Automobile Brake Market Trends and Analysis by MarketsandMarkets. (1)

1
MarketsandMarkets Presents
Automobile Brake Market worth 28.5 Billion By
2018
http//www.marketsandmarkets.com/Market-Reports/au
tomotive-brake-system-market-1070.html
2
The report "Automotive Brake System Market By
Geography, Brake Type (Disc, Drum), Vehicle Type
(Passenger Cars, Light Heavy Commercial, Two
Wheelers) Technology (Electronically Assisted
Others)Global Trends Forecast to 2018",
defines and segments the automotive brakes market
with analysis and forecasting of the global
volume and revenue. Automotive brakes market is
predicted to grow to 28,532 million by 2018, as
compared to 20,210 million in 2013, with a CAGR
of 7.14 from 2013 to 2018. Browse 154 market
data tables with 41 figures spread through 390
pages and in-depth TOC Automotive Brake System
Market By Geography, Brake Type (Disc, Drum),
Vehicle Type (Passenger Cars, Light Heavy
Commercial, Two Wheelers) Technology
(Electronically Assisted Others)Global Trends
Forecast to 2018 http//www.marketsandmarkets.c
om/Market-Reports/automotive-brake-system-market-1
070.html Early buyers will receive 10
customization on this report.
3
 Asia-Pacific The leading market for automotive
brakes In the year 2013, Asia-Pacific region is
estimated to be the largest market for automotive
brakes and would remain top consumer till the
year 2018. The European market would be the
second largest consumer for automotive brakes in
the year 2013, whereas, North America is expected
to be the third largest automotive brake
consumers in the same year. The demand trend is
predicted to remain the same till 2018 however,
demand for automotive brakes in Asia-Pacific and
North American regions is estimated to grow at
the faster rates than in the European
region. EBS gaining market share in the brake
industry Considering automotive brakes demand by
technology, (electronic brake system and
non-electronic brake system vehicles), the
vehicles with electronic brake assistance systems
(EBS vehicles) are estimated to constitute gain
the market share over vehicles with no electronic
brake assistance in the next five years. The
reasons such as increasing safety regulations,
changing buyer preferences towards more safe and
luxurious cars, zest to provide more advanced
features in an automobile due to inter-company
competition of automobile manufacturers etc. are
influencing the demand for electronically
assisted brakes.  
http//www.marketsandmarkets.com/Market-Reports/au
tomotive-brake-system-market-1070.html
4
Disc brakes to go beyond drum brakes market in
next few years The growing concerns over vehicle
passenger safety, stringent environmental
safety regulations and advantages of disc brakes
over drum brakes have made the companies to
consider disc brakes in all vehicle segments.
Disc brake technology has better heat dissipation
efficacy, light weight, more effective in
all-weather conditions and lesser stopping
distance hence they are considered more reliable
than drum brakes and all these benefits can be
availed with not much additional cost. Due to all
aforesaid reasons disc brakes have already
started gaining a significant market share over
drum brakes across the regions. However,
penetration of disc brakes in the commercial
vehicle segments is limited in the European
region only, whereas other regions prefer disc
brakes in passenger vehicle segment
only. Passenger cars prominent market for
automotive brakes Due to increasing population,
improved lifestyle, and standard of living, the
demand for passenger cars has increased
significantly in past few years. Mass production
techniques lower manufacturing costs, cheap
labor available in developing countries and
greater benefits offered by vehicle manufacturers
due to increasing inter-company competitions
have boosted this demand for passenger cars on a
larger scale.
http//www.marketsandmarkets.com/Market-Reports/au
tomotive-brake-system-market-1070.html
5
Many of the vehicle manufacturers and thereby OEM
providers are shifting their focus towards
developing regions of the world. This has helped
the automotive brakes market to grow in
developing countries. On the contrary, the demand
for light or heavy commercial vehicles is limited
and hence the demand for brakes used in
commercial vehicles would grow at a slower
rate. The report covers automotive brakes market
in terms of volume (thousand units) and revenue
(million) across regions such as Asia-Pacific,
Europe, North America, and ROW. The report
explains qualitative and quantitative aspects of
automotive brakes components. The report briefly
explains the demand for the automotive brakes and
braking system market by brake type and by
technology. It also explains trends in its demand
from year 2011 to 2018. However, the scope of the
report is limited to analysis, estimations, and
forecast about automotive brakes based on their
geography, brake type, vehicle type and
technology. The report also touches on various
other important aspects of the automotive brakes
market. It includes an analysis of the value
chain, Porters five forces analysis, and the
competitive landscape. In addition, 20 key
players of this market have also been profiled.
http//www.marketsandmarkets.com/Market-Reports/au
tomotive-brake-system-market-1070.html
6
Contact Us
Mr. RohanNorth - Dominion Plaza, 17304 Preston
Road, Suite 800, Dallas, TX 75252Tel
1-888-6006-441Email sales_at_marketsandmarkets.com
 
7
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
multi-client reports, company profiles,
databases, and custom research services. MM
covers thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.
http//www.marketsandmarkets.com/Market-Reports/au
tomotive-brake-system-market-1070.html