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Automotive Brake System Market Size, Share & Trends Analysis Report By Type (Disc Brake & Drum Brake), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Technology, By Region, And Segment Forecasts, 2022 - 2030

June 2022 | 120 pages | ID: ACD67DC65A9EN
Grand View Research, Inc.

US$ 4,950.00

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Automotive Brake System Market Growth & Trends

The global automotive brake system market is expected to reach USD 72.70 billion by 2030, registering a CAGR of 5.4% during the forecast period, according to a new report by Grand View Research, Inc. Factors such as the increasing number of road accidents have led to the rising demand for the safety features such as traction control system, anti-lock braking system, advanced driver system, etc. Passengers are concerned about the rising fatality which is prompting automotive manufacturers to install more efficient automotive systems.

Furthermore, the demand for semi-luxury and luxury high-performance automobiles has increased significantly in recent years. As a result, the demand for effective brake systems in vehicles such as passenger cars, large and light commercial vehicles, and two-wheelers continue to increase. These factors are driving the growth of the automotive brake system market significantly, throughout the forecast period.

In addition, due to increased demand and the production of vehicles, Asia-Pacific has been the leading market for automotive brake systems and is expected to maintain its dominance during the forecast period. Factors actors such as government regulation in countries such as India, Japan, and China and measures to improve vehicle safety are likely to boost the growth of the automotive brake system market during the forecast period.

However, the advanced braking technology contains complex electronic and mechanical system. An anti-lock brake system has components such as controllers, valves, and sensors which makes ABS more expensive than a conventional brake system. Therefore, they have high development and maintenance costs.

Improvements in two-wheeler braking systems and augmentation in previously unexplored markets, within developing countries, present significant growth opportunities for the players. New technical advancements such as ABS and regenerative braking are expected to boost the global market for automotive brake systems. Furthermore, based on the technology type anti-lock braking system has gained the highest market share. Its growth can be attributed to the mandatory deployment of anti-lock brake systems in key automobile market regions.

Automotive Brake System Market Report Highlights
  • The Automotive Brake System Market is expected to reach USD 72.70 billion by 2030 with a CAGR growth of 5.4 % during the forecasted period
  • The growth of the automotive brake system market is linked to the demand for both passenger and commercial vehicles
  • The disc brake segment is expected to grow at rapid pace because of their capacity to work in inclement weather without overheating or fading
  • Factors such as government regulation and measures to improve vehicle safety are likely to boost the growth of the automotive brake system market during the forecast period
  • High repair and maintenance costs of technologically advanced brake are anticipated to hinder the growth of the automotive brake system market
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Research Methodology
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. List of Primary Sources
  1.3.4. List of Secondary Sources
1.4. Information Analysis
  1.4.1. Data Analysis Model
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

CHAPTER 3. AUTOMOTIVE BRAKE SYSTEM MARKET ANALYSIS MARKET VARIABLES, TRENDS & SCOPE

3.1. Penetration and Growth Prospect Mapping
3.2. Market Dynamics
  3.2.1. Market Driver Analysis
  3.2.2. Market Restraints Analysis
3.3. Industry Value Chain Analysis
3.4. Automotive Brake System Market Key Company Analysis, 2021
3.5. Market Analysis Tools
  3.5.1. Automotive Brake System Market Analysis Industry Analysis - Porter’s Five Forces Analysis
  3.5.2. Automotive Brake System Market Industry Analysis - PEST Analysis
3.6. Impact of COVID-19 On Automotive Brake System Market

CHAPTER 4. AUTOMOTIVE BRAKE SYSTEM MARKET: PRODUCT TYPE OUTLOOK

4.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Revenue, USD Billion)
4.2. Disc Brake
  4.2.1. Market Estimates and Forecasts By Region, 2018 - 2030 (Revenue, USD Billion)
4.3. Drum Brake
  4.3.1. Market Estimates and Forecasts By Region, 2018 - 2030 (Revenue, USD Billion)

CHAPTER 5. AUTOMOTIVE BRAKE SYSTEM MARKET: VEHICLE OUTLOOK

5.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Revenue, USD Billion)
  5.1.1. Market Estimates and Forecasts By Region, 2018 - 2030 (Revenue, USD Billion)
5.2. Passenger Cars
  5.2.1. Market Estimates and Forecasts By Region, 2018 - 2030 (Revenue, USD Billion)
5.3. Commercial Vehicle
  5.3.1. Market Estimates and Forecasts By Region, 2018 - 2030 (Revenue, USD Billion)

CHAPTER 6. AUTOMOTIVE BRAKE SYSTEM MARKET: TECHNOLOGY OUTLOOK

6.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Revenue, USD Billion)
6.2. Anti-Lock Brake System
  6.2.1. Market Estimates and Forecasts By Region, 2018 - 2030 (Revenue, USD Billion)
6.3. Traction Control System
  6.3.1. Market Estimates and Forecasts By Region, 2018 - 2030 (Revenue, USD Billion)
6.4. Electronic Stability Control
  6.4.1. Market Estimates and Forecasts By Region, 2018 - 2030 (Revenue, USD Billion)
6.5. Electronic Brake -Force Distribution
  6.5.1. Market Estimates and Forecasts By Region, 2018 - 2030 (Revenue, USD Billion)

CHAPTER 7. AUTOMOTIVE BRAKE SYSTEM MARKET: REGIONAL OUTLOOK

7.1. Automotive Brake System Market Analysis Market, By Region, 2021& 2030
7.2. North America
  7.2.1. Market Estimates and Forecasts By country, 2018 - 2030 (Revenue, USD Billion)
  7.2.2. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
  7.2.3. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
  7.2.4. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
  7.2.5. U.S.
    7.2.5.1. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
    7.2.5.2. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
    7.2.5.3. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
  7.2.6. Canada
    7.2.6.1. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
    7.2.6.2. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
    7.2.6.3. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
7.3. Europe
  7.3.1. Market Estimates and Forecasts By country, 2018 - 2030 (Revenue, USD Billion)
  7.3.2. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
  7.3.3. Market Estimates and Forecasts By vehicle type, 2018 - 2030 (Revenue, USD Billion)
  7.3.4. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
  7.3.5. U.K.
    7.3.5.1. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
    7.3.5.2. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
    7.3.5.3. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
  7.3.6. Germany
    7.3.6.1. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
    7.3.6.2. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
    7.3.6.3. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
7.4. Asia Pacific
  7.4.1. Market Estimates and Forecasts By country, 2018 - 2030 (Revenue, USD Billion)
  7.4.2. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
  7.4.3. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
  7.4.4. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
  7.4.5. China
    7.4.5.1. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
    7.4.5.2. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
    7.4.5.3. Market Estimates and Forecasts By technology, 2018 - 2030(Revenue, USD Billion
  7.4.6. India
    7.4.6.1. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
    7.4.6.2. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
    7.4.6.3. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
  7.4.7. Japan
    7.4.7.1. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
    7.4.7.2. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
    7.4.7.3. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
7.5. Latin America
  7.5.1. Market Estimates and Forecasts By country, 2018 - 2030 (Revenue, USD Billion)
  7.5.2. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
  7.5.3. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
  7.5.4. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
  7.5.5. Brazil
    7.5.5.1. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
    7.5.5.2. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
    7.5.5.3. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
  7.5.6. Mexico
    7.5.6.1. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
    7.5.6.2. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
    7.5.6.3. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)
7.6. Middle East and Africa
  7.6.1. Market Estimates and Forecasts By product, 2018 - 2030 (Revenue, USD Billion)
  7.6.2. Market Estimates and Forecasts By vehicle, 2018 - 2030 (Revenue, USD Billion)
  7.6.3. Market Estimates and Forecasts By technology, 2018 - 2030 (Revenue, USD Billion)

CHAPTER 8. COMPETITIVE LANDSCAPE

8.1. Advics Co. Ltd.
  8.1.1. Company Overview
  8.1.2. Financial Performance
  8.1.3. Product Benchmarking
  8.1.4. Recent Developments
8.2. ZF Friedrichshafen AG
  8.2.1. Company Overview
  8.2.2. Financial Performance
  8.2.3. Product Benchmarking
  8.2.4. Recent Developments
8.3. Akebono Automotive System
  8.3.1. Company Overview
  8.3.2. Financial Performance
  8.3.3. Product Benchmarking
  8.3.4. Recent Developments
8.4. Hitachi Automotive System
  8.4.1. Company Overview
  8.4.2. Financial Performance
  8.4.3. Product Benchmarking
  8.4.4. Recent Developments
8.5. Brembo SpA
  8.5.1. Company Overview
  8.5.2. Financial Performance
  8.5.3. Product Benchmarking
  8.5.4. Recent Developments
8.6. Robert Bosch GmbH
  8.6.1. Company Overview
  8.6.2. Financial Performance
  8.6.3. Product Benchmarking
  8.6.4. Recent Developments
8.7. Aisin Seiki Co. Ltd.
  8.7.1. Company Overview
  8.7.2. Financial Performance
  8.7.3. Product Benchmarking
  8.7.4. Recent Developments
8.8. WABCO
  8.8.1. Company Overview
  8.8.2. Financial Performance
  8.8.3. Product Benchmarking
  8.8.4. Recent Developments
8.9. Haldex
  8.9.1. Company Overview
  8.9.2. Financial Performance
  8.9.3. Product Benchmarking
  8.9.4. Recent Developments
8.10. Nissin Kogyo Co. Ltd.
  8.10.1. Company Overview
  8.10.2. Financial Performance
  8.10.3. Product Benchmarking
  8.10.4. Recent Developments

LIST OF TABLES

Table 1 Automotive brake systems market, 2018 - 2030 (USD Billion)
Table 2 Automotive brake systems market, by region, 2018 - 2030 (USD Billion)
Table 3 Automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 4 Automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 5 Automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 6 Disc brake markets, by region, 2018 - 2030 (USD Billion)
Table 7 Drum brake market, by region, 2018 - 2030 (USD Billion)
Table 8 Passenger vehicles market, by region, 2018 - 2030 (USD Billion)
Table 9 Commercial vehicle markets, by region, 2018 - 2030 (USD Billion)
Table 10 Anti-lock braking system (ABS) markets, by region, 2018 - 2030 (USD Billion)
Table 11 Traction control system (TCS) market, by region, 2018 - 2030 (USD Billion)
Table 12 Electronic stability control (ESC) market, by region, 2018 - 2030 (USD Billion)
Table 13 Electronic brake-force distribution (EBD) markets, by region, 2018 - 2030 (USD Billion)
Table 14 North America automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 15 North America automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 16 North America automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 17 U.S. automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 18 U.S. automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 19 U.S. automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 20 Canada automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 21Canada automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 22 Canada automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 23 Europe automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 24 Europe automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 25 Europe automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 26 U.K. automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 27 U.K. automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 28 U.K. automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 29 Germany automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 30 Germany automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 31 Germany automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 32 Asia Pacific automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 33 Asia Pacific automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 34 Asia Pacific automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 35 China automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 36 China automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 37 China automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 38 India automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 39 India automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 40 India automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 41 Japan automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 42 Japan automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 43 Japan automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 44 Latin America automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 45 Latin America automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 46 Latin America automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 47 Brazil automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 48 Brazil automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 49 Brazil automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 50 Mexico automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 51 Mexico automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 52 Mexico automotive brake systems market, by technology, 2018 - 2030 (USD Billion)
Table 53 Middle East and Africa automotive brake systems market, by product, 2018 - 2030 (USD Billion)
Table 54 Middle East and Africa automotive brake systems market, by vehicle, 2018 - 2030 (USD Billion)
Table 55 Middle East and Africa automotive brake systems market, by technology, 2018 - 2030 (USD Billion)

LIST OF FIGURES

Fig. 1 Market segmentation and scope
Fig. 2 Market Snapshot
Fig. 3 Penetration and Growth Prospect Mapping
Fig. 4 Automotive brake system market- Value Chain Analysis
Fig. 5 Automotive brake systems Market - Porter’s five forces analysis
Fig. 6 Automotive brake systems market - PESTEL analysis
Fig. 7 Key Company Analysis, 2021
Fig. 8. Automotive brake systems market product outlook key takeaways
Fig. 9 Automotive brake systems market vehicle type key takeaways
Fig. 10 Automotive brake systems market technology type key takeaways
Fig. 11 Automotive brake systems market regional analysis key takeaways?


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