Automotive Brake Components 2017 Global Market Expected to Grow at CAGR 6.35% and Forecast to 2021

New York, NY -- (SBWire) -- 12/19/2017 --The analysts forecast the global automotive brake components aftermarket to grow at a CAGR of 6.35% during the period 2017-2021.

Automotive brake system helps in stopping or slowing down a vehicle. The automotive brake system is actuated by a group of hydraulic, electronic, or mechanical components. When engaged, the brake pads or shoes that are made of a friction material convert the kinetic energy produced by the wheels of the vehicle into thermal energy, which helps in stopping the vehicle. This occurs due to the transfer of a small amount of the friction material from the brake pad or shoes onto the disc, thereby leaving a dull grey coating on it.

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Covered in this report

The report covers the present scenario and the growth prospects of the global automotive brake components aftermarket for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Automotive Brake Components Aftermarket 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ZF Friedrichshafen
- Brembo
- Federal Mogul
- Akebono

Other prominent vendors
- ADVICS
- Eaton
- TI Automotive
- Dorman Products
- Fras-le
- Centric Parts

Market driver
- Increasing efforts to reduce the cost of advanced braking systems across all vehicle segments
- For a full, detailed list, view our report

Market challenge
- Lack of high precision in tuning leading to possible fatalities
- For a full, detailed list, view our report

Market trend
- Rising adoption of carbon ceramic brake pads
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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Table Of Contents – Major Key Points

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
- Automotive brake systems

PART 05: MARKET LANDSCAPE
- Market overview
- Market size and forecast
- Five forces analysis

PART 06: MARKET SEGMENTATION BY VEHICLE TYPE
- Global automotive brake components aftermarket by vehicle type
- Global automotive brake components aftermarket for passenger cars
- Global automotive brake components aftermarket for CVs

PART 07: MARKET SEGMENTATION BY PRODUCT
- Global automotive brake components aftermarket by type
- Global automotive brake components aftermarket for brake pads
- Global automotive brake components aftermarket for brake shoes
- Global automotive brake components aftermarket for brake calipers
- Global automotive brake components aftermarket for brake rotors
- Global automotive brake components aftermarket for brake drums
- Global automotive brake components aftermarket for brake hoses

PART 08: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – market size and forecast
- EMEA – market size and forecast
- APAC – market size and forecast
- Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges

PART 11: MARKET TRENDS
- Increasing popularity of low- and zero-copper eco-friction brake pad material to enhance the brake system
- Rising adoption of carbon ceramic brake pads
- Growing preference for brake-by-wire technology

PART 12: VENDOR LANDSCAPE
- Competitive benchmarking
- Other prominent vendors

Continue…….

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