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(Transportation-News.com, November 15, 2017 ) Market Scenario
Automotive electronic braking system market is progressing towards a strong growth owing to multiple benefits over the conventional systems such as reduction in number of brake system component, predictive braking controls, lower maintenance and enhanced diagnostic of the complete system. The escalating demand for passenger cars and light commercial vehicles is chiefly driving the sales of automotive electronic braking systems. With onset of electric vehicles and hybrid vehicles in emerging markets, demand for efficient braking systems that aid in overall reduction of vehicle weight and improving vehicle efficiency is high. Therefore, the demand for automotive electronic braking systems is anticipated to escalate significantly. However, due to capital intensive nature of equipment, the sales of the Automotive electronic braking system technology is restricted.
Market Outlook:
The developing industry of automotive has largely emphasised on the development of the vehicles that are fast and safe. Brakes have become an important and crucial part of any vehicle so as to ensure the safety which becomes very essential when the demand of speed is increasing steadily. Being commonly used in different automobiles an automotive brake system comprises a brake device having different components (such as brake pads, brake shoes, brake drum, rotor, piston, calliper, master cylinder, and brake booster) which are used for decelerating a vehicle.
The growth in automotive industry is anticipated to fuel the growth of global automotive brake system market along with the increasing concerns over safety and resulting government pressures that have upturned the OEM’s towards the launching of higher technology content, thereby driving the demand for global automotive brake systems across the globe.
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Key Players:
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering: Bendix CVS, Delphi Automotive LLP, Denso, Ficosa International, S.A., Freescale Semiconductor, Navteq, Valeo SA, Visteon Corporation, CTS Corporation, Gentex, Harman, Magna International Inc., Mando, Mobileye, Omron Corporation, Tung Thih Electronic
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Market Segments:
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Disc Brake
• Drum Brake
By Application, the market can be split into
• Passenger Car
• Commercial Vehicle
By Regions, this report covers (we can add the regions/countries as you want)
• North America
• China
• Europe
• Southeast Asia
• Japan
• India
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