Mexico Automotive Brake Pad Market
Mexico Automotive Brake Pad Market Size, Demand, Key Players Analysis & Forecast 2022-2027
According to MarkNtel Advisors study the Mexico Automotive Brake Pads Market is projected to grow at a CAGR of around 3.7% during the forecast period, i.e., 2022-27.
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Key Findings of the Study: Mexico Automotive Brake Pad market
Key Drivers
Rapid establishments of Electric Vehicle manufacturing units in Mexico
Massive investments by the industry leaders in R&D toward manufacturing lightweight & environment-friendly braking systems and advanced friction materials for enhanced vehicle control
Burgeoning exports of automobiles to other regions toward boosting the country's economy
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Scope of the Report and Mexico Automotive Brake Pad Market Segmentation:
By Material Type
Semi-Metallic
Non-Asbestos Organic (NAO)
Low-Metallic and Ceramic
By Vehicle Type
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
By Demand Type
OEM
Aftermarket
Of them all, Semi-Metallic material acquired a notable market share in recent years.
Mexico Automotive Brake Pad Market Competitive Landscape
Bosch Group
Wagner
ACDelco
Brembo
Akebono Brake Mexico S.A. de C.V.
Ferodo
Abex
Sangsin Brake Mexico
Woking Brakes
FRAS-LE
Note: If you require specific information not covered in the current report, we can provide it through customized option
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