Automotive Brake Caliper Market Overview
Growth of the automotive industry is likely to be the major driver for the global Automotive Brake Caliper Market Share over the forecast period. The growing demand for high specifications on everyday passenger vehicles is likely to be a key driver for technological development in the Automotive Brake Caliper Market Share over the forecast period, leading to steady growth of the market in the coming years.
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Leading players in the global Automotive Brake Caliper Market Share include Japan Brake Industrial Co. Ltd., Budweg Caliper A/S, BWI Group, AbeBrakes, ATL Industries, Robert Bosch, Apec Braking, ACDelco, Mando Corporation, Brembo S.p.A., WABCO, ZF Friedrichshafen, Continental AG, Aisin Seiki Co. Ltd., and Akebono Brake Industry Co. Ltd.
The global Automotive Brake Caliper Market Share is segmented based on product type, material, vehicle type, sales channel, and region.
On the basis of product type, the global Automotive Brake Caliper Market Share has been segmented into fixed and floating brake caliper.
On the basis of sales channel, the global market has been divided into OEM and aftermarket.
Asia Pacific is likely to dominate the global COVID-19 Impact over the forecast period due to the growing automotive production in the region and the growing demand for product advancements in automotive technology. The growing demand for high-spec passenger cars in the region is also likely to be a key driver for the Automotive Brake Caliper Market Share over the forecast period. The rapid urbanization in this region has also resulted in an increasing emphasis on driver safety, which has led to increased attention on the safety attributes of various automotive components, including brake calipers. This is likely to be a key driver for the Automotive Brake Caliper Market Share in Asia Pacific over the forecast period.
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