Automotive Brake System Market | Leading Segments, Trends, Drivers and Challenges

Market Recovery and Growth Projections 2021-2025

The automotive brake system market is expected to grow by $ 5.05 bn, accelerating at a CAGR of almost 4.48% during the forecast period. Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments.

Request for Our Free Sample Report for detailed Insights

Automotive Brake System Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• Market is segmented by Type (Passenger cars and Commercial vehicles) and Geography (APAC, Europe, North America, MEA, and South America).
• 58% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Automotive Brake System Market size.

Automotive Brake System Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Increasing demand for safety measures to reduce accidental injuries will be a significant factor in driving the growth of the Automotive Brake System Market.
• Increasing electrification of vehicle components leading to innovations in the global automotive braking system market will be instrumental in driving the market growth during the forecast period.
• High dependency on advanced systems leading to unreliability of these systems is a hurdle that needs to be crossed on the path to success.

Automotive Brake System Market: Vendor Analysis

• The market is fragmented.
• Aisin Corp., Autoliv Inc., Brembo Spa, Continental AG, DENSO Corp., Hitachi Ltd., Hyundai Motor Group, Mando Corp., Robert Bosch GmbH, and ZF Friedrichshafen AG are some of the major market participants.
• The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.

Key Areas Covered in our Report:

• Automotive Brake System Market Split by Type
  • Passenger cars
  • Commercial vehicles
• Automotive Brake System Market Split by Geography
  • APAC
  • Europe
  • North America
  • MEA
  • South America

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Aisin Corp.
• Autoliv Inc.
• Brembo Spa
• Continental AG
• DENSO Corp.
• Hitachi Ltd.
• Hyundai Motor Group
• Mando Corp.
• Robert Bosch GmbH
• ZF Friedrichshafen AG

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will accelerate at a CAGR of 4.48%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 5.05 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Increasing demand for safety measures to reduce accidental injuries will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   58% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Aisin Corp., Autoliv Inc., Brembo Spa, Continental AG, DENSO Corp., Hitachi Ltd., Hyundai Motor Group, Mando Corp., Robert Bosch GmbH, and ZF Friedrichshafen AG
    
7. What are the market segments covered in this report?
   The market is segmented by Type (Passenger cars and Commercial vehicles) and Geography (APAC, Europe, North America, MEA, and South America)