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Brake Systems-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 Systems market size is expected to reach US$ 15510 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Brake Systems in various end use industries. The expanding demands from the Passenger Car and Light & Heavy Commercial Vehicle, are propelling Brake Systems market. OEM, 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 After Market 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 Systems, 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 Systems 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 Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Brake Systems 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 Systems covered in this report include Aisin Seiki Co., Ltd., Akebono Brake Industry Co., Ltd., Autoliv, Inc., Robert Bosch GmbH, Brembo S.p.A, Continental AG, Delphi Automotive PLC, Federal-Mogul Holdings Corp and Haldex AB, etc.
The global Brake Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Aisin Seiki Co., Ltd.
Akebono Brake Industry Co., Ltd.
Autoliv, Inc.
Robert Bosch GmbH
Brembo S.p.A
Continental AG
Delphi Automotive PLC
Federal-Mogul Holdings Corp
Haldex AB
Hitachi Automotive Systems
Knorr-Bremse AG
Mando Corporation
Nissin Kogyo Co., Ltd
ZF Friedrichshafen AG
WABCO Holdings, Inc.
Global Brake Systems 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 Systems market, Segment by Type:
OEM
After Market
Global Brake Systems market, by Application
Passenger Car
Light & Heavy 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 Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Brake Systems 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 Systems market size is expected to reach US$ 15510 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Brake Systems in various end use industries. The expanding demands from the Passenger Car and Light & Heavy Commercial Vehicle, are propelling Brake Systems market. OEM, 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 After Market 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 Systems, 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 Systems 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 Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Brake Systems 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 Systems covered in this report include Aisin Seiki Co., Ltd., Akebono Brake Industry Co., Ltd., Autoliv, Inc., Robert Bosch GmbH, Brembo S.p.A, Continental AG, Delphi Automotive PLC, Federal-Mogul Holdings Corp and Haldex AB, etc.
The global Brake Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Aisin Seiki Co., Ltd.
Akebono Brake Industry Co., Ltd.
Autoliv, Inc.
Robert Bosch GmbH
Brembo S.p.A
Continental AG
Delphi Automotive PLC
Federal-Mogul Holdings Corp
Haldex AB
Hitachi Automotive Systems
Knorr-Bremse AG
Mando Corporation
Nissin Kogyo Co., Ltd
ZF Friedrichshafen AG
WABCO Holdings, Inc.
Global Brake Systems 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 Systems market, Segment by Type:
OEM
After Market
Global Brake Systems market, by Application
Passenger Car
Light & Heavy 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 Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Brake Systems 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 Systems Market Overview
1.1 Brake Systems Product Overview
1.2 Brake Systems Market Segment by Type
1.2.1 OEM
1.2.2 After Market
1.3 Global Brake Systems Market Size by Type
1.3.1 Global Brake Systems Market Size Overview by Type (2018-2029)
1.3.2 Global Brake Systems Historic Market Size Review by Type (2018-2023)
1.3.3 Global Brake Systems Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Brake Systems Sales Breakdown by Type (2018-2023)
1.4.2 Europe Brake Systems Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Brake Systems Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Brake Systems Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Brake Systems Sales Breakdown by Type (2018-2023)
2 Global Brake Systems Market Competition by Company
2.1 Global Top Players by Brake Systems Sales (2018-2023)
2.2 Global Top Players by Brake Systems Revenue (2018-2023)
2.3 Global Top Players by Brake Systems Price (2018-2023)
2.4 Global Top Manufacturers Brake Systems Manufacturing Base Distribution, Sales Area, Product Type
2.5 Brake Systems Market Competitive Situation and Trends
2.5.1 Brake Systems Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Brake Systems 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 Systems as of 2022)
2.7 Date of Key Manufacturers Enter into Brake Systems Market
2.8 Key Manufacturers Brake Systems Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Brake Systems Status and Outlook by Region
3.1 Global Brake Systems Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Brake Systems Historic Market Size by Region
3.2.1 Global Brake Systems Sales in Volume by Region (2018-2023)
3.2.2 Global Brake Systems Sales in Value by Region (2018-2023)
3.2.3 Global Brake Systems Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Brake Systems Forecasted Market Size by Region
3.3.1 Global Brake Systems Sales in Volume by Region (2024-2029)
3.3.2 Global Brake Systems Sales in Value by Region (2024-2029)
3.3.3 Global Brake Systems Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Brake Systems by Application
4.1 Brake Systems Market Segment by Application
4.1.1 Passenger Car
4.1.2 Light & Heavy Commercial Vehicle
4.2 Global Brake Systems Market Size by Application
4.2.1 Global Brake Systems Market Size Overview by Application (2018-2029)
4.2.2 Global Brake Systems Historic Market Size Review by Application (2018-2023)
4.2.3 Global Brake Systems Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Brake Systems Sales Breakdown by Application (2018-2023)
4.3.2 Europe Brake Systems Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Brake Systems Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Brake Systems Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Brake Systems Sales Breakdown by Application (2018-2023)
5 North America Brake Systems by Country
5.1 North America Brake Systems Historic Market Size by Country
5.1.1 North America Brake Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Brake Systems Sales in Volume by Country (2018-2023)
5.1.3 North America Brake Systems Sales in Value by Country (2018-2023)
5.2 North America Brake Systems Forecasted Market Size by Country
5.2.1 North America Brake Systems Sales in Volume by Country (2024-2029)
5.2.2 North America Brake Systems Sales in Value by Country (2024-2029)
6 Europe Brake Systems by Country
6.1 Europe Brake Systems Historic Market Size by Country
6.1.1 Europe Brake Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Brake Systems Sales in Volume by Country (2018-2023)
6.1.3 Europe Brake Systems Sales in Value by Country (2018-2023)
6.2 Europe Brake Systems Forecasted Market Size by Country
6.2.1 Europe Brake Systems Sales in Volume by Country (2024-2029)
6.2.2 Europe Brake Systems Sales in Value by Country (2024-2029)
7 Asia-Pacific Brake Systems by Region
7.1 Asia-Pacific Brake Systems Historic Market Size by Region
7.1.1 Asia-Pacific Brake Systems Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Brake Systems Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Brake Systems Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Brake Systems Forecasted Market Size by Region
7.2.1 Asia-Pacific Brake Systems Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Brake Systems Sales in Value by Region (2024-2029)
8 Latin America Brake Systems by Country
8.1 Latin America Brake Systems Historic Market Size by Country
8.1.1 Latin America Brake Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Brake Systems Sales in Volume by Country (2018-2023)
8.1.3 Latin America Brake Systems Sales in Value by Country (2018-2023)
8.2 Latin America Brake Systems Forecasted Market Size by Country
8.2.1 Latin America Brake Systems Sales in Volume by Country (2024-2029)
8.2.2 Latin America Brake Systems Sales in Value by Country (2024-2029)
9 Middle East and Africa Brake Systems by Country
9.1 Middle East and Africa Brake Systems Historic Market Size by Country
9.1.1 Middle East and Africa Brake Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Brake Systems Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Brake Systems Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Brake Systems Forecasted Market Size by Country
9.2.1 Middle East and Africa Brake Systems Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Brake Systems Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Aisin Seiki Co., Ltd.
10.1.1 Aisin Seiki Co., Ltd. Company Information
10.1.2 Aisin Seiki Co., Ltd. Introduction and Business Overview
10.1.3 Aisin Seiki Co., Ltd. Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Aisin Seiki Co., Ltd. Brake Systems Products Offered
10.1.5 Aisin Seiki Co., Ltd. Recent Development
10.2 Akebono Brake Industry Co., Ltd.
10.2.1 Akebono Brake Industry Co., Ltd. Company Information
10.2.2 Akebono Brake Industry Co., Ltd. Introduction and Business Overview
10.2.3 Akebono Brake Industry Co., Ltd. Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Akebono Brake Industry Co., Ltd. Brake Systems Products Offered
10.2.5 Akebono Brake Industry Co., Ltd. Recent Development
10.3 Autoliv, Inc.
10.3.1 Autoliv, Inc. Company Information
10.3.2 Autoliv, Inc. Introduction and Business Overview
10.3.3 Autoliv, Inc. Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Autoliv, Inc. Brake Systems Products Offered
10.3.5 Autoliv, Inc. Recent Development
10.4 Robert Bosch GmbH
10.4.1 Robert Bosch GmbH Company Information
10.4.2 Robert Bosch GmbH Introduction and Business Overview
10.4.3 Robert Bosch GmbH Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Robert Bosch GmbH Brake Systems Products Offered
10.4.5 Robert Bosch GmbH Recent Development
10.5 Brembo S.p.A
10.5.1 Brembo S.p.A Company Information
10.5.2 Brembo S.p.A Introduction and Business Overview
10.5.3 Brembo S.p.A Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Brembo S.p.A Brake Systems Products Offered
10.5.5 Brembo S.p.A Recent Development
10.6 Continental AG
10.6.1 Continental AG Company Information
10.6.2 Continental AG Introduction and Business Overview
10.6.3 Continental AG Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Continental AG Brake Systems Products Offered
10.6.5 Continental AG Recent Development
10.7 Delphi Automotive PLC
10.7.1 Delphi Automotive PLC Company Information
10.7.2 Delphi Automotive PLC Introduction and Business Overview
10.7.3 Delphi Automotive PLC Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Delphi Automotive PLC Brake Systems Products Offered
10.7.5 Delphi Automotive PLC Recent Development
10.8 Federal-Mogul Holdings Corp
10.8.1 Federal-Mogul Holdings Corp Company Information
10.8.2 Federal-Mogul Holdings Corp Introduction and Business Overview
10.8.3 Federal-Mogul Holdings Corp Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Federal-Mogul Holdings Corp Brake Systems Products Offered
10.8.5 Federal-Mogul Holdings Corp Recent Development
10.9 Haldex AB
10.9.1 Haldex AB Company Information
10.9.2 Haldex AB Introduction and Business Overview
10.9.3 Haldex AB Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Haldex AB Brake Systems Products Offered
10.9.5 Haldex AB Recent Development
10.10 Hitachi Automotive Systems
10.10.1 Hitachi Automotive Systems Company Information
10.10.2 Hitachi Automotive Systems Introduction and Business Overview
10.10.3 Hitachi Automotive Systems Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hitachi Automotive Systems Brake Systems Products Offered
10.10.5 Hitachi Automotive Systems Recent Development
10.11 Knorr-Bremse AG
10.11.1 Knorr-Bremse AG Company Information
10.11.2 Knorr-Bremse AG Introduction and Business Overview
10.11.3 Knorr-Bremse AG Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Knorr-Bremse AG Brake Systems Products Offered
10.11.5 Knorr-Bremse AG Recent Development
10.12 Mando Corporation
10.12.1 Mando Corporation Company Information
10.12.2 Mando Corporation Introduction and Business Overview
10.12.3 Mando Corporation Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Mando Corporation Brake Systems Products Offered
10.12.5 Mando Corporation Recent Development
10.13 Nissin Kogyo Co., Ltd
10.13.1 Nissin Kogyo Co., Ltd Company Information
10.13.2 Nissin Kogyo Co., Ltd Introduction and Business Overview
10.13.3 Nissin Kogyo Co., Ltd Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Nissin Kogyo Co., Ltd Brake Systems Products Offered
10.13.5 Nissin Kogyo Co., Ltd Recent Development
10.14 ZF Friedrichshafen AG
10.14.1 ZF Friedrichshafen AG Company Information
10.14.2 ZF Friedrichshafen AG Introduction and Business Overview
10.14.3 ZF Friedrichshafen AG Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.14.4 ZF Friedrichshafen AG Brake Systems Products Offered
10.14.5 ZF Friedrichshafen AG Recent Development
10.15 WABCO Holdings, Inc.
10.15.1 WABCO Holdings, Inc. Company Information
10.15.2 WABCO Holdings, Inc. Introduction and Business Overview
10.15.3 WABCO Holdings, Inc. Brake Systems Sales, Revenue and Gross Margin (2018-2023)
10.15.4 WABCO Holdings, Inc. Brake Systems Products Offered
10.15.5 WABCO Holdings, Inc. Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Brake Systems 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 Systems Industrial Chain Analysis
11.4 Brake Systems Market Dynamics
11.4.1 Brake Systems Industry Trends
11.4.2 Brake Systems Market Drivers
11.4.3 Brake Systems Market Challenges
11.4.4 Brake Systems Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Brake Systems Distributors
12.3 Brake Systems 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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