Automotive Brake Shoe Market Trends: Demand Growth & Projected {7.07%} CAGR
The global automotive brake shoe market is a crucial segment of the automotive industry, valued at USD 7.5 billion in 2022, with a projected CAGR of 7.07% from 2024 to 2028. Market growth is driven by advancements in braking technology, increasing vehicle production, and stringent safety regulations. The demand for efficient, durable, and eco-friendly braking solutions is… Read More »