Technology News & Trends

Transparency Market Research has published a new report titled  “Automotive Braking Component Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”.  According to the report, the  global automotive braking component market  is expected to surpass US$ 101 Bn by 2026, expanding at a CAGR of more than 3% during the forecast period.  The global braking component market is projected to be driven by increase in demand for occupant safety. Rise in number of young consumers with preference for high-speed vehicles is boosting the demand for prompt and responsive brakes. Government emphasis on pedestrian safety and rise in awareness among consumers are propelling the global braking component market. Increase in demand for high-performance vehicles is fuelling the automotive braking component market. Rise in sales of sports utility vehicles in North America and Europe and their usage in off-terrains have driven the demand for...

Transparency Market Research has published a new report titled  “Automotive Braking Component Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”.  According to the report, the  global automotive braking component market  is expected to surpass US$ 101 Bn by 2026, expanding at a CAGR of more than 3% during the forecast period. The global braking component market is projected to be driven by increase in demand for occupant safety. Rise in number of young consumers with preference for high-speed vehicles is boosting the demand for prompt and responsive brakes. Government emphasis on pedestrian safety and rise in awareness among consumers are propelling the global braking component market. Increase in demand for high-performance vehicles is fuelling the automotive braking component market. Rise in sales of sports utility vehicles in North America and Europe and their usage in off-terrains have driven the demand for robus...