Brake System Market – Analysis & Developments
The Brake System Market is projected to reach USD 26.5 billion by 2026 from an estimated USD 20.9 billion in 2021, growing at a CAGR of 4.9% during the forecast period. The roll-out of safety regulations has made electronic braking systems a mandatory feature in several countries.
Also, the popularity of disc brakes in passenger cars and commercial vehicles in regions such as North America, Europe...
Automotive Brake System Market worth $28.5 Billion By 2018
The “Automotive Brake System Market By Geography, Brake Type (Disc, Drum), Vehicle Type (Passenger Cars, Light & Heavy Commercial, Two Wheelers) & Technology (Electronically Assisted & Others)—Global Trends & Forecast to 2018” report covers automotive brakes market in terms of volume (thousand tons) and value ($ million) for foundation brake types disc & drum brake....