Global Commercial Vehicle Braking System Market 2017-2021

  • ID: 4372343
  • Report
  • Region: Global
  • 84 pages
  • TechNavio
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FEATURED COMPANIES

  • Baer Brakes
  • ContiTech
  • HYUNDAI MOBIS
  • Meritor WABCO
  • SKF
  • Wilwood Engineering
  • MORE
About Commercial Vehicle Braking System

Braking systems are used for stopping the vehicle. The braking system converts the kinetic energy of a moving vehicle to heat energy by allowing friction to be applied to wheels. Brakes are the most critical component of any moving vehicle and are often applied in displeasure (hard stops) in the case of passenger cars and motorcycles; hence, there is a demand for durable brakes. Additionally, high-speed riding and race-use demand high-performance brakes to bear high heat generation and manage control of the vehicle.

The analysts forecast the global commercial vehicle braking system market to grow at a CAGR of 0.55% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial vehicle braking system market for 2017-2021. To calculate the market size, the report considers new installations, sales, and volume of braking systems.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Commercial Vehicle Braking System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ContiTech
  • Knorr-Bremse
  • Robert Bosch
  • WABCO
Other prominent vendors
  • Baer Brakes
  • Brembo
  • Federal-Mogul
  • HYUNDAI MOBIS
  • Meritor WABCO
  • SKF
  • Tata AutoComp Systems (TACO)
  • Wilwood Engineering
  • ZF Friedrichshafen
Market drivers
  • Increasing demand for mandatory safety solutions in commercial vehicles
  • For a full, detailed list, view the full report
Market challenges
  • Increased concerns over stability of commercial vehicles with advanced braking systems
  • For a full, detailed list, view the full report
Market trends
  • OEMs and tier-1 suppliers prioritizing lightweight braking system
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Baer Brakes
  • ContiTech
  • HYUNDAI MOBIS
  • Meritor WABCO
  • SKF
  • Wilwood Engineering
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Market segmentation by application
  • Commercial vehicle braking system market in LCVs
  • Commercial vehicle braking system market in HCVs
PART 07: Geographical segmentation
  • Commercial vehicle braking system market segmented by geography
  • Commercial vehicle braking system market in the Americas
  • Commercial vehicle braking system market in APAC
  • Commercial vehicle braking system market in EMEA
PART 08: Key leading countries

PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends

PART 12: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 13: Key vendor analysis
  • ContiTech
  • Knorr-Bremse
  • Robert Bosch
  • WABCO
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global automotive market 2016-2021 (units in million)
Exhibit 02: Global commercial vehicles market 2016-2021 (units in million)
Exhibit 03: Evolution of braking systems used in commercial vehicles since 1940
Exhibit 04: Components of brake system
Exhibit 05: Boiling point of DOT 4 Standard and DOT 4 ESP Brake Fluid
Exhibit 06: Components of commercial vehicle air brake system
Exhibit 07: Segmentation of global commercial vehicle braking system market 2016-2021
Exhibit 08: Global commercial vehicle braking system market 2016-2021 (millions of units)
Exhibit 09: Five forces analysis
Exhibit 10: Commercial system braking system market segmented by application:
Exhibit 11: Global commercial vehicle braking system market segmented by application 2016-2021 (millions of units)
Exhibit 12: Global commercial vehicle braking system market segmented by application 2016-2021 (% share)
Exhibit 13: Market share of regions using commercial vehicle braking system in LCVs 2016
Exhibit 14: Global commercial vehicle braking system market in LCVs 2016-2021 (millions of units)
Exhibit 15: Market share of regions using commercial vehicle braking system in HCVs 2016
Exhibit 16: Global commercial vehicle braking system market in HCVs 2016-2021 (millions of units)
Exhibit 17: Commercial vehicle braking systems market segmented by geography 2016 (% share)
Exhibit 18: Commercial vehicle braking system market segmented by geography 2016-2021 (in millions of units)
Exhibit 19: Commercial vehicle braking system market segmented by geography 2016-2021 (% share)
Exhibit 20: Commercial vehicle braking system market in the Americas 2016-2021 (millions of units)
Exhibit 21: Commercial vehicle braking system market in APAC 2016-2021 (millions of units)
Exhibit 22: Commercial vehicle braking system market in EMEA 2016-2021 (millions of units)
Exhibit 23: Key leading countries
Exhibit 24: Types of stability issues caused to heavy-duty truck while using automatic braking systems
Exhibit 25: Causes accidents in heavy-duty trucks and tractor trailers 2016 (% share)
Exhibit 26: Percentage of CO2 emissions in transport segment for 2016 (% share)
Exhibit 27: Estimated fuel efficiency for rail freight transport in US 1995-2020 (number of miles per gallon)
Exhibit 28: Material-wise advantages and disadvantages in lightweighting
Exhibit 29: Other prominent vendors
Exhibit 30: Continental: Business segmentation 2016 by revenue (% share)
Exhibit 31: Continental: Geographical segmentation by revenue 2016
Exhibit 32: Continental: Product portfolio
Exhibit 33: Continental: Recent developments
Exhibit 34: Knorr-Bremse: Business segmentation 2016 by revenue (% share)
Exhibit 35: Knorr-Bremse: Geographical segmentation by revenue 2016 (% share)
Exhibit 36: Knorr-Bremse: Product portfolio
Exhibit 37: Knorr-Bremse: Recent developments
Exhibit 38: Robert Bosch: Business segmentation 2016 by revenue (% share)
Exhibit 39: Robert Bosch: Geographical segmentation by revenue 2016
Exhibit 40: Robert Bosch: Recent developments
Exhibit 41: Geographical segmentation of business 2016 (% share)
Exhibit 42: WABCO: Recent developments
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FEATURED COMPANIES

  • Baer Brakes
  • ContiTech
  • HYUNDAI MOBIS
  • Meritor WABCO
  • SKF
  • Wilwood Engineering
  • MORE
New Report Released: - Global Commercial Vehicle Braking System Market 2017-2021

The author of the report recognizes the following companies as the key players in the global commercial vehicle braking system market: ContiTech, Knorr-Bremse, Robert Bosch, and WABCO.

Other Prominent Vendors in the market are: Baer Brakes, Brembo, Federal-Mogul, HYUNDAI MOBIS, Meritor WABCO, SKF, Tata AutoComp Systems (TACO), Wilwood Engineering, and ZF Friedrichshafen.

Commenting on the report, an analyst from the research team said: “One trend in the market is OEMs and tier-1 suppliers prioritizing lightweight braking system. Commercial vehicle manufacturers are aggressively working toward reducing the weight of the braking system. This has led to work on the development of lighter high-performance brake system by suppliers in the market. The requirement of lighter yet durable brakes is pushing the adoption of high-performance brakes in commercial vehicles across the world.”

According to the report, one driver in the market is increasing demand for mandatory safety solutions in commercial vehicles. Rising number of road traffic accidents globally and unpredictable road conditions are driving governing bodies to formulate regulations for maintaining basic and mandatory safety solutions within commercial vehicles. For instance, the US DoT and NHTSA have been formulating a set of safety braking functions specifically for commercial vehicles since 2016. The two American departments have proposed a petition for mandatorily installing various types of safety braking systems like dynamic braking support, crash imminent braking systems, and forward crash warning systems.

Further, the report states that one challenge in the market is increased concerns over stability of commercial vehicles with advanced braking systems. Rising instances of road accidents involving commercial vehicles have induced governing bodies of various countries to implement advanced braking systems, such as automatic braking systems, emergency brakes, and pedestrian brakes in commercial vehicles, especially in the heavy-duty trucks in Europe. However, commercial vehicles laden with load require special expertise from the driver's side to increase the stability of the vehicle while abruptly braking.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • ContiTech
  • Knorr-Bremse
  • Robert Bosch
  • WABCO
  • Baer Brakes
  • Brembo
  • Federal-Mogul
  • HYUNDAI MOBIS
  • Meritor WABCO
  • SKF
  • Tata AutoComp Systems (TACO)
  • Wilwood Engineering
  • ZF Friedrichshafen
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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