Press release
Brake Lathes Market to reach USD 3350 Mn by 2027, emerging at a CAGR of 6 percent and forecast 2020-2027
Brake Lathes Market
This comprehensive report analyzes market trends from 2015 to forecast the market through 2026, with special attention to the impact of the 2020 lockdown on demand, supply, and its lingering effects over the next two years. The report covers market dynamics, key drivers, restraints, and regional insights.
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Brake Lathes Market Research Methodology:
A thorough research approach, encompassing both primary and secondary research, was employed to gather and analyze data. The report offers insights into market trends, statistics, and infographics.
What are Brake Lathes Market Dynamics:
The market is being propelled by increasing demand for durable and reliable tools for automotive component maintenance and advancements in braking mechanisms. Heightened consumer awareness of noise and vibration issues in brake pads is also driving demand. Brake lathes accounted for approximately 25% of the market share in terms of unit sales in the USA's automotive components maintenance sector and 30% in brake pad integration, according to OICA.
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Brake Lathes Market Regional Insights:
The Asia Pacific leads the market in unit sales and manufacturing due to abundant raw material resources in China and India, attracting key players. The growing adoption of automation by regional manufacturers is driving demand. Prominent players like HUNTER and Ranger are increasingly investing in the APAC market.
North America is poised to be a significant region in the Brake Lathes Market, with the USA holding a dominant share of approximately 60%. This can be attributed to well-established automation in various industries and the increasing adoption of disc brakes.
What is Brake Lathes Market Segmentation:
By Installation Type
Off car
On car
By Vehicle Type
Commercial vehicles
Passenger cars
By Application
Light duty vehicles
Medium duty vehicles
Heavy duty vehicles
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Who are Brake Lathes Market Key Players:
• BendPak, Inc.
• HOFMANN GmbH
• AUTOPRO-UP Co. Ltd.
• HUNTER Engineering Co.
• JPW Industries, Inc.
• Henessey Industries LLC
• Pro-Cut International
• Interequip Pty Ltd.
• Robert Bosch GmbH
• AMMCO
• JET
• Qingdao Carlife Automobile Equipment Co. Ltd.
• ACCU-TURN
• Atlas Auto Equipmnet
• Multipro Machines Pvt. Ltd.
• Sino Star Automotive Equipment Co. Ltd.
Table of content for the Brake Lathes Market includes:
Global Brake Lathes Market : Research Methodology
Global Brake Lathes 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.Global Brake Lathes 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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