Market Overview:
The global vacuum pump brake 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% during the forecast period. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, the rising awareness about safety among consumers is also expected to boost the demand for vacuum pump brake systems in the coming years. On basis of type, mechanical type segment is anticipated to account for a larger share of global vacuum pump brake system market over next 10 years. This can be attributed to its low cost as compared electric type and better performance as compared with hydraulic brakes systems.
Product Definition:
The vacuum pump brake system is a braking system used in trains that uses the power of the locomotive's vacuum to create a vacuum in brake pipes leading to the carriages. This causes the air pressure inside the carriages to increase, which applies the brakes.
Mechanical Type:
The mechanical type is used to convert the rotary motion into linear one. It can be single or double acting. The most common types of mechanical types used in vacuum pump brake system are rod and piston, bladders and diaphragms, interrupter and clutch plate, screw pressurized systems & hand pumped systems.
Electric Type:
Electric type is used in vacuum pump brake system to act as a interrupter. It’s main function is to interrupt the current flow when the vacuum pump speed reduces below a set value. The electric type can be further classified into two types, namely normally closed and normally open.
In normally closed system, power factor corrector trips an electromechanical relay which causes current interruption.
Application Insights:
Passenger vehicle application was the dominant segment in terms of revenue share in 2017. The demand for vacuum brake systems for passenger vehicles is expected to increase owing to increasing sales of passenger cars and light commercial vehicles. Vacuum brake system is considered as a standard equipment on many modern cars and trucks, which makes it easy for consumers to accessorize their car with this essential safety device.
The European Commission has made an initiative towards making all new motor vehicles equipped with EBD (Electronic Brake Distribution) that will provide drivers with enhanced safety features including anti-lock braking system, traction control, and electronic stability control along with vacuum assisted parking brakes that are integrated into the door module.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing automotive production in countries, such as China, India, Japan and South Korea. Moreover, rising investments by governments for developing smart cities are anticipated to boost product demand in Asia Pacific.
The European market is projected to witness significant growth over the forecast period owing to stringent government regulations regarding vehicular emissions coupled with consumer awareness regarding environment protection. In addition, growing emphasis on fuel economy across various application segments will drive product demand further.
North America accounted for a major share of revenue generated by electric pump brakes system during 2017 due to high consumer preference towards energy conservation measures taken by regulatory bodies across U.S.
Growth Factors:
- Increasing demand for vacuum pump brake system in the automotive industry as it offers superior performance and safety.
- Growing popularity of electric vehicles which require vacuum pump brake system for efficient braking.
- Rising awareness about the benefits of vacuum pump brake system among consumers, leading to an increase in its adoption across different applications segments.
- Technological advancements that have led to the development of more efficient and reliable vacuum pump brake systems, thereby boosting market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Pump Brake System Market Research Report
By Type
Mechanical Type, Electric Type
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
HELLA, Aisin Seiki, Hyundai Mobis, Continnetal, TRW, Mando, Bosch, HUAYU, Nissin Kogyo, Hitachi, HELLA, Wanxiang, Zhejiang VIE, Zhejiang Jingke, FTE, APG, BWI Group
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Pump Brake System Market Report Segments:
The global Vacuum Pump Brake System market is segmented on the basis of:
Types
Mechanical Type, Electric Type
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 Vehicle, 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:
- HELLA
- Aisin Seiki
- Hyundai Mobis
- Continnetal
- TRW
- Mando
- Bosch
- HUAYU
- Nissin Kogyo
- Hitachi
- HELLA
- Wanxiang
- Zhejiang VIE
- Zhejiang Jingke
- FTE
- APG
- BWI Group
Highlights of The Vacuum Pump Brake 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:
- Mechanical Type
- Electric Type
- By Application:
- Passenger Vehicle
- 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 Vacuum Pump Brake 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?
A vacuum pump brake system is a type of braking system that uses a pump to create a vacuum to slow or stop the vehicle. This type of braking system is most commonly used on vehicles that are operated in dusty or dirty environments, such as construction sites and mines.
Some of the key players operating in the vacuum pump brake system market are HELLA, Aisin Seiki, Hyundai Mobis, Continnetal, TRW, Mando, Bosch, HUAYU, Nissin Kogyo, Hitachi, HELLA, Wanxiang, Zhejiang VIE, Zhejiang Jingke, FTE, APG, BWI Group.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vacuum Pump Brake 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 Vacuum Pump Brake System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum Pump Brake 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 Vacuum Pump Brake 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 Vacuum Pump Brake System Market Size & Forecast, 2018-2028
4.5.1 Vacuum Pump Brake System Market Size and Y-o-Y Growth
4.5.2 Vacuum Pump Brake System Market Absolute $ Opportunity
Chapter 5 Global Vacuum Pump Brake 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 Vacuum Pump Brake System Market Size Forecast by Type
5.2.1 Mechanical Type
5.2.2 Electric Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vacuum Pump Brake 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 Vacuum Pump Brake System Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum Pump Brake 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 Vacuum Pump Brake 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 Vacuum Pump Brake System Analysis and Forecast
9.1 Introduction
9.2 North America Vacuum Pump Brake 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 Vacuum Pump Brake System Market Size Forecast by Type
9.6.1 Mechanical Type
9.6.2 Electric Type
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 Vacuum Pump Brake System Market Size Forecast by Applications
9.10.1 Passenger Vehicle
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 Vacuum Pump Brake System Analysis and Forecast
10.1 Introduction
10.2 Europe Vacuum Pump Brake 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 Vacuum Pump Brake System Market Size Forecast by Type
10.6.1 Mechanical Type
10.6.2 Electric Type
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 Vacuum Pump Brake System Market Size Forecast by Applications
10.10.1 Passenger Vehicle
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 Vacuum Pump Brake System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vacuum Pump Brake 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 Vacuum Pump Brake System Market Size Forecast by Type
11.6.1 Mechanical Type
11.6.2 Electric Type
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 Vacuum Pump Brake System Market Size Forecast by Applications
11.10.1 Passenger Vehicle
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 Vacuum Pump Brake System Analysis and Forecast
12.1 Introduction
12.2 Latin America Vacuum Pump Brake 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 Vacuum Pump Brake System Market Size Forecast by Type
12.6.1 Mechanical Type
12.6.2 Electric Type
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 Vacuum Pump Brake System Market Size Forecast by Applications
12.10.1 Passenger Vehicle
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) Vacuum Pump Brake System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vacuum Pump Brake 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) Vacuum Pump Brake System Market Size Forecast by Type
13.6.1 Mechanical Type
13.6.2 Electric Type
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) Vacuum Pump Brake System Market Size Forecast by Applications
13.10.1 Passenger Vehicle
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 Vacuum Pump Brake System Market: Competitive Dashboard
14.2 Global Vacuum Pump Brake System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HELLA
14.3.2 Aisin Seiki
14.3.3 Hyundai Mobis
14.3.4 Continnetal
14.3.5 TRW
14.3.6 Mando
14.3.7 Bosch
14.3.8 HUAYU
14.3.9 Nissin Kogyo
14.3.10 Hitachi
14.3.11 HELLA
14.3.12 Wanxiang
14.3.13 Zhejiang VIE
14.3.14 Zhejiang Jingke
14.3.15 FTE
14.3.16 APG
14.3.17 BWI Group
