Automotive Brake System Market Scope and Analysis Report 2031
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
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
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