Press release
Brembo S.p.A., Surface Transforms Plc, MAT Foundry Group Ltd., Akebono Brake Industry Co., Ltd. and Rotora are some key players of Global Automotive Carbon Ceramic Brakes Market expected to expand at a CAGR 10.9% over the forecast 2018-2026
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The growth in OEMs and high-end car manufacturers has surged the demand for automotive carbon ceramic brakes. There is a rise in the adoption of luxury and high performance vehicles with brake pads that require less repair and maintenance, which are key features of the automotive carbon ceramic brakes. In 2017, the automotive carbon ceramic brakes market was worth $234.2 million and is predicted to clock an impressive CAGR of 10.9% through 2028.
The aforementioned insights are adopted from the report titled, “Automotive Carbon Ceramic Brakes Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028,” included recently in the extensive repository of Market Research Reports Search Engine’s (MRRSE).
Key macroeconomic factors that are driving the growth of the automotive carbon ceramic brakes market are increased in the purchasing power of consumers, and surge in demand for high-end luxury and sports car. Moreover, automotive carbon ceramic brakes helps dissipation of heat efficiently, maintains performance, and also restricts deformation. Such high performance attributes of the automotive carbon ceramic brakes will continue to underpin their market growth in the near future.
As per the predictions, Europe will be a lucrative region for automotive carbon ceramic brakes market partly due to the increased demand for sports and luxury cars, rise of the automotive sector, and also because of the usage of automotive carbon ceramic brakes by high-end car manufacturers.
This detailed report studies the automotive carbon ceramic brakes industry at a global and regional level. Evaluation has been provided on the market for forecast period 2018 and 2028. This market research report also offers detailed analysis of the essential dynamics, including drivers, challenges, restraints, and opportunities affecting growth of the automotive carbon ceramic brakes market. Micro- and macro-economic factors affecting the automotive carbon ceramic brakes market have been studied in this market report. The study provides a comprehensive analysis & prediction of the automotive carbon ceramic brakes market based on segmentation.
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Regional split of the automotive carbon ceramic brakes market includes, South East Asia, Western Europe, North America, Japan, China, Middle East & Africa, Latin America, and Eastern Europe. Country-level predictions has also been provided for the automotive carbon ceramic brakes market. The automotive carbon ceramic brakes study also covers detailed competitive landscape assessment of the automotive carbon ceramic brakes market, wherein key players present in the market have been described. A SWOT analysis of all the market players covered has also been included in important areas of the report.
The competition landscape covered in the report focuses on offering details on the policies and plans of key players present in the automotive carbon ceramic brakes market. The study also included market participants that develop and sell automotive carbon ceramic brakes. Additionally, to help the buyers, key details such as – key growth plans, SWOT analysis, and market shares, of the participants are included in the market research report.
Companies who are entering the market along with established players in the market will have an added benefit with the policies of the players included in the final section of the automotive carbon ceramic brakes market report.
Key players of automotive carbon ceramic brakes market are Fusion Brakes LLC, Brembo S.p.A., TPM Products Inc., Surface Transforms plc, Carbon Ceramics Ltd., MAT Foundry Group Ltd., Rotora, and Akebono Brake Industry Co. Ltd.
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