Global Automotive Brake System Will Rise At CAGR 5.7% & 25bn by 2022

The automotive brake system market is anticipated to record substantial growth over the course of the forecast period because of the importance of the automobile industry in both developed and emerging economies. Rising safety concerns amongst the general population have compelled national governments to issue guidelines and mandates with respect to improving vehicular safety. Persistence Market Research has recently prepared an exhaustive report titled ‘‘Automotive Brake System Market: Global Industry Analysis (2012-2016) & Forecast (2017-2022)’.The report delivers a historical analysis for the period 2012 to 2016 along with a forecast for the five-year study period from 2017 to 2022 for the automotive brake system market. The study is an accurate representation of the market dynamics across the regions APEJ, MEA, Latin America, North America, Europe, and Japan that influence both the current as well as future potential that exists in the automotive brake system market.

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Automotive Brake System Market Taxonomy

Region

North America
Latin America
Europe
Japan
APEJ
MEA
Brake Type

Disc Brake
Drum Brake
Sales Channel

OEM
Aftermarket
Vehicle Type

Mid-sized Passenger Cars
Compact Passenger Cars
Luxury Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Premium Passenger Cars
Technology

Anti-Lock Braking System (ABS)
Electronic Stability Control (ESC)
Traction Control System (TCS)
Electronic Brake-Force Distribution (EBD)
The automotive brake system report has included a detailed evaluation of the automotive brake system and offers important insights on the factors impacting and driving the sales of automotive brake systems. The study comprehensively assesses key stakeholder strategies critical to succeed in the automotive brake system market. The automotive brake system market has studied the market on the basis of brake type, sales channel, vehicle type, technology, and region.

The automotive brake system market report begins with a broad overview of the automotive brake system market in terms of value expressed in US dollars. Furthermore, this section touches on the technological trends and opportunity analysis influencing the automotive brake system market as a whole. A thorough evaluation of each market size for the automotive brake system market across the different geographic regions is par for the course in the automotive brake system market report. The market presence for key participants in the automotive brake system market concludes this section.

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Another section has an in-depth analysis of the automotive brake system market across different countries. This chapter highlights relevant trends within important countries that contribute to the growth of the automotive brake system market. An adequate amount of focus has been given to both developed and emerging economies and companies that seek to target specific high-growth areas are advised to refer to this section of the automotive brake system market report.

In an uncertain global economy, it is essential to conduct forecasts not only in terms of CAGR, but also look at the market with the help of other key metrics such as Y-o-Y growth rate and absolute dollar opportunity. The final sections of the automotive brake system market report mention the competitive landscape in the automotive brake system market. A dashboard view of the immediate competition has all the necessary information that new entrants and incumbents in the automotive brake system market would need. Competitor strategies, recent developments and activities, and financial ratios can be gleaned from this section of the automotive brake system market report. A SWOT analysis can allow readers to devise their business strategies with a degree of confidence.

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