Global Automotive Disc Brake Market Size, Share, Trends, Industry Analysis Report and Forecast, 2016 - 2024
Automobile manufacturers are increasingly deploying automotive disc brake system in vehicles owing to increasing demand for safety along with enhanced riding experience. These components provide shorter and more controlled braking distance irrespective of rough terrain or slippery roads to ensure safety and enhanced riding experience.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1368
For instance, a widespread adoption of autonomous vehicles can have benefits such as vehicle communications and information exchange regarding direction changes. Furthermore, vehicle interaction with road infrastructure also reduces the traffic congestion leading to a smother traffic flow.
Compared to traditional solutions, these are less susceptible to warping or brake fade with temperature thus enable optimum performance in all weather conditions. Such advanced characteristics to enhance safety are expected to fuel the overall automotive disc brake market growth.
Government initiatives to standardize braking norms for commercial and personal vehicles are anticipated to provide significant impetus to automotive disc brake market growth in key economic regions. For instance, in 2009, to minimize the gap between stopping capacity of heavy weight trucks and passenger cars National Highway Traffic Safety Administration introduced amendments in braking standards.
Moreover, technology drawbacks such as less customizable flexibility and stopping time inconsistency will hamper the adoption rates of these systems. This is owing to the system designs that have very closed assembly as compared to traditional cable drum systems. Minor disorientation or errors in this assembly may require tiresome service efforts or replacement of entire system.
Moreover, automotive disc brake market is witnessing advent of advenced technological developments such as boosters and electric-mechanical systems. These advancements are expected to present potential growth avenues over the forecast timeline. For instance, Bosch and Continental introduced brake boosters that offer short activation time, around 120 milliseconds. Electric mechanical brake systems are expected to work without vacuum as the conventional energy source.
Regional growth can be attributed to presence of large automobile manufacturers number in the region and rising demand for passenger and commercial vehicles with enhanced features. China, Japan, and India are the major growth contributing countries in the region. China dominates the regional industry share owing to its dominance in automobile production and large customer base. Along with healthy economic growth, the region offers economical labor force and better working conditions that enables cost saving production for manufacturers.
Due to these factors, Europe held the second largest market share in 2015. Germany and France automotive disc brake market share are the highest contributing countries in the region. Growing economic trade activities has led to increased demand for heavy weight commercial vehicles (HCV) in the region.
Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/1368
Key vendors in global automotive disc brake market include EBC Brakes, TRW Automotive, Hyundai Mobis, Nissin Kogyo, Haldex, Federal Mogul, Knorr-Bremse, Halla Mando, Akebono, NUCAP, and Aisin Seiki among others.
Browse Related Reports:
• Electric Motorcycles & Scooters Market Size By Product (Motorcycles, Scooters), By Battery (SLA, Li-ion, NiMH), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, China, India, Japan, Brazil, Mexico), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
• Automatic Emergency Braking (AEB) Market Size By Vehicle Type (Commercial Vehicles, Passenger Vehicles), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, Japan, South Korea, Brazil, Mexico), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
29L Atlantic Avenue, Suite L 105,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Automotive Disc Brake Market Size, Share, Trends, Industry Analysis Report and Forecast, 2016 - 2024 here
News-ID: 499859 • Views: 385
More Releases from Global Market Insights Inc.
Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug
More Releases for Automotive
Automotive Sunroof Market
Automotive Sunroof is a fixed or operable opening in vehicle that allows light or fresh air to enter inside a car. Sunroof are of many shapes and sizes and styles and they are either manually driver or motor driven. Increasing demand for premium cars and growing need to control light inside the vehicle is fueling the growth of automotive sunroof market. The major driver influencing the growth of automotive sunroof is
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Fasteners Market
Fasteners are the mechanical components that holds, joins or affixes two or more parts together, automotive industry is the largest market for the fastener. Automotive fasteners are made up of various materials such as Iron, Aluminum, Brass, Nickel, Stainless steel, Plastic, they are further classified with their distinct characteristics. Automotive fasteners are generally used for the clamping parts of vehicle together to avoid their separation or wobbling, transmitting loads as
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,