openPR Logo
Press release

Global Automotive Brake System Market Size, Shares, Growth, Segments, Industry Analysis & Outlook 2018-2024

03-29-2019 07:23 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Infinium Global Research

/ PR Agency: Infinium Global Research
Automotive Brake System Market

Automotive Brake System Market

Our latest research report entitled Automotive Brake System Market (by technology (antilock braking system, electronic stability control, and others), brake type (disc brake, and drum brake), vehicle type (passenger vehicles, and commercial vehicles), sales channel (oem, and aftersales)) provides complete and deep insights into the market dynamics and growth of Automotive Brake System. Latest information on market risks, industry chain structure Automotive Brake System cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Automotive Brake System growth factors.

The forecast Automotive Brake System Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Automotive Brake System on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report, the global automotive brake system market is projected to grow at a CAGR of 5.5% over the forecast period of 2018-2024.

Ask for Sample Copy of Research Report with Table of Content @ www.infiniumglobalresearch.com/reports/sample-request/1895

An automotive brake system is commonly employed in different automobiles. It includes the brake device comprising of different components such as brake pads, brake shoes, brake drum, rotor, piston, caliper, master cylinder, and brake booster that are employed for decelerating a vehicle. In addition, the brakes are used to reduce the speed of the vehicle and the speed of conversion determines the rate of the vehicle to slow down. Now the automobiles are fitted with two types of braking system namely foot brake and handbrake. The foot brake is used to control the speed of the vehicle when and where desired whereas; the clutch brake is applied by the lever and mostly used to keep the vehicle from moving when parked. Therefore, ABS (Anti-lock braking system) and regenerative braking have become prominent since the last decade.

Ever increasing demand for automobile and vehicle production drives the growth of the automotive braking system market. In addition, increasing stringency of automotive active safety regulations and the impact of new car assessment program (NCAP) on electronics brake system is boosting the growth of the automotive braking system market. A New Car Assessment Program is a government or institutional car safety program tasked with evaluating new automobile designs for performance against various safety threats. However, the high cost of the newer technology as compared to the use of traditionally used hydraulic systems are likely to restrain the growth of the automotive brake system market. According to the World Health Organization (WHO), approximately 1.3 million deaths occur due to accidents and a majority of the deaths could be reduced with the integration of robust safety features into vehicles. Therefore, the introduction of the smart braking system has led to a decrease in the number of accidents and loss of lives. Furthermore, increasing concerns of safety and government pressures that have upturned the OEM’s towards the launching of higher technology content this, in turn, is providing several growth opportunities for the key players in the automotive brake system over the upcoming years. In addition, the introduction of the brake by wire technology that has the ability to control the brakes through the electrical system is significantly providing growth for the automotive brake system industry over the years to come.

Among the geography, Asia Pacific dominated the global automotive brake system market. The region has emerged as a major automotive hub with the majority of the market share in terms of vehicle production as well as sales. Being the largest market for automobiles Asia Pacific region is estimated to witness the largest demand for automotive brakes. On the other hand, the increasing popularity of active braking system coupled with a boost in the sales of luxury and premium vehicles is driving the growth in the Asia Pacific region. China is expected to have the largest contribution in the automotive brake system market due to increased opportunity for the brake system companies. Moreover, the growth in the North American region is due to the needed implementation of the ESC (Electronic stability control) technology.

Market Segmentation by Technology, Brake Type, Vehicle Type, And Sales Channel

The report on global automotive brake system market covers segments such as technology, brake type, vehicle type, and sales channel. On the basis of technology, the global automotive brake system market is categorized into antilock braking system (abs), electronic stability control (ESC), traction control system (TCS), and electronic brake-force distribution (EBD). On the basis of brake type, the global automotive brake system market is categorized into disc brake, and drum brake. On the basis of vehicle type, the global automotive brake system market is categorized into passenger vehicles and commercial vehicles. On the basis of the sales channel, the global automotive brake system market is categorized into OEM, and aftersales.

Ask Discount for the latest research report @ www.infiniumglobalresearch.com/reports/request-discount/1895

Competitive Landscape

The report provides profiles of the companies in the global automotive brake system market such as Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Autoliv Inc., Aisin Seiki Co., Ltd., Mando Corp., Delphi Automotive PLC, Wabco Holdings Inc, Nissin Kogyo Co., Ltd., and Haldex AB.

Browse Detailed TOC, Description, and Companies Mentioned in Report @ www.infiniumglobalresearch.com/automotive/global-automoti...

Reasons to Buy this Report:

• Comprehensive analysis of global as well as regional markets of the Automotive Brake System.

• Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.

• Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.

• Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Infinium Global Research and Consulting Solutions is started with a single motto of being a business partner of the first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Infinium Global Research
Office No. 04, 06, Ganadhish Empire,
Rahatani Corner, Pune, MH 411027
Email: info@infiniumglobalresearch.com
Website: www.infiniumglobalresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Automotive Brake System Market Size, Shares, Growth, Segments, Industry Analysis & Outlook 2018-2024 here

News-ID: 1678236 • Views: 77

More Releases from Infinium Global Research

Genome Engineering Market: Global Industry Analysis, Trends, Market Size and For …
Our latest research report entitled Genome Engineering Market (by technology (clustered regularly interspaced short palindromic repeats, and other), application (cell line engineering, animal genetic engineering, and other) and end-user (biotechnology & pharmaceutical companies, academic & government research institutes and others)) provides complete and deep insights into the market dynamics and growth of Genome Engineering. Latest information on market risks, industry chain structure Genome Engineering cost structure and opportunities are offered
Computed Tomography Market 2018 : Global Industry Growth, Opportunities, Consump …
Our latest research report entitled Computed Tomography Market (by application (cardiovascular, oncology, diagnostics, neurology, and spinal application), types (low slice, medium slice, and high slice), end- user (diagnostic services, hospitals and clinics)) provides complete and deep insights into the market dynamics and growth of Computed Tomography. Latest information on market risks, industry chain structure Computed Tomography cost structure and opportunities are offered in this report. The past, present and forecast
Global Protein Ingredients Market – Invention Analysis, Size, Share, Evolution …
Our latest research report entitled Protein Ingredients Market (by source (animal source and plant source), application (food & beverage, cosmetics & personal care, infant formulations animal feed and pharmaceuticals)) provides complete and deep insights into the market dynamics and growth of Protein Ingredients. Latest information on market risks, industry chain structure Protein Ingredients cost structure and opportunities are offered in this report. The past, present and forecast market information will
Global Hospital Beds Market 2018 Industry Demand, Segment, Statistics Report 202 …
Our latest research report entitled Hospital Beds Market (by usage (general beds, pediatric beds, pressure relief beds, bariatric beds and birthing beds), types (electric beds, manual beds, semi-electric beds), treatment (acute care bed, long term care beds)) provides complete and deep insights into the market dynamics and growth of Hospital Beds. Latest information on market risks, industry chain structure Hospital Beds cost structure and opportunities are offered in this report.

All 5 Releases


More Releases for Automotive

Automotive Sunroof Market
Automotive Sunroof is a fixed or operable opening in vehicle that allows light or fresh air to enter inside a car. Sunroof are of many shapes and sizes and styles and they are either manually driver or motor driven. Increasing demand for premium cars and growing need to control light inside the vehicle is fueling the growth of automotive sunroof market. The major driver influencing the growth of automotive sunroof is
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Fasteners Market
Fasteners are the mechanical components that holds, joins or affixes two or more parts together, automotive industry is the largest market for the fastener. Automotive fasteners are made up of various materials such as Iron, Aluminum, Brass, Nickel, Stainless steel, Plastic, they are further classified with their distinct characteristics. Automotive fasteners are generally used for the clamping parts of vehicle together to avoid their separation or wobbling, transmitting loads as
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,