One trend in the market is carbon ceramics brake rotors: Performance brake rotors.
The analysts forecast global automotive brake rotors market to grow at a CAGR of 3.12% during the period 2017-2021.
Advanced braking systems not only help in stopping or slowing the vehicle, but also help the drivers in the overall safety by integrating other driver assisted technologies. The braking technologies are lighter, faster, and smarter as compared with earlier braking systems, which were heavier and space consuming.
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Major key players in the global automotive brake rotors market: Aisin Seiki, Brembo, Bosch, EBC Brakes, Federal-Mogul, SGL Group, and Surface Transforms, AKEBONO BRAKE INDUSTRY, ATE, Baer, Centric Parts, Nakamoto, Rotora, TRW Automotive, UQuality Automotive Products, and Wilwood Engineering.
According to the automotive brake rotors market report, one driver in the market is increasing volume sales of automobiles in global market. The global automotive market is witnessing an increase in demand and volume sales for passenger cars, especially from emerging countries (like China, Brazil, and India), which have registered significant economic growth and offer elevated purchasing power.
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The developed regions such as North America and Europe are also contributing to the overall growth of the automotive industry, with a high proportion of luxury sedans and performance vehicles. Growth in emerging markets, with ongoing industrialization and global trade activity, especially in BRIC countries, has been vigorous.
Further, the automotive brake rotors market report states that one challenge in the market is expensive replacement cost of brake rotors. Disc brake systems provide high efficiency and help achieve greater stopping distance.
However, disc brakes cost more than the traditional drum brakes, not only in terms of brake systems but also in terms of mode of operations, through which the brakes work. While operating electronic braking systems, an additional sensor needs to be installed on each wheel.
Once the sensors are in place, a high amount of precise calculation is needed, which adds to the additional cost. In case, if any sensors break or do not work properly, the replacement cost would be up to another $1,000, which increases the overall costs involved.
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Few Points from List of Exhibits:
Exhibit 1: Parent Market
Exhibit 2: Global Automotive Brake Rotors Market
Exhibit 3: Market Characteristics
Exhibit 4: Market Segments
Exhibit 5: Market Definition - Inclusions and Exclusions Checklist
Exhibit 6: Market Size 2016
Exhibit 7: Validation Techniques Employed For Market Sizing 2016
Exhibit 8: Global Market Size and Forecast 2016-2021 (Millions of Units)
Exhibit 9: Global Year-Over-Year Growth 2017-2021 (%)
Exhibit 10: Five Forces Analysis
Exhibit 11: Global Automotive Brake Rotors by Rotor Type Market Share 2016-2021 (%)
Exhibit 12: Comparison by Rotor Type
Exhibit 13: Smooth Rotor Market Size and Forecast 2016-2021 (Millions of Units)
Exhibit 14: Smooth Rotor Year-Over-Year Growth 2017-2021 (%)
Exhibit 15: Slotted Rotor Market Size and Forecast 2016-2021 (Millions of Units)
Exhibit 16: Slotted Rotor Year-Over-Year Growth 2017-2021 (%)
Exhibit 17: Drilled Rotors Market Size and Forecast 2016-2021 (Millions of Units)
Exhibit 18: Drilled Rotors Year-Over-Year Growth 2017-2021 (%)
Exhibit 19: Market Opportunity by Rotor Type
Exhibit 20: Global Market Share by Geography 2016-2021 (%)