Press release
Automotive Carbon Ceramic Brakes Market Top Keyplayers Brembo S.p.A, SGL Carbon, MAT Foundry Group Ltd., AKEBONO BRAKE INDUSTRY CO., LTD., Carbon Ceramics Ltd, Rotora, Surface Transforms PLC, Fusion Brakes, LLC, EBC Brakes
Automotive-Carbon-Ceramic-Brake
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Advantages of automotive carbon ceramic brakes over other brakes such as iron or steel brakes are fueling growth of the global automotive carbon ceramic brakes market. Automotive carbon ceramic brakes provides great braking performance over the other brakes due to its ceramic properties. Properties of ceramic compounds helps to reduce heat and provide faster recovery after braking which helps the vehicle to maintain a strong performance even after repeated braking.
The increasing demand of luxurious as well as high performance vehicles from brands such as Lamborghini, Ferrari, Audi, BMW, Mercedes, GM Corvette, Porsche, Bugatti, and Bentley among others is propelling growth of the automotive carbon ceramic brakes market. The automotive carbon ceramic brakes are preferred by various manufacturers of luxurious and high performance vehicles owing to the properties that carbon ceramic possess.
The expanding automotive industry is expected to propel growth of the automotive carbon ceramic brakes market over the forecast period. Manufacturers are increasing investments in the automobile industry in order to improve performance, reliability, durability, and safety of the vehicle by introducing new features. The braking system of the vehicle is highly related to the reliability and safety of the vehicle. Since brakes comprise an important role in the performance of the vehicle, growth of the automotive industry is expected to drive demand for automotive carbon ceramic brakes.
On the basis of region, automotive carbon ceramic brakes market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Europe automotive carbon ceramic market contributed the largest market share, owing to growth in the automotive market.
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Key Players in the Global Automotive Carbon Ceramic Brakes Market:
Some of the key players operating in the global automotive carbon ceramic brakes market include Brembo S.p.A, SGL Carbon, MAT Foundry Group Ltd., AKEBONO BRAKE INDUSTRY CO., LTD., Carbon Ceramics Ltd, Rotora, Surface Transforms PLC, Fusion Brakes, LLC, EBC Brakes, RB Performance Brakes, Wilwood Engineering, Inc. and Baer Brakes.
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