Global Automotive Friction Brake System Market is estimated to be US$ 28.13 billion by 2030 with a C
Global Automotive Friction Brake System Market accounted for US$ 18.23 billion in 2020 and is estimated to be US$ 28.13 billion by 2030 and is anticipated to register a CAGR of 4.50%. A brake is a mechanical device that absorbs energy from a moving system, usually through friction, to slow or stop a vehicle. A car braking system may bring a vehicle to a complete stop in the least amount of time by converting kinetic energy into heat energy. The demand for passenger and commercial cars is intimately linked to the global Automotive Brakes Market's quick growth in the next years. Furthermore, new technological advancements such as regenerative braking and anti-lock braking systems (ABS) have become increasingly popular. Automobile makers are always creating new and improved features to make driving more enjoyable while remaining safe.