Press release
Braking into the Future : Analyzing the Automotive Brake Pad Market Trends at CAGR of 5.6% From 2022 to 2031
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ : https://www.alliedmarketresearch.com/request-sample/7579
The research provides detailed segmentation of the global automotive brake pad market based on Material, Application, Capacity, End User, Sales Channel, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on position, the front and rear segment accounted for the highest share in 2021, contributing to more than half of the global automotive brake pad market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the front segment is expected to manifest the highest CAGR of 6.0% from 2022 to 2031.
Based on sales channel, the aftermarket segment held the highest share in 2021, accounting for more than three-fifths of the global automotive brake pad market, and is expected to continue its leadership status during the forecast period. However, the OEM segment is expected to register the highest CAGR of 6.0% from 2022 to 2031.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/automotive-brake-pad-market/purchase-options
Based on material, the non-asbestos organic segment accounted for the highest share in 2021, holding nearly two-fifths of the global automotive brake pad market, and is expected to continue its leadership status during the forecast period. However, the ceramic segment is estimated to grow at the highest CAGR of 6.0% during the forecast period.
Based on region, Asia-Pacific held the largest share in 2021, contributing to more than two-fifths of the global automotive brake pad market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the same region is expected to manifest the fastest CAGR of 6.0% during the forecast period.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Tenneco Inc.,
ITT Inc.,
Robert Bosch GmbH,
Continental AG,
ADVICS Co., Ltd.,
ZF Friedrichshafen AG,
Nisshinbo Brake Inc.,
Akebono Brake Industry Co Ltd,
Brake Parts Inc.,
Delphi Technologies (BorgWarner Inc. ),
EBC Brakes,
Brembo S.p.A
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/7579
The report provides a detailed analysis of these key players of the global automotive brake pad market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Automotive Blockchain Market : https://www.alliedmarketresearch.com/automotive-blockchain-market
Automotive Microcontroller Market : https://www.alliedmarketresearch.com/automotive-microcontroller-market-A06049
Automotive Robotics Market : https://www.alliedmarketresearch.com/automotive-robotics-market-A08681
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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About Us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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