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Global Air Brake System Market Research Report 2024

Global Air Brake System Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1399667

No of Pages : 101

Synopsis

Air brake system is a type of friction brake for vehicles in which compressed air pressing on a piston is used to apply the pressure to the brake pad needed to stop the vehicle. Air brakes are used in large heavy vehicles, particularly those having multiple trailers which must be linked into the brake system, such as trucks, buses, trailers, and semi-trailers.

The global Air Brake System market was valued at US$ 4125 million in 2023 and is anticipated to reach US$ 4680.7 million by 2030, witnessing a CAGR of 1.8% during the forecast period 2024-2030.

Global air brake system main players include Knorr-Bremse, Wabco, Haldex, Nabtesco-Automotive, Sorl Auto Parts, Aventics (Emerson), Tenneco (Federal-Mogul), MGM Brakes, Sealco, TSE Brakes, Fritec, etc., totally accounting for about 62%. Asia-Pacific is the largest market, with a share over 56%. As for the types of products, it can be divided into air disc brake and air drum brake. Air disc brake is the largest segment, holding a share over 79%. In terms of application, it can be divided into heavy trucks and trailers, buses and others. Heavy trucks and trailers is the largest segment, with a share over 63%.

This report aims to provide a comprehensive presentation of the global market for Air Brake System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Air Brake System.

Report Scope

The Air Brake System market size, estimations, and forecasts are provided in terms of output/shipments (M Unit) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Air Brake System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Air Brake System manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company

  • Knorr-Bremse
  • Wabco
  • Haldex
  • Nabtesco-Automotive
  • Sorl Auto Parts
  • Aventics (Emerson)
  • Tenneco (Federal-Mogul)
  • MGM Brakes
  • Sealco
  • TSE Brakes
  • Fritec

Segment by Type

  • Air Disc Brake
  • Air Drum Brake

Segment by Application

  • Heavy Trucks and Trailers
  • Buses
  • Others

Production by Region

  • North America
  • Europe
  • China
  • Japan
  • South Korea

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Air Brake System manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Air Brake System by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Air Brake System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

Index

1 Air Brake System Market Overview
1.1 Product Definition
1.2 Air Brake System Segment by Type
1.2.1 Global Air Brake System Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Air Disc Brake
1.2.3 Air Drum Brake
1.3 Air Brake System Segment by Application
1.3.1 Global Air Brake System Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Heavy Trucks and Trailers
1.3.3 Buses
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Air Brake System Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Air Brake System Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Air Brake System Production Estimates and Forecasts (2019-2030)
1.4.4 Global Air Brake System Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Air Brake System Production Market Share by Manufacturers (2019-2024)
2.2 Global Air Brake System Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Air Brake System, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Air Brake System Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Air Brake System Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Air Brake System, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Air Brake System, Product Offered and Application
2.8 Global Key Manufacturers of Air Brake System, Date of Enter into This Industry
2.9 Air Brake System Market Competitive Situation and Trends
2.9.1 Air Brake System Market Concentration Rate
2.9.2 Global 5 and 10 Largest Air Brake System Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Air Brake System Production by Region
3.1 Global Air Brake System Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Air Brake System Production Value by Region (2019-2030)
3.2.1 Global Air Brake System Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Air Brake System by Region (2025-2030)
3.3 Global Air Brake System Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Air Brake System Production by Region (2019-2030)
3.4.1 Global Air Brake System Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Air Brake System by Region (2025-2030)
3.5 Global Air Brake System Market Price Analysis by Region (2019-2024)
3.6 Global Air Brake System Production and Value, Year-over-Year Growth
3.6.1 North America Air Brake System Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Air Brake System Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Air Brake System Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Air Brake System Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Air Brake System Production Value Estimates and Forecasts (2019-2030)
4 Air Brake System Consumption by Region
4.1 Global Air Brake System Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Air Brake System Consumption by Region (2019-2030)
4.2.1 Global Air Brake System Consumption by Region (2019-2024)
4.2.2 Global Air Brake System Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Air Brake System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Air Brake System Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Air Brake System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Air Brake System Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Air Brake System Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Air Brake System Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Air Brake System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Air Brake System Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Air Brake System Production by Type (2019-2030)
5.1.1 Global Air Brake System Production by Type (2019-2024)
5.1.2 Global Air Brake System Production by Type (2025-2030)
5.1.3 Global Air Brake System Production Market Share by Type (2019-2030)
5.2 Global Air Brake System Production Value by Type (2019-2030)
5.2.1 Global Air Brake System Production Value by Type (2019-2024)
5.2.2 Global Air Brake System Production Value by Type (2025-2030)
5.2.3 Global Air Brake System Production Value Market Share by Type (2019-2030)
5.3 Global Air Brake System Price by Type (2019-2030)
6 Segment by Application
6.1 Global Air Brake System Production by Application (2019-2030)
6.1.1 Global Air Brake System Production by Application (2019-2024)
6.1.2 Global Air Brake System Production by Application (2025-2030)
6.1.3 Global Air Brake System Production Market Share by Application (2019-2030)
6.2 Global Air Brake System Production Value by Application (2019-2030)
6.2.1 Global Air Brake System Production Value by Application (2019-2024)
6.2.2 Global Air Brake System Production Value by Application (2025-2030)
6.2.3 Global Air Brake System Production Value Market Share by Application (2019-2030)
6.3 Global Air Brake System Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Knorr-Bremse
7.1.1 Knorr-Bremse Air Brake System Corporation Information
7.1.2 Knorr-Bremse Air Brake System Product Portfolio
7.1.3 Knorr-Bremse Air Brake System Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Knorr-Bremse Main Business and Markets Served
7.1.5 Knorr-Bremse Recent Developments/Updates
7.2 Wabco
7.2.1 Wabco Air Brake System Corporation Information
7.2.2 Wabco Air Brake System Product Portfolio
7.2.3 Wabco Air Brake System Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Wabco Main Business and Markets Served
7.2.5 Wabco Recent Developments/Updates
7.3 Haldex
7.3.1 Haldex Air Brake System Corporation Information
7.3.2 Haldex Air Brake System Product Portfolio
7.3.3 Haldex Air Brake System Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Haldex Main Business and Markets Served
7.3.5 Haldex Recent Developments/Updates
7.4 Nabtesco-Automotive
7.4.1 Nabtesco-Automotive Air Brake System Corporation Information
7.4.2 Nabtesco-Automotive Air Brake System Product Portfolio
7.4.3 Nabtesco-Automotive Air Brake System Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Nabtesco-Automotive Main Business and Markets Served
7.4.5 Nabtesco-Automotive Recent Developments/Updates
7.5 Sorl Auto Parts
7.5.1 Sorl Auto Parts Air Brake System Corporation Information
7.5.2 Sorl Auto Parts Air Brake System Product Portfolio
7.5.3 Sorl Auto Parts Air Brake System Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Sorl Auto Parts Main Business and Markets Served
7.5.5 Sorl Auto Parts Recent Developments/Updates
7.6 Aventics (Emerson)
7.6.1 Aventics (Emerson) Air Brake System Corporation Information
7.6.2 Aventics (Emerson) Air Brake System Product Portfolio
7.6.3 Aventics (Emerson) Air Brake System Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Aventics (Emerson) Main Business and Markets Served
7.6.5 Aventics (Emerson) Recent Developments/Updates
7.7 Tenneco (Federal-Mogul)
7.7.1 Tenneco (Federal-Mogul) Air Brake System Corporation Information
7.7.2 Tenneco (Federal-Mogul) Air Brake System Product Portfolio
7.7.3 Tenneco (Federal-Mogul) Air Brake System Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Tenneco (Federal-Mogul) Main Business and Markets Served
7.7.5 Tenneco (Federal-Mogul) Recent Developments/Updates
7.8 MGM Brakes
7.8.1 MGM Brakes Air Brake System Corporation Information
7.8.2 MGM Brakes Air Brake System Product Portfolio
7.8.3 MGM Brakes Air Brake System Production, Value, Price and Gross Margin (2019-2024)
7.8.4 MGM Brakes Main Business and Markets Served
7.7.5 MGM Brakes Recent Developments/Updates
7.9 Sealco
7.9.1 Sealco Air Brake System Corporation Information
7.9.2 Sealco Air Brake System Product Portfolio
7.9.3 Sealco Air Brake System Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Sealco Main Business and Markets Served
7.9.5 Sealco Recent Developments/Updates
7.10 TSE Brakes
7.10.1 TSE Brakes Air Brake System Corporation Information
7.10.2 TSE Brakes Air Brake System Product Portfolio
7.10.3 TSE Brakes Air Brake System Production, Value, Price and Gross Margin (2019-2024)
7.10.4 TSE Brakes Main Business and Markets Served
7.10.5 TSE Brakes Recent Developments/Updates
7.11 Fritec
7.11.1 Fritec Air Brake System Corporation Information
7.11.2 Fritec Air Brake System Product Portfolio
7.11.3 Fritec Air Brake System Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Fritec Main Business and Markets Served
7.11.5 Fritec Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Air Brake System Industry Chain Analysis
8.2 Air Brake System Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Air Brake System Production Mode & Process
8.4 Air Brake System Sales and Marketing
8.4.1 Air Brake System Sales Channels
8.4.2 Air Brake System Distributors
8.5 Air Brake System Customers
9 Air Brake System Market Dynamics
9.1 Air Brake System Industry Trends
9.2 Air Brake System Market Drivers
9.3 Air Brake System Market Challenges
9.4 Air Brake System Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Published By : QY Research

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