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The automotive brake wear sensors market is forecasted to grow by USD 1.27 billion during 2024-2029, accelerating at a CAGR of 6.3% 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 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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
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 Channel
- OEM
- Aftermarket
By Type
- On-road
- Off-road
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 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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Product
10 Market Segmentation by Channel
11 Market Segmentation by Type
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 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, Carlisle Co. Inc., Continental AG, DENSO Corp., FMP Group Australia Pty Ltd., 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., Visteon Corp., and ZF Friedrichshafen AG.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
- Carlisle Co. Inc.
- Continental AG
- DENSO Corp.
- FMP Group Australia Pty Ltd.
- 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.
- Visteon Corp.
- ZF Friedrichshafen AG
