Hidden inside the car, actuation parts are often considered as ‘safety critical’ parts. Automotive actuators are used in the actuation of various systems such as power seats and brake systems of the vehicle. One of the important system is brake actuation system which is small mechanically operated device used to ensure that the front and rear brakes are applied at the same instance. In a front wheel drive car, approximately 60% weight is over the front wheels, in order to avoid skid developed from imbalance equalization system is achieved using brake actuation systems. Automotive brake actuation system does not only prevent wheel lock during braking but also control behavior of the car under serious driving conditions by supporting various system such as electronic brake force distribution (EBD) traction control system (TC), hydraulic brake assist (HBA) or cornering brake control (CBC). As the concern over safety is growing across the globe such systems are gaining increasing traction among the OEMs and users.
Request a report sample to gain comprehensive market insights @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1143
Automotive Brake Actuation Systems Market: Drivers & Restraints
The global automotive brake actuation system market is increasing rapidly due to various factors such as stringent government norms related to safety and consumer preferences shifting to new technology advancement and active safety features. Also, rising concern over fuel economy, stringent government laws towards controlling vehicular emission and growing vehicles in operations are some of the major drivers along with macroeconomic factors such as growing GDP are fuelling the growth of the global automotive brake actuation systems market. However high cost of implementation and slower adoption rate of newer technology can pose a major challenge towards the growth of the global automotive brake actuation systems market.
Automotive Brake Actuation Systems Market: Overview
The global automotive brake actuation system market is expected to grow with significant rate over the forecast period from 2015 to 2025. Developed economies such as U.S. and U.K. is anticipated to play major role in first half of forecast period 2015 – 2020 while during the second half of the forecast period emerging economies such as India, China and Brazil is forecast to surge the demand for automotive brake actuation systems market. Among the vehicle type segment, passenger vehicle segment dominated the global automotive brake actuation system market in 2014, and is projected to expand at highest CAGR over the forecast period.
Automotive Brake Actuation Systems Market: Region-wise Outlook
The global automotive brake actuation systems market is geographically segmented into seven key regions which are, North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. As of 2014, Asia Pacific dominated the global automotive brake actuation system market followed by North America and Europe. On the other hand BRIC countries are expected to grow at higher CAGR when compared to other countries in their respective regions.
Automotive Brake Actuation Systems Market: Key Players
Some of the key players identified in global automotive brake actuation systems market are Continental AG, ZF TRW, MICO, Inc., Delphi Automotive PLC, Magneti Marelli S.P.A, and Valeo S.A.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Automotive Brake Actuation Systems Market: Segmentation
Global Automotive Brake Actuation system market is segmented on the basis of geography, vehicle type and by components.
Component segment of the global automotive brake actuation systems market includes following segment
- Brake booster
- Tandem master cylinder (TMCs)
- Brake fluid reservoir
On the other hand vehicle type segment is further segmented into following three categories;
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-1143
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]