Lucintel Forecasts the Global Automotive Brake Market to reach $30 Billion by 2030

According to a recent study on the technology trends in the global automotive brake market, total market size of the global automotive brake market is projected to reach an estimated $30 billion by 2030 at a CAGR of 5% during next five years. Growth in this market is primarily driven by the rising wave of new technologies, such as electronic stability control coupled with anti-lock braking system and traction control systems are creating significant potential for automotive brake in various applications due to the growing demand for safety systems to avoid accidents and increasing automotive production.

Browse more than XX figures/charts and XX tables in this XX-page report to understand trends, opportunities and forecast in technology trends in the global automotive brake market by technology type (anti-lock braking system, traction control system, electronic stability control, and others), application (passenger cars, light commercial vehicle, heavy commercial vehicle, and two-wheeler motor vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the world).   

Download sample report and view detailed Table of Content by clicking on below link: https://www.lucintel.com/technology-automotive-brake-market.aspx

Continental AG, Robert Bosch GmbH, Advics Co. LTD, Mando, ZF Friedrichshafen, and Akebono are among the major technology providers in the global automotive brake market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/technology-automotive-brake-market.aspx or helpdesk@lucintel.com.  

About Lucintel

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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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