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Global Brake System Market by Product (Disc Brakes, Drum Brakes, Hydraulic Wet Brakes), Technology (Antilock Braking Systems, Electronic Brakeforce Distribution, Electronic Stability Control), Actuation, Vehicle, Distribution Channel - Forecast 2024-2030

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    Report

  • 190 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5666060
UP TO OFF until Dec 31st 2024
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The Brake System Market size was estimated at USD 26.38 billion in 2023, USD 28.29 billion in 2024, and is expected to grow at a CAGR of 7.75% to reach USD 44.49 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Brake System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Brake System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Brake System Market, highlighting leading vendors and their innovative profiles. These include ADVICS Co., Ltd., AKEBONO BRAKE INDUSTRY CO., LTD., Audi AG, Batz Group, Bayerische Motoren Werke AG, Bendix Commercial Vehicle Systems, LLC, BWI Group, Cardolite Corporation, Carlisle Brake & Friction, Continental AG, Endurance Technologies Limited., Haldex AB, HELLA GmbH & Co. KGaA by Faurecia, Hyundai Motor Company, Kor-Pak Corporation, KSR International Inc. by Douglas, Mando Corporation, Miba AG, ProTech Friction Group, Robert Bosch GmbH, TE Connectivity Ltd., TMD Friction Holdings GmbH, Trimat Limited, and Twiflex.

Market Segmentation & Coverage

This research report categorizes the Brake System Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product
    • Disc Brakes
    • Drum Brakes
    • Hydraulic Wet Brakes
    • Hydrostatic Brakes
    • Regenerative & Dynamic Braking
  • Technology
    • Antilock Braking Systems
    • Electronic Brakeforce Distribution
    • Electronic Stability Control
    • Traction Stability Control
  • Actuation
    • Hydraulic
    • Pneumatic
  • Vehicle
    • HCV
    • LCV
    • Off-Highway
    • Passenger Car
  • Distribution Channel
    • Aftermarket
    • Original Equipment Manufacturers
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Brake System Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Brake System Market?
  3. What are the technology trends and regulatory frameworks in the Brake System Market?
  4. What is the market share of the leading vendors in the Brake System Market?
  5. Which modes and strategic moves are suitable for entering the Brake System Market?

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With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Brake System Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increased use of regenerative braking in EV ecosystems
5.1.1.2. Inclusion of ABS and EBD brake systems in vehicles to enhance safety and protection
5.1.1.3. Integration of ACC in electronic braking systems to enhance vehicle handling
5.1.2. Restraints
5.1.2.1. High development and maintenance costs of advanced braking technologies
5.1.3. Opportunities
5.1.3.1. Emerging adoption of electronic and regenerative and brake-by-wire systems
5.1.3.2. Increasing government regulations for advanced emergency braking systems mandatory
5.1.4. Challenges
5.1.4.1. Concerns regarding malfunctioning of electronic braking systems
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Brake System Market, by Product
6.1. Introduction
6.2. Disc Brakes
6.3. Drum Brakes
6.4. Hydraulic Wet Brakes
6.5. Hydrostatic Brakes
6.6. Regenerative & Dynamic Braking
7. Brake System Market, by Technology
7.1. Introduction
7.2. Antilock Braking Systems
7.3. Electronic Brakeforce Distribution
7.4. Electronic Stability Control
7.5. Traction Stability Control
8. Brake System Market, by Actuation
8.1. Introduction
8.2. Hydraulic
8.3. Pneumatic
9. Brake System Market, by Vehicle
9.1. Introduction
9.2. HCV
9.3. LCV
9.4. Off-Highway
9.5. Passenger Car
10. Brake System Market, by Distribution Channel
10.1. Introduction
10.2. Aftermarket
10.3. Original Equipment Manufacturers
11. Americas Brake System Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Brake System Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Brake System Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. ADVICS Co., Ltd.
15.1.2. AKEBONO BRAKE INDUSTRY CO., LTD.
15.1.3. Audi AG
15.1.4. Batz Group
15.1.5. Bayerische Motoren Werke AG
15.1.6. Bendix Commercial Vehicle Systems, LLC
15.1.7. BWI Group
15.1.8. Cardolite Corporation
15.1.9. Carlisle Brake & Friction
15.1.10. Continental AG
15.1.11. Endurance Technologies Limited.
15.1.12. Haldex AB
15.1.13. HELLA GmbH & Co. KGaA by Faurecia
15.1.14. Hyundai Motor Company
15.1.15. Kor-Pak Corporation
15.1.16. KSR International Inc. by Douglas
15.1.17. Mando Corporation
15.1.18. Miba AG
15.1.19. ProTech Friction Group
15.1.20. Robert Bosch GmbH
15.1.21. TE Connectivity Ltd.
15.1.22. TMD Friction Holdings GmbH
15.1.23. Trimat Limited
15.1.24. Twiflex
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
List of Figures
FIGURE 1. BRAKE SYSTEM MARKET RESEARCH PROCESS
FIGURE 2. BRAKE SYSTEM MARKET SIZE, 2023 VS 2030
FIGURE 3. BRAKE SYSTEM MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. BRAKE SYSTEM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. BRAKE SYSTEM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. BRAKE SYSTEM MARKET DYNAMICS
FIGURE 7. BRAKE SYSTEM MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. BRAKE SYSTEM MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. BRAKE SYSTEM MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 10. BRAKE SYSTEM MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. BRAKE SYSTEM MARKET SIZE, BY ACTUATION, 2023 VS 2030 (%)
FIGURE 12. BRAKE SYSTEM MARKET SIZE, BY ACTUATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. BRAKE SYSTEM MARKET SIZE, BY VEHICLE, 2023 VS 2030 (%)
FIGURE 14. BRAKE SYSTEM MARKET SIZE, BY VEHICLE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. BRAKE SYSTEM MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
FIGURE 16. BRAKE SYSTEM MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS BRAKE SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. AMERICAS BRAKE SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES BRAKE SYSTEM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 20. UNITED STATES BRAKE SYSTEM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC BRAKE SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC BRAKE SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA BRAKE SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA BRAKE SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. BRAKE SYSTEM MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 26. BRAKE SYSTEM MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • ADVICS Co., Ltd.
  • AKEBONO BRAKE INDUSTRY CO., LTD.
  • Audi AG
  • Batz Group
  • Bayerische Motoren Werke AG
  • Bendix Commercial Vehicle Systems, LLC
  • BWI Group
  • Cardolite Corporation
  • Carlisle Brake & Friction
  • Continental AG
  • Endurance Technologies Limited.
  • Haldex AB
  • HELLA GmbH & Co. KGaA by Faurecia
  • Hyundai Motor Company
  • Kor-Pak Corporation
  • KSR International Inc. by Douglas
  • Mando Corporation
  • Miba AG
  • ProTech Friction Group
  • Robert Bosch GmbH
  • TE Connectivity Ltd.
  • TMD Friction Holdings GmbH
  • Trimat Limited
  • Twiflex

Methodology

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Table Information