Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1451635
PUBLISHER: IMARC | PRODUCT CODE: 1451635
Automotive Brake System Market Report by Type, Component, Technology, Vehicle Type, Sales Channel, and Region 2024-2032
PUBLISHED:
PAGES: 138 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
The global automotive brake system market size reached US$ 49.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 73.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.47% during 2024-2032.
An automotive brake system is a mechanical control device designed to restrain the motion of vehicles and ensure the safety of passengers. It comprises various components, including a brake pedal, disc, shoes, rotor, pads, drum, calipers, fluid lines, hoses, and master cylinder. It helps slow down or stop the motion of an automobile by absorbing energy from a moving system, usually by friction between two surfaces. Besides this, it also assists drivers in the stable parking of a vehicle either on a flat surface or slope.
Automotive Brake System Market Trends:
The growing global population is resulting in the increasing sales of passenger and commercial vehicles. This represents one of the key factors strengthening the growth of the market. In addition, rising occurrences of road accidents across the globe are catalyzing the demand for automotive brake systems. The rising concerns among individuals about road traffic collisions and fatalities are also compelling automotive manufacturers to incorporate robust safety systems in vehicles, which is impelling the market growth. Apart from this, stringent regulations imposed by governments and regulatory organizations of various countries to control road accidents are creating a positive outlook for the market. Furthermore, various technological innovations, such as anti-lock braking systems (ABS) and regenerative braking, is supporting the market growth. These advanced braking systems assist drivers in having maximum control and shorter stopping distances on slippery surfaces that aid in reducing the chances of vehicle collisions. Additionally, the new car assessment program (NCAP) to promote the usage of electronic brake systems is driving the market. Moreover, the increasing adoption of electric cars and the growing production of autonomous vehicles are expected to propel market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive brake system market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, component, technology, vehicle type and sales channel.
Breakup by Type:
Disc Brakes
Drum Brakes
Breakup by Component:
Master Cylinder
Brake Pad
Calipers
Disc
Vacuum Servo Brake
Brake Drums
Others
Breakup by Technology:
Anti-Lock Braking System (ABS)
Traction Control System (TCS)
Electronic Stability Control (ESC)
Electronic Brake Force Distribution (EBD)
Breakup by Vehicle Type:
Passenger Cars
Commercial Vehicles
Breakup by Sales Channel:
Original Equipment Manufacturers (OEMs)
Aftermarket
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aisin Corporation, Akebono Brake Industry Co. Ltd., BorgWarner Inc., Brembo S.p.A., Continental AG, Haldex AB, HELLA GmbH & Co. KGaA (Faurecia SE), Hitachi Ltd., Hyundai Mobis Co. Ltd. (Hyundai Motor Group), Knorr-Bremse AG, Performance Friction Corporation, Robert Bosch GmbH and ZF Friedrichshafen AG.
Key Questions Answered in This Report
- 1. What was the size of the global automotive brake system market in 2023?
- 2. What is the expected growth rate of the global automotive brake system market during 2024-2032?
- 3. What are the key factors driving the global automotive brake system market?
- 4. What has been the impact of COVID-19 on the global automotive brake system market?
- 5. What is the breakup of the global automotive brake system market based on the type?
- 6. What is the breakup of the global automotive brake system market based on the component?
- 7. What is the breakup of the global automotive brake system market based on technology?
- 8. What is the breakup of the global automotive brake system market based on the vehicle type?
- 9. What are the key regions in the global automotive brake system market?
- 10. Who are the key players/companies in the global automotive brake system market?
Product Code: SR112024A6479
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Automotive Brake System Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Disc Brakes
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Drum Brakes
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Component
- 7.1 Master Cylinder
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Brake Pad
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Calipers
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Disc
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Vacuum Servo Brake
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Brake Drums
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Others
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by Technology
- 8.1 Anti-Lock Braking System (ABS)
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Traction Control System (TCS)
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Electronic Stability Control (ESC)
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Electronic Brake Force Distribution (EBD)
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Vehicle Type
- 9.1 Passenger Cars
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Commercial Vehicles
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Sales Channel
- 10.1 Original Equipment Manufacturers (OEMs)
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Aftermarket
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Aisin Corporation
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 Akebono Brake Industry Co. Ltd.
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.2.3 Financials
- 16.3.3 BorgWarner Inc.
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.3.4 SWOT Analysis
- 16.3.4 Brembo S.p.A.
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.4.3 Financials
- 16.3.5 Continental AG
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 Haldex AB
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.7 HELLA GmbH & Co. KGaA (Faurecia SE)
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.7.3 Financials
- 16.3.8 Hitachi Ltd.
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.8.3 Financials
- 16.3.8.4 SWOT Analysis
- 16.3.9 Hyundai Mobis Co. Ltd. (Hyundai Motor Group)
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.10 Knorr-Bremse AG
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.11 Performance Friction Corporation
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.12 Robert Bosch GmbH
- 16.3.12.1 Company Overview
- 16.3.12.2 Product Portfolio
- 16.3.12.3 SWOT Analysis
- 16.3.13 ZF Friedrichshafen AG
- 16.3.13.1 Company Overview
- 16.3.13.2 Product Portfolio
- 16.3.13.3 SWOT Analysis
- 16.3.1 Aisin Corporation
Product Code: SR112024A6479
List of Figures
- Figure 1: Global: Automotive Brake System Market: Major Drivers and Challenges
- Figure 2: Global: Automotive Brake System Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Automotive Brake System Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Automotive Brake System Market: Breakup by Type (in %), 2023
- Figure 5: Global: Automotive Brake System Market: Breakup by Component (in %), 2023
- Figure 6: Global: Automotive Brake System Market: Breakup by Technology (in %), 2023
- Figure 7: Global: Automotive Brake System Market: Breakup by Vehicle Type (in %), 2023
- Figure 8: Global: Automotive Brake System Market: Breakup by Sales Channel (in %), 2023
- Figure 9: Global: Automotive Brake System Market: Breakup by Region (in %), 2023
- Figure 10: Global: Automotive Brake System (Disc Brakes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Automotive Brake System (Disc Brakes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Automotive Brake System (Drum Brakes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Automotive Brake System (Drum Brakes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Automotive Brake System (Master Cylinder) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Automotive Brake System (Master Cylinder) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Automotive Brake System (Brake Pad) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Automotive Brake System (Brake Pad) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Automotive Brake System (Calipers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Automotive Brake System (Calipers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Automotive Brake System (Disc) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Automotive Brake System (Disc) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Automotive Brake System (Vacuum Servo Brake) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Automotive Brake System (Vacuum Servo Brake) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Automotive Brake System (Brake Drums) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Automotive Brake System (Brake Drums) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Automotive Brake System (Other Components) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Automotive Brake System (Other Components) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Automotive Brake System (Anti-Lock Braking System-ABS) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Automotive Brake System (Anti-Lock Braking System-ABS) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Automotive Brake System (Traction Control System -TCS) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Automotive Brake System (Traction Control System -TCS) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: Automotive Brake System (Electronic Stability Control -ESC) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: Automotive Brake System (Electronic Stability Control -ESC) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Global: Automotive Brake System (Electronic Brake Force Distribution -EBD) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Global: Automotive Brake System (Electronic Brake Force Distribution -EBD) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Global: Automotive Brake System (Passenger Cars) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Global: Automotive Brake System (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Global: Automotive Brake System (Commercial Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Global: Automotive Brake System (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Global: Automotive Brake System (Original Equipment Manufacturers -OEMs) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Global: Automotive Brake System (Original Equipment Manufacturers -OEMs) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Global: Automotive Brake System (Aftermarket) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Global: Automotive Brake System (Aftermarket) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: North America: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: North America: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: United States: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: United States: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Canada: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Canada: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Asia-Pacific: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Asia-Pacific: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: China: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: China: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Japan: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Japan: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: India: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: India: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: South Korea: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: South Korea: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Australia: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Australia: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Indonesia: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Indonesia: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Others: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Others: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Europe: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Europe: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Germany: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Germany: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: France: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: France: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: United Kingdom: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: United Kingdom: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Italy: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Italy: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Spain: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Spain: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Russia: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Russia: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Others: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 81: Others: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Latin America: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 83: Latin America: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 84: Brazil: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 85: Brazil: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 86: Mexico: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 87: Mexico: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 88: Others: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 89: Others: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 90: Middle East and Africa: Automotive Brake System Market: Sales Value (in Million US$), 2018 & 2023
- Figure 91: Middle East and Africa: Automotive Brake System Market: Breakup by Country (in %), 2023
- Figure 92: Middle East and Africa: Automotive Brake System Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 93: Global: Automotive Brake System Industry: SWOT Analysis
- Figure 94: Global: Automotive Brake System Industry: Value Chain Analysis
- Figure 95: Global: Automotive Brake System Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Automotive Brake System Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Automotive Brake System Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Automotive Brake System Market Forecast: Breakup by Component (in Million US$), 2024-2032
- Table 4: Global: Automotive Brake System Market Forecast: Breakup by Technology (in Million US$), 2024-2032
- Table 5: Global: Automotive Brake System Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
- Table 6: Global: Automotive Brake System Market Forecast: Breakup by Sales Channel (in Million US$), 2024-2032
- Table 7: Global: Automotive Brake System Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 8: Global: Automotive Brake System Market: Competitive Structure
- Table 9: Global: Automotive Brake System Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.