Report Code: A08496 | Pages: NA | Apr 2023 | 2826 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Brake Friction Market
Request Now !Brake friction deals with developing the products that assist in either stopping or reducing the speed of the vehicle. Automotive brake friction products comprise various products such as brake pad, brake drum, brake shoe, disc, and liner. Brake pads consist of asbestos or semi-steel plated back facing the brake disc. Brake pads convert the kinetic energy into mechanical energy, which assists the vehicle in stopping. Furthermore, disc brake system consists of two brake pads in the caliper, which is mounted on the disc. In addition drum brake products, such as brake shoes, push outward and stop the motion of the brake drum.
COVID-19 scenario analysis:
The significant factors that impact the growth of the brake friction market are increase in vehicle production and increase in use of brakes due to traffic congestion. Moreover, improving life of brakes friction products to influence the demand for replacement unit and advancements in brake technologies to eradicate the use of friction material hamper the growth of the brake friction market. Furthermore, rise in demand for electric and hybrid vehicles and use of lightweight material in brake friction products are expected to fuel in the growth of the brake friction market.
Brake is a main component of every vehicle that stops or slows down the vehicles. Increase in production of vehicles leads to increase in requirement for brake components, thereby driving the growth of the market. In addition, more use of brakes reduces the brake shoe size, power and leads to quick change thus resulting in the growth of the brake friction market.
With increase in traffic congestion, use of brakes increases while driving. More use of breaks hampers the brake pads and reduces the breaking power. When the braking power reduces, there is a high demand for change of brake pads of brake shoes. Therefore, changing the brake increases the demand for brakes pads, thereby resulting in the growth of the brake friction market.
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Questions answered in the brake friction market research report:
Brake Friction Market Report Highlights
Aspects | Details |
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By Product Type |
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By Disc Material |
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By Vehicle Type |
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By Type |
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By Region |
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Key Market Players | Robert Bosch, Aisin Seiki, Nisshinbo Holding, Federal-Mogul, Brembo, Delphi, Tenneco, Akebono Brake Industries, Miba, SGL Group |
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