Selbyville, Delaware. Automotive brake pads Market report provides key statistics on the market status of the Automotive brake pads Industry and is a valuable source of guidance and direction for companies and individuals interested in the Automotive brake pads Market. Automotive brake pads Market Report covers the companies’ data, including Growth potential analysis, Executive Summary, Data sources, Industry segmentation, Porter’s analysis, Business trends, Growth drivers, Price trend analysis, Industry pitfall and challenges, Industry impact forces, Competitive landscape
Global Automotive brake pads industry profile provides top-line qualitative and quantifiable information including: Automotive brake pads market share, market size. The profile also contains descriptions of the foremost players including key financial metrics and analysis of competitive pressures within the Automotive brake pads market. Essential resource for top-line data and analysis covering the global Automotive brake pads market. Includes Automotive brake pads market size and segmentation data, textual and graphical analysis of Automotive brake pads market growth trends and leading companies.
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Automotive brake pads Market forecasting derived from in-depth understanding attained from future market spending patterns provides enumerated insight to support your decision-making process. Our market forecasting is based on a market model derived from market connectivity, dynamics, and identified persuasive factors around which conventions about the market are made. These conventions are enlightened by fact-bases, put by primary and secondary research instruments, regressive analysis and an extensive connect with industry people.
Global Automotive brake pads Market is valued approximately USD 3339.4 million in 2018 and is anticipated to grow with a healthy growth rate of more than 5.0% over the forecast period 2019-2026. Brake pads are the most significant component of an automobile braking system. An automotive braking system is known as a group of electronic, mechanical, and hydraulically activated components, which make use of friction/heat to stop a moving vehicle. Increasing need for advanced technology automotive brakes for passenger as well as commercial vehicles, growing demand for high-performance vehicles along with the increase in number of road accidents are some major trends that strengthen the growth of the automotive brake pad market over the forecast period of 2019-2026.
For instance: The Edison Electric Institute estimated that, global electric vehicles sales totaled about 312,000 in Q1 2018, an increase of 58% compared to Q1 2017, Also, it is estimated that number of electric vehicles on the road in the United States, is about 8,90,000 in 2018, up from number of electric vehicles of approximately 6,00,000 in 2017. As a result, high utility of automotive brake pad is observed in passenger vehicles thereby, supplementing the growth of the market. However, increasing raw material prices and stringent government regulations for pad manufacturing and raw material are some major forces that impede the growth automotive brake pad market over the forecast period of 2019-2026.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
- Federal-Mogul Corporation
- Robert Bosch GmbH
- TRW (acquired by ZF Friedrichshafen AG)
- Nisshinbo Holdings Inc
- MAT Holdings, Inc
- ITT Corp
- Honeywell International Inc.
- Akebono Brake Corporation
The objective of Automotive brake pads market is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The report on Automotive brake pads market is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Some of the Highlights about Table of Content of Automotive brake pads Market
1 Automotive brake pads Market overview
- Market Introduction
- Research Objectives
- Years Considered
- Automotive brake pads Market Research Methodology
- Economic Indicators
- Currency Considered
2 Executive Summary
- World Market Overview
- Global Automotive brake pads Consumption analysis and forecast
- Automotive brake pads Consumption CAGR by Region
3 Market Drivers, Challenges and Trends
- Automotive brake pads Market Drivers and Impact
- Growing Demand from Key Regions
- Growing Demand from Key Applications and Potential Industries
- Market Challenges and Impact
- Automotive brake pads Market Trends
4 Marketing, Distributors and Customer
- Sales Channel
- Direct Channels
- Indirect Channels
5 Key Players Analysis
- Company Details
- Main Business Overview
- Product Benchmarking
- Recent Developments and Technological Advancement in Automotive brake pads Market
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