Title: Asia pacific disc brake market forecasting 2013 to 2018
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- Asia-Pacific Disc Brake Market Worth 7.9 Billion
by 2018
2- The global disc brake market is estimated to
grow at a rate of 8.1, over the period 2013 to
2018. - Increasing national and international regulations
towards vehicle safety, regulations for vehicle
stopping distance, and changing customer
orientation in the direction of personal safety,
would upsurge the overall demand of automotive
disc brakes. - Disc brake technology has better heat dissipation
efficacy, light-weight, more efficiency in
all-weather conditions, and lesser stopping
distance
3 Browse through the market data tables, figures
and detailed ToC on the Asia-Pacific Disc Brake
Market. http//www.micromarketmonitor.com/market
/asia-pacific-disc-brake-5928999852.html
4 - Disc Brake are considered more reliable than drum
brakes. Due to the above mentioned reasons, disc
brakes have already started gaining a significant
market share. - However, penetration of disc brakes in the
commercial vehicle segments is limited to the
European region only, whereas other regions
prefer disc brakes in passenger vehicle segment
only.
5 - Due to the increasing population, improved
lifestyle, and standard of living, the demand for
vehicles has increased significantly in the past
few years. Mass production techniques, lower
manufacturing costs, and cheap labor available in
developing countries, offered greater benefits to
the vehicle manufacturers in the region. - With the increase in the production of the
vehicle and the opportunities which the region
presents to the vehicle manufactures, the demand
for disc brake in the region is increasing. The
market for the Asia-Pacific disc brakes is
anticipated to grow at a CAGR of 9.3.
6 - Related Reports
- European Disc Brake Market
- The disc brake market for Europe has been
estimated to grow at a CAGR of 5.7, for the
given period. - http//www.micromarketmonitor.com/market/europe-di
sc-brake-9342514383.html - North American Disc Brake Market
- The disc brake market for North America is
estimated to grow at a CAGR of 8.1. - http//www.micromarketmonitor.com/market/north-ame
rica-disc-brake-9815234502.html
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