Automotive Friction Brake System is used to control and stop the vehicle’s speed to avoid accidents. Disc brakes and drum brakes are two types of friction brakes employed in most automobiles.
The key factors driving the automotive friction brake system include: Growing consumer emphasis on safety, focus on preventive maintenance and stringency in the safety norms. Increase in the lifespan of automobiles due to delay of new vehicle purchase by the majority of customers in the developing economies has boosted the growth of automotive friction brake system market.

Market Analysis and Insights: Global Automotive Friction Brake System Market
The global Automotive Friction Brake System market size is projected to reach US$ 16140 million by 2027, from US$ 14150 million in 2020, at a CAGR of 1.9% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automotive Friction Brake System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automotive Friction Brake System market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automotive Friction Brake System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automotive Friction Brake System market.

Global Automotive Friction Brake System Scope and Market Size
Automotive Friction Brake System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Friction Brake System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Disc Brake
Drum Brake

Segment by Application
Passenger Cars
LCVs
HCVs

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Akebono Braking Industry Corporation
Brembo
Continental
Delphi Automotive
TRW Automotive Holdings
Aisin-Seiki
Tenneco(Federal-Mogul)
Robert Bosch
Halla Mando
Haldex