Automotive Pneumatic Disc Brakes Market ? Analysis and In-depth Research on Size

Posted by RASHMI on March 22nd, 2019

Pneumatic disc brakes are available with diaphragms or piston thrusters, and they also include brake status sensors, pads wearing sensors and pneumatic control panels in order to tune the proportional braking of the calipers. Pneumatic disc brakes have various applications such as for high speed shaft and low speed shaft in which they control the barking. A pneumatic disc brake offers advantages such as precise brake control, automatic adjustment to counter friction block wear, compact structure, small size, lightweight, high reliability, and easy installation.

Expansion of logistics and construction industries across the globe is likely to increase the demand for commercial vehicles across the globe. Moreover, continuous research & development in pneumatic disc brakes and growing demand for passenger safety are likely to drive the automotive pneumatic disc brakes market during the forecast period. However, high initial cost and maintenance cost is likely to hamper the automotive pneumatic disc brakes market during forecast period.

The automotive pneumatic disc brakes market can be segmented based on material, vehicle type, sales channel, and region. Based on material, the market can be classified into cast iron and others. The cast iron segment is likely to dominate the market during forecast period owing to its advantages such as availability at low cost, easy machinability, and longer lifespan.

Based on vehicle type, the automotive pneumatic disc brakes market can be segregated into passenger vehicles and commercial vehicles. There has been an increase in demand for commercial vehicles across the globe. Countries in North America, Europe, and Asia Pacific witness stable economic conditions, high percentage of urbanization, increase in per capita income, and expansion of construction and logistics industries. These factor are anticipated to drive the commercial vehicle market across the globe.

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