Automotive Brake System Market Scope And Analysis

  • Report Code : TIPRE00007139
  • Category : Automotive and Transportation
  • No. of Pages : 150
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Automotive Brake System Market Scope and Analysis Report 2031

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Automotive Brake System Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 5.4%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Type
  • Disc Brakes
  • Drum Brakes
By Vehicle Type
  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
By Distribution Channel
  • OEM and Aftermarket
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Continental AG
  • Robert Bosch GmbH
  • AISIN SEIKI CO LTD
  • Haldex AB
  • Denso Corporation
  • Hyundai Mobis Co Ltd
  • Brembo SpA
  • ZF Friedrichshafen AG
  • Knorr Bremse AG
  • Meritor Inc
  • Automotive Brake System Market News and Recent Developments

    The automotive brake system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive brake system market are listed below:

    • ADVICS CO., LTD. and Brakes India Private Limited have reached an agreement to establish a joint venture company (the “JV” ?for the advanced brakes business in India. (Source: ADVICS CO., LTD., Company Website, June 2024)
    • Technology company Continental supplies Chinese car manufacturer Changan with its new generation of electronic brake systems for Electronic Stability Control (ESC), the MK 120 ESC. This marks the first time that the MK 120 ESC entered series production worldwide. Changan equips its latest Oshan X5 Plus and Uni-T models available in the Chinese market with the brake system. The latest generation of Continental’s conventional electronic brake system is highly efficient, offers cyber security features and over-the-air (OTA) functionality, and can be easily installed in the vehicle. (Source: Continental AG, Company Website, May 2023)

    Automotive Brake System Market Report Coverage and Deliverables

    The “Automotive Brake System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Automotive brake system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Automotive brake system market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Automotive brake system market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the automotive brake system market
    • Detailed company profiles