Press release
Commercial Vehicle Foundation Brakes Market Projected to Grow Steadily During 2017 - 2027
Increasing population, industrial activity and the ensuing rise in demand for transportation are creating an idiosyncratic opportunity for the global commercial vehicle foundation brake market. Additionally, the steady rise in logistics, development of road infrastructure and distribution & public transportation are also spurring the global commercial vehicle foundation brakes market. A foundation brake is an assembly of brake components, such as calipers, rotors, drums, vacuum boosters and master cylinders, spring actuators and mechanical brake mechanism, which includes the brake shoes & friction material. This assembly is mounted around the wheels to operate the braking system, particularly in an air brake system.
The s-cam drum brake is the most popular kind of foundation brake. It is a drum brake that utilizes linkage and air brake chambers to perform the braking operation in a vehicle. On the flip side, the disc brake is also gaining significant traction in foundation brakes, in which the rotor is partially visible, owing to the fact that the wheel, caliper and dust shield usually cover a part of it. Furthermore, the wedge air brake system is a type of drum brake that encompasses brake shoes and brake drums without exposed brake linkage. Wedge air brakes have a self-adjusting mechanism. Flexibility and low operational cost remain the prime focus of key manufacturers in the global commercial vehicle foundation brakes market. It is anticipated that the global commercial vehicle foundation brakes market will grow with a remarkable CAGR during the forecast period.
Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5949
Commercial Vehicle Foundation Brakes Market: Dynamics
Globalization of vehicle concepts, rising transportation infrastructure and increasing demand for food trucks, refrigerated vehicles and improved safety features in commercial vehicle are expected to embellish the global commercial vehicle foundation brakes market by the end of 2027. Moreover, National Green Tribunal (NGT's) push on replacement of old diesel vehicles along with government regulations for modernization program are expected to trigger the global commercial vehicle foundation brakes market during the forecast period.
Government regulations pertaining to vehicle length and overloading norms are expected to hinder the global commercial vehicle foundation brakes market during the forecast period. Incipient trends, such as increasing luxury buses and emerging advanced technology, such as ABS (Anti-lock brake system), electronic systems and ASR (Automatic traction control system) for safer driving are estimated to drive the future of this market.
Commercial Vehicle Foundation Brakes Market: Segmentation
The global commercial vehicle foundation brakes market can be segmented on the basis of product type, commercial vehicle type and sales channels.
The global commercial vehicle foundation brakes market can be segmented on the basis of product type as:
S-Cam Brakes
Disc Brakes
Wedge Brakes
The global commercial vehicle foundation brakes market can be segmented on the basis of commercial vehicle type as:
Light Commercial Vehicle (LCV)
Vans
Others
Medium Commercial Vehicle (MCV)
Travel trailers
Box trucks
Semi-trucks
Heavy Commercial Vehicle (HCV)
Trucks
Buses
Trailers
Other
The global commercial vehicle foundation brakes market can be segmented on the basis of sales channels as:
OEMs
Aftermarket
Commercial Vehicle Foundation Brakes Market: Regional Outlook
Increasing demand for transportation of goods and passengers is giving impetus to the market and triggering a wave for the manufacturing of commercial vehicles in Asia Pacific. It is anticipated that North America is gaining significant traction in the global commercial vehicle foundation brakes market, owing to the increasing demand for medium commercial vehicles (Classes 4 to 7). In Europe, light and medium commercial vehicles are also attaining high traction in comparison to heavy commercial vehicles, owing to the stringent government regulations pertaining to the replacement of old heavy trucks. It has been observed that over the past few years, the export of goods has been declining; subsequently, it is anticipated that this factor may play a critical role in hindering the growth of heavy commercial vehicles during the forecast period. In MEA, OEM’s sales channels are expected to grow with significant CAGRs. Increasing tourism activity, particularly in Egypt and Morocco may give added impetus to transportation as well as the global commercial vehicle foundation brakes market during the forecast period.
Visit For TOC@ https://www.futuremarketinsights.com/toc/rep-gb-5949
Commercial Vehicle Foundation Brakes Market: Key Participants
The key participants of the global commercial vehicle foundation brakes markets are:
Robert Bosch GmbH
Akebono Brake Corporation
Continental AG
Knorr-Bremse AG
MASU BRAKES PVT LTD
R M Brake Dicss & Drum
Mando Corporation
KNOTT
Nabtesco Automotive Corporation
HOV AUTO LTD
SilverBack HD
Tata AutoComp Systems Ltd.
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
Future Market Insights
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: http.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 Commercial Vehicle Foundation Brakes Market Projected to Grow Steadily During 2017 - 2027 here
News-ID: 924533 • Views: …
More Releases from Future Market Insights
Extruded Snacks Market to Reach USD 170.3 Billion by 2035 Amid Health and Conven …
A new market analysis released today projects the global extruded snacks market to surge from an estimated USD 89.9 billion in 2025 to USD 170.3 billion by 2035, demonstrating a robust Compound Annual Growth Rate (CAGR) of 6.6%. The market is set to deliver an impressive absolute dollar opportunity of USD 80.4 billion over the forecast period, driven by a global consumer shift towards convenient, shelf-stable, and healthier snack options.
The…
Global Banana Flakes Market Soars to USD 876.1 million by 2035, Driven by Health …
A new market analysis reveals the global banana flakes market is set to expand significantly, projecting a robust Compound Annual Growth Rate (CAGR) of 4.6% from 2025 to 2035. The market, valued at USD 559.6 million in 2025, is forecast to reach USD 876.1 million by 2035, fueled by a rising consumer preference for natural, gluten-free, and plant-based ingredients in daily food choices.
This press release offers a detailed look into…
Confectionery Fillings Market Sweetens Global Outlook, Projected to Reach USD 2. …
The global confectionery fillings market is poised for significant growth, with a new market analysis revealing a robust expansion fueled by a surge in consumer demand for innovative flavors and indulgent textures. According to the analysis, the market is estimated at USD 1381.2 million in 2025 and is projected to reach USD 2207.4 million by 2035, exhibiting a healthy compound annual growth rate (CAGR) of 4.8% during the forecast period.
The…
Water Softener Market to Skyrocket to USD 8.7 Billion by 2035, Driven by Smart T …
A new market analysis reveals the global water softener market is poised for significant expansion, with a forecasted value of USD 8.7 billion by 2035. The report, covering the period from 2025 to 2035, projects a robust Compound Annual Growth Rate (CAGR) of 8.3%, up from an estimated USD 3.9 billion valuation in 2025. This surge is fueled by a combination of factors, including increasing consumer awareness of hard water's…
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…
