HOME Top Market Reports Brake System Market by Application (PC, LCV, HCV, Off-Highway, Wagon, Locomotive, and RTV), Type (Disc and Drum), Technology (ABS, TCS, ESC, and EBD), Rolling Stock and Locomotive (Air, EP, ECP, and others), and Region - Global Forecast to 2020

Brake System Market by Application (PC, LCV, HCV, Off-Highway, Wagon, Locomotive, and RTV), Type (Disc and Drum), Technology (ABS, TCS, ESC, and EBD), Rolling Stock and Locomotive (Air, EP, ECP, and others), and Region - Global Forecast to 2020

By: marketsandmarkets.com
Publishing Date: September 2015
Report Code: AT 3016

 

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The global brake market is primarily driven by increasing global vehicle production and growing safety concerns. The brake market is projected to grow at a CAGR of 6.90%, to reach a market size of USD 29.4 Billion by 2020. The base year for the study is 2014, and the forecast period is 2015 to 2020. The report segments the brake market on the basis of application, brake type, technology, rolling stock & locomotive, and region. The report offers insights into potential growth opportunities for the brake market in the near future.

Brakes are a fundamental safety component of any vehicle, and have therefore been under constant scrutiny from governments and the public. Technological advancements in terms of speed and acceleration have further intensified the pressure on brake manufacturers to develop technologies that enhance vehicle safety. The introduction of electronic braking systems in the automotive sector as well as in locomotives and rolling stock has brought about great change in the industry. The electro pneumatic braking system market is projected to grow rapidly from 2015 to 2020, to acquire the largest share by 2020.

The research methodology used in the report involves various secondary sources, including paid databases and directories. Experts from related industries and suppliers have been interviewed to understand the future trends of the brake market. Product mapping has been conducted to arrive at the correct market size for various technologies used in vehicles. The bottom-up approach has been used to estimate the market size, wherein country-wise vehicle production statistics, by vehicle type, have been taken into account. This country-wise market size, in terms of volume, has then been multiplied with the country-wise average OE price (AOP) of brake systems. This results in the country-wise market size, in terms of value. The summation of the country-wise market gives the regional market, and further summation of the regional market provides the global brake market.

The figure below provides a break-up of the profile of industry experts who participated in primary discussions.

Brake System Market

The brake market ecosystem consists of brake manufacturers such as ZF TRW Automotive Holdings Corporation (U.S.), Continental AG (Germany), Aisin Seiki Co. Ltd. (Japan), Mando Corporation (South Korea), Knorr-Bremse (Germany), and Akebono Brake Industry Co. Ltd. (Japan), and regional automotive manufacturers associations such as Japan Automotive Manufacturers Association (JAMA) and Society of Indian Automotive Manufacturers (SIAM).

Target Audience

  • Brake manufacturers
  • Original equipment manufacturers
  • Investment firms
  • Equity research firms
  • Private equity firms

Scope of the Report

  • Automotive brake market, by Type
    • Disc brake
    • Drum brake
  • Automotive EAB systems market, by type
    • ABS
    • ESC
    • TCS
    • EBD
  • Automotive brake market, by Vehicle type
    • PC
    • LCV
    • HCV
  • Automotive brake market, by Region
    • Asia-Oceania
    • Europe
    • North America
    • RoW
  • Locomotive and rolling stock brake system market
  • Off-highway brake market
    • Construction
    • Agriculture

Available Customizations

  • Two-wheeler brake market, by country
  • Two-wheeler brake market, by brake type
  • Brake market for automotive, by technology (country level)
  • Automotive brake market, by material type
  • Automotive brake market, by component
  • Advanced brake systems market, by region

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitation
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
    2.3 Data From Secondary Sources
    2.4 Primary Data
           2.4.1 Sampling Techniques & Data Collection Methods
           2.4.2 Primary Participants
    2.5 Factor Analysis
           2.5.1 Introduction
           2.5.2 Demand Side Analysis
                    2.5.2.1 Increasing Population Across the Globe
                    2.5.2.2 Impact of Gdp on Total Vehicle Sales
                    2.5.2.3 Infrastructure: Roadways
                    2.5.2.4 Infrastructure: Rail Network
           2.5.3 Supply Side Analysis
                    2.5.3.1 Influence of Safety Regulations
    2.6 Market Size Estimation
    2.7 Data Triangulation
    2.8 Assumptions
    2.9 Considerations

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 36)
    4.1 Automotive Brake Market, By Region and Technology
    4.2 Automotive Brake Market, By Type
    4.3 Automotive Brake Market, By Region and Vehicle Type
    4.4 Automotive Disc and Drum Brake Market, By Region
    4.5 Locomotive & Rolling Stock Brake System Market,  By Application
    4.6 Locomotive and Rolling Stock Brake System Market,  By System
    4.7 Off-Highway Brake System Market, By Application
    4.8 Who Supplies to Whom

5 Market Overview (Page No. - 41)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Vehicle Production
                    5.3.1.2 Rising Safety Concerns
                    5.3.1.3 Growing Locomotive and Rolling Stock Market
           5.3.2 Restraint
                    5.3.2.1 Low Penetration of Advanced Braking Systems in High-Growth Regions Such as China and India
           5.3.3 Opportunities
                    5.3.3.1 Introduction of By-Wire Technologies in Brake System
                    5.3.3.2 Regenerative Braking System
           5.3.4 Challenge
                    5.3.4.1 Developing Low-Cost, High-Performance Brake System That Adhere to Regulations
    5.4 Burning Issues
           5.4.1 Environment-Friendly Brakes
    5.5 Porters Five Forces Analysis
           5.5.1 Threat of New Entrant
           5.5.2 Threat of Substitutes
           5.5.3 Bargaining Power of Suppliers
           5.5.4 Bargaining Power of Buyers
           5.5.5 Intensity of Rivalry
    5.6 Value Chain Analysis
    5.7 Average OE Selling Price (ASP) Analysis
    5.8 Product Life Cycle
    5.9 Technology Roadmap
    5.10 Safety Regulations
    5.11 Future Technologies
           5.11.1 Autonomous Emergency Braking System (AEBS)
           5.11.2 Intelligent Speed Adaptation
           5.11.3 Brake-By-Wire
                    5.11.3.1 Working of Brake-By-Wire System
                    5.11.3.2 Types of Brake-By-Wire System
                               5.11.3.2.1 Electro-Hydraulic Brake (EHB)
                               5.11.3.2.2 Electro-Mechanical Brake (EMB)
           5.11.4 Kinetic Energy Recovery System (KERS)

6 Off-Highway Brake System Market (Page No. - 61)
    6.1 Introduction
    6.2 Agricultural Tractors
    6.3 Construction Equipment

7 Locomotive & Rolling Stock Brake Market (Page No. - 65)
    7.1 Introduction
    7.2 Locomotive and Rolling Stock Brake Market,  By Application
           7.2.1 Locomotives
           7.2.2 Rapid Transit Vehicles
           7.2.3 Wagons
    7.3 Locomotive and Rolling Stock Brake Market, By System
           7.3.1 Air Brakes
           7.3.2 Electro-Pneumatic Brakes
           7.3.3 Other Brakes

8 Automotive Electronically Assisted Brake (EAB) System Market (Page No. - 72)
    8.1 Introduction
    8.2 Antilock Brake System (ABS)
    8.3 Electronic Stability Control (ESC)
    8.4 Traction Control System (TCS)
    8.5 Electronic Brake Force Distribution (EBD)

9 Automotive Brake Market, By Region (Page No. - 79)
    9.1 Introduction
    9.2 Pest Analysis
           9.2.1 Political Factors
                    9.2.1.1 Asia-Oceania
                    9.2.1.2 Europe
                    9.2.1.3 North America
                    9.2.1.4 RoW
           9.2.2 Economic Factors
                    9.2.2.1 Asia-Oceania
                    9.2.2.2 Europe
                    9.2.2.3 North America
                    9.2.2.4 RoW
           9.2.3 Social Factors
                    9.2.3.1 Asia-Oceania
                    9.2.3.2 Europe
                    9.2.3.3 North America
                    9.2.3.4 RoW
           9.2.4 Technological Factors
                    9.2.4.1 Asia-Oceania
                    9.2.4.2 Europe
                    9.2.4.3 North America
                    9.2.4.4 RoW
    9.3 Automotive Brake Market
    9.4 Asia-Oceania
           9.4.1 China
           9.4.2 Japan
           9.4.3 South Korea
           9.4.4 India
           9.4.5 Rest of Asia-Oceania
    9.5 Europe
           9.5.1 Germany
           9.5.2 France
           9.5.3 U.K.
           9.5.4 Rest of Europe
    9.6 North America
           9.6.1 U.S.
           9.6.2 Mexico
           9.6.3 Canada
    9.7 Rest of the World (RoW)
           9.7.1 Brazil
           9.7.2 Russia
           9.7.3 Others

10 Competitive Landscape (Page No. - 114)
     10.1 Overview
     10.2 Market Share Analysis, Brake Market
     10.3 Competitive Situation and Trends
     10.4 Battle for Market Share: Expansion Was the Key Strategy
     10.5 Expansions
     10.6 New Product Launches & Developments
     10.7 Mergers & Acqusitions
     10.8 Partnerships, Agreements, Collaborations, & Joint Ventures

11 Company Profiles (Page No. - 121)
     11.1 Introduction
(Overview, Financials, Products & Services, Strategy, and Developments)*
     11.2 ZF TRW Automotive Holdings Corporation
     11.3 Continental AG
     11.4 Aisin Seiki Co. Ltd.
     11.5 Akebono Brake Industry Co. Ltd.
     11.6 Mando Corporation
     11.7 Brembo S.P.A.
     11.8 Federal-Mogul Holdings Corporation
     11.9 Haldex AB
     11.10 Knorr-Bremse AG
     11.11 Nissin Kogyo Co., Ltd.

*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 146)
     12.1 Insights of Industry Experts
     12.2 Other Developments
     12.3 Discussion Guide
     12.4 Introducing RT: Real Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Report


List of Tables (73 Tables)

Table 1 Economic Factors
Table 2 Key Suppliers: Who Supplies to Whom (Disc & Drum Brakes Components)
Table 3 Key Suppliers: Who Supplies to Whom (ABS & ESC Systems)
Table 4 ASP Analysis of Automotive Disc and Drum Brakes, 2014 (USD)
Table 5 ASP Analysis of Electronically Assisted Brake Systems, 2014 (USD)
Table 6 Federal Motor Vehicle Safety Standards, U.S.
Table 7 Stopping Distance Regulations for Off-Highway Vehicles, U.S.
Table 8 Stopping Distance Regulations in U.K.
Table 9 Global: Off-Highway Brake System Market, 2013–2020 (‘000 Units)
Table 10 Agricultural Tractors Brake System Market, By Region, 2013–2020 (‘000 Units)
Table 11 Global: Construction Equipment Brake System Market, By Region,  2013–2020 (‘000 Units)
Table 12 Locomotive & Rolling Stock Brake Market, By Application, 2013–2020 (Units)
Table 13 Locomotive Brake Market, By Region, 2013–2020 (Units)
Table 14 Rapid Transit Vehicles Brake Market, By Region, 2013–2020 (Units)
Table 15 Wagons Brake Market, By Region, 2013–2020 (Units)
Table 16 Locomotive & Rolling Stock Brake Market, By System, 2013–2020 (Units)
Table 17 Locomotive & Rolling Stock Air Brake Market, By Region, 2013–2020 (Units)
Table 18 Locomotive & Rolling Stock Electro-Pneumatic Brake Market, By Region,  2013–2020 (Units)
Table 19 Locomotive & Rolling Stock Other Brake Market, By Region, 2013–2020 (Units)
Table 20 EAB System Market, By Technology, 2013–2020 (‘000 Units)
Table 21 EAB System Market, By Technology, 2013–2020 (USD Million)
Table 22 ABS System Market, By Region, 2013–2020 (‘000 Units)
Table 23 ABS System Market, By Region, 2013–2020 (USD Million)
Table 24 ESC System Market, By Region, 2013–2020 (‘000 Units)
Table 25 ESC System Market, By Region, 2013–2020 (USD Million)
Table 26 TCS System Market, By Region, 2013–2020 (‘000 Units)
Table 27 TCS System Market, By Region, 2013–2020 (USD Million)
Table 28 EBD System Market, By Region, 2013–2020 (‘000 Units)
Table 29 EBD System Market, By Region, 2013–2020 (USD Million)
Table 30 Automotive Brake Market, By Region, 2013–2020, (‘000 Units)
Table 31 Automotive Brake Market, By Region, 2013–2020 (USD Million)
Table 32 Asia-Oceania: Automotive Brake Market, By Country, 2013–2020 (‘000 Units)
Table 33 Asia-Oceania: Automotive Brake Market, By Country, 2013–2020 (USD Million)
Table 34 China: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020, (‘000 Units)
Table 35 China: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020, (USD Million)
Table 36 Japan: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020, (‘000 Units)
Table 37 Japan: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (USD Million)
Table 38 South Korea: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (‘000 Units)
Table 39 South Korea: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (USD Million)
Table 40 India: Automotive Brake Market, By Vehicle & Brake Type, 2013–2020 (‘000 Units)
Table 41 India: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (USD Million)
Table 42 Rest of Asia-Oceania: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (‘000 Units)
Table 43 Rest of Asia-Oceania: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (USD Million)
Table 44 Europe: Automotive Brake Market, By Country, 2013–2020 (‘000 Units)
Table 45 Europe: Automotive Brake Market, By Country, 2013–2020 (USD Million)
Table 46 Germany: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (‘000 Units)
Table 47 Germany: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (USD Million)
Table 48 France: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (‘000 Units)
Table 49 France: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (USD Million)
Table 50 U.K.: Automotive Brake Market, By Vehicle & Brake Type, 2013–2020, (‘000 Units)
Table 51 U.K.: Automotive Brake Market, By Vehicle & Brake Type, 2013–2020 (USD Million)
Table 52 Rest of Europe: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (‘000 Units)
Table 53 Rest of Europe: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (USD Million)
Table 54 North America: Automotive Brake Market, By Country, 2013–2020 (‘000 Units)
Table 55 North America: Automotive Brake Market, By Country, 2013–2020 (USD Million)
Table 56 U.S.: Automotive Brake Market, By Vehicle & Brake Type, 2013–2020 (‘000 Units)
Table 57 U.S.: Automotive Brake Market, By Type, 2013–2020 (USD Million)
Table 58 Mexico: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (‘000 Units)
Table 59 Mexico: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (USD Million)
Table 60 Canada: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (‘000 Units)
Table 61 Canada: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (USD Million)
Table 62 RoW: Automotive Brake Market, By Country, 2013–2020 (‘000 Units)
Table 63 RoW: Automotive Brake Market, By Country, 2013–2020 (USD Million)
Table 64 Brazil: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (‘000 Units)
Table 65 Brazil: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (USD Million)
Table 66 Russia: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (‘000 Units)
Table 67 Russia: Automotive Brake Market, By Vehicle & Brake Type,  2013–2020 (USD Million)
Table 68 Others: Automotive Brake Market, By Vehicle & Brake Type, 2013–2020 (‘000 Units)
Table 69 Others: Automotive Brake Market, By Vehicle & Brake Type, 2013–2020 (USD Million)
Table 70 Expansions, 2014–2015
Table 71 New Product Launches & Developments, 2013–2015
Table 72 Mergers & Acquisitions, 2011–2014
Table 73 Partnerships, Agreements, Collaborations, & Joint Ventures, 2014


List of Figures (67 Figures)

Figure 1 Brake Systems Market: Markets Covered
Figure 2 Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation,  & Region
Figure 5 Significant Growth in Global Population (Million), 2004–2014
Figure 6 Gross Domestic Product vs Total Vehicle Sales
Figure 7 Roadways Infrastructure: Road Network (Km), By Country, 2011
Figure 8 Rail Network, 2012
Figure 9 Automotive Brake Market Size Estimation, By Type & Technology: Bottom-Up Approach
Figure 10 Locomotive & Rolling Stock Brake System Market Size Estimation, By Application: Bottom-Up Approach
Figure 11 Locomotive & Rolling Stock Brake System Market Size Estimation, By System: Top-Down Approach
Figure 12 Asia-Oceania is Projected to Be the Largest Market for Automotive Brakes From 2015 to 2020 (USD Billion)
Figure 13 China Estimated to Be the Largest Market for Automotive Brake During the Forecast Period
Figure 14 Asia-Oceania: Largest Market for Automotive Disc Brakes  (USD Billion)
Figure 15 Automotive Electronically Assisted Brake (EAB) System Market: ESC Estimated to Hold the Largest Market Share, By Value
Figure 16 Off-Highway Brake System Market: Asia-Oceania is Estimated to Account for the Largest Market Size in 2015
Figure 17 Locomotive & Rolling Stock Brake System: Electro-Pneumatic Brakes are Projected to Have the Largest Market Share From 2015 to 2020, By Volume
Figure 18 Asia-Oceania Region & Electronic Stability Control (ESC) to Dominate the Brake Market for Automotive, By Value, 2015-E
Figure 19 China: Fastest-Growing Brake Market, By Value, 2015–2020
Figure 20 Passenger Car Segment Estimated to Dominate the Automotive Brake Market in 2015
Figure 21 Asia-Oceania Estimated to Account for the Largest Market Share in Brake Market for Automotive, By Type, (2015-E)
Figure 22 Snapshot: Locomotive & Rolling Stock Brake System Market
Figure 23 EP Brake: Highest Market Share in Locomotive and Rolling Stock Brake System Market, By Volume, 2015-E
Figure 24 Agriculture Tractors: Highest Growth Market in the Off-Highway Segment
Figure 25 Brake Market: Market Segmentation
Figure 26 Brake System Market Dynamics
Figure 27 Global Vehicle Production, 2013-2020
Figure 28 Locomotive & Rolling Stock Market: Projected to Grow at A CAGR of 2.80% From 2015 to 2020
Figure 29 Worldwide ESC Installation Rates, 2013–2020
Figure 30 Working of Regenerative Braking System
Figure 31 Porter’s Five Forces Analysis
Figure 32 Brake System Market: Value Chain Analysis
Figure 33 Product Life Cycle: Electronically Assisted On-Highway Brake Systems:
Figure 34 Product Life Cycle: Rail Brake Systems
Figure 35 Evolution of Automotive Brake System
Figure 36 Legislative Scenario: Key Country-Level Markets
Figure 37 Passenger Car & Commercial Vehicle Stopping Distance, U.K.
Figure 38 Working of AEBS
Figure 39 Working of Electro-Mechanical Brake
Figure 40 Working of KERS System
Figure 41 Off-Highway Brake System Market: Agricultural Tractor Estimated to Be the Largest Market From 2015 to 2020 (‘000 Units)
Figure 42 Rapid Transit Vehicle to Lead the Locomotive & Rolling Stock Braking Market, 2015-E ( Units)
Figure 43 Locomotive and Rolling Stock Brake Market, By System,  2015-E (Units)
Figure 44 Global Market for EAB System, By Technology, 2015 (USD Million)
Figure 45 Automotive Brake Market Outlook, By Region (USD Million)
Figure 46 Asia-Oceania: Automotive Brake Market Snapshot
Figure 47 North America: Automotive Brake Market Snapshot
Figure 48 Companies Adopted Expansion as A Key Growth Strategy
Figure 49 Mando Corporation Grew at the Fastest Rate, 2010–2014
Figure 50 Automotive OE Brake Market Share, By Key Player, 2014
Figure 51 Regional Expansion is the Key Strategy Adopted By Market Players
Figure 52 Region-Wise Revenue Mix of Top Five Players, 2014
Figure 53 ZF TRW Automotive Holdings Corp.: Company Snapshot
Figure 54 SWOT Analysis: ZF TRW Automotive Holdings Corp.
Figure 55 Continental AG: Company Snapshot
Figure 56 SWOT Analysis: Continental AG
Figure 57 Aisin Seiki Co. Ltd.: Company Snapshot
Figure 58 SWOT Analysis: Aisin Seiki Co. Ltd.
Figure 59 Akebono Brake Industry Co. Ltd.: Company Snapshot
Figure 60 SWOT Analysis: Akebono Brake Industry Co. Ltd.
Figure 61 Mando Corporation: Company Snapshot
Figure 62 SWOT Analysis: Mando Corporation
Figure 63 Brembo S.P.A.: Company Snapshot
Figure 64 Federal-Mogul Holdings Corp.: Company Snapshot
Figure 65 Haldex AB: Company Snapshot
Figure 66 Knorr-Bremse AG: Company Snapshot
Figure 67 Nissin Kogyo Co. Ltd.: Company Snapshot

The automotive sector holds majority of the share in the automotive and transportation industry. The brake system market for automotive, by type, is projected to reach USD 29.4 billion by 2020. The disc brakes segment is estimated to account for the largest share in the brake system market for automotive. This growth can be attributed to better efficiency and performance offered by disc brakes, when compared to drum brakes. However, the drum brakes segment still dominates the commercial vehicle segment.

The electronically assisted brake (EAB) systems have gained more popularity with the introduction of stringent safety regulations. The technologies such as ABS and ESC, have been mandated in majority of the Western countries, and are expected to be regulated in developing countries such as India, China, and Brazil in next few years. This has boosted the demand for these technologies and the market size by value for these technologies is projected to grow at a CAGR of 9.36% during the forecast period.

The global brake system market, in terms of value, is projected to reach USD 29.4 Billion in 2020, at a CAGR of 6.90% from 2015 to 2020.

Technological advancements have revolutionized the braking system in various transportation industries. The introduction of electronic braking system in automotive sector as well as locomotive & rolling stock has brought about great change in the industry. The electro-pneumatic braking system market is projected to grow rapidly from 2015 to 2020 to acquire majority of the share by 2020.

The global brake system market for off-highway vehicles is projected to grow at a CAGR of 6.28% during the forecast period. Asia-Oceania is estimated to hold majority of the shares in the brake system market for off-highway vehicles. Increased activities in primary sectors of an economy such as mining and agriculture, and secondary sectors such as infrastructure development, have led to a growing demand for off-highway vehicles.

Some of the key global brake system manufacturers include ZF TRW Automotive Holdings Corp. (U.S.), Continental AG (Germany), Aisin Seiki Co. Ltd. (Japan), Knorr-Bremse (Germany), and Akebono Brake Industry Co. Ltd. (Japan). These companies comprise the largest share of the brake market.

This report covers the market for brake system categorized on the basis of application (PC, LCV, HCV, off-highway, wagon, locomotive, and RTV), type (disc and drum), technology (ABS, TCS, ESC, and EBD), rolling stock & locomotive (air, EP, ECP, and others), and region (Asia-Oceania, Europe, North America, and the rest of the world).

Brake System Market

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