Commercial Vehicle Brake Systems Market - Global Industry Size, Share, Trends, Opportunity, and Forecast to 2028 [Yahoo! Finance]
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Source: Yahoo! Finance
The Global Commercial Vehicle Brake Systems Market size reached USD 17.0 billion in 2022 and is expected to grow with a CAGR of 4.71% in the forecast period. The Global Commercial Vehicle Brake Systems Market is a critical segment of the automotive industry, ensuring the safety and reliability of commercial vehicles, including trucks, buses, and commercial vans, on the road. This market encompasses a range of braking components and technologies that contribute to efficient braking performance, vehicle stability, and driver safety. Technological advancements play a pivotal role in shaping the market. Innovations such as anti-lock braking systems (ABS), electronic stability control (ESC), and advanced driver assistance systems (ADAS) have become integral components of modern commercial vehicle brake systems. These technologies enhance braking efficiency, reduce the risk of skidding and rollovers, and provide critical assistance to drivers, especially in emergency situations. As com
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- Aptiv PLC (NYSE: APTV) had its price target lowered by analysts at JPMorgan Chase & Co. from $110.00 to $109.00. They now have an "overweight" rating on the stock.MarketBeat
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