Market Overview:
The global brake yoke market is estimated to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, the growing awareness about safety features in vehicles is also expected to drive the growth of this market during the forecast period. The global brake yoke market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into carbon steel, forged steel, and other types. The carbon steel segment is expected to hold a major share in this market owing to its low cost and high strength properties as compared to other types of materials used for manufacturing brake yokes. On the basis of application, it can be classified into passenger vehicles, commercial vehicles,, and others segments such as agricultural equipment & construction equipment etc.). Passenger Vehicles are anticipated witness highest CAGR over next 10 years owing stringent emission norms by regulatory agencies across different geographies followed by Commercial Vehicles which are currently dominating Global Brake Yoke Market with more than 60% Market Share . Asia Pacific excluding Japan (APEJ) region is anticipated witness highest CAGR over next 10 years due rapid industrialization & urbanization coupled with rising disposable income levels in countries such as China & India .
Product Definition:
The brake yoke is a component of the braking system that attaches to the brake pedal and transfers force from the pedal to the brake shoes or pads. The yoke is typically made of metal and has two arms that extend out to either side, each with a connector for attaching to the brake shoes or pads. The yoke helps ensure even pressure is applied to both brakes, which helps stop the vehicle more effectively.
Carbon Steel:
Carbon steel is one of the forms of steel. It has a carbon content between 0.2 and 5 percent by weight, depending on the grade.
Forged steel:
Brake yoke is a component that is used in automotive to provide resistance against the force that act on the brake pedal. The material of which it is manufactured should have certain properties such as ductility, malleability and strength. Forged steel has all these characteristics hence it’s forged steel products are widely used in manufacturing of brake yoke.
Application Insights:
Passenger vehicles segment accounted for the largest share in the global market and is anticipated to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of passenger cars, especially in emerging economies such as China, India and Brazil. Furthermore, stringent government regulations regarding safety are expected to drive product demand in this application segment over the coming years.
Commercial Vehicles segment held a significant share in 2017 and is projected to expand at a steady CAGR from 2018 to 2030 owingto rising demand for trucks across various industries including mining, construction and transportation among others. In addition, high average lifespan of commercial vehicles coupled with requirement of brake parts replacement cycle will boost industry growth during the forecast period (2018-2030).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest automotive markets such as China, India, Japan and South Korea. Increasing per capita income levels coupled with rapid urbanization across these countries has resulted in increased sales of passenger cars and light commercial vehicles. This trend is projected to continue driving regional growth over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to stringent regulations laid down by governing bodies such as European Road Safety Observatory (ERSO) regarding road safety measures including driver distraction technologies such as Brake Yoke Systems.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in brake yoke systems
- Stringent government regulations for vehicle safety standards
- Growing awareness about the benefits of brake yokes among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Brake Yoke Market Research Report
By Type
Carbon Steel, Forged steel, Other
By Application
Passenger Vehicles, Commercial Vehicles, Other
By Companies
Bosch, Continental, TRW, ADVICS, Hyundai Mobis, Mando, Wabco, Knorr-Bremse, Hitachi, Nissin Kogyo, Bosch, Wanxiang, APG, Kormee, Dongfeng Electronic, Guangzhou Sivco
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Brake Yoke Market Report Segments:
The global Brake Yoke market is segmented on the basis of:
Types
Carbon Steel, Forged steel, Other
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 Vehicles, Commercial Vehicles, Other
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:
- Bosch
- Continental
- TRW
- ADVICS
- Hyundai Mobis
- Mando
- Wabco
- Knorr-Bremse
- Hitachi
- Nissin Kogyo
- Bosch
- Wanxiang
- APG
- Kormee
- Dongfeng Electronic
- Guangzhou Sivco
Highlights of The Brake Yoke 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:
- Carbon Steel
- Forged steel
- Other
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- Other
- 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 Yoke 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?
The brake yoke is a metal or plastic device that attaches to the front of a bicycle, motorcycle, or other vehicle and helps to control the speed and direction of travel.
Some of the key players operating in the brake yoke market are Bosch, Continental, TRW, ADVICS, Hyundai Mobis, Mando, Wabco, Knorr-Bremse, Hitachi, Nissin Kogyo, Bosch, Wanxiang, APG, Kormee, Dongfeng Electronic, Guangzhou Sivco.
The brake yoke market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brake Yoke 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 Yoke Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brake Yoke 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 Yoke 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 Yoke Market Size & Forecast, 2018-2028
4.5.1 Brake Yoke Market Size and Y-o-Y Growth
4.5.2 Brake Yoke Market Absolute $ Opportunity
Chapter 5 Global Brake Yoke 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 Yoke Market Size Forecast by Type
5.2.1 Carbon Steel
5.2.2 Forged steel
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Brake Yoke 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 Yoke Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicles
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brake Yoke 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 Yoke 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 Yoke Analysis and Forecast
9.1 Introduction
9.2 North America Brake Yoke 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 Yoke Market Size Forecast by Type
9.6.1 Carbon Steel
9.6.2 Forged steel
9.6.3 Other
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 Yoke Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Commercial Vehicles
9.10.3 Other
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 Yoke Analysis and Forecast
10.1 Introduction
10.2 Europe Brake Yoke 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 Yoke Market Size Forecast by Type
10.6.1 Carbon Steel
10.6.2 Forged steel
10.6.3 Other
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 Yoke Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Commercial Vehicles
10.10.3 Other
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 Yoke Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Brake Yoke 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 Yoke Market Size Forecast by Type
11.6.1 Carbon Steel
11.6.2 Forged steel
11.6.3 Other
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 Yoke Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Commercial Vehicles
11.10.3 Other
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 Yoke Analysis and Forecast
12.1 Introduction
12.2 Latin America Brake Yoke 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 Yoke Market Size Forecast by Type
12.6.1 Carbon Steel
12.6.2 Forged steel
12.6.3 Other
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 Yoke Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Commercial Vehicles
12.10.3 Other
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 Yoke Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Brake Yoke 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 Yoke Market Size Forecast by Type
13.6.1 Carbon Steel
13.6.2 Forged steel
13.6.3 Other
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 Yoke Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Commercial Vehicles
13.10.3 Other
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 Yoke Market: Competitive Dashboard
14.2 Global Brake Yoke Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Continental
14.3.3 TRW
14.3.4 ADVICS
14.3.5 Hyundai Mobis
14.3.6 Mando
14.3.7 Wabco
14.3.8 Knorr-Bremse
14.3.9 Hitachi
14.3.10 Nissin Kogyo
14.3.11 Bosch
14.3.12 Wanxiang
14.3.13 APG
14.3.14 Kormee
14.3.15 Dongfeng Electronic
14.3.16 Guangzhou Sivco
