in recent years, expanding their application scope across mid-range performance vehicles.
Market Dynamics:
The key drivers fueling the automotive carbon ceramic brakes market include the growing demand for luxury and high-performance vehicles globally and stringent emission regulations pushing automakers to reduce vehicle curb weight. The rising purchasing power of consumers in developing nations is also supporting the market growth. However, high material and manufacturing costs continue to limit the widespread adoption of carbon ceramic brakes. Ongoing R&D towards developing affordable variants through innovations such as slim engineering and revised manufacturing techniques can help address this challenge. Additionally, the increasing preference for electric vehicles worldwide presents an opportunity for carbon ceramic brakes makers to tap into the growing EV market segment considering their suitability for weight-critical EVs.
Key Features of the Study:
- This report provides in-depth analysis of the global automotive carbon ceramic brakes market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global automotive carbon ceramic brakes market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Akebono Brake Industry Co., Ltd., Aisin Seiki co. ltd., Alcon Components Ltd., Apollo Automobil GmbH (Gumpert), BREMBO S.p.A., BRABUS GmbH, Baer Inc., Burg Germany GmbH, Carroll Shelby International, Inc., Federal mogul Corp., Ferrari N.V., Fusion brakes LLC, MAT Foundry Group Ltd., Surface Transforms PLC, and SGL Group.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global automotive carbon ceramic brakes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive carbon ceramic brakes market.
Detailed Segmentation:
- By Vehicle Type
- By Sales Channel
- By Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Key Players Insights
- Akebono Brake Industry Co., Ltd.
- Aisin Seiki co. ltd.
- Alcon Components Ltd.
- Apollo Automobil GmbH (Gumpert)
- BREMBO S.p.A.
- BRABUS GmbH
- Baer Inc.
- Burg Germany GmbH
- Carroll Shelby International, Inc.
- Federal mogul Corp.
- Ferrari N.V.
- Fusion brakes LLC
- MAT Foundry Group Ltd.
- Surface Transforms PLC
- SGL Group
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Vehicle Type
- Market Snippet, By Sales Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
4. Global Automotive Carbon Ceramic Brakes Market, By Vehicle Type, 2019-2031 (US$ Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Passenger Cars
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
- LCV
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
- HCV
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
5. Global Automotive Carbon Ceramic Brakes Market, By Sales Channel, 2019-2031 (US$ Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- OEM
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
- Aftermarket
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
6. Global Automotive Carbon Ceramic Brakes Market, By Region, 2019-2031 (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- North America
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2019-2031 (US$ Mn)
- Market Size and Forecast, By Sales Channel, 2019-2031 (US$ Mn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Europe
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2019-2031 (US$ Mn)
- Market Size and Forecast, By Sales Channel, 2019-2031 (US$ Mn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- U.K.
- Germany
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2019-2031 (US$ Mn)
- Market Size and Forecast, By Sales Channel, 2019-2031 (US$ Mn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2019-2031 (US$ Mn)
- Market Size and Forecast, By Sales Channel, 2019-2031 (US$ Mn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2019-2031 (US$ Mn)
- Market Size and Forecast, By Sales Channel, 2019-2031 (US$ Mn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- South Africa
- GCC Countries
- Rest of the Middle East & Africa
7. Competitive Landscape
- Company Profiles
- Akebono Brake Industry Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Aisin Seiki co. ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Alcon Components Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Apollo Automobil GmbH (Gumpert)
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- BREMBO S.p.A.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- BRABUS GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Baer Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Burg Germany GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Carroll Shelby International, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Federal mogul Corp.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Ferrari N.V.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Fusion brakes LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- MAT Foundry Group Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Surface Transforms PLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- SGL Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
8. Wheel of Fortune
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
9. Reference and Research Methodology
- References
- Research Methodology
- About us and Sales Contact