Brake Friction Products Market: Trends and Developments
The Brake Friction Products Market is projected to reach $13.3 billion by 2026 from $10.8 billion in 2021, at a CAGR of 4.3% during the forecast period. Stringent emission norms and brake disc technology, advanced brake friction materials to drive the brake friction products market.
Stringent brake emission norms, increased safety standards, stopping distance regulations, increase in vehicle...
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...