Press Release Distribution Services

Asia Pacific Automotive Brake Systems Market


Asia Pacific Automotive Brake Systems Market size was valued at US$20.99 Bn in 2018 and is expected to grow at a CAGR of XX % over the forecast period. Asia Pacific Automotive brake systems is…  The automotive brake system is segmented by break type, by vehicle type, by technology and Country. Brake type is classified into disc brake, drum brake. Based on vehicle type market is split into passenger cars and commercial Vehicles. Technology is divided into ABS, TCS, ESC and EBD. Country wise market is segmented into Asia Pacific, China, Japan, India, South Korea, Australia, New Zealand, rest of the Asia Pacific. Asia Pacific Automotive Brake Systems Market, By Brake type




Growth in the safety concerns have led to governmental mandates that lay down the guidelines pertaining to vehicular safety norms. Increasing automotive brake system market is directly linked to the of the demand for passenger cars as well as commercial vehicles. Advancement in brake system such as anti-lock braking system allow drivers to have better control by preventing lock-ups and skidding. Rising cases of accidents and fatalities enforced governments to implement stringent safety regulations and reduce stopping distances. Ever-rising demand and succeeding vehicle production is considered as one of the biggest driver for the growing demand of the automotive brakes and global automotive brake system market penetration. Additionally, the increasing governmental mandates for improving the vehicle safety has strongly contributed to the demand of the Asia Pacific automotive brake system market. The major restraint in the automotive brake system market implies to be the higher cost of the advanced technology of Electronic Brake Systems (EBS) when compared to the commonly used Hydraulic Brakes.




Disc brakes offer benefits such as optimal operation without the help of additional expenses for adjustment and cleaning, less cooling time and overall capacity. As compare to drum brakes, disc brakes provide better stopping performance, as the disc is cooled readily. Additionally, disc brakes are less prone to brake fade caused by overheating of brake components and they recover quickly from immersion. So, auto manufacturers are increasingly deploying disc brakes in vehicles owing to enhanced riding experience and growing demand for safety. Disc brakes offer larger controlled and shorter braking distance irrespective of the road conditions, thereby ensuring the safety of the occupants. On the basis of Technology, Traction Control System (TCS) technology is dominating market. Vehicles with ESC must have Anti-lock Braking System (ABS) and TCS.




This three electronic braking technologies use the same wheel sensors and offer enhanced braking performance. Following order to support the growth of braking technologies, the governments are introducing various regulations to make these technologies mandatory in passenger cars in the coming years. Key players operates on the market are, Brembo S.p.A, Continental AG, Robert Bosch GmbH, AISIN SEIKI, Borg Warner, WABCO, Hyundai Mobis, Hitachi Ltd., FTE Automotive, Fujitsu Ten Ltd., Nissin Kogya Co., Ltd., Brakes India, Federal Mogul LLCHella Pagid GmbH, Sumitomo Riko Company Ltd., Hutchinson SA, Nisshinbo Brake Inc., TMD Friction Holdings GmbH, MAT Holdings, Inc., ASK Automotive Pvt. Ltd., BNA Automotive India Pvt. Ltd., Mando Corporation, Knorr Bremse AG, and EXEDY Corporation.

More Information https://www.pressreleasepower.com/news/business/asia-pacific-automotive-brake-systems-market

Press Release Distribution Services

Contact No. : +919212306116
Skype: Shalabh.Mishra
Telegram: Shalabhmishra
Email: Shalabh.Mishra@gmail.com

Comments

Post a Comment

Popular posts from this blog

Best Press Release Distribution Services

Image
Sterilizers and Surgical, Dental Care and Equipment Disinfectors Market is Likely to be Worth INR 1,390.2 crore by 2020 The  India sterilizers and surgical, dental care and equipment disinfectors market   features the presence of several players that are either indigenous or are global players that have a subsidiary company in this market, finds Transparency Market Research (TMR) in a new report. Technological advancements to strengthen their product offering is the key focus of top players in the India sterilizers and surgical, dental care and equipment disinfectors market. To attain this, investments in R&D and construction of modern manufacturing units are key focus of top players in the said market. Key players operating in the India sterilizers and surgical, dental care and equipment disinfectors market include 3M, Antrix Hygiene Ltd., Medi-Vet Animal Health LLC, Reckitt Benckiser Group plc, Raman & Weil Pvt. Ltd., Schulke India Pvt Ltd., Win-Medicare Pvt Ltd., i
Read more

Press Release Distribution Services

Image
How to Fix Gmail Error Code 101? Gmail is a mail application that assists the users in keeping their files and personal data safe and secure. It offers the facility of Google drive and many more that allows the users in securing their personal data such as photos, videos and much more safe from being hacked. Google provides numerous services and Gmail assists Google in providing those services to the users. Gmail is an important and inimitable product that helps the users in sending and receiving emails, saving their word, excel and other files, connecting with people & Gmail id can be used as verification factor for any other website. It can happen sometimes that the users might face some kind of issue in the working of the product due to Error 101 in Gmail. This error is mainly known to create problems in the process of downloading and installing the product. To keep the files and information safe from being tampered, it is important that the users solve the issue
Read more