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Automotive Brake System Market Worth $31,662.82 Million by 2019


News provided by

MarketsandMarkets

16 Dec, 2014, 08:30 GMT

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DALLAS, December 16, 2014 /PRNewswire/ --

The report "Automotive Brake System Market by Vehicle Type (Passenger car, LCV, & HCV), Brake Type (Disc & Drum), EBS Market by Technology (ABS, TCS & ESC), Region and Two Wheeler Brakes - Global Industry Trends & Forecast to 2019", published by MarketsandMarkets, classifies and defines the Automotive Brake System Market in terms of value and volume. The report highlights potential growth opportunities for the Automotive Brake System Market in the forthcoming years, and also includes a review of market drivers, restraints, opportunities, challenges, competitive landscape, and other key aspects related to the Automotive Brake System Market.

Browse 77 market data tables and 79 figures spread through 220 pages and in-depth TOC on "Automotive Brake System Market - Global Industry Trends & Forecast to 2019".  

http://www.marketsandmarkets.com/Market-Reports/automotive-brake-system-market-1070.html

Early buyers will receive 10% customization on this report. 

Asia-Oceania: Largest Market for Automotive Brakes 

The key countries in the Asia-Oceania region include China, Japan, India, and South Korea. This region is estimated to be the largest market for Automotive Brakes as it accounts for the largest share of passenger cars as well as commercial vehicles, with gradual increase in demand for the same. According to the study, Asia-Oceania is projected to hold the largest share-approximately 51%-of the brake system market in 2019. China is likely to be the major revenue contributor in this region. Key players such as TRW Automotive Holdings Corp. (U.S.), Continental AG (Germany), Aisin-Seiki Co. Ltd. (Japan), Akebono Brake Industry Co. Ltd. (Japan), Halla Mando Corp. (South Korea) has their presence in this region.

Electronically Assisted Brakes: Enhanced Vehicle Safety 

Electronically assisted brake technologies such as ABS, TCS, nad ESP work in conjunction with the conventional brake systems in order to provide assistance and to ensure better braking, control, and in some cases, proactively help in avoiding collisions and accidents. The various advancements in vehicle technologies, coupled with norms and regulations have led to the advent of these technologies. The market for electronically assisted brakes is estimated to show promising growth. Vehicle manufacturers are considering the integrating this technologies in their vehicle fleets including entry level models, in order to increase safety and to adhere to vehicle and occupant safety regulations.

Further Inquiry @http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1070

This report illustrates the Automotive Brake System Market in terms of both volume and value. The market size in terms of value from 2012 to 2019 is provided in terms of USD million ($Million), whereas the market size in terms of volume from 2012 to 2019 is provided in terms of thousand units ('000 Units). With focus on the key countries, the report is broadly classified into region (Asia-Oceania, Europe, North America and ROW), by vehicle type (Passenger car, LCV, HCV), by type of brake (disk & drum). The market for electronic breaking system is segmented by technology type (ABS, TCS, ESP). The report provides a comprehensive review of market drivers, restraints, opportunities, challenges, and other related aspects in the automotive brake system market. It also classifies and defines the automotive brake system market in terms of value, providing qualitative as well as quantitative insights into automotive brake systems. The key players in the market identified and profiled in this report are TRW Automotive Holdings Corp. (U.S.), Continental AG (Germany), Aisin-Seiki Co. Ltd. (Japan), Akebono Brake Industry Co. Ltd. (Japan), Halla Mando Corp. (South Korea).

Browse related reports 

Passenger Car Sensors Market by Application (Powertrain/Drivetrain, Exhaust, Interior/Comfort, DAS, & Body Control), by Sensor Type (Pressure, Temperature, Speed, O2/NOx, Position, & Others) & by Geography - Trends & Forecast to 2019

http://www.marketsandmarkets.com/Market-Reports/passenger-car-sensors-market-88664120.html

Anti-Lock Braking System (ABS) and Electronic Stability Control (ESC) System Market For Passenger Cars - by Geography - Trends and Forecasts 2014 - 2019

http://www.marketsandmarkets.com/Market-Reports/anti-lock-braking-electronic-stability-control-system-market-190401943.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact: 

Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/automotive-transportation

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