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Global Brakes Market Will Grow at a CAGR 1.7% and Reach USD 12.4 Billion by 2023, from USD 11.2 Billion in 2017

New Global Brakes Market 2023 Report Covers market forecast and top Companies like Federal-Mogul, Aisin-Seiki, Robert Bosch, Brembo, Continental and others.


Lewes, DE -- (SBWIRE) -- 11/20/2018 -- Global Brakes market will register a 1.7% CAGR in terms of revenue, reach US$ 12400 million by 2023, from US$ 11200 million in 2017.

Brakes for friction product are a mechanical device that inhibits motion by absorbing energy from a moving system. It is used for slowing or stopping a moving vehicle, wheel, axle, or to prevent its motion, most often accomplished by means of friction.

In consumption market, the growth rate of global consumption is smooth relatively. USA and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.

We tend to believe this industry is an emerging industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.

Over the next five years, Study projects that Brakes will register a 1.7% CAGR in terms of revenue, reach US$ 12400 million by 2023, from US$ 11200 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Robert Bosch
Delphi Automotive
SGL Carbon AG
Akebono Brake Industry
Longji Machinery
Gold Phoenix

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Brake Pads
Brake Shoes
Brake Lining
Brake Rotor
Brake Drum

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Passenger Cars
Commercial Cars

Spanning over 144 pages "Forecast of Global Brakes Market 2023" report covers Brakes Market Overview, Global Brakes Sales, Revenue (Value) and Market Share by Players, Global Brakes Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Brakes Sales, Revenue and Price, Europe Top 5 Players Brakes Sales, Revenue and Price, Asia-Pacific Top 5 Players Brakes Sales, Revenue and Price, South America Top 5 Players Brakes Sales, Revenue and Price, Middle East & Africa Top 5 Players Brakes Sales, Revenue and Price, Global Brakes Players Profiles/Analysis, Global Brakes Market Forecast (2018-2023), Brakes Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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