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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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