Global Automotive (Cars, Motorcycles, Commercial Vehicles, Racing) High Performance Braking System Market
Global Automotive (Cars, Motorcycles, Commercial Vehicles, Racing) High Performance Braking System Market, By Brake Component: Discs, Calipers, Brake Pad, Rotor; By Material: Carbon Ceramic, Aluminum; By End-user: OEM, Aftermarket; By Vehicle Type: Cars, Motorbikes, Commercial Vehicles and Racing Vehicles: Research, Analysis, Insights, Size, Growth and Forecast through 2016-2025
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Automotive high performance braking system is a modern technology braking system. A brake is a kind of mechanical device which absorbs the energy from a moving system thus resulting in slowing or stopping of the vehicle. The stopping of the vehicle is done by means of friction. The brake caliper is brought together to the master cylinder through hoses, valves and tubes which helps in passing of the brake fluid through the system. As engine power increases, there is a rise in demand in the market of braking system thus augmenting the growth of high performance braking system. Due to higher speed of vehicles high performance brakes are required which could stop the vehicle in proper time. Disc brake, hydraulic brakes are examples of automotive high performance braking system. In case of disc brake, brake calipers are used to firmly press pairs of pad against the disc, due to which friction is created and thus results in either decreasing of the rotational speed of the wheel or to hold it stationary. Disc brakes are more easily cooled and also offer better performance than drum brakes. Further down, hydraulic brakes is also a kind of high performance braking mechanism which uses brake fluid to transfer pressure from controlling mechanism to braking mechanism.
High performance braking system is widely used in racing cars and has also become a part of high-end sport cars. High performance brake pad has good friction level and can maintain this level of performance throughout the entire braking cycles. Automotive high performance brake system works effectively under load and heat conditions thus having good durability.
Notable industry movements:
For any moving vehicle brakes is the most critical component. With the rise in demand of luxury vehicles there is also a rise in demand for high performance brakes as they can bear heat generation. High performance braking being a new advancement in braking system which is basically based on adaptive technology is expected to huge market potential during the forecast period. This braking system type inherits of double floating brake caliper in the front axle that reduces the transfer of heat to the brake fluid and in the rear axle braking is done by means of sliding frame type caliper. Moreover the high performance braking system which is usually lightweight and durable also has a feature to wipe off the film of water present on the brake discs. Recently, Ford chooses Brembo for the high performance braking system for its iconic Ford GT model. The Ford GT model is equipped with carbon ceramic brake rotors with high performance brake pads both in the front and rear wheels. With high performance at elevated temperatures these brakes are comparatively lightweight than the weight of cast-iron discs. Moreover, with greater scope of customization, these brakes also offer the customers a choice of five caliper colors. Novitech is also providing superior braking solution with carbon ceramic brake shoe for Tesla X model. Further, the growing popularity of automotive racing events in the developing countries boosted the growth of high performance braking system market.
However, with this there is a downside with high performance braking technology. Majorly, the problem is rising cost of automotive Original Equipment Manufacturers (OEM) which stands out to be major restrains of the market.
By Brake Component
· Brake Pad
By Vehicle Type
· Commercial Vehicles
· Carbon Ceramic
By End-User Market
· Original Manufacturer Equipment (OEM)
· North America
· Asia Pacific
· Rest of World
Geographical framework and growth trend:
By geography, automotive high performance braking system market is segmented into North America, Europe, Asia-Pacific, EMEA and rest of the world. Majorly, North America is expected to influence over the automotive high performance braking system market during the forecast period. Presence of several high end sports cars and many racing circuits in this region has augmented the growth of automotive high performance braking system in this region.
On a global basis, key leaders operating this automotive high performance braking system market are BERINGER SAS, Brembo S.p.A., Continental AG, EBC Brakes, Novitech, StopTech among others.
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