Global Automotive Brake System
Market Report
2025
Automotive Brake System Market size is USD 41875.6 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.80% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Automotive Brake System market size will be USD 41875.6 million in 2024 and will expand at a compound yearly growth rate (CAGR) of 4.8% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Automotive Brake System Market Sales Revenue | $ 41875.6 Million | 121212 | 121212 | 121212 | 4.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Vehicle |
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Market Split by Technology |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Automotive Brake System industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Brake System Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Automotive Brake System Market is a vital segment within the automotive industry, encompassing components crucial for vehicle safety and performance. Serving as a primary mechanism for deceleration and stopping, brake systems are integral to every vehicle, ranging from passenger cars to commercial trucks. This market encompasses a diverse array of technologies, including disc brakes, drum brakes, anti-lock braking systems (ABS), electronic brake-force distribution (EBD), and brake assist systems. With a growing emphasis on vehicle safety standards and regulations worldwide, the automotive brake system market is witnessing continuous innovation and advancement in technology. Factors such as surging vehicle production, rising consumer awareness regarding safety features, and stringent regulatory mandates contribute to market growth. Additionally, the shift towards electric and autonomous vehicles necessitates the development of advanced brake systems capable of meeting the unique demands of these emerging automotive trends.
Growing Demand for Vehicle Performance and Comfort to Increase the Demand Globally - Increasing consumer demand for enhanced vehicle performance, comfort, and driving experience acts as a key driver for the automotive brake system market. Consumers expect responsive braking systems that deliver smooth, precise braking performance across various driving conditions. Consequently, automakers integrate advanced brake technologies, such as electronic brake-force distribution (EBD), regenerative braking systems, and brake-by-wire systems, to improve vehicle handling, reduce stopping distances, and enhance overall driving comfort, thereby driving market growth. Safety Regulations and Standards- Governments worldwide impose regulations to enhance vehicle safety, including requirements for improved braking performance, anti-lock braking systems (ABS), electronic stability control (ESC), and autonomous emergency braking (AEB).
Technological Transition- The automotive brake system market faces limitations due to the challenges associated with transitioning from traditional hydraulic brake systems to advanced electronic braking technologies, requiring substantial investments in research, development, and infrastructure. Regulatory Compliance- Stringent safety and emission regulations impose constraints on the automotive brake system market, necessitating continuous innovation to meet evolving standards while ensuring cost-effectiveness and performance, which can increase production costs.
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In October 2023, Continental AG partnered with Munich-based high-tech company DeepDrive to advance core technologies for electric vehicles collaboratively. The partnership involves the joint development of an integrated unit that combines drive and brake components designed for direct mounting on the vehicle wheel.
(Source: https://www.continental.com/en/)
Top Companies Market Share in Automotive Brake System Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue as the region has a large automotive manufacturing base, with major players like Ford, General Motors, and Fiat Chrysler Automobiles headquartered there. Further, stringent safety regulations and consumer preferences for advanced braking technologies drive the demand for innovative brake systems. Additionally, North America's robust aftermarket for automotive parts and accessories further contributes to its dominance in the market, offering a wide range of brake system options to consumers.
Asia-Pacific stands out as the fastest-growing region in the Automotive Brake System market due to rapid urbanization, rising disposable incomes, and expanding automotive production in countries like China, India, and Japan are driving the demand for vehicles equipped with advanced brake systems. Additionally, stringent safety regulations and increasing awareness about vehicle safety features contribute to the adoption of advanced braking technologies in the region. This growth trend is expected to continue as automotive markets in Asia Pacific mature and expand further.
The current report Scope analyzes Automotive Brake System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automotive Brake System Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Brake System Industry growth. Automotive Brake System market has been segmented with the help of its Type, Vehicle Technology, and others. Automotive Brake System market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The report provides a detailed categorization and differentiation of competitors in the Automotive Brake System market based on their offerings and business models. It will include key information for each segment, such as definitions, benefits, applications, technological advancements, regional advantages, and other related factors. Additionally, the study will present market growth figures for each type within the specified timeframe, including numerical data like market share percentages, revenue figures for each segment, and growth rates (e.g., CAGR). (For more information, request a sample of the pages or contact the analyst/author directly)
Type of Automotive Brake System analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Brake System Industry. Request a Free Sample PDF!
This report forecasts revenue growth in the Automotive Brake System industry at global, regional, and national levels, analyzing the latest trends and pinpointing opportunities for each application of given timeframe. This analysis examines how business offerings utilizes to meet specific demands. Key factors to include in the by-application segment analysis are market size, growth potential, revenue contribution by application, technological advancements tailored to each industry (e.g., temperature-controlled logistics for pharmaceuticals or perishables), and regulatory requirements. Furthermore, our research team is prepared to provide additional insights, including a comprehensive analysis of the value chain specific to the Automotive Brake System industry, which will highlight key players, processes, and interdependencies across the supply chain. We also offer valuable operational benchmarks to compare performance metrics and identify best practices within the industry. Additionally, we can deliver other specialized and customized information tailored to meet the unique needs and challenges of the Automotive Brake System sector, enabling businesses to make informed decisions and stay competitive in a dynamic market. For more information, please request a sample or contact our research team.
Some of the key Vehicle of Automotive Brake System are:
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According to Cognitive Market Research, electronic stability control (ESC) is the dominating category as it significantly enhances vehicle safety and stability. ESC systems use sensors to monitor vehicle dynamics and automatically intervene by selectively applying brakes to individual wheels or adjusting engine power to prevent skidding or loss of control during abrupt maneuvers or slippery road conditions. As governments worldwide mandate ESC in new vehicles and consumers prioritize safety features, the demand for ESC-equipped brake systems continues to grow, solidifying ESC's dominance in the automotive brake system market.
Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Brake System Market is witnessing significant growth in the near future.
In 2023, the Disc Brakes segment accounted for noticeable share of global Automotive Brake System Market and is projected to experience significant growth in the near future.
The Passenger Vehicles segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Nissin Kogyo Co. Ltd. , ZF Friedrichshafen AG and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Disc Brakes, Drum Brakes |
Vehicle | Passenger Vehicles, Commercial Vehicles |
Technology | Anti-Lock Brake System (ABS), Traction Control System (TCS), Electronic Stability Control (ESC), Electronic Brake-Force Distribution (EBD) |
List of Competitors | Nissin Kogyo Co. Ltd., Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Aisin Seiki Co, Ltd., Knorr-Bremse AG, Brembo S.p.A, Akebono Brake Industry Co., Haldex AB, Mando Corporation, Advics Co. Ltd., Delphi Technologies, Hitachi Astemo, Ltd., TRW Automotive Holdings Corp., Autoliv Inc., Hella Pagid GmbH |
This chapter will help you gain GLOBAL Market Analysis of Automotive Brake System. Further deep in this chapter, you will be able to review Global Automotive Brake System Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Brake System. Further deep in this chapter, you will be able to review North America Automotive Brake System Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Brake System. Further deep in this chapter, you will be able to review Europe Automotive Brake System Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Brake System. Further deep in this chapter, you will be able to review Asia Pacific Automotive Brake System Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Brake System. Further deep in this chapter, you will be able to review South America Automotive Brake System Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Brake System. Further deep in this chapter, you will be able to review Middle East Automotive Brake System Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Brake System. Further deep in this chapter, you will be able to review Middle East Automotive Brake System Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Brake System. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Vehicle Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Technology Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Brake System market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Disc Brakes have a significant impact on Automotive Brake System market? |
What are the key factors affecting the Disc Brakes and Drum Brakes of Automotive Brake System Market? |
What is the CAGR/Growth Rate of Passenger Vehicles during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Brake System Market? |
Which region is expected to dominate the global Automotive Brake System Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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