Automotive Brake System Market: The Impact of Electric and...

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2025-07-23 09:19:18 -

Automotive Brake System Market: The Impact of Electric and Autonomous Vehicles

The global automotive brake system market was valued at USD 47.75 billion in 2022 and is anticipated to reach USD 72.70 billion by 2030, growing at a CAGR of 5.5% from 2023 to 2030. The rising demand for passenger and commercial vehicles in emerging economies like India and China is a major driver of this market expansion. Additionally, stringent safety regulations, growing...

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