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Forecasts Asia-Pacific Disc Brake Market Worth $7.9 Billion by 2018
ď ą The global disc brake market is estimated to grow at a rate of 8.1%, over the period 2013 to 2018. ď ąIncreasing national and international regulations towards vehicle safety, regulations for vehicle stopping distance, and changing customer orientation in the direction of personal safety, would upsurge the overall demand of automotive disc brakes. ď ąDisc brake technology has better heat dissipation efficacy, light-weight, more efficiency in allweather conditions, and lesser stopping distance
Browse through the market data tables, figures and detailed ToC on the “Asia-Pacific Disc Brake Market�.
http:// www.micromarketmonitor.com/market/asia-pacific-disc-brake-59289
http:// www.micromarketmonitor.com/market/asia-pacific-disc-brake-5928999852.html
ď ą Disc Brake are considered more reliable than drum brakes. Due to the above mentioned reasons, disc brakes have already started gaining a significant market share. ď ą However, penetration of disc brakes in the commercial vehicle segments is limited to the European region only, whereas other regions prefer disc brakes in passenger vehicle segment only. http://www.micromarketmonitor.com/market/asia-pacific-disc-brake-5928999852.html
• Due to the increasing population, improved lifestyle, and standard of living, the demand for vehicles has increased significantly in the past few years. Mass production techniques, lower manufacturing costs, and cheap labor available in developing countries, offered greater benefits to the vehicle manufacturers in the region. • With the increase in the production of the vehicle and the opportunities which the region presents to the vehicle manufactures, the demand for disc brake in the region is increasing. The market for the Asia-Pacific disc brakes is anticipated to grow at a CAGR of 9.3%. http://www.micromarketmonitor.com/market/asia-pacific-disc-brake-5928999852.html
Related Reports • European Disc Brake Market: The disc brake market for Europe has been estimated to grow at a CAGR of 5.7%, for the given period. http://www.micromarketmonitor.com/market/europe-disc-brake-9342514383.html
• North American Disc Brake Market: The disc brake market for North America is estimated to grow at a CAGR of 8.1%. http://www.micromarketmonitor.com/market/north-america-disc-brake-9815234502.html
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