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
An automotive brake system is made up of a master cylinder, a number of tubes and rubber hoses, and a drum or wheel cylinder. The master cylinder is located in the engine compartment on the firewall. The master cylinder supplies hydraulic brake fluid force to the brakes. The brake fluid is then directed through a series of tubes and reinforced rubber hoses to the wheels. The anti-lock braking system is one of the important components of automotive brake systems. This system is designed to prevent a car from locking up when the driver suddenly applies the brakes. The system pulses brake pressure to the affected wheels ten or more times per second. It is very useful on wet roads.
Aside from preventing the car from locking up, the anti-lock braking system is able to maintain steering control when the driver is on ice. These systems can be found on most modern vehicles. They can be effective on both wet and dry surfaces.
Market Dynamics:
Increasing sales of vehicles and rising demand for commercial and passenger cars are some of the key factors that are expected to drive the global Automotive Brake System market. A surge in the number of automobiles and the presence of low-cost raw materials are also driving the growth of the market. The increasing popularity of technologically advanced braking systems will propel the market further.
High cost of development and maintenance, brake failure rate are some of the factors expected to hinder growth of the global automotive brake system market during the forecast period.
Key features of the study:
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