Global Automotive Braking System Market Research Report – Forecast till 2025

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Global Automotive Braking System Market is expected to reach a value of USD 35.9 Billion to witness the highest CAGR of 5.55% during the review period.

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Global Automotive Braking System Market Research Report – Forecast till 2025

Market Overview
Global Automotive Braking System Market is expected to reach a value of USD 35.9 Billion to witness the highest CAGR of 5.55% during the review period. The automotive braking system is a kind of control system intended to slow down the speed of a vehicle smoothly to attain a controlled stop. It uses a technique of friction which is resistance to motion one object moving relative to another. The system equipped with the master cylinder, brake fluid, hoses, calipers, brake pads, rotors, drums, and brake shoes is expected to work together to lower the speed by convert mechanical energy into heat energy.
The automotive braking system is likely to witness substantial market growth during the assessment period. The regional market growth is attributed to the rising prevalence of road accident deaths and the growing automotive aftermarket. Nevertheless, the failure rate of the system is expected to hinder the growth of the market. Moreover, the increasing demand for lightweight spare parts is expected to create lucrative growth opportunities for major market players during the review period.
Market Segmentation
Global Market for Automotive Braking Systems has been categorized in terms of Brake Type, Brake System, Component, and Vehicle Type.
Depending on Brake Type, the global market has been bifurcated into disc brake and drum brake. In 2019, the disc brake segment was evaluated for the highest market share of 71.8% and it is expected to exhibit a 5.91% CAGR during the assessment period.
The Brake System categorizes the global market into ABS, ESC, TCS, and others. The ABS segment is expected to command the market with a healthy CAGR of 5.88% over the review period.
In terms of component type, the global market has been classified into the master cylinder, brake pad, calipers, disc, vacuum servo brake, brake drums, and others. The master cylinder segment is expected to contribute the largest share owing to the highest market value of USD 6,701.5 million. And it is projected to exhibit a 7.78% CAGR by the end of 2025.
By vehicle type, the global market has been categorized into PCV, LCV, and HCV.
Regional Analysis
Based on the region, the report on the global automotive braking system market has been divided into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
The Asia Pacific is likely to drive the largest market of the global automotive braking system owing to the growing auto component manufacturing market with automotive braking systems. The market growth is attributed to the rising population and low labor costs are attracting automotive industry players to set up production facilities in the region. Furthermore, the proliferating aftermarket industry of automotive components and other related products is estimated to fuel the automotive braking system market during the forecast timeframe.
Europe is anticipated to register the secondary market owing to the advanced automotive hubs across the globe. The regional market comprises the UK, Germany, Italy, and France.
Major Players
Some of the major market players of the global automotive braking system are Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Delphi Technologies, Mando Corp., and Valeo.

COVID 19 Impacts
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TABLE OF CONTENT 1 EXECUTIVE SUMMARY 1.1 MARKET ATTRACTIVENESS ANALYSIS 1.1.1 GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE TYPE 1.1.2 GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE SYSTEM 1.1.3 GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET, BY COMPONENT 1.1.4 GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET, BY VEHICLE TYPE 1.1.5 GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET, BY REGION 2 MARKET INTRODUCTION 2.1 DEFINITION 2.2 SCOPE OF THE STUDY 2.3 MARKET STRUCTURE 3 RESEARCH METHODOLOGY 3.1 RESEARCH PROCESS 3.2 PRIMARY RESEARCH 3.3 SECONDARY RESEARCH 3.4 MARKET SIZE ESTIMATION 3.5 TOP-DOWN AND BOTTOM-UP APPROACH 3.6 FORECAST MODEL 3.7 LIST OF ASSUMPTIONS 4 MARKET INSIGHTS 5 MARKET DYNAMICS 5.1 INTRODUCTION 5.2 DRIVERS 5.2.1 ROAD ACCIDENT DEATHS 5.2.2 GROWING AUTOMOTIVE AFTERMARKET 5.2.3 DRIVER IMPACT ANALYSIS 5.3 RESTRAINTS 5.3.1 FAILURE RATE 5.3.2 RESTRAINT IMPACT ANALYSIS 5.4 OPPORTUNITIES 5.4.1 RISING DEMAND FOR LIGHTWEIGHT PRODUCTS 5.5 COVID-19 IMPACT ANALYSIS 5.5.1 ECONOMIC IMPACT ON AUTOMOTIVE INDUSTRY 5.5.2 IMPACT ON AUTOMOTIVE PRODUCTION 5.5.3 IMPACT ON BRAKING SYSTEMS INDUSTRY 5.5.4 IMPACT ON WORLD TRADE 6 MARKET FACTOR ANALYSIS 6.1 PORTER’S FIVE FORCES MODEL 6.1.1 THREAT OF NEW ENTRANTS 6.1.2 BARGAINING POWER OF SUPPLIERS 6.1.3 THREAT OF SUBSTITUTES 6.1.4 BARGAINING POWER OF BUYERS 6.1.5 INTENSITY OF RIVALRY 6.2 SUPPLY CHAIN ANALYSIS 6.2.1 DESIGN & DEVELOPMENT 6.2.2 RAW MATERIAL SUPPLY 6.2.3 MANUFACTURE/ASSEMBLY 6.2.4 DISTRIBUTION 6.2.5 END USE 7 GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE TYPE 7.1 OVERVIEW 7.1.1 DISC BRAKE 7.1.2 DRUM BRAKE 8 GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE SYSTEM 8.1 OVERVIEW 8.1.1 ABS 8.1.2 TCS 8.1.3 ESC 8.1.4 OTHERS 9 GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET, BY COMPONENTS 9.1 OVERVIEW 9.1.1 MASTER CYLINDER 9.1.2 BRAKE PAD 9.1.3 DISC 9.1.4 CALIPERS 9.1.5 VACUUM SERVO BRAKE 9.1.6 BRAKE DRUM 9.1.7 OTHERS 10 GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET, BY VEHICLE TYPE 10.1 OVERVIEW 10.1.1 PASSENGER CARRYING VEHICLE (PCV) 10.1.2 LIGHT COMMERCIAL VEHICLE (LCV) 10.1.3 HEAVY COMMERCIAL VEHICLE (HCV) 11 GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET, BY REGION 11.1 OVERVIEW 11.1.1 GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET, BY REGION, 2018–2026 11.2 EUROPE 11.2.1 EUROPE: AUTOMOTIVE BRAKING SYSTEM MARKET, BY COUNTRY, 2018–2026 11.2.2 EUROPE: AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE TYPE, 2018–2026 11.2.3 EUROPE: AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE SYSTEM, 2018—2026 11.2.4 EUROPE: AUTOMOTIVE BRAKING SYSTEM MARKET, BY COMPONENTS, 2018—2026 11.2.5 EUROPE: AUTOMOTIVE BRAKING SYSTEM MARKET, BY VEHICLE TYPE, 2018—2026 11.2.6 GERMANY 11.2.7 FRANCE 11.2.8 UK 11.2.9 ITALY 11.2.10 SPAIN 11.3 ASIA-PACIFIC 11.3.1 ASIA-PACIFIC: AUTOMOTIVE BRAKING SYSTEM MARKET, BY COUNTRY, 2018–2026 11.3.2 ASIA-PACIFIC: AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE TYPE, 2018–2026 11.3.3 ASIA-PACIFIC: AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE SYSTEM, 2018—2026 11.3.4 ASIA-PACIFIC: AUTOMOTIVE BRAKING SYSTEM MARKET, BY COMPONENTS, 2018—2026 11.3.5 ASIA-PACIFIC: AUTOMOTIVE BRAKING SYSTEM MARKET, BY VEHICLE TYPE, 2018—2026 11.3.6 CHINA 11.3.7 JAPAN 11.3.8 INDIA 11.3.9 REST OF ASIA-PACIFIC 11.4 NORTH AMERICA 11.4.1 NORTH AMERICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY COUNTRY, 2018–2026 11.4.2 NORTH AMERICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE TYPE, 2018–2026 11.4.3 NORTH AMERICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE SYSTEM, 2018—2026 11.4.4 NORTH AMERICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY COMPONENTS, 2018—2026 11.4.5 NORTH AMERICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY VEHICLE TYPE, 2018—2026 11.4.6 US 11.4.7 CANADA 11.4.8 MEXICO 11.5 SOUTH AMERICA 11.5.1 SOUTH AMERICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY COUNTRY, 2018—2026 11.5.2 SOUTH AMERICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE TYPE, 2018–2026 11.5.3 SOUTH AMERICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE SYSTEM, 2018—2026 11.5.4 SOUTH AMERICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY COMPONENTS, 2018—2026 11.5.5 SOUTH AMERICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY VEHICLE TYPE, 2018—2026 11.5.6 BRAZIL 11.5.7 ARGENTINA 11.5.8 REST OF SOUTH AMERICA 11.6 MIDDLE EAST & AFRICA 11.6.1 MIDDLE EAST & AFRICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY COUNTRY, 2018–2026 11.6.2 MIDDLE EAST & AFRICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE TYPE, 2018–2026 11.6.3 MIDDLE EAST & AFRICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY BRAKE SYSTEM, 2018—2026 11.6.4 MIDDLE EAST & AFRICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY COMPONENTS, 2018—2026 11.6.5 MIDDLE EAST & AFRICA: AUTOMOTIVE BRAKING SYSTEM MARKET, BY VEHICLE TYPE, 2018—2026 11.6.6 SAUDI ARABIA 11.6.7 UAE 11.6.8 SOUTH AFRICA 11.6.9 REST OF MIDDLE EAST & AFRICA 12 COMPETITIVE LANDSCAPE 12.1 COMPETITIVE OVERVIEW 12.2 COMPETITIVE BENCHMARKING 12.3 MARKET SHARE ANALYSIS 12.4 KEY DEVELOPMENTS IN THE GLOBAL AUTOMOTIVE BRAKING SYSTEM MARKET 12.4.1 KEY DEVELOPMENTS: MERGERS & ACQUISITIONS 12.4.2 KEY DEVELOPMENTS: CONTRACTS & AGREEMENTS 12.4.3 KEY DEVELOPMENTS: EXPANSION 12.4.4 KEY DEVELOPMENTS: PRODUCT DEVELOPMENTS 13 COMPANY PROFILES 13.1 ROBERT BOSCH GMBH 13.1.1 COMPANY OVERVIEW 13.1.2 FINANCIAL OVERVIEW 13.1.3 GROSS MARGIN 13.1.4 PRODUCTS OFFERED 13.1.5 KEY DEVELOPMENTS 13.1.6 SWOT ANALYSIS 13.1.7 KEY STRATEGIES 13.2 CONTINENTAL AG 13.2.1 COMPANY OVERVIEW 13.2.2 FINANCIAL OVERVIEW 13.2.3 GROSS MARGIN 13.2.4 PRODUCTS OFFERED 13.2.5 KEY DEVELOPMENTS 13.2.6 SWOT ANALYSIS 13.2.7 KEY STRATEGIES 13.3 ZF FRIEDRICHSHAFEN AG 13.3.1 COMPANY OVERVIEW 13.3.2 FINANCIAL OVERVIEW 13.3.3 GROSS MARGIN 13.3.4 PRODUCTS/SOLUTIONS/SERVICES OFFERED 13.3.5 KEY DEVELOPMENTS 13.3.6 SWOT ANALYSIS 13.3.7 KEY STRATEGIES 13.4 DELPHI TECHNOLOGIES 13.4.1 COMPANY OVERVIEW 13.4.2 FINANCIAL OVERVIEW 13.4.3 GROSS MARGIN 13.4.4 PRODUCTS OFFERED 13.4.5 KEY DEVELOPMENTS 13.4.6 SWOT ANALYSIS 13.4.7 KEY STRATEGIES 13.5 MANDO CORP. 13.5.1 COMPANY OVERVIEW 13.5.2 FINANCIAL OVERVIEW 13.5.3 GROSS MARGIN 13.5.4 PRODUCTS OFFERED 13.5.5 KEY DEVELOPMENTS 13.5.6 SWOT ANALYSIS 13.5.7 KEY STRATEGIES 13.6 VALEO 13.6.1 COMPANY OVERVIEW 13.6.2 FINANCIAL OVERVIEW 13.6.3 GROSS MARGIN 13.6.4 PRODUCTS OFFERED 13.6.5 KEY DEVELOPMENTS 13.7 AKEBONO BRAKE INDUSTRY CO., LTD 13.7.1 COMPANY OVERVIEW 13.7.2 FINANCIAL OVERVIEW 13.7.3 GROSS MARGIN 13.7.4 PRODUCTS OFFERED 13.7.5 KEY DEVELOPMENTS 13.8 KNORR-BREMSE AG 13.8.1 COMPANY OVERVIEW 13.8.2 FINANCIAL OVERVIEW 13.8.3 PRODUCTS OFFERED 13.8.4 KEY DEVELOPMENTS 13.9 AISIN SEIKI CO., LTD 13.9.1 COMPANY OVERVIEW 13.9.2 FINANCIAL OVERVIEW 13.9.3 PRODUCTS OFFERED 13.9.4 KEY DEVELOPMENTS 13.10 VULKAN GROUP 13.10.1 COMPANY OVERVIEW 13.10.2 FINANCIAL OVERVIEW 13.10.3 PRODUCTS OFFERED 13.10.4 KEY DEVELOPMENTS 14 APPENDIX 14.1 REFERENCES 14.2 RELATED REPORTS