Air Brake Systems Market
Market Survey on Air Brake Systems Market Covering Sales Outlook, Up-to-date Key Trends, Market Size and Forecast, OEM and Aftermarket Sales Analysis, Supplier Ecosystem, Company Analysis and Who Supplies Whom
An In-depth Market Insights of Air Brake Systems Market including Disc Brake, and Drum Brake Covering 30+ Countries like United States, United Kingdom, Germany, France, Norway, Sweden, Saudi Arabia, United Arab Emirates, Japan, Korea, Australia, New Zealand, and Others
A Summary of the Air Brake Systems Market Development (2023 to 2033)
As of the current year, 2023, the global air brake system market is estimated at US$ 2,108.8 Million. The value of the air brake system market is anticipated to surpass US$ 3,003.5 Million by the year 2033, advancing at a CAGR of 3.6%. A historical market valuation of US$ 2,025.7 Million has been recorded by the analysts of Future Market Insights for the concerned market during the base year. The growth is supported by:
- The high demand for air-pressing piston application in the brakes to stop vehicles.
- A rise in the sale and production of commercial vehicles is estimated to boost the sale of air brake systems across the globe.
- An increase in the production of high-speed trains and developments in the railways are driving the expansion of the air brake system market.
- The requirement in the automotive industry to apply great efforts to apply brakes often demands the frequent employment of air brake systems.
- Growing regulations passed by the government across developing economies for the reduction of stopping distance is identified as a major cause reshaping the landscape of the air brake system market.
|
Report Attribute |
Details |
|
Air Brake Systems Market Value (2023) |
US$ 2,108.8 Million |
|
Air Brake Systems Market Anticipated Value (2033) |
US$ 3,003.5 Million |
|
Air Brake Systems Projected Growth Rate (2023 to 2033) |
3.6% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
High Capital Expenditure Hovers as a Curse over the Air Brake Systems Industry
Although the market has healthy growth, it is identified that certain elements prevailing in the market are expected to hinder the pace of advancement. The high cost of air brakes over the implication of hydraulic brakes poses a threat to the industry.
It has been identified that there is a surge in the production of electric vehicles (EVs). Increased focus on electric buses and trucks is anticipated to curb the advancement of the market in the forthcoming years. Furthermore, the airbrakes tend to freeze at extremely low temperatures, impeding the growth of the product.
However, it is also analyzed that new regulations by the government in regard to load-carrying capacity and mandatory installation of air brake systems are likely to create profitable opportunities during the forecast period.
Railway Industry Paves the Pathway to Boon
There is a huge demand from the railway industry for air brake systems. The revenue growth of the market is estimated to surge further during the projection period. The rail freight vehicles are getting equipped with air brakes that have twin pipes or single pipes graduated release mechanisms.
The railway industry is heavily using air brake systems because they are very effective and a dependable source of stopping technology for long and big trains that operate at high speed. Compressed air is being used for the brake technology employed, and is a significant factor contributing to the growth of the market.
Find your sweet spots for generating winning opportunities in this market.
Overview of the Historical Market Scenario
It is identified that the air brake systems market has been witnessing an unprecedented surge in recent years. After an in-depth analysis of the market, it is estimated that there has been an approximate rise of US$ 83.1 Million from the base year to the current. The market accounted for a historical CAGR of 2.0% during the period 2018 to 2022.
The growth of the market can be attributed to stringent standards of safety and higher importance on efficiency. Changing advancements and components are prompting manufacturers in the air brake system market to focus on the development of their brakes. Upsurge in the demand for vehicle safety technologies that include anti-lock braking systems, regenerative braking, electronic stability program, and traction control systems have compelled the OEMs to integrate such technologies in the air brake systems.
Therefore, it is projected that the market has increased at a steady pace and is likely to have significant growth over the forecast period.
Comparative Analysis of Adjacent Markets
Air Brake Systems Market:
|
Differentiating Aspects |
Air Brake Systems Market |
|
CAGR |
4.8% |
|
Market Valuation in 2022 |
US$ 2,108.8 Million |
|
Projected Market Value in 2032 |
US$ 3,003.5 Million |
|
Drivers |
Development in the railway sector and production of high-speed vehicles |
Automotive Brake Market:
|
Differentiating Aspects |
Automotive Brake Market |
|
CAGR |
5.4% |
|
Market Valuation in 2022 |
US$ 50.66 Billion |
|
Projected Market Value in 2032 |
US$ 85.71 Billion |
|
Drivers |
The adoption of luxury automobiles is propelling |
Brake System Market:
|
Differentiating Aspects |
Brake System Market |
|
CAGR |
4.8% |
|
Market Valuation in 2022 |
US$ 23.27 Billion |
|
Projected Market Value in 2032 |
US$ 37.18 Billion |
|
Drivers |
Roll out of stringent safety regulations is bolstering the market demand for braking systems in the automobile industry. |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Category-wise Insights
Foregoing Vehicle Models Curate Further Opportunities for Domineering Segments
Air Drum Brake - By Type
After an in-depth analysis of the air brake systems market, it has been revealed that the air drum brakes segment by product type is likely to hold significant market shares through the forecast period. This segment is likely to move at a steady pace, registering a CAGR of 4.4%. This segment is currently having a market share of 67.5% in 2023.
The factors attributing to the growth of this segment are:
- Affordable manufacturing and simplistic construction of air drum brakes are resulting in the widespread use of this system.
- The air drum brakes have a low maintenance cost in comparison to the air disc brakes.
- They function using frictional force and are estimated to have higher demand through the forecast period.
Compressor - By Component Type
The compressor segment by component type is identified to hold significant shares of the air brake systems market through 2033. The segment has been moving ahead of the following component types that include foot valves, slack adjusters, brake chambers, governors, air dryers, and others. The segment is estimated to expand at a CAGR of 5.5% during the estimated study period. The factors making a contribution to the rising shares of this segment in the market are:
- The compressors are engineered in a way that they function automatically even when a vehicle loses its compressed air supply due to any issue or a leak.
- An emergency capability enables a rapid application through a second emergency reservoir, thereby raising the demand for compressors in 2023.
Country-wise Insights
Automotive Sector Across Diverse Countries Escalate the Adoption of Air Brake Systems
| Country/Region | United States of America |
| Statistics | The USA has emerged as the leading country in the North American region with an 18.5% market share in 2023. |
| Growth Propellants |
The factors attributing to the growth of the USA air brake systems market include the manufacture of commercial vehicles. As per the research of FMI, 7.6 million commercial vehicles were manufactured in the base year. As per the USA Department of Transportation, the trucks transported 70.9% of the value of trade between the USA and Canada, which is expected to drive the demand through the forecast period. |
| Country/Region | Europe |
| Statistics | The UK emerged as the leading European country in the air brake systems market. The country is currently having a 4% market share in 2023. |
| Growth Propellants |
A growth in end-user demand, coupled with lower time-consuming of brakes is driving the demand for air brake systems in European countries. Higher efficiency and surge in the market size of the railway and automobile industry have turned out to be the most significant factors using the concerned products across Europe. |
| Country/Region | Japan |
| Statistics | Japan is projected to have a considerable rate of expansion in the air brake system market size over the forecast period. At present, the country is holding 5.2% shares of the Asia Pacific market. |
| Growth Propellants | The robust revenue growth across Japan is owing to the rising investment in transportation infrastructure. Demand across Japan to shorten the transit time of freight with rising the average speed for freight trains is bolstering the application of air brake systems and raising the market size in Japan. |
| Country/Region | Korea |
| Statistics | The Korean air brake system market is identified to have substantial growth over the forecast period. |
| Growth Propellants |
Industrial robotics and the surge in the implementation of automation processes across Korea are fueling the employment of air brake systems in vehicles. Stringent regulations imposed by the Korean government for automobiles to have suitable hardware with collision avoidance systems are creating lucrative growth prospects for key players in the country. |
Start-up Ecosystem
Start-ups Add an Edge to the Conventional Models of Air Brake Systems
The new entrants in the air brake systems market are leveraging advancements in technology to launch new products and gain a competitive advantage. These firms are continually investing in research and development activities to keep themselves in tandem with the changing consumer preferences and end-use industry demands. Efforts are being made to strengthen their foothold in the market and aid the further progression of the air brake systems market.
Top Start-ups to Watch For
BERINGER SAS - This start-up firm specializes in high-performance air brakes. The specialty is owing to the innovative solutions designed for cars, quads, and motorcycles. For the racing market, they have a strong presence of highly performing brakes, particularly for motorcycle racing. It is identified that this firm invests more than 10 percent of its total turnovers each year in research and development activities and more than 10 patents for braking technologies.
Brembo - Brembo is an Italy-based automotive brake system manufacturing company for high-performance cars and motorcycles. The company sells over 1,300 products across the world and has a presence in both OEMs and aftermarkets. It is also a prominent brake system supplier to racing events such as F1, MotoGP, and IndyCar series.
Continental - This company is offering products and services to the rubber and automotive industries. Their unique range of product lines is fetching incredible revenue shares and is increasing the prominence of the firm on a global scale.
Competitive Landscape
Biggies Cede a Silver Lining to the Air Brake Systems Market
The air brake systems market is fragmented and the key players are deploying organic and inorganic growth strategies to compete in the market. The biggies are heavily investing in research and development activities to advanced braking systems with efficient compressors for easing the job of autonomous vehicle manufacturers to make automobiles with high speed, backed by high safety.
EBC Brakes is one of the world’s leading brake specialist companies. It supplies products to both the aftermarket and production-based race cars. EBC Brakes produces the largest range of brake pads and brake discs in the world. It supplies brake pads, brake rotors, brake lines, brake kits, and brake shoes and accessories to passenger cars, motorcycles, and commercial vehicles in the automotive market.
Recent Developments
- In February 2022, Knorr-Bremse AG initiated a long-term framework of a contract with Alstom for delivering braking systems, entrance, and climate control solutions for major projects of transportation. The company is estimated to deliver electro-pneumatic braking systems that include PistonSupply eco oil-free compressors, SysControl electronic brake control systems, and the FlexControl flexible brake control unit, sanding systems, and track brakes.
- In June 2022, ZF Friedrichshafen AG launched an expanded facility across India. The facility is identified to be the largest hub of software for the ZF Group, which is anticipated to create extensive opportunities for jobs within the state of Hyderabad.
Some of the companies proliferating in the market are
- Knorr-Bremse AG
- Anand Group
- Minda Nabtesco Automotive (P) LTD.
- WABCO, Airmaster Brake Systems
- Bendix Commercial Vehicle Systems LLC
- Haldex Europe SAS
- Brakes India Limited
- SORL Auto Parts, Inc.
- YUMAK Air Brake Systems
- Fricción y Tecnología
- S.A. de C.V.
Key Segments in the Air Brake Systems Markey
By Product Type:
- Disc Brake
- Drum Brake
By Vehicle Type:
- Passenger Cars
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By End Use Industry:
- Aerospace
- Automotive
- Industrial & Manufacturing
- Healthcare
- Consumer Electronics
- Others
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa (MEA)
- Europe
By Component:
- Compressor
- Governor
- Tank
- Air Dryer
- Foot Valve
- Brake Chamber
- Slack Adjuster
- Others
By Technology:
- Anti-lock Braking System (ABS)
- Traction Control System (TCS)
- Electronic Stability Program or Electronic Stability Control (ESC)
- Electronic Brake Force Distribution (EBD)
By Application:
- On-Road
- Off-road Vehicle)
- Rolling Stock and Locomotive Electro-Pneumatic(EP)
- Electronically Controlled Pneumatic (ECP)
Frequently Asked Questions
What is the Growth Outlook for the Air Brake System Market?
The growth outlook for the air brake system market is predicted to advance at a CAGR of 3.6% from 2023 to 2033.
Which Region Leads the Air Brake System Market?
The North American region is anticipated to lead the air brake system market during the forecast period.
What is the market valuation of the Air Brake System in 2023?
The market valuation of the air brake system market stands at US$ 2,108.8 Million in 2023.
How much Growth Potential does the Air Brake System hold?
The air brake system market is likely to hold a valuation of US$ 3,003.5 Million by 2033.
Which sector is the key driver in the Air Brake System Market?
The automotive industry sector is the key driver in the air brake system market.
Table of Content
1. Executive Summary | Air Brake Systems Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyers 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Technology 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Technology, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Technology, 2023 to 2033 5.3.1. Traction Control System 5.3.2. Electronic Stability Control 5.3.3. Electronic Brake-force Distribution 5.3.4. Anti-Lock Braking System 5.4. Y-o-Y Growth Trend Analysis By Technology, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Technology, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033 6.3.1. Passenger 6.3.2. Commercial 6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Vehicle Type, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Vehicle Type, 2023 to 2033 7.3.1. Heavy-Duty 7.3.2. Rigid Body 7.3.3. Semi-Trailer 7.3.4. Bus 7.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Vehicle Type, 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022 8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. Middle East and Africa (MEA) 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. United States of America 9.2.1.2. Canada 9.2.2. By Technology 9.2.3. By Application 9.2.4. By Vehicle Type 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Technology 9.3.3. By Application 9.3.4. By Vehicle Type 9.4. Key Takeaways 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Technology 10.2.3. By Application 10.2.4. By Vehicle Type 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Technology 10.3.3. By Application 10.3.4. By Vehicle Type 10.4. Key Takeaways 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. United Kingdom 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Technology 11.2.3. By Application 11.2.4. By Vehicle Type 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Technology 11.3.3. By Application 11.3.4. By Vehicle Type 11.4. Key Takeaways 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Singapore 12.2.1.5. Thailand 12.2.1.6. Indonesia 12.2.1.7. Australia 12.2.1.8. New Zealand 12.2.1.9. Rest of Asia Pacific 12.2.2. By Technology 12.2.3. By Application 12.2.4. By Vehicle Type 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Technology 12.3.3. By Application 12.3.4. By Vehicle Type 12.4. Key Takeaways 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By Technology 13.2.3. By Application 13.2.4. By Vehicle Type 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Technology 13.3.3. By Application 13.3.4. By Vehicle Type 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. United States of America 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2022 14.1.2.1. By Technology 14.1.2.2. By Application 14.1.2.3. By Vehicle Type 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2022 14.2.2.1. By Technology 14.2.2.2. By Application 14.2.2.3. By Vehicle Type 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2022 14.3.2.1. By Technology 14.3.2.2. By Application 14.3.2.3. By Vehicle Type 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2022 14.4.2.1. By Technology 14.4.2.2. By Application 14.4.2.3. By Vehicle Type 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2022 14.5.2.1. By Technology 14.5.2.2. By Application 14.5.2.3. By Vehicle Type 14.6.United Kingdom 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2022 14.6.2.1. By Technology 14.6.2.2. By Application 14.6.2.3. By Vehicle Type 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2022 14.7.2.1. By Technology 14.7.2.2. By Application 14.7.2.3. By Vehicle Type 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2022 14.8.2.1. By Technology 14.8.2.2. By Application 14.8.2.3. By Vehicle Type 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2022 14.9.2.1. By Technology 14.9.2.2. By Application 14.9.2.3. By Vehicle Type 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2022 14.10.2.1. By Technology 14.10.2.2. By Application 14.10.2.3. By Vehicle Type 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2022 14.11.2.1. By Technology 14.11.2.2. By Application 14.11.2.3. By Vehicle Type 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2022 14.12.2.1. By Technology 14.12.2.2. By Application 14.12.2.3. By Vehicle Type 14.13. Singapore 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2022 14.13.2.1. By Technology 14.13.2.2. By Application 14.13.2.3. By Vehicle Type 14.14. Thailand 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2022 14.14.2.1. By Technology 14.14.2.2. By Application 14.14.2.3. By Vehicle Type 14.15. Indonesia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2022 14.15.2.1. By Technology 14.15.2.2. By Application 14.15.2.3. By Vehicle Type 14.16. Australia 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2022 14.16.2.1. By Technology 14.16.2.2. By Application 14.16.2.3. By Vehicle Type 14.17. New Zealand 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2022 14.17.2.1. By Technology 14.17.2.2. By Application 14.17.2.3. By Vehicle Type 14.18. GCC Countries 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2022 14.18.2.1. By Technology 14.18.2.2. By Application 14.18.2.3. By Vehicle Type 14.19. South Africa 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2022 14.19.2.1. By Technology 14.19.2.2. By Application 14.19.2.3. By Vehicle Type 14.20. Israel 14.20.1. Pricing Analysis 14.20.2. Market Share Analysis, 2022 14.20.2.1. By Technology 14.20.2.2. By Application 14.20.2.3. By Vehicle Type 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Technology 15.3.3. By Application 15.3.4. By Vehicle Type 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Knorr-Bremse 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. WABCO 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. Meritor 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. Haldex 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. ZF 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Wabtec Corporation 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. Nabtesco 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. Federal-Mogul Corporation 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. Sorl Auto Parts 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. TSE Brakes 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
List of Tables
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033 Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033 Table 3: Global Market Value (US$ Million) Forecast by Technology, 2018 to 2033 Table 4: Global Market Volume (Units) Forecast by Technology, 2018 to 2033 Table 5: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033 Table 6: Global Market Volume (Units) Forecast by Application, 2018 to 2033 Table 7: Global Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033 Table 8: Global Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033 Table 9: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033 Table 10: North America Market Volume (Units) Forecast by Country, 2018 to 2033 Table 11: North America Market Value (US$ Million) Forecast by Technology, 2018 to 2033 Table 12: North America Market Volume (Units) Forecast by Technology, 2018 to 2033 Table 13: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033 Table 14: North America Market Volume (Units) Forecast by Application, 2018 to 2033 Table 15: North America Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033 Table 16: North America Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033 Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033 Table 18: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033 Table 19: Latin America Market Value (US$ Million) Forecast by Technology, 2018 to 2033 Table 20: Latin America Market Volume (Units) Forecast by Technology, 2018 to 2033 Table 21: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033 Table 22: Latin America Market Volume (Units) Forecast by Application, 2018 to 2033 Table 23: Latin America Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033 Table 24: Latin America Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033 Table 25: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033 Table 26: Europe Market Volume (Units) Forecast by Country, 2018 to 2033 Table 27: Europe Market Value (US$ Million) Forecast by Technology, 2018 to 2033 Table 28: Europe Market Volume (Units) Forecast by Technology, 2018 to 2033 Table 29: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033 Table 30: Europe Market Volume (Units) Forecast by Application, 2018 to 2033 Table 31: Europe Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033 Table 32: Europe Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033 Table 33: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033 Table 34: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033 Table 35: Asia Pacific Market Value (US$ Million) Forecast by Technology, 2018 to 2033 Table 36: Asia Pacific Market Volume (Units) Forecast by Technology, 2018 to 2033 Table 37: Asia Pacific Market Value (US$ Million) Forecast by Application, 2018 to 2033 Table 38: Asia Pacific Market Volume (Units) Forecast by Application, 2018 to 2033 Table 39: Asia Pacific Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033 Table 40: Asia Pacific Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033 Table 41: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033 Table 42: MEA Market Volume (Units) Forecast by Country, 2018 to 2033 Table 43: MEA Market Value (US$ Million) Forecast by Technology, 2018 to 2033 Table 44: MEA Market Volume (Units) Forecast by Technology, 2018 to 2033 Table 45: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033 Table 46: MEA Market Volume (Units) Forecast by Application, 2018 to 2033 Table 47: MEA Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033 Table 48: MEA Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033
Find your sweet spots for generating winning opportunities in this market.
List of Charts
Figure 1: Global Market Value (US$ Million) by Technology, 2023 to 2033 Figure 2: Global Market Value (US$ Million) by Application, 2023 to 2033 Figure 3: Global Market Value (US$ Million) by Vehicle Type, 2023 to 2033 Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033 Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033 Figure 6: Global Market Volume (Units) Analysis by Region, 2018 to 2033 Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033 Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033 Figure 9: Global Market Value (US$ Million) Analysis by Technology, 2018 to 2033 Figure 10: Global Market Volume (Units) Analysis by Technology, 2018 to 2033 Figure 11: Global Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033 Figure 12: Global Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033 Figure 13: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033 Figure 14: Global Market Volume (Units) Analysis by Application, 2018 to 2033 Figure 15: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 16: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 17: Global Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033 Figure 18: Global Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033 Figure 19: Global Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033 Figure 20: Global Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033 Figure 21: Global Market Attractiveness by Technology, 2023 to 2033 Figure 22: Global Market Attractiveness by Application, 2023 to 2033 Figure 23: Global Market Attractiveness by Vehicle Type, 2023 to 2033 Figure 24: Global Market Attractiveness by Region, 2023 to 2033 Figure 25: North America Market Value (US$ Million) by Technology, 2023 to 2033 Figure 26: North America Market Value (US$ Million) by Application, 2023 to 2033 Figure 27: North America Market Value (US$ Million) by Vehicle Type, 2023 to 2033 Figure 28: North America Market Value (US$ Million) by Country, 2023 to 2033 Figure 29: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033 Figure 30: North America Market Volume (Units) Analysis by Country, 2018 to 2033 Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 33: North America Market Value (US$ Million) Analysis by Technology, 2018 to 2033 Figure 34: North America Market Volume (Units) Analysis by Technology, 2018 to 2033 Figure 35: North America Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033 Figure 36: North America Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033 Figure 37: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033 Figure 38: North America Market Volume (Units) Analysis by Application, 2018 to 2033 Figure 39: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 40: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 41: North America Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033 Figure 42: North America Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033 Figure 43: North America Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033 Figure 44: North America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033 Figure 45: North America Market Attractiveness by Technology, 2023 to 2033 Figure 46: North America Market Attractiveness by Application, 2023 to 2033 Figure 47: North America Market Attractiveness by Vehicle Type, 2023 to 2033 Figure 48: North America Market Attractiveness by Country, 2023 to 2033 Figure 49: Latin America Market Value (US$ Million) by Technology, 2023 to 2033 Figure 50: Latin America Market Value (US$ Million) by Application, 2023 to 2033 Figure 51: Latin America Market Value (US$ Million) by Vehicle Type, 2023 to 2033 Figure 52: Latin America Market Value (US$ Million) by Country, 2023 to 2033 Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033 Figure 54: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033 Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 57: Latin America Market Value (US$ Million) Analysis by Technology, 2018 to 2033 Figure 58: Latin America Market Volume (Units) Analysis by Technology, 2018 to 2033 Figure 59: Latin America Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033 Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033 Figure 61: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033 Figure 62: Latin America Market Volume (Units) Analysis by Application, 2018 to 2033 Figure 63: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 65: Latin America Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033 Figure 66: Latin America Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033 Figure 67: Latin America Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033 Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033 Figure 69: Latin America Market Attractiveness by Technology, 2023 to 2033 Figure 70: Latin America Market Attractiveness by Application, 2023 to 2033 Figure 71: Latin America Market Attractiveness by Vehicle Type, 2023 to 2033 Figure 72: Latin America Market Attractiveness by Country, 2023 to 2033 Figure 73: Europe Market Value (US$ Million) by Technology, 2023 to 2033 Figure 74: Europe Market Value (US$ Million) by Application, 2023 to 2033 Figure 75: Europe Market Value (US$ Million) by Vehicle Type, 2023 to 2033 Figure 76: Europe Market Value (US$ Million) by Country, 2023 to 2033 Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033 Figure 78: Europe Market Volume (Units) Analysis by Country, 2018 to 2033 Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 81: Europe Market Value (US$ Million) Analysis by Technology, 2018 to 2033 Figure 82: Europe Market Volume (Units) Analysis by Technology, 2018 to 2033 Figure 83: Europe Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033 Figure 84: Europe Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033 Figure 85: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033 Figure 86: Europe Market Volume (Units) Analysis by Application, 2018 to 2033 Figure 87: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 88: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 89: Europe Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033 Figure 90: Europe Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033 Figure 91: Europe Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033 Figure 92: Europe Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033 Figure 93: Europe Market Attractiveness by Technology, 2023 to 2033 Figure 94: Europe Market Attractiveness by Application, 2023 to 2033 Figure 95: Europe Market Attractiveness by Vehicle Type, 2023 to 2033 Figure 96: Europe Market Attractiveness by Country, 2023 to 2033 Figure 97: Asia Pacific Market Value (US$ Million) by Technology, 2023 to 2033 Figure 98: Asia Pacific Market Value (US$ Million) by Application, 2023 to 2033 Figure 99: Asia Pacific Market Value (US$ Million) by Vehicle Type, 2023 to 2033 Figure 100: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033 Figure 101: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033 Figure 102: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033 Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 105: Asia Pacific Market Value (US$ Million) Analysis by Technology, 2018 to 2033 Figure 106: Asia Pacific Market Volume (Units) Analysis by Technology, 2018 to 2033 Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033 Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033 Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033 Figure 110: Asia Pacific Market Volume (Units) Analysis by Application, 2018 to 2033 Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 113: Asia Pacific Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033 Figure 114: Asia Pacific Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033 Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033 Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033 Figure 117: Asia Pacific Market Attractiveness by Technology, 2023 to 2033 Figure 118: Asia Pacific Market Attractiveness by Application, 2023 to 2033 Figure 119: Asia Pacific Market Attractiveness by Vehicle Type, 2023 to 2033 Figure 120: Asia Pacific Market Attractiveness by Country, 2023 to 2033 Figure 121: MEA Market Value (US$ Million) by Technology, 2023 to 2033 Figure 122: MEA Market Value (US$ Million) by Application, 2023 to 2033 Figure 123: MEA Market Value (US$ Million) by Vehicle Type, 2023 to 2033 Figure 124: MEA Market Value (US$ Million) by Country, 2023 to 2033 Figure 125: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033 Figure 126: MEA Market Volume (Units) Analysis by Country, 2018 to 2033 Figure 127: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033 Figure 128: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033 Figure 129: MEA Market Value (US$ Million) Analysis by Technology, 2018 to 2033 Figure 130: MEA Market Volume (Units) Analysis by Technology, 2018 to 2033 Figure 131: MEA Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033 Figure 132: MEA Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033 Figure 133: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033 Figure 134: MEA Market Volume (Units) Analysis by Application, 2018 to 2033 Figure 135: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033 Figure 136: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033 Figure 137: MEA Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033 Figure 138: MEA Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033 Figure 139: MEA Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033 Figure 140: MEA Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033 Figure 141: MEA Market Attractiveness by Technology, 2023 to 2033 Figure 142: MEA Market Attractiveness by Application, 2023 to 2033 Figure 143: MEA Market Attractiveness by Vehicle Type, 2023 to 2033 Figure 144: MEA Market Attractiveness by Country, 2023 to 2033
Recommendations
Explore Automotive Insights
View Reports
