Press release
Automotive Pneumatic Disc Brakes Market By Product, Distribution, Size, Share, Segmentation, Trends and Forecast Period 2018 - 2026
"The Report Automotive Pneumatic Disc Brakes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"The main objective of this report is to define, describe, and forecast the global “Automotive Pneumatic Disc Brakes” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Pneumatic disc brakes are available with diaphragms or piston thrusters, and they also include brake status sensors, pads wearing sensors and pneumatic control panels in order to tune the proportional braking of the calipers. Pneumatic disc brakes have various applications such as for high speed shaft and low speed shaft in which they control the barking. A pneumatic disc brake offers advantages such as precise brake control, automatic adjustment to counter friction block wear, compact structure, small size, lightweight, high reliability, and easy installation.
Expansion of logistics and construction industries across the globe is likely to increase the demand for commercial vehicles across the globe. Moreover, continuous research & development in pneumatic disc brakes and growing demand for passenger safety are likely to drive the automotive pneumatic disc brakes market during the forecast period. However, high initial cost and maintenance cost is likely to hamper the automotive pneumatic disc brakes market during forecast period.
The automotive pneumatic disc brakes market can be segmented based on material, vehicle type, sales channel, and region. Based on material, the market can be classified into cast iron and others. The cast iron segment is likely to dominate the market during forecast period owing to its advantages such as availability at low cost, easy machinability, and longer lifespan.
Based on vehicle type, the automotive pneumatic disc brakes market can be segregated into passenger vehicles and commercial vehicles. There has been an increase in demand for commercial vehicles across the globe. Countries in North America, Europe, and Asia Pacific witness stable economic conditions, high percentage of urbanization, increase in per capita income, and expansion of construction and logistics industries. These factor are anticipated to drive the commercial vehicle market across the globe.
Based on components, the automotive pneumatic disc brakes market can be segmented into actuators, brake calipers, and others. Actuators and calipers are highly important components of the pneumatics disc brake system as they are vital components of the pneumatic disc brake system.
Based on sales channel, the automotive pneumatic disc brakes market can be classified into OEMs and aftermarket. The OEMs segment is likely to dominate the automotive pneumatic disc brakes market during the forecast period owing to the benefits of pneumatic brake such as highly reliable system, low maintenance, greater lifespan, and continuous investment in research and development activities for better braking effect.
Based on region, the automotive pneumatic disc brakes market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America holds a major share of the global automotive pneumatic disc brakes market. Asia Pacific follows North America in terms of share of the global automotive pneumatic disk brakes market. Higher number of commercial vehicles and high rate of adoption of latest technology are likely to propel the automotive pneumatic disc brakes market during forecast period.
Key players operating in the global automotive pneumatic disc brakes market include WABCO, AISIN SEIKI Co., Ltd., and Continental AG.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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