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Automotive Brake Lining Market Market to Witness Growth Acceleration by 2028

06-09-2022 09:06 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Reports

The global automotive brake lining market is expected to grow at a CAGR of 7.2% during the forecast period.

In a car, brake Linings are an essential component of the disc brakes. When the brakes are applied, these brake Linings press against the running disc, stopping the vehicle's motion and decrease its speed. Brake calipers contain brake Linings, which push them against the rotors and aid in the conversion of kinetic energy into thermal energy. Furthermore, the system necessitates fewer efforts to control vehicle speed, resulting in minimal noise and vibrations. In addition, brake linings generate less heat than drum brakes. Low heat causes less damage to the discs, extending their lifespan. The demand for effective braking at high speeds has resulted in the growth of the market. The market is expected to grow owing to technological advancements in the development of lightweight and environmentally friendly braking systems, significant vehicle production globally, and government initiatives such as reduced stopping distance and pedestrian protection. Continuous advancements in braking systems and the development of organic fibers such as palm kernel shells to meet emission regulations are expected to provide opportunities for the market growth.

Click Here to Get a Free Sample Report of the Automotive Brake Lining Market @ https://orionmarketreports.com/request-sample/?id=112611&submit=Request+Sample%0D%0A

Brake lining and disc systems are being improved by governments all over the world. They are upgrading the braking system to reduce stopping distance and installing various sensors for pedestrian impact protection, such as visible light and infrared. Guidelines such as panic stop braking with a shorter stopping distance have been announced, affecting the brake lining industry in general. As a result, brake lining manufacturers are focusing on disc brake evolution to meet the new regulations regarding stopping distance.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Material Type
o By Position Type
o By Sales Channel
o By Vehicle Type

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Federal-Mogul Corp., Nisshinbo Holdings Inc., and SGL Group among others.

A full report of Global Automotive Brake Lining Market is available at: https://orionmarketreports.com/automotive-brake-lining-market/112611/

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Automotive Brake Lining Market Report by Segment

By Material Type
• Semi-Metallic
• Non-Asbestos Organic (NAO)
• Low-Metallic
• Ceramic

By Position Type
• Front
• Front and Rear

By Sales Channel
• Original Equipment Manufacturer (OEM)
• After-Market

By Vehicle Type
• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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