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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.

From 2017 to 2021, the market for automotive brake friction products expanded at an average annual rate of 3.6%. The disc brake, brake shoes, drum brake, brake pad, and liner are all components of an automobile's brake friction system, and they are all used to slow down a vehicle. Additionally, the primary use of metallic vehicle brake friction elements is brake shoes. Revenue for brake shoes increased by 3.1% between 2017 and 2021, and 4.2% growth is predicted during the projection period.

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.
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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.

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Timeless Elegance: Orient Watches

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The capital of the Indian state of Uttarakhand, Dehradun, is located close to the foothills of the Himalayas. The city is a starting point for numerous well-known hill stations, including Mussoorie, and is well-known for its excellent year-round climate and stunning scenery. Agricultural processing, biotechnology, floriculture, information technology, and tourism are the main economic sectors of Dehradun.
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Studying digital marketing here will provide excellent outcomes because there are numerous firms and organizations that require digital marketers. As there is a high need for digital marketers, you may start your career here.

Digital marketing has become an essential part of any business's marketing strategy. With the rise of the internet and social media, companies need to have a strong online presence to reach their target audience. As a result, the demand for digital marketing professionals has increased significantly in recent years. However, with so many <a href="https://digiperform.com/best-d....igital-marketing-cou digital marketing institute in Karnal</a> choosing the right one can be overwhelming. In this blog post, we will guide you through the essential factors you need to consider when selecting the best digital marketing course in Karnal for your career growth. Whether you are a beginner or a professional, this post will help you make an informed decision and set you on the right path towards a successful career in digital marketing.

Lovegra is a medication that is designed to help women who suffer from sexual dysfunction. It is a pink-colored tablet that contains the active ingredient Sildenafil Citrate, which works by increasing blood flow to the genital area, resulting in improved sexual arousal and satisfaction.


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Tractor Brands | Top 10 Tractor Companies in India 2023

Tractor Brands Overview -

According to recent data, India's tractor sector produces about 6,00,000 units to serve farming activities. The sector is likely to increase in the near future as a result of the farmers' communities' ever-increasing needs.

Farmers have to know everything they can about tractor companies in India before selecting one of the best.

India now has around 30 tractor brands. These tractor brands are effective for manufacturing tractors in a variety of configurations that are suitable for a variety of uses. Tractors in India range in horsepower from 15 to 150. The tractor list is lengthy, however, there are numerous tractor models under Mini tractors in India, Utility tractors in India, and heavy-duty tractors in India. The top three tractor brands in India are Mahindra tractors, Massey Ferguson tractors, and Sonalika tractors, which have the biggest market share in India. These brands account for over 70% of the Indian tractor industry. The Indian tractor industry is worth approximately $5.3 billion.

Top 10 Tractor Brands in India -

Mahindra
Massey Ferguson
New Holland
Swaraj
John Deere
Sonalika
Powertrac
Eicher
Farmtrac
Kubota
Escorts
Mahindra Tractor -

Mahindra tractors, an essential component of the agriculture sector, rank among the top ten tractor firms in India. They offer a wide range of tractors ranging in price from 2.60 lakhs to 13.50 lakhs. This company's tractor assortment also includes powerful tractors ranging from 15 HP to 75 HP.

Massey Ferguson Tractor -

When it comes to Massey Ferguson tractors in India, these tractors are well-known in the business and have an engine efficiency of 28-75 HP, which is regarded as an ideal engine capacity amongst the complete range of tractors on the market. These tractors cost between Rs 4.20 Lakhs to Rs 13.40 Lakhs* in India.

New Holland Tractor -

New Holland is a well-known tractor brand that is used in agriculture as well as construction. This company's inventory includes tractors ranging in horsepower from 30 to 90. Furthermore, New Holland tractor prices range from 5 lakhs to 20 lakhs.

John Deere Tractor -

John Deere, one of the leading tractor businesses in India, is a US-based tractor firm with an Indian subsidiary. The company offers a variety of high-quality tractors ranging in price from 4.80 lakhs to 29 lakhs. Furthermore, they manufacture powerful multi-purpose tractors with power ratings ranging from 28 to 120 horsepower.

Sonalika Tractor -

Sonalika is a tractor manufacturing firm that produces a wide range of tractors ranging in price from 3.30 to 15.80 lakhs. It includes tractors ranging in power from 20 to 120 horsepower. As a result, these tractors are expected to operate admirably. As a result, this company is regarded as one of the greatest tractor manufacturers in India.

Escorts Tractor -

Escorts Agri Machinery is the leading tractor company in India due to its wide range of tractors and superior engineering. This tractor manufacturer produces tractors with power ratings ranging from 20 to 60 horsepower under the FarmTrac and PowerTrac brands. Additionally, the tractors are priced between 2.60 lakhs and 12.50 lakhs.

Eicher Tractor -

In India, Eicher tractors are a popular tractor brand. Eicher tractors are well-known for their powerful, fuel-efficient, and efficient agricultural tractors. Eicher tractors are highly efficient and capable tractors with horsepower ranging from 18 to 60 HP. In 2023, the price of an eicher tractor in India ranges from Rs. 3.30 lacs* to Rs. 8.20 lacs*.
To Get more information about tractor prices, tractor videos, and So on visit khetigaadi.com. #tractor, #tractorbrands, #mahindra, #masseyferguson, #johndeere

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