Market Overview:
The global brake master cylinders and parts market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The brake master cylinders and parts market is segmented on the basis of type, application, and region. On the basis of type, the brake master cylinders and parts market has been segmented into OEMs and aftermarket. The OEMs segment is expected to account for a larger share of the global brake master cylinders and parts market in 2018. However, the aftermarket segment is projected to register higher growth rates during the forecast period owing to increasing demand for replacement products from end-users across regions.
Product Definition:
A brake master cylinder is a hydraulic device that transmits pressure from the driver's foot pedal to the brake fluid in the vehicle's braking system. It is located near the driver's seat and is typically cylindrical in shape. The brake master cylinder contains one or more pistons that push against the brake fluid, causing it to be forced through tubes and hoses to the brakes at each wheel. This action creates friction between the braking surfaces of the pads or shoes and drum or rotor, which slows or stops rotation of the wheel.
OEMs:
OEMs are the manufacturer's designation for the part that is supplied by them and used in their product. It stands for Original Equipment Manufacturers. Usage of OEMs has been increasing over time as they provide better quality parts at a cheaper price, have efficient customer service support, and offer after-sale services. The growth factor of this market is due to growing demand from end-users which include automotive manufacturers & original equipment manufacturers (OEM).
Aftermarket:
The aftermarket is the secondary market of the supply chain that refers to all sales of goods and services made by a company to customers after its primary production has taken place. The term also applies to the market for replacement parts for consumer durable goods such as cars, refrigerators, washing machines, etc. In automotive terms, it means selling or distributing automobiles and their spare parts (accessories) other than that which is covered under warranty by Original Equipment Manufacturers (OEMs).
Application Insights:
The commercial vehicle segment dominated the global market in 2017. The growth can be attributed to the increasing demand for brake master cylinders from various commercial vehicles such as trucks, busses and coaches. These vehicles have a large windshield area which requires a large brake master cylinder so that adequate braking can be performed by all wheels on account of safety and security reasons. Furthermore, these vehicles travel long-distance frequently which requires proper maintenance of vehicle components including tires, roads and other infrastructure along with driver comfort. Thus, increasing demand for commercial vehicles is expected to drive the product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of prominent OEMs such as Toyota, Honda, Nissan and Mazda in this region has led to a high demand for these devices. Furthermore, countries such as India are witnessing an increasing number of accidents due to brake failure or system malfunction. This factor is anticipated to boost product demand over the forecast period.
North America accounted for a significant share of revenue in 2017 owing to growing vehicle production by prominent manufacturers including Ford Motors Company; General Motors Company; Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand for brake master cylinders and parts from the automotive industry as a result of the increasing production of vehicles.
- Growing demand for brake systems in electric and hybrid vehicles to meet stringent emission norms.
- Rising awareness about safety among consumers, which is driving the demand for advanced braking systems in passenger cars and commercial vehicles alike.
- Technological advancements in brake master cylinders and parts that are resulting in improved performance, efficiency, and durability of these components 5 Increased adoption of ABS (anti-lock braking system) globally due to its ability to improve vehicle safety by preventing wheel lock-up during emergency braking situations
Scope Of The Report
Report Attributes
Report Details
Report Title
Brake Master Cylinders and Parts Market Research Report
By Type
OEMs, Aftermarket
By Application
Passenger Car, Commercial Vehicle
By Companies
ACDelco, Girling, Yulian, Berger Holding, Mando, Cardone, TRW, Dongqi, Continental AG, Meritor Wabco, Aisin, Bosch, Cifam
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Brake Master Cylinders and Parts Market Report Segments:
The global Brake Master Cylinders and Parts market is segmented on the basis of:
Types
OEMs, Aftermarket
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ACDelco
- Girling
- Yulian
- Berger Holding
- Mando
- Cardone
- TRW
- Dongqi
- Continental AG
- Meritor Wabco
- Aisin
- Bosch
- Cifam
Highlights of The Brake Master Cylinders and Parts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OEMs
- Aftermarket
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Brake Master Cylinders and Parts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Brake master cylinders are the hydraulic components that control the braking system in a car. They contain pistons and valves that allow pressurized fluid to flow to and from the brake calipers, which in turn stops or slows the car. Brake parts include pads, rotors, and discs.
Some of the major players in the brake master cylinders and parts market are ACDelco, Girling, Yulian, Berger Holding, Mando, Cardone, TRW, Dongqi, Continental AG, Meritor Wabco, Aisin, Bosch, Cifam.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brake Master Cylinders and Parts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Brake Master Cylinders and Parts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brake Master Cylinders and Parts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Brake Master Cylinders and Parts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Brake Master Cylinders and Parts Market Size & Forecast, 2018-2028
4.5.1 Brake Master Cylinders and Parts Market Size and Y-o-Y Growth
4.5.2 Brake Master Cylinders and Parts Market Absolute $ Opportunity
Chapter 5 Global Brake Master Cylinders and Parts Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Brake Master Cylinders and Parts Market Size Forecast by Type
5.2.1 OEMs
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Brake Master Cylinders and Parts Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Brake Master Cylinders and Parts Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brake Master Cylinders and Parts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Brake Master Cylinders and Parts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Brake Master Cylinders and Parts Analysis and Forecast
9.1 Introduction
9.2 North America Brake Master Cylinders and Parts Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Brake Master Cylinders and Parts Market Size Forecast by Type
9.6.1 OEMs
9.6.2 Aftermarket
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Brake Master Cylinders and Parts Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Brake Master Cylinders and Parts Analysis and Forecast
10.1 Introduction
10.2 Europe Brake Master Cylinders and Parts Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Brake Master Cylinders and Parts Market Size Forecast by Type
10.6.1 OEMs
10.6.2 Aftermarket
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Brake Master Cylinders and Parts Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Brake Master Cylinders and Parts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Brake Master Cylinders and Parts Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Brake Master Cylinders and Parts Market Size Forecast by Type
11.6.1 OEMs
11.6.2 Aftermarket
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Brake Master Cylinders and Parts Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Brake Master Cylinders and Parts Analysis and Forecast
12.1 Introduction
12.2 Latin America Brake Master Cylinders and Parts Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Brake Master Cylinders and Parts Market Size Forecast by Type
12.6.1 OEMs
12.6.2 Aftermarket
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Brake Master Cylinders and Parts Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Brake Master Cylinders and Parts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Brake Master Cylinders and Parts Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Brake Master Cylinders and Parts Market Size Forecast by Type
13.6.1 OEMs
13.6.2 Aftermarket
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Brake Master Cylinders and Parts Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Brake Master Cylinders and Parts Market: Competitive Dashboard
14.2 Global Brake Master Cylinders and Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ACDelco
14.3.2 Girling
14.3.3 Yulian
14.3.4 Berger Holding
14.3.5 Mando
14.3.6 Cardone
14.3.7 TRW
14.3.8 Dongqi
14.3.9 Continental AG
14.3.10 Meritor Wabco
14.3.11 Aisin
14.3.12 Bosch
14.3.13 Cifam
