Global Brake System Market - Size, Trend, Share, and Opportunity Analysis & Forecast, 2014-2025 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 . 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.
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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. By Product Type
Disc brake
Drum brake
By Application
Two wheeler motor vehicles
Passenger car vehicles
Light commercial vehicles
By Technology
Anti-lock braking system
Traction control system
Electronic braking system
Enquire About Report: https://www.progressivemarkets.com/enquiry-about-report/brakesystem-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
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