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Heavy-duty Vehicle Braking System-Global Market Insights and Sales Trends 2025
Synopsis
The global Heavy-duty Vehicle Braking System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Heavy-duty Vehicle Braking System in various end use industries. The expanding demands from the Trucks, Buses and Others,, are propelling Heavy-duty Vehicle Braking System market. Drum Brake, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Disc Brake segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Heavy-duty Vehicle Braking System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Heavy-duty Vehicle Braking System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Heavy-duty Vehicle Braking System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Heavy-duty Vehicle Braking System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Heavy-duty Vehicle Braking System covered in this report include Robert Bosch, Continental, ZF Friedrichshafen, Tenneco, Meritor, WABCO Holdings, Knorr-Bremse, Hyundai Mobis and Brembo, etc.
The global Heavy-duty Vehicle Braking System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Robert Bosch
Continental
ZF Friedrichshafen
Tenneco
Meritor
WABCO Holdings
Knorr-Bremse
Hyundai Mobis
Brembo
Akebono Brake Industry
Baer Brakes
Global Heavy-duty Vehicle Braking System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Heavy-duty Vehicle Braking System market, Segment by Type:
Drum Brake
Disc Brake
Global Heavy-duty Vehicle Braking System market, by Application
Trucks
Buses
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Heavy-duty Vehicle Braking System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Heavy-duty Vehicle Braking System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Heavy-duty Vehicle Braking System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Heavy-duty Vehicle Braking System in various end use industries. The expanding demands from the Trucks, Buses and Others,, are propelling Heavy-duty Vehicle Braking System market. Drum Brake, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Disc Brake segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Heavy-duty Vehicle Braking System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Heavy-duty Vehicle Braking System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Heavy-duty Vehicle Braking System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Heavy-duty Vehicle Braking System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Heavy-duty Vehicle Braking System covered in this report include Robert Bosch, Continental, ZF Friedrichshafen, Tenneco, Meritor, WABCO Holdings, Knorr-Bremse, Hyundai Mobis and Brembo, etc.
The global Heavy-duty Vehicle Braking System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Robert Bosch
Continental
ZF Friedrichshafen
Tenneco
Meritor
WABCO Holdings
Knorr-Bremse
Hyundai Mobis
Brembo
Akebono Brake Industry
Baer Brakes
Global Heavy-duty Vehicle Braking System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Heavy-duty Vehicle Braking System market, Segment by Type:
Drum Brake
Disc Brake
Global Heavy-duty Vehicle Braking System market, by Application
Trucks
Buses
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Heavy-duty Vehicle Braking System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Heavy-duty Vehicle Braking System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Heavy-duty Vehicle Braking System Market Overview
1.1 Heavy-duty Vehicle Braking System Product Overview
1.2 Heavy-duty Vehicle Braking System Market Segment by Type
1.2.1 Drum Brake
1.2.2 Disc Brake
1.3 Global Heavy-duty Vehicle Braking System Market Size by Type
1.3.1 Global Heavy-duty Vehicle Braking System Market Size Overview by Type (2018-2029)
1.3.2 Global Heavy-duty Vehicle Braking System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Heavy-duty Vehicle Braking System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Heavy-duty Vehicle Braking System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Heavy-duty Vehicle Braking System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Heavy-duty Vehicle Braking System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Heavy-duty Vehicle Braking System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Heavy-duty Vehicle Braking System Sales Breakdown by Type (2018-2023)
2 Global Heavy-duty Vehicle Braking System Market Competition by Company
2.1 Global Top Players by Heavy-duty Vehicle Braking System Sales (2018-2023)
2.2 Global Top Players by Heavy-duty Vehicle Braking System Revenue (2018-2023)
2.3 Global Top Players by Heavy-duty Vehicle Braking System Price (2018-2023)
2.4 Global Top Manufacturers Heavy-duty Vehicle Braking System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Heavy-duty Vehicle Braking System Market Competitive Situation and Trends
2.5.1 Heavy-duty Vehicle Braking System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Heavy-duty Vehicle Braking System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Heavy-duty Vehicle Braking System as of 2022)
2.7 Date of Key Manufacturers Enter into Heavy-duty Vehicle Braking System Market
2.8 Key Manufacturers Heavy-duty Vehicle Braking System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Heavy-duty Vehicle Braking System Status and Outlook by Region
3.1 Global Heavy-duty Vehicle Braking System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Heavy-duty Vehicle Braking System Historic Market Size by Region
3.2.1 Global Heavy-duty Vehicle Braking System Sales in Volume by Region (2018-2023)
3.2.2 Global Heavy-duty Vehicle Braking System Sales in Value by Region (2018-2023)
3.2.3 Global Heavy-duty Vehicle Braking System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Heavy-duty Vehicle Braking System Forecasted Market Size by Region
3.3.1 Global Heavy-duty Vehicle Braking System Sales in Volume by Region (2024-2029)
3.3.2 Global Heavy-duty Vehicle Braking System Sales in Value by Region (2024-2029)
3.3.3 Global Heavy-duty Vehicle Braking System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Heavy-duty Vehicle Braking System by Application
4.1 Heavy-duty Vehicle Braking System Market Segment by Application
4.1.1 Trucks
4.1.2 Buses
4.1.3 Others
4.2 Global Heavy-duty Vehicle Braking System Market Size by Application
4.2.1 Global Heavy-duty Vehicle Braking System Market Size Overview by Application (2018-2029)
4.2.2 Global Heavy-duty Vehicle Braking System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Heavy-duty Vehicle Braking System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Heavy-duty Vehicle Braking System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Heavy-duty Vehicle Braking System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Heavy-duty Vehicle Braking System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Heavy-duty Vehicle Braking System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Heavy-duty Vehicle Braking System Sales Breakdown by Application (2018-2023)
5 North America Heavy-duty Vehicle Braking System by Country
5.1 North America Heavy-duty Vehicle Braking System Historic Market Size by Country
5.1.1 North America Heavy-duty Vehicle Braking System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Heavy-duty Vehicle Braking System Sales in Volume by Country (2018-2023)
5.1.3 North America Heavy-duty Vehicle Braking System Sales in Value by Country (2018-2023)
5.2 North America Heavy-duty Vehicle Braking System Forecasted Market Size by Country
5.2.1 North America Heavy-duty Vehicle Braking System Sales in Volume by Country (2024-2029)
5.2.2 North America Heavy-duty Vehicle Braking System Sales in Value by Country (2024-2029)
6 Europe Heavy-duty Vehicle Braking System by Country
6.1 Europe Heavy-duty Vehicle Braking System Historic Market Size by Country
6.1.1 Europe Heavy-duty Vehicle Braking System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Heavy-duty Vehicle Braking System Sales in Volume by Country (2018-2023)
6.1.3 Europe Heavy-duty Vehicle Braking System Sales in Value by Country (2018-2023)
6.2 Europe Heavy-duty Vehicle Braking System Forecasted Market Size by Country
6.2.1 Europe Heavy-duty Vehicle Braking System Sales in Volume by Country (2024-2029)
6.2.2 Europe Heavy-duty Vehicle Braking System Sales in Value by Country (2024-2029)
7 Asia-Pacific Heavy-duty Vehicle Braking System by Region
7.1 Asia-Pacific Heavy-duty Vehicle Braking System Historic Market Size by Region
7.1.1 Asia-Pacific Heavy-duty Vehicle Braking System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Heavy-duty Vehicle Braking System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Heavy-duty Vehicle Braking System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Heavy-duty Vehicle Braking System Forecasted Market Size by Region
7.2.1 Asia-Pacific Heavy-duty Vehicle Braking System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Heavy-duty Vehicle Braking System Sales in Value by Region (2024-2029)
8 Latin America Heavy-duty Vehicle Braking System by Country
8.1 Latin America Heavy-duty Vehicle Braking System Historic Market Size by Country
8.1.1 Latin America Heavy-duty Vehicle Braking System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Heavy-duty Vehicle Braking System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Heavy-duty Vehicle Braking System Sales in Value by Country (2018-2023)
8.2 Latin America Heavy-duty Vehicle Braking System Forecasted Market Size by Country
8.2.1 Latin America Heavy-duty Vehicle Braking System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Heavy-duty Vehicle Braking System Sales in Value by Country (2024-2029)
9 Middle East and Africa Heavy-duty Vehicle Braking System by Country
9.1 Middle East and Africa Heavy-duty Vehicle Braking System Historic Market Size by Country
9.1.1 Middle East and Africa Heavy-duty Vehicle Braking System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Heavy-duty Vehicle Braking System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Heavy-duty Vehicle Braking System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Heavy-duty Vehicle Braking System Forecasted Market Size by Country
9.2.1 Middle East and Africa Heavy-duty Vehicle Braking System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Heavy-duty Vehicle Braking System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Robert Bosch
10.1.1 Robert Bosch Company Information
10.1.2 Robert Bosch Introduction and Business Overview
10.1.3 Robert Bosch Heavy-duty Vehicle Braking System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Robert Bosch Heavy-duty Vehicle Braking System Products Offered
10.1.5 Robert Bosch Recent Development
10.2 Continental
10.2.1 Continental Company Information
10.2.2 Continental Introduction and Business Overview
10.2.3 Continental Heavy-duty Vehicle Braking System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Continental Heavy-duty Vehicle Braking System Products Offered
10.2.5 Continental Recent Development
10.3 ZF Friedrichshafen
10.3.1 ZF Friedrichshafen Company Information
10.3.2 ZF Friedrichshafen Introduction and Business Overview
10.3.3 ZF Friedrichshafen Heavy-duty Vehicle Braking System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ZF Friedrichshafen Heavy-duty Vehicle Braking System Products Offered
10.3.5 ZF Friedrichshafen Recent Development
10.4 Tenneco
10.4.1 Tenneco Company Information
10.4.2 Tenneco Introduction and Business Overview
10.4.3 Tenneco Heavy-duty Vehicle Braking System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Tenneco Heavy-duty Vehicle Braking System Products Offered
10.4.5 Tenneco Recent Development
10.5 Meritor
10.5.1 Meritor Company Information
10.5.2 Meritor Introduction and Business Overview
10.5.3 Meritor Heavy-duty Vehicle Braking System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Meritor Heavy-duty Vehicle Braking System Products Offered
10.5.5 Meritor Recent Development
10.6 WABCO Holdings
10.6.1 WABCO Holdings Company Information
10.6.2 WABCO Holdings Introduction and Business Overview
10.6.3 WABCO Holdings Heavy-duty Vehicle Braking System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 WABCO Holdings Heavy-duty Vehicle Braking System Products Offered
10.6.5 WABCO Holdings Recent Development
10.7 Knorr-Bremse
10.7.1 Knorr-Bremse Company Information
10.7.2 Knorr-Bremse Introduction and Business Overview
10.7.3 Knorr-Bremse Heavy-duty Vehicle Braking System Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Knorr-Bremse Heavy-duty Vehicle Braking System Products Offered
10.7.5 Knorr-Bremse Recent Development
10.8 Hyundai Mobis
10.8.1 Hyundai Mobis Company Information
10.8.2 Hyundai Mobis Introduction and Business Overview
10.8.3 Hyundai Mobis Heavy-duty Vehicle Braking System Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hyundai Mobis Heavy-duty Vehicle Braking System Products Offered
10.8.5 Hyundai Mobis Recent Development
10.9 Brembo
10.9.1 Brembo Company Information
10.9.2 Brembo Introduction and Business Overview
10.9.3 Brembo Heavy-duty Vehicle Braking System Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Brembo Heavy-duty Vehicle Braking System Products Offered
10.9.5 Brembo Recent Development
10.10 Akebono Brake Industry
10.10.1 Akebono Brake Industry Company Information
10.10.2 Akebono Brake Industry Introduction and Business Overview
10.10.3 Akebono Brake Industry Heavy-duty Vehicle Braking System Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Akebono Brake Industry Heavy-duty Vehicle Braking System Products Offered
10.10.5 Akebono Brake Industry Recent Development
10.11 Baer Brakes
10.11.1 Baer Brakes Company Information
10.11.2 Baer Brakes Introduction and Business Overview
10.11.3 Baer Brakes Heavy-duty Vehicle Braking System Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Baer Brakes Heavy-duty Vehicle Braking System Products Offered
10.11.5 Baer Brakes Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Heavy-duty Vehicle Braking System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Heavy-duty Vehicle Braking System Industrial Chain Analysis
11.4 Heavy-duty Vehicle Braking System Market Dynamics
11.4.1 Heavy-duty Vehicle Braking System Industry Trends
11.4.2 Heavy-duty Vehicle Braking System Market Drivers
11.4.3 Heavy-duty Vehicle Braking System Market Challenges
11.4.4 Heavy-duty Vehicle Braking System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Heavy-duty Vehicle Braking System Distributors
12.3 Heavy-duty Vehicle Braking System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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