Albany, NY -- (SBWIRE) -- 12/12/2018 -- The surge in the automotive industry has had its impact in the automotive carbon ceramic brakes market. Unlike normal brake pads, carbon ceramic brake pads have longer life which could be attributed to its material composition. There has been heightening demand for luxury and high performance vehicles globally which has stirred the automotive carbon ceramic brakes market. These assimilations are according to the report titled, "Automotive Carbon Ceramic Brakes Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028," which has been lately added to the repository of Market Research Hub. According to the study, automotive carbon ceramic brakes market is estimated to record a CAGR of 10.9% during the assessment period.
Automotive carbon ceramic brakes, prevalent in luxury cars such as Audi, Porsche, Bentley, Bugatti, Mercedes, Lamborghini and Ferrari, help perpetuate performance, abstain deformation and dispel heat. The demand for luxury and sports car is exponentially high in Europe and NAFTA (comprises of Canada, Mexico and the U.S.) region in the wake swelling demand for luxury and sports cars.
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Thriving automotive sector is set to propel the expansion of the automotive carbon ceramic brakes market. Moreover, the embracement of automotive carbon ceramic brakes by upscale manufacturers along with the surge in the purchasing power of consumers is set to further fuel the market.
Automotive Carbon Ceramic Brakes Market: Report Content
The report provides a thorough analysis on the automotive carbon ceramic brakes market. Besides, the report does a perusal on the drivers, restraints trends and opportunities of the market. Further, the report does assessment of the report on the basis of sales channel, vehicle type and region. On the basis of sales channel, the market covers Original Equipment Manufacturer (OEM), Original Equipment Supplier (OES) and Independent Aftermarket (IAM). With regards to vehicle type, market includes passengers' cars, commercial vehicles, light commercial vehicles, heavy buses and trucks and off-road vehicles.
One of the sections is dedicated on the analysis of the internal and external competition in the market. The other section illustrates the automotive carbon ceramic brakes on the basis of region, providing the market overview for 2018-2028.
The final section of the report covers the competitive landscape to provide the dashboard view of the prominent companies in the market. Besides, this section peruses essential offerings, long term and short term strategies of the manufacturers. Some of the prominent players are Surface Transforms plc, Brembo S.P.A., Rotora, to name a few.
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Automotive Carbon Ceramic Brakes Market: Research Methodology
An exhaustive research methodology has been embraced with regards to providing a research approach incorporating of secondary and primary research. The insights in the report is the result of an in-depth secondary research, primary interviews and in-house reviews by panel of experts. One of the unique features of this report is that analysis has been done on the basis of absolute dollar opportunity which is often shunned while projecting the market.
The secondary research embodies company websites, SEC filings and presentations by investors, industry white paper and statistical database. The primary research embodies face to face interviews, phonic interviews and e-mail interaction. To furnish the readers with an unbiased report, a panel of expert analyzes the data collected from various sources.
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