Brake Systems Market Scope
Brake is a mechanical device that is used to inhibits motion. These are the most important feature in an automobile. One of the most popular brake systems is hydraulics brake, as they use liquid under pressure to transfer force or motion or to increase an applied force or to apply a break. The two important breaks that are applied in automobiles are drum brakes and disc brakes. The rising trend of automotive brake systems have gained much fame in recent time hence increasing the rise for safe and secure braking system in automobiles industry.
The market study is being classified by Type (Mechanical Brakes (Drum brakes and Disc brakes), Hydraulic Brakes and Power Brakes (Air brakes, Air hydraulic brakes, Vacuum brakes, and Electric brakes)), by Application (Passenger Car and Light & Heavy Commercial Vehicle) and major geographies with country level break-up.
Research Analyst at AMA predicts that Germany Vendors will contribute to the maximum growth of Global Brake Systems market throughout the predicted period.
Aisin Seiki Co, Ltd. (Japan), Akebono Brake Industry Co., Ltd. (Japan), Autoliv, Inc. (Sweden), Robert Bosch GmbH (Germany), Volkswagen AG (Germany), BMW Group (Germany), Daimler AG (Germany), Continental AG (Germany), Delphi Automotive PLC (Ireland) and Federal-Mogul Holdings Corp (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Knorr-Bremse AG (Germany), Wabco Holdings, Inc. (United States), Mando Corporation (South Korea), Nissin Kogyo Co., Ltd (Japan) and ZF Friedrichshafen AG (Germany).
AdvanceMarketAnalytics has segmented the market of Global Brake Systems market by Type, Application and Region.
On the basis of geography, the market of Brake Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In December 2018, Yamaha has launched the Unified Breaking System. The new Unified Braking System (UBS) has a braking concept from Yamaha that supports the partial application of the front brake simultaneously when the rear brake is applied completely. The UBS enabled motorcycles from Yamaha will now have improved braking controls due to the intensification of braking force with the help of the new technology.
- Adoption of Automotive brake systems in every automobile is one of the greatest trends in these breaking system
- The increasing number of road accidents across the globe
- Rising Stringent Rules for Automotive Active Safety Regulations
- Increasing Sales of Commercial Vehicles in both Developed and Developing Countries
- Rising Governments and International Organizations Stringent Safety Norms, Thereby, Leading to Braking Companies to Developing Advanced Braking Technologies, such as the Anti-Lock Braking System (ABS)
- Growth of Electric and Hybrid Vehicles is Expected to Lead to an Increase in Demand for the Brake-by-Wire System
- High Development Cost of Electronic Brake Systems
- Less Life of Breaking Pads can Hamper the Market Sometimes
- Issue Related Towards the Fluid used with Brake Material
- Concern Towards the Leakage of Braking fluid, Which will Result in Brake Failure
Key Target AudienceBrake Systems Manufacturing, Brake Systems Distributors, Automobiles System, Potential Investors and Others
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