The global vehicle brake systems and subsystems market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for passenger transit vehicles, which in turn leads to an increase in the demand for brake systems and subsystems. The passenger transit vehicles segment accounted for over 50% of the total revenue generated by this market in 2017. The drum brake segment accounted for over 50% of the total revenue generated by this market in 2017, while disc brakes accounted for less than 10%. Drum brakes are used on locomotives and freight cars, while disc brakes are used on passenger transit vehicles.
Some Of The Growth Factors Of This Market:
- The increasing demand for fuel-efficient vehicles is expected to drive the growth of the vehicle brake systems and subsystems market.
- The introduction of new technologies such as regenerative braking, which converts kinetic energy into electrical energy, is expected to increase the demand for vehicle brake systems and subsystems in the near future.
- Increasing safety concerns among consumers are also driving the growth of this market as they are more likely to purchase vehicles with advanced braking features such as ABS (anti-lock braking system) and ESC (electronic stability control).
- The growing popularity of SUVs in emerging markets is also expected to drive this market's growth over the forecast period due to their higher ground clearance which helps them tackle rough terrain better than other types of vehicles such as sedans or hatchbacks.
- Increasing penetration rates in developing countries are also expected to contribute towards this market's growth over the forecast period due to their low cost and high fuel efficiency.
Industry Growth Insights published a new data on “Vehicle Brake Systems and Subsystems Market”. The research report is titled “Vehicle Brake Systems and Subsystems Market research by Types (Drum Brake, Disc Brake), By Applications (Locomotives, Freight Cars, Passenger Transit Vehicles, Others), By Players/Companies Beringer, Brembo, Continental, EBC Brakes, Wabtec, Stop Tech, Miba, ZF, Ficosa, Yutaka, Haldex, LPR Brakes, Shanghai Automotive Brake System, Rowland Company”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Brake Systems and Subsystems Market Research Report
By Type
Drum Brake, Disc Brake
By Application
Locomotives, Freight Cars, Passenger Transit Vehicles, Others
By Companies
Beringer, Brembo, Continental, EBC Brakes, Wabtec, Stop Tech, Miba, ZF, Ficosa, Yutaka, Haldex, LPR Brakes, Shanghai Automotive Brake System, Rowland Company
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Brake Systems and Subsystems Market Report Segments:
The global Vehicle Brake Systems and Subsystems market is segmented on the basis of:
Types
Drum Brake, Disc Brake
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
Locomotives, Freight Cars, Passenger Transit Vehicles, Others
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:
- Beringer
- Brembo
- Continental
- EBC Brakes
- Wabtec
- Stop Tech
- Miba
- ZF
- Ficosa
- Yutaka
- Haldex
- LPR Brakes
- Shanghai Automotive Brake System
- Rowland Company
Highlights of The Vehicle Brake Systems and Subsystems 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:
- Drum Brake
- Disc Brake
- By Application:
- Locomotives
- Freight Cars
- Passenger Transit Vehicles
- Others
- 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 Vehicle Brake Systems and Subsystems 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.
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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?
Vehicle brake systems and subsystems are the components of a vehicle that work together to stop the vehicle. The system includes the brakes, ABS (anti-lock braking system), traction control, and steering.
Some of the major players in the vehicle brake systems and subsystems market are Beringer, Brembo, Continental, EBC Brakes, Wabtec, Stop Tech, Miba, ZF, Ficosa, Yutaka, Haldex, LPR Brakes, Shanghai Automotive Brake System, Rowland Company.
The vehicle brake systems and subsystems market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vehicle Brake Systems and Subsystems 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. Vehicle Brake Systems and Subsystems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vehicle Brake Systems and Subsystems Market - Supply Chain
4.5. Global Vehicle Brake Systems and Subsystems Market Forecast
4.5.1. Vehicle Brake Systems and Subsystems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vehicle Brake Systems and Subsystems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vehicle Brake Systems and Subsystems Market Absolute $ Opportunity
5. Global Vehicle Brake Systems and Subsystems 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. Vehicle Brake Systems and Subsystems Market Size and Volume Forecast by Type
5.3.1. Drum Brake
5.3.2. Disc Brake
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vehicle Brake Systems and Subsystems 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. Vehicle Brake Systems and Subsystems Market Size and Volume Forecast by Application
6.3.1. Locomotives
6.3.2. Freight Cars
6.3.3. Passenger Transit Vehicles
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vehicle Brake Systems and Subsystems 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. Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems 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. Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems Demand Share Forecast, 2019-2026
9. North America Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems Market Size and Volume Forecast by Application
9.4.1. Locomotives
9.4.2. Freight Cars
9.4.3. Passenger Transit Vehicles
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vehicle Brake Systems and Subsystems Market Size and Volume Forecast by Type
9.7.1. Drum Brake
9.7.2. Disc Brake
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 Vehicle Brake Systems and Subsystems Demand Share Forecast, 2019-2026
10. Latin America Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems Market Size and Volume Forecast by Application
10.4.1. Locomotives
10.4.2. Freight Cars
10.4.3. Passenger Transit Vehicles
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vehicle Brake Systems and Subsystems Market Size and Volume Forecast by Type
10.7.1. Drum Brake
10.7.2. Disc Brake
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 Vehicle Brake Systems and Subsystems Demand Share Forecast, 2019-2026
11. Europe Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems Market Size and Volume Forecast by Application
11.4.1. Locomotives
11.4.2. Freight Cars
11.4.3. Passenger Transit Vehicles
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vehicle Brake Systems and Subsystems Market Size and Volume Frecast by Type
11.7.1. Drum Brake
11.7.2. Disc Brake
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
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 Vehicle Brake Systems and Subsystems Demand Share, 2019-2026
12. Asia Pacific Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems Market Size and Volume Forecast by Application
12.4.1. Locomotives
12.4.2. Freight Cars
12.4.3. Passenger Transit Vehicles
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vehicle Brake Systems and Subsystems Market Size and Volume Forecast by Type
12.7.1. Drum Brake
12.7.2. Disc Brake
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 Vehicle Brake Systems and Subsystems Demand Share, 2019-2026
13. Middle East & Africa Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems 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 Vehicle Brake Systems and Subsystems Market Size and Volume Forecast by Application
13.4.1. Locomotives
13.4.2. Freight Cars
13.4.3. Passenger Transit Vehicles
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vehicle Brake Systems and Subsystems Market Size and Volume Forecast by Type
13.7.1. Drum Brake
13.7.2. Disc Brake
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 Vehicle Brake Systems and Subsystems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vehicle Brake Systems and Subsystems Market: Market Share Analysis
14.2. Vehicle Brake Systems and Subsystems Distributors and Customers
14.3. Vehicle Brake Systems and Subsystems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Beringer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brembo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Continental
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. EBC Brakes
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wabtec
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Stop Tech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Miba
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ZF
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ficosa
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Yutaka
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Haldex
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. LPR Brakes
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shanghai Automotive Brake System
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rowland Company
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