Air Brake System Market Size & Share, by Type (Disc, Drum); Component (Governor, Tank, Air Dryer, Compressor, Foot Valve, Slack Adjuster, Brake Chamber); Technology (Traction Control System, Electronic Stability Control, Anti-Lock Braking System, Brake Force Distribution); Vehicle Type (Bus, Truck, Rolling Stock) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

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Report ID: 4828
Published Date: Apr 17, 2023
Report Format: PDF, PPT

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Companies Dominating the Air Brake System Landscape

ZF Friedrichshafen AG
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Knorr-Bremse AG
Haldex Group
Continental AG
Brembo S.p.A.
EBC Brakes
Nissin Kogyo Co., Ltd.
Robert Bosch GmbH
Accuride Corporation
Aisin Corporation

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Air Brake System Market Size & Share, Forecast Report 2035

In the News

Knorr-Bremse AG signed a framework agreement with Alstom to provide braking, sanitary entrance, and climate control systems to 130 Coradia Stream regional trains. It is so far the largest contract of the Knorr-Bremse in Europe.
ZF Friedrichshafen AG introduced 100 international LT series trucks equipped with Wabco Maxxus L2.0 air disc brakes of the fifth generation. The MAXXUS L2.0 air disc brakes were chosen because of their durability, ease of maintenance, and high uptime. These disc brakes are manufactured in Charleston, South Carolina.

Frequently Asked Questions (FAQ)

Increasing incidences of road accident fatalities and rising demand for luxury vehicles & recreational vehicles are the major factors driving the market growth.

The market size of air brake systems is anticipated to attain a CAGR of 6.31% over the forecast period, i.e., 2023-2035.

Lack of specialized knowledge for using it and presence of other alternative in the market are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Aisin Corporation, Haldex Group, Continental AG, Brembo S.p.A., EBC Brakes, Knorr-Bremse AG, Nissin Kogyo Co., Ltd., Robert Bosch GmbH, ZF Friedrichshafen AG, and Accuride Corporation

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, technology, component, vehicle type, and by region.

The bus segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Companies Dominating the Air Brake System Landscape

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In the News

Frequently Asked Questions (FAQ)

What are the major factors driving the growth of the air brake systems market?

What would be the CAGR of air brake systems market over the forecast period?

What are the challenges affecting the air brake systems market growth?

Which region will provide more business opportunities for growth of air brake systems market in future?

Who are the major players dominating the air brake systems market?

How are the company profiles selected?

What are the segments in the air brake systems market?

Which segment captures the largest market size in the vehicle type segment in the air brake systems market?