Brake System Market Analysis and Forecast to 2031: By Brake Type (Disc and Drum), Technology (Antilock Braking Systems, Electronic Stability Control, Traction Stability Control, and Electronic Brakeforce Distribution), Actuation (Hydraulic, and Pneumatic), and Region

Report Code : GIS20613 Number of Pages: 159
Industry : Automotive & Transportation Publication Status : Upcoming

The brake system is a crucial safety feature in any vehicle. It is responsible for slowing or stopping the vehicle when the driver applies pressure to the brake pedal. The system consists of the brake pedal, brake lines, brake pads or shoes, brake rotors or drums, and calipers or wheel cylinders. When the driver presses the brake pedal, hydraulic fluid is sent from the master cylinder to the calipers or wheel cylinders. This action causes the brake pads or shoes to press against the rotors or drums, which in turn slows or stops the vehicle.

Key Trends

Some of the key trends in brake system technology include advances in sensor technology, improved materials and manufacturing processes.

One of the most important trends is the development of more sophisticated sensors. These sensors can monitor a variety of parameters, such as brake pad wear, brake fluid level, and brake temperature. This information can be used to optimize brake performance and extend brake life.

Improved materials and manufacturing processes are also contributing to better brakes. For example, new brake pad materials can resist higher temperatures and last longer.

Key Drivers

Some of the key drivers of the brake system market include the increasing demand for passenger cars and commercial vehicles, the stringent government regulations regarding vehicle safety, and the need for reducing vehicle emissions.

The increasing demand for passenger cars and commercial vehicles is one of the key drivers of the brake system market. The growth of the automotive industry is fuelling the demand for brake systems.

The stringent government regulations regarding vehicle safety are another key driver of the brake system market. The government regulations are mandating the use of ABS and other advanced braking systems in vehicles.

The need for reducing vehicle emissions is also fuelling the demand for brake systems. The advanced braking systems help in reducing the braking distance and, thus, reducing the emission of greenhouse gases.

Restraints & Challenges

The key restraints and challenges in the brake system market are the high cost of installation and the need for regular maintenance.

The high cost of installation is due to the need for specialized equipment and trained personnel.

The need for regular maintenance is due to the wear and tear of the brake system components.

Market Segments

The brake system market is segmented by brake type, technology, actuation, and region. By brake type, the market is divided into disc, and drum. On the basis of technology, it is bifurcated into antilock braking systems, electronic stability control, traction stability control, and electronic brakeforce distribution. Based on actuation, the market is classified into hydraulic, and pneumatic. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Key Players

The global brake system market includes players such as Continental AG, Brembo SpA, Hitachi Astemo Ltd, Mando Corporation, Haldex AB, Aisin Seiki Co, Delphi Technologies, Nissin Kogyo Co Ltd, Robert Bosch GmbH, and Knorr – Bremse AG.

Why GIS?

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Brake System Market Outlook
3.1. Brake System Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Brake System Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Brake System Market
4.3. Economic Impact Analysis

Chapter 5. Brake System Market by Actuation
5.1. Market Overview
5.2. Hydraulic
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Pneumatic
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 6. Brake System Market by Brake Type
6.1. Market Overview
6.2. Disc
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Drum
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 7. Brake System Market by Technology
7.1. Market Overview
7.2. Antilock Braking System
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Electronic Stability Control
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Traction Stability Control
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.5. Electronic Brakeforce Distribution
7.5.1. Market Size and Forecast, 2021-2031 ($Million)
7.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 8. Brake System Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.2.3. North America Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.2.4. North America Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)
8.2.5. North America Brake System Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.2.6.2. The U.S. Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.2.6.3. The U.S. Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.2.7. Canada
8.2.7.1. Canada Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.2.7.2. Canada Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.2.7.3. Canada Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.2.8. Mexico
8.2.8.1. Mexico Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.2.8.2. Mexico Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.2.8.3. Mexico Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.3.3. Europe Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.3.4. Europe Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)
8.3.5. Europe Brake System Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.3.6.2. Germany Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.3.6.3. Germany Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.3.7. France
8.3.7.1. France Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.3.7.2. France Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.3.7.3. France Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.3.8. U.K.
8.3.8.1. U.K. Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.3.8.2. U.K. Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.3.8.3. U.K. Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.3.9. Spain
8.3.9.1. Spain Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.3.9.2. Spain Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.3.9.3. Spain Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.3.10.2. Italy Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.3.10.3. Italy Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Brake System Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.4.4. Asia-Pacific Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.4.5. Asia-Pacific Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)
8.4.6. China
8.4.6.1. China Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.4.6.2. China Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.4.6.3. China Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.4.7. India
8.4.7.1. India Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.4.7.2. India Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.4.7.3. India Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.4.8. Japan
8.4.8.1. Japan Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.4.8.2. Japan Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.4.8.3. Japan Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.4.9.2. South Korea Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.4.9.3. South Korea Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.4.10.2. Rest of APAC Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.4.10.3. Rest of APAC Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.5.3. Rest of the World Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.5.4. Rest of the World Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)
8.5.5. Rest of the World Brake System Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.5.6.2. Latin America Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.5.6.3. Latin America Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.5.7.2. Middle East Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.5.7.3. Middle East Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

8.5.8. Africa
8.5.8.1. Africa Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.5.8.2. Africa Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.5.8.3. Africa Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)
8.5.9. Rest of LAMEA
8.5.9.1. Rest of LAMEA Brake System Market Size and Forecast by Actuation, 2021-2031, ($Million)
8.5.9.2. Rest of LAMEA Brake System Market Size and Forecast by Brake Type, 2021-2031, ($Million)
8.5.9.3. Rest of LAMEA Brake System Market Size and Forecast by Technology, 2021-2031, ($Million)

Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions

Chapter 10. Company Profiles
10.1. Continental AG
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Brembo SpA
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product Offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Hitachi Astemo Ltd
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product Offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Mando Corporation
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product Offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Haldex AB
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product Offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Aisin Seiki Co
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product Offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Delphi Technologies
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product Offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Nissin Kogyo Co Ltd
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product Offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Robert Bosch GmbH
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product Offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Knorr-Bremse AG
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product Offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report

 

Key Players
  • Continental AG
  • Brembo SpA
  • Hitachi Astemo Ltd
  • Mando Corporation
  • Haldex AB
  • Aisin Seiki Co
  • Delphi Technologies
  • Nissin Kogyo Co Ltd
  • Robert Bosch GmbH
  • Knorr – Bremse AG
Market Segments

By Brake Type

  • Disc
  • Drum

By Technology

  • Antilock Braking Systems
  • Electronic Stability Control
  • Traction Stability Control
  • Electronic Brakeforce Distribution

By Actuation

  • Hydraulic
  • Pneumatic

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • South Korea
    • Japan
    • Rest of  APAC
  • Rest of the World
    • Latin America
    • Africa
    • Middle East
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