Industry News
The global brake disc market is growing rapidly, with electric vehicle demand becoming the main driving force
According to a report by market research firm MarketsandMarkets, the global brake disc market is expected to grow from XX billion US dollars in 2023 to XX billion US dollars in 2028, with an average annual growth rate of 6%.
The report points out that the rapid development of electric vehicles is the main factor driving the growth in demand for brake discs. Due to the higher requirements for braking systems in electric vehicles, high-performance and lightweight brake discs have become a hot topic in the market.
In addition, the increasing attention of consumers to vehicle safety performance has also driven the continuous upgrading of brake disc technology.