The braking system is used to control and stop the vehicle’s speed to avoid accidents. Disc brakes and drum brakes are two types of friction brakes employed in most automobiles. The key factors driving the automotive friction brake system include: Growing consumer emphasis on safety, focus on preventive maintenance and stringency in the safety norms. Increase in the lifespan of automobiles due to delay of new vehicle purchase by the majority of customers in the developing economies has boosted the growth of automotive friction brake system market.
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- Akebono Braking Industry Corporation,
- Brembo S.P.A,
- Continental AG,
- Delphi Automotive PLC,
- TRW Automotive Holdings Corp.,
- Aisin-Seiki Co. Ltd.,
- Federal-Mogul Corporation,
- Robert Bosch GmbH,
- Halla Mando Corporation,
- Haldex AB,
Study objectives of Global Automotive Friction Brake System Market
- To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the Global Automotive Friction Brake System
- To provide insights about factors affecting the market growth
- To analyze Global Automotive Friction Brake System Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Africa & Middle-East.
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by Product, by Vehicle, by sales channel and by Region.
- To provide strategic profiling of the key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Automotive Friction Brake System.
Regional Analysis of Global Automotive Friction Brake System Market
Global Automotive Friction Brake System Market is expected to reach USD XX billion by 2022. North-America accounts for the largest share in the Global Automotive Friction Brake System market in 2015 mainly due to the established automotive manufacturers present in this region. Asia-Pacific region is expected to grow at a faster pace than the Europe and North America during the forecast period due to the favorable government initiatives and increased investment in the automotive industry.
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The report for Global Automotive Friction Brake System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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