Automotive Carbon Ceramic Brakes Market - Overview
Braking systems that comprise brake discs made of ceramic material are primarily known as ceramic brakes. Carbon ceramic is also utilized in the manufacturing of brake pads and is considered as a premium material for brake manufacturing. Carbon ceramic brakes are made of carbon composite ceramic fibers, which consist of silicon carbide reinforced on the walls of carbon fibers.
The global automotive carbon ceramic brakes market is likely to expand significantly during the forecast period owing to numerous advantages of ceramic brakes over conventional gray cast iron brakes. Carbon ceramic brakes possess high braking efficiency and have longer lifespan, as compared to brakes of other materials. Moreover, carbon ceramic brakes are utilized in premium segment vehicles and are expected to penetrate in lower-segment vehicles during the forecast period. Carbon ceramic disc brakes are considerably lighter in weight than conventional brakes, thus it reduces the unsprung mass on the vehicle, which ultimately helps enhance the fuel economy of the vehicle. Furthermore, carbon ceramic brakes are highly expensive and generate large amount of heat, which can destroy the adjacent brake components if mounted along with a usual braking system.
Automotive Carbon Ceramic Brakes Market - Segmentation
The global automotive carbon ceramic brakes market can be segmented based on mounting, sales channel, vehicle type, and region. Based on mounting, the front carbon ceramic brakes segment is likely to hold a major share of the automotive carbon ceramic brakes market, as manufacturers provide front brakes as carbon ceramic brakes and rear brakes as conventional disc brakes. Furthermore, the front carbon ceramic brakes segment is likely to expand at a rapid pace, as compared to the rear carbon ceramic brakes segment.
In terms of sales channel, the OEM segment is likely to account for a larger share of the automotive carbon ceramic brakes market, as compared to the aftermarket segment, as aftermarket mounted carbon ceramic brakes are like to damage the other adjoining components of the brake since they generate a large amount of heat on application. Consequently, preinstalled parts of the brake that are not made from carbon ceramic cannot withstand such high temperatures. High maintenance and high installation cost of carbon ceramic brakes are likely to hamper the aftermarket segment of the automotive carbon ceramics brake market.
In terms of vehicle type, the passenger vehicle segment holds the complete share of the automotive carbon ceramic brakes market as these brakes are only mounted in super luxury or sports cars and they have not yet been manufactured for the commercial vehicles. Thus, the passenger vehicle segment is likely to expand significantly during the forecast period.
In terms of region, Europe is anticipated to hold a prominent share of the global automotive carbon ceramic brakes market, followed by Asia Pacific. Europe held a major share of the global market, as most sports car and premium vehicle manufacturers are located in the region. Furthermore, Europe is expected to maintain its dominance of the global automotive carbon ceramic brakes market for automotive during the forecast period.
Automotive Carbon Ceramic Brakes Market - Key Players
Key players operating in the global automotive carbon ceramic brakes market include Brembo S.p.A., Akebono Brake Industry Co., Ltd., SGL Group, and Carbon Ceramics Ltd.
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