Carbon-ceramic Discs Market Analysis and Latest Trends
Carbon-ceramic discs are high-performance braking systems used in high-end vehicles and racing cars. These discs are made from a combination of carbon fiber and ceramic materials, resulting in superior performance, durability, and heat resistance compared to traditional steel discs.
The Carbon-ceramic Discs Market is expected to grow at a CAGR of 7.4% during the forecast period. The market growth can be attributed to the increasing demand for high-performance vehicles, growing automotive industry, and advancements in technology. Additionally, the rising focus on reducing vehicle weight and improving fuel efficiency is driving the adoption of carbon-ceramic discs in vehicles.
One of the latest trends in the Carbon-ceramic Discs Market is the development of lightweight and durable carbon-ceramic discs that offer better braking performance and longevity. Manufacturers are focusing on innovation and research to enhance the properties of carbon-ceramic discs and meet the evolving consumer demands. Moreover, the increasing adoption of electric vehicles is expected to create new opportunities for carbon-ceramic disc manufacturers, as these vehicles require advanced braking systems to handle high-speeds and regenerative braking.
Get a Sample PDF of the Report: https://www.reliableresearchreports.com/enquiry/request-sample/1764671
Carbon-ceramic Discs Major Market Players
The carbon-ceramic discs market is highly competitive with several key players dominating the industry. One of the leading players in the market is Brembo SGL Carbon Ceramic Brakes, which is a joint venture between Brembo and SGL Carbon. The company offers high-performance carbon ceramic brake systems for various automotive applications. Brembo SGL Carbon Ceramic Brakes has continued to expand its product offerings and has seen significant growth in recent years.
Another key player in the market is AP Racing, a UK-based company that specializes in high-performance brake and clutch systems. AP Racing has a strong global presence and is known for its innovative technology and high-quality products. The company has experienced steady growth in the market and is expected to continue to expand in the future.
The market size of the carbon-ceramic discs industry is projected to grow steadily in the coming years, driven by the increasing demand for high-performance brake systems in the automotive sector. The market size is expected to reach USD 1.8 billion by 2028, with a compound annual growth rate (CAGR) of 6.5%.
As for the sales revenue of some of the key players in the market, Brembo SGL Carbon Ceramic Brakes reported sales revenue of USD 700 million in 2020, while AP Racing reported sales revenue of USD 400 million in the same year. These companies are expected to see further growth in sales revenue as the demand for carbon-ceramic discs continues to rise.
What Are The Key Opportunities For Carbon-ceramic Discs Manufacturers?
The global market for carbon-ceramic discs is expected to witness significant growth in the coming years due to increasing demand from the automotive industry, particularly in high-performance and luxury vehicles. The market is projected to expand at a CAGR of around 6% during the forecast period, with Europe and North America leading the market in terms of revenue. The growth can be attributed to the superior performance, durability, and lightweight properties of carbon-ceramic discs compared to traditional steel discs. Research and development efforts aimed at further enhancing the properties of carbon-ceramic discs are expected to drive market growth in the future.
Inquire or Share Your Questions If Any Before Purchasing This Report:https://www.reliableresearchreports.com/enquiry/pre-order-enquiry/1764671
Market Segmentation
The Carbon-ceramic Discs Market Analysis by types is segmented into:
Carbon-ceramic discs are popular in automotive braking systems due to their performance and durability. Two common types of carbon-ceramic discs are drilled and slotted discs. Drilled discs have holes drilled into the surface to aid in heat dissipation and reduce braking fade. Slotted discs have grooves or slots cut into the surface to improve brake bite and reduce pad glazing. Both types offer improved braking performance and longevity compared to traditional steel discs, making them a popular choice for high-performance and racing vehicles.
Purchase this Report: https://www.reliableresearchreports.com/purchase/1764671
The Carbon-ceramic Discs Market Industry Research by Application is segmented into: