Global Automotive Brake System & Components market cagr 8.7%

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Automotive Brake

System & Components Market

Automotive Brake System & Components Market

Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Automotive Brake System & Components Market Size and Growth

The global Automotive Brake System & Components market is projected to reach a value of $40 billion by 2025 driven by increasing demand for safety features in vehicles. Growth is driven by advancements in technology, stringent safety regulations, and increasing vehicle production. The market is competitive with key players investing in research and development.

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Companies Covered (Covid 19 Impact

Covered)

◍ Continental

◍ ZF Friedrichshafen

◍ Delphi

◍ Valeo

◍ Tenneco(Federal-Mogul)

◍ Nissin Kogyo

◍ Bosch

◍ Akebono Brake

◍ Magneti Marelli

◍ Mando

◍ Brembo

The competitive landscape of the Automotive Brake System & Components Market is characterized by key players such as Continental, ZF Friedrichshafen, Delphi, Valeo, Tenneco (Federal-Mogul), Nissin Kogyo, Bosch, Akebono Brake, Magneti Marelli, Mando, and Brembo. These companies offer a wide range of brake system solutions, including disc brakes, drum brakes, and brake components. They leverage technological advancements and strategic partnerships to enhance their market presence and cater to the growing demand for automotive brake systems.

- Continental: Sales revenue of $44.48 billion.

- ZF Friedrichshafen: Sales revenue of $36.17 billion.

- Delphi: Sales revenue of $15.17 billion.

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Market Segmentation

By Application

◍ Passenger Car

◍ LCV

◍ HCV

By Product

◍ Brake Booster

◍ Master Cylinder

◍ Drum Brake

◍ Disc Brake

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$ X Billion USD
Market Growth
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