Press release
Brake System Market 2014-2025 : Global Industry Analysis, Market Challenges, Enhance the Productivity, Process, Key Vendors and Major Trends and Company Profiles
Brakes are mechanical devices used for slowing or stopping a moving vehicle by applying pressure on the wheels. Rising number of vehicles and advancements in the vehicle braking systems are the major driving forces for the global Brake System Market.Market By Product Type
• Disc brake
• Drum brake
Brake system consists of different components such as brake pads, brake shoes, rotor, piston brake drum, brake booster, and caliper. The growth in the automotive industry is anticipated to foster the market growth.
Market Drivers:
• Increasing vehicle production(brakes and rotors Market)
• Increasing government mandates for improving vehicle safety
Market Restraints:
• Low penetration of advanced braking systems (brake pads and rotors Market)
• High cost of Electronic brake systems (EBS)
Market By Application
• Two wheeler motor vehicles
• Passenger car vehicles (car brakes Market)
• Light commercial vehicles
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Market Players:
The top players in the global brake system market include TRW Automotive Holdings Corp, Aisin-Seiki Co. Ltd, Continental AG, Akebono Brake Industry Co. Ltd, Brembo S.P.A., Halla Mando Corp, Nissin Kogyo Co, Ltd, Knorr-Bremse AG, Mando Corporation, and Continental AG.
Market By Technology
• Anti-lock braking system
• Traction control system
• Electronic braking system
Market By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
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Table of Content Contain
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter’s analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global brake system market shares analysis, 2014-2025
Continued…
List of Tables
Contain 46 Tables
List of Figures
Contain 46 Figures
Discount on Full Report: https://www.progressivemarkets.com/get-discount/brake-system-market
About Us
Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in U.S. that aims to deliver conversant executive support to foster overall growth of an organization in its domain.
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