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The automotive braking system market is expected to grow at a CAGR of 1.62% to reach a market size of US$38.738 billion in 2024 from US$35.180 billion in 2018. The automotive braking system market will witness a sharp rise during the forecast period owing to therapidly growing demand for automobiles on account ofan increase in disposable income.<br><br>for more information visit us:<br><br>https://www.knowledge-sourcing.com/report/automotive-braking-system-market
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A Complete Study On Global Automotive Braking System Market By Knowledge Sourcing Intelligence Intoduction The automotive braking system is projected to grow at a CAGR of XX% to reach US$ XX billion by 2024 from US$ XX billion in 2018. A braking system is an arrangement of combined linkages and components such as brake lines, drums/discs, master cylinder etc. that are arranged in such a manner that converts a running vehicles kinetic energy to heat energy which in turn deaccelerates or stops the running vehicle.Rapid growing demand for automobiles owing to increase in disposable income is expected to drive the demand for braking systems.The segment of drum brakes is expected to grow at a faster rate on account of fewer costs and application in light motor vehicles, furthermore, the fewer maintenance costs of drum brakes are expected to drive the market share.market research report.
Furthermore, the increasing number of road accidents has led the manufacturers to spend heavily in R&D to bring out the state-of-art technology for advanced and safe braking systems which is also expected to anticipate the market growth opportunities during the forecast period. In an automobile, a braking system is an arrangement of various components and linkages that are arranged in such a manner which are used to stop or de- accelerate a vehicle. The automotive breaking systems market is expected to have substantial growth over the course of the next five years on account of increasing road safety concerns and an increasing number of road accidents across the globe. Segments and Table Content: Table Of Content 1.INTRODUCTION 1.1. Market Overview 1.2. Market Definition 1.3. Scope of the Study 1.4. Currency 1.5. Assumptions 1.6. Base, and Forecast Years Timeline 2. RESEARCH METHODOLOGY 2.1. Research Design 2.2. Secondary Sources 3. EXECUTIVE SUMMARY 4. MARKET DYNAMICS 4.1. Market Segmentation 4.2. Market Drivers 4.3. Market Restraints 4.4. Market Opportunities 4.5. Porter’s Five Force Analysis 4.5.1. Bargaining Power of Suppliers 4.5.2. Bargaining Power of Buyers 4.5.3. Threat of New Entrants 4.5.4. Threat of Substitutes 4.5.5. Competitive Rivalry in the Industry 4.6. Life Cycle Analysis - Regional Snapshot 4.7. Market Attractiveness 5. AUTOMOTIVE BRAKING SYSTEM MARKET BY BRAKE TYPE 5.1. Disc Brakes
5.2. Drum Brakes 6. AUTOMOTIVE BRAKING SYSTEM MARKET BY SYSTEM TYPE 6.1. Hydraulic 6.2. Electromagnetic 6.3. Air/Pneumatic 7. AUTOMOTIVE BRAKING SYSTEM MARKET BY VEHICLE TYPE 7.1. Passenger Vehicles 7.2. Commercial Vehicles 8. AUTOMOTIVE BRAKING SYSTEM MARKET BY GEOGRAPHY 8.1. North America 8.1.1. United States 8.1.2. Canada 8.1.3. Mexico 8.2. South America 8.2.1. Brazil 8.2.2. Argentina 8.2.3. Others 8.3. Europe 8.3.1. Germany 8.3.2. France 8.3.3. United Kingdom 8.3.4. Spain 8.3.5. Others 8.4. Middle East and Africa 8.4.1. Iran 8.4.2. Turkey 8.4.3. South Africa 8.4.4. Others 8.5. Asia Pacific 8.5.1. China 8.5.2. Japan 8.5.3. South Korea 8.5.4. India 8.5.5. Others 9. COMPETITIVE INTELLIGENCE 9.1. Company Benchmarking and Analysis 9.2. Recent Investment and Deals 9.3. Strategies of Key Players 10. COMPANY PROFILES
10.1. Akebono Brake Industry Co. 10.2. Continental AG 10.3. Federal-Mogul Holding Co 10.4. Disc Brakes Australia 10.5. HellaPagid GmbH 10.6. ZF Friedrichshafen AG 10.7. Carlisle Brakes and Friction 10.8. PFC brakes 10.9. Brembo S.P.A TO ORDER OR REQUEST FOR A SAMPLE: Product : Automotive Braking System Market Forecast Period of 2019 to 2024 Link: https://www.knowledge-sourcing.com/report/automotive-braking-system-market Price: US$ –3,800 Single User License US$4,800 – Multi User License US$6,800 – Enterprise License Payment: To pay by Credit Card, please, click “Add to Cart” button on product page and proceed with the payment For wire transfer, write to us at sales@knowledge-sourcing.com For any custom requirements or queries, please visit our website or call us: Website: www.knowledge-sourcing.com Contact us: Address: Suite 406, BSI Business Park, H-140, Sector 63 Noida , U.P. - 201301 India
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