Market Overview:
The global spring brake chamber 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 commercial vehicles, especially in emerging economies such as China and India. Additionally, stringent emission norms are also driving the demand for spring brake chambers in North America and Europe. The global spring brake chamber market is segmented on the basis of type into diaphragm type and piston type. The diaphragm type segment is expected to hold a larger share of the market during the forecast period owing to its superior performance characteristics as compared to piston type brakes.
Product Definition:
A spring brake chamber is a pressure vessel that is used to store hydraulic fluid under pressure. The fluid is used to actuate the brakes on a vehicle or machine.
Diaphragm Type:
Diaphragm type spring brake chamber market is expected to grow at a significant rate owing to the factors such as rising demand for high performance braking systems in heavy commercial vehicles and passenger cars. The diaphragm mechanism enables more force during braking, which is helpful in reducing vehicle speed. This also helps avoid wheel lockups that may occur due to prolonged hard brakes.
The diaphragm mechanism can be incorporated into both hydraulic.
Piston Type:
The piston type and it's usage in the market for a spring brake chamber are shown below.
Piston Type Usage: The piston type is used to design a brake chamber that has an internal diameter of 1.37 inches and external dimensions of 5.74 by 4.56 inches (HxWxD).
Application Insights:
The heavy commercial vehicle (HCV) segment dominated the global market in 2017. This is owing to rising demand for HCVs, such as buses, from developing countries in Asia Pacific and Latin America. In addition, increasing production of heavy commercial vehicles to meet the demand from developing countries is also responsible for driving the growth of this segment.
Light Commercial Vehicle (LCV) application segment was valued at USD 536 million in 2017 and is expected to witness significant growth over the forecast period due to its applications across various end-use industries including construction, mining & quarrying and logistics among others.
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 production and sales of commercial vehicles in China, India, Japan, South Korea, Thailand and Taiwan. In addition, rising demand for passenger cars is anticipated to fuel the growth of this regional market over the forecast period.
Europe accounted for a significant share owing to stringent government regulations regarding carbon dioxide emissions from heavy commercial vehicles. This has resulted in increased R&D activities by various manufacturers with an aim toward reducing CO2 emissions from braking systems installed on heavy commercial vehicles using spring brakes worldwide. This factor is also projected to contribute toward regional growth during the same period.
North America held a substantial revenue share as well as volume share within Spring Brake Chamber Market by Application category owing to high demand for light-duty trucks such as compact pickup trucks.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Rising awareness about the benefits of spring brake chambers
- Growing number of replacement and aftermarket parts suppliers
- Technological advancements in spring brake chamber manufacturing process
- Stringent safety norms for braking systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Spring Brake Chamber Market Research Report
By Type
Diaphragm Type, Piston Type
By Application
Heavy Commercial Vehicle, Light Commercial Vehicle
By Companies
Wabco, Knorr-Bremse, Haldex, Dongfeng Electronic, SORL, Arfesan, Nabtesco, FAW, VIE Technology, TBK
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Spring Brake Chamber Market Report Segments:
The global Spring Brake Chamber market is segmented on the basis of:
Types
Diaphragm Type, Piston 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
Heavy Commercial Vehicle, Light 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:
- Wabco
- Knorr-Bremse
- Haldex
- Dongfeng Electronic
- SORL
- Arfesan
- Nabtesco
- FAW
- VIE Technology
- TBK
Highlights of The Spring Brake Chamber 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:
- Diaphragm Type
- Piston Type
- By Application:
- Heavy Commercial Vehicle
- Light 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 Spring Brake Chamber 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 spring brake chamber is a component of the braking system in a car. It's a metal or plastic container that holds the springs that act as the car's brakes.
Some of the key players operating in the spring brake chamber market are Wabco, Knorr-Bremse, Haldex, Dongfeng Electronic, SORL, Arfesan, Nabtesco, FAW, VIE Technology, TBK.
The spring brake chamber 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. Spring Brake Chamber 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. Spring Brake Chamber Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spring Brake Chamber Market - Supply Chain
4.5. Global Spring Brake Chamber Market Forecast
4.5.1. Spring Brake Chamber Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spring Brake Chamber Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spring Brake Chamber Market Absolute $ Opportunity
5. Global Spring Brake Chamber 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. Spring Brake Chamber Market Size and Volume Forecast by Type
5.3.1. Diaphragm Type
5.3.2. Piston Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spring Brake Chamber 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. Spring Brake Chamber Market Size and Volume Forecast by Application
6.3.1. Heavy Commercial Vehicle
6.3.2. Light Commercial Vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spring Brake Chamber 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. Spring Brake Chamber 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 Spring Brake Chamber 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. Spring Brake Chamber 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 Spring Brake Chamber Demand Share Forecast, 2019-2026
9. North America Spring Brake Chamber 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 Spring Brake Chamber 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 Spring Brake Chamber Market Size and Volume Forecast by Application
9.4.1. Heavy Commercial Vehicle
9.4.2. Light Commercial Vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spring Brake Chamber Market Size and Volume Forecast by Type
9.7.1. Diaphragm Type
9.7.2. Piston Type
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 Spring Brake Chamber Demand Share Forecast, 2019-2026
10. Latin America Spring Brake Chamber 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 Spring Brake Chamber 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 Spring Brake Chamber Market Size and Volume Forecast by Application
10.4.1. Heavy Commercial Vehicle
10.4.2. Light Commercial Vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spring Brake Chamber Market Size and Volume Forecast by Type
10.7.1. Diaphragm Type
10.7.2. Piston Type
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 Spring Brake Chamber Demand Share Forecast, 2019-2026
11. Europe Spring Brake Chamber 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 Spring Brake Chamber 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 Spring Brake Chamber Market Size and Volume Forecast by Application
11.4.1. Heavy Commercial Vehicle
11.4.2. Light Commercial Vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spring Brake Chamber Market Size and Volume Forecast by Type
11.7.1. Diaphragm Type
11.7.2. Piston Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by ype
11.10. Market 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 Spring Brake Chamber Demand Share, 2019-2026
12. Asia Pacific Spring Brake Chamber 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 Spring Brake Chamber 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 Spring Brake Chamber Market Size and Volume Forecast by Application
12.4.1. Heavy Commercial Vehicle
12.4.2. Light Commercial Vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spring Brake Chamber Market Size and Volume Forecast by Type
12.7.1. Diaphragm Type
12.7.2. Piston Type
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 Spring Brake Chamber Demand Share, 2019-2026
13. Middle East & Africa Spring Brake Chamber 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 Spring Brake Chamber 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 Spring Brake Chamber Market Size and Volume Forecast by Application
13.4.1. Heavy Commercial Vehicle
13.4.2. Light Commercial Vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spring Brake Chamber Market Size and Volume Forecast by Type
13.7.1. Diaphragm Type
13.7.2. Piston Type
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 Spring Brake Chamber Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spring Brake Chamber Market: Market Share Analysis
14.2. Spring Brake Chamber Distributors and Customers
14.3. Spring Brake Chamber Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wabco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Knorr-Bremse
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Haldex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dongfeng Electronic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SORL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arfesan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nabtesco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. FAW
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. VIE Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TBK
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
