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Market Research Report
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1027581

Global Brake system Market Size study, by Brake Type, by Technology, by Vehicle Type, and Regional Forecasts 2021-2027

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Brake system Market Size study, by Brake Type, by Technology, by Vehicle Type, and Regional Forecasts 2021-2027
Published: September 2, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
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  • Table of Contents
Description

Global Brake system Market is valued approximately at USD 20.06 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.0% over the forecast period 2021-2027. Brake system is a kind of mechanical or electrical device which enables the vehicle to slow down or to stop according to requirement of the driver. The global Brake system market is being driven by increase in sales & production of commercial vehicles and off-highway truck and increase in stringency of automotive active safety regulations. Furthermore, regenerative braking to create lucrative growth in EV ecosystem and integration of ACC in electronic braking systems will provide new opportunities for the global Brake system industry. For instance, according to the report of International Organization of Motor Vehicle Manufacturers (OICA), in year 2019, the worldwide sales of commercial vehicles was 27 million units, which represents a growth of around 3.8% as compared to 2018. Also, by September 2022, the U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) and Insurance Institute for Highway Safety (U.S.), with 20 other vehicle manufacturers, announced the adoption of the standard feature as automatic emergency braking (AEB) system in all new cars. As a result, increase in sales & production of commercial vehicles and off-highway trucks and rising stringency of automotive active safety regulations will serve as a catalyst for the Brake system industry in the future. However, high development and maintenance costs may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global brake system market. The rising adaptation of advance electronic braking system such as ESC, ABS and TCS as well as growth in collaboration between various local players the Asia Pacific the leading region across the world in terms of market share. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to increasing sales of premium and luxury vehicles in the region.

Major market player included in this report are:

Robert Bosch GmbH

Continental AG

ZF Friedrichshafen AG

Akebono Brake Industry Co., Ltd.

Brembo S.P.A

Aisin Seiki Co., Ltd.

Hitachi Astemo Ltd

Knorr-Bremse Ag

Haldex AB

Mando Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Brake Type:

Disc Brake

Drum Brake

By Technology:

Anti-lock brake system

Electronic stability control

Traction Control system

Electronic Brakeforce distribution

By Vehicle Type:

Passenger car

Light commercial vehicle

Truck

Bus

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027.

Target Audience of the Global Brake system Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Brake System Market, by Region, 2019-2027 (USD Billion)
    • 1.2.2. Brake System Market, by Brake Type, 2019-2027 (USD Billion)
    • 1.2.3. Brake System Market, by Technology, 2019-2027 (USD Billion)
    • 1.2.4. Brake System Market, by Vehicle Type, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Brake System Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Brake System Market Dynamics

  • 3.1. Brake System Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increase in sales & production of commercial vehicles and off-highway trucks
      • 3.1.1.2. Increase in stringency of automotive active safety regulations
    • 3.1.2. Market Restraint
      • 3.1.2.1. High development and maintenance costs
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Regenerative braking to create lucrative growth in EV ecosystem
      • 3.1.3.2. Integration of ACC in electronic braking systems

Chapter 4. Global Brake System Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Brake System Market, by Brake Type

  • 5.1. Market Snapshot
  • 5.2. Global Brake System Market by Brake Type, Performance - Potential Analysis
  • 5.3. Global Brake System Market Estimates & Forecasts by Brake Type 2018-2027 (USD Billion)
  • 5.4. Brake System Market, Sub Segment Analysis
    • 5.4.1. Disc Brake
    • 5.4.2. Drum Brake

Chapter 6. Global Brake System Market, by Technology

a. Market Snapshot

  • 6.1. Global Brake System Market by Technology , Performance - Potential Analysis
  • 6.2. Global Brake System Market Estimates & Forecasts by Technology2018-2027 (USD Billion)
  • 6.3. Brake System Market, Sub Segment Analysis
    • 6.3.1. Anti-lock brake system
    • 6.3.2. Electronic stability control
    • 6.3.3. Traction Control system
    • 6.3.4. Electronic Brake force distribution

Chapter 7. Global Brake System Market, by Vehicle Type

b. Market Snapshot

  • 7.1. Global Brake System Market by Vehicle Type, Performance - Potential Analysis
  • 7.2. Global Brake System Market Estimates & Forecasts by Vehicle Type 2018-2027 (USD Billion)
  • 7.3. Brake System Market, Sub Segment Analysis
    • 7.3.1. Passenger car
    • 7.3.2. Light commercial vehicle
    • 7.3.3. Truck
    • 7.3.4. Bus

Chapter 8. Global Brake System Market, Regional Analysis

  • 8.1. Brake System Market, Regional Market Snapshot
  • 8.2. North America Brake System Market
    • 8.2.1. U.S. Brake System Market
      • 8.2.1.1. Brake Type breakdown estimates & forecasts, 2018-2027
      • 8.2.1.2. Technology breakdown estimates & forecasts, 2018-2027
      • 8.2.1.3. Vehicle Type breakdown estimates & forecasts, 2018-2027
    • 8.2.2. Canada Brake System Market
  • 8.3. Europe Brake System Market Snapshot
    • 8.3.1. U.K. Brake System Market
    • 8.3.2. Germany Brake System Market
    • 8.3.3. France Brake System Market
    • 8.3.4. Spain Brake System Market
    • 8.3.5. Italy Brake System Market
    • 8.3.6. Rest of Europe Brake System Market
  • 8.4. Asia-Pacific Brake System Market Snapshot
    • 8.4.1. China Brake System Market
    • 8.4.2. India Brake System Market
    • 8.4.3. Japan Brake System Market
    • 8.4.4. Australia Brake System Market
    • 8.4.5. South Korea Brake System Market
    • 8.4.6. Rest of Asia Pacific Brake System Market
  • 8.5. Latin America Brake System Market Snapshot
    • 8.5.1. Brazil Brake System Market
    • 8.5.2. Mexico Brake System Market
  • 8.6. Rest of The World Brake System Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Robert Bosch GmbH
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Continental AG
    • 9.2.3. ZF Friedrichshafen AG
    • 9.2.4. Akebono Brake Industry Co., Ltd.
    • 9.2.5. Brembo S.P.A
    • 9.2.6. Aisin Seiki Co., Ltd.
    • 9.2.7. Hitachi Astemo Ltd
    • 9.2.8. Knorr-Bremse Ag
    • 9.2.9. Haldex AB
    • 9.2.10. Mando Corporation

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 2. Global Brake System Market, report scope
  • TABLE 3. Global Brake System Market estimates & forecasts by region 2018-2027 (USD Billion)
  • TABLE 4. Global Brake System Market estimates & forecasts by Brake Type 2018-2027 (USD Billion)
  • TABLE 5. Global Brake System Market estimates & forecasts by Technology2018-2027 (USD Billion)
  • TABLE 6. Global Brake System Market estimates & forecasts by Vehicle Type 2018-2027 (USD Billion)
  • TABLE 7. Global Brake System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Brake System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Brake System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Brake System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Brake System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Brake System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Brake System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Brake System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. Global Brake System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. Global Brake System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 17. Global Brake System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 18. Global Brake System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. Global Brake System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 20. Global Brake System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 21. Global Brake System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 22. Global Brake System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 23. U.S. Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 24. U.S. Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 25. U.S. Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. Canada Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 27. Canada Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 28. Canada Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. UK Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 30. UK Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 31. UK Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. Germany Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 33. Germany Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 34. Germany Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. France Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 36. France Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 37. France Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. Spain Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 39. Spain Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 40. Spain Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. Italy Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 42. Italy Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 43. Italy Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 44. ROE Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 45. ROE Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 46. ROE Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 47. China Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 48. China Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 49. China Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 50. India Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 51. India Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 52. India Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 53. Japan Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 54. Japan Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 55. Japan Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 56. Australia Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 57. Australia Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 58. Australia Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 59. South Korea Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 60. South Korea Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 61. South Korea Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 62. ROPAC Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 63. ROPAC Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 64. ROPAC Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 65. Brazil Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 66. Brazil Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 67. Brazil Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 68. Mexico Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 69. Mexico Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 70. Mexico Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 71. ROLA Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 72. ROLA Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 73. ROLA Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 74. ROW Brake System Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 75. ROW Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 76. ROW Brake System Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 77. List of secondary sources used in the study of global Brake System Market.
  • TABLE 78. List of primary sources used in the study of global Brake System Market.
  • TABLE 79. Years considered for the study.
  • TABLE 80. Exchange rates considered.

LIST OF FIGURES

List of figures

  • FIG 1. Global Brake System Market, research methodology
  • FIG 2. Global Brake System Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Brake System Market, key trends 2020
  • FIG 5. Global Brake System Market, growth prospects 2021-2027
  • FIG 6. Global Brake System Market, porters 5 force model
  • FIG 7. Global Brake System Market, pest analysis
  • FIG 8. Global Brake System Market, value chain analysis
  • FIG 9. Global Brake System Market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Brake System Market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Brake System Market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Brake System Market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Brake System Market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Brake System Market by segment, 2018 & 2027 (USD Billion)
  • FIG 15. Global Brake System Market by segment, 2018 & 2027 (USD Billion)
  • FIG 16. Global Brake System Market by segment, 2018 & 2027 (USD Billion)
  • FIG 17. Global Brake System Market, regional snapshot 2018 & 2027
  • FIG 18. North America Brake System Market 2018 & 2027 (USD Billion)
  • FIG 19. Europe Brake System Market 2018 & 2027 (USD Billion)
  • FIG 20. Asia-Pacific Brake System Market 2018 & 2027 (USD Billion)
  • FIG 21. Latin America Brake System Market 2018 & 2027 (USD Billion)
  • FIG 22. Global Brake System Market, company market share analysis (2020)