Global Automotive Braking Systems Market reach at CAGR of 5.83% in the forecast period of 2019-2026. | WABCO, Nissin Kogyo Co. Ltd., Haldex, AKEBONO BRAKE INDUSTRY CO., LTD,Robert Bosch GmbH, ZF Friedrichshafen AG,

Global Automotive Braking Systems Market report contains important information to help identify and analyze market needs, size of the market, and competition from the industry. For qualitative analysis, focus groups and in-depth interviews are included, while quantitative analysis was conducted for customer survey and secondary data analysis. Global Automotive Braking Systems Market helps to identify uncertainties that may arise as a result of changes in business activity or new product marketing. It helps firms take decisive action to address niche market threats. This report on market research provides comprehensive information on target markets or customers. It also takes into account both qualitative and quantitative techniques of market analysis.

Market Analysis: Global Automotive Braking Systems Market

Global Automotive Braking Systems Market is expected to rise from its initial estimated value of USD 20.92 billion in 2018 to an estimated value of USD 32.91 billion by 2026, registering a CAGR of 5.83% in the forecast period of 2019-2026.

Increasing demand of the electronic component is the major factor for the growth of this market.

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Key Market Competitors:

Few of the major competitors currently working in the automotive braking systems are-Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Autoliv Inc., AISIN SEIKI Co., Ltd., Mando Corp., Delphi Technologies, WABCO, Nissin Kogyo Co. Ltd., Haldex, AKEBONO BRAKE INDUSTRY CO., LTD, DENSO CORPORATION, Knorr-Bremse AG.

Market Definition: 

Automotive braking system is a technology which is used to prevent high-speed collisions by combining sensors and brake. They are designed to reduce the speed of the vehicles. Every manufacturer has their own braking system technology; some uses lasers, radars and even video data. The automotive braking system is a combination of forward collision warning; forward collision mitigation, forward collision avoidance; emergency brake assistance and anti- lock brakes.

Segmentation: 

By Product Type

Low Speed Automatic Braking System

High Speed Automatic Braking System

Pedestrian Automatic Braking System

By Application

Dynamic Brake Support

Crash Imminent Braking

By Vehicle Class

Passenger Car

Light Commercial Vehicle

Heavy Commercial Vehicle

By Technology

ABS

TCS

ESC

EBD

By Geography

North America

Europe

Asia-Pacific

Middle East & Africa

Key Developments in the Market:

In February 2019, Yamaha motors have equipped their bikes like YZF- R15, FZ- FI and FZS- FI with antilock braking system (ABS). They will also provide maintenance free battery and unified braking system.

In May 2018, Transport for London published a notice for the installation of new safety system on the London Tram’s Network. The aim is to limit the speed at high risk locations.

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Table of Contents:

Chapter 1: Study Coverage

Chapter 2: Executive Summary

Chapter 3: Market Size-by Manufacturers

Chapter 4: Production-by Regions

Chapter 5: Consumption-by Regions

Chapter 6: Market Size-by Type

Chapter 7: Market Size-by Application

Chapter 8: Manufacturers Profiles

Chapter 9: Production Forecasts

Chapter 10: Consumption Forecast

Chapter 11: Upstream, Industry Chain and Downstream Customers Analysis

Chapter 12: Opportunities & Challenges, Threat and Affecting Factors

Chapter 13: Key Findings

Chapter 14: Appendix

such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive braking systems market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

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About Data Bridge Market Research 11522 Articles
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