TechNavio’s analysts forecast the Global Friction Products market to reach US$18.78 billion by 2016. One of the key factors contributing to this market growth is increasing demand from the Automotive industry. The Global Friction Products market has also been witnessing increasing demand for customized products. However, the increasing threat of low-cost products from local vendors could pose a challenge to the growth of this market.
TechNavio’s report, the Global Friction Products Market 2012-2016, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Friction Products market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Nisshinbo Brake Inc., Federal Mogul Corp., ITT Corp., and Brembo S.p.A.
The other vendors mentioned in the report are ADVICS Co., Ltd., Akebono Brake Industry Co., Ltd., Carlisle Companies Inc., Fras-le SA, Honeywell International Inc., and Japan Brake Industrial Co., Ltd.
Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?