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(Transportation-News.com, October 10, 2017 ) Automotive braking system is a device which is used to slow or stop a moving vehicle usually achieved by friction. A brake system is an important part of any vehicle to ensure the safety as the demand for speed is increasing steadily. Various types of braking system are used such as master cylinder, brake shoe, brake caliper, piston and many more but commonly used are disc brake and drum brake.
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The major driver influencing the growth of automotive are increasing demand in vehicle production and demand for improving the vehicle safety enforced by the government whereas the high cost associated with automotive braking system can act as a restraining factor in the market. Increasing production of heavy vehicle is expect to fuel the market in the forecasted period.
List of Companies
1. Robert Bosch GmbH
2. ZF Friedrichshafen AG
3. Aisin Seiki Co., Ltd.
4. Continental AG
5. Mando Corp.
6. Autoliv Inc.
7. AKEBONO BRAKE INDUSTRY Co., Ltd.
8. Federal-Mogul LLC
9. Wabco Holdings Inc.
10. Hitachi Automotive Systems, Ltd.
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Source: EmailWire.Com 
Source: EmailWire.com
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