Automotive Compressed Air Brake System Market

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.
Automotive Compressed Air Brake System Market contains market size and forecasts of Automotive Compressed Air Brake System in global, including the following market information:
Global Automotive Compressed Air Brake System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Compressed Air Brake System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Compressed Air Brake System companies in 2021 (%)
The global Automotive Compressed Air Brake System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Drum Brake Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Compressed Air Brake System include Knorr-Bremse, Anand Group, Minda Nabtesco Automotive, WABCO, Airmaster Brake Systems, Haldex Europe SAS, Brakes India, SORL Auto Parts and YUMAK Air Brake Systems and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Compressed Air Brake System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Compressed Air Brake System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Compressed Air Brake System Market Segment Percentages, by Type, 2021 (%)
Drum Brake
Disc Brake
Global Automotive Compressed Air Brake System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Compressed Air Brake System Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Compressed Air Brake System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Compressed Air Brake System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Compressed Air Brake System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Compressed Air Brake System revenues share in global market, 2021 (%)
Key companies Automotive Compressed Air Brake System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Compressed Air Brake System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Knorr-Bremse
Anand Group
Minda Nabtesco Automotive
WABCO
Airmaster Brake Systems
Haldex Europe SAS
Brakes India
SORL Auto Parts
YUMAK Air Brake Systems
Fricci?n y Tecnolog?a