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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.
Brake System Market contains market size and forecasts of Brake System in global, including the following market information:
Global Brake System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Brake System Market Sales, 2017-2022, 2023-2028, (M Unit)
Global top five Brake System companies in 2021 (%)
The global Brake System market was valued at 12560 million in 2021 and is projected to reach US$ 15320 million by 2028, at a CAGR of 2.9% 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 Brake System 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.
We surveyed the 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 Brake System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Unit)
Global Brake System Market Segment Percentages, by Type, 2021 (%)
Disc Brakes
Drum Brakes
Global Brake System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Unit)
Global Brake System Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Commercial Vehicle
Global Brake System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Unit)
Global 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 Brake System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Brake System revenues share in global market, 2021 (%)
Key companies Brake System sales in global market, 2017-2022 (Estimated), (M Unit)
Key companies Brake System 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
