Technavio has been monitoring 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. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Based on segmentation by application, which is the leading segment in the market?
Based on the application, the market saw maximum growth in the hatchbacks and sedans segment in 2020.
What are the major trends in the market?
The increasing popularity of additive manufacturing in the automotive industry is one of the major trends in the market.
At what rate is the market projected to grow?
The market is projected to grow at a CAGR of almost 5% during the forecast period.
Who are the top players in the market?
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 the top players in the market.
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.
Automotive High-performance Brake System Market value to increase by over $ 1 5 Billion during 2021-2025 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.