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AUTOMOTIVE BRAKE SYSTEM MARKET ANALYSIS

Automotive Brake System Market, By Product Type (Disc Brakes and Drum Brakes), By Brake Pad Material Type (Organic, Metallic, and Ceramic), By Sales Channel (OEMs and Aftermarket), By Vehicle Type (Passenger Cars and Commercial Vehicles), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Market News

Global Automotive Brake System Market: Key Developments

In June 2018, Akebono Brake Industry Co. announced the development of first-ever new construction brake caliper, based on the construction of already existing product named the AD-type disc brake. The new product was modified in order to cater the specific needs for automobiles using electric power sources.

In June 2017, APTIV PLC entered into an agreement with Great Wall Motor for supplying a series of its active safety solutions such as Mid-Range Radar (MRR), Intelligent Forward View (IFV), and Short Range Radar (SRR) to Great Wall Motor.

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