Automotive Brake Shims Market Share, Trends, and Analysis by 2028
Automotive Break Shims Market: Strategic Insights
Automotive Break Shims Market
-
CAGR (2023 - 2031)4.3% -
Market Size 2023
US$ 410.91 Million -
Market Size 2031
US$ 574.38 Million
Market Dynamics
GROWTH DRIVERS
- Booming production of automotive vehicles
- The growing norms for reducing fatalities caused by vehicle accidents
FUTURE TRENDS
- The growing adoption of electric vehicles
OPPORTUNITIES
- Advancements in Automotive Brake Technology
Key Players
- Avery Dennison Corporation
- Brembo S p A
- BOSCH Auto Parts
- Trelleborg Group
- Meneta Automotive Components Pvt Ltd
- Super Circle
- Nucap Industries Inc
- Brake Performance
- Delphi Technologies Plc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Material Type
- Rubber Coated
- PSA Material
- Thermoset Material
Application
- Two Wheeler
- Passenger Vehicle
- Commercial Vehicle