The Global Automotive Disc Brake Market report for by Type (Opposed Piston, Floating Caliper), by Application (Medium & Heavy Commercial Vehicles, Passenger Cars, Light Commercial Vehicles), by geography (North America, Europe, Asia Pacific, Middle East & Africa and South America) is expected to reach US $ 2764.5 Mn by 2027, at a CAGR of 19.67 %.
An increase in adoption of Opposed Piston segment expected to boost the growth in the market.
In opposed Piston the swept areas of the brake pads are enlarged to increase braking force, and here opposed piston types are preferred. The number of pistons can be increased to realize even distribution of pressure on the rotors from both sides. Depending on size of the brake pads.
The APAC region is projected to be leading region in the global Automotive Disc Brake Market.
Region-wise, the Global Automotive Disc Brake Market is segmented into the North America, Europe, Asia Pacific, Middle East & Africa and South America. Among these, the North America region is expected to grow at a XX% rate of CAGR during the forecast period. Rise in Government regulations on stopping distance requirement in the developed countries
Key players operating in the Global Automotive Disc Brake Market includes, BP P.L.C.(UK), Cummins Filtration (US), Shandong Yuean Chemical Industry Co. Ltd (China), Gallay Ltd (England), Hayden Automotive (US), NENGUN CO. LTD (Japan), Calsonic Kansei Corporation (Japan), AKG Thermotechnik International GmbH & Co. KG (Germany), Modine Manufacturing (US)
Maximize Market Research, a Global market research firm with a dedicated team of specialists and data has carried out extensive research about the The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Automotive Disc Brake Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Automotive Disc Brake Market positioning of competitors.
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