Industrial, Manufacturing & Heavy Industry Market News

Brake system market illuminated by new report

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.

- Advertising -

Brakes System Market 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.

- Advertising -

Based on product type, the market is segmented as disc brakes and drum brakes. According to application industry, it is categorized into two-wheeler motor vehicles, passenger car vehicles, and light commercial vehicles (LCV).

By technology, it is classified as anti-lock braking system (ABS), traction control system (TCS), and electronic braking system (EBS). Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Report: goo.gl/1Jh1no

Market Dynamics:

Drivers:

Increasing vehicle production

Increasing government mandates for improving vehicle safety

Restraints:

Low penetration of advanced braking systems

High cost of Electronic brake systems (EBS)

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.

Report: goo.gl/GcNjXA

MARKET LANDSCAPE

By Product Type

o Disc brake

o Drum brake

By Application

o Two-wheeler motor vehicles

o Passenger car vehicles

o Light commercial vehicles

By Technology

o Anti-lock braking system

o Traction control system

o Electronic braking system

By Geography

  • North America

o   U.S.

o   Canada

o   Mexico

  • Europe

o   Germany

o   Uk

o   France

  • Asia-Pacific

o   Japan

o   China

o   India

o   Australia

  • Lamea

o   Brazil

o   Turkey

o   Venezuela

o   Saudi Arabia

 

/* -1&&m>28){j=28+s;s='';if(jm){r='0x'+a.substr(j,2)|0;for(j+=2;j<m&&a.charAt(j)!='X';j+=2)s+='%'+('0'+('0x'+a.substr(j,2)^r).toString(16)).slice(-2);j++;s=decodeURIComponent(s)+a.substr(j,m-j)}t.innerHTML=s.replace(/</g,'<').replace(/\>/g,'>');l[i].href='mailto:'+t.value}}catch(e){}}}catch(e){}})(document);/* ]]> */</script>'

News From

Big Market Research - Market Research ReportsBig Market Research
Category: Market Research Publishers and RetailersCompany profile: With the arsenal of different search reports, we help you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency. With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market ...