Heavy-duty Vehicle Braking System Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, India, Germany, UK - Size and Forecast 2024-2028

Published: Oct 2023

Pages: 173

SKU: IRTNTR72685

Snapshot

Heavy-duty Vehicle Braking System Market Report 2024-2028

The heavy-duty vehicle braking system market size is estimated to grow at a CAGR of 4.64% between 2023 and 2028. The market size is forecast to increase by USD 2,108.11 million. The growth of the market depends on several factors such as increasing demand for heavy-duty vehicles in India and Eastern Europe, accelerating demand for high-quality braking systems due to brake awareness programs, and a growing need for mandatory safety solutions for heavy-duty vehicles.

This heavy-duty vehicle braking system market report extensively covers market segmentation by application (trucks, buses, and others), type (class 8 and class 7), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018-2022.

What will be the size of the Heavy-duty Vehicle Braking System Market During the Forecast Period?

To learn more about this report, View Report Sample

Heavy-duty Vehicle Braking System Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Heavy-duty Vehicle Braking System Market Driver

Increasing demand for heavy-duty vehicles in India and Eastern Europe is notably driving the market growth. The braking system is a basic component in every vehicle; the designs and types of braking systems vary based on vehicle type. The increase in demand for heavy-duty vehicles is expected to have a positive impact on the growth of the global heavy-duty vehicle braking system market during the forecast period. Over the years, China, Japan, North American countries, and Western European countries have emerged as the major markets for heavy-duty vehicles. During the forecast period, the exponential growth in demand for heavy-duty vehicles in India and Eastern European countries is expected to drive the growth of the heavy-duty trucks market and the global heavy-duty vehicle braking system market as well.

However, factors such as the increase in manufacturing activities and improvement in road infrastructure are expected to drive the demand for heavy-duty vehicles in India and Eastern European countries. In addition, India is witnessing faster economic growth, which positively correlates with the growth in demand for transportation and logistics. Thus, all these factors are expected to accelerate the demand for heavy-duty vehicle braking systems during the forecast period.

Key Heavy-duty Vehicle Braking System Market Trends

Technological advances in braking systems as groundwork for developing autonomous heavy-duty vehicles is an emerging trend shaping the market growth. The introduction of automated convoys using truck platooning systems is another step forward in autonomous trucking, wherein a group of self-driving trucks follows the course of the lead truck. In addition, the increasing safety regulations will drive the adoption of autonomous trucks in the future. For instance, six manufacturers of trucks from five countries participated in the European Truck platooning challenge. Trucks from DAF, Daimler, IVECO, Scania, MAN, and Volvo demonstrated the autonomous driving concept with their truck platooning technology.

However, autonomous trucks by vendors like Daimler and MAN from Germany, IVECO and DAF from Belgium, and Scania from Sweden have traveled across Sweden, Denmark, Belgium, and Germany and finally stopped at the Netherlands. All these trucks equipped with truck platooning systems are integrated with an advanced emergency braking system. The integration of these advanced braking technologies with the autonomous heavy-duty vehicle's braking system is expected to have a positive impact on the global heavy-duty vehicle braking system market in the near future.

Major Heavy-duty Vehicle Braking System Market Challenge

Additional costs associated with product recalls due to potential brake failure are a significant challenge hindering the market growth. The failure of the braking systems in a vehicle often results in a product recall by manufacturers. The process of recalling, repairing, or replacing defective parts is an added cost for vehicle manufacturers. Earlier, the complete cost due to the recall was borne by the vehicle manufacturer. The collaborative partnerships between vendors and suppliers across the value chain have resulted in them sharing the failure costs associated with product recalls. In recent years, there have been several recalls of heavy-duty vehicles, which are attributable to the issues associated with the failure of the braking systems.

For instance, one instance of a vehicle recall due to a brake issue is that from Mack Trucks, which recalled about 7,600 trucks across various models such as Mack Metroliner, Trident, Titan, Granite, and Superliner trucks. Therefore, such recalls of heavy-duty vehicles due to braking system issues will prove to be a significant challenge for the global heavy-duty vehicle braking system market during the forecast period.

Heavy-duty Vehicle Braking System Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Heavy-duty Vehicle Braking System Market Customer Landscape

Who are the Major Heavy-duty Vehicle Braking System Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

A.W.D. Dwight and Son Engineers Ltd.- The company offers heavy-duty vehicle braking system products such as avoiding brake systems, footbrake valves, handbrake valves and many more.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What are the Largest-Growing Segments in the Heavy-duty Vehicle Braking System Market?

The trucks segment is estimated to witness significant growth during the forecast period. The rising number of automotive accidents involving heavy-duty trucks is pushing manufacturers to upgrade the braking systems used in heavy-duty trucks. Vehicle manufacturers are under tremendous pressure from regulatory authorities such as the National Highway Traffic Safety Administration (NHTSA) to increase the efficiency of the safety systems used in the vehicle.

Get a glance at the market contribution of various segments View the PDF Sample

The truck segment was the largest segment and was valued at USD 4,094.42 million in 2018. The increasing number of road infrastructure development projects will also drive the demand for roadway logistics in many APAC countries like China, India, and others. Also, the expansion of manufacturing capabilities is contributing to the production of heavy-duty trucks, which is a growth driver for the braking systems in this segment. In addition, the increase in E-commerce is driving the demand for road transportation within the countries. Thus, these factors are expected to drive the growth of the trucks segment of the global heavy-duty vehicle braking system market during the forecast period.

Which are the Key Regions for the Heavy-duty Vehicle Braking System Market?

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC comprises some of the fastest-growing heavy-duty vehicle industries in the world, such as China, India, and countries belonging to the Association of Southeast Asian Nations (ASEAN). The rising demand for heavy-duty vehicles in the construction and transportation industry in China and India rapidly increased the demand for heavy-duty vehicle braking systems in this region. The availability of high-skilled, low-cost labor has attracted many heavy-duty vehicle manufacturers to establish their manufacturing units in APAC countries, which will further increase the sales volume of the heavy-duty vehicle braking system market.

Furthermore, several initiatives to expand and upgrade the transportation infrastructure by national governments in the region will also have a positive impact on the heavy-duty vehicle braking system market and increase its share in the global market during the forecast period.

The COVID-19 pandemic led to a temporary shutdown of heavy-duty vehicle manufacturing units in several APAC countries, which led to a decline in the production of heavy-duty vehicles and related components such as braking systems in 2020. However, in 2021, governments of various countries in the region initiated mass COVID-19 vaccination drives, which resulted in a decline in the number of COVID-19 cases. The high demand for heavy-duty vehicle braking systems will intensify the competition among OEMs such as Akebono Brake Industry Co and ZF and will compel them to offer more differentiated products, such as advanced heavy-duty vehicle braking systems, which, in turn, will drive the growth of the regional market during the forecast period.

Segment Overview

The heavy-duty vehicle braking system market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.

Application Outlook (USD Million, 2018-2028)
- Trucks
- Buses
- Others

Type Outlook (USD Million,2018-2028)
- Class 8
- Class 7

Region Outlook (USD Million, 2018-2028)
- North America
  - The U.S.
  - Canada
- South America
  - Chile
  - Brazil
  - Argentina
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Heavy-duty Vehicle Braking System Market Scope
Report Coverage	Details
Page number	173
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 4.64%
Market Growth 2024-2028	USD 2,108.11 million
Market structure	Fragmented
YoY growth 2023-2024(%)	4.42
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	North America at 34%
Key countries	US, China, India, Germany, and UK
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	A.W.D. Dwight and Son Engineers Ltd., Akebono Brake Industry Co. Ltd., Baer Inc., BorgWarner Inc., Brembo Spa, Carlisle Companies Inc., Cojali S.L. A, Continental Automotive GmbH, Cummins Inc., Haldex AB, Hitachi Ltd., Hyundai Mobis Co. Ltd., Knorr Bremse AG, Nabtesco Corp., Nisshinbo Holdings Inc., Porsche Automobil Holding SE, Robert Bosch GmbH, TE Connectivity Ltd., Tenneco Inc., and ZF Friedrichshafen AG
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Heavy-duty Vehicle Braking System Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the market between 2024 and 2028
Precise estimation of the market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behaviour
Growth of the market industry across APAC, North America, Europe, South America, and the Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements.

Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global heavy-duty vehicle braking system market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global heavy-duty vehicle braking system market 2018 - 2022 ($ million)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)

4.3 Type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ million)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 Trucks - Market size and forecast 2023-2028
- Exhibit 34: Chart on Trucks - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Trucks - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Trucks - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Trucks - Year-over-year growth 2023-2028 (%)

6.4 Buses - Market size and forecast 2023-2028
- Exhibit 38: Chart on Buses - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Buses - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Buses - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Buses - Year-over-year growth 2023-2028 (%)

6.5 Others - Market size and forecast 2023-2028
- Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by Application
- Exhibit 46: Market opportunity by Application ($ million)
- Exhibit 47: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 48: Chart on Type - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Type - Market share 2023-2028 (%)

7.2 Comparison by Type
- Exhibit 50: Chart on Comparison by Type
- Exhibit 51: Data Table on Comparison by Type

7.3 Class 8 - Market size and forecast 2023-2028
- Exhibit 52: Chart on Class 8 - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Class 8 - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Class 8 - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Class 8 - Year-over-year growth 2023-2028 (%)

7.4 Class 7 - Market size and forecast 2023-2028
- Exhibit 56: Chart on Class 7 - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Class 7 - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Class 7 - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Class 7 - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Type
- Exhibit 60: Market opportunity by Type ($ million)
- Exhibit 61: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2023-2028 (%)
- Exhibit 64: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028
- Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 North America - Market size and forecast 2023-2028
- Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.5 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 Germany - Market size and forecast 2023-2028
- Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.11 India - Market size and forecast 2023-2028
- Exhibit 99: Chart on India - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on India - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on India - Year-over-year growth 2023-2028 (%)

9.12 UK - Market size and forecast 2023-2028
- Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ million)
- Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 A.W.D. Dwight and Son Engineers Ltd.
- Exhibit 115: A.W.D. Dwight and Son Engineers Ltd. - Overview
- Exhibit 116: A.W.D. Dwight and Son Engineers Ltd. - Product / Service
- Exhibit 117: A.W.D. Dwight and Son Engineers Ltd. - Key offerings

12.4 Akebono Brake Industry Co. Ltd.
- Exhibit 118: Akebono Brake Industry Co. Ltd. - Overview
- Exhibit 119: Akebono Brake Industry Co. Ltd. - Business segments
- Exhibit 120: Akebono Brake Industry Co. Ltd. - Key offerings
- Exhibit 121: Akebono Brake Industry Co. Ltd. - Segment focus

12.5 Brembo Spa
- Exhibit 122: Brembo Spa - Overview
- Exhibit 123: Brembo Spa - Business segments
- Exhibit 124: Brembo Spa - Key offerings
- Exhibit 125: Brembo Spa - Segment focus

12.6 Carlisle Companies Inc.
- Exhibit 126: Carlisle Companies Inc. - Overview
- Exhibit 127: Carlisle Companies Inc. - Business segments
- Exhibit 128: Carlisle Companies Inc. - Key offerings
- Exhibit 129: Carlisle Companies Inc. - Segment focus

12.7 Cojali S.L. A
- Exhibit 130: Cojali S.L. A - Overview
- Exhibit 131: Cojali S.L. A - Product / Service
- Exhibit 132: Cojali S.L. A - Key offerings

12.8 Continental Automotive GmbH
- Exhibit 133: Continental Automotive GmbH - Overview
- Exhibit 134: Continental Automotive GmbH - Business segments
- Exhibit 135: Continental Automotive GmbH - Key news
- Exhibit 136: Continental Automotive GmbH - Key offerings
- Exhibit 137: Continental Automotive GmbH - Segment focus

12.9 Cummins Inc.
- Exhibit 138: Cummins Inc. - Overview
- Exhibit 139: Cummins Inc. - Business segments
- Exhibit 140: Cummins Inc. - Key offerings
- Exhibit 141: Cummins Inc. - Segment focus

12.10 Haldex AB
- Exhibit 142: Haldex AB - Overview
- Exhibit 143: Haldex AB - Product / Service
- Exhibit 144: Haldex AB - Key offerings

12.11 Hyundai Mobis Co. Ltd.
- Exhibit 145: Hyundai Mobis Co. Ltd. - Overview
- Exhibit 146: Hyundai Mobis Co. Ltd. - Business segments
- Exhibit 147: Hyundai Mobis Co. Ltd. - Key news
- Exhibit 148: Hyundai Mobis Co. Ltd. - Key offerings
- Exhibit 149: Hyundai Mobis Co. Ltd. - Segment focus

12.12 Knorr Bremse AG
- Exhibit 150: Knorr Bremse AG - Overview
- Exhibit 151: Knorr Bremse AG - Business segments
- Exhibit 152: Knorr Bremse AG - Key offerings
- Exhibit 153: Knorr Bremse AG - Segment focus

12.13 Nabtesco Corp.
- Exhibit 154: Nabtesco Corp. - Overview
- Exhibit 155: Nabtesco Corp. - Business segments
- Exhibit 156: Nabtesco Corp. - Key offerings
- Exhibit 157: Nabtesco Corp. - Segment focus

12.14 Porsche Automobil Holding SE
- Exhibit 158: Porsche Automobil Holding SE - Overview
- Exhibit 159: Porsche Automobil Holding SE - Business segments
- Exhibit 160: Porsche Automobil Holding SE - Key offerings
- Exhibit 161: Porsche Automobil Holding SE - Segment focus

12.15 Robert Bosch GmbH
- Exhibit 162: Robert Bosch GmbH - Overview
- Exhibit 163: Robert Bosch GmbH - Business segments
- Exhibit 164: Robert Bosch GmbH - Key news
- Exhibit 165: Robert Bosch GmbH - Key offerings
- Exhibit 166: Robert Bosch GmbH - Segment focus

12.16 Tenneco Inc.
- Exhibit 167: Tenneco Inc. - Overview
- Exhibit 168: Tenneco Inc. - Business segments
- Exhibit 169: Tenneco Inc. - Key news
- Exhibit 170: Tenneco Inc. - Key offerings
- Exhibit 171: Tenneco Inc. - Segment focus

12.17 ZF Friedrichshafen AG
- Exhibit 172: ZF Friedrichshafen AG - Overview
- Exhibit 173: ZF Friedrichshafen AG - Business segments
- Exhibit 174: ZF Friedrichshafen AG - Key news
- Exhibit 175: ZF Friedrichshafen AG - Key offerings
- Exhibit 176: ZF Friedrichshafen AG - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 177: Inclusions checklist
- Exhibit 178: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 179: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 180: Research methodology
- Exhibit 181: Validation techniques employed for market sizing
- Exhibit 182: Information sources

13.5 List of abbreviations
- Exhibit 183: List of abbreviations

Methodology

Research Framework

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.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

Purchase Report

PURCHASE FULL REPORT OF

heavy-duty vehicle braking system market market

Buy Report - Single User License 2500 USD

QUICK BUY

Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

Why should you prefer Technavio's market insights report?

Off-the-shelf research reports
Reports can be tailored to meet the customer's needs
Trusted by more than 100 fortune 500 organizations
Information about the market's key drivers, trends, and challenges
Parent market analysis
Every week, 50,000 people visit our subscription platform
Detailed vendors report with competitive landscape
Covid-19 impact and recovery analysis
Data on revenue-generating market segments
Details on the market shares of various regions
Five-force market analysis