North America Automotive Friction Brake System Market – Growth & Forecast (2024 – 2032)

used in halt wheel movement. Drum type brakes have the enclosed circular design to generate friction to reduce the speed of the vehicle. In the regard of braking power, disc-based systems are preferred to drum based braking systems. Owing to the increased usage and capability to work in the adverse weather conditions, disc barking systems have inclined growth during the forecast period.

On the base of vehicle type, passenger and commercial vehicles are the classifications. Where passenger vehicles are at the fast-growing pace, owing to the technological advancements and incorporation of sensors and microcontrollers in the electromechanical brakes. According to OICA, the sales related to passenger cars are increased by 5.0%. Based on brake pad material type, the market is classified into semi-metallic, metallic and ceramic types. Semi-metallic pads are found in the majority of the passenger cars. Ceramic pads are used in the costliest cars owing to its high resistance and durability. On accounting the sales, semi-metallic pads have the largest market among all the brake pad materials.

Based on technology, the market is classified into Electronic brake force distribution, Electronic stability control, Anti-lock braking system and Traction control system. Antilock braking systems are having the largest share as they are highly implemented. ESC is the fastest growing segment, owing to the advantages in acquiring the vehicle control in the emergency situations. Based on the country, the automotive friction brake market is classified into U.S., Canada, and Mexico. North America is the fastest growing region, and ESC barking is made mandatory for all the

vehicles in the countries like Canada and Mexico.

North America Automotive Friction Brake System Market Trends:

• Continental AG has made 3 million euros investment in modern technologies in Mexico to make North American automotive market even stronger.
• Bosch GmbH has acquired a U.S. carpooling startup for future services mobility market which helps in boosting the automotive industry.

North America Automotive Friction Brake System Market Research Reports Includes:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOTanalysis, and Y-o-Y analysis.
• Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
• Identifying DROCin the current market and their impact in altering the market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the major market players, such as
• Autoliv, Inc.
• Delphi Automotive PLC
• Akebono Brake Industry Co., Ltd.
• TRW Automotive Holdings Corporation
• Continental AG

Along with these companies, there were many other companies are considered in the report while analysing the North America Automotive Friction Brake System market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.