This report studies the Brake Wear Indicator market. A Brake wear indicator is used to warn the user and/or owner of a vehicle that the brake pad is in need of replacement. The main area of use for this is on motor vehicles with more than three wheels. However brake wear indicators are also useful for brake pads in industrial applications, including wind turbines and cranes.
The global average price of brake wear indicator is in the decreasing trend, from 6.40 USD/Unit in 2012 to 5.95 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of brake wear indicator includes electrical indicator and audible indicator, and the sales proportion of electrical indicator in 2016 is about 53%, and the proportion is in increasing trend from 2012 to 2016.
Over the next five years, LPI(LP Information) projects that Brake Wear Indicator will register a 3.6% CAGR in terms of revenue, reach US$ 860 million by 2023, from US$ 690 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
- Federal Mogul
- BOSCH
- Delphi
- WABCO
- FTE
- Brembo
- TRW
- CAT
- Standard
- SADECA
- Continental
- NUCAP
- ACDelco
- DMA
- JURID
- Meyle
- Bendix
- Herth+Buss
- Prettl.
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
- North America (United States, Canada and Mexico)
- Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
- Europe (Germany, UK, France, Italy and Russia etc.)
- South America (Brazil, Chile, Peru and Argentina)
- Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
- Electrical Indicator
- Audible Indicator
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into