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(Transportation-News.com, January 15, 2018 ) Automotive braking system is a device which is used to slow or stop a moving vehicle usually achieved by friction. A brake system is an important part of any vehicle to ensure the safety as the demand for speed is increasing steadily. Various types of braking system are used such as master cylinder, brake shoe, brake caliper, piston and many more but commonly used are disc brake and drum brake.
The major driver influencing the growth of automotive are increasing demand in vehicle production and demand for improving the vehicle safety enforced by the government whereas the high cost associated with automotive braking system can act as a restraining factor in the market. Increasing production of heavy vehicle is expect to fuel the market in the forecasted period.
The "Automotive Braking System Market Analysis to 2025" is a specialized and in-depth study of the automotive braking system industry with a focus on the global market trend. The report aims to provide an overview of global automotive braking system market with detailed market segmentation by type, vehicle type, technology, modes of operation and geography. The global automotive braking system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
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Automotive braking system is a device which is used to slow or stop a moving vehicle usually achieved by friction. A brake system is an important part of any vehicle to ensure the safety as the demand for speed is increasing steadily. Various types of braking system are used such as master cylinder, brake shoe, brake caliper, piston and many more but commonly used are disc brake and drum brake.
The major driver influencing the growth of automotive are increasing demand in vehicle production and demand for improving the vehicle safety enforced by the government whereas the high cost associated with automotive braking system can act as a restraining factor in the market. Increasing production of heavy vehicle is expect to fuel the market in the forecasted period.
Also, key automotive braking system market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Robert Bosch GmbH, ZF Friedrichshafen AG, Aisin Seiki Co., Ltd, Continental AG, Mando Corp., Autoliv Inc., AKEBONO BRAKE INDUSTRY Co. Ltd., Federal-Mogul LLC, Wabco Holdings Inc., and Hitachi Automotive Systems, Ltd.
Complete Report is Available at http://www.reportsweb.com/automotive-braking-system-market
Global Automotive Braking System Market Players:
1. Robert Bosch GmbH
2. ZF Friedrichshafen AG
3. Aisin Seiki Co., Ltd.
4. Continental AG
5. Mando Corp.
6. Autoliv Inc.
7. AKEBONO BRAKE INDUSTRY Co., Ltd.
8. Federal-Mogul LLC
9. Wabco Holdings Inc.
10. Hitachi Automotive Systems, Ltd.
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