Automotive Brake Market Size, Application, Manufactures Analysis and Opportunity Assessment Forecast by 2025
QY Research has published the new industry research report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.
Los Angeles, CA -- (SBWire) -- 05/16/2019 --A typical automotive brake system or braking system comprises of a brake device having different components, which are used for slowing or stopping down a vehicle. More precisely, these devices decrease or stop the speed of a moving or rotating body by absorbing kinetic energy mechanically or electrically.
China, Europe and North America are still the major suppliers of brake system. These traditional powerful manufacturing companies, all these companies have advanced technology, which bring them large market share.
The global Automotive Brake market was 11000 million US$ in 2018 and is expected to 12600 million US$ by the end of 2025, growing at a CAGR of 1.7% between 2019 and 2025.
This report studies the Automotive Brake market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automotive Brake in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ZF
Aisin
Akebono Brake Industry
CBI
Continental
Nissin Kogyo
Mando
APG
Knorr-Bremse
Wabco
XinYi
Shandong Aoyou
By the product type, the market is primarily split into
Disc Brakes
Drum Brakes
By the end users/application, this report covers the following segments
Passenger Vehicle
Commercial Vehicle
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