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The publisher has been monitoring the automotive air brake system market and it is poised to grow by $ 847.25 mn during 2021-2025, progressing at a CAGR of almost 6% during the forecast period. The report on the automotive air brake system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for heavy-duty vehicles, increasing preference for air brake systems in medium-duty vehicles, and the increasing adoption of electronically controlled braking systems in trucks and buses.
The automotive air brake system market analysis includes the application segment and geographic landscape.
The automotive air brake system market is segmented as below:
By Application
- Trucks
- Buses
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- MEA
This study identifies the increasing preference for lightweight brake components as one of the prime reasons driving the automotive air brake system market growth during the next few years. Also, improvements in supply chain strategies and the use of truck brake dust filters to improve air quality will lead to sizable demand in the market.
The report on automotive air brake system market covers the following areas:
- Automotive air brake system market sizing
- Automotive air brake system market forecast
- Automotive air brake system market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive air brake system market vendors that include Akebono Brake Industry Co. Ltd., Haldex AB, Knorr-Bremse AG, Meritor Inc., Minda Industries Ltd., Nabtesco Corp., SORL Auto Parts, Inc., TBK Co. Ltd., Wabtec Corp., and ZF Friedrichshafen AG. Also, the automotive air brake system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary- Market overview
Market Landscape
- Market ecosystem
- COVID-19 impact on consumer discretionary sector
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020-2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Trucks - Market size and forecast 2020-2025
- Buses - Market size and forecast 2020-2025
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity By Geographical Landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Akebono Brake Industry Co. Ltd.
- Haldex AB
- Knorr-Bremse AG
- Meritor Inc.
- Minda Industries Ltd.
- Nabtesco Corp.
- TBK Co. Ltd.
- Wabtec Corp.
- ZF Friedrichshafen AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
List of Exhibits
- Key Finding 1
- Key Finding 2
- Key Finding 3
- Key Finding 5
- Key Finding 6
- Key Finding 7
- Key Finding 8
- Parent market
- Market characteristics
- Offerings of vendors included in the market definition
- Market segments
- Global - Market size and forecast 2020 - 2025 ($ million)
- Global market: Year-over-year growth 2020 - 2025 (%)
- Five forces analysis 2020 & 2025
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition - Five forces 2020
- Application - Market share 2020-2025 (%)
- Comparison by Application
- Trucks - Market size and forecast 2020-2025 ($ million)
- Trucks - Year-over-year growth 2020-2025 (%)
- Buses - Market size and forecast 2020-2025 ($ million)
- Buses - Year-over-year growth 2020-2025 (%)
- Market opportunity by Application
- Customer landscape
- Market share By Geographical Landscape 2020-2025 (%)
- Geographic comparison
- APAC - Market size and forecast 2020-2025 ($ million)
- APAC - Year-over-year growth 2020-2025 (%)
- North America - Market size and forecast 2020-2025 ($ million)
- North America - Year-over-year growth 2020-2025 (%)
- Europe - Market size and forecast 2020-2025 ($ million)
- Europe - Year-over-year growth 2020-2025 (%)
- South America - Market size and forecast 2020-2025 ($ million)
- South America - Year-over-year growth 2020-2025 (%)
- MEA - Market size and forecast 2020-2025 ($ million)
- MEA - Year-over-year growth 2020-2025 (%)
- Key leading countries
- Market opportunity By Geographical Landscape ($ million)
- Impact of drivers and challenges
- Vendor landscape
- Landscape disruption
- Industry risks
- Vendors covered
- Market positioning of vendors
- Akebono Brake Industry Co. Ltd. - Overview
- Akebono Brake Industry Co. Ltd. - Business segments
- Akebono Brake Industry Co. Ltd. - Key offerings
- Akebono Brake Industry Co. Ltd. - Key customers
- Akebono Brake Industry Co. Ltd. - Segment focus
- Haldex AB - Overview
- Haldex AB - Product and service
- Haldex AB - Key offerings
- Haldex AB - Key customers
- Haldex AB - Segment focus
- Knorr-Bremse AG - Overview
- Knorr-Bremse AG - Business segments
- Knorr-Bremse AG - Key offerings
- Knorr-Bremse AG - Key customers
- Knorr-Bremse AG - Segment focus
- Meritor Inc. - Overview
- Meritor Inc. - Business segments
- Meritor Inc. - Key offerings
- Meritor Inc. - Key customers
- Meritor Inc. - Segment focus
- Minda Industries Ltd. - Overview
- Minda Industries Ltd. - Business segments
- Minda Industries Ltd. - Key offerings
- Minda Industries Ltd. - Key customers
- Minda Industries Ltd. - Segment focus
- Nabtesco Corp. - Overview
- Nabtesco Corp. - Business segments
- Nabtesco Corp. - Key offerings
- Nabtesco Corp. - Key customers
- Nabtesco Corp. - Segment focus
- SORL Auto Parts, Inc. - Overview
- SORL Auto Parts, Inc. - Product and service
- SORL Auto Parts, Inc. - Key offerings
- SORL Auto Parts, Inc. - Key customers
- SORL Auto Parts, Inc. - Segment focus
- TBK Co. Ltd. - Overview
- TBK Co. Ltd. - Product and service
- TBK Co. Ltd. - Key offerings
- TBK Co. Ltd. - Key customers
- TBK Co. Ltd. - Segment focus
- Wabtec Corp. - Overview
- Wabtec Corp. - Business segments
- Wabtec Corp. - Key offerings
- Wabtec Corp. - Key customers
- Wabtec Corp. - Segment focus
- ZF Friedrichshafen AG - Overview
- ZF Friedrichshafen AG - Business segments
- ZF Friedrichshafen AG - Key offerings
- ZF Friedrichshafen AG - Key customers
- ZF Friedrichshafen AG - Segment focus
- Currency conversion rates for US$
- Research Methodology
- Validation techniques employed for market sizing
- Information sources
- List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the global automotive air brake system market: Akebono Brake Industry Co. Ltd., Haldex AB, Knorr-Bremse AG, Meritor Inc., Minda Industries Ltd., Nabtesco Corp., SORL Auto Parts, Inc., TBK Co. Ltd., Wabtec Corp., and ZF Friedrichshafen AG.
Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the increasing preference for lightweight brake components.`
According to the report, one of the major drivers for this market is the increasing demand for heavy-duty vehicles.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Akebono Brake Industry Co. Ltd.
- Haldex AB
- Knorr-Bremse AG
- Meritor Inc.
- Minda Industries Ltd.
- Nabtesco Corp.
- SORL Auto Parts Inc.
- TBK Co. Ltd.
- Wabtec Corp.
- ZF Friedrichshafen AG
