Brake System Market 2018 -2025 with Key Companies Profile, Supply, Demand, Cost Structure, and SWOT Analysis

This industry study presents the global Brake System market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Brake System production, revenue and market share by manufacturers, key regions and type;

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The consumption of Brake System in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders ZF, Aisin, etc.

A typical automotive brake system or braking system comprises of a brake device having different components, which are used for slowing or stopping down a vehicle. More precisely, these devices decrease or stop the speed of a moving or rotating body by absorbing kinetic energy mechanically or electrically.

Brake market is segmented on the basis of product into disc brake and drum brake. Disc brake uses a pair of calipers to squeeze against a disc to create friction that reduces the speed of the vehicle in motion whereas the drum brake is a brake in which brake shoe presses against the inside of a drum on the wheels. Disc brakes are preferred in commercial vehicles only in Europe. Elsewhere, Disc brakes are used in passenger vehicles.

Automotive brake system market is expected to witness substantial growth over the forecast period on account of growing automotive industry particularly in developing economies of the world. Furthermore, increasing concerns over safety resulting in government mandates to improve the vehicle safety is expected to drive demand over the next seven years. Growth in the automotive brake industry would primarily be led by the passenger car segment and commercial vehicle segment.

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Global Brake System market size will reach 13600 million US$ by 2025, from 10800 million US$ in 2017, at a CAGR of 3.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Brake System.

The following manufacturers are covered in this report:
- ZF
- Aisin
- Akebono Brake Industry
- CBI
- Continental
- Nissin Kogyo
- Mando
- APG
- Knorr-Bremse
- Wabco
- XinYi
- Shandong Aoyou

Brake System Breakdown Data by Type
- Disc brakes
- Drum brakes
Brake System Breakdown Data by Application
- Passenger Vehicle
- Commercial Vehicle

The study objectives are:
- To analyze and research the global Brake System status and future forecast,involving, production, revenue, consumption, historical and forecast.
- To present the key Brake System manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
- To segment the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

List of Tables and Figures:
Table Global Brake System Revenue by Regions 2013-2018 (Million US$)
Table Global Brake System Revenue Market Share by Regions 2013-2018
Figure Global Brake System Revenue Market Share by Regions 2013-2018
Figure Global Brake System Revenue Market Share by Regions in 2017
Figure United States Brake System Production and Growth Rate 2013-2018 (M Unit)
Figure United States Brake System Revenue and Growth Rate 2013-2018 (Million US$)
Table United States Brake System Import & Export
Figure Europe Brake System Production and Growth Rate 2013-2018 (M Unit)
Figure Europe Brake System Revenue and Growth Rate 2013-2018 (Million US$)
Table Europe Brake System Import & Export
Figure China Brake System Production and Growth Rate 2013-2018 (M Unit)
Figure China Brake System Revenue and Growth Rate 2013-2018 (Million US$)

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This release was published on openPR.