Global Integrated Brake Control(IBC) Market by Type (Full Electronic Brake Control, Regenerative System), By Application (Vehicles, Metro, EMU, DMU) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global integrated brake control (IBC) market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the IBC market can be attributed to the increasing demand for vehicles and public transportation, such as metros and EMUs, across the globe. Additionally, the increasing focus on safety by regulatory authorities is also propelling the growth of this market. The full electronic brake control segment is expected to hold a dominant position in the IBC market during the forecast period. This segment is projected to grow at a CAGR of 7% from 2018 to 2030 due to its ability to provide enhanced braking performance and safety features compared with other types of brake controls available in the market.



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Product Definition:

Integrated Brake Control (IBC) is a system that links the braking of all the axles on a vehicle to allow for more efficient braking. This system can be used in conjunction with ABS, traction control, and stability control systems. The main benefit of using IBC is that it allows for more even distribution of braking force across all the axles, which leads to shorter stopping distances and improved handling.

Full Electronic Brake Control:

Full Electronic Brake Control (EBC) is a safety feature that enables the driver to control all four wheels with one brake lever. It provides better driving safety by enabling the vehicle to slow down gradually instead of applying sudden brakes, which can lead to skidding and sliding. The full-electric type is usually operated through the central console or dashboard panel.

The global Integrated Brake Control (IBC) market was valued at USD 6,500 million in 2016.

Regenerative System:

Regenerative system is a power generating system which charges the battery during braking and uses the energy stored in it to generate electricity. It helps in increasing the range of electric vehicles by making driving easier and more efficient. Regenerative braking systems are used for reducing fuel consumption, thus reducing emissions from vehicles.

Application Insights:

Based on application, the market has been segmented into vehicles, metro, EMU/DMU and others. Vehicles include passenger cars as well as light commercial vehicles (LCVs). The metro segment held a major share in 2015 owing to increasing number of passengers traveling by rail. IBC is integrated with train protection system which enables automatic brake application if the driver does not apply sufficient pressure on the pedal. Regenerative braking system integration is expected to gain significant traction over the forecast period due to declining prices of lithium-ion batteries and rising fuel economy of hybrid electric vehicles.

The metro segment is projected register notable growth over the forecast period owing to growing urbanization in developing countries such as India, China and Brazil resulting in increased railway construction spending by these governments across these regions. Furthermore, introduction of regenerative braking systems by manufacturers such as Siemens AG., Alstom SNCF Benelux NV., Bombardier Inc., Hyundai Heavy Industries Ltd.

Regional Analysis:

Europe dominated the global market in terms of revenue share in 2017. The regional market will expand further at a steady CAGR from 2018 to 2030 owing to increasing investments by governments for rail infrastructure development and adoption of regenerative braking systems on trains. Moreover, stringent government regulations regarding carbon emissions and implementation of strict air quality standards are expected to drive the demand for clean energy sources, such as electricity storage and braking systems, which is likely to benefit the regional market growth over the forecast period.

Asia Pacific is projected to witness significant growth over the coming years due its developing manufacturing industry coupled with growing automotive production sector in countries such as China, India Japan South Korea Taiwan etc., In addition, rising disposable income levels among consumers are anticipated boost passenger car sales across these economies thereby driving IBC demand.

Growth Factors:

Increasing demand for safety and security in vehicles
Growing awareness about the benefits of IBC systems
Technological advancements in brake control systems
Stringent government regulations for vehicle safety standards
Rising demand from emerging markets


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Scope Of The Report
Report Attributes
Report Details
Report Title
Integrated Brake Control(IBC) Market Research Report
By Type
Full Electronic Brake Control, Regenerative System
By Application
Vehicles, Metro, EMU, DMU
By Companies
ZF Friedrichshafen AG, Wabtec Corporation, Ford, Toyota
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.

Global Integrated Brake Control(IBC) Market Report Segments:
The global Integrated Brake Control(IBC) market is segmented on the basis of:
Types
Full Electronic Brake Control, Regenerative System
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
Vehicles, Metro, EMU, DMU
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:
ZF Friedrichshafen AG
Wabtec Corporation
Ford
Toyota



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Highlights of The Integrated Brake Control(IBC) 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:
Full Electronic Brake Control
Regenerative System
By Application:
Vehicles
Metro
EMU
DMU
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 Integrated Brake Control(IBC) 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

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