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The automotive brake components aftermarket market size is forecast to increase by USD 14.4 billion at a CAGR of 3.19% between 2023 and 2028. The automotive brake components aftermarket is experiencing significant growth due to several key factors. The increasing popularity of luxury vehicles, such as Toyota Vellfire and Alphard, is driving demand for high-performance brake calipers. Moreover, the emergence of advanced electronic parking systems and OEMs' expansion into aftermarket parts is creating new opportunities. However, the high installation costs of these advanced brake systems pose a challenge for some consumers. The 3D printing technology is also gaining traction in the automotive aftermarket industry, offering potential cost savings and customization options. Overall, the market is expected to grow steadily, with a focus on innovation and cost-effective solutions.
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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