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Global Brake System Market Analysis and Industry Forecast to 2027 - Opportunities in the Introduction of Brake-By-Wire System & Regenerative Braking

Research and Markets
·4-min read

Dublin, Dec. 21, 2020 (GLOBE NEWSWIRE) -- The "Brake System Market by Product Type, Distribution Channel and Aftermarket and End Use: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to's offering.

The report incorporates the study of the global brake system market that focuses on product types of brake system for different sales channels. Various product types include disc brake, drum brake, hydrostatic brake, hydraulic wet brakes, and dynamic & regenerative brakes. A drum brake, a traditionally used brake, has a wide range of applications in all the end uses, especially in automotive and industrial trucks.

An increase in the penetration of electric vehicles is estimated to support the growth of regenerative & dynamic braking in the near future. Technological evolution in the brake system help avoids skidding or slipping of the vehicle when sudden brakes are applied. Increase in automotive & other end use industries on road fleet is expected to support the demand for aftermarket sales channel.

The global brake system market is segmented on the basis of product type, sales channel, end use, and region. Based on product type, the global brake system market has been categorized into disc brakes, drum brakes, hydrostatic brakes, hydraulic wet brakes, and regenerative & dynamic braking.

Based on sales channel, the global brake system market has been categorized into original equipment manufacturers (OEM) and aftermarket. Based on end use, the market has been categorized into automotive, construction equipment, agricultural equipment, industrial trucks, and mining equipment.

Key Topics Covered:

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology

Chapter 2: Executive Summary
2.1. CXO Perspective

Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.4. Market Share Analysis, 2019 (%)
3.5. Market Dynamics
3.5.1. Drivers

  • Increase in Sales & Production of Commercial Vehicles and Off-Highway Trucks

  • Increasing Stringency of Automotive Active Safety Regulations

  • Impact of New Car Assessment Program (Ncap) on Electronic Brake Systems

3.5.2. Restraints

  • High Development Cost of Electronic Brake Systems

  • High Installation & Maintenance Cost

3.5.3. Opportunities

  • Regulations Related to Load Carrying Capacity and Mandates on Air Brakes Installation

  • Introduction of Brake-By-Wire System

  • Introduction of Regenerative Braking

3.6. Covid-19 Impact Analysis

Chapter 4: Brake System Market, by Product Type
4.1. Overview
4.2. Disc Brake
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis by Country
4.3. Drum Brake
4.4. Hydrostatic Brake
4.5. Hydraulic Wet Brake
4.6. Regenerative & Dynamic Brake

Chapter 5: Brake System Market, by End-Use
5.1. Overview
5.2. Automotive
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis by Country
5.3. Construction Equipment
5.4. Agricultural Equipment
5.5. Industrial Trucks
5.6. Mining Equipment

Chapter 6: Brake System Market, by Distribution Channel
6.1. Overview
6.2. Original Equipment Manufacturers (Oems)
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis by Country
6.3. Aftermarket

Chapter 7: Brake System Market, by Region

Chapter 8: Company Profiles
8.1. Company Overview
8.2. Company Snapshot
8.3. Operating Business Segments
8.4. Product Portfolio
8.5. Business Performance

  • AISIN SEIKI Co., Ltd

  • BREMBO S. P. A.


  • Delphi Technologies


  • Hitachi Automotive Systems, Ltd


  • Nissin Kogyo Co., Ltd.

  • Robert Bosch GmbH


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