Press release
Automotive Brake System Market Is Expected to Reach USD 76.3 Billion by 2033, Grow at a CAGR Of 4.25%
IMARC Group's report titled "๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ซ๐๐ค๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฒ ๐๐ฒ๐ฉ๐ (๐๐ข๐ฌ๐ ๐๐ซ๐๐ค๐๐ฌ, ๐๐ซ๐ฎ๐ฆ ๐๐ซ๐๐ค๐๐ฌ), ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ (๐๐๐ฌ๐ญ๐๐ซ ๐๐ฒ๐ฅ๐ข๐ง๐๐๐ซ, ๐๐ซ๐๐ค๐ ๐๐๐, ๐๐๐ฅ๐ข๐ฉ๐๐ซ๐ฌ, ๐๐ข๐ฌ๐, ๐๐๐๐ฎ๐ฎ๐ฆ ๐๐๐ซ๐ฏ๐จ ๐๐ซ๐๐ค๐, ๐๐ซ๐๐ค๐ ๐๐ซ๐ฎ๐ฆ๐ฌ, ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ), ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ (๐๐ง๐ญ๐ข-๐๐จ๐๐ค ๐๐ซ๐๐ค๐ข๐ง๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ (๐๐๐), ๐๐ซ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐ฒ๐ฌ๐ญ๐๐ฆ (๐๐๐), ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐ ๐๐ญ๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ (๐๐๐), ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐ ๐๐ซ๐๐ค๐ ๐ ๐จ๐ซ๐๐ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง (๐๐๐)), ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ฒ๐ฉ๐ (๐๐๐ฌ๐ฌ๐๐ง๐ ๐๐ซ ๐๐๐ซ๐ฌ, ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐๐ก๐ข๐๐ฅ๐๐ฌ), ๐๐๐ฅ๐๐ฌ ๐๐ก๐๐ง๐ง๐๐ฅ (๐๐ซ๐ข๐ ๐ข๐ง๐๐ฅ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ (๐๐๐๐ฌ), ๐๐๐ญ๐๐ซ๐ฆ๐๐ซ๐ค๐๐ญ), ๐๐ง๐ ๐๐๐ ๐ข๐จ๐ง ๐๐๐๐-๐๐๐๐". The global automotive brake system market size reached USD 51.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 76.3 Billion by 2033, exhibiting a growth rate (CAGR) of 4.25% during 2025-2033.๐๐ซ๐๐ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/automotive-brake-system-market/requestsample
๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐๐๐๐๐ญ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ซ๐๐ค๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
โ ๐๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐๐๐๐๐ญ๐ฒ ๐๐ญ๐๐ง๐๐๐ซ๐๐ฌ:
Routine standards from governments across the world mandate advanced braking technology installation in vehicles for safety improvements. Two regulations that require manufacturers to build their vehicles with ABS and electronic stability control (ESC) and traction control systems ensure better vehicle stability as well as lower accident rates. Vehicle brake systems need to pass through rigorous testing procedures as well as pass attendant safety certification tests before market release. Safety and high performance standards drive braking system approvals before vehicles reach market availability thus driving increasing demand for components that meet these criteria.
โ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ:
During braking operations in electric and hybrid vehicles the regenerative braking systems both seize kinetic energy to generate electric energy which subsequently powers the brakes. The developing electric vehicle market requires advanced braking systems because this innovation boosts energy performance and maintains vehicle distance capabilities. Modern safety technologies consisting of automatic emergency braking (AEB) and adaptive cruise control and collision avoidance systems depend on advanced brake systems technology. ADAS integration in vehicles requires the establishment of advanced braking technologies which combine enhanced safety capabilities with increased market demand for these systems.
โ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐๐ข๐๐๐ญ๐ข๐จ๐ง:
The electrified automotive sector leads to broad adoption of regenerative braking technologies as its primary result. The regenerative systems store electrical energy derived from braking through kinetic energy capture and embed it within vehicle batteries. This process boosts energy efficiency and EV range and creates new demand for the development of superior braking technologies. Braking systems for hybrid and electric vehicles must have features which work together with their electric power systems. Advancements in braking technology emerged because of the necessity to make electric motors and battery management systems function together without interruption.
๐๐ฎ๐ฒ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/checkout?id=6479&method=502
๐๐๐๐๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ซ๐๐ค๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
โ Aisin Corporation
โ Akebono Brake Industry Co. Ltd.
โ BorgWarner Inc.
โ Brembo S.p.A.
โ Continental AG
โ Haldex AB
โ HELLA GmbH & Co. KGaA (Faurecia SE)
โ Hitachi Ltd.
โ Hyundai Mobis Co. Ltd. (Hyundai Motor Group)
โ Knorr-Bremse AG
โ Performance Friction Corporation
โ Robert Bosch GmbH and ZF Friedrichshafen AG.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ซ๐๐ค๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐:
โ Disc Brakes
โ Drum Brakes
Disc brakes represent the largest segment. Disc brakes are favored for their superior heat dissipation and consistent braking performance, making them the most common choice for modern vehicles.
๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ:
โ Master Cylinder
โ Brake Pad
โ Calipers
โ Disc
โ Vacuum Servo Brake
โ Brake Drums
โ Others
Master cylinder accounts for the majority of the market share owing to its pivotal role in the braking system that generates hydraulic pressure to activate the brakes, making it essential for all braking systems and thus holding a significant market share.
๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
โ Anti-Lock Braking System (ABS)
โ Traction Control System (TCS)
โ Electronic Stability Control (ESC)
โ Electronic Brake Force Distribution (EBD)
Anti-lock braking system (ABS) exhibits a clear dominance in the market due to its capability to enhance vehicle control and safety by preventing wheel lockup during braking, making it a standard feature in modern vehicles and driving its dominant market position.
๐๐ฒ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ฒ๐ฉ๐:
โ Passenger Cars
โ Commercial Vehicles
Passenger cars hold the biggest market share as passenger cars make up the largest segment of the automotive market, driving the demand for braking systems tailored to a wide range of consumer vehicles.
๐๐ฒ ๐๐๐ฅ๐๐ฌ ๐๐ก๐๐ง๐ง๐๐ฅ:
โ Original Equipment Manufacturers (OEMs)
โ Aftermarket
Based on the sales channel, the market has been bifurcated into original equipment manufacturers (OEMs) and aftermarket.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ North America (United States, Canada)
โ Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ Latin America (Brazil, Mexico, Others)
โ Middle East and Africa
Asia Pacific enjoys the leading position in the automotive brake system market, with high vehicle production and sales volumes driving substantial demand for automotive brake systems in the region.
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/request?type=report&id=6479&flag=C
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ซ๐๐ค๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The growing use of electric and hybrid vehicles is driving demand for advanced braking technologies such as regenerative braking systems and brake-by-wire, which enhance energy efficiency and performance. The growing focus on vehicle safety is accelerating the development and integration of advanced braking technologies such as anti-lock braking systems (ABS), automatic emergency braking (AEB) and electronic stability control (ESC). The rise of autonomous and semi-autonomous vehicles is driving the development of sophisticated braking systems that work in conjunction with advanced driver assistance systems (ADAS) to improve safety and control.
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145ย
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