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The automotive braking system market size was valued at USD xxx billion in 2020 and is projected to grow at a CAGR of 13% from 2021 to 2027, reaching USD 9.27 billion by 2027.
The booming production and sales of vehicles and sales, along with regulations on stopping distances, have generously contributed to the growth and development of the industry. Additionally, developments and innovations in braking systems for two-wheeled vehicles are expected to propel the growth during the forecast period.
Scope of the Report
The research study analyzes the global Automotive Braking System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Automotive Braking System Market is available at: https://www.orionmarketreports.com/automotive-braking-system-market/60950/
Major Players
The global market including some of the major players such as Fedeal-Mogul Holding, Robert Bosch gmbh, Performance Friction Corporation (PFC) Brakes, Akebonbo Brake Industry Co., Disc Brakes Austraia (DBA), ZF TRW Co., Hitachi Automotive Systems Brembo spa, Continental AG Aptiv PLC (Delphi) and TVS Brake Linings Co.
Automotive Braking System Market- Segmentation
By Brake Type
- Disc Brake
- Drum Brake
By Vehicle-Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Technology
- Anti-Lock Braking System (ABS)
- Electronic Stability Control (ESC)
- Traction Control System (TCS)
- Electronic Brake-Force Distribution (EBD)
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Braking System Market Report
- What was the Automotive Braking System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Braking System Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Automotive Braking System Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Braking System market.
- The market share of the global Automotive Braking System market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Braking System market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Braking System market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
