The automotive high-performance brake system market and it is poised to grow by USD 1.54 billion during 2021-2025, progressing at a CAGR of almost 5% during the forecast period, according to a new report.
The report by Technavio offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aisin Corp, Akebono Brake Industry Co. Ltd., BERINGER SAS, Brembo Spa, Carlisle Companies Inc., Centric Parts, Continental AG, Freeman Automotive (UK) Ltd., Wilwood Engineering Inc., and ZF Friedrichshafen AG are some of the major market participants.