The Europe Disc Brake Market is expected to reach $3.7 billion by 2018.pdf

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The Europe Disc Brake Market is expected to reach $3.7
billion by 2018
European Disc Brake Market driven by government regulations to shorten desired stopping
distances
http://www.micromarketmonitor.com/market/europe-disc-brake-9342514383.html
The Europe Disc Brake Market report defines and segments
the disc brake market in Europe with analysis and forecast of
revenue. This market was valued at $2.8 billion in 2013 and is
expected to reach $3.7 billion by 2018, at a CAGR of 5.6%
from 2013 to 2018.
Browse through the TOC of the European Disc Brake Market
report to get an idea of the in-depth analysis provided. It also
provides a glimpse of the segmentation of the market, which
is supported by various tables and figures.
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Europe Disc Brake
Market is growing
rapidly due to the
improving economic
conditions, coupled with
high volume of
performance vehicles
and road safety norms.
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Browse through the market data tables, figures and detailed TOC on the
The Europe Disc Brake Market
Automotive brakes have evolved from the simple wooden block brakes which were used in steel
rims, to modern-day disc brakes with electronic assistance. The key function of brakes in an
automobile is to slow down or stop the vehicle in motion. A majority of the brakes used in
automobiles are of friction types, in which the brakes use friction to slow down the vehicle. With
disc brakes, the kinetic energy of the moving wheels is converted to heat energy via friction,
which is then dissipated into the atmosphere. Disc brakes are equipped with a spinning disc with
brake pads on either side. Disc brakes work by using callipers to clamp these brake pads. These
are more efficient as brakes don’t have to be pressed too hard for them to work efficiently. They
also perform well in water.
The European Union’s road and safety norms have shortened desired stopping distances, which
have given a boost to the disc brake market in this region. The ceramic brake market showcases
several opportunities for all disc brake manufacturers. On the other hand, the economic downturn
of 2009 hit the entire European region and affected several industries.To cover up losses and cut
down operating costs, automobile manufacturers have been opting for traditional drum brakes,
thus posing a restraint for the disc brake market.
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The European disc brake market is segmented and forecasted based on application and country.
The application segment of this market comprises passenger cars, light commercial vehicles
(LCV), and heavy commercial vehicles (HCV).Major countries contributing to the European disc
brake market are Germany, Russia, and France.
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The report on this market also highlights all the factors that are currently driving and restraining
the market,along with the opportunities that are available for its growth. It also profiles all the
major companies involved in this segment, covering their entire product offerings, financial
details, strategies, and recent developments. The current and future trends for this region have
also been analyzed.
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Related Reports:
North America Drum Brake Market
The North American region is the second-biggest market for drum brakes across all major
regions. This is mainly due to the growing vehicle production in the region and the demand for
cheaper cars after the recession. The growth in the region is higher than that of Europe due to
favorable economic conditions and different government policies to increase trade among
countries in the North American region.
The North American drum brake market was valued at $2.5 billion in 2013, to grow at 8.0%
annually and reach $3.7 billion by 2018.
http://www.micromarketmonitor.com/market/north-america-drum-brake-6289968641.html
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