Global Automotive Braking System Market 2017-2021
- Published: Oct 2017
- Pages: 70
- SKU: IRTNTR14061
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This industry research report identifies Bosch, Continental, ZF Friedrichshafen, WABCO, and Brembo as the key vendors in the global automotive braking system market. This industry research report also presents a comprehensive analysis of the market by braking type (disc brakes and drum brakes), vehicles types (passengers cars and commercial vehicles), and by geography (the Americas, APAC, and EMEA).
Overview of the global automotive braking system market
Research analysis on the global automotive braking system market identifies increasing demand for safety measures to reduce accidental injuries in the global automotive braking system market will be one of the major factors that will have a positive impact on the growth of the market. The rising number of road accidents in low level income countries has raised a demand for highly efficient vehicle safety systems. The automotive manufacturers are facing a high demand from government agencies for safer braking systems for the vehicles which has led to innovations and increased demand in the market. Technavio’s market research analysts predict that in terms of units, this market will grow at a CAGR of almost 3% by 2021.
According to our automotive brake system industry report, APAC accounted for the highest share of the market during 2016. The rising sales in the automobile from developing countries such as like India and China. The Chinese market comprise of luxury cars such as Audi, Mercedes-Benz, and BMW, among others which will propel the demand for automotive braking system market.
Competitive landscape and key vendors
Owing to the presence of several global and local players, the automotive brake system market appears to be highly competitive. The rising transportation sector in terms of powertrain and electrification of components, will provide an opportunity to the vendors.
The leading vendors in the market are -
- ZF Friedrichshafen
The other prominent vendors in the market are DENSO, Bendix, Jiaozuo Brake, Nissin Brake, and Federal-Mogul Motorparts.
Segmentation by braking type and analysis of the automotive braking system market
- Disc brakes
- Drum brakes
During 2016, the disc brakes segment accounted for the major shares of this market. The evolution towards safer braking systems is happening due to the high safety regulation implemented by the governments, especially in terms of stopping distance. The improving technological developments, such as brake boosters and electro-mechanical hybrid systems will boost the market growth.
Segmentation by vehicles types and analysis of the automotive braking system market
- Passengers cars
- Commercial vehicles
The passenger cars accounts for the highest revenue share, during 2016. The increase in the disposable income among the population globally, which led to the improvements in people's living standards. With growing passenger car sales, passenger safety has become an important concern.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global automotive braking system market?
- What are the key market trends impacting the growth of the global automotive braking system market?
- What are the challenges to market growth?
- Who are the key vendors in the global automotive braking system market?
- What are the market opportunities and threats faced by the vendors in the global automotive braking system market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global automotive braking system market?
Technavio also offers customization on reports based on specific client requirement.
An automotive brake comprises of a group of electronic, mechanical, and hydraulic system that uses friction to stop the vehicle. This industry research report on the global automotive braking system market by is an integral part of the automotive portfolio and offers insights into the major trends and evolving drivers inducing the growth of the automotive components industry. Our reports also follow a thorough procedure of data collection methodology and present an analysis of fast growing market subdivisions.
Our market research analysis includes qualitative and quantitative research techniques like vendor analysis, drivers, challenges, and trend analysis. Additionally, an analysis of the market share and market size using statistical models is also carried out to help clients develop active growth strategies and keep pace with the frequently changing market landscape. This upcoming market research report on the global automotive braking system market also covers vendors like Knorr-Brems, Wabco Holdings, Inc, Aisin Seiki Co., Ltd, Robert Bosch GmbH, Continental, ZF Friedrichshafen AG, Shanghai Automotive brake systems, and TRW Automotive Holdings Corp.
According to our market research experts, the boost in production of vehicles across the globe and implementation of government regulations on reducing the stopping distance may influence the demand for automotive braking systems in the coming years. To offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global automotive braking system market also covers geographies like APAC, EMEA, and the Americas.
The upcoming industry report on the global automotive braking system market also offers insights into fast-growing segments within the automotive industry, including sectors like powertrain and automotive manufacturing. Furthermore, this report also presents insights into the varying competitive landscape and gives clients a realistic picture of the future direction of the industry.
Our market research methodology for the automotive braking system market
Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Definition and functions
- Types of braking systems
- Types of brake actuation systems
- Product life cycle of brake actuation systems
- Government regulations on braking systems
- Value Chain Analysis
- Key highlights of the global automotive braking system market
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by braking types
- The global automotive braking system market based on type of braking system
PART 07: Market segmentation by vehicle types
- The global automotive braking system market based on types of vehicles
PART 08: Geographical segmentation
- Geographic segmentation of the automotive braking system market
PART 09: Decision framework
PART 10: Drivers and challenges
- Market Drivers
- Market challenges
PART 11: Market trends
PART 12: Vendor landscape
- Competitive benchmarking
- Other prominent vendors
PART 13: Key vendor analysis
- ZF Friedrichshafen
PART 14: Appendix
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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