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Global Automotive Brake Wear Sensors Market 2017-2021

Global Automotive Brake Wear Sensors Market 2017-2021

About Automotive Brake Wear Sensors

An automotive brake is a crucial part of a motor vehicle. It is a mechanical component that inhibits motion by the process of absorbing energy from a moving system. It is used to stop, slow down, or prevent motion of a moving vehicle, axle, or wheel. This is accomplished by the friction created between the brake and the axle or wheel. The friction created between two surfaces helps in converting kinetic energy into heat.

Technavio’s analysts forecast the global automotive brake wear sensors market to grow at a CAGR of 6.86% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive brake wear sensors market for 2017-2021. To calculate the market size, the report considers the passenger cars and commercial vehicles (light commercial vehicle, medium-heavy commercial vehicles, buses, and coaches).

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive Brake Wear Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bosch
  • Continental
  • Delphi
  • DENSO CORPORATION
Other prominent vendors
  • Herth+Buss Fahrzeugteile
  • Standard Motor Products
  • Sadeca
Market driver
  • To avoid damages to the components of braking system
  • For a full, detailed list, view our report
Market challenge
  • Pressure to reduce cost for OEMs
  • For a full, detailed list, view our report
Market trend
  • Automotive brake wear sensors to estimate the mileage until the brake pads wear out
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Brake Wear Sensors Market 2017-2021

Technavio recognizes the following companies as the key players in the global automotive brake wear sensors market: Bosch, Continental, Delphi, and DENSO CORPORATION

Other Prominent Vendors in the market are: Herth+Buss Fahrzeugteile, Standard Motor Products, and Sadeca.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Automotive brake wear sensors to estimate the mileage until the brake pads wear out. Automotive brake wear sensors are safety devices that help to alert the driver when the performance of the brake pad is declining. The most common failures of the brake pad are caused due to corrosion or physical damage to the connectors. The driver is unaware of the poor performance of the brake pad until the brake wear sensor sends alerts. This possesses a challenge for the driver to pick the correct time to replace the brake pads.”

According to the report, one of the major drivers for this market is To avoid damages to the components of braking system. The automotive industry has seen a rise in consumer demand for safety features. As the vehicle is exposed to different weather conditions and external environment, it is essential that the auto manufacturers enhance the safety features to prevent accidents. An increase in the number of electronic components has also resulted in an increase in the number of sensors used in an automobile. The sensors help to alert the driver of a change in the normal functioning of a certain component.

Further, the report states that one of the major factors hindering the growth of this market is Pressure to reduce cost for OEMs. The development of the automobile industry, in terms of technology and design, is dynamically changing based on the customer preferences. The competition between auto manufacturers is a major reason to optimize the operational cost and maximize the profits. As there is an increase in the number of electronic components in an automobile, the overall manufacturing cost of the vehicle increases.

Companies Mentioned

Bosch, Continental, Delphi, DENSO CORPORATION, Herth+Buss Fahrzeugteile, Standard Motor Products, and Sadeca.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global automotive brake wear sensors market
    • Market size and forecast
      • Table Global automotive brake wear sensors market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global automotive brake wear sensors market by application
      • Table Global automotive brake wear sensors market by application 2016 (% share)
      • Table Global automotive brake wear sensors market by application 2021 (% share)
      • Table Global automotive brake wear sensors market by application 2016-2021 (% share)
    • Global automotive brake wear sensors market for passenger cars
      • Table Global automotive brake wear sensors market for passenger cars 2016-2021 ($
    • Global automotive brake wear sensors market for commercial vehicles
      • Table Global automotive brake wear sensors market for commercial vehicles 2016-2021($ millions)
  • Geographical segmentation
    • Global automotive brake wear sensors market by geography
      • Table Global automotive brake wear sensors market by geography 2016 (% share)
      • Table Global automotive brake wear sensors market by geography 2021 (% share)
      • Table Global automotive brake wear sensors market by geography 2016-2021 (% share)
    • Automotive brake wear sensors market in Americas
      • Table Automotive brake wear sensors market in Americas 2016-2021 ($ millions)
    • Automotive brake wear sensors market in EMEA
      • Table Automotive brake wear sensors market in EMEA 2016-2021 ($ millions)
    • Automotive brake wear sensors market in APAC
      • Table Automotive brake wear sensors market in APAC 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global automotive production 2016-2021 (million units)
    • Market challenges
  • Market trends
    • Automotive brake wear sensors to estimate the mileage until the brake pads wear out
    • Autonomous cars becoming a reality
    • Integrated smart-sensors
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
    • Bosch
      • Table Bosch: Business segmentation by geography 2016 (% share)
      • Table Bosch: Business segmentation by revenue 2016 (% share)
      • Table Bosch: Product portfolio
      • Table Bosch: Recent developments
    • Continental
      • Table Continental: Business segmentation by revenue 2016 (% share)
      • Table Continental: Geographic segmentation by revenue 2016 (% share)
      • Table Continental: Product portfolio
      • Table Continental: Recent developments
    • Delphi
      • Table Net sales of Delphi by region 2016 (% share)
      • Table Delphi: Business segmentation by revenue 2016
      • Table Delphi: Product portfolio
      • Table Delphi: Recent developments
    • DENSO CORPORATION
      • Table DENSO CORPORATION: Business segmentation by revenue 2016 (% share)
      • Table DENSO CORPORATION: Product portfolio
      • Table DENSO CORPORATION: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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