The breaking system generates kinetic friction between brakes and disk and static friction between tires and roads which slows down the vehicle. When both the breaks are applied the weight is transferred to front wheels. There are different types of breaking systems which are drum, disk and ABS. However, the hydraulic systems uses the brake oil for transferring the pressure from the paddle to the pads. The dual circuit breaking systems are used in four wheeler vehicles as one circuit acts on both the front wheels and second on rear wheel. Since, market of breaking system is dependent on the automobile sector, there is high demand in Automotive breaking system.

 

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In December 2018, Yamaha has launched Unified breaking system. It provides partial application of front brakes when rear brakes are applied.

 

In July 2019, Meritor has acquired AxleTech. This acquisition will help in diversifying the portfolio and advances the growth strategy.

 

#Major_Players

TMD Friction Group S.A. (Germany), Federal-Mogul Corporation (United States), Akebono Industry Co. Ltd (Japan), Haldex (Sweden), Brembo S.P.A. (Italy), Continental AG (Germany), Nissin Kogyo Co. Ltd (Japan), Meritor Inc. (United States), Knorr-Bremse AG (Germany), Hyundai Mobis Co. Ltd (South Korea),

 

#Market_Drivers

Increasing Demand of Commercial Vehicles is Fueling the Market Growth

Lower Production Costs for Automotive Breaking Systems

 

#Market_Opportunities

Rising Disposable Income in Developing Economies

Government Initiatives to Improve the Vehicle Safety

 

#Market_Trend

Advancements in Technology of Breaking Systems

Increasing Adoption of Anti-Lock Braking System

 

#Automotive_Brake_Technology Comprehensive Study by

#Type (Anti-lock Braking System (#ABS), Traction Control System (#TCS), Electronic Stability Control (#ESC))

#Brake_Type (Disk brake, Drum brake)

#Distribution (Original Equipment Manufacturers (#OEM), Aftermarket)

#Vehicle_Type (Passenger cars, Commercial vehicles)

#Material (Organic, Metallic, Ceramic)

 

What can be explored with the Automotive Brake Technology Market Study?

Gain Market Understanding

Identify Growth Opportunities

Analyze and Measure the Global Automotive Brake Technology Market by Identifying Investment across various Industry Verticals

Understand the Trends that will drive Future Changes in Automotive Brake Technology

Understand the Competitive Scenario

Track Right Markets

Identify the Right Verticals

 

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