The Global Automotive Disc Brake Market Will Grow Steadily through 2019 with a CAGR of 6.67 Percent: Technavio

LONDON--()--Thanks to a rise in demand for disc brakes in motorcycles, the Global Automotive Disc Brake Market is expected to grow at a CAGR of 6.67 percent from 2015-2019, says research firm Technavio.

About the Report

Safety concerns among motorcycle owners are increasing and manufacturers are seizing on this to differentiate their product. Motorcycles with disc brakes allow a rider to enjoy a safer ride than those with drum brakes, and more and more high-end motorcycles are coming equipped with disc brakes on both wheels.

“Disc brakes provide a shorter, more controlled stopping distance in critical conditions such as on wet or slippery roads, which has increased their demand in motorcycles,” says Faisal Ghaus, Vice President of Technavio.

According to the latest report by Technavio, the demand for automobiles is rising in developing countries like India, Brazil and China. These countries have recorded high growth rates in recent years and are competing with developed economies like North America and Western Europe.

“The prospects for automobiles in these markets are expected to improve dramatically during the forecast period, thus resulting in a positive environment for the global automotive disc brake market,” says Ghaus.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2019
  • Market Growth Drivers:
    • Increase in demand for disc brakes in motorcycles
    • For a full detailed list, view our report.
  • Market Challenges:
  • Market Trends:
  • Key Vendors:
    • Aisin Seiki Co. Ltd.
    • Akebono Brake Industry Co. Ltd.
    • Brembo SpA
    • Continental AG
  • Other Prominent Vendors:
    • Accuride Gunite
    • EBC Brakes
    • Federal-Mogul Holdings

Technavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the brake systems market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com

Release Summary

Thanks to a rise in demand for disc brakes in motorcycles, the Global Automotive Disc Brake Market is expected to grow at a CAGR of 6.67 percent from 2015-2019, says research firm Technavio.

Contacts

Technavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com