Asia-Pacific Disc Brake Market Worth $7.9 Billion by 2018 July 2014

Asia-Pacific Disc Brake Market Worth $7.9 Billion by 2018 The global disc brake market is estimated to grow at a rate of 8.1%, over the period 2013 to 2018. Increasing national and international regulations towards vehicle safety, regulations for vehicle stopping distance, and changing customer orientation in the direction “Asia-Pacific disc of personal safety, would upsurge the overall demand of brakes are automotive disc brakes. anticipated to grow at a CAGR of 9.3%.” Disc brake technology has better heat dissipation efficacy, light-weight, more efficiency in all-weather conditions, and lesser stopping distance. Hence, they are considered more reliable than drum brakes. Due to the above mentioned reasons, disc brakes have already started gaining a significant market share. However, penetration of disc brakes in the commercial vehicle segments is limited to the European region only, whereas other regions prefer disc brakes in passenger vehicle segment only. Get Free 10% Customization in This Report Browse through the market data tables, figures and detailed ToC on the “Europe Thin Films Material Market”. http://www.micromarketmonitor.com/market/asia-pacific-disc-brake-5928999852.html Related Reports European Disc Brake Market The European region is characterized by the technical advancements and the use of new technology. The region is the first one to introduce disc brakes in commercial vehicles. With the introduction of disc brakes in the commercial vehicles, the market for the disc brakes in the region has increased, which provides the vehicle manufacturers to penetrate further in the Email: [email protected] Tel: [phone]