Press release
Brake Friction Market Set to Grow According to Forecasts 2025 - Bosch Auto Parts, Akebono Brake Corporation
Brake Friction Market
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global brake friction market based on brake types, brake material types, components, distribution channel, and vehicle types. It also provides market size and forecast till 2025 for overall brake friction market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 19 counties globally along with current trend and opportunities prevailing in the region.
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Key players profiled in the report include Bosch Auto Parts, Akebono Brake Corporation, Nisshinbo Brake Inc., ABS Friction, Japan Brake International Co., Ltd., Bendix Spicer Foundation Brake LLC, Delphi Auto Parts, MIBA AG, Lumag Sp. Z.O.O., and Carlise Brake & Friction
The brakes of any automobiles plays a crucial role while the vehicle is on move. The increase in vehicular production across the globe is heavily driving the market for brake friction. This is due to the fact that, the automotive OEMs are constantly focusing on procuring advanced technology brake friction systems in order to enhance safety of the vehicles and passengers. In addition, the safety of heavy commercial vehicle, off-road vehicles and construction vehicles are becoming highly important and owing to the importance, the manufacturers of these vehicles are integrating advanced material and technology braking systems to the vehicles, thereby fueling the market for brake friction in the current scenario. Increasing traffic congestion is another major factor bolstering the market for brake friction systems and the trend is anticipated to grow, resulting in market growth in the coming years. The aftermarket of automotive braking system is also a key driver for brake friction market. However, counterfeit products in the market is inhibiting the market for brake friction in the current scenario. The development of lightweight and composite material brake friction systems is anticipated to attract new customers, thereby escalating the brake friction market in the future.
Besides this, the report analyzes factors affecting brake friction market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis.
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Table of Content
1.INTRODUCTION
2. KEY TAKEAWAYS
3. BRAKE FRICTION MARKET LANDSCAPE
4. BRAKE FRICTION MARKET - KEY INDUSTRY DYNAMICS
5. BRAKE FRICTION MARKET - GLOBAL MARKET ANALYSIS
6. BRAKE FRICTION MARKET REVENUE AND FORECASTS TO 2025 - BRAKE MATERIAL TYPE
7. BRAKE FRICTION MARKET REVENUE AND FORECASTS TO 2025 - COMPONENTS
8. BRAKE FRICTION MARKET REVENUE AND FORECASTS TO 2025 - DISTRIBUTION CHANNEL
9. BRAKE FRICTION MARKET REVENUE AND FORECASTS TO 2025 - VEHICLE TYPES
10. BRAKE FRICTION MARKET REVENUE AND FORECASTS TO 2025 - GEOGRAPHICAL ANALYSIS
11. INDUSTRY LANDSCAPE
12. COMPETITIVE LANDSCAPE
13. BRAKE FRICTION MARKET, KEY COMPANY PROFILES
13.1. BOSCH AUTO PARTS
13.2. AKEBONO BRAKE CORPORATION
13.3. NISSHINBO BRAKE INC.
13.4. ABS FRICTION
13.5. JAPAN BRAKE INTERNATIONAL CO., LTD.
13.6. BENDIX SPICER FOUNDATION BRAKE LLC
13.7. DELPHI AUTO PARTS
13.8. MIBA AG
13.9. LUMAG SP. Z.O.O
13.10. CARLISLE BRAKE & FRICTION
14. APPENDIX
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