Automotive Brake System Market - Global Industry Trends & Forecast to 2019 - New Report Available

From: Fast Market Research, Inc.
Published: Fri Jan 30 2015

Automotive Brake System Market by Vehicle Type (Passenger car, LCV, & HCV), Brake Type (Disc & Drum), EBS Market by Technology (ABS, TCS & ESC), Region and Two Wheeler Brakes - Global Industry Trends & Forecast to 2019

The automotive industry has evolved over the years and so have the technologies employed in the vehicle for various purposes. The earliest vehicles used wooden wedge brakes to provide braking power. This was followed by the external drum brake, internal drum brake, and finally, disc brakes. In this research study automotive brake system market is classified into three major segments such as automotive brake market by region (Asia-Oceania, North America, Europe, and RoW), by vehicle type (Passenger Car, LCV, HCV), by type (Disk & Drum) & electronic breaking system market is segmented into (ABS, ESC, TCS). The report also covers a separate section for two wheelers brake market.

Full Report Details at

The global market for automotive brakes is estimated to grow at a promising rate. Asia-Oceania is estimated to be the largest market for automotive brakes. China and India are the major sources for revenue generation of automotive brakes market in Asia-Oceania region. The Major factors propelling global demand of automotive brakes are increasing vehicle production as the demand for automotive brakes is directly proportional to vehicle production and safety regulations for vehicle and occupant safety.

This report classifies and defines the global automotive brakes market size in terms of volume and value. Market size in terms of volume is provided in thousand units ('000 units) from 2012 to 2019, whereas the market value is provided in terms of ($Million). This report also provides qualitative data about types of automotive brake systems.

The report also provides a comprehensive review of market drivers, restraints, opportunities, challenges, and key issues in the global automotive spark & glow plug market. The key players in the market for global automotive brakes have also been identified and profiled. Apart from quantitative analysis of these markets, the report also covers qualitative aspects such as value chain analysis, PEST analysis and Porter's five force analysis for the global automotive brakes market.

The global automotive brakes market is dominated by few major players with other local small/medium players. Few of the key players are TRW Automotive Holdings Corp. (U.S.), Continental AG (Germany), Aisin-Seiki Co. Ltd. (Japan), Akebono Brake Industry Co. Ltd. (Japan), Halla Mando Corp. (South Korea). The major strategy adopted by these key market players is geographic expansion and new product development.

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