Automotive Carbon Ceramic Brake Market Report 2024

The automotive carbon ceramic brake market size has grown rapidly in recent years. It will grow from $0.83 billion in 2023 to $0.93 billion in 2024 at a compound annual growth rate (CAGR) of 11%. During the historic period, growth was driven by the expanding utilization of aerospace technology in automotive brakes, rising consumer demand for enhanced vehicle performance and weight reduction, increasing popularity of high-end and luxury vehicles, and higher investments in research and development.

The automotive carbon ceramic brake market size is expected to see rapid growth in the next few years. It will grow to $1.41 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. Looking ahead to the forecast period, growth will be fueled by heightened efforts to improve performance and efficiency, escalating regulatory pressures favoring environmental sustainability, growing consumer preference for premium vehicle features, advancements in braking technology enhancing both cost-effectiveness and performance, and the increasing adoption of electric and hybrid vehicles. Key trends in the forecast period include greater integration in electric and hybrid vehicles, increasing emphasis on autonomous driving technology, advancements in materials science, heightened focus on safety and performance, and growing demand in emerging markets.

The automotive carbon ceramic brake market is poised for growth driven by the expanding adoption of these brakes in sports cars and luxury vehicles. Sports cars are designed for high performance, emphasizing speed and agility, while luxury vehicles prioritize comfort, quality, and advanced features. Increased consumer demand for high-performance and status-enhancing automobiles is contributing to the rising adoption of both types of vehicles. Carbon ceramic brakes in these vehicles offer superior braking performance, durability, and reduced weight, enhancing overall efficiency and driving experience. For example, in January 2024, vehicle sales in the luxury segment in Europe increased by 63% compared to 2021, according to the International Council on Clean Transportation. This growth underscores the increasing popularity of high-end vehicles equipped with advanced braking technologies.

Leading companies in the automotive carbon ceramic brake market are focusing on innovative lightweight braking systems, including technologies such as brake skins, to provide durable solutions suitable for extreme conditions. Brake skins are lightweight components known for their superior braking performance, high thermal conductivity, and durability in high-performance automotive applications. For instance, Inspeed Technology (Shenzhen) Co., Ltd., launched a new carbon ceramic brake disc in February 2023. This disc offers benefits such as low weight, high strength, excellent heat resistance (up to 1400 degrees Fahrenheit), and a long service life exceeding 300,000 kilometers. It is designed to work seamlessly with various multi-piston brake calipers, enhancing vehicle dynamics and safety by providing high friction coefficients in both dry and wet conditions, ensuring reliable handling and shorter braking distances.

In February 2023, Tex Tech Industries, a US-based manufacturer specializing in high-performance materials, purchased a manufacturing plant in California from SGL Carbon GmbH for an undisclosed sum. This acquisition is part of Tex Tech's strategy to capitalize on its advanced manufacturing capabilities and cater to rising customer demands in the rapidly expanding automotive and commercial aerospace industries. SGL Carbon GmbH, headquartered in Germany, is renowned for its production of carbon and graphite products, including carbon ceramic brake systems used in automotive applications.

Major companies operating in the automotive carbon ceramic brake market are Honeywell International Inc., Aisin Seiki Co Ltd, Brembo SpA, Akebono Brake Industry Co Ltd, SGL Carbon GmBH, Miba AG, StopTech LLC, Carbo Ceramics Ltd, MAT Foundry Group Ltd, Apollo Automobil GmbH, Performance Friction Corporation (PFC Brakes), Wilwood Engineering, Carbon Revolution Limited, Hitco Carbon Composites Inc., EBC Brakes, AP Racing Ltd, Baer Inc, Surface Transforms PLC, Sparta Evolution, Disc Brakes Australia (DBA), Rotora Inc, Tarox Srl.

North America was the largest region in the automotive carbon ceramic brake market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive carbon ceramic brake market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive carbon ceramic brake market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Automotive carbon ceramic brakes represent high-performance braking systems crafted from a composite material primarily comprising carbon fiber and ceramic. These brakes are engineered to offer superior stopping power, durability, and heat resistance compared to traditional metal or cast iron brake systems.

The main varieties of automotive carbon ceramic brakes include single disc and multiple disc configurations. They utilize short fiber discs and long fiber discs. These brakes find application in passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs), distributed through original equipment manufacturers (OEMs), original equipment suppliers (OESs), and the independent aftermarket (IAM).

The automotive carbon ceramic brake market research report is one of a series of new reports that provides dried mushrooms market statistics, including automotive carbon ceramic brake industry global market size, regional shares, competitors with a automotive carbon ceramic brake market share, detailed automotive carbon ceramic brake market segments, market trends and opportunities, and any further data you may need to thrive in the automotive carbon ceramic brake industry. This automotive carbon ceramic brake market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive carbon ceramic brakes market consists of sales of high-performance braking systems, including brake discs, pads, calipers, and complete brake systems, made from a carbon fiber and ceramic composite. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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