Can Increasing Integration of Electronics in Braking Systems Impact Sales of Automotive Brake Components in the Coming Years
Non-uniformity in road infrastructure coupled with advancements in braking systems continue to influence the adoption of automotive brake components. In addition, according to World Health Organization (WHO) around 1.3 million fatalities are recorded every year on account of road accidents caused by vehicles. Increasing demand for passive and active safety of automobiles on the back of growing road accidents have initiated demand for efficient automotive brake components such as brake calipers, brake pads, brake shoes and brake liners. This factor is...
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