Global Automotive Brake Systems Market Share Analysis, 2018-2028
| REPORT ID: BKR763 | Domain: Automotive | Published Date: July 2018 |
Global Automotive Brake Systems Market Size is estimated to be valued over USD 21 billion in 2018, and is forecast to register a CAGR of 6.9% between 2018 and 2028.
Braking systems is the most crucial aspect for measuring the vehicle performance. The industry has witnessed many technological advancements in braking systems to meet regulatory standards and enhance vehicle performance. Development of anti-lock breaking systems has certainly been a building block to overall industry. Since then, the automotive brake systems market has grown manifold.
The industry is substantially consolidated with leading players focusing on expansion of the production plant capacity to meet growing automotive demand worldwide. For instance, in 2017, Continental AG invested US$ 40 million to expand Morganton plant capacity based in U.S. Another company – Hitachi – is expecting 10% increase in revenue from suspension systems and brakes in 2018. Several such developments are expected to take place in few years owing to large scale.
The industry registered a marginal growth of 3.9% in 2017, however, demand will rise with changing market dynamics and higher sales of electric vehicles. This is expected to boost overall sales especially from rising demand for electric two wheelers in China, India and South East Asia. The industry needs to be agile enough to compete in hypercompetitive environment as electric vehicles are expected to cover a large portion of total automotive vehicles market in another 15 years. Early adopters of technology will certainly play a crucial role in overall development of the industry.
Global Automotive Brake Systems Market Analysis, By Product Type
On the basis of product type, the industry revenue is analyzed across disk and drum type. Disk brakes account for the majority of the global share owing to its characteristics. Disk brakes offers high stopping area with low heating power.
Global Automotive Brake Systems Market Analysis, By Technology
On the basis of technology, the industry revenue is analyzed across anti-lock braking systems, traction control systems, electronic stability control and electronic brake force distribution and regenerative braking systems. Anti-lock braking systems (ABS) dominates the global share and will continue to dominate with advancement in technology and integration into electric vehicles.
While ABS accounted for over 51% of global share in 2017, regenerative braking systems will gain over 1200 basis points in next ten years to create high revenue opportunity for industry players. Regenerative braking systems are widely gaining traction in hybrid and plug in electric vehicles.
Global Automotive Brake Systems Market Analysis, By Working Technique
Hydraulic braking system will account for 53% of global share in 2018. Good braking thrust and compact structure has led to higher installation of hydraulic braking systems. ABS are widely hydraulic based.
Global Automotive Brake Systems Market Size and Forecast: Regional Analysis
Globally, Asia Pacific dominated the global sales and will continue to lead the sales owing to high influx of electric scooters and motorcycles in the region. The region is expected to create new market for electric vehicles at a CAGR of 7.9% – which in turn will significantly boost overall automotive brake systems.
Global Automotive Brake Systems Market Size and Forecast: Competition Landscape
Key manufacturers profiled in the report are Aisin-Seiki Co. Ltd., Akebono Brake Industry Co. Ltd., Brembo S.P.A., Continental AG, Robert Bosch GmbH, ZF TRW, HallaMando Corp., RW Automotive Holdings Corp., CA Traffic Limited, Knorr Bremse AG, Advics Group, Haldex
Automotive Brake Systems Market Industry Segmentation
By Product Type:
- Disc Brake
- Drum Brake
By Working Mode:
- Hydraulic
- Pneumatic
By Vehicle Type:
- Electric Vehicles
- Two Wheeler
- Electric Scooters
- Electric Motorcycles
- E-Bikes
- Three Wheeler
- NEV
- E-Rickshaw
- Four Wheeler
- Electric Cars
- SUV
- Luxury
- Compact
- Electric Buses
- Electric Trucks
- Driverless Tractors
- Electric Cars
- Conventional Vehicles
- Scooters and Motorcycles
- Three Wheeler
- Four Wheeler
- Cars
- SUV
- Luxury
- Compact
- Buses
- Trucks
- Tractors
- Others
- Cars
- Two Wheeler
What Will You Discover in the Report?
- An in-depth analysis of the Automotive Brake Systems market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
- How the Automotive Brake Systems market sales is expected to grow throughout the forecast period.
- How geopolitical policies and technological changes will affect the sales in near future
- Where the stakeholders should invest to generate higher profit margins
- How consumers (end-users) will reflect to the Automotive Brake Systems industry during the forecast period
Automotive Brake Systems Market Size TOC
- Report Structure
- Research Methodology
- Market Engineering Factors Weightage
- Market Share Methodology
- Executive Summary
- Key Findings
- Market Engineering Factors
- Industry Expert Perspectives
- Market Definitions
- The Global Automotive Brake Systems Market Value
- Overall Market Forecast
- Automotive Brake Systems Growth Outlook, By Segments
- Automotive Brake Systems Growth Scenario, by Region
- The Automotive Brake Systems industry Ecosystem
- Parent Market Overview
- Industry Value Chain and Distribution Analysis
- Growth Factor Analysis
- Key Industry Players By Region
- The Automotive Brake Systems industry Dynamics
- Drivers
- Challenges
- Opportunities
- Mega Trends
- Geographical Trends
- Industry Experts Views
- Merger Acquisition
- Regulatory Compliances, By Selected Countries
- Key Industry Developments
- The Automotive Brake Systems Market Pricing Analysis
- Automotive Brake Systems Product Pricing Forecast
- Pricing Analysis By Region
- Pricing Trends
- Global Automotive Brake Systems industry Value and Forecast
- Introduction
- Industry Initiatives
- Industry Predictive Analysis
- Automotive Brake Systems industry Segment Comparative Ranking Analysis
- Key Companies Involved and Initiatives
- Global Industry Opportunity Proposition Analysis
- Market Share Analysis, (%)
- Global Automotive Brake Systems Market Size and Forecast, (2017-2027)
- Market Value Forecast (US$ Million)
- Growth Analysis (Y-o-Y) and Forecast
- Global Automotive Brake Systems industry Size and Forecast, By Segments
By Product Type:
- Disc Brake
- Drum Brake
By Working Mode:
- Hydraulic
- Pneumatic
By Vehicle Type:
- Electric Vehicles
- Two Wheeler
- Electric Scooters
- Electric Motorcycles
- E-Bikes
- Three Wheeler
- NEV
- E-Rickshaw
- Four Wheeler
- Electric Cars
- SUV
- Luxury
- Compact
- Electric Buses
- Electric Trucks
- Driverless Tractors
- Electric Cars
- Conventional Vehicles
- Scooters and Motorcycles
- Three Wheeler
- Four Wheeler
- Cars
- SUV
- Luxury
- Compact
- Buses
- Trucks
- Tractors
- Others
- Cars
- Two Wheeler
- North America Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis
- North America Automotive Brake Systems Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- North America Automotive Brake Systems Market, By Segments (As mentioned in section 10 of TOC)
- S. Automotive Brake Systems Market Size and Forecast, By Segments
- Canada Automotive Brake Systems Market Size and Forecast, By Segments
- Latin America Automotive Brake Systems industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Latin America (South America) Automotive Brake Systems Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Latin America Automotive Brake Systems Market, By Segments (As mentioned in section 10 of TOC)
- Brazil Automotive Brake Systems Market Size and Forecast, By Segments
- Argentina
- Mexico
- Rest of Latin America
(Automotive Brake Systems industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Western Europe Automotive Brake Systems industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Western Europe Automotive Brake Systems Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Western Europe Automotive Brake Systems Market, By Segments (As mentioned in section 10 of TOC)
- Germany Automotive Brake Systems Market Size and Forecast, By Segments
- UK
- France
- Spain
- Italy
- NORDIC
- Switzerland
- Rest of Western Europe
(Automotive Brake Systems industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Central and Eastern Europe (CEE) Automotive Brake Systems industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Central and Eastern Europe Automotive Brake Systems Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Central and Eastern Europe Automotive Brake Systems Market, By Segments (As mentioned in section 10 of Automotive Brake Systems Market TOC)
- Russia Automotive Brake Systems Market Size and Forecast, By Segments
- Poland
- Ukraine
- Rest of CEE
(Automotive Brake Systems industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Asia Pacific Automotive Brake Systems industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Asia Pacific Countries
- Asia Pacific Automotive Brake Systems Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Asia Pacific Automotive Brake Systems Market, By Segments (As mentioned in section 10 of TOC)
- Japan Automotive Brake Systems Market Size and Forecast, By Segments
- China
- India
- South Korea
- Australia
- ASEAN
- Rest of Asia Pacific
(Automotive Brake Systems industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Middle East Automotive Brake Systems Market Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Middle East Countries
- Middle East Automotive Brake Systems Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Middle East Automotive Brake Systems Market, By Segments (As mentioned in section 10 of TOC)
- GCC Automotive Brake Systems Market Size and Forecast, By Segments
- Israel
- Rest of Middle East
(Automotive Brake Systems industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Africa Automotive Brake Systems Market Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Africa Countries
- Market Share Analysis, (%)
- Africa Automotive Brake Systems industry Size and Forecast, (2017-2027)
- Africa Automotive Brake Systems industry Share (%)
- Africa Automotive Brake Systems industry Growth Forecast (%)
- South Africa Automotive Brake Systems Market Size and Forecast, By Segments
- Algeria
- Nigeria
(Automotive Brake Systems industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Automotive Brake Systems Market Competitive Landscape
- Competition Dashboard
- Funding and Investment
- Company Market Positioning
- Marketing Mix Strategies
- Product Level Strategies
- Go-to-Market Strategies
- SWOT Analysis
- Key Developments, By Companies
- Company Profiles*
- Aisin-Seiki Co. Ltd.,
- Akebono Brake Industry Co. Ltd.,
- Brembo S.P.A.,
- Continental AG,
- Robert Bosch GmbH,
- ZF TRW,
- HallaMando Corp.,
- RW Automotive Holdings Corp.,
- CA Traffic Limited,
- Knorr Bremse AG,
- Advics Group, Haldex
- Analyst Opinion
- Summary and Conclusion
- For more Information, Bekryl can help
*(SWOT, Key Developments, and Strategies are based on individual companies)
To access the detailed Automotive Brake Systems industry TOC and sample research pages, download sample.
Automotive Brake Systems Market Report Structure
Automotive Brake Systems Market Industry Dynamics
This section enables Automotive Brake Systems Market industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Automotive Brake Systems Market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Automotive Brake Systems Market industry trends and keep industry leaders abreast of latest happenings.
This section includes:
- Market Drivers
- Market Challenges
- Automotive Brake Systems Market Industry Trends
- Automotive Brake Systems Market Value Chain Analysis
- Marketing Opportunities
- Regulatory Aspects
- Automotive Brake Systems Market Industry Experts Market Opinion
Industry Analysis, By Segments
Industry stakeholders receive detailed analysis of the Automotive Brake Systems Market industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.
Each segment has research framework, essential to understand the market scenario in near future.
Each segment includes:
- Market Size and Forecast
- Annual Growth Rate Analysis (AGR)
- Key Trends, By segments
- Key Industry Developments
- Investment Proposition Analysis
- Potential Addressable Market Analysis
- Growth Factor, By Segment Analysis
This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.
Competition Landscape
Keep abreast of key strategies of industry leaders and regional Automotive Brake Systems Market industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.
This section include:
- Competition dashboard
- SWOT Analysis by Companies
- Go-to-market sales strategy
- Financial performances subject to listed companies
- Market Share Analysis
- Analyst Recommendation
Regional Market Analysis
Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Automotive Brake Systems Market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.
This section include:
- Market Size by Country and Region
- Market Opportunity, By Country and Region
- Regional Trends
- Growth Analysis and Forecast
Country Profiles
Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any
North America Automotive Brake Systems Market Size
- S.
- Canada
Latin America Automotive Brake Systems Market Size
- Brazil
- Mexico
- Argentina
- Rest of Latin America
(*Automotive Brake Systems Market value analyzed across each Latin America country)
Western Europe Automotive Brake Systems Market Size
- Germany
- UK
- France
- Switzerland
- Spain
- Italy
- NORDIC
- Rest of Western Europe
(*Automotive Brake Systems Market value analyzed across each Western Europe country)
Central and Eastern Europe Automotive Brake Systems Market Industry Analysis
- Russia
- Poland Meat
- Ukraine Meat
- Rest of Eastern Europe
(*Automotive Brake Systems Market value analyzed across each Central and Eastern Europe country)
Asia Pacific Automotive Brake Systems Market Industry Size
- China
- India
- Japan
- Australia
- South Korea
- ASEAN Meat
- Rest of Asia Pacific
(*Automotive Brake Systems Market value analyzed across each Asia Pacific country)
Middle East Automotive Brake Systems Market Industry Size
- GCC
- Israel
- Rest of Middle East
(*Automotive Brake Systems Market value analyzed across each Middle East country)
Africa Automotive Brake Systems Market Industry Size
- South Africa
- Algeria
- Nigeria
- Rest of Africa
Automotive Brake Systems Market Research Methodology
Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.
Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.
Automotive Brake Systems Market Growth Forecasting Methodology
In order to prepare historical data and analyze Automotive Brake Systems market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Automotive Brake Systems market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.
- Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
- The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.
With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Automotive Brake Systems market revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.
The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries. Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Automotive Brake Systems industry growth is nearly 3.5X to 5.5X higher than the relative GDP.
Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.
- Base Factors Growth Analysis
- Price Variation Analysis
- Potential Consumer Mapping
Automotive Brake Systems Industry Players: Competition Landscape Methodology
Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.
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