Report overview
The compressed air brake system is a kind of friction brake for automobiles. Compressed air is utilized for activating a piston, which applies the required pressure on the brake pad that helps to stop the vehicle. The compressed air braking system is a high power braking system, which is more commonly employed in heavy vehicles, primarily for vehicles that have multiple trailers, such as buses, semi-trailers, trucks, and trailers. Humans are unlikely to generate the amount of braking force required to stop a heavy load vehicle. Hence, another power source is required that can be utilized to produce the braking force required to apply pressure on the braking pads and subsequently, decelerate the vehicle.
This report aims to provide a comprehensive presentation of the global market for Automotive Compressed Air Brake System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Compressed Air Brake System. This report contains market size and forecasts of Automotive Compressed Air Brake System in global, including the following market information:
Global Automotive Compressed Air Brake System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Compressed Air Brake System Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automotive Compressed Air Brake System companies in 2022 (%)
The global Automotive Compressed Air Brake System market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Drum Brake Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Automotive Compressed Air Brake System include Knorr-Bremse, Anand Group, Minda Nabtesco Automotive, WABCO, Airmaster Brake Systems, Haldex Europe SAS, Brakes India, SORL Auto Parts and YUMAK Air Brake Systems, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Compressed Air Brake System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Compressed Air Brake System Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Compressed Air Brake System Market Segment Percentages, by Type, 2022 (%)
Drum Brake
Disc Brake
Global Automotive Compressed Air Brake System Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Compressed Air Brake System Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Compressed Air Brake System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Compressed Air Brake System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Compressed Air Brake System revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Compressed Air Brake System revenues share in global market, 2022 (%)
Key companies Automotive Compressed Air Brake System sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automotive Compressed Air Brake System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Knorr-Bremse
Anand Group
Minda Nabtesco Automotive
WABCO
Airmaster Brake Systems
Haldex Europe SAS
Brakes India
SORL Auto Parts
YUMAK Air Brake Systems
Fricci?n y Tecnolog?a
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Compressed Air Brake System, market overview.
Chapter 2: Global Automotive Compressed Air Brake System market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Compressed Air Brake System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Compressed Air Brake System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Compressed Air Brake System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
