Automotive Brake Systems Market Production & Consumption Forecast by Regions to 2022
The Global Automotive Brake Systems Market is anticipated to grow at a higher CAGR in the forthcoming period. Automobile braking system is a most important mechanism in vehicles.
The Global Automotive Brake Systems Market is anticipated to grow at a higher CAGR in the forthcoming period. Automobile braking system is a most important mechanism in vehicles.
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<strong>Au<strong>to</strong>motive</strong> <strong>Brake</strong> <strong>Systems</strong> <strong>Market</strong> <strong>Production</strong> &<br />
<strong>Consumption</strong> <strong>Forecast</strong> <strong>by</strong> <strong>Regions</strong> <strong>to</strong> <strong>2022</strong><br />
“The Global <strong>Au<strong>to</strong>motive</strong> <strong>Brake</strong> <strong>Systems</strong> <strong>Market</strong> is anticipated <strong>to</strong> grow at<br />
a higher CAGR in the forthcoming period. Au<strong>to</strong>mobile braking system is<br />
a most important mechanism in vehicles. When a brake fails, and a crash<br />
happens it may result in<strong>to</strong> a severe fatality. Hence <strong>to</strong> ensure road safety,<br />
a rider should possess basic knowledge related <strong>to</strong> brake system and<br />
should keep inspecting brakes and braking system on a regular basis <strong>to</strong><br />
ensure brakes are in a good condition.”<br />
The Global <strong>Au<strong>to</strong>motive</strong> <strong>Brake</strong> <strong>Systems</strong> <strong>Market</strong> is anticipated <strong>to</strong> grow at a higher CAGR in the forthcoming period.<br />
Au<strong>to</strong>mobile braking system is a most important mechanism in vehicles. When a brake fails, and a crash happens it may<br />
result in<strong>to</strong> a severe fatality. Hence <strong>to</strong> ensure road safety, a rider should possess basic knowledge related <strong>to</strong> brake<br />
system and should keep inspecting brakes and braking system on a regular basis <strong>to</strong> ensure brakes are in a good<br />
condition.<br />
Driving fac<strong>to</strong>rs responsible for the growth of au<strong>to</strong>motive brake systems industry includes rise in vehicle production<br />
due <strong>to</strong> rise in demand. Other fac<strong>to</strong>rs include government regulations pertaining <strong>to</strong> s<strong>to</strong>pping distances and safety<br />
certifications. Product segmentation for au<strong>to</strong>motive brake system industry includes disc brakes and drum brakes.<br />
Segmentation based on application, au<strong>to</strong>motive brake system market includes two wheeler mo<strong>to</strong>r vehicles, light<br />
commercial vehicles and passenger car vehicles.<br />
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https://www.millioninsights.com/industry-reports/au<strong>to</strong>motive-brake-systems-market
Based on technological segmentation, au<strong>to</strong>motive brake system market includes traction control system (TCS), antilock<br />
braking system (ABS) and electronic stability control (ESC). Geographically, au<strong>to</strong>motive brake systems industry<br />
spans North America, South America, Europe, Asia-Pacific, Middle-East and Africa. APAC market is estimated <strong>to</strong> grow<br />
at a higher CAGR in the forthcoming period since APAC regions are emerging as a major hub for au<strong>to</strong>motive <strong>by</strong> having<br />
major share in terms of vehicle production and sales.<br />
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Demand for vehicle production is thus directly associated with vehicle production in this region. Other fac<strong>to</strong>rs such as<br />
stringent government norms from government agencies and consumers contribute <strong>to</strong> the market demand. North<br />
America and Europe market is also expected <strong>to</strong> gain a significant share in the market owing <strong>to</strong> rise in au<strong>to</strong>mobile<br />
industry and technological shift in braking systems. The key players in au<strong>to</strong>motive brake systems market include Robert<br />
Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Wabco Holdings Inc. Knorr-Bremse AG, Aisin Seiki Co Ltd., BMW<br />
Group and Daimler AG.<br />
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<strong>Market</strong> Segment:<br />
Geographically, this report is segmented in<strong>to</strong> several key <strong>Regions</strong>, with production, consumption, revenue (million<br />
USD), market share and growth rate of <strong>Au<strong>to</strong>motive</strong> <strong>Brake</strong> <strong>Systems</strong> in these regions, from 2012 <strong>to</strong> <strong>2022</strong> (forecast),<br />
covering<br />
• United States<br />
• EU<br />
• China<br />
• Japan<br />
• South Korea<br />
• India
Global <strong>Au<strong>to</strong>motive</strong> <strong>Brake</strong> <strong>Systems</strong> market competition <strong>by</strong> <strong>to</strong>p manufacturers, with production, price, revenue<br />
(value) and market share for each manufacturer; the <strong>to</strong>p players including<br />
• Brembo<br />
• AisinSeiki<br />
• Akebono Industry<br />
• Brembo S.P.A.<br />
• Nissin Kogyo<br />
• TRW <strong>Au<strong>to</strong>motive</strong> Holdings Corp.<br />
• <strong>Au<strong>to</strong>motive</strong> Components Europe S.A.<br />
• Continental AG<br />
• Federal-Mogul Corporation<br />
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each<br />
type, primarily split in<strong>to</strong><br />
• OEM<br />
• Aftermarket<br />
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end<br />
users, consumption (sales), market share and growth rate of <strong>Au<strong>to</strong>motive</strong> <strong>Brake</strong> <strong>Systems</strong> for each application,<br />
including<br />
• Passenger Vehicles<br />
• Light Commercial Vehicles<br />
• Heavy Commercial Vehicles
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https://www.millioninsights.com/industry-reports/au<strong>to</strong>motive-brake-systems-market<br />
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