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Download Free sampleAir brake system is a type of friction brake for vehicles in which compressed air pressing on a piston is used to apply the pressure to the brake pad needed to stop the vehicle. Air brakes are used in large heavy vehicles, particularly those having multiple trailers which must be linked into the brake system, such as trucks, buses, trailers, and semi-trailers.
Air Brake System Market contains market size and forecasts of Air Brake System in global, including the following market information:
Global Air Brake System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Air Brake System Market Sales, 2017-2022, 2023-2028, (M Unit)
Global top five Air Brake System companies in 2021 (%)
The global Air Brake System market was valued at 4244.4 million in 2021 and is projected to reach US$ 4783.4 million by 2028, at a CAGR of 1.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Air Disc Brake Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Air Brake System include Knorr-Bremse, Wabco, Haldex, Nabtesco-Automotive, Sorl Auto Parts, Aventics (Emerson), Tenneco (Federal-Mogul), MGM Brakes and Sealco, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Air Brake System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Air Brake System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Unit)
Global Air Brake System Market Segment Percentages, by Type, 2021 (%)
Air Disc Brake
Air Drum Brake
Global Air Brake System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Unit)
Global Air Brake System Market Segment Percentages, by Application, 2021 (%)
Heavy Trucks and Trailers
Buses
Others
Global Air Brake System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Unit)
Global Air Brake System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Air Brake System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Air Brake System revenues share in global market, 2021 (%)
Key companies Air Brake System sales in global market, 2017-2022 (Estimated), (M Unit)
Key companies Air Brake System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Knorr-Bremse
Wabco
Haldex
Nabtesco-Automotive
Sorl Auto Parts
Aventics (Emerson)
Tenneco (Federal-Mogul)
MGM Brakes
Sealco
TSE Brakes
Fritec
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