Press release
Revolutionizing Vehicle Safety: The Advantages and Innovations of Modular Brake Systems
Modular Brake System Market
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ : https://www.alliedmarketresearch.com/request-toc-and-sample/12650
๐๐จ๐ฉ ๐๐ฆ๐ฉ๐๐๐ญ๐ข๐ง๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ
โถRise in production of passenger & commercial vehicle, rise in demand for better safety in vehicles, and increase in government rules & regulations for vehicle safety is expected to drive growth of the market.
โถHowever, high maintenance cost and installation cost can hamper growth of the market.
โถMoreover, rise in demand for automobile around the world, rise in technological advancement in automobiles, and ability to achieve higher automobile speed act as an opportunity for growth of the market.
๐๐ข๐ฌ๐ ๐ข๐ง ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ญ๐ญ๐๐ซ ๐ฌ๐๐๐๐ญ๐ฒ ๐ข๐ง ๐ฏ๐๐ก๐ข๐๐ฅ๐๐ฌ
According to Safe International Road Travel (ASIRT) nearly 1.35 million people die in road crashes each year and on an average 3,700 people lose their lives every day on roads. In addition, 20-50 million people suffer non-fatal injuries which results in log-term disabilities. Furthermore, more than 38,000 people die every year in crashes on U.S. roadways with a traffic fatality rate of 12.4 deaths per 100,000 inhabitants. Thus, automobile companies are focusing on production of safety features which is expected to drive growth of modular brake system market.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ : https://www.alliedmarketresearch.com/purchase-enquiry/12650
Key Benefits of the Report:
This study presents the analytical depiction of the modular brake system market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with challenges of the modular brake system market.
The current market is quantitatively analyzed to highlight the modular brake system market growth scenario.
The report provides detailed modular brake system market analysis based on competitive intensity and how the competition will take shape in coming years.
๐๐๐ฃ๐จ๐ซ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
WABCO,
Knorr-Bremse,
Parker Hannifin,
Hilliard Corporation,
SAE International,
Twiflex Limited,
MICO Inc.,
Mando Corporation,
BorgWarner Inc.,
Robert Bosch GmbH
๐๐๐๐๐๐๐๐ ๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐ - https://www.alliedmarketresearch.com/modular-brake-system-market/purchase-options
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