Wednesday, October 17, 2018

Automotive Braking Systems Market is Expected to Reach USD 28.13 billion with5.46% by the End of 2023

Crystal Market Research details out informative data related to Automotive Braking Systems Market which anticipated to garner major market share. This Research Report provides the newest realistic data useful for future worldwide business trend.

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Market Trend Outlook
The Automotive Braking Systems Market was worth USD 17.43 billion in 2014 and is expected to reach approximately USD 28.13 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.46% during the forecast period.  The market is anticipated to encounter a huge upsurge throughout the following years, inferable from the execution of cutting edge frameworks, for example, Traction Control System (TCS), Antilock Braking System (ABS), Electronic Stability Control (ESC), and Electronic Brake-Force Distribution (EBD), among others. The advent of smart braking systems has prompted a reduction in the quantity of mishaps and loss of lives. These can be incorporated with other safety systems that empower speed control and avoid sliding of vehicles to limit dangers of a potential accident. The expanding production of vehicles and sales combined with rules over halting distances, have contributed majorly to the development and improvement of the business.
Competitive Analysis
The leading players in the market are Robert Bosch GmbH, Federal-Mogul, ZF Friedrichshafen, Autoliv, Akebono Brake Industry, Brembo Brake India Pvt ltd and Continental AG. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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Market Segmentation 
Automotive Braking System Market, By Type, Estimates and Forecast, 2014-2023($Billion)
Disc Brakes
Drum Brakes
Automotive Braking System Market, By Vehicle Type, Estimates and Forecast, 2014-2023($Billion)
Passenger Cars
Commercial Vehicles
Automotive Braking System Market, By Technology, Estimates and Forecast, 2014-2023($Billion)
Anti-Lock Brake System (ABS)
Traction Control System (TCS)
Electronic Stability Control (ESC)
Electronic Brake-Force Distribution (EBD)

By Region-
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

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Table of Contents
11. Introduction
1.1. Report Description
2. Executive Summary
2.1. Key Highlights

3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities

4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4. south America (Brazil, Argentina, Columbia and Rest of South America)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

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