Market Overview:
The global off-road vehicle braking system 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%. The market growth can be attributed to the increasing demand for all-terrain vehicles and off-road vehicles across the globe. Two-wheel braking systems are expected to dominate the global off-road vehicle braking system market, owing to their low cost and easy installation. However, four-wheel braking systems are anticipated to grow at a higher rate during the forecast period as they offer better stability and control over the vehicle. Highway off-road vehicles are expected to account for a major share of the global off road brake system market in terms of volume due its growing popularity among consumers across developed countries such as U.S., Canada, Germany, France, Italy etc.
Product Definition:
An off-road vehicle braking system is a set of components that slows or stops the motion of an off-road vehicle. This system includes brake pedals, brake fluid, brake lines, brake pads, and rotors. The importance of this system is to ensure the safety of the driver and passengers while operating an off-road vehicle.
Two-Wheel Braking System:
The two-wheel braking system is a safety device used to decrease the speed of the vehicle. It's major application is in off-road vehicles such as four wheel drive (4WD) and all-wheel drive (AWD). The two wheel braking system market has been witnessing significant growth over the past few years, owing to increasing demand for high performance AWD vehicles.
Four-Wheel Braking System:
The four-wheel braking system is a technology that enables better traction and control of vehicles when applied by the brakes. It helps in preventing skidding of tires, which can lead to loss of vehicle control. Four-wheel braking systems are used in all types off road vehicles including trucks, buses, sports utility vehicles (SUV), and luxury cars among others for enhanced safety during accidents or while applying the breaks quickly.
Application Insights:
The highway off-road vehicle braking system segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Growing demand for advanced safety systems on highways, which help avoid rear-end accidents, is expected to drive the growth of this segment over the coming years.
Highway vehicles are majorly used for transportation of goods across international border by roadways owing to their ability to travel long distances without facing delays due to port constraints along with low maintenance cost and reduced emissions are anticipated to further augment their demand in off-road vehicle braking systems market during future period.
Mountain off-road vehicles such as trucks, mini buses.
Regional Analysis:
Asia Pacific is estimated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for off-roaders in countries, such as China and India. In 2016, Asia Pacific accounted for a share of more than 60% of global off-road vehicle production owing to low production costs and easy availability of raw materials in these countries. Moreover, rising disposable income levels are expected to fuel the product demand further over the next eight years.
Growth Factors:
- Increasing demand for off-road vehicles
- Technological advancements in braking systems
- Growing awareness about safety and security features of braking systems
- Rising disposable income of consumers globally
- Proliferation of online retail platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
Off-road Vehicle Braking System Market Research Report
By Type
Two-Wheel Braking System, Four-Wheel Braking System
By Application
Highway Off-road Vehicle, Mountain Off-road Vehicle, All-terrain Off-road Vehicle
By Companies
AISIN SEIKI, Brembo, Continental, Nissin Kogyo, Wilwood Engineering, ZF Friedrichshafen
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Off-road Vehicle Braking System Market Report Segments:
The global Off-road Vehicle Braking System market is segmented on the basis of:
Types
Two-Wheel Braking System, Four-Wheel Braking 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
Highway Off-road Vehicle, Mountain Off-road Vehicle, All-terrain Off-road 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:
- AISIN SEIKI
- Brembo
- Continental
- Nissin Kogyo
- Wilwood Engineering
- ZF Friedrichshafen
Highlights of The Off-road Vehicle Braking System 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:
- Two-Wheel Braking System
- Four-Wheel Braking System
- By Application:
- Highway Off-road Vehicle
- Mountain Off-road Vehicle
- All-terrain Off-road 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 Off-road Vehicle Braking System 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?
An off-road vehicle braking system is a safety feature that helps prevent the vehicle from rolling over in difficult terrain. The system uses hydraulic pressure to slow or stop the vehicle.
Some of the major companies in the off-road vehicle braking system market are AISIN SEIKI, Brembo, Continental, Nissin Kogyo, Wilwood Engineering, ZF Friedrichshafen.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Off-road Vehicle Braking System 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 Off-road Vehicle Braking System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Off-road Vehicle Braking System 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 Off-road Vehicle Braking System 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 Off-road Vehicle Braking System Market Size & Forecast, 2018-2028
4.5.1 Off-road Vehicle Braking System Market Size and Y-o-Y Growth
4.5.2 Off-road Vehicle Braking System Market Absolute $ Opportunity
Chapter 5 Global Off-road Vehicle Braking System 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 Off-road Vehicle Braking System Market Size Forecast by Type
5.2.1 Two-Wheel Braking System
5.2.2 Four-Wheel Braking System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Off-road Vehicle Braking System 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 Off-road Vehicle Braking System Market Size Forecast by Applications
6.2.1 Highway Off-road Vehicle
6.2.2 Mountain Off-road Vehicle
6.2.3 All-terrain Off-road Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Off-road Vehicle Braking System 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 Off-road Vehicle Braking System 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 Off-road Vehicle Braking System Analysis and Forecast
9.1 Introduction
9.2 North America Off-road Vehicle Braking System 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 Off-road Vehicle Braking System Market Size Forecast by Type
9.6.1 Two-Wheel Braking System
9.6.2 Four-Wheel Braking System
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 Off-road Vehicle Braking System Market Size Forecast by Applications
9.10.1 Highway Off-road Vehicle
9.10.2 Mountain Off-road Vehicle
9.10.3 All-terrain Off-road 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 Off-road Vehicle Braking System Analysis and Forecast
10.1 Introduction
10.2 Europe Off-road Vehicle Braking System 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 Off-road Vehicle Braking System Market Size Forecast by Type
10.6.1 Two-Wheel Braking System
10.6.2 Four-Wheel Braking System
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 Off-road Vehicle Braking System Market Size Forecast by Applications
10.10.1 Highway Off-road Vehicle
10.10.2 Mountain Off-road Vehicle
10.10.3 All-terrain Off-road 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 Off-road Vehicle Braking System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Off-road Vehicle Braking System 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 Off-road Vehicle Braking System Market Size Forecast by Type
11.6.1 Two-Wheel Braking System
11.6.2 Four-Wheel Braking System
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 Off-road Vehicle Braking System Market Size Forecast by Applications
11.10.1 Highway Off-road Vehicle
11.10.2 Mountain Off-road Vehicle
11.10.3 All-terrain Off-road 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 Off-road Vehicle Braking System Analysis and Forecast
12.1 Introduction
12.2 Latin America Off-road Vehicle Braking System 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 Off-road Vehicle Braking System Market Size Forecast by Type
12.6.1 Two-Wheel Braking System
12.6.2 Four-Wheel Braking System
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 Off-road Vehicle Braking System Market Size Forecast by Applications
12.10.1 Highway Off-road Vehicle
12.10.2 Mountain Off-road Vehicle
12.10.3 All-terrain Off-road 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) Off-road Vehicle Braking System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Off-road Vehicle Braking System 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) Off-road Vehicle Braking System Market Size Forecast by Type
13.6.1 Two-Wheel Braking System
13.6.2 Four-Wheel Braking System
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) Off-road Vehicle Braking System Market Size Forecast by Applications
13.10.1 Highway Off-road Vehicle
13.10.2 Mountain Off-road Vehicle
13.10.3 All-terrain Off-road 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 Off-road Vehicle Braking System Market: Competitive Dashboard
14.2 Global Off-road Vehicle Braking System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AISIN SEIKI
14.3.2 Brembo
14.3.3 Continental
14.3.4 Nissin Kogyo
14.3.5 Wilwood Engineering
14.3.6 ZF Friedrichshafen
