Press release
Global Automotive Braking System Market Become Dominant At CAGR Of 2.88% By 2021
About Automotive Braking System
An automotive braking system is a group of hydraulic, electronic, and mechanical components actively used to stop a moving vehicle. The braking system in a vehicle converts the kinetic energy of the wheels into thermal energy produced by the brake thus stopping the vehicle. The speed of a vehicle is inversely proportional to the friction applied on the vehicle, which in turn is directly proportional to the braking of the vehicle.
Technavios analysts forecast the global automotive braking system market to grow at a CAGR of 2.88% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global automotive braking system market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive Braking System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Bosch
Continental
ZF Friedrichshafen
WABCO
Brembo
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Other prominent vendors
DENSO
Bendix
Jiaozuo Brake
Nissin Brake
Federal-Mogul Motorparts
Market driver
Increasing demand for safety measures to reduce accidental injuries
For a full, detailed list, view our report
Market challenge
High dependency on advanced systems leading toward unreliability over these systems
For a full, detailed list, view our report
Market trend
Integration of air disc brakes in commercial vehicles
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Definition and functions
Types of braking systems
Types of brake actuation systems
Product life cycle of brake actuation systems
Government regulations on braking systems
Value Chain Analysis
Key highlights of the global automotive braking system market
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by braking types
The global automotive braking system market based on type of braking system
PART 07: Market segmentation by vehicle types
The global automotive braking system market based on types of vehicles
PART 08: Geographical segmentation
Geographic segmentation of the automotive braking system market
PART 09: Decision framework
PART 10: Drivers and challenges
Market Drivers
Market challenges
PART 11: Market trends
PART 12: Vendor landscape
Competitive benchmarking
Other prominent vendors
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