openPR Logo
Press release

Automotive Brake System Market Analysis, Trends, Forecast, 2015-2025

07-22-2016 09:28 AM CET | IT, New Media & Software

Press release from: Future Market Insights

Automotive Brake System Market Analysis, Trends, Forecast,

The developing industry of automotive has largely emphasised on the development of the vehicles that are fast and safe. Brakes have become an important and crucial part of any vehicle so as to ensure the safety which becomes very essential when the demand of speed is increasing steadily. Being commonly used in different automobiles an automotive brake system comprises a brake device having different components (such as brake pads, brake shoes, brake drum, rotor, piston, calliper, master cylinder, and brake booster) which are used for decelerating a vehicle.

The growth in automotiveindustry is anticipated to fuel the growth of global automotive brake system market along with the increasing concerns over safety and resulting government pressures that have upturned the OEM’s towards the launching of higher technology content, thereby driving the demand for global automotive brake systems across the globe.

Automotive Brake System Market: Drivers & Restraints

Ever-increasing demand and succeeding vehicle production is considered as one of the biggest driver for the increasing demand of the automotive brakes and global automotive brake system market penetration. Also the increasing governmental mandates for improving the vehicle safety has strongly contributed to the demand of the global automotive brake system market. The major restraint in the global automotive brake system market implies to be the higher cost of the newer technology of Electronic Brake Systems (EBS) when compared to the commonly used Hydraulic Brakes.

Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-503

Automotive Brake System Market: Segmentation

On the basis of product type, the global automotive brake system market is segmented as Disc Brakes and Drum Brakes.

On the basis of applications the global automotive brake system market is segmented as Two Wheeler Motor Vehicles, Passenger Car Vehicles, and Light Commercial Vehicles (LCV).

On the basis of technology the global automotive brake system market is segmented as Anti-lock Braking System (ABS), Traction Control System (TCS), and Electronic Stability Control (ESC) that comes under the electronic braking systems (EBS).

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-503

Automotive Brake System Market: Region-wise Outlook

The global automotive brake system market is expected to register a favourable growth for the forecast period, 2015?2025. Asia-Pacific is projected to endure its control on the global automotive brake system market. The key countries in the mentioned region are projected to be India, South Korea, and China as an outcome of the increasing demand for commercial vehicles and passenger cars. Japan also contributes to the global automotive brake system market remarkably. China is expected to be the largest opportunity in terms of revenue of the industry. Europe is expected to be the second largest market in global automotive brake system market followed by North America.

Automotive Brake System: Key Players

Some of the key market participants in global automotive brake system market are TRW Automotive Holdings Corp., Aisin-Seiki Co. Ltd., Continental AG, Akebono Brake Industry Co. Ltd., Brembo S.P.A., Halla Mando Corp., and others.

Browse Full Report@ http://www.futuremarketinsights.com/reports/automotive-brake-system-market

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.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 Automotive Brake System Market Analysis, Trends, Forecast, 2015-2025 here

News-ID: 350846 • Views:

More Releases from Future Market Insights

Caffeinated Beverage Market to Surpass USD 375 Billion by 2035 Driven by Innovation and Health Trends
Caffeinated Beverage Market to Surpass USD 375 Billion by 2035 Driven by Innovat …
The global Caffeinated Beverage Market is projected to reach USD 375 billion by 2035, expanding from USD 248.4 billion in 2025 at a CAGR of 5.1%. Fueled by evolving consumer preferences, innovation in product development, and the growing demand for functional and energizing drinks, the market continues to capture the attention of both established and emerging players. Caffeinated beverages-including coffee, tea, energy drinks, and carbonated soft drinks-have become indispensable in daily
Portable Electronic Analgesic Pump Market to Reach USD 536.3 million by 2035 with 6.4% CAGR Growth
Portable Electronic Analgesic Pump Market to Reach USD 536.3 million by 2035 wit …
The global healthcare sector is undergoing a rapid transformation, shaped by patient-centered care, advanced technologies, and the growing demand for safe and effective pain management. Within this changing landscape, the portable electronic analgesic pump market is poised to become one of the most dynamic medical device segments. The market is projected to grow from USD 288.4 million in 2025 to USD 536.3 million by 2035, reflecting a compound annual growth
Nucleic Acid Test Kits for Pets Market to Reach USD 443.0 Million by 2035 with Rising Demand for Preventive Care
Nucleic Acid Test Kits for Pets Market to Reach USD 443.0 Million by 2035 with R …
The global pet diagnostics landscape is entering a new era, where technology, compassion, and science converge to redefine animal healthcare. According to the latest report, the nucleic acid test kits for pets market is projected to expand from USD 207.1 million in 2025 to USD 443.0 million by 2035, reflecting a 7.9% CAGR. This remarkable growth mirrors rising pet ownership, increasing emphasis on preventive veterinary care, and breakthroughs in genetic
Mycobacterium Tuberculosis PCR Kits Market to Hit USD 985.1 Million by 2035 with Diagnostics Innovation Driving Growth
Mycobacterium Tuberculosis PCR Kits Market to Hit USD 985.1 Million by 2035 with …
The global fight against tuberculosis (TB) is set to experience a major transformation, as the Mycobacterium tuberculosis PCR detection kits market expands from USD 616.4 million in 2025 to USD 985.1 million by 2035. This trajectory, marked by a compound annual growth rate (CAGR) of 4.8%, reflects how advancements in molecular diagnostics and global health initiatives are shaping the future of TB testing. Inflection point mapping of the market's growth reveals

All 5 Releases


More Releases for Brake

Brake Repair Service: A Reliable Solution for Mobile Brake Services
When it comes to maintaining the performance and safety of your vehicle, brake systems are among the most critical components. Whether you're a truck driver or a fleet manager, ensuring your brakes are in optimal condition is a priority. Fortunately, finding a reliable Brake Repair Service [https://mobilebrakerepairtn.com/#:~:text=Brake%20Repair%20Service] provider has never been easier, thanks to mobile brake services that bring convenience and professionalism right to your location. Mobile Brake Services: Convenient, Efficient,
Brake System Market : Disc Brake, Drum Brake, Hydrostatic Brake 2020-2027
The global brake system industry was valued at $41.62 billion in 2019, and is projected to reach $61.20 billion by 2027, registering a CAGR of 7.0%. The report provides a detailed analysis of changing market dynamics, top investment pockets, major winning strategies, key segments, and competitive scenarios. Growth in production & sales of commercial vehicles and off-highway trucks, rise in stringency of automotive active safety regulations, and initiatives of new car
Aircraft Brake System : Power Brake, Boosted Brake, and Independent Brake 2021-2 …
The global aircraft brake system market was valued at $10.52 billion in 2020, and is projected to reach $16.95 billion in 2030, registering a CAGR of 5.2%. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players. Increase in air passenger traffic in the world and rise in operations in the commercial aviation sector are expected to fuel the global aircraft brake
Aircraft Brake System Market : Power Brake, Boosted Brake, and Independent Brake …
The global aircraft brake system market generated $10.52 billion in 2020, and is anticipated to reach $16.95 billion in 2030, manifesting a CAGR of 5.2%. Increase in air passenger traffic in the world and rise in operations in the commercial aviation sector are expected to fuel the global aircraft brake system market. On the other hand, strict regulatory conditions create hindrances to market growth. On the contrary, usage of advanced
Brake System Market : Disc Brake, Drum Brake, Hydrostatic Brake, Hydraulic Wet B …
The global Brake System Industry estimated $41.62 billion in 2019, and is expected to hit $61.20 billion by 2027, witnessing a CAGR of 7.0% from 2020 to 2027. Download Report Sample at https://www.alliedmarketresearch.com/request-sample/1024 Covid-19 Scenario- The covid-19 outbreak has immensely affected the industry, as most of the original equipment manufacturers (OEM) have kept the production of brake systems on hold. The supply chain management has been disrupted resulting in shortage of raw materials. The
Brake System Market : Disc Brake, Drum Brake, Hydrostatic Brake, Hydraulic Wet B …
The global brake system industry was valued at $41.62 billion in 2019, and is projected to reach $61.20 billion by 2027, registering a CAGR of 7.0%. The report provides a detailed analysis of changing market dynamics, top investment pockets, major winning strategies, key segments, and competitive scenarios. Download Report Sample at https://www.alliedmarketresearch.com/request-sample/1024 Growth in production & sales of commercial vehicles and off-highway trucks, rise in stringency of automotive active safety regulations, and