Automotive Brake System Market

Automotive Brake System Industry - Forthcoming Trends to Fuel the Global Growth

The automotive brake system market is estimated to grow from USD 23.5 billion in 2023 to USD 30.1 billion by 2028, at a CAGR of 5.1% during the forecast period. The base year for the report is 2022, and the forecast period is 2023 to 2028. The market is expected to witness rapid growth with the implementation of safety standards in developing countries, particularly China, India, Brazil, etc. Also, the popularity of disc brakes over drum brakes due to their technical benefits drives the automotive brake system market. Further, the growing implementation of country-wise new car assessment programs is anticipated to drive safety features such as electronic braking systems. Lastly, growing sales of premium and luxury vehicles are boosting the electronic braking system market.

The automotive brake system industry is undergoing rapid evolution, driven by emerging trends and global forecasts.

Emerging trends in the global Automotive Brake System Market are:

  • Electrification of Brake Systems
  • Advanced Driver Assistance Systems (ADAS)
  • Brake-by-Wire Technology
  • Regenerative Braking
  • Lightweight Brake Components
  • Integration of Brake System with Vehicle Dynamics Control
  • Brake Health Monitoring and Predictive Maintenance
  • Electro-Hydraulic Braking Systems (EHBS)
  • Brake-by-Fiber Technology

These emerging trends reflect the ongoing evolution of automotive brake systems to meet the evolving demands of vehicle electrification, safety, performance, and sustainability in the automotive industry.

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  1. Electrification of Brake Systems: The automotive industry is witnessing a shift towards electrification, including brake systems. Electric brake systems, such as brake-by-wire and regenerative braking systems, are gaining traction due to their potential for improved efficiency, responsiveness, and integration with vehicle electrification architectures.  
  2. Advanced Driver Assistance Systems (ADAS): The integration of ADAS technologies, such as autonomous emergency braking (AEB), adaptive cruise control (ACC), and collision avoidance systems, is driving demand for more sophisticated brake systems with enhanced sensing, computing, and actuation capabilities to enable rapid response and improve vehicle safety.
  3. Brake-by-Wire Technology: Brake-by-wire systems replace traditional mechanical linkages with electronic controls for brake actuation, allowing for more precise modulation of braking forces and enabling advanced features such as brake blending (regenerative and friction braking) and brake energy recuperation.
  4. Regenerative Braking: Regenerative braking systems harness kinetic energy during deceleration and convert it into electrical energy to recharge the vehicle's battery. With the growing emphasis on energy efficiency and sustainability, regenerative braking systems are becoming increasingly common in hybrid and electric vehicles, contributing to extended driving ranges and reduced fuel consumption.
  5. Lightweight Brake Components: Automotive manufacturers are focusing on reducing vehicle weight to improve fuel efficiency and reduce emissions. Lightweight brake components, such as aluminum calipers, carbon-ceramic brake discs, and composite materials for brake pads, are gaining popularity as they offer significant weight savings without compromising braking performance.
  6. Integration of Brake System with Vehicle Dynamics Control: Integrated brake systems that work in conjunction with vehicle stability control and traction control systems are becoming more prevalent. These systems enhance vehicle stability, handling, and safety by optimizing brake force distribution, reducing stopping distances, and mitigating skidding and loss of traction in various driving conditions.
  7. Brake Health Monitoring and Predictive Maintenance: Advances in sensor technology and data analytics enable real-time monitoring of brake system performance and condition. Predictive maintenance algorithms analyze brake wear, temperature, and other parameters to forecast component degradation and schedule maintenance proactively, minimizing downtime and ensuring optimal brake performance.
  8. Electro-Hydraulic Braking Systems (EHBS): EHBS combines hydraulic and electric actuation to provide precise brake control and energy efficiency. EHBS offers benefits such as shorter braking distances, improved brake feel, and enhanced compatibility with electrified drivetrains, making it a viable solution for next-generation vehicles.
  9. Brake-by-Fiber Technology: Brake-by-fiber systems, which utilize carbon fiber-reinforced polymer (CFRP) materials for brake discs, offer advantages such as reduced weight, enhanced thermal stability, and improved fade resistance compared to traditional steel brake discs. As CFRP technology matures and becomes more cost-effective, brake-by-fiber systems are expected to see wider adoption in performance-oriented vehicles.

Related Reports:

Automotive Brake System Market by Type (Disc, Drum), Technology (ABS, ESC, TCS, EBD, AEB), OHV Brakes (Hydraulic Wet, Hydrostatic, Dynamic), On & Off-Highway Vehicles & Electric Vehicles, Component, Actuation and Region - Global Forecast to 2028

Automotive Brake System Market Size,  Share & Growth Report
Report Code
AT 3016
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