The compressed air brake system is a kind of friction brake for automobiles. Compressed air is utilized for activating a piston, which applies the required pressure on the brake pad that helps to stop the vehicle. The compressed air braking system is a high power braking system, which is more commonly employed in heavy vehicles, primarily for vehicles that have multiple trailers, such as buses, semi-trailers, trucks, and trailers. Humans are unlikely to generate the amount of braking force required to stop a heavy load vehicle. Hence, another power source is required that can be utilized to produce the braking force required to apply pressure on the braking pads and subsequently, decelerate the vehicle.

Stringent safety standards and a higher importance on efficiency of the vehicles have prompted numerous manufacturers to focus on the development of systems. These factors are projected to boost the automotive compressed air brake system market. Changing components and advancements in materials are enhancing the air brake system. Increasing demand for vehicle safety technologies, such as electronic stability program, anti-lock braking system, traction control system, and regenerative braking, are compelling OEMs to integrate such technologies within the compressed air brake system. The air brake system provides more control than hydraulic or mechanical brake systems. Therefore, it is used in heavy-duty vehicles. Moreover, the compressed air brake system is easy to mount on chassis.

The global automotive compressed air brake system market can be segmented based on type, vehicle type, and region.

Based on type, the automotive compressed air brake system market can be divided into drum brake and disc brake. Disc brake is significantly growing segment for the vehicles, though air brakes are mostly used in heavy duty vehicles and drum brakes has more prominent use for air brakes. Hence, the drum brake segment is likely to hold a prominent share of the market during the forecast period.

In terms of vehicle type, the automotive compressed air brake system market can be bifurcated into passenger vehicle and commercial vehicle. The commercial vehicle segment can be further sub-segmented into light commercial vehicle, heavy commercial vehicle, and buses & coaches. Penetration of air brake systems is significantly high in heavy commercial vehicles and buses & coaches.

Based on region, the automotive compressed air brake system market can be segregated into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Asia Pacific accounted for a significant share of the global automotive compressed air brake system market owing to the considerably high production of vehicles in the region.

Key global players operating in the automotive compressed air brake system market include Knorr-Bremse AG, Anand Group, Minda Nabtesco Automotive (P) LTD., WABCO, Airmaster Brake Systems, Bendix Commercial Vehicle Systems LLC, Haldex Europe SAS, Brakes India Limited, SORL Auto Parts, Inc., YUMAK Air Brake Systems, and Fricción y Tecnología, S.A. de C.V. Local players dominate the automotive compressed air brake system market, as the components required in the entire air brake system are mostly manufactured by local players.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.