Europe Automotive Backing Plate Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – By Brake Types (Disc Brake and Drum Brake), Brake Material Type (Aluminium, Iron, and Others), and Vehicle Type (Passenger Cars, Light Commercial Vehicle, and Heavy Commercial Vehicle)

The Europe Automotive Backing Plate market is expected to reach US$ 183.57 million by 2028 from US$ 138.91 million in 2021. It is estimated to grow at a CAGR of 4.1% from 2021 to 2028.

When a driver hastily applies brakes to a moving automobile, the wheels are likely to get stuck due to the sudden braking force and slide on the road. Even if the driver acts swiftly, the automobile will get out of control. The anti-braking system (ABS) keeps the wheels from locking and instead applies intermittent braking power to allow the wheels to spin slightly. This significantly improves the car's braking efficiency and enables the driver to guide the vehicle away from any obstacle while braking strongly.

Electronic brake-force distribution (EBD) ensures that brake force is distributed to the wheels as per the roads' conditions and the driver's needs. Speed sensors are used to detect the velocity of wheels and the automobile. The data is transmitted into the ECU, continually comparing the 2 numbers. When it detects slippage caused by the wheels' higher speed than the car's speed, it transmits the instruction to apply a slight braking force to the sliding wheel. This function determines which wheel requires more braking force and delivers it to that wheel independently. These features are leading to a substantial growth of the Europe automotive backing plate market. The regional market is expected to grow at a good CAGR during the forecast period.

Europe Automotive Backing Plate Revenue and Forecast to 2028 (US$ Million)

Europe Automotive Backing Plate Market Segmentation        

The Europe Automotive Backing Plate market is segmented into brake types, brake material type, vehicle type, and country. Based on brake types, the Europe Automotive Backing Plate market is bifurcated into disc brake and drum brake. In 2020, the drum brake segment held a larger market share .Based on brake material type, the market is segmented into aluminum, iron, and others . In 2020, the others segment held a largest market share. Based on vehicle type, the market is categorized into passenger cars, light commercial vehicle, and heavy commercial vehicle. In 2020, the passenger cars segment held a largest market share. Based on country, the Europe Automotive Backing Plate market is fragmented into Germany, France, Italy, UK, Russia, and Rest of Europe. The Rest of Europe contributed a substantial share in 2020.

Super Circle, NUCAP,MAT Foundry Group Ltd, Ridex GMBH,ORTHLINGHAUS-WERKE Gmbh, Sparex and ACDelco are among the leading companies in the  Europe  Automotive Backing Plate market.

1. Super Circle.

2. NUCAP.

3.MAT Foundry Group Ltd.

4.Ridex GMBH.

5.ORTHLINGHAUS-WERKE Gmbh.

6.Sparex.

7.ACDelco.

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