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Global Automotive Air Brake System Market 2019-2023

Global Automotive Air Brake System Market 2019-2023

Global Automotive Air Brake System Market: About this market

Automotive air brake system that is used in medium- and heavy-duty vehicles use pneumatic pressure for stopping a vehicle. Technavio’s automotive air brake system market analysis considers the applications of automotive air brake system in trucks and buses. Our analysis also considers the sales of automotive air brake system in North America, Europe, APAC, South America, and MEA. In 2018, the trucks segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the increasing number of medium- and heavy-duty trucks will play a significant role in the trucks segment to maintain their market position. Also, our global automotive air brake system market report looks at factors such as the increasing demand for heavy-duty vehicles, growing preference for air brake systems in medium-duty vehicles, and regulations on safety solutions of heavy-duty vehicles. However, the vehicle recalls due to potential air brake failure, increase in vehicle manufacturing cost leading to reduced profit margin, and growing adoption of electronically controlled braking systems in trucks and buses may hamper the growth of the automotive air brake system industry over the forecast period.

Global automotive air brake system market: Overview

Increasing preference for air brake systems in medium-duty vehicles

Air brake systems are increasingly being deployed in medium-duty vehicles owing to the proven efficiency and performance of air brake systems in heavy-duty vehicles. The current hydraulic brake systems are incapable of generating enough power to halt fully loaded medium-duty vehicles and can cause safety-related issues. Such factors are increasing the demand for air brake systems in medium-duty vehicles, which will fuel the growth of the automotive air brake system market at a CAGR of close to 2% during the forecast period.

Increasing preference for lightweight brake components

Automotive OEMs have been focusing on improving vehicle efficiency, which has resulted in the growing preference for reducing the weight of vehicle components. Light weighting of components enhances vehicle performance and reduces the manufacturing cost for OEMs. Thus, the growing focus on light-weighting components is resulting in the need for lightweight airbrake systems, which is expected to fuel the growth of the market during the forecast period.

For the detailed list of factors that will drive the global automotive air brake system market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of few major players, the global automotive air brake system market is concentrated. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive air brake system manufacturers, that include Akebono Brake Industry Co. Ltd., Knorr-Bremse AG, Meritor Inc., WABCO Holdings Inc., and ZF Friedrichshafen AG.



Also, the automotive air brake system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global automotive components market
      • Table Segments of global automotive components market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Trucks - Market size and forecast 2018-2023
      • Table Trucks - Market size and forecast 2018-2023 ($ millions)
      • Table Trucks - Year-over-year growth 2019-2023 (%)
    • Buses - Market size and forecast 2018-2023
      • Table Buses - Market size and forecast 2018-2023 ($ millions)
      • Table Buses - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Trucks and buses with EBS
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing preference for lightweight brake components
    • Truck brake dust filters to improve air quality
    • Improvement in supply chain strategies
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Akebono Brake Industry Co. Ltd.
      • Table Akebono Brake Industry Co. Ltd. - Vendor overview
      • Table Akebono Brake Industry Co. Ltd. - Product segments
      • Table Akebono Brake Industry Co. Ltd. - Organizational developments
      • Table Akebono Brake Industry Co. Ltd. - Geographic focus
      • Table Akebono Brake Industry Co. Ltd. - Key offerings
    • Knorr-Bremse AG
      • Table Knorr-Bremse AG - Vendor overview
      • Table Knorr-Bremse AG - Business segments
      • Table Knorr-Bremse AG - Organizational developments
      • Table Knorr-Bremse AG - Geographic focus
      • Table Knorr-Bremse AG - Segment focus
      • Table Knorr-Bremse AG - Key offerings
    • Meritor Inc.
      • Table Meritor Inc. - Vendor overview
      • Table Meritor Inc. - Business segments
      • Table Meritor Inc. - Organizational developments
      • Table Meritor Inc. - Geographic focus
      • Table Meritor Inc. - Segment focus
      • Table Meritor Inc. - Key offerings
    • WABCO Holdings Inc.
      • Table WABCO Holdings Inc. - Vendor overview
      • Table WABCO Holdings Inc. - Product segments
      • Table WABCO Holdings Inc. - Organizational developments
      • Table WABCO Holdings Inc. - Geographic focus
      • Table WABCO Holdings Inc. - Segment focus
      • Table WABCO Holdings Inc. - Key offerings
    • ZF Friedrichshafen AG
      • Table ZF Friedrichshafen AG - Vendor overview
      • Table ZF Friedrichshafen AG - Business segments
      • Table ZF Friedrichshafen AG - Organizational developments
      • Table ZF Friedrichshafen AG - Geographic focus
      • Table ZF Friedrichshafen AG - Segment focus
      • Table ZF Friedrichshafen AG - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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