According to the report, Global Brakes (Disc Brakes, Drum Brakes) Market - (By Type, By Region, By Country): Trends, Opportunities and Forecasts (2016-2021), global brakes market is projected to exhibit a CAGR of over 4.66% during 2016 - 2021.
A comprehensive research report titled "Global Brakes (Disc Brakes, Drum Brakes) Market - (By Type, By Region, By Country): Trends, Opportunities and Forecasts (2016-2021)" created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, presents the analysis of the global brake market and has been segmented By Type (Disc and Drum); By Region (North America, Europe, APAC, ROW) and By Country (U.S., Canada, Mexico, UK, Germany, China, India).
Market for brakes is growing steadily on account of the rising number of vehicles in the world, which is caused by the advancements in the vehicle braking system, and is gaining prominence among emerging nations. Rising popularity of electric vehicles among the population along with the growing focus on safety has led to the growth of brake market.
Among the segments, market is expected to be driven by Disc Brakes on account of the technological improvement leading to higher adoption among the customers.
While developed regions will continue to dominate the market in terms of revenue, emerging nations are expected to respond to the market optimistically due to the developing technological advancements, leading to increase in use of disc brakes.
Aisin Seiki Co. Ltd.
Akebono Brake Industry Co. Ltd.
Federal-Mogul Holdings Corporation
Nissin Kogyo Co., Ltd
1. Research Methodology
2. Research Assumptions
3. Executive Summary
4. Strategic Recommendations
5. Global Brake Industry Overview
6. Global Brake Industry: Growth and Forecast
7. North America Brake Industry: Growth and Forecast