Automotive Disc Brake Market for Passenger Vehicle Segment to Witness Highest Industry Share by 2024: Hyundai Mobis, Haldex, Akebono Brake Corporation, Knorr-Bremse
Europe automotive disc brake market is expected to witness considerable growth in coming years owing to healthy economic recovery, presence of large automobile production facilities and huge demand for high performance vehicles. Due to these factors, Europe held the second largest market share in 2015. Germany and France automotive disc brake market share are the highest contributing countries in the region. Growing economic trade activities has led to increased demand for heavy weight commercial vehicles (HCV) in the region.
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