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The automotive brake components aftermarket size is estimated to grow by USD 14.4 billion at a CAGR of 3.19% between 2023 and 2028. The sector experiences continuous expansion, driven by several influential factors. The escalating number of parcel vehicles, such as delivery trucks and fleets, necessitates frequent brake component replacements, thereby fueling market growth. Moreover, government regulations mandating enhanced safety features in vehicles, particularly advanced braking systems, create a significant demand for aftermarket brake components. Additionally, the increasing popularity of customization and performance upgrades among vehicle owners further boosts the market for aftermarket brake components. Consequently, this sector is expected for substantial growth in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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