The global automotive braking component market was valued at USD 47.9 billion in 2022 and is projected to reach USD 68.3 billion by the end of 2031. Steady growth in vehicle production, rising focus on road safety, and continuous advancements in braking technologies are expected to drive the market, which is estimated to expand at a CAGR of 4.0% from 2023 to 2031. Automotive braking components...