Global Automotive Brake Components Market Size By Product Type, By Vehicle Type, By Geographic Scope And Forecast
Automotive Brake Components Market Size And Forecast
Automotive Brake Components Market was valued at USD 77.42 Billion in 2018 and is projected to reach USD 120.4 Billion by 2026, growing at a CAGR of 5.65% from 2019 to 2026.
Global Automotive Brake Components Market Overview
For stopping distance and pedestrian protection, implementation of regulation by regulatory authorities around the world in concern with safety hence manufacturers are more focusing on development of disc brake solutions as per new regulations regarding stopping distance is fueling the growth of Global Automotive Brake Components Market. Furthermore, New Car Assessment Program (NCAP) is safety program for new cars. NCAP awards ratings to new car based on their performance in the test.
Global Automotive Brake Components Market: Segmentation Analysis
The Global Automotive Brake Components Market is segmented based on Product Type,Vehicle Type, and Geography.
Key Players In Automotive Brake Components Market
The Global Automotive Brake Components Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are
- Robert Bosch GmbH
- Continental AG
- Akebono Brake Corporation
- ZF Friedrichshafen AG
- Federal-Mogul Holdings LLC
- Hitachi Automotive Systems, Ltd
- Aisin Seiki Co. Ltd
- Wabco Holdings Inc.
- ADVICS CO.,LTD.
- Brembo S.p.A.
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