ブレーキシステム市場:タイプ(ディスク、ドラム)、技術(ABS、ESC、TCS、EBD)、オン/オフハイウェイ車(乗用車、LCV、HCV、建設・鉱山、トラクター、ATV)、OHVブレーキ(油圧湿式、油圧静圧、ダイナミック)、作動装置、地域別 - 2027年までの世界市場予測Brake System Market by Type (Disc, Drum), Technology (ABS, ESC, TCS, EBD), On & Off-Highway Vehicle (Passenger Car, LCV, HCV, Construction-Mining, Tractor, ATV), OHV Brake (Hydraulic Wet, Hydrostatic, Dynamic), Actuation and Region - Global Forecast to 2027 ブレーキシステム市場は、2022年の推定222億米ドルから、2027年には281億米ドルに達すると予測され、予測期間中のCAGRは4.8%となります。世界のさまざまな政府が、ABS、ESC、TCS、EBDなどの安全機能を自動車に義... もっと見る
日本語のページは自動翻訳を利用し作成しています。
サマリーブレーキシステム市場は、2022年の推定222億米ドルから、2027年には281億米ドルに達すると予測され、予測期間中のCAGRは4.8%となります。世界のさまざまな政府が、ABS、ESC、TCS、EBDなどの安全機能を自動車に義務付けることで、安全基準を導入しています。これが電子ブレーキシステム市場を強く後押ししています。この需要は、ハイエンド車や高級車の人気の高まりによって、さらに加速されると思われます。インド、中国、ブラジル、メキシコ、アルゼンチンなどの国々は、自動車の安全基準の強化に力を入れています。しかし、メンテナンスと修理のコストが高いため、特に発展途上国では市場成長の妨げになる可能性があります。 "アクチュエーション別では、油圧ブレーキが最大の市場になると予想される。" 乗用車や小型商用車(LCV)の生産台数の増加が、油圧式ブレーキシステムの成長を促進しています。機械式ブレーキよりも放熱性が高い、制動力の伝達が良い、コンパクトである、アフターマーケットでブレーキ部品が容易に入手できるため修理が容易であるなどの利点が、油圧ブレーキシステムの普及を促進する要因になっています。油圧ブレーキ市場は、乗用車やLCVの生産に直結しているため、中国、日本、インドが最大の市場となっています。また、北米とヨーロッパは、油圧ブレーキの存在感が大きい。しかし、現地の自動車OEMが発展途上国に製造を委託しているため、ブレーキ製品のアフターマーケットはこれらの発展途上国で有望な成長を見せると予想されます。 「乗用車用ブレーキシステム市場が最も成長する。 乗用車は世界の自動車生産台数の60%以上を占めており、そのためブレーキの需要が最も多いセグメントです。乗用車には、サービスブレーキとパーキングブレーキという2つのブレーキシステムが採用されています。乗用車用ブレーキ市場の主な要因は、個人所有の自動車やライドシェアの増加による生産台数の増加、および政府による安全性の義務付けです。先進的なブレーキは欧州や北米で普及していますが、アジア太平洋地域では普及が進んでいるため、ブレーキシステム市場の拡大が期待されています。アジア太平洋地域の多くの国では、新車に電子ブレーキシステムの使用を義務付ける規制を導入しています。2019年4月、Bharat NCAPの下、インドの道路交通・高速道路省は、2023年までに電子安定制御や自律ブレーキなどの安全ブレーキ機能を乗用車の義務装備とすると発表しました。乗用車の安全規制が厳しくなることで、先進的なブレーキシステムの採用が進むと予測されます。欧州と北米の乗用車は、すでに先進的なブレーキシステムの普及率が高く、この普及率は今後さらに高まると予想されます。 "北米は今後数年間、ATVブレーキシステム市場をリードし続ける" スポーツ/レジャー活動の人気の高まり、農場での使用の増加、オフロードスポーツのイベント/選手権の数の増加は、世界のATV市場を牽引すると思われます。このような世界的なATVの成長により、ATVブレーキシステム市場に機会が生まれると思われます。アジア太平洋地域では、オーストラリアがATVの主要市場となっており、ATVの中で最も多く使用されているのが実用型ATVです。アジア太平洋地域では、ほとんどのATVがドラムブレーキを使用しているため、ATV用ドラムブレーキシステムの市場はアジア太平洋地域で最も大きくなると予想されます。 一方、北米は世界最大のATV市場であり、世界のATVブレーキシステム市場の60%以上を占めています。北米は、森林が多く、レクリエーションスポーツが盛んで、軍事や農業にも利用されていることが、ATV市場の高いシェアにつながっています。したがって、北米は予測期間中、主要なATVブレーキシステム市場であることに変わりはありません。 「アジア太平洋地域は、予測期間中に先進的な電子ブレーキシステムの採用で最も高い成長を記録するだろう。 アジア太平洋地域は、各国政府による優遇措置の増加、国内市場の成長、現地自動車メーカーにとってのコストメリットにより、近年、自動車生産における最大の拠点として浮上しています。BMWモーターズ(ドイツ)やフォルクスワーゲンAG(ドイツ)などのメーカーが、すでにこれらの国に大規模な製造拠点を設置しています。自動車生産台数の増加が、同地域の自動車用ブレーキシステム市場を牽引しています。2022年現在、ドラムとディスクの組み合わせは、この地域の自動車メーカーに人気があります。しかし、この地域の顧客の嗜好の変化に伴い、高級車やスポーツカーの市場が拡大しており、ディスクブレーキの組み合わせの成長に貢献すると予測されます。アイシン精機株式会社(日本)、曙ブレーキ工業株式会社(日本)など(アイシン精機株式会社(日本)、曙ブレーキ工業株式会社(日本)、Mando Corporation(韓国)、日立オートモティブシステムズ株式会社(日本)などが、この地域で強い存在感を示しています。(日本)がこの地域で強い存在感を示しています。さらに、アジア太平洋地域では、中国とインドが最大のブレーキシステム市場となっています。中国とインドでは、自動車用機器・部品の承認と認定に関する国連協定(ECE-R-13)の規制遵守と相まって、自動車生産台数の増加がブレーキシステム市場の原動力となっています。日本と韓国も、米国のFMVSS105と欧州のECE R13-Hガイドラインに規定された高度なブレーキシステム規制を遵守する地域規制により、電子ブレーキシステムが大幅に普及しています。このように、厳しい安全基準の実施に伴い、ブレーキシステムの需要は今後さらに拡大することが予想される。 なお、本調査は、同市場で事業を展開するさまざまな主要企業の副社長、マーケティング部長、技術部長、経営幹部を対象に詳細なインタビューを実施したものです。 - 企業タイプ別供給側:60%、需要側:40 - 職位別Cレベル:30%、Dレベル:30%、その他:40 - 地域別アジア太平洋地域60%、欧州20%、北米20 ブレーキシステム市場は、Robert Bosch GmbH(ドイツ)、ZF Friedrichshafen AG(ドイツ)、Continental AG(ドイツ)、Aisin Seiki Co, Ltd.(日本)、Knorr-Berlin Co., Ltd.(日本)など、世界有数のプレーヤーが牽引しています。(日本)、Knorr-Bremse AG(ドイツ)、Brembo S.p.A(イタリア)、Hitachi Astemo Ltd.(日本)、Mando Corporation(米国)。(日本)、Mando Corporation(韓国)、Haldex AB(スウェーデン)です。本調査では、これらのブレーキシステム市場の主要企業について、企業プロファイル、上位5社のMnMビュー、最近の動向、主要な市場戦略など、詳細な競合分析を行っています。 調査対象範囲 ブレーキシステム市場は、地域(アジア太平洋、欧州、北米、RoW)、車両タイプ(乗用車、LCV、トラック、バス)、ブレーキタイプ(ディスクブレーキ、ドラムブレーキ)、技術(アンチロックブレーキシステム、トラクションコントロールシステム、電子安定制御、電子制動力配分)により細分化されます。オフハイウェイアプリケーション(農業用トラクター、建設機械、鉱山機械)、オフハイウェイブレーキタイプ(静圧ブレーキ、油圧湿式ブレーキ、ダイナミックブレーキ、その他)、作動方式(油圧、空気圧)、回生ブレーキ市場(BEV、PHEV)、ATVブレーキシステム市場(アジア太平洋、欧州、北米、RoW)。 また、本調査では、市場の主要企業の詳細な競合分析、企業プロファイル、製品および事業の提供に関する主要な見解、最近の開発、主要な市場戦略も掲載しています。 レポート購入の主なメリット 本レポートは、ブレーキシステム市場全体とサブセグメントに関する収益数の最も近い近似値に関する情報を提供し、この市場における市場リーダー/新規参入者を支援します。本レポートは、利害関係者が競争環境を理解し、自社のビジネスをより良く位置づけ、適切な市場参入戦略を計画するための洞察を得るのに役立ちます。また、市場の脈動を理解し、主要な市場促進要因、阻害要因、課題、機会に関する情報をステークホルダーに提供するのに役立ちます。 目次1 INTRODUCTION 341.1 STUDY OBJECTIVES 34 1.2 MARKET DEFINITION 35 1.2.1 INCLUSIONS & EXCLUSIONS 36 1.3 STUDY SCOPE 37 FIGURE 1 BRAKE SYSTEM MARKET: MARKET SEGMENTATION 37 FIGURE 2 BRAKE SYSTEM MARKET: BY REGION 38 1.4 SUMMARY OF CHANGES 38 2 RESEARCH METHODOLOGY 40 2.1 RESEARCH DATA 40 FIGURE 3 RESEARCH DESIGN 40 FIGURE 4 RESEARCH METHODOLOGY MODEL 41 2.1.1 SECONDARY DATA 41 2.1.1.1 List of key secondary sources 42 2.1.1.2 Key data from secondary sources 43 2.1.2 PRIMARY DATA 44 FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY STAKEHOLDER, DESIGNATION, & REGION 44 2.1.2.1 List of primary participants 45 2.2 MARKET ESTIMATION METHODOLOGY 45 FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 46 2.2.1 BOTTOM-UP APPROACH 46 FIGURE 7 BRAKE SYSTEM MARKET SIZE: BOTTOM-UP APPROACH (ON- & OFF-HIGHWAY EQUIPMENT AND REGION) 47 2.2.2 TOP-DOWN APPROACH 47 FIGURE 8 BRAKE SYSTEM MARKET SIZE: TOP-DOWN APPROACH (BY ACTUATION) 47 2.3 DATA TRIANGULATION 48 FIGURE 9 DATA TRIANGULATION METHODOLOGY 48 2.4 RESEARCH ASSUMPTIONS 49 2.4.1 GLOBAL ASSUMPTIONS 49 2.4.2 MARKET ASSUMPTIONS 50 2.5 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 52 2.6 FACTOR ANALYSIS 53 2.7 RESEARCH LIMITATIONS 53 3 EXECUTIVE SUMMARY 54 3.1 MARKET SCENARIO 54 3.2 REPORT SUMMARY 55 FIGURE 10 BRAKE SYSTEM MARKET: MARKET OUTLOOK 55 FIGURE 11 BRAKE SYSTEM MARKET, BY REGION, 2022 VS. 2027 (USD MILLION) 56 4 PREMIUM INSIGHTS 58 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BRAKE SYSTEM MARKET 58 FIGURE 12 STRINGENT SAFETY STANDARDS AND GROWING POPULARITY OF DISC BRAKES TO DRIVE MARKET 58 4.2 BRAKE SYSTEM MARKET, BY REGION 59 FIGURE 13 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD 59 4.3 BRAKE SYSTEM MARKET, BY TECHNOLOGY 59 FIGURE 14 ABS SEGMENT ESTIMATED TO HOLD LARGEST MARKET SHARE IN 2022 59 4.4 BRAKE SYSTEM MARKET, BY VEHICLE TYPE 60 FIGURE 15 PASSENGER CAR SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD 60 4.5 BRAKE SYSTEM MARKET, BY BRAKE TYPE 60 FIGURE 16 DISC BRAKE SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 60 4.6 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION 61 FIGURE 17 AGRICULTURAL EQUIPMENT SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 61 4.7 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY TYPE 61 FIGURE 18 HYDRAULIC WET BRAKE SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD 61 4.8 BRAKE SYSTEM MARKET, BY ACTUATION 62 FIGURE 19 PNEUMATIC BRAKE SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 62 4.9 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION 62 FIGURE 20 ASIA PACIFIC PROJECTED TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 62 4.10 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT 63 FIGURE 21 BRAKE DRUM SEGMENT TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD 63 5 MARKET OVERVIEW 64 5.1 INTRODUCTION 64 5.2 MARKET DYNAMICS 65 FIGURE 22 BRAKE SYSTEM MARKET: MARKET DYNAMICS 65 5.2.1 DRIVERS 65 5.2.1.1 Stringent safety regulations 65 5.2.1.1.1 Reduction of required stopping distance for light and heavy-duty vehicles through regulations 65 FIGURE 23 COMPARISON OF STOPPING DISTANCES AT 65 MPH FOR PASSENGER CARS AND TRUCKS IN US 66 FIGURE 24 TOTAL STOPPING DISTANCES FOR PASSENGER CARS AND TRUCKS 66 5.2.1.1.2 Inclusion of advanced brake systems such as ABS and EBD to enhance vehicle safety 66 FIGURE 25 EFFECT OF EBD 67 5.2.1.2 Integration of ACC in electronic braking systems to enhance vehicle handling 67 TABLE 1 VEHICLES WITH ADAPTIVE CRUISE CONTROL 68 FIGURE 26 ANALYSIS OF ELECTRONIC BRAKING SYSTEMS FOR DIFFERENT VEHICLE CLASSES 68 5.2.1.3 Impact of New Car Assessment Program (NCAP) 69 TABLE 2 LOCAL NEW CAR ASSESSMENT PROGRAMS (NCAP) 70 TABLE 3 FACTORS & WEIGHTAGE FOR EURO NCAP RATING 70 5.2.2 RESTRAINTS 71 5.2.2.1 High development and maintenance costs of advanced braking technology 71 TABLE 4 ABS CONTROL MODULE REPAIR COSTS (USD) 71 5.2.3 OPPORTUNITIES 72 5.2.3.1 Adoption of brake-by-wire systems 72 FIGURE 27 BRAKE-BY-WIRE MARKET, BY REGION, 2021 VS. 2025 (USD MILLION) 72 TABLE 5 VEHICLE MODELS WITH BRAKE-BY-WIRE SYSTEMS 73 5.2.3.2 Government regulations to make advanced emergency braking systems mandatory 73 5.2.3.3 Increased use of regenerative braking in EV ecosystem 74 FIGURE 28 ELECTRIC VEHICLE SALES, BY REGION, 2022 VS. 2030 (‘000 UNITS) 74 5.2.4 CHALLENGES 75 5.2.4.1 Malfunctioning of electronic braking systems 75 5.2.4.2 Air brake freeze-ups 75 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 76 FIGURE 29 REVENUE SHIFT FOR BRAKE SYSTEM MARKET 76 5.4 BRAKE SYSTEM MARKET, SCENARIOS (2018–2027) 77 5.5 MARKET ECOSYSTEM 77 TABLE 6 BRAKE SYSTEM MARKET: ECOSYSTEM 77 5.6 TECHNOLOGY ANALYSIS 78 5.7 CASE STUDY ANALYSIS 79 5.7.1 CASE STUDY 1 79 5.7.2 CASE STUDY 2 79 5.8 PATENT ANALYSIS 80 5.9 AVERAGE SELLING PRICE ANALYSIS 81 5.9.1 BY BRAKE TYPE 81 TABLE 7 AVERAGE SELLING PRICE, BY BRAKE TYPE, 2022 (USD) 81 5.9.2 BY VEHICLE TYPE 81 TABLE 8 AVERAGE SELLING PRICE, BY VEHICLE TYPE, 2022 (USD) 81 5.9.3 BY TECHNOLOGY 81 TABLE 9 AVERAGE SELLING PRICE, BY TECHNOLOGY, 2022 (USD) 81 5.10 VALUE CHAIN ANALYSIS 82 FIGURE 30 VALUE CHAIN ANALYSIS: BRAKE SYSTEM MARKET 83 5.11 PORTER’S FIVE FORCES ANALYSIS 84 FIGURE 31 PORTER’S FIVE FORCES ANALYSIS 84 5.11.1 THREAT OF NEW ENTRANTS 84 5.11.2 THREAT OF SUBSTITUTES 85 5.11.3 BARGAINING POWER OF SUPPLIERS 85 5.11.4 BARGAINING POWER OF BUYERS 85 5.11.5 INTENSITY OF COMPETITIVE RIVALRY 85 5.12 TRADE ANALYSIS 86 TABLE 10 TRADE ANALYSIS, VEHICLE PARTS; BRAKES, SERVO-BRAKES, AND PARTS THEREOF 86 5.13 REGULATORY LANDSCAPE 87 5.13.1 US: FEDERAL MOTOR SAFETY STANDARDS FOR BRAKE SYSTEM PARTS 88 TABLE 11 US: FEDERAL MOTOR VEHICLE SAFETY STANDARDS 88 5.13.2 VEHICLE SAFETY STANDARDS, BY COUNTRY/REGION 88 TABLE 12 VEHICLE SAFETY STANDARDS, BY REGION 88 5.13.3 ELECTRONIC BRAKE SYSTEM MANDATES, BY REGION 89 TABLE 13 ELECTRONIC BRAKE SYSTEM MANDATES, BY REGION 89 5.14 KEY STAKEHOLDERS IN BUYING PROCESS & BUYING CRITERIA 90 FIGURE 32 KEY BUYING CRITERIA FOR TOP 2 BRAKE TYPES 90 TABLE 14 KEY BUYING CRITERIA FOR TOP 2 BRAKE TYPES 90 5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 91 TABLE 15 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR ON-HIGHWAY VEHICLE APPLICATIONS (%) 91 5.15 KEY CONFERENCES 91 5.15.1 BRAKE SYSTEM MARKET: DETAILED LIST OF UPCOMING CONFERENCES AND EVENTS 91 6 BRAKE SYSTEM MARKET, BY BRAKE TYPE 92 6.1 INTRODUCTION 93 6.1.1 RESEARCH METHODOLOGY 93 6.1.2 ASSUMPTIONS/LIMITATIONS 93 6.1.3 INDUSTRY INSIGHTS 94 FIGURE 33 BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022 VS. 2027 (USD MILLION) 94 TABLE 16 BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 94 TABLE 17 BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 94 TABLE 18 BRAKE SYSTEM MARKET BY BRAKE TYPE, 2018–2021 (USD MILLION) 95 TABLE 19 BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 95 6.2 DISC BRAKE 95 6.2.1 BETTER HEAT DISSIPATION AND SELF-ADJUSTING FRICTION MATERIAL TO DRIVE DEMAND 95 TABLE 20 DISC BRAKE MARKET, BY REGION, 2018–2021 (‘000 UNITS) 96 TABLE 21 DISC BRAKE MARKET, BY REGION, 2022–2027 (‘000 UNITS) 96 TABLE 22 DISC BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 96 TABLE 23 DISC BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 96 6.3 DRUM BRAKE 97 6.3.1 COST-SENSITIVE NATURE OF EMERGING MARKETS EXPECTED TO DRIVE DEMAND 97 TABLE 24 DRUM BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 97 TABLE 25 DRUM BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 97 TABLE 26 DRUM BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 98 TABLE 27 DRUM BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 98 7 BRAKE SYSTEM MARKET, BY TECHNOLOGY 99 7.1 INTRODUCTION 100 7.1.1 RESEARCH METHODOLOGY 100 7.1.2 ASSUMPTIONS/LIMITATIONS 100 7.1.3 INDUSTRY INSIGHTS 100 FIGURE 34 BRAKE SYSTEM MARKET, BY TECHNOLOGY, 2022 VS. 2027 (‘000 UNITS) 101 TABLE 28 BRAKE SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (‘000 UNITS) 101 TABLE 29 BRAKE SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (‘000 UNITS) 101 7.2 ANTI-LOCK BRAKE SYSTEM (ABS) 102 7.2.1 REGULATIONS TO MANDATE ABS EXPECTED TO DRIVE SEGMENT 102 TABLE 30 ABS MARKET, BY REGION, 2018–2021 (‘000 UNITS) 102 TABLE 31 ABS MARKET, BY REGION, 2022–2027 (‘000 UNITS) 102 7.3 ELECTRONIC STABILITY CONTROL (ESC) 103 7.3.1 REDUCTION OF FATALITIES AND TECHNICAL BENEFITS EXPECTED TO DRIVE SEGMENT 103 TABLE 32 ESC MARKET, BY REGION, 2018–2021 (‘000 UNITS) 103 TABLE 33 ESC MARKET, BY REGION, 2022–2027 (‘000 UNITS) 103 7.4 TRACTION CONTROL SYSTEM (TCS) 104 7.4.1 BETTER TRACTION CONTROL AND LIMITED WHEEL SLIPPAGE EXPECTED TO DRIVE SEGMENT 104 TABLE 34 TCS MARKET, BY REGION, 2018–2021 (‘000 UNITS) 104 TABLE 35 TCS MARKET, BY REGION, 2022–2027 (‘000 UNITS) 104 7.5 ELECTRONIC BRAKE FORCE DISTRIBUTION (EBD) 105 7.5.1 STRINGENCY IN SAFETY REGULATIONS EXPECTED TO DRIVE SEGMENT 105 TABLE 36 EBD MARKET, BY REGION, 2018–2021 (‘000 UNITS) 105 TABLE 37 EBD MARKET, BY REGION, 2022–2027 (‘000 UNITS) 105 8 BRAKE SYSTEM MARKET, BY VEHICLE TYPE 106 8.1 INTRODUCTION 107 8.1.1 RESEARCH METHODOLOGY 107 8.1.2 ASSUMPTIONS/LIMITATIONS 107 8.1.3 INDUSTRY INSIGHTS 108 FIGURE 35 BRAKE SYSTEM MARKET, BY VEHICLE TYPE, 2022 VS. 2027 (USD MILLION) 108 TABLE 38 BRAKE SYSTEM MARKET, BY VEHICLE TYPE, 2018–2021 (‘000 UNITS) 108 TABLE 39 BRAKE SYSTEM MARKET, BY VEHICLE TYPE, 2022–2027 (‘000 UNITS) 109 TABLE 40 BRAKE SYSTEM MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION) 109 TABLE 41 BRAKE SYSTEM MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION) 109 8.2 PASSENGER CAR 110 8.2.1 STRINGENT SAFETY STANDARDS EXPECTED TO DRIVE SEGMENT 110 TABLE 42 PASSENGER CAR BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 110 TABLE 43 PASSENGER CAR BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 110 TABLE 44 PASSENGER CAR BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 111 TABLE 45 PASSENGER CAR BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 111 8.3 LIGHT COMMERCIAL VEHICLE (LCV) 111 8.3.1 GROWING DEMAND FOR ADVANCED BRAKING SYSTEMS EXPECTED TO DRIVE SEGMENT 111 TABLE 46 LCV BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 112 TABLE 47 LCV BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 112 TABLE 48 LCV BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 112 TABLE 49 LCV BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 112 8.4 TRUCK 113 8.4.1 INTRODUCTION OF ELECTRONIC BRAKE SYSTEMS EXPECTED TO DRIVE SEGMENT 113 TABLE 50 TRUCK BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 113 TABLE 51 TRUCK BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 114 TABLE 52 TRUCK BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 114 TABLE 53 TRUCK BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 114 8.5 BUS 115 8.5.1 ADOPTION OF EFFICIENT BRAKE SYSTEMS EXPECTED TO DRIVE SEGMENT 115 TABLE 54 BUS BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 115 TABLE 55 BUS BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 115 TABLE 56 BUS BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 116 TABLE 57 BUS BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 116 9 BRAKE SYSTEM MARKET, BY ACTUATION 117 9.1 INTRODUCTION 118 9.1.1 RESEARCH METHODOLOGY 118 9.1.2 ASSUMPTIONS/LIMITATIONS 118 9.1.3 INDUSTRY INSIGHTS 118 FIGURE 36 BRAKE SYSTEM MARKET, BY ACTUATION, 2022 VS. 2027 (‘000 UNITS) 119 TABLE 58 BRAKE SYSTEM MARKET, BY ACTUATION, 2018–2021 (‘000 UNITS) 119 TABLE 59 BRAKE SYSTEM MARKET, BY ACTUATION, 2022–2027 (‘000 UNITS) 119 9.2 HYDRAULIC BRAKE 120 9.2.1 LIGHT CONSTRUCTION AND LOW OVERALL WEIGHT TO DRIVE DEMAND 120 TABLE 60 HYDRAULIC BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 120 TABLE 61 HYDRAULIC BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 120 9.3 PNEUMATIC BRAKE 121 9.3.1 SAFETY REGULATIONS FOR HEAVY COMMERCIAL VEHICLES TO DRIVE DEMAND 121 TABLE 62 PNEUMATIC BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 121 TABLE 63 PNEUMATIC BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 121 10 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION 122 10.1 INTRODUCTION 123 10.1.1 RESEARCH METHODOLOGY 123 10.1.2 ASSUMPTIONS/LIMITATIONS 123 10.1.3 INDUSTRY INSIGHTS 124 FIGURE 37 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION) 124 TABLE 64 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION, 2018–2021 (‘000 UNITS) 124 TABLE 65 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION, 2022–2027 (‘000 UNITS) 125 TABLE 66 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 125 TABLE 67 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 125 10.2 AGRICULTURAL EQUIPMENT 126 10.2.1 GROWING DEMAND FOR HIGH-POWERED TRACTORS TO DRIVE DEMAND FOR OIL-IMMERSED DISC BRAKES 126 TABLE 68 AGRICULTURAL EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 126 TABLE 69 AGRICULTURAL EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 126 TABLE 70 AGRICULTURAL EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 127 TABLE 71 AGRICULTURAL EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 127 10.3 CONSTRUCTION EQUIPMENT 128 TABLE 72 CONSTRUCTION EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 128 TABLE 73 CONSTRUCTION EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 128 TABLE 74 CONSTRUCTION EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 129 TABLE 75 CONSTRUCTION EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 129 10.4 MINING EQUIPMENT 129 TABLE 76 MINING EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 130 TABLE 77 MINING EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 130 TABLE 78 MINING EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 130 TABLE 79 MINING EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 131 11 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE 132 11.1 INTRODUCTION 133 11.1.1 RESEARCH METHODOLOGY 133 11.1.2 ASSUMPTIONS/LIMITATIONS 133 11.1.3 INDUSTRY INSIGHTS 134 FIGURE 38 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022 VS. 2027 (USD MILLION) 134 TABLE 80 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 134 TABLE 81 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 135 TABLE 82 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 135 TABLE 83 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 135 11.2 HYDROSTATIC BRAKE 136 11.2.1 INCREASING DEPLOYMENT OF MINING EQUIPMENT WITH HYDROSTATIC BRAKING EXPECTED TO DRIVE SEGMENT 136 TABLE 84 OFF-HIGHWAY EQUIPMENT HYDROSTATIC BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 136 TABLE 85 OFF-HIGHWAY EQUIPMENT HYDROSTATIC BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 136 TABLE 86 OFF-HIGHWAY EQUIPMENT HYDROSTATIC BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 137 TABLE 87 OFF-HIGHWAY EQUIPMENT HYDROSTATIC BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 137 11.3 HYDRAULIC WET BRAKE 137 11.3.1 SAFETY REGULATIONS FOR HEAVY COMMERCIAL VEHICLES EXPECTED TO DRIVE SEGMENT 137 TABLE 88 OFF-HIGHWAY EQUIPMENT HYDRAULIC WET BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 138 TABLE 89 OFF-HIGHWAY EQUIPMENT HYDRAULIC WET BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 138 TABLE 90 OFF-HIGHWAY EQUIPMENT HYDRAULIC WET BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 138 TABLE 91 OFF-HIGHWAY EQUIPMENT HYDRAULIC WET BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 139 11.4 DYNAMIC BRAKE 139 11.4.1 STRINGENCY IN SAFETY STANDARDS EXPECTED TO DRIVE SEGMENT 139 TABLE 92 OFF-HIGHWAY EQUIPMENT DYNAMIC BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 139 TABLE 93 OFF-HIGHWAY EQUIPMENT DYNAMIC BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 140 TABLE 94 OFF-HIGHWAY EQUIPMENT DYNAMIC BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 140 TABLE 95 OFF-HIGHWAY EQUIPMENT DYNAMIC BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 140 11.5 OTHERS 141 TABLE 96 OFF-HIGHWAY EQUIPMENT OTHER BRAKE SYSTEMS MARKET, BY REGION, 2018–2021 (‘000 UNITS) 141 TABLE 97 OFF-HIGHWAY EQUIPMENT OTHER BRAKE SYSTEMS MARKET, BY REGION, 2022–2027 (‘000 UNITS) 141 TABLE 98 OFF-HIGHWAY EQUIPMENT OTHER BRAKE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION) 141 TABLE 99 OFF-HIGHWAY EQUIPMENT OTHER BRAKE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION) 142 12 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT 143 12.1 INTRODUCTION 144 12.1.1 RESEARCH METHODOLOGY 144 12.1.2 ASSUMPTIONS/LIMITATIONS 144 12.1.3 INDUSTRY INSIGHTS 145 FIGURE 39 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2022 VS. 2027 (USD MILLION) 145 TABLE 100 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2021 (MILLION UNITS) 146 TABLE 101 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2022–2027 (MILLION UNITS) 146 TABLE 102 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2021 (USD MILLION) 146 TABLE 103 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2022–2027 (USD MILLION) 147 13 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION 149 13.1 INTRODUCTION 150 13.1.1 RESEARCH METHODOLOGY 150 13.1.2 ASSUMPTIONS/LIMITATIONS 150 13.1.3 INDUSTRY INSIGHTS 151 FIGURE 40 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION, 2022 VS. 2027 (USD MILLION) 151 TABLE 104 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 151 TABLE 105 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 152 TABLE 106 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 152 TABLE 107 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION, 2022–2027( USD MILLION) 152 14 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE 154 14.1 INTRODUCTION 155 14.1.1 RESEARCH METHODOLOGY 155 14.1.2 ASSUMPTIONS/LIMITATIONS 155 14.1.3 INDUSTRY INSIGHTS 155 FIGURE 41 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE, 2022 VS. 2027 (USD MILLION) 156 TABLE 108 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE, 2018–2021 (‘000 UNITS) 156 TABLE 109 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE, 2022–2027 (‘000 UNITS) 156 TABLE 110 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE, 2018–2021 (USD MILLION) 157 TABLE 111 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE, 2022–2027 (USD MILLION) 157 14.2 BEV 157 14.2.1 ATTRACTIVE GOVERNMENT INITIATIVES AND STRINGENT EMISSION STANDARDS TO DRIVE BEV SALES 157 TABLE 112 BEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 157 TABLE 113 BEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 158 TABLE 114 BEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 158 TABLE 115 BEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 158 14.3 PHEV 159 14.3.1 GROWING SALES DUE TO STRINGENT EMISSION STANDARDS TO DRIVE DEMAND 159 TABLE 116 PHEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 159 TABLE 117 PHEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 159 TABLE 118 PHEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 159 TABLE 119 PHEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 160 15 BRAKE SYSTEM MARKET, BY REGION 161 15.1 INTRODUCTION 162 15.1.1 RESEARCH METHODOLOGY 162 15.1.2 ASSUMPTIONS/LIMITATIONS 163 15.1.3 INDUSTRY INSIGHTS 163 FIGURE 42 BRAKE SYSTEM MARKET, BY REGION, 2022 VS. 2027 (USD MILLION) 163 TABLE 120 BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 164 TABLE 121 BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 164 TABLE 122 BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 164 TABLE 123 BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 165 15.2 ASIA PACIFIC 165 FIGURE 43 ASIA PACIFIC BRAKE SYSTEM MARKET SNAPSHOT 166 TABLE 124 ASIA PACIFIC: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (‘000 UNITS) 166 TABLE 125 ASIA PACIFIC: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (‘000 UNITS) 167 TABLE 126 ASIA PACIFIC: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 167 TABLE 127 ASIA PACIFIC: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 167 15.2.1 CHINA 168 15.2.1.1 Growing vehicle production to drive market 168 TABLE 128 CHINA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 168 TABLE 129 CHINA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 168 TABLE 130 CHINA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 168 TABLE 131 CHINA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 169 15.2.2 INDIA 169 15.2.2.1 Stringency in safety standards to drive market 169 TABLE 132 INDIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 169 TABLE 133 INDIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 170 TABLE 134 INDIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 170 TABLE 135 INDIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 170 15.2.3 JAPAN 170 15.2.3.1 Rising penetration of automatic braking systems to drive market 170 TABLE 136 JAPAN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 171 TABLE 137 JAPAN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 171 TABLE 138 JAPAN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 171 TABLE 139 JAPAN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 171 15.2.4 SOUTH KOREA 172 15.2.4.1 Government mandates for implementation of advanced brake systems to drive market 172 TABLE 140 SOUTH KOREA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 172 TABLE 141 SOUTH KOREA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 172 TABLE 142 SOUTH KOREA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 172 TABLE 143 SOUTH KOREA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 172 15.2.5 REST OF ASIA PACIFIC 173 TABLE 144 REST OF ASIA PACIFIC: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 173 TABLE 145 REST OF ASIA PACIFIC: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 173 TABLE 146 REST OF ASIA PACIFIC: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 174 TABLE 147 REST OF ASIA PACIFIC: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 174 15.3 EUROPE 174 FIGURE 44 EUROPE: BRAKE SYSTEM MARKET, BY COUNTRY, 2022 VS. 2027 175 TABLE 148 EUROPE: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (‘000 UNITS) 175 TABLE 149 EUROPE: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (‘000 UNITS) 175 TABLE 150 EUROPE: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 176 TABLE 151 EUROPE: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 176 15.3.1 GERMANY 176 15.3.1.1 Implementation of advanced emergency braking systems as standard fitment to drive market 176 TABLE 152 GERMANY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 177 TABLE 153 GERMANY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 177 TABLE 154 GERMANY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 177 TABLE 155 GERMANY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 177 15.3.2 FRANCE 178 15.3.2.1 Increasing penetration of disc brakes to drive market 178 TABLE 156 FRANCE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 178 TABLE 157 FRANCE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 178 TABLE 158 FRANCE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 178 TABLE 159 FRANCE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 178 15.3.3 SPAIN 179 15.3.3.1 Implementation of AEB in passenger cars to drive market 179 TABLE 160 SPAIN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 179 TABLE 161 SPAIN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 179 TABLE 162 SPAIN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 179 TABLE 163 SPAIN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 180 15.3.4 ITALY 180 15.3.4.1 Regulations mandating AEB to drive market 180 TABLE 164 ITALY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 180 TABLE 165 ITALY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 180 TABLE 166 ITALY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 180 TABLE 167 ITALY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 181 15.3.5 UK 181 15.3.5.1 Increasing adoption of ABS and ESC to drive market 181 TABLE 168 UK: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 181 TABLE 169 UK: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 181 TABLE 170 UK: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 182 TABLE 171 UK: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 182 15.3.6 REST OF EUROPE 182 TABLE 172 REST OF EUROPE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 182 TABLE 173 REST OF EUROPE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 182 TABLE 174 REST OF EUROPE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 183 TABLE 175 REST OF EUROPE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 183 15.4 NORTH AMERICA 183 FIGURE 45 NORTH AMERICA: BRAKE SYSTEM MARKET SNAPSHOT 184 TABLE 176 NORTH AMERICA: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (‘000 UNITS) 184 TABLE 177 NORTH AMERICA: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (‘000 UNITS) 185 TABLE 178 NORTH AMERICA: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 185 TABLE 179 NORTH AMERICA: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 185 15.4.1 US 185 15.4.1.1 Regulations to reduce stopping distance in commercial vehicles to drive market 185 TABLE 180 US: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 186 TABLE 181 US: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 186 TABLE 182 US: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 186 TABLE 183 US: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 186 15.4.2 CANADA 187 15.4.2.1 Mandatory features such as ABS and ESC to drive market 187 TABLE 184 CANADA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 187 TABLE 185 CANADA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 187 TABLE 186 CANADA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 187 TABLE 187 CANADA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 188 15.4.3 MEXICO 188 15.4.3.1 Free trade agreements promoting domestic production of brake system components to drive market 188 TABLE 188 MEXICO: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 188 TABLE 189 MEXICO: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 188 TABLE 190 MEXICO: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 189 TABLE 191 MEXICO: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 189 15.5 REST OF THE WORLD (ROW) 189 FIGURE 46 ROW: BRAKE SYSTEM MARKET, BY COUNTRY, 2022 VS. 2027 (USD MILLION) 190 TABLE 192 REST OF THE WORLD: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (‘000 UNITS) 190 TABLE 193 REST OF THE WORLD: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (‘000 UNITS) 190 TABLE 194 REST OF THE WORLD: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 191 TABLE 195 REST OF THE WORLD: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 191 15.5.1 BRAZIL 191 15.5.1.1 Setting up of local plants for brake system components to drive market 191 TABLE 196 BRAZIL: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 191 TABLE 197 BRAZIL: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 192 TABLE 198 BRAZIL: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 192 TABLE 199 BRAZIL: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 192 15.5.2 TURKEY 192 15.5.2.1 Lower manufacturing and labor costs to drive market 192 TABLE 200 TURKEY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 193 TABLE 201 TURKEY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 193 TABLE 202 TURKEY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 193 TABLE 203 TURKEY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 193 15.5.3 RUSSIA 194 15.5.3.1 Increasing adoption of disc brakes in LCVs to drive market 194 TABLE 204 RUSSIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 194 TABLE 205 RUSSIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 194 TABLE 206 RUSSIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 194 TABLE 207 RUSSIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 194 15.5.4 OTHERS 195 TABLE 208 OTHERS: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 195 TABLE 209 OTHERS: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 195 TABLE 210 OTHERS: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 195 TABLE 211 OTHERS: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 195 16 COMPETITIVE LANDSCAPE 196 16.1 OVERVIEW 196 16.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 196 TABLE 212 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENT AS KEY GROWTH STRATEGY, 2019–2021 196 16.3 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2021 198 16.4 MARKET SHARE ANALYSIS 199 TABLE 213 MARKET STRUCTURE, 2021 199 FIGURE 47 BRAKE SYSTEM MARKET SHARE ANALYSIS, 2021 199 16.5 COMPETITIVE LEADERSHIP MAPPING 200 16.5.1 STARS 200 16.5.2 EMERGING LEADERS 200 16.5.3 PERVASIVE PLAYERS 200 16.5.4 PARTICIPANTS 200 FIGURE 48 COMPETITIVE LEADERSHIP MAPPING: BRAKE SYSTEM MANUFACTURERS 201 TABLE 214 BRAKE SYSTEM MARKET: COMPANY FOOTPRINT 202 TABLE 215 COMPANY TECHNOLOGY FOOTPRINT 203 TABLE 216 COMPANY REGION FOOTPRINT (19 COMPANIES) 204 16.6 COMPETITIVE LEADERSHIP MAPPING: OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MANUFACTURERS 205 16.6.1 STARS 205 16.6.2 EMERGING LEADERS 205 16.6.3 PERVASIVE PLAYERS 205 16.6.4 PARTICIPANTS 205 FIGURE 49 COMPETITIVE LEADERSHIP MAPPING: OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MANUFACTURERS 206 TABLE 217 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET: COMPANY FOOTPRINT 207 TABLE 218 COMPANY INDUSTRY FOOTPRINT (OFF-HIGHWAY EQUIPMENT) (12 COMPANIES) 208 TABLE 219 COMPANY REGION FOOTPRINT (OFF-HIGHWAY EQUIPMENT) (12 COMPANIES) 209 16.7 COMPETITIVE SCENARIO 209 16.8 NEW PRODUCT LAUNCHES 210 TABLE 220 NEW PRODUCT DEVELOPMENT, 2018–2022 210 16.9 DEALS, AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, EXPANSION, AND JOINT VENTURES 213 TABLE 221 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES, 2018–2022 213
SummaryThe brake system market is projected to reach USD 28.1 billion by 2027 from an estimated USD 22.2 billion in 2022, at a CAGR of 4.8% during the forecast period. Various governments globally are implementing safety standards by making safety features such as ABS, ESC, TCS, and EBD mandatory in vehicles. This has strongly driven the electronic brake system market. This demand would further fuelled by the growing popularity of high-end and luxury cars. Table of Contents1 INTRODUCTION 341.1 STUDY OBJECTIVES 34 1.2 MARKET DEFINITION 35 1.2.1 INCLUSIONS & EXCLUSIONS 36 1.3 STUDY SCOPE 37 FIGURE 1 BRAKE SYSTEM MARKET: MARKET SEGMENTATION 37 FIGURE 2 BRAKE SYSTEM MARKET: BY REGION 38 1.4 SUMMARY OF CHANGES 38 2 RESEARCH METHODOLOGY 40 2.1 RESEARCH DATA 40 FIGURE 3 RESEARCH DESIGN 40 FIGURE 4 RESEARCH METHODOLOGY MODEL 41 2.1.1 SECONDARY DATA 41 2.1.1.1 List of key secondary sources 42 2.1.1.2 Key data from secondary sources 43 2.1.2 PRIMARY DATA 44 FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY STAKEHOLDER, DESIGNATION, & REGION 44 2.1.2.1 List of primary participants 45 2.2 MARKET ESTIMATION METHODOLOGY 45 FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 46 2.2.1 BOTTOM-UP APPROACH 46 FIGURE 7 BRAKE SYSTEM MARKET SIZE: BOTTOM-UP APPROACH (ON- & OFF-HIGHWAY EQUIPMENT AND REGION) 47 2.2.2 TOP-DOWN APPROACH 47 FIGURE 8 BRAKE SYSTEM MARKET SIZE: TOP-DOWN APPROACH (BY ACTUATION) 47 2.3 DATA TRIANGULATION 48 FIGURE 9 DATA TRIANGULATION METHODOLOGY 48 2.4 RESEARCH ASSUMPTIONS 49 2.4.1 GLOBAL ASSUMPTIONS 49 2.4.2 MARKET ASSUMPTIONS 50 2.5 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 52 2.6 FACTOR ANALYSIS 53 2.7 RESEARCH LIMITATIONS 53 3 EXECUTIVE SUMMARY 54 3.1 MARKET SCENARIO 54 3.2 REPORT SUMMARY 55 FIGURE 10 BRAKE SYSTEM MARKET: MARKET OUTLOOK 55 FIGURE 11 BRAKE SYSTEM MARKET, BY REGION, 2022 VS. 2027 (USD MILLION) 56 4 PREMIUM INSIGHTS 58 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BRAKE SYSTEM MARKET 58 FIGURE 12 STRINGENT SAFETY STANDARDS AND GROWING POPULARITY OF DISC BRAKES TO DRIVE MARKET 58 4.2 BRAKE SYSTEM MARKET, BY REGION 59 FIGURE 13 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD 59 4.3 BRAKE SYSTEM MARKET, BY TECHNOLOGY 59 FIGURE 14 ABS SEGMENT ESTIMATED TO HOLD LARGEST MARKET SHARE IN 2022 59 4.4 BRAKE SYSTEM MARKET, BY VEHICLE TYPE 60 FIGURE 15 PASSENGER CAR SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD 60 4.5 BRAKE SYSTEM MARKET, BY BRAKE TYPE 60 FIGURE 16 DISC BRAKE SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 60 4.6 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION 61 FIGURE 17 AGRICULTURAL EQUIPMENT SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 61 4.7 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY TYPE 61 FIGURE 18 HYDRAULIC WET BRAKE SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD 61 4.8 BRAKE SYSTEM MARKET, BY ACTUATION 62 FIGURE 19 PNEUMATIC BRAKE SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 62 4.9 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION 62 FIGURE 20 ASIA PACIFIC PROJECTED TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 62 4.10 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT 63 FIGURE 21 BRAKE DRUM SEGMENT TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD 63 5 MARKET OVERVIEW 64 5.1 INTRODUCTION 64 5.2 MARKET DYNAMICS 65 FIGURE 22 BRAKE SYSTEM MARKET: MARKET DYNAMICS 65 5.2.1 DRIVERS 65 5.2.1.1 Stringent safety regulations 65 5.2.1.1.1 Reduction of required stopping distance for light and heavy-duty vehicles through regulations 65 FIGURE 23 COMPARISON OF STOPPING DISTANCES AT 65 MPH FOR PASSENGER CARS AND TRUCKS IN US 66 FIGURE 24 TOTAL STOPPING DISTANCES FOR PASSENGER CARS AND TRUCKS 66 5.2.1.1.2 Inclusion of advanced brake systems such as ABS and EBD to enhance vehicle safety 66 FIGURE 25 EFFECT OF EBD 67 5.2.1.2 Integration of ACC in electronic braking systems to enhance vehicle handling 67 TABLE 1 VEHICLES WITH ADAPTIVE CRUISE CONTROL 68 FIGURE 26 ANALYSIS OF ELECTRONIC BRAKING SYSTEMS FOR DIFFERENT VEHICLE CLASSES 68 5.2.1.3 Impact of New Car Assessment Program (NCAP) 69 TABLE 2 LOCAL NEW CAR ASSESSMENT PROGRAMS (NCAP) 70 TABLE 3 FACTORS & WEIGHTAGE FOR EURO NCAP RATING 70 5.2.2 RESTRAINTS 71 5.2.2.1 High development and maintenance costs of advanced braking technology 71 TABLE 4 ABS CONTROL MODULE REPAIR COSTS (USD) 71 5.2.3 OPPORTUNITIES 72 5.2.3.1 Adoption of brake-by-wire systems 72 FIGURE 27 BRAKE-BY-WIRE MARKET, BY REGION, 2021 VS. 2025 (USD MILLION) 72 TABLE 5 VEHICLE MODELS WITH BRAKE-BY-WIRE SYSTEMS 73 5.2.3.2 Government regulations to make advanced emergency braking systems mandatory 73 5.2.3.3 Increased use of regenerative braking in EV ecosystem 74 FIGURE 28 ELECTRIC VEHICLE SALES, BY REGION, 2022 VS. 2030 (‘000 UNITS) 74 5.2.4 CHALLENGES 75 5.2.4.1 Malfunctioning of electronic braking systems 75 5.2.4.2 Air brake freeze-ups 75 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 76 FIGURE 29 REVENUE SHIFT FOR BRAKE SYSTEM MARKET 76 5.4 BRAKE SYSTEM MARKET, SCENARIOS (2018–2027) 77 5.5 MARKET ECOSYSTEM 77 TABLE 6 BRAKE SYSTEM MARKET: ECOSYSTEM 77 5.6 TECHNOLOGY ANALYSIS 78 5.7 CASE STUDY ANALYSIS 79 5.7.1 CASE STUDY 1 79 5.7.2 CASE STUDY 2 79 5.8 PATENT ANALYSIS 80 5.9 AVERAGE SELLING PRICE ANALYSIS 81 5.9.1 BY BRAKE TYPE 81 TABLE 7 AVERAGE SELLING PRICE, BY BRAKE TYPE, 2022 (USD) 81 5.9.2 BY VEHICLE TYPE 81 TABLE 8 AVERAGE SELLING PRICE, BY VEHICLE TYPE, 2022 (USD) 81 5.9.3 BY TECHNOLOGY 81 TABLE 9 AVERAGE SELLING PRICE, BY TECHNOLOGY, 2022 (USD) 81 5.10 VALUE CHAIN ANALYSIS 82 FIGURE 30 VALUE CHAIN ANALYSIS: BRAKE SYSTEM MARKET 83 5.11 PORTER’S FIVE FORCES ANALYSIS 84 FIGURE 31 PORTER’S FIVE FORCES ANALYSIS 84 5.11.1 THREAT OF NEW ENTRANTS 84 5.11.2 THREAT OF SUBSTITUTES 85 5.11.3 BARGAINING POWER OF SUPPLIERS 85 5.11.4 BARGAINING POWER OF BUYERS 85 5.11.5 INTENSITY OF COMPETITIVE RIVALRY 85 5.12 TRADE ANALYSIS 86 TABLE 10 TRADE ANALYSIS, VEHICLE PARTS; BRAKES, SERVO-BRAKES, AND PARTS THEREOF 86 5.13 REGULATORY LANDSCAPE 87 5.13.1 US: FEDERAL MOTOR SAFETY STANDARDS FOR BRAKE SYSTEM PARTS 88 TABLE 11 US: FEDERAL MOTOR VEHICLE SAFETY STANDARDS 88 5.13.2 VEHICLE SAFETY STANDARDS, BY COUNTRY/REGION 88 TABLE 12 VEHICLE SAFETY STANDARDS, BY REGION 88 5.13.3 ELECTRONIC BRAKE SYSTEM MANDATES, BY REGION 89 TABLE 13 ELECTRONIC BRAKE SYSTEM MANDATES, BY REGION 89 5.14 KEY STAKEHOLDERS IN BUYING PROCESS & BUYING CRITERIA 90 FIGURE 32 KEY BUYING CRITERIA FOR TOP 2 BRAKE TYPES 90 TABLE 14 KEY BUYING CRITERIA FOR TOP 2 BRAKE TYPES 90 5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 91 TABLE 15 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR ON-HIGHWAY VEHICLE APPLICATIONS (%) 91 5.15 KEY CONFERENCES 91 5.15.1 BRAKE SYSTEM MARKET: DETAILED LIST OF UPCOMING CONFERENCES AND EVENTS 91 6 BRAKE SYSTEM MARKET, BY BRAKE TYPE 92 6.1 INTRODUCTION 93 6.1.1 RESEARCH METHODOLOGY 93 6.1.2 ASSUMPTIONS/LIMITATIONS 93 6.1.3 INDUSTRY INSIGHTS 94 FIGURE 33 BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022 VS. 2027 (USD MILLION) 94 TABLE 16 BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 94 TABLE 17 BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 94 TABLE 18 BRAKE SYSTEM MARKET BY BRAKE TYPE, 2018–2021 (USD MILLION) 95 TABLE 19 BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 95 6.2 DISC BRAKE 95 6.2.1 BETTER HEAT DISSIPATION AND SELF-ADJUSTING FRICTION MATERIAL TO DRIVE DEMAND 95 TABLE 20 DISC BRAKE MARKET, BY REGION, 2018–2021 (‘000 UNITS) 96 TABLE 21 DISC BRAKE MARKET, BY REGION, 2022–2027 (‘000 UNITS) 96 TABLE 22 DISC BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 96 TABLE 23 DISC BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 96 6.3 DRUM BRAKE 97 6.3.1 COST-SENSITIVE NATURE OF EMERGING MARKETS EXPECTED TO DRIVE DEMAND 97 TABLE 24 DRUM BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 97 TABLE 25 DRUM BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 97 TABLE 26 DRUM BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 98 TABLE 27 DRUM BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 98 7 BRAKE SYSTEM MARKET, BY TECHNOLOGY 99 7.1 INTRODUCTION 100 7.1.1 RESEARCH METHODOLOGY 100 7.1.2 ASSUMPTIONS/LIMITATIONS 100 7.1.3 INDUSTRY INSIGHTS 100 FIGURE 34 BRAKE SYSTEM MARKET, BY TECHNOLOGY, 2022 VS. 2027 (‘000 UNITS) 101 TABLE 28 BRAKE SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (‘000 UNITS) 101 TABLE 29 BRAKE SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (‘000 UNITS) 101 7.2 ANTI-LOCK BRAKE SYSTEM (ABS) 102 7.2.1 REGULATIONS TO MANDATE ABS EXPECTED TO DRIVE SEGMENT 102 TABLE 30 ABS MARKET, BY REGION, 2018–2021 (‘000 UNITS) 102 TABLE 31 ABS MARKET, BY REGION, 2022–2027 (‘000 UNITS) 102 7.3 ELECTRONIC STABILITY CONTROL (ESC) 103 7.3.1 REDUCTION OF FATALITIES AND TECHNICAL BENEFITS EXPECTED TO DRIVE SEGMENT 103 TABLE 32 ESC MARKET, BY REGION, 2018–2021 (‘000 UNITS) 103 TABLE 33 ESC MARKET, BY REGION, 2022–2027 (‘000 UNITS) 103 7.4 TRACTION CONTROL SYSTEM (TCS) 104 7.4.1 BETTER TRACTION CONTROL AND LIMITED WHEEL SLIPPAGE EXPECTED TO DRIVE SEGMENT 104 TABLE 34 TCS MARKET, BY REGION, 2018–2021 (‘000 UNITS) 104 TABLE 35 TCS MARKET, BY REGION, 2022–2027 (‘000 UNITS) 104 7.5 ELECTRONIC BRAKE FORCE DISTRIBUTION (EBD) 105 7.5.1 STRINGENCY IN SAFETY REGULATIONS EXPECTED TO DRIVE SEGMENT 105 TABLE 36 EBD MARKET, BY REGION, 2018–2021 (‘000 UNITS) 105 TABLE 37 EBD MARKET, BY REGION, 2022–2027 (‘000 UNITS) 105 8 BRAKE SYSTEM MARKET, BY VEHICLE TYPE 106 8.1 INTRODUCTION 107 8.1.1 RESEARCH METHODOLOGY 107 8.1.2 ASSUMPTIONS/LIMITATIONS 107 8.1.3 INDUSTRY INSIGHTS 108 FIGURE 35 BRAKE SYSTEM MARKET, BY VEHICLE TYPE, 2022 VS. 2027 (USD MILLION) 108 TABLE 38 BRAKE SYSTEM MARKET, BY VEHICLE TYPE, 2018–2021 (‘000 UNITS) 108 TABLE 39 BRAKE SYSTEM MARKET, BY VEHICLE TYPE, 2022–2027 (‘000 UNITS) 109 TABLE 40 BRAKE SYSTEM MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION) 109 TABLE 41 BRAKE SYSTEM MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION) 109 8.2 PASSENGER CAR 110 8.2.1 STRINGENT SAFETY STANDARDS EXPECTED TO DRIVE SEGMENT 110 TABLE 42 PASSENGER CAR BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 110 TABLE 43 PASSENGER CAR BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 110 TABLE 44 PASSENGER CAR BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 111 TABLE 45 PASSENGER CAR BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 111 8.3 LIGHT COMMERCIAL VEHICLE (LCV) 111 8.3.1 GROWING DEMAND FOR ADVANCED BRAKING SYSTEMS EXPECTED TO DRIVE SEGMENT 111 TABLE 46 LCV BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 112 TABLE 47 LCV BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 112 TABLE 48 LCV BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 112 TABLE 49 LCV BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 112 8.4 TRUCK 113 8.4.1 INTRODUCTION OF ELECTRONIC BRAKE SYSTEMS EXPECTED TO DRIVE SEGMENT 113 TABLE 50 TRUCK BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 113 TABLE 51 TRUCK BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 114 TABLE 52 TRUCK BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 114 TABLE 53 TRUCK BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 114 8.5 BUS 115 8.5.1 ADOPTION OF EFFICIENT BRAKE SYSTEMS EXPECTED TO DRIVE SEGMENT 115 TABLE 54 BUS BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 115 TABLE 55 BUS BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 115 TABLE 56 BUS BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 116 TABLE 57 BUS BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 116 9 BRAKE SYSTEM MARKET, BY ACTUATION 117 9.1 INTRODUCTION 118 9.1.1 RESEARCH METHODOLOGY 118 9.1.2 ASSUMPTIONS/LIMITATIONS 118 9.1.3 INDUSTRY INSIGHTS 118 FIGURE 36 BRAKE SYSTEM MARKET, BY ACTUATION, 2022 VS. 2027 (‘000 UNITS) 119 TABLE 58 BRAKE SYSTEM MARKET, BY ACTUATION, 2018–2021 (‘000 UNITS) 119 TABLE 59 BRAKE SYSTEM MARKET, BY ACTUATION, 2022–2027 (‘000 UNITS) 119 9.2 HYDRAULIC BRAKE 120 9.2.1 LIGHT CONSTRUCTION AND LOW OVERALL WEIGHT TO DRIVE DEMAND 120 TABLE 60 HYDRAULIC BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 120 TABLE 61 HYDRAULIC BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 120 9.3 PNEUMATIC BRAKE 121 9.3.1 SAFETY REGULATIONS FOR HEAVY COMMERCIAL VEHICLES TO DRIVE DEMAND 121 TABLE 62 PNEUMATIC BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 121 TABLE 63 PNEUMATIC BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 121 10 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION 122 10.1 INTRODUCTION 123 10.1.1 RESEARCH METHODOLOGY 123 10.1.2 ASSUMPTIONS/LIMITATIONS 123 10.1.3 INDUSTRY INSIGHTS 124 FIGURE 37 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION) 124 TABLE 64 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION, 2018–2021 (‘000 UNITS) 124 TABLE 65 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION, 2022–2027 (‘000 UNITS) 125 TABLE 66 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 125 TABLE 67 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 125 10.2 AGRICULTURAL EQUIPMENT 126 10.2.1 GROWING DEMAND FOR HIGH-POWERED TRACTORS TO DRIVE DEMAND FOR OIL-IMMERSED DISC BRAKES 126 TABLE 68 AGRICULTURAL EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 126 TABLE 69 AGRICULTURAL EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 126 TABLE 70 AGRICULTURAL EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 127 TABLE 71 AGRICULTURAL EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 127 10.3 CONSTRUCTION EQUIPMENT 128 TABLE 72 CONSTRUCTION EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 128 TABLE 73 CONSTRUCTION EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 128 TABLE 74 CONSTRUCTION EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 129 TABLE 75 CONSTRUCTION EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 129 10.4 MINING EQUIPMENT 129 TABLE 76 MINING EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 130 TABLE 77 MINING EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 130 TABLE 78 MINING EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 130 TABLE 79 MINING EQUIPMENT BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 131 11 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE 132 11.1 INTRODUCTION 133 11.1.1 RESEARCH METHODOLOGY 133 11.1.2 ASSUMPTIONS/LIMITATIONS 133 11.1.3 INDUSTRY INSIGHTS 134 FIGURE 38 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022 VS. 2027 (USD MILLION) 134 TABLE 80 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 134 TABLE 81 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 135 TABLE 82 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 135 TABLE 83 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 135 11.2 HYDROSTATIC BRAKE 136 11.2.1 INCREASING DEPLOYMENT OF MINING EQUIPMENT WITH HYDROSTATIC BRAKING EXPECTED TO DRIVE SEGMENT 136 TABLE 84 OFF-HIGHWAY EQUIPMENT HYDROSTATIC BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 136 TABLE 85 OFF-HIGHWAY EQUIPMENT HYDROSTATIC BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 136 TABLE 86 OFF-HIGHWAY EQUIPMENT HYDROSTATIC BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 137 TABLE 87 OFF-HIGHWAY EQUIPMENT HYDROSTATIC BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 137 11.3 HYDRAULIC WET BRAKE 137 11.3.1 SAFETY REGULATIONS FOR HEAVY COMMERCIAL VEHICLES EXPECTED TO DRIVE SEGMENT 137 TABLE 88 OFF-HIGHWAY EQUIPMENT HYDRAULIC WET BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 138 TABLE 89 OFF-HIGHWAY EQUIPMENT HYDRAULIC WET BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 138 TABLE 90 OFF-HIGHWAY EQUIPMENT HYDRAULIC WET BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 138 TABLE 91 OFF-HIGHWAY EQUIPMENT HYDRAULIC WET BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 139 11.4 DYNAMIC BRAKE 139 11.4.1 STRINGENCY IN SAFETY STANDARDS EXPECTED TO DRIVE SEGMENT 139 TABLE 92 OFF-HIGHWAY EQUIPMENT DYNAMIC BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 139 TABLE 93 OFF-HIGHWAY EQUIPMENT DYNAMIC BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 140 TABLE 94 OFF-HIGHWAY EQUIPMENT DYNAMIC BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 140 TABLE 95 OFF-HIGHWAY EQUIPMENT DYNAMIC BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 140 11.5 OTHERS 141 TABLE 96 OFF-HIGHWAY EQUIPMENT OTHER BRAKE SYSTEMS MARKET, BY REGION, 2018–2021 (‘000 UNITS) 141 TABLE 97 OFF-HIGHWAY EQUIPMENT OTHER BRAKE SYSTEMS MARKET, BY REGION, 2022–2027 (‘000 UNITS) 141 TABLE 98 OFF-HIGHWAY EQUIPMENT OTHER BRAKE SYSTEMS MARKET, BY REGION, 2018–2021 (USD MILLION) 141 TABLE 99 OFF-HIGHWAY EQUIPMENT OTHER BRAKE SYSTEMS MARKET, BY REGION, 2022–2027 (USD MILLION) 142 12 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT 143 12.1 INTRODUCTION 144 12.1.1 RESEARCH METHODOLOGY 144 12.1.2 ASSUMPTIONS/LIMITATIONS 144 12.1.3 INDUSTRY INSIGHTS 145 FIGURE 39 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2022 VS. 2027 (USD MILLION) 145 TABLE 100 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2021 (MILLION UNITS) 146 TABLE 101 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2022–2027 (MILLION UNITS) 146 TABLE 102 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2018–2021 (USD MILLION) 146 TABLE 103 NORTH AMERICA BRAKE FRICTION PRODUCTS AFTERMARKET, BY PRODUCT, 2022–2027 (USD MILLION) 147 13 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION 149 13.1 INTRODUCTION 150 13.1.1 RESEARCH METHODOLOGY 150 13.1.2 ASSUMPTIONS/LIMITATIONS 150 13.1.3 INDUSTRY INSIGHTS 151 FIGURE 40 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION, 2022 VS. 2027 (USD MILLION) 151 TABLE 104 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 151 TABLE 105 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 152 TABLE 106 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 152 TABLE 107 ALL-TERRAIN VEHICLE BRAKE SYSTEM MARKET, BY REGION, 2022–2027( USD MILLION) 152 14 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE 154 14.1 INTRODUCTION 155 14.1.1 RESEARCH METHODOLOGY 155 14.1.2 ASSUMPTIONS/LIMITATIONS 155 14.1.3 INDUSTRY INSIGHTS 155 FIGURE 41 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE, 2022 VS. 2027 (USD MILLION) 156 TABLE 108 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE, 2018–2021 (‘000 UNITS) 156 TABLE 109 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE, 2022–2027 (‘000 UNITS) 156 TABLE 110 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE, 2018–2021 (USD MILLION) 157 TABLE 111 REGENERATIVE BRAKING SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE, 2022–2027 (USD MILLION) 157 14.2 BEV 157 14.2.1 ATTRACTIVE GOVERNMENT INITIATIVES AND STRINGENT EMISSION STANDARDS TO DRIVE BEV SALES 157 TABLE 112 BEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 157 TABLE 113 BEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 158 TABLE 114 BEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 158 TABLE 115 BEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 158 14.3 PHEV 159 14.3.1 GROWING SALES DUE TO STRINGENT EMISSION STANDARDS TO DRIVE DEMAND 159 TABLE 116 PHEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 159 TABLE 117 PHEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 159 TABLE 118 PHEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 159 TABLE 119 PHEV REGENERATIVE BRAKING SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 160 15 BRAKE SYSTEM MARKET, BY REGION 161 15.1 INTRODUCTION 162 15.1.1 RESEARCH METHODOLOGY 162 15.1.2 ASSUMPTIONS/LIMITATIONS 163 15.1.3 INDUSTRY INSIGHTS 163 FIGURE 42 BRAKE SYSTEM MARKET, BY REGION, 2022 VS. 2027 (USD MILLION) 163 TABLE 120 BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (‘000 UNITS) 164 TABLE 121 BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (‘000 UNITS) 164 TABLE 122 BRAKE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 164 TABLE 123 BRAKE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 165 15.2 ASIA PACIFIC 165 FIGURE 43 ASIA PACIFIC BRAKE SYSTEM MARKET SNAPSHOT 166 TABLE 124 ASIA PACIFIC: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (‘000 UNITS) 166 TABLE 125 ASIA PACIFIC: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (‘000 UNITS) 167 TABLE 126 ASIA PACIFIC: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 167 TABLE 127 ASIA PACIFIC: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 167 15.2.1 CHINA 168 15.2.1.1 Growing vehicle production to drive market 168 TABLE 128 CHINA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 168 TABLE 129 CHINA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 168 TABLE 130 CHINA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 168 TABLE 131 CHINA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 169 15.2.2 INDIA 169 15.2.2.1 Stringency in safety standards to drive market 169 TABLE 132 INDIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 169 TABLE 133 INDIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 170 TABLE 134 INDIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 170 TABLE 135 INDIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 170 15.2.3 JAPAN 170 15.2.3.1 Rising penetration of automatic braking systems to drive market 170 TABLE 136 JAPAN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 171 TABLE 137 JAPAN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 171 TABLE 138 JAPAN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 171 TABLE 139 JAPAN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 171 15.2.4 SOUTH KOREA 172 15.2.4.1 Government mandates for implementation of advanced brake systems to drive market 172 TABLE 140 SOUTH KOREA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 172 TABLE 141 SOUTH KOREA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 172 TABLE 142 SOUTH KOREA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 172 TABLE 143 SOUTH KOREA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 172 15.2.5 REST OF ASIA PACIFIC 173 TABLE 144 REST OF ASIA PACIFIC: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 173 TABLE 145 REST OF ASIA PACIFIC: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 173 TABLE 146 REST OF ASIA PACIFIC: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 174 TABLE 147 REST OF ASIA PACIFIC: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 174 15.3 EUROPE 174 FIGURE 44 EUROPE: BRAKE SYSTEM MARKET, BY COUNTRY, 2022 VS. 2027 175 TABLE 148 EUROPE: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (‘000 UNITS) 175 TABLE 149 EUROPE: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (‘000 UNITS) 175 TABLE 150 EUROPE: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 176 TABLE 151 EUROPE: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 176 15.3.1 GERMANY 176 15.3.1.1 Implementation of advanced emergency braking systems as standard fitment to drive market 176 TABLE 152 GERMANY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 177 TABLE 153 GERMANY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 177 TABLE 154 GERMANY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 177 TABLE 155 GERMANY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 177 15.3.2 FRANCE 178 15.3.2.1 Increasing penetration of disc brakes to drive market 178 TABLE 156 FRANCE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 178 TABLE 157 FRANCE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 178 TABLE 158 FRANCE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 178 TABLE 159 FRANCE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 178 15.3.3 SPAIN 179 15.3.3.1 Implementation of AEB in passenger cars to drive market 179 TABLE 160 SPAIN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 179 TABLE 161 SPAIN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 179 TABLE 162 SPAIN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 179 TABLE 163 SPAIN: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 180 15.3.4 ITALY 180 15.3.4.1 Regulations mandating AEB to drive market 180 TABLE 164 ITALY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 180 TABLE 165 ITALY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 180 TABLE 166 ITALY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 180 TABLE 167 ITALY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 181 15.3.5 UK 181 15.3.5.1 Increasing adoption of ABS and ESC to drive market 181 TABLE 168 UK: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 181 TABLE 169 UK: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 181 TABLE 170 UK: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 182 TABLE 171 UK: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 182 15.3.6 REST OF EUROPE 182 TABLE 172 REST OF EUROPE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 182 TABLE 173 REST OF EUROPE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 182 TABLE 174 REST OF EUROPE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 183 TABLE 175 REST OF EUROPE: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 183 15.4 NORTH AMERICA 183 FIGURE 45 NORTH AMERICA: BRAKE SYSTEM MARKET SNAPSHOT 184 TABLE 176 NORTH AMERICA: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (‘000 UNITS) 184 TABLE 177 NORTH AMERICA: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (‘000 UNITS) 185 TABLE 178 NORTH AMERICA: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 185 TABLE 179 NORTH AMERICA: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 185 15.4.1 US 185 15.4.1.1 Regulations to reduce stopping distance in commercial vehicles to drive market 185 TABLE 180 US: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 186 TABLE 181 US: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 186 TABLE 182 US: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 186 TABLE 183 US: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 186 15.4.2 CANADA 187 15.4.2.1 Mandatory features such as ABS and ESC to drive market 187 TABLE 184 CANADA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 187 TABLE 185 CANADA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 187 TABLE 186 CANADA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 187 TABLE 187 CANADA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 188 15.4.3 MEXICO 188 15.4.3.1 Free trade agreements promoting domestic production of brake system components to drive market 188 TABLE 188 MEXICO: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 188 TABLE 189 MEXICO: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 188 TABLE 190 MEXICO: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 189 TABLE 191 MEXICO: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 189 15.5 REST OF THE WORLD (ROW) 189 FIGURE 46 ROW: BRAKE SYSTEM MARKET, BY COUNTRY, 2022 VS. 2027 (USD MILLION) 190 TABLE 192 REST OF THE WORLD: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (‘000 UNITS) 190 TABLE 193 REST OF THE WORLD: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (‘000 UNITS) 190 TABLE 194 REST OF THE WORLD: BRAKE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 191 TABLE 195 REST OF THE WORLD: BRAKE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 191 15.5.1 BRAZIL 191 15.5.1.1 Setting up of local plants for brake system components to drive market 191 TABLE 196 BRAZIL: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 191 TABLE 197 BRAZIL: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 192 TABLE 198 BRAZIL: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 192 TABLE 199 BRAZIL: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 192 15.5.2 TURKEY 192 15.5.2.1 Lower manufacturing and labor costs to drive market 192 TABLE 200 TURKEY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 193 TABLE 201 TURKEY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 193 TABLE 202 TURKEY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 193 TABLE 203 TURKEY: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 193 15.5.3 RUSSIA 194 15.5.3.1 Increasing adoption of disc brakes in LCVs to drive market 194 TABLE 204 RUSSIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 194 TABLE 205 RUSSIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 194 TABLE 206 RUSSIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 194 TABLE 207 RUSSIA: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 194 15.5.4 OTHERS 195 TABLE 208 OTHERS: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (‘000 UNITS) 195 TABLE 209 OTHERS: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (‘000 UNITS) 195 TABLE 210 OTHERS: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2018–2021 (USD MILLION) 195 TABLE 211 OTHERS: BRAKE SYSTEM MARKET, BY BRAKE TYPE, 2022–2027 (USD MILLION) 195 16 COMPETITIVE LANDSCAPE 196 16.1 OVERVIEW 196 16.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 196 TABLE 212 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENT AS KEY GROWTH STRATEGY, 2019–2021 196 16.3 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2021 198 16.4 MARKET SHARE ANALYSIS 199 TABLE 213 MARKET STRUCTURE, 2021 199 FIGURE 47 BRAKE SYSTEM MARKET SHARE ANALYSIS, 2021 199 16.5 COMPETITIVE LEADERSHIP MAPPING 200 16.5.1 STARS 200 16.5.2 EMERGING LEADERS 200 16.5.3 PERVASIVE PLAYERS 200 16.5.4 PARTICIPANTS 200 FIGURE 48 COMPETITIVE LEADERSHIP MAPPING: BRAKE SYSTEM MANUFACTURERS 201 TABLE 214 BRAKE SYSTEM MARKET: COMPANY FOOTPRINT 202 TABLE 215 COMPANY TECHNOLOGY FOOTPRINT 203 TABLE 216 COMPANY REGION FOOTPRINT (19 COMPANIES) 204 16.6 COMPETITIVE LEADERSHIP MAPPING: OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MANUFACTURERS 205 16.6.1 STARS 205 16.6.2 EMERGING LEADERS 205 16.6.3 PERVASIVE PLAYERS 205 16.6.4 PARTICIPANTS 205 FIGURE 49 COMPETITIVE LEADERSHIP MAPPING: OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MANUFACTURERS 206 TABLE 217 OFF-HIGHWAY EQUIPMENT BRAKE SYSTEM MARKET: COMPANY FOOTPRINT 207 TABLE 218 COMPANY INDUSTRY FOOTPRINT (OFF-HIGHWAY EQUIPMENT) (12 COMPANIES) 208 TABLE 219 COMPANY REGION FOOTPRINT (OFF-HIGHWAY EQUIPMENT) (12 COMPANIES) 209 16.7 COMPETITIVE SCENARIO 209 16.8 NEW PRODUCT LAUNCHES 210 TABLE 220 NEW PRODUCT DEVELOPMENT, 2018–2022 210 16.9 DEALS, AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, EXPANSION, AND JOINT VENTURES 213 TABLE 221 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES, 2018–2022 213
ご注文は、お電話またはWEBから承ります。お見積もりの作成もお気軽にご相談ください。本レポートと同分野(電気自動車)の最新刊レポートMarketsandMarkets 社の最新刊レポート
本レポートと同じKEY WORD(atv)の最新刊レポート
よくあるご質問MarketsandMarkets社はどのような調査会社ですか?マーケッツアンドマーケッツ(MarketsandMarkets)は通信、半導体、医療機器、エネルギーなど、幅広い市場に関する調査レポートを出版しています。また広範な市場を対象としたカスタム調査も行って... もっと見る 調査レポートの納品までの日数はどの程度ですか?在庫のあるものは速納となりますが、平均的には 3-4日と見て下さい。
注文の手続きはどのようになっていますか?1)お客様からの御問い合わせをいただきます。
お支払方法の方法はどのようになっていますか?納品と同時にデータリソース社よりお客様へ請求書(必要に応じて納品書も)を発送いたします。
データリソース社はどのような会社ですか?当社は、世界各国の主要調査会社・レポート出版社と提携し、世界各国の市場調査レポートや技術動向レポートなどを日本国内の企業・公官庁及び教育研究機関に提供しております。
|
詳細検索
2024/07/04 10:27 162.47 円 175.74 円 209.86 円 |