Press release
Automotive Brake System & Components Market Revenue Share, Insights & Future Outlook
Automotive Brake System & Components Market SizeThe global market for Automotive Brake System & Components was valued at US$ 12810 million in the year 2024 and is projected to reach a revised size of US$ 15400 million by 2031, growing at a CAGR of 2.7% during the forecast period.
This report aims to provide a comprehensive presentation of the global market for Automotive Brake System & Components, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Brake System & Components.
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The Automotive Brake System & Components market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Automotive Brake System & Components market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Brake System & Components manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Type
• Brake Booster
• Master Cylinder
• Drum Brake
• Disc Brake
By Application
• Passenger Car
• LCV
• HCV
Key Companies
Continental, ZF Friedrichshafen, Delphi, Valeo, Tenneco(Federal-Mogul), Nissin Kogyo, Bosch, Akebono Brake, Magneti Marelli, Mando, Brembo
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