Automobile Brake Industry Market Research & Statistics

Global Brakes Industry

 

World aftermarket sales of light vehicle automotive brake friction products will reach almost $4.3 billion by 2017, according to research from Global Industry Analysts. Market growth will be fuelled by rising automotive products sales and production in Asia and North America. As consumers demand low-cost, long-lasting, high-performing, brake friction products, industry players will continue to witness increasing revenue.

 

The global automotive brake friction product market is mature and continues to change in terms of raw materials used in the manufacture of friction products. One notable trend in the industry sees consumers choose premium brands, providing superior service instead of opting for less-expensive alternatives with poorer performance levels.

 

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Global Automobile Brake Industry

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The future of the Brake Pad Industry in the US

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Automobile Brake Analysis in the US - Forecast

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