Press release
Automotive Friction Brake System Market 2018-2022 Global Key Players: Akebono Braking Industry, Brembo S.P.A, Continental AG, Delphi Automotive PLC, TRW Automotive Holdings, Aisin-Seiki, Federal-Mogul, Robert Bosch
Automotive Friction Brake System Market 2018
Automotive Friction Brake System Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2022. Automotive Friction Brake System Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022
Global Automotive Friction Brake System Market by Product Type (Disc Brake, Drum Brake), Vehicle Type (Passenger Cars, LCV, HCV), Sales Channel (OEM’s, Aftermarket) and Region (North America, South America, Asia-Pacific, Europe and Africa & Middle East) – Forecast to 2022
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 are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Automotive Friction Brake System Market.
Get Sample Report of Automotive Friction Brake System Market@ https://www.marketresearchfuture.com/sample_request/2137
Automotive Friction Brake System Market – Overview : The braking system is used to control and stop the vehicle’s speed to avoid accidents. Disc brakes and drum brakes, employed in most of the automobiles, are classified under the friction braking system.
The factors driving the growth of the automotive friction brake system market are focus on preventive maintenance, stringency in the safety norms and growing consumer emphasis on safety. Increasing concerns over safety forced the government mandates to improve the vehicle safety as a result of which the demand is expected to be driven. The longer replacement cycle and an increase in number of miles traveled by vehicles are expected to generate huge opportunities in the friction brake system aftermarket segment.
The introduction of smart braking systems has led to a decrease in the number of accidents and loss of lives. These can be integrated with other safety systems that enable speed control and prevent skidding of vehicles to minimize risks of a potential accident. The increasing production of vehicles and sales, coupled with regulations over stopping distances, have contributed magnanimously to the growth and development of the industry.
Automotive Friction Brake System Market – Competitive Analysis
The environmental regulations for brake dust have encouraged many large players in the market to identify alternate materials for brake pads that provide better stopping performance, durability, and generate low wheel dust as compared to conventional copper brake pads. The companies are primarily focused toward developing eco-friendly, reliable, and robust braking systems. The key players have made heavy investments in the field of research & development for increasing their market share and ensuring healthy growth. The companies are engaged in extending their geographical presence to high-growing markets and strengthening their production capabilities.
Industry/ Innovation/ Related News:
April 2017- Continental North America, a business unit of Continental AG operating in the U.S., invested approximately USD 40 million to expand the Morganton automobile plant. The company has also received a job development incentive grant of USD 1.6 million from The State of North Carolina. The added production capacity would be utilized for manufacturing the MK C1 braking systems.
Aug, 2017- Continental introduces an innovative wheel and braking concept for electric vehicles. The design enables the use of a large aluminum brake disk and solves the problem of bad braking performance due to corroded brake disks. It also reduces the weight of the wheel and brake and reduces service costs due to a lifetime brake disk and an easy brake pad change.
Oct, 2016 - Akebono Brake Corporation continues its recent expansion of brake pad coverage with the announcement of nine new part numbers to its Pro-ACT, Performance and EURO Ultra-Premium ceramic disc brake pad lines. This introduces premium brake coverage to an additional 5.8 million domestic, European and Asian vehicles. Akebono has released a total of 25 new part numbers this month, expanding total coverage to more than 10.4 million vehicles.
Automotive Friction Brake System Market – Segmentation:
The Automotive Friction Brake System Market can be segmented in to three key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Product Type - Disc Brake, Drum Brake
Segmentation by Vehicle type - Passenger Cars, LCV, HCV
Segmentation by Sales Channel - OEM’s, Aftermarket
Segmentation by Regions: North America, South America, Asia-Pacific, Europe and Africa & Middle East
Automotive Friction Brake System Market – Regional Analysis:
In Asia Pacific region, the automotive friction brake system market has witnessed considerable growth in countries such as China, India, and Brazil, owing to upcoming emission norms. The increase in production of vehicles and lifespan of vehicles, is driving the demand for brake friction products. These developing nations are expected to show strong increasing production volumes over the forecast period. Favorable government initiatives and increased investment in the automotive industry are further expected to drive the growth of the market. The increasing stringent vehicle safety norms and growing number of road accidents have subjected the industry to added pressure from both, governing agencies and consumers. Thus, the industry is estimated to undergo a shift during the forecast period in terms of technology penetration, with disc brakes dominating the market presence.
North America region is estimated to be the fastest growing market. The U.S is the main contributor to the friction brake system market for automotive due to the established automotive manufacturers present in this region. This can be attributed to the increasing demand for improved performance in adverse weather conditions along with the mandatory implementation of the ESC technology in all light vehicles is driving the regional market.
Get Complete Report Details of Automotive Friction Brake System Market@ https://www.marketresearchfuture.com/reports/automotive-friction-brake-system-market-2137
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
CONTACT US:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Friction Brake System Market 2018-2022 Global Key Players: Akebono Braking Industry, Brembo S.P.A, Continental AG, Delphi Automotive PLC, TRW Automotive Holdings, Aisin-Seiki, Federal-Mogul, Robert Bosch here
News-ID: 1021969 • Views: …
More Releases from Market Research Future
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035.
Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial…
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035.
Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are…
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034.
Cheese packaging…
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by…
More Releases for Brake
Brake Repair Service: A Reliable Solution for Mobile Brake Services
When it comes to maintaining the performance and safety of your vehicle, brake systems are among the most critical components. Whether you're a truck driver or a fleet manager, ensuring your brakes are in optimal condition is a priority. Fortunately, finding a reliable Brake Repair Service [https://mobilebrakerepairtn.com/#:~:text=Brake%20Repair%20Service] provider has never been easier, thanks to mobile brake services that bring convenience and professionalism right to your location.
Mobile Brake Services: Convenient, Efficient,…
Brake System Market : Disc Brake, Drum Brake, Hydrostatic Brake 2020-2027
The global brake system industry was valued at $41.62 billion in 2019, and is projected to reach $61.20 billion by 2027, registering a CAGR of 7.0%. The report provides a detailed analysis of changing market dynamics, top investment pockets, major winning strategies, key segments, and competitive scenarios.
Growth in production & sales of commercial vehicles and off-highway trucks, rise in stringency of automotive active safety regulations, and initiatives of new car…
Aircraft Brake System : Power Brake, Boosted Brake, and Independent Brake 2021-2 …
The global aircraft brake system market was valued at $10.52 billion in 2020, and is projected to reach $16.95 billion in 2030, registering a CAGR of 5.2%. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.
Increase in air passenger traffic in the world and rise in operations in the commercial aviation sector are expected to fuel the global aircraft brake…
Aircraft Brake System Market : Power Brake, Boosted Brake, and Independent Brake …
The global aircraft brake system market generated $10.52 billion in 2020, and is anticipated to reach $16.95 billion in 2030, manifesting a CAGR of 5.2%.
Increase in air passenger traffic in the world and rise in operations in the commercial aviation sector are expected to fuel the global aircraft brake system market. On the other hand, strict regulatory conditions create hindrances to market growth. On the contrary, usage of advanced…
Brake System Market : Disc Brake, Drum Brake, Hydrostatic Brake, Hydraulic Wet B …
The global Brake System Industry estimated $41.62 billion in 2019, and is expected to hit $61.20 billion by 2027, witnessing a CAGR of 7.0% from 2020 to 2027.
Download Report Sample at https://www.alliedmarketresearch.com/request-sample/1024
Covid-19 Scenario-
The covid-19 outbreak has immensely affected the industry, as most of the original equipment manufacturers (OEM) have kept the production of brake systems on hold.
The supply chain management has been disrupted resulting in shortage of raw materials. The…
Brake System Market : Disc Brake, Drum Brake, Hydrostatic Brake, Hydraulic Wet B …
The global brake system industry was valued at $41.62 billion in 2019, and is projected to reach $61.20 billion by 2027, registering a CAGR of 7.0%. The report provides a detailed analysis of changing market dynamics, top investment pockets, major winning strategies, key segments, and competitive scenarios.
Download Report Sample at https://www.alliedmarketresearch.com/request-sample/1024
Growth in production & sales of commercial vehicles and off-highway trucks, rise in stringency of automotive active safety regulations, and…
