Global Automotive Friction Brake System Market Players Analysis, Industry Technologies and Forecast to 2022
Market Highlights
Due to growth of Automotive Industry particularly in developing economies of the world, Friction Brake System Market for Automotive is expected to witness substantial growth over the forecast period. Furthermore, increasing concerns over safety forced the government mandates to improve the vehicle safety as a result of which the demand is expected to be driven. Passenger Car and Commercial Vehicles are expected to lead the growth of automotive friction brake market. The North America is expected to dominate the market by Region. The segment accounted for approximately 60 % market share in the Global Automotive Friction Brake System Market.
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� Akebono Braking Industry Corporation, � Brembo S. P. A, � Continental AG, � Delphi Automotive PLC, � TRW Automotive Holdings Corp., � Aisin-Seiki Co. Ltd., � Federal-Mogul Corporation, � Robert Bosch GmbH, � Halla Mando Corporation, �
Haldex AB
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Research Analysis:
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The market is highly application based. Automotive Friction Brake System Market has witnessed considerable growth in countries such as China, India, and Brazil, owing to upcoming emission norms. Due
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