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Automotive Brake System Market to Reach $28.5 Billion by 2018 at a CAGR of 7.14% - New Report by MarketsandMarkets
Date:5/7/2013

ave boosted this demand for passenger cars on a larger scale.

Many of the vehicle manufacturers and thereby OEM providers are shifting their focus towards developing regions of the world. This has helped the automotive brakes market to grow in developing countries. On the contrary, the demand for light or heavy commercial vehicles is limited and hence the demand for brakes used in commercial vehicles would grow at a slower rate.

The report covers automotive brakes market in terms of volume (thousand units) and revenue ($million) across regions such as Asia-Pacific, Europe, North America, and ROW. The report explains qualitative and quantitative aspects of automotive brakes components. The report briefly explains the demand for the automotive brakes and braking system market by brake type and by technology. It also explains trends in its demand from year 2011 to 2018. However, the scope of the report is limited to analysis, estimations, and forecast about automotive brakes based on their geography, brake type, vehicle type and technology.

The report also touches on various other important aspects of the automotive brakes market. It includes an analysis of the value chain, Porters five forces analysis, and the competitive landscape. In addition, 20 key players of this market have also been profiled.

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