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Brake System Market Size Boosting The Growth Worldwide | AISIN SEIKI, BREMBO, CONTINENTAL AG, Delphi Technologies
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Increase in penetration of the electrical vehicles are estimated to support the growth of regenerative & dynamic braking in the near future. Technological evolution in the brake system help avoid skidding or slipping of vehicle when sudden brakes are applied. Increase in automotive & other end use industries on road fleet is expected to support the demand for aftermarket sales channel.
The global brake system market is segmented on the basis of product type, sales channel, end use, and region. Based on product type, the global brake system market has been categorized into disc brakes, drum brakes, hydrostatic brakes, hydraulic wet brakes, and regenerative & dynamic braking. Based on sales channel, the global brake system market has been categorized into original equipment manufacturers (OEM) and aftermarket. Based on end use, the market has been categorized into automotive, construction equipment, agricultural equipment, industrial trucks, and mining equipment. Region wise, it has been studied across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- This study presents analytical depiction of the global brake system market along with the current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the financial competency of the market.
- Porter's five forces analysis illustrates the potency of the buyers and suppliers.
KEY PLAYERS
o AISIN SEIKI Co., Ltd
o BREMBO S.P.A.
o CONTINENTAL AG
o Delphi Technologies
o HALDEX
o Hitachi Automotive Systems, Ltd
o KNORR-BREMSE AG
o Nissin Kogyo Co., Ltd.
o Robert Bosch GmbH
o ZF FRIEDRICHSHAFEN AG
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KEY MARKET SEGMENTS
By Product Type
- Disc Brakes
- Drum Brakes
- Hydrostatic Brakes
- Hydraulic Wet Brakes
- Regenerative & Dynamic Braking
By Sales Channel
- Original Equipment Manufacturers (OEM)
- Aftermarket
By End Use
- Automotive
- Construction Equipment
- Agricultural Equipment
- Industrial Trucks
- Mining Equipment
By Region
- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Rest of Europe
- Asia-Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa
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