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Brake System-Global Market Insights and Sales Trends 2024
Synopsis
A typical automotive brake system or braking system comprises of a brake device having different components, which are used for slowing or stopping down a vehicle. More precisely, these devices decrease or stop the speed of a moving or rotating body by absorbing kinetic energy mechanically or electrically.
The global Brake System market size is expected to reach US$ 15050 million by 2029, growing at a CAGR of 3.0% from 2023 to 2029. The market is mainly driven by the significant applications of Brake System in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Brake System market. Disc Brakes, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Drum Brakes segment is estimated at % CAGR for the next seven-year period.
Knorr-Bremse, Wabco, Haldex, Nabtesco-Automotive and Sorl Auto Parts are the leaders of the Brake System industry, which take about 60% market share.Asia-Pacific is the major region of the global market, which takes about 57% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Brake System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Brake System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Brake System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Brake System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Brake System covered in this report include ZF, Aisin, Akebono Brake Industry, CBI, Continental, Nissin Kogyo, Mando, APG and Knorr-Bremse, etc.
The global Brake System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ZF
Aisin
Akebono Brake Industry
CBI
Continental
Nissin Kogyo
Mando
APG
Knorr-Bremse
Wabco
XinYi
Shandong Aoyou
Global Brake System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Brake System market, Segment by Type:
Disc Brakes
Drum Brakes
Global Brake System market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Brake System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Brake System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A typical automotive brake system or braking system comprises of a brake device having different components, which are used for slowing or stopping down a vehicle. More precisely, these devices decrease or stop the speed of a moving or rotating body by absorbing kinetic energy mechanically or electrically.
The global Brake System market size is expected to reach US$ 15050 million by 2029, growing at a CAGR of 3.0% from 2023 to 2029. The market is mainly driven by the significant applications of Brake System in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehicle, are propelling Brake System market. Disc Brakes, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Drum Brakes segment is estimated at % CAGR for the next seven-year period.
Knorr-Bremse, Wabco, Haldex, Nabtesco-Automotive and Sorl Auto Parts are the leaders of the Brake System industry, which take about 60% market share.Asia-Pacific is the major region of the global market, which takes about 57% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Brake System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Brake System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Brake System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Brake System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Brake System covered in this report include ZF, Aisin, Akebono Brake Industry, CBI, Continental, Nissin Kogyo, Mando, APG and Knorr-Bremse, etc.
The global Brake System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ZF
Aisin
Akebono Brake Industry
CBI
Continental
Nissin Kogyo
Mando
APG
Knorr-Bremse
Wabco
XinYi
Shandong Aoyou
Global Brake System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Brake System market, Segment by Type:
Disc Brakes
Drum Brakes
Global Brake System market, by Application
Passenger Vehicle
Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Brake System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Brake System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Brake System Market Overview
1.1 Brake System Product Overview
1.2 Brake System Market Segment by Type
1.2.1 Disc Brakes
1.2.2 Drum Brakes
1.3 Global Brake System Market Size by Type
1.3.1 Global Brake System Market Size Overview by Type (2018-2029)
1.3.2 Global Brake System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Brake System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Brake System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Brake System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Brake System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Brake System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Brake System Sales Breakdown by Type (2018-2023)
2 Global Brake System Market Competition by Company
2.1 Global Top Players by Brake System Sales (2018-2023)
2.2 Global Top Players by Brake System Revenue (2018-2023)
2.3 Global Top Players by Brake System Price (2018-2023)
2.4 Global Top Manufacturers Brake System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Brake System Market Competitive Situation and Trends
2.5.1 Brake System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Brake System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Brake System as of 2022)
2.7 Date of Key Manufacturers Enter into Brake System Market
2.8 Key Manufacturers Brake System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Brake System Status and Outlook by Region
3.1 Global Brake System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Brake System Historic Market Size by Region
3.2.1 Global Brake System Sales in Volume by Region (2018-2023)
3.2.2 Global Brake System Sales in Value by Region (2018-2023)
3.2.3 Global Brake System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Brake System Forecasted Market Size by Region
3.3.1 Global Brake System Sales in Volume by Region (2024-2029)
3.3.2 Global Brake System Sales in Value by Region (2024-2029)
3.3.3 Global Brake System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Brake System by Application
4.1 Brake System Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehicle
4.2 Global Brake System Market Size by Application
4.2.1 Global Brake System Market Size Overview by Application (2018-2029)
4.2.2 Global Brake System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Brake System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Brake System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Brake System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Brake System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Brake System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Brake System Sales Breakdown by Application (2018-2023)
5 North America Brake System by Country
5.1 North America Brake System Historic Market Size by Country
5.1.1 North America Brake System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Brake System Sales in Volume by Country (2018-2023)
5.1.3 North America Brake System Sales in Value by Country (2018-2023)
5.2 North America Brake System Forecasted Market Size by Country
5.2.1 North America Brake System Sales in Volume by Country (2024-2029)
5.2.2 North America Brake System Sales in Value by Country (2024-2029)
6 Europe Brake System by Country
6.1 Europe Brake System Historic Market Size by Country
6.1.1 Europe Brake System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Brake System Sales in Volume by Country (2018-2023)
6.1.3 Europe Brake System Sales in Value by Country (2018-2023)
6.2 Europe Brake System Forecasted Market Size by Country
6.2.1 Europe Brake System Sales in Volume by Country (2024-2029)
6.2.2 Europe Brake System Sales in Value by Country (2024-2029)
7 Asia-Pacific Brake System by Region
7.1 Asia-Pacific Brake System Historic Market Size by Region
7.1.1 Asia-Pacific Brake System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Brake System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Brake System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Brake System Forecasted Market Size by Region
7.2.1 Asia-Pacific Brake System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Brake System Sales in Value by Region (2024-2029)
8 Latin America Brake System by Country
8.1 Latin America Brake System Historic Market Size by Country
8.1.1 Latin America Brake System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Brake System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Brake System Sales in Value by Country (2018-2023)
8.2 Latin America Brake System Forecasted Market Size by Country
8.2.1 Latin America Brake System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Brake System Sales in Value by Country (2024-2029)
9 Middle East and Africa Brake System by Country
9.1 Middle East and Africa Brake System Historic Market Size by Country
9.1.1 Middle East and Africa Brake System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Brake System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Brake System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Brake System Forecasted Market Size by Country
9.2.1 Middle East and Africa Brake System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Brake System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ZF
10.1.1 ZF Company Information
10.1.2 ZF Introduction and Business Overview
10.1.3 ZF Brake System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ZF Brake System Products Offered
10.1.5 ZF Recent Development
10.2 Aisin
10.2.1 Aisin Company Information
10.2.2 Aisin Introduction and Business Overview
10.2.3 Aisin Brake System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Aisin Brake System Products Offered
10.2.5 Aisin Recent Development
10.3 Akebono Brake Industry
10.3.1 Akebono Brake Industry Company Information
10.3.2 Akebono Brake Industry Introduction and Business Overview
10.3.3 Akebono Brake Industry Brake System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Akebono Brake Industry Brake System Products Offered
10.3.5 Akebono Brake Industry Recent Development
10.4 CBI
10.4.1 CBI Company Information
10.4.2 CBI Introduction and Business Overview
10.4.3 CBI Brake System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 CBI Brake System Products Offered
10.4.5 CBI Recent Development
10.5 Continental
10.5.1 Continental Company Information
10.5.2 Continental Introduction and Business Overview
10.5.3 Continental Brake System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Continental Brake System Products Offered
10.5.5 Continental Recent Development
10.6 Nissin Kogyo
10.6.1 Nissin Kogyo Company Information
10.6.2 Nissin Kogyo Introduction and Business Overview
10.6.3 Nissin Kogyo Brake System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Nissin Kogyo Brake System Products Offered
10.6.5 Nissin Kogyo Recent Development
10.7 Mando
10.7.1 Mando Company Information
10.7.2 Mando Introduction and Business Overview
10.7.3 Mando Brake System Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Mando Brake System Products Offered
10.7.5 Mando Recent Development
10.8 APG
10.8.1 APG Company Information
10.8.2 APG Introduction and Business Overview
10.8.3 APG Brake System Sales, Revenue and Gross Margin (2018-2023)
10.8.4 APG Brake System Products Offered
10.8.5 APG Recent Development
10.9 Knorr-Bremse
10.9.1 Knorr-Bremse Company Information
10.9.2 Knorr-Bremse Introduction and Business Overview
10.9.3 Knorr-Bremse Brake System Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Knorr-Bremse Brake System Products Offered
10.9.5 Knorr-Bremse Recent Development
10.10 Wabco
10.10.1 Wabco Company Information
10.10.2 Wabco Introduction and Business Overview
10.10.3 Wabco Brake System Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Wabco Brake System Products Offered
10.10.5 Wabco Recent Development
10.11 XinYi
10.11.1 XinYi Company Information
10.11.2 XinYi Introduction and Business Overview
10.11.3 XinYi Brake System Sales, Revenue and Gross Margin (2018-2023)
10.11.4 XinYi Brake System Products Offered
10.11.5 XinYi Recent Development
10.12 Shandong Aoyou
10.12.1 Shandong Aoyou Company Information
10.12.2 Shandong Aoyou Introduction and Business Overview
10.12.3 Shandong Aoyou Brake System Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Shandong Aoyou Brake System Products Offered
10.12.5 Shandong Aoyou Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Brake System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Brake System Industrial Chain Analysis
11.4 Brake System Market Dynamics
11.4.1 Brake System Industry Trends
11.4.2 Brake System Market Drivers
11.4.3 Brake System Market Challenges
11.4.4 Brake System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Brake System Distributors
12.3 Brake System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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