Globally, the brake component market is one of the flourishing sectors of the whole automobile industry. This industry accounts for a worldwide market share of US $ 650.89 millions. Brake components are the critical parts of an automobile, which are designed for controlling the speed of a moving vehicle by retarding the energy of momentum through friction. The brake components offer maximum controlled vehicle deceleration and minimize risks of potential loss of control at the time of hard braking. Brake parts used in automobiles these days are manufactured using advanced equipment, upgraded technology and an automatically controlled process. There are different types of brake components available in the market such as brake pads, brake booster, brake discs, brake calipers
, brake cylinders, brake drums, brake wires, wheel studs
, clutches, valves, brake hoses, vacuum pumps, brake rotors, sprockets, brake pads, brake levers and brake shoes. The core manufacturing hubs of the brake components all across the world are Frankfurt (Germany), Munich (Germany), Minneapolis (USA), Toronto (Canada), Detroit (USA), Minato-Ku-Tokyo (Japan), Turin (Italy), Kansas City (USA)).