Brake Caliper Market Size to Capture USD 14.21 Bn by 2034

Brake Caliper Market Size, Trends and Developments by 2034

Forecasts suggest that the brake caliper market will expand from USD 9.89 billion in 2024 to USD 14.21 billion by 2034, with a CAGR of 3.69% during this period. Asia Pacific leads the brake caliper market, driven by a booming automotive sector and major car brands. North America is set for the fastest growth, fueled by luxury car demand and safety regulations. Fixed brake calipers dominate for their reliability, while aluminum calipers rise due to their lightweight, durable, and eco-friendly benefits.

Brake Caliper Market Strategic Analysis & Growth Opportunities

The brake caliper market is expected to increase from USD 10.26 billion in 2025 to USD 14.21 billion by 2034, growing at a CAGR of 3.69% throughout the forecast period from 2025 to 2034.

Brake Caliper Market Size 2023 - 2034

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Introduction

The brake caliper market is a prominent segment of the automotive components industry. This industry deals in manufacturing and distribution of brake calipers around the globe. There are different types of brake calipers developed in this sector comprising of fixed brake caliper and floating brake caliper. These calipers are manufactured using several materials including steel, aluminum, titanium and some others. It is designed for numerous vehicles consisting of passenger cars and commercial vehicles. The growing sales of SUVs across the world has contributed significantly to the industrial expansion. This industry is expected to rise significantly with the growth of the automotive sector around the world.

Global Car Registration Share (2023)

  • According to the International Energy Agency, around 48% of the global sold vehicles in 2023 were SUVs.

Highlights of the Brake Caliper Market

  • Asia Pacific held the dominant share of the brake caliper market due to the rising developments in the automotive manufacturing sector coupled with presence of several automotive brands in this region.
  • North America is expected to grow with the highest CAGR due to the growing demand for luxury vehicles along with numerous government initiatives to adopt safety in vehicles.
  • The fixed brake caliper segment held the maximum share of the market due to its several benefits such as predictable braking performance, superior stopping power along with excellent heat management.
  • The aluminum segment is projected to rise with a rapid pace due to numerous advantages such as energy efficiency, recyclability, light-weight, corrosion-resistance and some others.

Brake Caliper: Stats and Figures

  • According to the McKinsey and Company, the annual sales of premium electric motorcycles in Europe is expected to reach 1 million units by 2030.
  • According to the Motor Cycle Industry Association Limited, around 3936 motorcycles were sold globally in January 2025.
  • According to the European Environment Agency, electric vehicles accounted 22.7% of new car registrations in Europe in 2023.
  • According to the Motor Industry Association, around 8059 commercial vehicles were sold in New Zealand till January 2025.

Industry Leader Announcement

In July 2024, David Hamblin, the managing director of AP Racing made an announcement stating that, “For more than 50 years, we’ve been a global leader in the development and manufacture of high-quality brake calipers for competition and performance applications. Designed at AP Racing’s state-of-the-art R&D facility in the UK, the all-new Pro Sport collection aims to set the standards in cost-effective braking performance, providing a truly competitive edge.”

Competitive Landscape

Brake Caliper Market Companies

The brake caliper market is a highly fragmented industry with the presence of numerous dominant players. Some of the prominent players in this industry consists of AKEBONO BRAKE INDUSTRY CO., LTD, Japan Brake Industrial Co., Ltd., Budweg Caliper A/S, ZF Friedrichshafen, Share, AISIN SEIKI Co., Ltd, Brembo S.p.A. and some others. These companies are constantly engaged in developing superior-quality brake calipers to maintain their dominance in this industry.

Brembo Revenue in Million Thousand (2022-23)

  • According to the annual report of Brembo, the revenue of the company in 2022 was 3620906 thousand euros that rose to 3853493 thousand euros in 2023.

Market Segmentations

By Product Type

  • Fixed Brake Caliper
  • Floating Brake Caliper

By Material

  • Cast Iron
  • Stainless Steel
  • Aluminum

By Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

By Sales Type

  • OEM
  • Aftermarket

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • Insight Code: 1549
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 20 February 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

The brake caliper market was valued at US$ 10.26 billion in 2025.

Asia Pacific dominated this industry.

The growing demand for automotives along with technological advancements in brake manufacturing sector has driven the market growth.

Some of the prominent players of this industry consists of AKEBONO BRAKE INDUSTRY CO., LTD, Japan Brake Industrial Co., Ltd., Budweg Caliper A/S, ZF Friedrichshafen, WABCO, AISIN SEIKI Co., Ltd, Brembo S.p.A. and some others.

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