Global Air brake systems market is valued approximately USD 4.5 billion in 2018 and is anticipated to grow with a growth rate of more than 3.31% over the forecast period 2019-2026.
The air brake systems are one of the high-power braking systems that is commonly used in heavy vehicles such as buses, trucks etc. It is a power system that enables braking force that helps in creating force to the braking pads and generates a friction forces between brake and tire which tends to stop the vehicles. Air brake systems use air to generate the force and consist of compressor, air filter, reservoir, valve and brake pads. Increase in sale & production of commercial vehicles and off- highway trucks, fail-safe nature of air brakes over hydraulic brakes and increasing railways and high-speed trains are the factors driving the growth of market over the forecast years. However, costly air brakes over hydraulic brakes and increasing focus toward electric bus and trucks are the factors hampering the growth of market over the forecast years. Whereas, regulations related to load carrying capacity and mandates on air brake installation is a lucrative opportunity for the growth of market over the upcoming years. Hence, the rise in construction industry across the globe fuels the growth of market in future. According to the United Nations Department of Economic and Social Affairs in 2018, it is estimated that 55% of the total world’s population lives in urban area and it expected to rise to 68% by 2050.The rising urbanization across the globe supports the rise in construction industry as it is projected that the most urbanized region includes North America, Latin America and the Caribbean, Europe and Oceanic. The level of urbanization in Asia is approximately 50% of the total population. On the contrary, Africa remains more rural, with nearly 43% of the total population living in urban areas. Hence, the rising urbanization is gaining popularity in the construction sector thereby, surge the market growth.
The regional analysis of global Air brake systems market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The Asia pacific is the fastest growing region for the air brake system market over the forecast years owing to the largest heavy commercial vehicle production compare to another region. Also, the rising urbanization and industrialization in the developing economies such as India and China coupled with rising awareness for the vehicle and driver safety propel the growth of market over the upcoming years. Additionally, China is the leading economy in the air brake system market owing to the higher production of heavy duty trucks.
Market player included in this report are:
Wabco
Meritor
Haldex
ZF
Wabtec
Nabtesco
TSE brakes
Sealco
Tata Autocomp
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Brake Type:
Air drum brake
Air disc brake
By Vehicle Type:
Rigid body truck
Heavy duty truck
Semi-trailer
Bus
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Air Brake Systems Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Air brake system Market, by Region, 2017-2026 (USD Billion)
1.2.2. Air brake system Market, by Brake type, 2017-2026 (USD Billion)
1.2.3. Air brake system Market, by Vehicle type, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Air brake system Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Air brake system Market Dynamics
3.1. Air brake system Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Air brake system Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Air brake system Market, by Brake type
5.1. Market Snapshot
5.2. Global Air brake system Market by Brake type, Performance - Potential Analysis
5.3. Global Air brake system Market Estimates & Forecasts by Brake type 2016-2026 (USD Billion)
5.4. Air brake system Market, Sub Segment Analysis
5.4.1. Air drum brake
5.4.2. Air disc brake
Chapter 6. Global Air brake system Market, by Vehicle type
6.1. Market Snapshot
6.2. Global Air brake system Market by Vehicle type, Performance - Potential Analysis
6.3. Global Air brake system Market Estimates & Forecasts by Vehicle type 2016-2026 (USD Billion)
6.4. Air brake system Market, Sub Segment Analysis
6.4.1. Rigid body truck
6.4.2. Heavy-duty truck
6.4.3. Semi-trailer
6.4.4. Bus
Chapter 7. Global Air brake system Market, Regional Analysis
7.1. Air brake system Market, Regional Market Snapshot
7.2. North America Air brake system Market
7.2.1. U.S. Air brake system Market
7.2.1.1. Brake type breakdown estimates & forecasts, 2016-2026
7.2.1.2. Vehicle type breakdown estimates & forecasts, 2016-2026
7.2.2. Canada Air brake system Market
7.3. Europe Air brake system Market Snapshot
7.3.1. U.K. Air brake system Market
7.3.1.7.3.2. Germany Air brake system market
7.3.2.7.3.3. Rest of Europe Air brake system Market
7.4. Asia-Pacific Air brake system Market Snapshot
7.4.1. China Air brake system Market
7.4.2. India Air brake system Market
7.4.3. Japan Air brake system Market
7.4.4. Rest of Asia Pacific Air brake system Market
7.5. Latin America Air brake system Market Snapshot
7.5.1. Brazil Air brake system Market
7.5.2. Mexico Air brake system Market
7.6. Rest of The World Air brake system Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.3. Knorr-Bremse
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. Webco
8.3.3. Meritor
8.3.4. Haldex
8.3.5. ZF
8.3.6. Wabtec
8.3.7. Nabtesco
8.3.8. TSE brakes
8.3.9. Sealco
8.3.10. Tata autocomp
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL AIR BRAKE SYSTEM MARKET
TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL AIR BRAKE SYSTEM MARKET
TABLE 3. GLOBAL AIR BRAKE SYSTEM MARKET, REPORT SCOPE
TABLE 4. YEARS CONSIDERED FOR THE STUDY
TABLE 5. EXCHANGE RATES CONSIDERED
TABLE 6. GLOBAL AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD BILLION)
TABLE 7. GLOBAL AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY BRAKE TYPE 2016-2026 (USD BILLION)
TABLE 8. GLOBAL AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY VEHICLE TYPE 2016-2026 (USD BILLION)
TABLE 9. GLOBAL AIR BRAKE SYSTEM MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 10. GLOBAL AIR BRAKE SYSTEM MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 11. GLOBAL AIR BRAKE SYSTEM MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 12. GLOBAL AIR BRAKE SYSTEM MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 13. GLOBAL AIR BRAKE SYSTEM MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 14. GLOBAL AIR BRAKE SYSTEM MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 15. GLOBAL AIR BRAKE SYSTEM MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 16. GLOBAL AIR BRAKE SYSTEM MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 17. GLOBAL AIR BRAKE SYSTEM MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 18. GLOBAL AIR BRAKE SYSTEM MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 19. U.S. AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 20. U.S. AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 21. U.S. AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 22. CANADA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 23. CANADA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 24. CANADA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 25. UK AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 26. UK AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 27. UK AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 28. GERMANY AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 29. GERMANY AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 30. GERMANY AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 31. ROE AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 32. ROE AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 33. ROE AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 34. CHINA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 35. CHINA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 36. CHINA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 37. INDIA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 38. INDIA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 39. INDIA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 40. JAPAN AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 41. JAPAN AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 42. JAPAN AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 43. ROAPAC AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 44. ROAPAC AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 45. ROAPAC AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 46. BRAZIL AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 47. BRAZIL AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 48. BRAZIL AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 49. MEXICO AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 50. MEXICO AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 51. MEXICO AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 52. ROLA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 53. ROLA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 54. ROLA AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 55. ROW AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 56. ROW AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 57. ROW AIR BRAKE SYSTEM MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
