Press release
Automotive Brake Friction Market to Reach USD 15.58 Bn by 2029, emerging at a CAGR of 4.14 percent and forecast 2023-2029
Automotive Brake Friction Market
The comprehensive report examines the Automotive Brake Friction Market, focusing on the impact of the COVID-19 lockdown on market leaders, followers, and disrupters. With varying lockdown measures implemented across regions and countries, the report delves into the distinct impacts on different segments and regions. Moreover, it provides a thorough assessment of both short-term and long-term effects, aiding decision-makers in shaping strategic initiatives.
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Automotive Brake Friction Market Research Methodology:
The growing adoption of high-speed trains and the expansion of electrified rail tracks are poised to be major catalysts for the Automotive Brake Friction Market's growth. The proliferation of high-speed rail networks in numerous regions to enhance transportation speed is a significant factor boosting the market. Additionally, the rising demand for technologically advanced and energy-efficient rail transport solutions further contributes to the market's expansion.
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What are Automotive Brake Friction Market Dynamics:
Increase in the adoption of high-speed trains and growth of electrified rail tracks would drive the growth of the Automotive Brake Friction market. But, the growth of the third rail system to electrify rail tracks for urban rail transit is inhibiting the growth of the Automotive Brake Friction market. One of the main factors responsible to boost the growth of the market is the rapidly growth rate of high-speed rail network services. This is taking place in most of the regions to achieve faster means of transport. Apart from that, the increasing need for rail transport facilities that are both technologically advanced and energy-efficient are also boosting the growth of the global Automotive Brake Friction market in the future years.
Automotive Brake Friction Market Regional Insights:
The Asia Pacific emerges as the fastest-growing region in the Automotive Brake Friction Market. The robust growth of electrified rail tracks in economies like China, Japan, and India has led to a surge in demand for overhead lines in rail applications. The adoption of urban rail and high-speed rail transit in regional countries further bolsters the market's expansion in this region.
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What is Automotive Brake Friction Market Segmentation:
by Type
• Disc brakes
• Drum brakes
by Technology
• Foundation brakes
• Electronic brakes
o Anti-locking braking system (ABS)
o Electric park brake
o Braking assistance
o Predictive braking
o Brake-by-wire
o Slip control
o Regenerative braking
o Autonomous emergency braking (AEB)
by Sales Channel
• OEMs
• Aftermarkets
Who are Automotive Brake Friction Market Key Players:
• Robert Bosch GmbH
• Aisin Seiki Co., Ltd
• Delphi Automotive LLP
• Federal-Mogul Corporation
• Brembo S.p.A
• Akebono Brake Corporation
• Nisshinbo Holdings Inc
• Tenneco (US)
• Miba (Germany)
• SGL group (Germany)
• TMD GROUP
• TRW Automotive
• MAT Holdings
• ATE
• ICER
• BREMBO
• Util Group
• ABS Friction
• Metek GmbH
• ITT Corporation
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Table of content for the Automotive Brake Friction Market includes:
1. Automotive Brake Friction Market: Research Methodology
2. Automotive Brake Friction Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Automotive Brake Friction Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• MandA by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4.Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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