Air Brake System Market Size- By Type, By Component, By Technology, By Vehicle Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Air Brake System Market Introduction and Overview

According to SPER Market Research, 'Air Brake System Market Size- By Type, By Component, By Technology, By Vehicle Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033'state that the Air Brake System Market is predicted to reach USD 7.01 billion by 2033 with a CAGR of 5.97%.

A vehicle equipped with an air brake, also known as a compressed air brake system, applies compressed air to a piston, applying additional pressure to the brake pads and bringing the vehicle to a stop. Apart from being utilised in railroad trains, air brakes are also employed in large, heavy vehicles, especially in trucks, buses, trailers, and semi-trailers, which have to be connected to the brake system.

Like many other businesses, the air brake system market had difficulties and disruptions as a result of the COVID-19 epidemic. The pandemic reduced car sales and production, which had an impact on the market for air braking systems. But the market has shown resilient, and as the car sector progressively recovers, recovery is anticipated. The epidemic also brought attention to the significance of safety features, such as air braking systems, which prompted stricter laws and regulations pertaining to vehicle safety.

Scope of the Report:

Report Metric Details

Market size available for years 2019-2033

Base year considered 2022

Forecast period 2023-2033

Segments covered By Type, By Component, By Technology, By Vehicle Type, By Application.

Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered Haldex, knorr-Bremse AG, Meritor, Inc., Nabtesco Automotive Corporation, SORL Auto Parts, Inc., Tenneco Inc., TSE Brakes Inc., WABCO, Wabtec Corporation, ZF Friedrichshafen AG, Others

Air Brake System Market Key Segments Covered

By Type: Based on the Type, Global Air Brake System Market is segmented as; Air Disc Brake, Air Drum Brake.

By Component: Based on the Component, Global Air Brake System Market is segmented as; Air Dryer, Brake Chamber, Foot Valve, Governor, Slack Adjuster, Tank, Others.

By Technology: Based on the Technology, Global Air Brake System Market is segmented as; Anti-Lock Braking System (ABS), Electronic Brake Force Distribution (EBD), Electronic Stability Program or Electronic Stability Control (ESC), Traction Control System (TCS).

By Vehicle Type: Based on the Vehicle Type, Global Air Brake System Market is segmented as; Bus, Heavy-Duty Truck, Rigid Body Truck, Rolling Stock, Semi-Trailer.

Product Code: AMIN23195

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Air Brake System Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Air Brake System Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Air Brake System Market

7. Global Air Brake System Market, By Type (USD Million)

7.1. Global Air Brake System Market Value Share and Forecast, By Type, 2023-2033
7.2. Air Disc Brake
7.3. Air Drum Brake

8. Global Air Brake System Market, By Component (USD Million)

8.1. Global Air Brake System Market Value Share and Forecast, By Component, 2023-2033
8.2. Air Dryer
8.3. Brake Chamber
8.4. Foot Valve
8.5. Governor
8.6. Slack Adjuster
8.7. Tank
8.8. Others

9. Global Air Brake System Market, By Technology (USD Million)

9.1. Global Air Brake System Market Value Share and Forecast, By Technology, 2023-2033
9.2. Anti-Lock Braking System (ABS)
9.3. Electronic Brake Force Distribution (EBD)
9.4. Electronic Stability Program Or Electronic Stability Control (ESC)
9.5. Traction Control System (TCS)

10. Global Air Brake System Market, By Vehicle Type (USD Million)

10.1. Global Air Brake System Market Value Share and Forecast, By Vehicle Type, 2023-2033
10.2. Bus
10.3. Heavy-Duty Truck
10.4. Rigid Body Truck
10.5. Rolling Stock
10.6. Semi-Trailer

11. Global Air Brake System Market, By Application (USD Million)

11.1. Global Air Brake System Market Value Share and Forecast, By Application, 2023-2033
11.2. Electronically Controlled Pneumatic (ECP)
11.3. Locomotive Electro-Pneumatic(EP)
11.4. Off-Road Vehicle
11.5. On-Road
11.6. Rolling Stock
11.7. Others

12. Global Air Brake System Market Forecast, 2019-2033 (USD Million)

12.1. Global Air Brake System Market Size and Market Share

13. Global Air Brake System Market, By Type, 2019-2033 (USD Million)

13.1. Global Air Brake System Market Size and Market Share By Type (2019-2026)
13.2. Global Air Brake System Market Size and Market Share By Type (2027-2033)

14. Global Air Brake System Market, By Component, 2019-2033 (USD Million)

14.1. Global Air Brake System Market Size and Market Share By Component (2019-2026)
14.2. Global Air Brake System Market Size and Market Share By Component (2027-2033)

15. Global Air Brake System Market, By Technology, 2019-2033 (USD Million)

15.1. Global Air Brake System Market Size and Market Share By Technology (2019-2026)
15.2. Global Air Brake System Market Size and Market Share By Technology (2027-2033)

16. Global Air Brake System Market, By Vehicle Type, 2019-2033 (USD Million)

16.1. Global Air Brake System Market Size and Market Share By Vehicle Type (2019-2026)
16.2. Global Air Brake System Market Size and Market Share By Vehicle Type (2027-2033)

17. Global Air Brake System Market, By Application, 2019-2033 (USD Million)

17.1. Global Air Brake System Market Size and Market Share By Application (2019-2026)
17.2. Global Air Brake System Market Size and Market Share By Application (2027-2033)

18. Global Air Brake System Market, By Region, 2019-2033 (USD Million)

18.1. Global Air Brake System Market Size and Market Share By Region (2019-2026)
18.2. Global Air Brake System Market Size and Market Share By Region (2027-2033)
18.3. Asia-Pacific
- 18.3.1. Australia
- 18.3.2. China
- 18.3.3. India
- 18.3.4. Japan
- 18.3.5. South Korea
- 18.3.6. Rest of Asia-Pacific
18.4. Europe
- 18.4.1. France
- 18.4.2. Germany
- 18.4.3. Italy
- 18.4.4. Spain
- 18.4.5. United Kingdom
- 18.4.6. Rest of Europe
18.5. Middle East and Africa
- 18.5.1. Kingdom of Saudi Arabia
- 18.5.2. United Arab Emirates
- 18.5.3. Rest of Middle East & Africa
18.6. North America
- 18.6.1. Canada
- 18.6.2. Mexico
- 18.6.3. United States
18.7. Latin America
- 18.7.1. Argentina
- 18.7.2. Brazil
- 18.7.3. Rest of Latin America

19. Company Profile

19.1. Haldex
- 19.1.1. Company details
- 19.1.2. Financial outlook
- 19.1.3. Product summary
- 19.1.4. Recent developments
19.2. knorr-Bremse AG
- 19.2.1. Company details
- 19.2.2. Financial outlook
- 19.2.3. Product summary
- 19.2.4. Recent developments
19.3. Meritor, Inc.
- 19.3.1. Company details
- 19.3.2. Financial outlook
- 19.3.3. Product summary
- 19.3.4. Recent developments
19.4. Nabtesco Automotive Corporation
- 19.4.1. Company details
- 19.4.2. Financial outlook
- 19.4.3. Product summary
- 19.4.4. Recent developments
19.5. Tenneco Inc.
- 19.5.1. Company details
- 19.5.2. Financial outlook
- 19.5.3. Product summary
- 19.5.4. Recent developments
19.6. TSE Brakes Inc.
- 19.6.1. Company details
- 19.6.2. Financial outlook
- 19.6.3. Product summary
- 19.6.4. Recent developments
19.7. WABCO
- 19.7.1. Company details
- 19.7.2. Financial outlook
- 19.7.3. Product summary
- 19.7.4. Recent developments
19.8. Wabtec Corporation
- 19.8.1. Company details
- 19.8.2. Financial outlook
- 19.8.3. Product summary
- 19.8.4. Recent developments
19.9. ZF Friedrichshafen AG
- 19.9.1. Company details
- 19.9.2. Financial outlook
- 19.9.3. Product summary
- 19.9.4. Recent developments
19.10. Others