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Download Free sampleA typical automotive brake system or braking system comprises of a brake device having different components, which are used for slowing or stopping down a vehicle. More precisely, these devices decrease or stop the speed of a moving or rotating body by absorbing kinetic energy mechanically or electrically.
Automotive Brake Market contains market size and forecasts of Automotive Brake in global, including the following market information:
Global Automotive Brake Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Brake Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Brake companies in 2021 (%)
The global Automotive Brake market was valued at 8561.2 million in 2021 and is projected to reach US$ 10040 million by 2028, at a CAGR of 2.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Disc Brakes Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Brake include ZF, Aisin, Akebono Brake Industry, CBI, Continental, Nissin Kogyo, Mando, APG and Knorr-Bremse, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Brake 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 Automotive Brake Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Brake Market Segment Percentages, by Type, 2021 (%)
Disc Brakes
Drum Brakes
Global Automotive Brake Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Brake Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Brake Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Brake 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 Automotive Brake revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Brake revenues share in global market, 2021 (%)
Key companies Automotive Brake sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Brake sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ZF
Aisin
Akebono Brake Industry
CBI
Continental
Nissin Kogyo
Mando
APG
Knorr-Bremse
Wabco
XinYi
Shandong Aoyou
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
