Brake System Market Overview
The global brake system market, valued at USD 32 billion in 2023, is projected to grow to USD 43 billion by 2030, at a compound annual growth rate (CAGR) of 4.31% during 2024-2030. The market's robust growth is fueled by advancements in automotive technologies, the rise of electric and hybrid vehicles, and increasing safety regulations globally.
A braking...
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