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Automotive Brake System Market Is Expected to Reach USD 76.3 Billion by 2033, Grow at a CAGR Of 4.25%

01-27-2025 10:00 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Automotive Brake System Market

Automotive Brake System Market

IMARC Group's report titled "๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐๐ซ๐š๐ค๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž (๐ƒ๐ข๐ฌ๐œ ๐๐ซ๐š๐ค๐ž๐ฌ, ๐ƒ๐ซ๐ฎ๐ฆ ๐๐ซ๐š๐ค๐ž๐ฌ), ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ (๐Œ๐š๐ฌ๐ญ๐ž๐ซ ๐‚๐ฒ๐ฅ๐ข๐ง๐๐ž๐ซ, ๐๐ซ๐š๐ค๐ž ๐๐š๐, ๐‚๐š๐ฅ๐ข๐ฉ๐ž๐ซ๐ฌ, ๐ƒ๐ข๐ฌ๐œ, ๐•๐š๐œ๐ฎ๐ฎ๐ฆ ๐’๐ž๐ซ๐ฏ๐จ ๐๐ซ๐š๐ค๐ž, ๐๐ซ๐š๐ค๐ž ๐ƒ๐ซ๐ฎ๐ฆ๐ฌ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ (๐€๐ง๐ญ๐ข-๐‹๐จ๐œ๐ค ๐๐ซ๐š๐ค๐ข๐ง๐  ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ (๐€๐๐’), ๐“๐ซ๐š๐œ๐ญ๐ข๐จ๐ง ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ (๐“๐‚๐’), ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ ๐’๐ญ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ (๐„๐’๐‚), ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ ๐๐ซ๐š๐ค๐ž ๐…๐จ๐ซ๐œ๐ž ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง (๐„๐๐ƒ)), ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐“๐ฒ๐ฉ๐ž (๐๐š๐ฌ๐ฌ๐ž๐ง๐ ๐ž๐ซ ๐‚๐š๐ซ๐ฌ, ๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ), ๐’๐š๐ฅ๐ž๐ฌ ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ (๐Ž๐ซ๐ข๐ ๐ข๐ง๐š๐ฅ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ (๐Ž๐„๐Œ๐ฌ), ๐€๐Ÿ๐ญ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘". 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.

๐†๐ซ๐š๐› ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/automotive-brake-system-market/requestsample

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐๐ซ๐š๐ค๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ— ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ ๐’๐š๐Ÿ๐ž๐ญ๐ฒ ๐’๐ญ๐š๐ง๐๐š๐ซ๐๐ฌ:

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— ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ:

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— ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐Ÿ๐ข๐œ๐š๐ญ๐ข๐จ๐ง:

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.

๐๐ฎ๐ฒ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/checkout?id=6479&method=502

๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐๐ซ๐š๐ค๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

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.

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐๐ซ๐š๐ค๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐“๐ฒ๐ฉ๐ž:

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.

๐๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ:

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.

๐๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:

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.

๐๐ฒ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐“๐ฒ๐ฉ๐ž:

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.

๐๐ฒ ๐’๐š๐ฅ๐ž๐ฌ ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:

โ— Original Equipment Manufacturers (OEMs)
โ— Aftermarket

Based on the sales channel, the market has been bifurcated into original equipment manufacturers (OEMs) and aftermarket.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

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.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/request?type=report&id=6479&flag=C

๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐๐ซ๐š๐ค๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

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.

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

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.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

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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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. Theโ€ฆ
Brake System Market : Disc Brake, Drum Brake, Hydrostatic Brake, Hydraulic Wet B โ€ฆ
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, andโ€ฆ