The global automotive disc brake market is projected to grow at a compound annual growth rate (CAGR) of 11.66% during the forecast period from 2024 to 2031.
An automotive disc brake is a type of braking system used in vehicles to slow down or stop the wheels by applying friction. It consists of a disc (or rotor) that is attached to the wheel hub and a caliper that holds the brake pads. When the...
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