Automotive Brake System Market To Reach 298 Million Units In 2017
Visiongain’s comprehensive new 150 page report reveals that the automotive brake system market will reach 298 million units in 2017.
LONDON, UK. 21st March 2017: Visiongain’s new report the Automotive Brake System Market Report 2017-2027Analysis, Trends & Forecasts By Technology (Anti-Lock Braking System (ABS), Electronic Stability Control (ESC), Electronic Brake Distribution (EBD), Traction Control System (TSC)) By Type (Disc, Drum) and By Region Plus Analysis of Leading Companies indicates that the global automotive brake system market will reach 298 million units in 2017.
The lead analyst of the report said: “The brake system is one of the most important parts of a vehicle as it is directly responsible for occupant and vehicle safety. Automotive brake systems help in stopping a vehicle and minimizing the impact of injuries to the passengers in the event of an accident. Increasing demand for vehicle and occupant safety, growing stringency of safety norms and regulations and rising production and sales of vehicles on a global level are driving the brake systems market. This has led to the growing demand for brakes systems on a global level with greater focus on disc brakes over drum brakes due to advantages such as shorter stopping distances, lower maintenance cost and longer usage life in comparison to drum brakes.“
The 150 page report contains 142 tables, charts and graphs that add visual analysis in order to explain developing trends within the automotive brake system market. Visiongain provides forecasts for the period 2017-2027 by technology (Anti-Lock Braking System (ABS), Electronic Stability Control (ESC), Electronic Brake Distribution (EBD), Traction Control System (TSC)) and is also segmented by type (Disc, Drum).
The 150 page study offers automotive brake system market forecasts and analysis for 4 regions and 11 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 10 companies leading the field in automotive brake systems examining their competitive position.
The Automotive Brake System Market Report 2017-2027: Analysis, Trends & Forecasts By Technology (Anti-Lock Braking System (ABS), Electronic Stability Control (ESC), Electronic Brake Distribution (EBD), Traction Control System (TSC)) By Type (Disc, Drum) and By Region Plus Analysis of Leading Companies report will be of value to anyone who wants to better understand the automotive brake system market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the automotive industry.
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