Automotive Brake System Market to Expand at a CAGR of 6.25% during 2019 – 2023 | Top Key Players - Akebono Brake Industry, Brembo SpA, Carlisle Brakes and Friction, Continental AG, Disc Brakes Australia (DBA), Aptiv (Delphi), Hella Pagid GmbH

Marketprognosis.com Publish a New Market Research Report On “Global Automotive Brake System Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Automotive Brake System Market:

The Global Automotive Brake System Market is expected to record a CAGR 6.25% during the forecast period. The market will grow due to the rising demand for vehicles across the globe. Increasing purchasing power of people in many countries has created a need for quality life which has a direct impact on the demand for vehicles thereby driving the dependent automotive brakes market.

Increased awareness regarding safety has created a demand for advanced safety features in vehicles and technological advancements like the ABS, CBS etc. have been the major drivers behind the growth of brake industry. As brakes are continuously subjected to heat, friction etc., wear and tear is inevitable. To increase the life of brake pads, advancements in materials have also played a vital role in the growth of the market.

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Drum brakes have become obsolete in passenger cars as they were earlier used for the rear wheels for cost reduction. But now, drum brakes have completely moved to only commercial vehicles and the demand for drum brakes is completely related to the commercial vehicle sales. European countries were the fastest to grow in terms of commercial vehicles sales around the world of which Iceland, Ireland, Denmark, Netherlands, Portugal and UK registered double digits growth rate since 2012. US also registered a healthy CAGR of 9.9% accounting to about 45% of the global commercial vehicle sales. Mexico is the fastest growing country in North America in terms of CV sales due to the increase in logistic services in the country.

A complete analysis of the competitive landscape of the Global Automotive Brake System Market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost. This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Automotive Brake System Market players.

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Major Key Players:

1 Akebono Brake Industry Co.

2 Brembo S.p.A

3 Carlisle Brakes and Friction

4 Continental AG

5 Disc Brakes Australia (DBA)

6 Aptiv Plc (Delphi)

7 Federal-Mogul Holding Co.

8 Hella Pagid GmbH

9 PFC brakes and More…………….

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

3 Which are the leading market products, applications & regions and how will they perform by 2023?

4 What are the technologies & innovation trends, how will they evolve by 2023?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Automotive Brake System Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview and Technology Trends

5 Market Dynamics

6 Global Automotive Brake Systems Market, By Product Type

7 Global Automotive Brake System Market, By Brake Pad Material Type

8 Global Automotive Brake Systems Market, By Sales Channel

9 Global Automotive Brake Systems Market, By Vehicle Type

10 Global Automotive Brake Systems Market, By Geography

11 Competitive Landscape

12 Company Profiles

13 Future Outlook

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