Automotive Carbon Ceramic Brake Market Analysis | 2024-2030

Market Insights

"The automotive carbon ceramic brakes market was estimated at Euro 244.8 million in 2023 and is likely to grow at a CAGR of 7.6% during 2024-2030 to reach Euro 425.9 million in 2030."

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Automotive carbon ceramic brakes are high-performance braking systems used in luxury and high-performance vehicles. They are composed of a carbon fiber-reinforced silicon carbide material, which provides exceptional braking performance and durability. These brakes offer significant advantages over traditional cast iron brakes, including lighter weight, improved heat dissipation, reduced brake fade, and enhanced braking performance, particularly under high-speed and high-temperature conditions. While initially expensive, automotive carbon ceramic brakes are favored by enthusiasts and performance-oriented drivers for their superior performance and longevity, making them a popular option in the automotive industry.

Market Dynamics

Market Drivers

The adoption of automotive carbon ceramic brakes is driven by the automotive industry's pursuit of lightweight, high-performance components, demand for improved braking performance and reliability, particularly in high-speed and high-temperature conditions, and the growing market for luxury and high-performance vehicles, where carbon ceramic brakes are often standard or optional equipment. Enthusiastics and performance-oriented drivers favor these brakes for their exceptional stopping power, durability, and longevity.

Recent Product Developments:

• In March 2020, Brembo unveiled DYATOM, a carbon ceramic brake disc designed specifically for Ford Company's GT MK II, aimed at elevating the performance of carbon ceramic brakes to unprecedented levels by blending motorsport technology with exceptional wear resistance to achieve optimal thermal performance. This innovative carbon ceramic brake promises an extended range of maximum braking power and seamlessly integrates with the new Ford GT MK II model.

Recent Market JVs and Acquisitions:

• In June 2020, Surface Transforms PLC entered a collaboration with Koenigsegg to assist in the production of their inaugural four-seater hypercar. Per the agreement, Surface Transforms plc will exclusively supply carbon ceramic brake discs for the hypercar's production.

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Segment Analysis

By Fiber State Type

"The short-fiber discs segment accounted for the largest market share."

The automotive carbon ceramic brake market is segmented into short-fiber discs and long-fiber discs. Short-fiber discs are expected to remain the larger market category during the forecast period due to their superior performance characteristics, including enhanced strength, durability, and heat resistance. These discs offer excellent thermal conductivity and mechanical properties, making them ideal for high-performance braking applications in luxury and high-performance vehicles. Additionally, short-fiber discs provide improved wear resistance and reduced brake fade compared to other fiber states, ensuring consistent and reliable braking performance even under extreme driving conditions. As a result, short-fiber discs continue to be favored by automotive manufacturers and enthusiasts alike, driving their sustained dominance in the automotive carbon ceramic brake market.

Regional Insights

"Europe accounted for the largest market share."

Europe is expected to remain the largest market for automotive carbon ceramic brakes during the forecast period. Europe has a strong automotive manufacturing base, particularly in luxury and high-performance vehicles, where carbon ceramic brakes are often standard or optional equipment. This contributes to a significant demand for carbon ceramic brakes in the region. Secondly, Europe has a large population of performance-oriented drivers and enthusiasts who value the superior braking performance, durability, and longevity offered by carbon ceramic brakes. Additionally, Europe is home to several leading carbon ceramic brake manufacturers and suppliers, providing a competitive advantage in the market. Overall, these factors contribute to Europe's continued dominance in the automotive carbon ceramic brake market. Asia-Pacific is expected to remain the fastest region in the automotive carbon ceramic brake market due to the increasing demand for luxury vehicles, rising disposable income, and the growing trend towards high-performance driving experiences in countries like China, Japan, and India.

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Key Players

The following are the key players in the automotive carbon ceramic brake market.

• Brembo SGL Carbon Ceramic Brakes S.p.A.
• Surface Transforms PLC
• Akebono Brake Industry Company Limited
• Fusion Brakes
• Carbon Ceramics Limited

Research Methodology

• This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s automotive carbon ceramic brake market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

The automotive carbon ceramic brake market is segmented into the following categories:

By Fiber State

• Short-fiber Discs
• Long-fiber Discs

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.