The Automotive Brake Systems Global Market Report 2023, provides comprehensive information on the automotive brake systems market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Automotive Brake Systems Global Market Report 2023, the market size is expected to grow from $33.37 billion in 2022 to $36.58 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive brake systems market size is expected to grow to $49.51 billion in 2027 at a CAGR of 7.9%.
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The automotive brake systems market is segmented:
1) By Product Type: Disc Brakes, Drum Brakes
2) By Technology: Antilock Braking Systems (ABS), Electronic Stability Control (ESC), Traction Stability Control (TCS), Electronic Brakeforce Distribution (EBD)
3) By Sales Channel: Original Equipment Manufacturers (OEMs), Aftermarket
4) By Vehicle Type: Passenger Car, Light-commercial Vehicles (LCV), Truck, Bus
Top 5 Major Key Players
- Advics Co Ltd.
- Aisin Seiki Co Ltd.
- Continental AG
- Brembo SpA
- Robert Bosch GMBH
Asia-Pacific was the largest region in the automotive brake systems market in 2022.
The table of contents in TBRC’s automotive brake systems market report includes:
- Executive Summary
- Automotive Brake Systems Market Characteristics
- Automotive Brake Systems Market Trends And Strategies
- Automotive Brake Systems Market – Macro Economic Scenario
- Automotive Brake Systems Market Size And Growth
…..
- Africa Automotive Brake Systems Market
- Automotive Brake Systems Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Automotive Brake Systems Market
- Automotive Brake Systems Market Future Outlook and Potential Analysis
- Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Automotive Brake Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Automotive Brake Systems Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Automotive Brake Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…..
Table 47: Advics Co Ltd Financial Performance
Table 48: Aisin Seiki Co Ltd Financial Performance
Table 49: Akebono Brake Industry Co. Ltd. Financial Performance
Table 50: Brembo SpA Financial Performance
Table 51: Continental AG Financial Performance
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