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Automotive Brake Valve Market Will Expand Due to Development of New Technologies | Continental AG, Delphi Automotive, Hitachi Ltd., Denso Corporation, Master Power Brakes

09-08-2023 02:41 PM CET | Logistics & Transport

Press release from: Global Insight Services

Automotive Brake Valve Market Will Expand Due to Development

A brake valve is a valve located in the brake system that controls the pressure of the brake fluid. The brake valve is responsible for regulating the amount of pressure that is applied to the brakes when the pedal is depressed. The brake valve is usually located near the master cylinder and is used to control the pressure of the brake fluid that is sent to the brakes. The brake valve is opened when the pedal is depressed and closed when the pedal is released.

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Key Drivers
There are several key drivers of the automotive brake valve market. First, brake valves are essential components of a vehicle's braking system, and as such, their demand is directly tied to the production of vehicles. Secondly, the aftermarket for brake valves is significant, as many vehicles require replacement or upgrading of their brake valves over the course of their lifetime. Finally, the development of new technologies, such as electric and hybrid vehicles, is also driving demand for brake valves, as these vehicles require different types of brake valves than traditional gasoline-powered vehicles.

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Market Segments
The automotive brake valves market report is bifurcated on the basis of product type, vehicle type, material type, sales channel, and region. On the basis of product type, it is segmented into combination valves, quick release valves, metering valves, and others. Based on vehicle type, it is analyzed across compact cars, mid-sized, LCVs, and others. By material type, it is categorized into steel, copper, brass, and others. By sales channel, it is divided into OEM and aftermarket. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Players
The automotive brake valves market report includes players such as Continental AG, Delphi Automotive, Hitachi Ltd., Denso Corporation, Master Power Brakes, Parker Hannifin Corp., Mico Inc., Knorr-Bremse AG, Poclain, and Wabtec Corp.

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Global Insight Services LLC
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E-mail: info@globalinsightservices.com
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Website: https://www.globalinsightservices.com/

About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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