Market Overview:
The global pneumatic brakes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for pneumatic brakes in automotive and machinery & equipment applications. Additionally, the growing demand for electronic products is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period, followed by Europe and North America.
Product Definition:
Pneumatic brakes are a type of friction brake that use compressed air to create the braking force. They are used extensively on both road and rail vehicles.
Shaft Pneumatic Brakes:
Shaft pneumatic brakes are used to control the speed of a machine or vehicle. It is an air brake system that is mounted on the driven shaft of a machine and provides automatic control overspeed protection. The braking effect depends upon the ratio between wheel speed and applied force, i.e., how hard you press on the brake pedal determines how quickly your tires will slow down.
Disc Pneumatic Brakes:
The disc pneumatic brakes are the latest innovation in the braking technology. The basic function of a brake is to reduce friction or stop the movement of a vehicle. However, traditional systems rely on air pressure and hydraulic fluid for functioning; whereas, modern-day counterparts use high-pressure nitrogen or carbon dioxide gas to generate force that acts on caliper pistons and rotors which ultimately reduces friction.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising number of road accidents caused due to improper driving habits, such as speeding, lack of attention and fatigue is expected to be a major factor contributing towards high demand in this application segment.
The use of pneumatic brakes in aircrafts allows pilots to apply maximum power during takeoff and landing without expending extra fuel or wearing out engines by using friction brakes, thereby increasing flight duration between two airports by up to 30%. This factor alone would indicate the wide scope for growth on account of increased efficiency exhibited by these systems during critical operations such as takeoffs and landings. Other advantages include reduced noise & vibration levels along with improved safety standards owing to better control provided over critical operations such as emergency stop & go situations when compared with conventional mechanical systems used on aircrafts.
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 industrialization, coupled with rapid urbanization and rising population. China is one of the largest markets for these brakes as it has been witnessing strong economic growth along with steady development in its manufacturing sector.
The demand for pneumatic brakes in Europe was valued at USD X million in 2017 owing to growing use across a wide range of industries including automotive, construction, energy & power, aerospace & defense among others. Moreover, technological advancements such as E-stop technology are also anticipated to propel industry expansion over the coming years.
North America accounted for a significant share due to high adoption levels across various industries including transportation & logistics (T&L), oil & gas exploration activities etc.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Growing awareness about the benefits of pneumatic brakes over traditional braking systems
- Rising demand from the automotive sector
- Technological advancements in brake systems
- Stringent government regulations to promote use of pneumatic brakes
Scope Of The Report
Report Attributes
Report Details
Report Title
Pneumatic Brakes Market Research Report
By Type
Shaft Pneumatic Brakes, Disc Pneumatic Brakes
By Application
Automotive, Machinery & Equipment, Electronics, Other
By Companies
W.C.Branham, Warner Electric, Wichita Clutch, Eaton Hydraulics, Airflex, Carlyle Johnson, Tolomatic, Allied Automation, WPT Power Corporation, IBD Wickeltechnik, TWIFLEX, Nexen Group, Elephant Brakes
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Pneumatic Brakes Market Report Segments:
The global Pneumatic Brakes market is segmented on the basis of:
Types
Shaft Pneumatic Brakes, Disc Pneumatic Brakes
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
Automotive, Machinery & Equipment, Electronics, 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:
- W.C.Branham
- Warner Electric
- Wichita Clutch
- Eaton Hydraulics
- Airflex
- Carlyle Johnson
- Tolomatic
- Allied Automation
- WPT Power Corporation
- IBD Wickeltechnik
- TWIFLEX
- Nexen Group
- Elephant Brakes
Highlights of The Pneumatic Brakes 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:
- Shaft Pneumatic Brakes
- Disc Pneumatic Brakes
- By Application:
- Automotive
- Machinery & Equipment
- Electronics
- 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 Pneumatic Brakes 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
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Pneumatic brakes are a type of braking system that use compressed air to stop or slow a vehicle.
Some of the major players in the pneumatic brakes market are W.C.Branham, Warner Electric, Wichita Clutch, Eaton Hydraulics, Airflex, Carlyle Johnson, Tolomatic, Allied Automation, WPT Power Corporation, IBD Wickeltechnik, TWIFLEX, Nexen Group, Elephant Brakes.
The pneumatic brakes market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pneumatic Brakes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pneumatic Brakes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pneumatic Brakes Market - Supply Chain
4.5. Global Pneumatic Brakes Market Forecast
4.5.1. Pneumatic Brakes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pneumatic Brakes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pneumatic Brakes Market Absolute $ Opportunity
5. Global Pneumatic Brakes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pneumatic Brakes Market Size and Volume Forecast by Type
5.3.1. Shaft Pneumatic Brakes
5.3.2. Disc Pneumatic Brakes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pneumatic Brakes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pneumatic Brakes Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Machinery & Equipment
6.3.3. Electronics
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pneumatic Brakes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pneumatic Brakes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pneumatic Brakes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pneumatic Brakes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pneumatic Brakes Demand Share Forecast, 2019-2029
9. North America Pneumatic Brakes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pneumatic Brakes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pneumatic Brakes Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Machinery & Equipment
9.4.3. Electronics
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pneumatic Brakes Market Size and Volume Forecast by Type
9.7.1. Shaft Pneumatic Brakes
9.7.2. Disc Pneumatic Brakes
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pneumatic Brakes Demand Share Forecast, 2019-2029
10. Latin America Pneumatic Brakes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pneumatic Brakes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pneumatic Brakes Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Machinery & Equipment
10.4.3. Electronics
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pneumatic Brakes Market Size and Volume Forecast by Type
10.7.1. Shaft Pneumatic Brakes
10.7.2. Disc Pneumatic Brakes
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pneumatic Brakes Demand Share Forecast, 2019-2029
11. Europe Pneumatic Brakes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pneumatic Brakes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pneumatic Brakes Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Machinery & Equipment
11.4.3. Electronics
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pneumatic Brakes Market Size and Volume Forecast by Type
11.7.1. Shaft Pneumatic Brakes
11.7.2. Disc Pneumatic Brakes
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Markt Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pneumatic Brakes Demand Share, 2019-2029
12. Asia Pacific Pneumatic Brakes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pneumatic Brakes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pneumatic Brakes Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Machinery & Equipment
12.4.3. Electronics
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pneumatic Brakes Market Size and Volume Forecast by Type
12.7.1. Shaft Pneumatic Brakes
12.7.2. Disc Pneumatic Brakes
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pneumatic Brakes Demand Share, 2019-2029
13. Middle East & Africa Pneumatic Brakes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pneumatic Brakes Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pneumatic Brakes Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Machinery & Equipment
13.4.3. Electronics
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pneumatic Brakes Market Size and Volume Forecast by Type
13.7.1. Shaft Pneumatic Brakes
13.7.2. Disc Pneumatic Brakes
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pneumatic Brakes Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Pneumatic Brakes Market: Market Share Analysis
14.2. Pneumatic Brakes Distributors and Customers
14.3. Pneumatic Brakes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. W.C.Branham
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Warner Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Wichita Clutch
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eaton Hydraulics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Airflex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Carlyle Johnson
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tolomatic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Allied Automation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. WPT Power Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IBD Wickeltechnik
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TWIFLEX
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nexen Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Elephant Brakes
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
