The analysts forecast the global automotive disc brake market to grow at a CAGR of 4.27% during the period 2017-2021.
Global Automotive Disc Brake Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is rising adoption of carbon ceramic brake pads. The automotive industry is experiencing the emergence of various performance enhancing technologies to make driving more comfortable, enjoyable, fun, and safer for consumers.
Many automakers are working on such advanced systems and are offering performance-enhancing solutions in their vehicles to attract more customers. The automotive braking system is one such area where rapid developments are initiated by automotive suppliers to increase the performance of the braking system.
One of the major drivers for this market is low car penetration in APAC. Passenger car penetration in APAC is low compared with other regions. As a result, APAC is a favorable market for OEMs as this region has great potential for growth considering the low penetration of cars.
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Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market segmentation by application
Part 06: Geographical segmentation
Part 07: Key leading countries
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/2wwslh/global_automotive