The automotive braking system market size is projected to grow at a CAGR of 13% from 2022 to 2028, reaching USD 9.27 billion by 2028. 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.
A full report of Automotive Braking System Market is available at:https://orionmarketreports.com/automotive-braking-system-market/60950/
Company Profile
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.
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)
Scope of the Report
The research study analyzes the Automotive Braking System Market 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
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 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Automotive Braking System Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Automotive Braking System Market was the market leader in 2021?
- 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 Automotive Braking System market.
- The market share of the 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 Automotive Braking System market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Automotive Braking System market.
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