Global Automotive Disc Brake Market by Types, Applications, and Regions— Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2019–2025

The global automotive disc brake market is valued to reach USD 18 billion by 2025 and is estimated to expand at a CAGR of nearly 6.7% during the forecast period from 2020–2026. Rising in number of road accidents is boosting the requirement for advanced braking systems, which in turn, is fueling the growth of the market.

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Market Overview

Increasing imposition of rigid safety regulations
Rising awareness regarding the safety
Surging number of road accidents
Growing demand for and sale of vehicles
Lack of skilled workers
Limited standardized protocols for the development of brakes
Development and launch of technologically advanced electric-mechanical systems

Market Trends

On October, 26, 2019, Meritor, Ltd., a US-based manufacturer of automobile components, announced the launch of a next-generation single-piston EX+LS air disc brake, designed and engineered for line hauls and trailers. These brakes offer safety, efficiency, and weight reduction. These brakes have been developed with superior taper ware control to cater to the wear criteria of twin-piston brakes.

The large-diameter of the EX+LS air disc brakes integrate the piston and pusher plates to decrease the taper wear and enhance the stability to evenly provide distributed braking force to the brake surface. The optional positive pad retraction is designed specifically to decrease brake drag, increase life of the pad, and retain friction couple running clearance. These breaks accompany an optional pad wear warning indicators that aid in service predictability.