Global Automotive Braking System Market Research Report – Forecast till 2025
$4450 – $6250
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.
Description
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
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
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