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The automotive brake wear sensors market is forecasted to grow by USD 1.19 billion during 2023-2028, accelerating at a CAGR of 6.24% during the forecast period. The report on the automotive brake wear sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising need to reduce damage to braking systems, increased end-user concern for vehicle security, and increasing demand for automotive vehicles.
The automotive brake wear sensors market is segmented as below:
By Application
- Passenger cars
- Commercial vehicles
By Product
- Electronic brake wear sensors
- Disc brake wear sensors
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the automotive brake wear sensors market covers the following areas:
- Automotive brake wear sensors market sizing
- Automotive brake wear sensors market forecast
- Automotive brake wear sensors market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive brake wear sensors market: Akebono Brake Industry Co. Ltd., Beck Arnley Holdings LLC, BorgWarner Inc., Brembo Spa, CARiD.com, Carlisle Companies Inc., Continental AG, DENSO Corp., FMP Group Australia Pty Ltd., General Motors Co., Herth Buss Fahrzeugteile GmbH and Co. KG, Holstein Automotive Group, Mitsubishi Electric Corp., Otto Zimmermann Maschinen und Apparatebau GmbH, PEX German O.E. Parts LLC, Robert Bosch GmbH, SADECA SYSTEMS SLU, Sensata Technologies Inc., Shandong Frontech Auto Parts Co. Ltd, and Standard Motor Products Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is ability of automotive brake wear sensors to estimate mileage."
According to the report, one of the major drivers for this market is the rising need to reduce damage to braking systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Akebono Brake Industry Co. Ltd.
- Beck Arnley Holdings LLC
- BorgWarner Inc.
- Brembo Spa
- CARiD.com
- Carlisle Companies Inc.
- Continental AG
- DENSO Corp.
- FMP Group Australia Pty Ltd.
- General Motors Co.
- Herth Buss Fahrzeugteile GmbH and Co. KG
- Holstein Automotive Group
- Mitsubishi Electric Corp.
- Otto Zimmermann Maschinen und Apparatebau GmbH
- PEX German O.E. Parts LLC
- Robert Bosch GmbH
- SADECA SYSTEMS SLU
- Sensata Technologies Inc.
- Shandong Frontech Auto Parts Co. Ltd
- Standard Motor Products Inc.
