Automotive Brake Rotors Market: Introduction
Automotive brake rotors are flat, round piece of metal, onto which brake pads are mounted on to stop the vehicle. The automotive brake rotors form a vital part of the vehicle’s braking system and are also known as discs in the automotive terms. Automotive brake rotors have witnessed substantial enhancement in the past couple of decades, wherein the rotors are developed using advanced materials
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Automotive Brake Rotors Market: Dynamics
The key driving factor of the global automotive brake rotors market comprises fast growing population, which has resulted in the growing demand for premium, as well as non-premium vehicles, across all major economies. The macroeconomic factors, such as growing urbanization, coupled with improved lifestyle and an increase in demand for safety and comfort in vehicles across many countries, is further supplementing the demand for automotive brake rotors.
The momentous rise in the sales of vehicles, owing to better fuel efficiency, low emission and enhanced braking system is highly anticipated to drive the global automotive brake rotors market. Moreover, substantial development in the Asian & European automotive sector and technological advancement in traditional braking system will create a noteworthy opportunity for the global automotive brake rotors market.
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Automotive Brake Rotors Market: Segmentation
The global automotive brake rotors market is segmented on the basis of type, sales channel, vehicle type and region.
Based on type, the global automotive brake rotors market is segmented as:
- Smooth Rotor
- Slotted Rotor
- Drilled Rotor
Based on sales channel, the global automotive brake rotors market is segmented as:
Based on the vehicle type, the global automotive brake rotors market is segmented as:
- Two Wheelers
- Passenger Cars
- Commercial Vehicle
- Electric Vehicle
- Hybrid Electric Vehicle
- Battery Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle
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Automotive Brake Rotors Market: Prominent players
Prominent players for the global automotive brake rotors market are Aisin Seiki, Brembo, Bosch, EBC Brakes, Federal-Mogul, SGL Group, Surface Transforms, Akebono Brake Industry, ATE, Baer, Centric Parts, Nakamoto, Rotora, TRW Automotive, UQuality Automotive Products, Wilwood Engineering and other key market players. The automotive brake rotors market comprises well-diversified global and regional players with global vendors dominant in the market.
The research report presents a comprehensive assessment of the automotive brake rotors market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The automotive brake rotors market report provides analysis and information according to market segments such as geographies, type, sales channel, and vehicle type.
Automotive Brake Rotors Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
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