Heavy Commercial Vehicle Air Brake Systems Market Scope And Analysis

  • Report Code : TIPRE00039382
  • Category : Automotive and Transportation
  • Status : Published
  • No. of Pages : 497
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Heavy Commercial Vehicle Air Brake Systems Market Scope 2031

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Heavy Commercial Vehicle Air Brake Systems Market Report Heavy Commercial Vehicle Air Brake Systems Market Size and Share Heavy Commercial Vehicle Air Brake Systems Market Scope and Analysis

Heavy Commercial Vehicle Air Brake Systems Market Report Scope

Report Attribute Details
Market size in 2023. US$ 21.69 Billion
Market Size by 2031 US$ 42.48 Billion
Global CAGR (2023 - 2031) 8.8%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Component
  • Compressor
  • Reservoir
  • Foot Valve
  • Brake Lining and Drum or Rotors
  • Brake Shoes
By Type
  • Air Disc Brake
  • Air Drum Brake
By Technology
  • Conventional Air Brake System
  • Electronically Controlled Air Braking System
  • Antilock Braking System
By Distribution Channel
  • OEMs
  • 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
  • Knorr Bremse Commercial Vehicle Systems GmbH
  • Doctor Air Brake
  • Cojali S L
  • Bremse AG
  • Meritor Inc
  • Haldex AB
  • ZF Friedrichshafen AG
  • Wabtec Corporation
  • Nabtesco Corporation
  • TSE Brakes Inc

    • Heavy Commercial Vehicle Air Brake Systems Market News and Recent Developments

    The heavy commercial vehicle air brake systems 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 heavy commercial vehicle air brake systems market are listed below:

    • Haldex has entered an agreement with Schmitz Cargobull, a leading trailer manufacturer in Europe, to supply ModulT disc brakes. The Haldex ModulT program is an innovative air disc brake platform developed specifically to meet increased customer demands on performance, robustness, service up-time, weight and total cost of ownership. The agreement includes the supply of both 22” and 19” ModulT versions. The deal is an important milestone to continue to grow in this segment and further strengthens Haldex's already strong market position for air disc brakes for trailers in Europe. This is an important and strategic deal for Haldex, but based on estimated order value, it is not significant in relation to total sales for the Haldex Group. (Haldex, Company Website, May 2022)

    Heavy Commercial Vehicle Air Brake Systems Market Report Coverage and Deliverables

    The "Heavy Commercial Vehicle Air Brake Systems Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

    • Heavy commercial vehicle air brake systems market size and forecast at country levels for all the key market segments covered under the scope
    • Heavy commercial vehicle air brake systems market trends, as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST and SWOT analysis
    • Heavy commercial vehicle air brake systems market analysis covering key market trends, country framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the heavy commercial vehicle air brake systems market
    • Detailed company profiles