AU_183920
|
Pages: NA
|
Mar 2019 | 994 Views
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*: |
|
Brakes are the essential mechanical fixtures in automotive & machine equipment used to reduce the speed of the system. The average lifecycle of brakes is less; thus, introduction of enhanced brakes drives the market. This eventually boost the growth of the sectors such as automotive, oil & gas, steel industry, coal industry, and others. In the recent years, rapid urbanization and demand for convenient lifestyle have propelled the market. These factors are anticipated to make way for growth opportunities during the forecast period.
The global brake systems market is driven by increase in vehicles, use of highly specialized cranes for construction, rise in drilling & exploration of oil & gas, and strict reforms in traffic implementation. However, duplicate & low-quality brakes system restrains the growth of the market. Moreover, use of eco-friendly & light weight brake system is expected to provide new opportunities in the brake systems market.
The global brake systems market is segmented based on type, component, application, and geography. Based on type, it is categorized into disc, drum, anti-lock braking system, advanced emergency braking system and others. Based on the component, it is classified into pad, shoe, drum, lining, rotor, system, and others. Based on application, it is divided into commercial vehicles, aerospace, industrial machines, and others. Geographically, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, Taiwan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The major players profiled in the report include Tenneco Inc., Federal-Mogul LLC., AISIN SEIKI Co., Ltd., Miba AG, Robert Bosch GmbH, Nisshinbo Holdings Inc., Brembo S.p.A., SGL Group, Akebono Brake Corporation, and Delphi Automotive LLP.
Key Benefits
Key Players
Enterprise
License/PDF
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high level data integrity, accurate analysis and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.