The Brake Lathe Machine Market Size was esteemed at USD 30.93 million in 2022 and is supposed to arrive at USD 43.98 million by 2030 and develop at a CAGR of 4.5% over the forecast period 2023-2030.
A brake machine, otherwise called a drum brake machine and plate brake machine, is a sort of machine utilized in modern applications. Brake machine machines are utilized for lessening brake pedal development. They are, areas of strength for speedy, exact machines that are outfitted with endlessly customizable feed rates, which upgrade the general ability to convey an ideal machine.
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The ascent in the interest and deals of vehicles, all over the planet, are the primary elements liable for the development of the worldwide brake machine. The expansion in the creation of vehicles like worldwide burning (IC) vehicles and electric vehicles, presses the makers to fulfill the necessary security guideline. Consequently, this normal to build the development of vehicle brakes and increment the interest for accuracy in the brake configuration are additionally expected to impact the interest for brake machine machines, around the world.
A brake machine is an effective device for restoring commotion and vibration issues, frequently delaying the existence of stopping mechanisms. There are two sorts of brake machines. An on-vehicle machine frequently makes a solid showing, since it's introduced similarly situated as the brake caliper, fundamentally copying the development of the wheel concerning the vehicle's alignments. This gives the most potential precise reemerging. For an off-vehicle machine or seat machine, the rotor is eliminated from the vehicle and mounted to the machine. This sort of machine depends on inclining further toward its arrangement, which is effectively tossed out of spec from harm or incessant use. In the best-case scenario, a skewed machine will give only OK reemerging; even from a pessimistic standpoint, it could score or harm the rotor past the point it very well may be reemerged.
Market Dynamics
Driving Factors/Opportunities
The ascent in the interest and deals of vehicles, all over the planet.
To build the creation of vehicle brakes.
Increment the interest for accuracy in the brake plan.
Market Estimations
By Type
Based on type, the worldwide market has been sectioned into on-vehicle brake machines and off-vehicle brake machines. The on-vehicle brake machine type portion is supposed to overwhelm the worldwide market concerning worth and volume during the gauge time frame.
By Application
Based on application, the worldwide market has been portioned into light obligation, medium obligation, and substantial. The medium obligation portion is supposed to rule the worldwide market as far as both, worth and volume during the gauge time frame.
By Vehicle Type
Based on vehicle type, the worldwide market has been portioned into traveler vehicles and business vehicles. The traveler vehicle portion is supposed to overwhelm the worldwide market with regards to esteem during the estimated time frame, attributable to increment popular for traveler vehicles and severe government principles for brake creation.
By Type
On-Car Brake Lathe Machine
Off-Car Brake Lathe Machine
By Application
Light-Duty
Medium-Duty
Heavy-Duty
By Vehicle Type
Passenger Car
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Regional Analysis:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The worldwide brake machine market has been fragmented into four districts, specifically, North America, Europe, Asia-Pacific, and the remainder of the world. Asia-Pacific is supposed to hold a huge piece of the pie during the gauge time frame inferable from the presence of the auto and electric and hardware industry. This normal to additional increment the piece of the pie of machine machines in the locale. Besides, in Asia-Pacific, India is projected to develop at the most noteworthy rate because of the developing government’s drive to advance India as the universe’s most favored center point for assembling by 2028. Then again, Europe is supposed to observe significant development attributable to severe government principles for vehicle security.
Key Players:
The Major Players are Multipro Machines Pvt Ltd, Hunter Engineering Company, BendPak Inc., Hennessy Industries, Inc., ACCU−TURN, Atlas Auto Equipment, Sino Star Automotive Equipment Co., Ltd, Pro-Cut International, AUTOPRO-UP Co., Ltd, and Equipment Solutions and Other Players
Hunter Engineering Company-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 30.93 Million |
| Market Size by 2030 | US$ 43.98 Million |
| CAGR | CAGR of 4.5% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Type (On-Car Brake Lathe Machine and Off-Car Brake Lathe Machine) • by Application (Light-Duty, Medium-Duty, and Heavy-Duty) • by Vehicle Type (Passenger Car and Commercial Vehicle) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Multipro Machines Pvt Ltd, Hunter Engineering Company, BendPak Inc., Hennessy Industries, Inc., ACCU−TURN, Atlas Auto Equipment, Sino Star Automotive Equipment Co., Ltd, Pro-Cut International, AUTOPRO-UP Co., Ltd, and Equipment Solutions. |
| Key Drivers | • The ascent in the interest and deals of vehicles, all over the planet. • To build the creation of vehicle brakes. |
Ans: The Medium-Duty segment is projected to make a foothold in the worldwide Brake Lathe Machine Market.
Ans: Type, Application, and Vehicle Type segments are covered in the Brake Lathe Machine Market.
Ans: The ascent in the interest and deals of vehicles, all over the planet and To build the creation of vehicle brakes are the driving factors and opportunities faced by the Brake Lathe Machine market
Ans: The Brake Lathe Machine Market is growing at a CAGR of 4.5% From 2023 to 2030.
Ans: The Brake Lathe Machine Market size was valued at USD 30.93 million in 2022 and is estimated to reach USD 43.98 million by 2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Brake Lathe Machine Market Segmentation, By Type
8.1 On-Car Brake Lathe Machine
8.2 Off-Car Brake Lathe Machine
9. Global Brake Lathe Machine Market Segmentation, By Application
9.1 Light-Duty
9.2 Medium-Duty
9.3 Heavy-Duty
10. Global Brake Lathe Machine Market Segmentation, By Vehicle Type
10.1 Passenger Car
10.2 Commercial Vehicle
11. Global Brake Lathe Machine Market, by Region/Country
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company profiles
12.1 Multipro Machines Pvt Ltd
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 Swot Analysis
12.1.4 The SNS View
12.2 Hunter Engineering Company
12.3 BendPak Inc.
12.4 Hennessy Industries, Inc.
12.5 ACCU−TURN
12.6 Atlas Auto Equipment
12.7 Sino Star Automotive Equipment Co., Ltd
12.8 Pro-Cut International
12.9 AUTOPRO-UP Co., Ltd
12.10 Equipment Solutions
13. Competitive Landscape
13.1 Competitive Bench Marking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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