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Automotive Storage Battery Market Size, Trends, Analysis, and Outlook by Type (Nickel Cadmium Battery, Nimh Batteries, Lithium-Ion Battery, Lithium Polymer Battery, Lead-Acid Battery), Application (Electric Car, Non-Electric Car), by Country, Segment, and Companies, 2024-2030

April 2024 | 191 pages | ID: A51A91CE65DFEN
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The global Brake Systems market size is poised to register 5.45% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Brake Systems market by Type (Mechanical Brakes, Hydraulic Brakes, Power Brakes), Technology (Anti-Lock Braking System (ABS), Electronic Stability Control (ESC), Traction Control System (TCS), Electronic Brake-Force Distribution (EBD)), Application (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle).
The Brake Systems Market is poised for significant transformation through 2030, driven by the increasing demand for vehicle safety and performance is propelling the development of advanced brake systems, including anti-lock braking systems (ABS), electronic stability control (ESC), and regenerative braking systems, to enhance braking efficiency, stability, and energy recovery in both traditional and electric vehicles. This trend is accompanied by a growing emphasis on autonomous driving technologies, driving the integration of brake-by-wire and autonomous emergency braking (AEB) systems to enable autonomous vehicle functionalities and enhance collision avoidance capabilities. Secondly, the rise of electric and hybrid vehicles is reshaping brake system requirements to accommodate unique powertrain configurations, regenerative braking systems, and lightweight materials, driving innovations in brake design, materials, and manufacturing processes to optimize performance and energy efficiency. Further, the proliferation of connected vehicle technologies is driving the integration of brake systems with vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication capabilities to enhance safety, traffic management, and predictive maintenance features. In addition, regulatory mandates for vehicle safety standards and emissions regulations are driving the adoption of advanced brake systems with enhanced functionality, reliability, and compliance with stringent regulatory requirements. .

Brake Systems Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Brake Systems market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Brake Systems survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Brake Systems industry.

Key market trends defining the global Brake Systems demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Brake Systems Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Brake Systems industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Brake Systems companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Brake Systems industry
Leading Brake Systems companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Brake Systems companies.

Brake Systems Market Study- Strategic Analysis Review
The Brake Systems market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Brake Systems Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Brake Systems industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Brake Systems Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Brake Systems Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Brake Systems market segments. Similarly, Strong end-user demand is encouraging Canadian Brake Systems companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Brake Systems market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Brake Systems Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Brake Systems industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Brake Systems market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Brake Systems Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Brake Systems in Asia Pacific. In particular, China, India, and South East Asian Brake Systems markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Brake Systems Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Brake Systems Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Brake Systems market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Brake Systems.

Brake Systems Market Company Profiles
The global Brake Systems market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Aisin Seiki Co. Ltd, Akebono Brake Industry Co. Ltd, Autoliv Inc, BMW Group, Continental AG, Daimler AG, Delphi Technologies PLC, Federal-Mogul Holdings Corp, Knorr-Bremse AG, Mando Corp, Nissin Kogyo Co. Ltd, Robert Bosch GmbH, Volkswagen AG, WABCO Holdings Inc, ZF Friedrichshafen AG.

Recent Brake Systems Market Developments
The global Brake Systems market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Brake Systems Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
Pricing Analysis
Value Chain Analysis
SWOT Profile
Market Dynamics- Trends, Drivers, Challenges
Porter’s Five Forces Analysis
Macroeconomic Impact Analysis
Case Scenarios- Low, Base, High

Market Segmentation:
Type
Mechanical Brakes
-Drum brakes
-Disc brakes
Hydraulic Brakes
Power Brakes
-Air brakes
-Air hydraulic brakes
-Vacuum brakes
-Electric brakes
Technology
Anti-Lock Braking System (ABS)
Electronic Stability Control (ESC)
Traction Control System (TCS)
Electronic Brake-Force Distribution (EBD)
Application
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle

Geographical Segmentation:
North America (3 markets)
Europe (6 markets)
Asia Pacific (6 markets)
Latin America (3 markets)
Middle East Africa (5 markets)

Companies
Aisin Seiki Co. Ltd
Akebono Brake Industry Co. Ltd
Autoliv Inc
BMW Group
Continental AG
Daimler AG
Delphi Technologies PLC
Federal-Mogul Holdings Corp
Knorr-Bremse AG
Mando Corp
Nissin Kogyo Co. Ltd
Robert Bosch GmbH
Volkswagen AG
WABCO Holdings Inc
ZF Friedrichshafen AG.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Automotive Storage Battery Market Overview and Key Findings, 2024
1.2 Automotive Storage Battery Market Size and Growth Outlook, 2021- 2030
1.3 Automotive Storage Battery Market Growth Opportunities to 2030
1.4 Key Automotive Storage Battery Market Trends and Challenges
  1.4.1 Automotive Storage Battery Market Drivers and Trends
  1.4.2 Automotive Storage Battery Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Automotive Storage Battery Companies

2. AUTOMOTIVE STORAGE BATTERY MARKET SIZE OUTLOOK TO 2030

2.1 Automotive Storage Battery Market Size Outlook, USD Million, 2021- 2030
2.2 Automotive Storage Battery Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. AUTOMOTIVE STORAGE BATTERY MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. AUTOMOTIVE STORAGE BATTERY MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
Type
Nickel Cadmium Battery
Nimh Batteries
Lithium-Ion Battery
Lithium Polymer Battery
Lead-Acid Battery
Application
Electric Car
Non-Electric Car
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Automotive Storage Battery Market, 2025
5.2 Asia Pacific Automotive Storage Battery Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Automotive Storage Battery Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Automotive Storage Battery Market, 2025
5.5 Europe Automotive Storage Battery Market Size Outlook by Type, 2021- 2030
5.6 Europe Automotive Storage Battery Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Automotive Storage Battery Market, 2025
5.8 North America Automotive Storage Battery Market Size Outlook by Type, 2021- 2030
5.9 North America Automotive Storage Battery Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Automotive Storage Battery Market, 2025
5.11 South America Pacific Automotive Storage Battery Market Size Outlook by Type, 2021- 2030
5.12 South America Automotive Storage Battery Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Automotive Storage Battery Market, 2025
5.14 Middle East Africa Automotive Storage Battery Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Automotive Storage Battery Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Automotive Storage Battery Market Size Outlook and Revenue Growth Forecasts
6.2 US Automotive Storage Battery Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Automotive Storage Battery Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Automotive Storage Battery Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Automotive Storage Battery Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Automotive Storage Battery Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Automotive Storage Battery Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Automotive Storage Battery Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Automotive Storage Battery Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Automotive Storage Battery Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Automotive Storage Battery Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Automotive Storage Battery Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Automotive Storage Battery Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Automotive Storage Battery Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Automotive Storage Battery Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Automotive Storage Battery Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Automotive Storage Battery Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Automotive Storage Battery Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Automotive Storage Battery Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Automotive Storage Battery Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Automotive Storage Battery Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Automotive Storage Battery Industry Drivers and Opportunities

7. AUTOMOTIVE STORAGE BATTERY MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. AUTOMOTIVE STORAGE BATTERY COMPANY PROFILES

8.1 Profiles of Leading Automotive Storage Battery Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
East Penn Manufacturing Co. Inc
Exide Technologies Llc
FCC Battery Co. Ltd
GS Yuasa Corp
Hitachi Ltd
Johnson Controls International plc
Leoch International Technology Ltd
Linc Energy Systems
Narada Power Source Co. Ltd
Toshiba Corp

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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