Automotive Brake System Market Size, Share & Trends Analysis Report By Type (Disc Brake & Drum Brake), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Technology, By Region, And Segment Forecasts, 2023

The global automotive brake system market size is expected to reach USD 72.70 billion by 2030, registering a CAGR of 5.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. Factors such as the increasing number of road accidents have led to the rising demand for the safety features such as traction control system, anti-lock braking system, advanced driver system, etc. Passengers are concerned about the rising fatality which is prompting automotive manufacturers to install more efficient automotive systems.

Furthermore, the demand for semi-luxury and luxury high-performance automobiles has increased significantly in recent years. As a result, the demand for effective brake systems in vehicles such as passenger cars, large and light commercial vehicles, and two-wheelers continue to increase. These factors are driving the growth of the automotive brake system market significantly, throughout the forecast period.

In addition, due to increased demand and the production of vehicles, Asia-Pacific has been the leading market for automotive brake systems and is expected to maintain its dominance during the forecast period. Factors actors such as government regulation in countries such as India, Japan, and China and measures to improve vehicle safety are likely to boost the growth of the automotive brake system market during the forecast period.

However, the advanced braking technology contains complex electronic and mechanical system. An anti-lock brake system has components such as controllers, valves, and sensors which makes ABS more expensive than a conventional brake system. Therefore, they have high development and maintenance costs.

Improvements in two-wheeler braking systems and augmentation in previously unexplored markets, within developing countries, present significant growth opportunities for the players. New technical advancements such as ABS and regenerative braking are expected to boost the global market for automotive brake systems. Furthermore, based on the technology type anti-lock braking system has gained the highest market share. Its growth can be attributed to the mandatory deployment of anti-lock brake systems in key automobile market regions.

Automotive Brake System Market Report Highlights:

The disc brake segment held the largest market share of 61.1% in 2022. In recent years, the application of disc brakes has grown significantly. The growth of disc brakes is attributed to their capacity to work in adverse weather conditions without overheating or fading.
Passenger cars dominated the market, with the highest revenue share of 72.5% in 2022. Passenger cars are increasing due to population growth, disposable income, and urbanization.
Electronic Stability Control (ESC) dominated the market with the highest revenue share of 32.6% in 2022. Electronic stability control technology is becoming more widely adopted because of its perceived benefits in regaining vehicle control in an emergency. Therefore, it is expected to drive the growth of the market during the forecast period.
Asia Pacific dominated the market with the largest revenue share of 58.1% in 2022. Due to the availability of low-cost labor and raw materials, regional firms offer significant cost savings. Furthermore, countries such as China and India, among others, are the automotive manufacturing hub.
Factors such as government regulation and measures to improve vehicle safety are likely to boost the growth of the automotive brake system market during the forecast period

Product Code: GVR-2-68038-214-3

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
- 1.1.1. Type
- 1.1.2. Vehicle type
- 1.1.3. Technology
- 1.1.4. Regional scope
- 1.1.5. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary route of administrations
- 1.3.4. Primary research
- 1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
- 2.2.1. Type outlook
- 2.2.2. Vehicle type outlook
- 2.2.3. Technology outlook
- 2.2.4. Regional outlook
2.3. Competitive Insights

Chapter 3. Automotive Brake System Market Variables, Trends & Scope

3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
3.4. Automotive Brake System Market Analysis Tools
- 3.4.1. Industry analysis - Porter's
  - 3.4.1.1. Supplier power
  - 3.4.1.2. Buyer power
  - 3.4.1.3. Substitution threat
  - 3.4.1.4. Threat of new entrant
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Technological landscape
  - 3.4.2.3. Economic landscape

Chapter 4. Automotive Brake System Market: Type Estimates & Trend Analysis

4.1. Automotive Brake System Market: Key Takeaways
4.2. Automotive Brake System Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Disc brakes
- 4.3.1. Disc brakes market estimates and forecasts, 2018 to 2030 (USD Billion)
4.4. Drum brakes
- 4.4.1. Drum brakes market estimates and forecasts, 2018 to 2030 (USD Billion)

Chapter 5. Automotive Brake System Market: Vehicle Type Estimates & Trend Analysis

5.1. Automotive Brake System Market: Key Takeaways
5.2. Automotive Brake System Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Passenger cars
- 5.3.1. Passenger cars market estimates and forecasts, 2018 to 2030 (USD Billion)
5.4. Commercial vehicles
- 5.4.1. Commercial vehicles market estimates and forecasts, 2018 to 2030 (USD Billion)

Chapter 6. Automotive Brake System Market: Technology Estimates & Trend Analysis

6.1. Automotive Brake System Market: Key Takeaways
6.2. Automotive Brake System Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Anti-Lock Brake System (ABS)
- 6.3.1. Anti-Lock Brake System (ABS) market estimates and forecasts, 2018 to 2030 (USD Billion)
6.4. Traction Control System (TCS)
- 6.4.1. Traction Control System (TCS) market estimates and forecasts, 2018 to 2030 (USD Billion)
6.5. Electronic Stability Control (ESC)
- 6.5.1. BFSI Electronic Stability Control (ESC) market estimates and forecasts, 2018 to 2030 (USD Billion)
6.6. Electronic Brake-Force Distribution (EBD)
- 6.6.1. Electronic Brake-Force Distribution (EBD) market estimates and forecasts, 2018 to 2030 (USD Billion)

Chapter 7. Automotive Brake System Market: Regional Estimates & Trend Analysis

7.1. Regional Outlook
7.2. Automotive Brake System Market by Region: Key Takeaway
7.3. North America
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
- 7.3.2. U.S.
  - 7.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
- 7.3.3. Canada
  - 7.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
7.4. Europe
- 7.4.1. UK
  - 7.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
- 7.4.2. Germany
  - 7.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
- 7.4.3. France
  - 7.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD
7.5. Asia Pacific
- 7.5.1. Japan
  - 7.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
- 7.5.2. China
  - 7.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
- 7.5.3. India
  - 7.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
- 7.5.4. Australia
  - 7.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
- 7.5.5. South Korea
  - 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
7.6. Latin America
- 7.6.1. Brazil
  - 7.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
- 7.6.2. Mexico
  - 7.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
7.7. MEA
- 7.7.1. South Africa
  - 7.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
- 7.7.2. Saudi Arabia
  - 7.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)
- 7.7.3. UAE
  - 7.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Market Participant Categorization
- 8.2.1. AKEBONO BRAKE INDUSTRY CO., LTD.
  - 8.2.1.1. Company overview
  - 8.2.1.2. Financial performance
  - 8.2.1.3. Product benchmarking
  - 8.2.1.4. Strategic initiatives
- 8.2.2. ZF Friedrichshafen AG
  - 8.2.2.1. Company overview
  - 8.2.2.2. Financial performance
  - 8.2.2.3. Product benchmarking
  - 8.2.2.4. Strategic initiatives
- 8.2.3. ADVICS CO.,LTD.
  - 8.2.3.1. Company overview
  - 8.2.3.2. Financial performance
  - 8.2.3.3. Product benchmarking
  - 8.2.3.4. Strategic initiatives
- 8.2.4. Hitachi Astemo, Ltd.
  - 8.2.4.1. Company overview
  - 8.2.4.2. Financial performance
  - 8.2.4.3. Product benchmarking
  - 8.2.4.4. Strategic initiatives
- 8.2.5. Brembo S.p.A
  - 8.2.5.1. Company overview
  - 8.2.5.2. Financial performance
  - 8.2.5.3. Product benchmarking
  - 8.2.5.4. Strategic initiatives
- 8.2.6. Robert Bosch GmbH
  - 8.2.6.1. Company overview
  - 8.2.6.2. Financial performance
  - 8.2.6.3. Product benchmarking
  - 8.2.6.4. Strategic initiatives
- 8.2.7. AISIN CORPORATION
  - 8.2.7.1. Company overview
  - 8.2.7.2. Financial performance
  - 8.2.7.3. Product benchmarking
  - 8.2.7.4. Strategic initiatives
- 8.2.8. Haldex
  - 8.2.8.1. Company overview
  - 8.2.8.2. Financial performance
  - 8.2.8.3. Product benchmarking
  - 8.2.8.4. Strategic initiatives
- 8.2.9. The Web Co
  - 8.2.9.1. Company overview
  - 8.2.9.2. Financial performance
  - 8.2.9.3. Product benchmarking
  - 8.2.9.4. Strategic initiatives
- 8.2.10. NISSIN KOGYO Co., Ltd
  - 8.2.10.1. Company overview
  - 8.2.10.2. Financial performance
  - 8.2.10.3. Product benchmarking
  - 8.2.10.4. Strategic initiatives

Product Code: GVR-2-68038-214-3

List of Tables

Table 1 List of abbreviations
Table 2 North America automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 3 North America automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 4 North America automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 5 North America automotive brake system market, by region, 2018 - 2030 (USD Billion)
Table 6 U.S. automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 7 U.S. automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 8 U.S. automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 9 Canada automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 10 Canada automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 11 Canada automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 12 Europe automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 13 Europe automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 14 Europe automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 15 Europe automotive brake system market, by region, 2018 - 2030 (USD Billion)
Table 16 Germany automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 17 Germany automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 18 Germany automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 19 UK automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 20 UK automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 21 UK automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 22 France automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 23 France automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 24 France automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 25 Asia Pacific automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 26 Asia Pacific automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 27 Asia Pacific automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 28 Asia Pacific automotive brake system market, by region, 2018 - 2030 (USD Billion)
Table 29 Japan automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 30 Japan automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 31 Japan automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 32 China automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 33 China automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 34 China automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 35 India automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 36 India automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 37 India automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 38 Australia automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 39 Australia automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 40 Australia automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 41 South Korea automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 42 South Korea automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 43 South Korea automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 44 Latin America automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 45 Latin America automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 46 Latin America automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 47 Latin America automotive brake system market, by region, 2018 - 2030 (USD Billion)
Table 48 Brazil automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 49 Brazil automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 50 Brazil automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 51 Mexico automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 52 Mexico automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 53 Mexico automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 54 Middle East and Africa automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 55 Middle East and Africa automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 56 Middle East and Africa automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 57 Middle East and Africa automotive brake system market, by region, 2018 - 2030 (USD Billion)
Table 58 South Africa automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 59 South Africa automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 60 South Africa automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 61 Saudi Arabia automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 62 Saudi Arabia automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 63 Saudi Arabia automotive brake system market, by technology, 2018 - 2030 (USD Billion)
Table 64 UAE automotive brake system market, by type, 2018 - 2030 (USD Billion)
Table 65 UAE automotive brake system market, by vehicle type, 2018 - 2030 (USD Billion)
Table 66 UAE automotive brake system market, by technology, 2018 - 2030 (USD Billion)

List of Figures

Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Automotive brake system: Market outlook
Fig. 9 Automotive brake system: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Automotive brake system market driver impact
Fig. 15 Automotive brake system market restraint impact
Fig. 16 Automotive brake system market strategic initiatives analysis
Fig. 17 Automotive brake system market: Type movement analysis
Fig. 18 Automotive brake system market: Type outlook and key takeaways
Fig. 19 Disc brakes market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 20 Drum brakes market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 21 Automotive brake system market: Vehicle type movement analysis
Fig. 22 Automotive brake system market: Vehicle type outlook and key takeaways
Fig. 23 Passenger cars market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 24 Commercial vehicles market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 25 Automotive brake system market: Technology movement analysis
Fig. 26 Automotive brake system market: Technology outlook and key takeaways
Fig. 27 Anti-Lock Brake System (ABS) market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 28 Traction Control System (TCS) market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 29 Electronic Stability Control (ESC) market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 30 Electronic Brake-Force Distribution (EBD) market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 31 Global automotive brake system market: Regional movement analysis
Fig. 32 Global automotive brake system market: Regional outlook and key takeaways
Fig. 33 North America market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 34 U.S. market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 35 Canada market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 36 Europe. market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 37 U.K. market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 38 Germany market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 39 France market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 40 Asia Pacific market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 41 Japan market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 42 China market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 43 India market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 44 Australia market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 45 South Korea market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 46 Latin America market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 47 Brazil market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 48 Mexico market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 49 Middle East and Africa market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 50 Saudi Arabia market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 51 South Africa market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 52 UAE market estimates and forecasts, 2018 - 2030 (USD Billion)

Automotive Brake System Market Size, Share & Trends Analysis Report By Type (Disc Brake & Drum Brake), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Technology, By Region, And Segment Forecasts, 2023 - 2030

Description

Table of Contents

List of Tables

Automotive Brake System Market Growth & Trends:

Automotive Brake System Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Automotive Brake System Market Variables, Trends & Scope

Chapter 4. Automotive Brake System Market: Type Estimates & Trend Analysis

Chapter 5. Automotive Brake System Market: Vehicle Type Estimates & Trend Analysis

Chapter 6. Automotive Brake System Market: Technology Estimates & Trend Analysis

Chapter 7. Automotive Brake System Market: Regional Estimates & Trend Analysis

Chapter 8. Competitive Landscape

List of Tables

List of Figures