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The global automotive brake friction products market is expected to create lucrative growth opportunities with an opulent CAGR of 4.8% during the forecast period from 2022 to 2032. The market was valued at around US$ 10.4 Bn in 2021 and is likely to reach a valuation of US$ 17.2 Bn by 2032.

Automotive brake friction products are the components that generate friction to stop or slow down a vehicle. These products are installed on the brake system's calipers and pads and create friction when they come in contact with the brake rotors or drums.

There are different types of brake friction products, including:

Semi-metallic brake pads - these are the most common type of brake pads and are made of a mixture of metals, including copper, iron, and steel. They are durable, have good heat dissipation properties, and offer good stopping power.

Ceramic brake pads - these pads are made of ceramic fibers and filler materials. They produce less dust than other types of brake pads and offer better braking performance at high temperatures. They are also quieter than other types of brake pads.

Key Takeaways

The replacement rate of brake friction products within vehicles is projected to be hampered by increasing the life of automotive brake friction products and sophisticated brake technology. Manufacturers of brake friction products now utilise more durable materials due to government restrictions that are stringent and the requirement to function in all types of environments.
It is projected that rapid advancements in brake friction products will lower the need for brake friction products by lowering the number of replacements in cars. Additionally, OEMs place a high priority on brake friction solutions with regulated friction, low wear, and noise-dampening properties.
The increased demand for automobile parts on a global scale has attracted counterfeiters. Brake pads, brake linings, and other associated vehicle components are now more prevalent counterfeits that can't be distinguished from the real thing. OEM-produced brake friction products are pricey yet of high quality.
In India, counterfeit items are to blame for about 20% of traffic accidents. FICCI reported that fake vehicle components caused the Indian government to lose US$ 282,912 as a result. Several agencies have taken efforts to stop the illegal trade of car parts.
The car industry, the trade platform, and the U.K. government collaborated to establish a consumer education campaign to combat fake brake friction goods. Online retailers like Amazon and eBay have also expressed their opinions on purchasing aftermarket cars. The listing of brake pads and related components on Alibaba's marketplace was prohibited.
During the historic period from 2017 to 2021, the metallic disc material is projected to increase at a pace of about 3.2%, and is expected to see a 4.5% CAGR during the forecast period. Due to its ability to resist heat, metallic materials are used more frequently in brake friction products. They are the perfect material for stopping against large machinery since they do not compress like ceramic material does.
Brake shoes are expected to experience the fastest growth in the aftermarket with regard to product type. From 2017 to 2021, brake shoes accounted for a 3.2% CAGR. Because they are located in the back of the automobile, brake shoes have a longer lifespan than brake pads because they have more room to produce the friction needed to stop the car. They also don't need as much power to stop the car as brake pads do. Brake shoes are expected to expand at a 4.5% annual rate between 2022 and 2032.
For more information:
https://www.futuremarketinsigh....ts.com/reports/autom
Competitive Landscape

Key players in the global automotive brake friction products market are massively aiming at expanding their manufacturing facilities, investing in research and development along with innovating new products.

The key companies operating in the automotive brake friction products market include:

ABS Friction, Bendix Spicer, Robert Bosch, Nisshinbho Holdings Inc., Brembo S.p.A, Tenneco Inc., Federal-Mogul, Delhphi, Akebono Brake Industries, Miba AG, Aisin Seiki Co., Ltd., Macas Automotive, Masu brakes Pvt Ltd, Sundaram Brake Linings Ltd, Standard Friction Components Ltd, Japan Brake Industrial Co., Ltd, and Toughla Brake Linings.

More Insights into the Automotive Brake Friction Products Market

China is predicted to account for over 30% of the global automotive brake friction products market. China is expected to create an absolute dollar opportunity by accounting for a total market share of around US$ 361.2 Mn by 2032. With the rise in ABS and EBD brake technologies, the demand for brake friction products is increasing continuously. The market in China is anticipated to reach a market size of US$ 1.2 Bn by 2032.

Japan accounted for around 24% of the global market share in automotive brake friction products in 2021. The absolute dollar opportunity growth in Japan is projected at US$ 219.1 Mn during the forecast period. Japan continues to extend its offering in the Middle East and Asia for Industrial and Automotive OE in the aftermarket. Japan’s anticipated market size in the automotive brake friction product market is expected to reach US$ 924.7 Mn during the forecast period.

Key Segments Covered in Automotive Brake Friction Products Industry Survey

Automotive Brake Friction Products by Disc Materials:

Metallic
Ceramic
Composites
Automotive Brake Friction Products by Product Type:

Brake Shoes
Break Pad
Brake liner
Disc Brake
Drum Brake
Automotive Brake Friction Products by Vehicle Type:

Passenger Vehicles
Commercial Vehicles

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In the latest crypto updates, Coinbase, one of the largest cryptocurrency exchanges, surpassed its revenue expectations in Q4 2022. It gathered around $605 million in revenue in the fourth quarter.

The cryptocurrency market skyrocketed after the announcement of cryptocurrency exchange software 2.0.

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The global EV Charging Cables Market is anticipated to register a phenomenal growth rate of about 22.2% during the forecast period from 2022 to 2032, with an expected valuation of US$ 1,549.3 Million in 2022 and totaling around US$ 11,541.6 Million by the end of 2032.

EV charging cables are essential components for electric vehicle owners who want to recharge their vehicles at home or at public charging stations. These cables connect the EV to the charging station or power outlet and transfer electricity from the grid to the vehicle's battery.

There are different types of EV charging cables , such as Type 1, Type 2, CCS (Combined Charging System), and CHAdeMO. The type of cable you need depends on your EV's charging port and the charging station's connector.

Type 1 cables have a 5-pin connector and are commonly used in Japanese and American EVs. Type 2 cables have a 7-pin connector and are mostly used in European EVs. CCS cables combine the Type 2 connector with two additional pins for fast charging, while CHAdeMO cables have a unique connector used by some Japanese and Korean EVs.

Key Takeaways

The implementation of electric vehicles is expanding in several countries all over the world with heavy investments in research and development in this sector. Numerous countries including the Netherlands, France, India, and Canada have launched various campaigns in order to encourage the adoption of electric vehicles. Automakers in the automotive sector are given by the state fixed quotas, tax breaks, subsidies, and rebates.
For purchasing purposes, entitlements are conveniently available for customers. Such considerations have caused a spike in the global production and sales of electric vehicles. In order to ensure the smooth functioning of vehicles, the surging inventory of electric vehicles necessitates the establishment of power grids and charging terminals.
The major factor driving growth in the EV charging cables market is the development of these vehicles which has resulted in advancements in electric vehicle charging technology and significant investments by automakers in electric vehicles.
Several organizations develop EV charging cables to make sure quick charging terminals are available for vehicles. Tesla has approximately 1600 supercharging stations available all over the North American region. This propels the development of charging infrastructure, resulting in propelling the global EV charging cable market.
Competitive Landscape

Key EV charging cable providers are rapidly adopting various marketing strategies including new product launches, geographical expansion, mergers and acquisitions, partnerships, and collaboration in order to increase sales and raise the interest of potential buyers to create a massive customer base and gain a competitive edge in the global EV Charging Cables market.

Leading market players operating in the global EV Charging Cables market include OSRAM Licht AG, Phoenix Contact, DYDEN Corporation, Prysmian S.p.A., TE Connectivity, Leoni AG, Aptiv, Tesla Inc., Huber & Suhner AG, Eland Cables, Coroplast, BRUGG Group, and BESEN Group - which control the majority of the market share for EV Charging Cables.

For more information: https://www.futuremarketinsigh....ts.com/reports/ev-ch
Key Segments covered in the EV Charging Cables Industry Survey

By Power Supply:

AC Charging
DC Charging
By Product Type:

Mode 2 Charging Cables
Mode 3 Charging Cables
By Voltage Capacity:

16 Amp
32 Amp
By Application:

Private Charging
Public Charging
By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

Jeremiah Yancy: A Pioneer in the Media Industry

Jeremiah Yancy is a name that has become synonymous with the media industry. With over two decades of experience in the field, he has become a pioneer in the media industry, revolutionizing the landscape with his innovative ideas and groundbreaking strategies. Over the years, he worked hard and rose through the ranks in the media industry. He held various positions, from a production assistant to a producer, director, and eventually, an executive. He gained valuable experience and learned everything there was to know about the media industry.

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Sensory Marketing Strategies 2023: The Timeless Trend Continues
https://advan.in/sensory-marketing-strategies/
The practice of establishing brands has undergone a dramatic change with astonishing speed. In the struggle for supremacy among adaptive innovations and experience, a few contemporary notions are like sensory marketing strategies making a comeback. They serve as effective methods for addressing the points where psychology, behavior, and brands intersect. Brand recall and customer retention will rise for businesses that are aware of consumers' aspirational and emotional requirements and the change of our cultural landscape.
Sensorymarketingstrategies

Topical Drug Delivery Market Revenue, Product Launches, Regional Share Analysis & Forecast Till 2030


Read More:https://www.emergenresearch.co....m/industry-report/to

The global topical drug delivery market is expected to register high revenue growth and reach a market size of USD 145.68 Billion by 2027, according to a current analysis by Emergen Research. The importance of topical drug formulations for pharmaceutical delivery is rapidly increasing, and rising demand and use of these types of products is contributing to increasing market size currently, and the trend for more convenient treatments at home is contributing to increasing market size.