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Wheel Mounted Brake Discs-Global Market Insights and Sales Trends 2024
Synopsis
Wheel-mounted brake discs, also known simply as brake discs or rotors, are crucial components of a vehicle's braking system. They are circular metal discs that are mounted directly onto the wheel hubs of a vehicle. When the brakes are applied, the brake pads clamp onto the spinning brake discs to create friction, which in turn slows down or stops the vehicle.
The global Wheel Mounted Brake Discs market size is expected to reach US$ 2962.4 million by 2029, growing at a CAGR of 6.0% from 2023 to 2029. The market is mainly driven by the significant applications of Wheel Mounted Brake Discs in various end use industries. The expanding demands from the Freight Wagons, Passenger Wagons, High Speed Rail and Locomotive, are propelling Wheel Mounted Brake Discs market. Grey Cast Iron Axle-mounted Brake Discs, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Steel Axle-mounted Brake Discs segment is estimated at % CAGR for the next seven-year period.
Advanced Materials: There was a trend toward the use of advanced materials for brake discs, especially in high-performance and luxury vehicles. Carbon-ceramic composite brake discs were gaining popularity due to their superior heat resistance, reduced weight, and enhanced performance.
Performance Enhancement: Consumers were seeking improved braking performance, leading to demand for higher-quality brake discs. This trend was evident in the popularity of slotted and drilled brake discs, which are designed to enhance heat dissipation and reduce the risk of brake fade.
Aftermarket Customization: The aftermarket segment for brake discs was growing, with consumers seeking aftermarket options to upgrade their vehicle's braking system. Aftermarket brake discs offered a range of designs, materials, and performance characteristics to cater to individual preferences.
Hybrid and Electric Vehicles: The increasing adoption of hybrid and electric vehicles presented opportunities for innovation in brake disc design. These vehicles often use regenerative braking systems, which influence brake disc wear patterns and requirements.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wheel Mounted Brake Discs, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wheel Mounted Brake Discs market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wheel Mounted Brake Discs market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wheel Mounted Brake Discs sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wheel Mounted Brake Discs covered in this report include Knorr-Bremse, Wabtec Corporation, Kovis d.o.o., Akebono Brake, SIM IMPEX GmbH, Tedrail, HANNING & KAHL, Escorts Group and CRCC, etc.
The global Wheel Mounted Brake Discs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Knorr-Bremse
Wabtec Corporation
Kovis d.o.o.
Akebono Brake
SIM IMPEX GmbH
Tedrail
HANNING & KAHL
Escorts Group
CRCC
Global Wheel Mounted Brake Discs market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wheel Mounted Brake Discs market, Segment by Type:
Grey Cast Iron Axle-mounted Brake Discs
Steel Axle-mounted Brake Discs
Aluminum Axle-mounted Brake Discs
Global Wheel Mounted Brake Discs market, by Application
Freight Wagons
Passenger Wagons
High Speed Rail
Locomotive
Subway/Light Rail
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wheel Mounted Brake Discs manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wheel Mounted Brake Discs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Wheel-mounted brake discs, also known simply as brake discs or rotors, are crucial components of a vehicle's braking system. They are circular metal discs that are mounted directly onto the wheel hubs of a vehicle. When the brakes are applied, the brake pads clamp onto the spinning brake discs to create friction, which in turn slows down or stops the vehicle.
The global Wheel Mounted Brake Discs market size is expected to reach US$ 2962.4 million by 2029, growing at a CAGR of 6.0% from 2023 to 2029. The market is mainly driven by the significant applications of Wheel Mounted Brake Discs in various end use industries. The expanding demands from the Freight Wagons, Passenger Wagons, High Speed Rail and Locomotive, are propelling Wheel Mounted Brake Discs market. Grey Cast Iron Axle-mounted Brake Discs, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Steel Axle-mounted Brake Discs segment is estimated at % CAGR for the next seven-year period.
Advanced Materials: There was a trend toward the use of advanced materials for brake discs, especially in high-performance and luxury vehicles. Carbon-ceramic composite brake discs were gaining popularity due to their superior heat resistance, reduced weight, and enhanced performance.
Performance Enhancement: Consumers were seeking improved braking performance, leading to demand for higher-quality brake discs. This trend was evident in the popularity of slotted and drilled brake discs, which are designed to enhance heat dissipation and reduce the risk of brake fade.
Aftermarket Customization: The aftermarket segment for brake discs was growing, with consumers seeking aftermarket options to upgrade their vehicle's braking system. Aftermarket brake discs offered a range of designs, materials, and performance characteristics to cater to individual preferences.
Hybrid and Electric Vehicles: The increasing adoption of hybrid and electric vehicles presented opportunities for innovation in brake disc design. These vehicles often use regenerative braking systems, which influence brake disc wear patterns and requirements.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wheel Mounted Brake Discs, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wheel Mounted Brake Discs market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wheel Mounted Brake Discs market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wheel Mounted Brake Discs sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wheel Mounted Brake Discs covered in this report include Knorr-Bremse, Wabtec Corporation, Kovis d.o.o., Akebono Brake, SIM IMPEX GmbH, Tedrail, HANNING & KAHL, Escorts Group and CRCC, etc.
The global Wheel Mounted Brake Discs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Knorr-Bremse
Wabtec Corporation
Kovis d.o.o.
Akebono Brake
SIM IMPEX GmbH
Tedrail
HANNING & KAHL
Escorts Group
CRCC
Global Wheel Mounted Brake Discs market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wheel Mounted Brake Discs market, Segment by Type:
Grey Cast Iron Axle-mounted Brake Discs
Steel Axle-mounted Brake Discs
Aluminum Axle-mounted Brake Discs
Global Wheel Mounted Brake Discs market, by Application
Freight Wagons
Passenger Wagons
High Speed Rail
Locomotive
Subway/Light Rail
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wheel Mounted Brake Discs manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wheel Mounted Brake Discs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Wheel Mounted Brake Discs Market Overview
1.1 Wheel Mounted Brake Discs Product Overview
1.2 Wheel Mounted Brake Discs Market Segment by Type
1.2.1 Grey Cast Iron Axle-mounted Brake Discs
1.2.2 Steel Axle-mounted Brake Discs
1.2.3 Aluminum Axle-mounted Brake Discs
1.3 Global Wheel Mounted Brake Discs Market Size by Type
1.3.1 Global Wheel Mounted Brake Discs Market Size Overview by Type (2018-2029)
1.3.2 Global Wheel Mounted Brake Discs Historic Market Size Review by Type (2018-2023)
1.3.3 Global Wheel Mounted Brake Discs Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wheel Mounted Brake Discs Sales Breakdown by Type (2018-2023)
1.4.2 Europe Wheel Mounted Brake Discs Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Wheel Mounted Brake Discs Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Wheel Mounted Brake Discs Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Wheel Mounted Brake Discs Sales Breakdown by Type (2018-2023)
2 Global Wheel Mounted Brake Discs Market Competition by Company
2.1 Global Top Players by Wheel Mounted Brake Discs Sales (2018-2023)
2.2 Global Top Players by Wheel Mounted Brake Discs Revenue (2018-2023)
2.3 Global Top Players by Wheel Mounted Brake Discs Price (2018-2023)
2.4 Global Top Manufacturers Wheel Mounted Brake Discs Manufacturing Base Distribution, Sales Area, Product Type
2.5 Wheel Mounted Brake Discs Market Competitive Situation and Trends
2.5.1 Wheel Mounted Brake Discs Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Wheel Mounted Brake Discs Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wheel Mounted Brake Discs as of 2022)
2.7 Date of Key Manufacturers Enter into Wheel Mounted Brake Discs Market
2.8 Key Manufacturers Wheel Mounted Brake Discs Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Wheel Mounted Brake Discs Status and Outlook by Region
3.1 Global Wheel Mounted Brake Discs Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Wheel Mounted Brake Discs Historic Market Size by Region
3.2.1 Global Wheel Mounted Brake Discs Sales in Volume by Region (2018-2023)
3.2.2 Global Wheel Mounted Brake Discs Sales in Value by Region (2018-2023)
3.2.3 Global Wheel Mounted Brake Discs Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Wheel Mounted Brake Discs Forecasted Market Size by Region
3.3.1 Global Wheel Mounted Brake Discs Sales in Volume by Region (2024-2029)
3.3.2 Global Wheel Mounted Brake Discs Sales in Value by Region (2024-2029)
3.3.3 Global Wheel Mounted Brake Discs Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Wheel Mounted Brake Discs by Application
4.1 Wheel Mounted Brake Discs Market Segment by Application
4.1.1 Freight Wagons
4.1.2 Passenger Wagons
4.1.3 High Speed Rail
4.1.4 Locomotive
4.1.5 Subway/Light Rail
4.2 Global Wheel Mounted Brake Discs Market Size by Application
4.2.1 Global Wheel Mounted Brake Discs Market Size Overview by Application (2018-2029)
4.2.2 Global Wheel Mounted Brake Discs Historic Market Size Review by Application (2018-2023)
4.2.3 Global Wheel Mounted Brake Discs Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Wheel Mounted Brake Discs Sales Breakdown by Application (2018-2023)
4.3.2 Europe Wheel Mounted Brake Discs Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Wheel Mounted Brake Discs Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Wheel Mounted Brake Discs Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Wheel Mounted Brake Discs Sales Breakdown by Application (2018-2023)
5 North America Wheel Mounted Brake Discs by Country
5.1 North America Wheel Mounted Brake Discs Historic Market Size by Country
5.1.1 North America Wheel Mounted Brake Discs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Wheel Mounted Brake Discs Sales in Volume by Country (2018-2023)
5.1.3 North America Wheel Mounted Brake Discs Sales in Value by Country (2018-2023)
5.2 North America Wheel Mounted Brake Discs Forecasted Market Size by Country
5.2.1 North America Wheel Mounted Brake Discs Sales in Volume by Country (2024-2029)
5.2.2 North America Wheel Mounted Brake Discs Sales in Value by Country (2024-2029)
6 Europe Wheel Mounted Brake Discs by Country
6.1 Europe Wheel Mounted Brake Discs Historic Market Size by Country
6.1.1 Europe Wheel Mounted Brake Discs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Wheel Mounted Brake Discs Sales in Volume by Country (2018-2023)
6.1.3 Europe Wheel Mounted Brake Discs Sales in Value by Country (2018-2023)
6.2 Europe Wheel Mounted Brake Discs Forecasted Market Size by Country
6.2.1 Europe Wheel Mounted Brake Discs Sales in Volume by Country (2024-2029)
6.2.2 Europe Wheel Mounted Brake Discs Sales in Value by Country (2024-2029)
7 Asia-Pacific Wheel Mounted Brake Discs by Region
7.1 Asia-Pacific Wheel Mounted Brake Discs Historic Market Size by Region
7.1.1 Asia-Pacific Wheel Mounted Brake Discs Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Wheel Mounted Brake Discs Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Wheel Mounted Brake Discs Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Wheel Mounted Brake Discs Forecasted Market Size by Region
7.2.1 Asia-Pacific Wheel Mounted Brake Discs Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Wheel Mounted Brake Discs Sales in Value by Region (2024-2029)
8 Latin America Wheel Mounted Brake Discs by Country
8.1 Latin America Wheel Mounted Brake Discs Historic Market Size by Country
8.1.1 Latin America Wheel Mounted Brake Discs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Wheel Mounted Brake Discs Sales in Volume by Country (2018-2023)
8.1.3 Latin America Wheel Mounted Brake Discs Sales in Value by Country (2018-2023)
8.2 Latin America Wheel Mounted Brake Discs Forecasted Market Size by Country
8.2.1 Latin America Wheel Mounted Brake Discs Sales in Volume by Country (2024-2029)
8.2.2 Latin America Wheel Mounted Brake Discs Sales in Value by Country (2024-2029)
9 Middle East and Africa Wheel Mounted Brake Discs by Country
9.1 Middle East and Africa Wheel Mounted Brake Discs Historic Market Size by Country
9.1.1 Middle East and Africa Wheel Mounted Brake Discs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Wheel Mounted Brake Discs Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Wheel Mounted Brake Discs Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Wheel Mounted Brake Discs Forecasted Market Size by Country
9.2.1 Middle East and Africa Wheel Mounted Brake Discs Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Wheel Mounted Brake Discs Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Knorr-Bremse
10.1.1 Knorr-Bremse Company Information
10.1.2 Knorr-Bremse Introduction and Business Overview
10.1.3 Knorr-Bremse Wheel Mounted Brake Discs Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Knorr-Bremse Wheel Mounted Brake Discs Products Offered
10.1.5 Knorr-Bremse Recent Development
10.2 Wabtec Corporation
10.2.1 Wabtec Corporation Company Information
10.2.2 Wabtec Corporation Introduction and Business Overview
10.2.3 Wabtec Corporation Wheel Mounted Brake Discs Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Wabtec Corporation Wheel Mounted Brake Discs Products Offered
10.2.5 Wabtec Corporation Recent Development
10.3 Kovis d.o.o.
10.3.1 Kovis d.o.o. Company Information
10.3.2 Kovis d.o.o. Introduction and Business Overview
10.3.3 Kovis d.o.o. Wheel Mounted Brake Discs Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Kovis d.o.o. Wheel Mounted Brake Discs Products Offered
10.3.5 Kovis d.o.o. Recent Development
10.4 Akebono Brake
10.4.1 Akebono Brake Company Information
10.4.2 Akebono Brake Introduction and Business Overview
10.4.3 Akebono Brake Wheel Mounted Brake Discs Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Akebono Brake Wheel Mounted Brake Discs Products Offered
10.4.5 Akebono Brake Recent Development
10.5 SIM IMPEX GmbH
10.5.1 SIM IMPEX GmbH Company Information
10.5.2 SIM IMPEX GmbH Introduction and Business Overview
10.5.3 SIM IMPEX GmbH Wheel Mounted Brake Discs Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SIM IMPEX GmbH Wheel Mounted Brake Discs Products Offered
10.5.5 SIM IMPEX GmbH Recent Development
10.6 Tedrail
10.6.1 Tedrail Company Information
10.6.2 Tedrail Introduction and Business Overview
10.6.3 Tedrail Wheel Mounted Brake Discs Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Tedrail Wheel Mounted Brake Discs Products Offered
10.6.5 Tedrail Recent Development
10.7 HANNING & KAHL
10.7.1 HANNING & KAHL Company Information
10.7.2 HANNING & KAHL Introduction and Business Overview
10.7.3 HANNING & KAHL Wheel Mounted Brake Discs Sales, Revenue and Gross Margin (2018-2023)
10.7.4 HANNING & KAHL Wheel Mounted Brake Discs Products Offered
10.7.5 HANNING & KAHL Recent Development
10.8 Escorts Group
10.8.1 Escorts Group Company Information
10.8.2 Escorts Group Introduction and Business Overview
10.8.3 Escorts Group Wheel Mounted Brake Discs Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Escorts Group Wheel Mounted Brake Discs Products Offered
10.8.5 Escorts Group Recent Development
10.9 CRCC
10.9.1 CRCC Company Information
10.9.2 CRCC Introduction and Business Overview
10.9.3 CRCC Wheel Mounted Brake Discs Sales, Revenue and Gross Margin (2018-2023)
10.9.4 CRCC Wheel Mounted Brake Discs Products Offered
10.9.5 CRCC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wheel Mounted Brake Discs Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Wheel Mounted Brake Discs Industrial Chain Analysis
11.4 Wheel Mounted Brake Discs Market Dynamics
11.4.1 Wheel Mounted Brake Discs Industry Trends
11.4.2 Wheel Mounted Brake Discs Market Drivers
11.4.3 Wheel Mounted Brake Discs Market Challenges
11.4.4 Wheel Mounted Brake Discs Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wheel Mounted Brake Discs Distributors
12.3 Wheel Mounted Brake Discs Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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