Aug 26, 2020 9:00 AM ET

iCrowd Newswire – Aug 26, 2020

According to the latest market research report “Automotive Brake Components Industry Market Growth, Trends, Size, Share, Players, Product Scope, Regional Demand, COVID-19 Impacts and 2026 Forecast” released by Global Market Monitor, the global Automotive Brake Components market is expected to reach $121 million by 2026.

Brake pads, rotors, calipers and caliper supports are the main components of disc brakes, while drum brakes consist of pads, shoes, drums, wheel cylinders, return springs and automatic or self-adjusting systems. The primary function of the brake is to reduce speed or stop the vehicle, and these components are responsible for producing the braking effect.

Globally, the automotive brake components market is gaining popularity and expanding to various regions such as Asia Pacific, North America, Europe, South America, and the Middle East and Africa. Asia Pacific is expected to dominate the global automotive brake components market owing to the increase in automotive production in economies such as India and China.

Growing vehicle production in developing countries will drive the market growth and technological advancements and increasing adoption of regenerative braking to improve safety in emergency situations. These market trends are expected to drive the market growth over the forecast period due to increasing concern over fatalities due to road traffic accidents and increasing demand for safety features in transportation. 

Get FREE Sample of Automotive Brake Components Market Report at:

https://www.globalmarketmonitor.com/request.php?type=3&rid=546586

 The Major Players Profiled in This Report Include:

Robert Bosch GmbH

Continental AG

ZF Friedrichshafen AG

Wabco Holdings, Inc.

Knorr-Bremse AG

Aisin Seiki Co, Ltd.

The Type and Application Analysis:

On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:

Brake Caliper

Brake Shoe

Brake Line

Others 

On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:

Passenger Cars

Light Commercial Vehicles

Heavy Commercial Vehicles 

To Identify the Key Trends in the Industry, Click on the Link Below:

https://www.globalmarketmonitor.com/reports/546586-automotive-brake-components-market-report.html

For Detail TOC Click Here:

https://www.globalmarketmonitor.com/request.php?type=3&rid=546586

 Automotive Brake Components Report Table of Content:

Chapter 1 Report Overview

Chapter 2 Market Trends and Competitive Landscape

Chapter 3 Segmentation of Automotive Brake Components Market by Types

Chapter 4 Segmentation of Automotive Brake Components Market by End-Users

Chapter 5 Market Analysis by Major Regions

Chapter 6 Product Commodity of Automotive Brake Components Market in Major Countries

Chapter 7 North America Automotive Brake Components Landscape Analysis

Chapter 8 Europe Automotive Brake Components Landscape Analysis

Chapter 9 Asia Pacific Automotive Brake Components Landscape Analysis

Chapter 10 Latin America, Middle East & Africa Automotive Brake Components Landscape Analysis

Chapter 11 Major Players Profile

11.1 Robert Bosch GmbH 

11.1.1 Robert Bosch GmbH Company Profile and Recent Development 

11.1.2 Market Performance 

11.1.3 Product and Service Introduction 

11.2 Continental AG 

11.2.1 Continental AG Profile and Recent Development 

11.2.2 Market Performance 

11.2.3 Product and Service Introduction 

11.3 ZF Friedrichshafen AG 

11.3.1 ZF Friedrichshafen AG Company Profile and Recent Development 

11.3.2 Market Performance 

11.3.3 Product and Service Introduction

Chapter 12 Data Source and Research Methodology

The List of Tables and Figures

Avail a FREE Sample to Know More About the Complete Report:

https://www.globalmarketmonitor.com/request.php?type=3&rid=546586

 Available CustomizationsMarket Monitor offers customizations according to the company’s specific needs.

Automotive Brake Components Report Provide:

Potential opportunities and challenges analysis in Automotive Brake Components market.

Current and future market outlook in the developed and emerging regional markets.

Detailed analysis of the segment that is expected to dominate the market.

Regions that are expected to witness the fastest growth during the forecast period.

Identify the latest developments, market shares, and strategies employed by the major market players.

Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.

Analysis of Influences of COVID-19 to the present and future Automotive Brake Components market and related industry.

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Contact Information:

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Quella – Global Market Monitor
E-mail: [email protected]
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Keywords:    Automotive Brake Components Industry, Market Growth