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� to the increased vehicle production and lifespan of vehicles, the demand for brake friction products is growing. On the basis of Region, North America is estimated to be the fastest growing Automotive Friction Brake System Market. The U. S is the main contributor to the Friction Brake System Market for Automotive. While nations like China and India in the long run are expected to show strong increasing production volumes. On the basis of Vehicle, Passenger Car has the largest market share. Growth in R & D to improve vehicle safety coupled with government initiatives regulating standards for automobile safety is expected to propel demand over the forecasted period.
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Scope of the report
This study provides an overview of The Global Automotive Friction Brake System Industry, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, South America and Middle- East and Africa. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive Friction Brake System. On the basis of Product it is segmented as Disc and Drum Brakes. On the basis of Region it is segmented as North America, Europe, South America, APAC and Middle-East and Africa. On the basis of Vehicle, it is classified as Passenger car, LCV and HCV. Whereas OEM’ s and Aftermarkets are the sub-segments of Sales channel.
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