Product Code: ETC362010 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Automotive Brake Caliper Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 11.94% in 2025, the growth rate steadily ascends to 13.21% in 2029.
By 2027, Vietnam's Automotive Brake Caliper market is forecasted to achieve a high growth rate of 13.16%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
In Vietnam, the automotive brake caliper market is a crucial segment of the broader automotive industry. As road infrastructure improves and the number of vehicles on the road increases, there is a growing focus on vehicle safety and performance. Brake calipers are a vital component in the braking system, and their quality directly impacts vehicle safety. Both OEMs (original equipment manufacturers) and aftermarket suppliers are active in this market, offering a range of brake caliper products. The market is characterized by a growing demand for disc brakes, driven by the shift towards better braking performance and durability. Additionally, there is an increasing preference for lightweight and high-performance brake calipers, which presents opportunities for technological advancements and innovation in this sector.
The Vietnam Automotive Brake Caliper market is witnessing growth, primarily attributed to the increasing awareness of road safety and stricter regulations. With a rising number of vehicles on the road, there`s a heightened emphasis on improving braking systems. Advanced brake calipers offer enhanced performance, reducing the risk of accidents. Moreover, the growing trend of electric and hybrid vehicles in Vietnam is pushing the market for innovative and lightweight brake calipers to improve energy efficiency.
The automotive brake caliper market in Vietnam faces challenges concerning safety and quality standards. Ensuring the safety of vehicles is paramount, and brake calipers play a crucial role. Local manufacturers must adhere to stringent quality control measures to meet international standards. Competition from imported brake calipers can be intense, and cost considerations may impact domestic production.
The automotive brake caliper market in Vietnam experienced challenges during the pandemic. With a slowdown in vehicle production and reduced consumer spending, the demand for brake calipers declined. Automotive manufacturers and suppliers faced difficulties in maintaining operations, including the production of brake components. As the automotive industry gradually recovered, the market started to stabilizer.
In the Vietnam automotive brake caliper market, several leading players have established a strong presence. One prominent company is Bosch Automotive Vietnam, a subsidiary of the renowned Bosch Group. Bosch Automotive Vietnam manufactures high-quality brake calipers and other automotive components, catering to both the domestic and export markets. Another key player is Akebono Brake Industry Co., Ltd., which has a significant share in the market due to its advanced brake caliper technologies and a wide range of product offerings.