Global Vehicle Brake System Market is estimated to reach USD 1352.1 Mn by 2029 | According to the latest study

The car braking system is a series of special devices to slow down or stop a moving car, or keep a car running downhill at a stable speed, and to keep a stopped car stable.

The key system to ensure the safety of automobile driving. According to the function of the automobile braking system, it can be divided into driving braking system, parking braking system, emergency braking system, auxiliary braking system, specific analysis

as follows:

(1) Service braking system: a braking system used to slow down or even stop a moving vehicle;

(2) Parking brake system: a braking system that keeps a stopped vehicle in place;

(3) Emergency braking system: In the case of failure of the service braking system, the braking system that ensures that the vehicle can still decelerate or stop is called the emergency braking system;

(4) Auxiliary braking system: During the driving process, the auxiliary driving braking system reduces the speed of the vehicle or keeps the speed stable, but the braking system for emergency braking of the vehicle cannot be called the auxiliary braking system.

Global Vehicle Brake System market is projected to reach US$ 1352.1 million in 2029, increasing from US$ 622.1 million in 2022, with the CAGR of 11.5% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Vehicle Brake System market research.

Key manufacturers engaged in the Vehicle Brake System industry include ZF, Bosch, REMSA, JURID, TEXTAR, AKEBONO, Wuhan Yuanfeng Automotive Electronic Control System Co., Ltd., SAIC Brake and Jilin Dongguang Aowei Automobile Braking System Co., Ltd., etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.

For production bases, global Vehicle Brake System production is dominated by and . The two regions contributed to % production share globally in 2022.

When refers to consumption region, % volume of Vehicle Brake System were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Vehicle Brake System market and estimated to attract more attentions from industry insiders and investors.

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Scope of Vehicle Brake System Market Report:

This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Vehicle Brake System market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.

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Segment by Type:

  • Service Brake System
  • Parking Brake System
  • Emergency Brake System
  • Auxiliary Brake System

Segment by Application:

  • Diesel Vehicles
  • Petrol Vehicles
  • New Energy Vehicles

Production by Region:

  • North America
  • Europe
  • China
  • Japan
  • South Korea
  • India

Leading Key Players of Vehicle Brake System Market:

  • ZF
  • Bosch
  • REMSA
  • JURID
  • TEXTAR
  • AKEBONO
  • Wuhan Yuanfeng Automotive Electronic Control System Co., Ltd.
  • SAIC Brake
  • Jilin Dongguang Aowei Automobile Braking System Co., Ltd.
  • Zhejiang Zhengde Brake Co., Ltd.
  • Wuhu Bethel Automotive Safety System Co., Ltd.
  • Zongshen Industry Group Co., Ltd.
  • Segment by Type
  • Service Brake System
  • Parking Brake System
  • Emergency Brake System
  • Auxiliary Brake System

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The Vehicle Brake System report covers below items:

Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source

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