Air Brake System - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Air Brake System Market is accounted for $3.96 billion in 2017 and is expected to reach $6.23 billion by 2026 growing at a CAGR of 5.2% during the forecast period. Growing population around the globe, increasing demand for heavy-duty trucks, rising number of railways and high growth in urbanization are some of the key factors fuelling the market growth. However, factors such as high cost and rising focus on electric trucks and buses are hindering the market growth.
Air brake systems are classically used on heavy vehicles such as trucks and buses. The air compressor is driven by the machine either by crankshaft crane via a belt or straight from the engine timing gears. The supply structure compresses, stores and provisions high-pressure air to the control structure as well as to additional air operated supplementary truck systems. The supply of air is limitless, so the brake system can never run out of its functioning fluid, as hydraulic brakes can.
By component, storage tank segment is expected to have a significant growth during the forecast period. Air storage tanks are used to hold compressed air. The number and size of air tanks varies among vehicles. The tanks hold enough air to allow the brakes to be used several times, even if the compressor stops working. Based on geography, Asia Pacific holds the largest market share during the forecast period owning to rising population and urbanization and consumers shifting focus towards vehicle safety.
Some of the key players profiled in the Air Brake System Market include Aventics, Federal-Mogul, Fort Garry Industries, Fritec, Haldex, Knorr-Bremse, Kongsberg, Mahle Aftermarket, Meritor, Nabtesco, Sealco, Silverbackhd, Sorl Auto Parts, TSE Brakes, Wabco, Wabtec, ZF, Tata Autocomp and MEI Brakes.
Components Covered:
• Air Dryer
• Brake Chamber
• Compressor
• Foot Valve
• Governor
• Slake Adjuster
• Storage Tank
Brake Types Covered:
• Air Disc Brake
• Air Drum Brake
Applications Covered:
• Heavy Commercial Vehicles (HCVs)
• Light Commercial Vehicles (LCVs)
• Passenger Cars
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Air Brake System Market, By Component
5.1 Introduction
5.2 Air Dryer
5.3 Brake Chamber
5.4 Compressor
5.5 Foot Valve
5.6 Governor
5.7 Slake Adjuster
5.8 Storage Tank
6 Global Air Brake System Market, By Brake Type
6.1 Introduction
6.2 Air Disc Brake
6.3 Air Drum Brake
7 Global Air Brake System Market, By Application
7.1 Introduction
7.2 Heavy Commercial Vehicles (HCVs)
7.3 Light Commercial Vehicles (LCVs)
7.4 Passenger Cars
8 Global Air Brake System Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Aventics
10.2 Federal-Mogul
10.3 Fort Garry Industries
10.4 Fritec
10.5 Haldex
10.6 Knorr-Bremse
10.7 Kongsberg
10.8 Mahle Aftermarket
10.9 Meritor
10.10 Nabtesco
10.11 Sealco
10.12 Silverbackhd
10.13 Sorl Auto Parts
10.14 TSE Brakes
10.15 Wabco
10.16 Wabtec
10.17 ZF
10.18 Tata Autocomp
10.19 MEI Brakes
List of Tables
1 Global Air Brake System Market Outlook, By Region (2016-2026) (US $MN)
2 Global Air Brake System Market Outlook, By Component (2016-2026) (US $MN)
3 Global Air Brake System Market Outlook, By Air Dryer (2016-2026) (US $MN)
4 Global Air Brake System Market Outlook, By Brake Chamber (2016-2026) (US $MN)
5 Global Air Brake System Market Outlook, By Compressor (2016-2026) (US $MN)
6 Global Air Brake System Market Outlook, By Foot Valve (2016-2026) (US $MN)
7 Global Air Brake System Market Outlook, By Governor (2016-2026) (US $MN)
8 Global Air Brake System Market Outlook, By Slake Adjuster (2016-2026) (US $MN)
9 Global Air Brake System Market Outlook, By Storage Tank (2016-2026) (US $MN)
10 Global Air Brake System Market Outlook, By Brake Type (2016-2026) (US $MN)
11 Global Air Brake System Market Outlook, By Air Disc Brake (2016-2026) (US $MN)
12 Global Air Brake System Market Outlook, By Air Drum Brake (2016-2026) (US $MN)
13 Global Air Brake System Market Outlook, By Application (2016-2026) (US $MN)
14 Global Air Brake System Market Outlook, By Heavy Commercial Vehicles (HCVs) (2016-2026) (US $MN)
15 Global Air Brake System Market Outlook, By Light Commercial Vehicles (LCVs) (2016-2026) (US $MN)
16 Global Air Brake System Market Outlook, By Passenger Cars (2016-2026) (US $MN)
17 North America Air Brake System Market Outlook, By Country (2016-2026) (US $MN)
18 North America Air Brake System Market Outlook, By Component (2016-2026) (US $MN)
19 North America Air Brake System Market Outlook, By Air Dryer (2016-2026) (US $MN)
20 North America Air Brake System Market Outlook, By Brake Chamber (2016-2026) (US $MN)
21 North America Air Brake System Market Outlook, By Compressor (2016-2026) (US $MN)
22 North America Air Brake System Market Outlook, By Foot Valve (2016-2026) (US $MN)
23 North America Air Brake System Market Outlook, By Governor (2016-2026) (US $MN)
24 North America Air Brake System Market Outlook, By Slake Adjuster (2016-2026) (US $MN)
25 North America Air Brake System Market Outlook, By Storage Tank (2016-2026) (US $MN)
26 North America Air Brake System Market Outlook, By Brake Type (2016-2026) (US $MN)
27 North America Air Brake System Market Outlook, By Air Disc Brake (2016-2026) (US $MN)
28 North America Air Brake System Market Outlook, By Air Drum Brake (2016-2026) (US $MN)
29 North America Air Brake System Market Outlook, By Application (2016-2026) (US $MN)
30 North America Air Brake System Market Outlook, By Heavy Commercial Vehicles (HCVs) (2016-2026) (US $MN)
31 North America Air Brake System Market Outlook, By Light Commercial Vehicles (LCVs) (2016-2026) (US $MN)
32 North America Air Brake System Market Outlook, By Passenger Cars (2016-2026) (US $MN)
33 Europe Air Brake System Market Outlook, By Country (2016-2026) (US $MN)
34 Europe Air Brake System Market Outlook, By Component (2016-2026) (US $MN)
35 Europe Air Brake System Market Outlook, By Air Dryer (2016-2026) (US $MN)
36 Europe Air Brake System Market Outlook, By Brake Chamber (2016-2026) (US $MN)
37 Europe Air Brake System Market Outlook, By Compressor (2016-2026) (US $MN)
38 Europe Air Brake System Market Outlook, By Foot Valve (2016-2026) (US $MN)
39 Europe Air Brake System Market Outlook, By Governor (2016-2026) (US $MN)
40 Europe Air Brake System Market Outlook, By Slake Adjuster (2016-2026) (US $MN)
41 Europe Air Brake System Market Outlook, By Storage Tank (2016-2026) (US $MN)
42 Europe Air Brake System Market Outlook, By Brake Type (2016-2026) (US $MN)
43 Europe Air Brake System Market Outlook, By Air Disc Brake (2016-2026) (US $MN)
44 Europe Air Brake System Market Outlook, By Air Drum Brake (2016-2026) (US $MN)
45 Europe Air Brake System Market Outlook, By Application (2016-2026) (US $MN)
46 Europe Air Brake System Market Outlook, By Heavy Commercial Vehicles (HCVs) (2016-2026) (US $MN)
47 Europe Air Brake System Market Outlook, By Light Commercial Vehicles (LCVs) (2016-2026) (US $MN)
48 Europe Air Brake System Market Outlook, By Passenger Cars (2016-2026) (US $MN)
49 Asia Pacific Air Brake System Market Outlook, By Country (2016-2026) (US $MN)
50 Asia Pacific Air Brake System Market Outlook, By Component (2016-2026) (US $MN)
51 Asia Pacific Air Brake System Market Outlook, By Air Dryer (2016-2026) (US $MN)
52 Asia Pacific Air Brake System Market Outlook, By Brake Chamber (2016-2026) (US $MN)
53 Asia Pacific Air Brake System Market Outlook, By Compressor (2016-2026) (US $MN)
54 Asia Pacific Air Brake System Market Outlook, By Foot Valve (2016-2026) (US $MN)
55 Asia Pacific Air Brake System Market Outlook, By Governor (2016-2026) (US $MN)
56 Asia Pacific Air Brake System Market Outlook, By Slake Adjuster (2016-2026) (US $MN)
57 Asia Pacific Air Brake System Market Outlook, By Storage Tank (2016-2026) (US $MN)
58 Asia Pacific Air Brake System Market Outlook, By Brake Type (2016-2026) (US $MN)
59 Asia Pacific Air Brake System Market Outlook, By Air Disc Brake (2016-2026) (US $MN)
60 Asia Pacific Air Brake System Market Outlook, By Air Drum Brake (2016-2026) (US $MN)
61 Asia Pacific Air Brake System Market Outlook, By Application (2016-2026) (US $MN)
62 Asia Pacific Air Brake System Market Outlook, By Heavy Commercial Vehicles (HCVs) (2016-2026) (US $MN)
63 Asia Pacific Air Brake System Market Outlook, By Light Commercial Vehicles (LCVs) (2016-2026) (US $MN)
64 Asia Pacific Air Brake System Market Outlook, By Passenger Cars (2016-2026) (US $MN)
65 South America Air Brake System Market Outlook, By Country (2016-2026) (US $MN)
66 South America Air Brake System Market Outlook, By Component (2016-2026) (US $MN)
67 South America Air Brake System Market Outlook, By Air Dryer (2016-2026) (US $MN)
68 South America Air Brake System Market Outlook, By Brake Chamber (2016-2026) (US $MN)
69 South America Air Brake System Market Outlook, By Compressor (2016-2026) (US $MN)
70 South America Air Brake System Market Outlook, By Foot Valve (2016-2026) (US $MN)
71 South America Air Brake System Market Outlook, By Governor (2016-2026) (US $MN)
72 South America Air Brake System Market Outlook, By Slake Adjuster (2016-2026) (US $MN)
73 South America Air Brake System Market Outlook, By Storage Tank (2016-2026) (US $MN)
74 South America Air Brake System Market Outlook, By Brake Type (2016-2026) (US $MN)
75 South America Air Brake System Market Outlook, By Air Disc Brake (2016-2026) (US $MN)
76 South America Air Brake System Market Outlook, By Air Drum Brake (2016-2026) (US $MN)
77 South America Air Brake System Market Outlook, By Application (2016-2026) (US $MN)
78 South America Air Brake System Market Outlook, By Heavy Commercial Vehicles (HCVs) (2016-2026) (US $MN)
79 South America Air Brake System Market Outlook, By Light Commercial Vehicles (LCVs) (2016-2026) (US $MN)
80 South America Air Brake System Market Outlook, By Passenger Cars (2016-2026) (US $MN)
81 Middle East & Africa Air Brake System Market Outlook, By Country (2016-2026) (US $MN)
82 Middle East & Africa Air Brake System Market Outlook, By Component (2016-2026) (US $MN)
83 Middle East & Africa Air Brake System Market Outlook, By Air Dryer (2016-2026) (US $MN)
84 Middle East & Africa Air Brake System Market Outlook, By Brake Chamber (2016-2026) (US $MN)
85 Middle East & Africa Air Brake System Market Outlook, By Compressor (2016-2026) (US $MN)
86 Middle East & Africa Air Brake System Market Outlook, By Foot Valve (2016-2026) (US $MN)
87 Middle East & Africa Air Brake System Market Outlook, By Governor (2016-2026) (US $MN)
88 Middle East & Africa Air Brake System Market Outlook, By Slake Adjuster (2016-2026) (US $MN)
89 Middle East & Africa Air Brake System Market Outlook, By Storage Tank (2016-2026) (US $MN)
90 Middle East & Africa Air Brake System Market Outlook, By Brake Type (2016-2026) (US $MN)
91 Middle East & Africa Air Brake System Market Outlook, By Air Disc Brake (2016-2026) (US $MN)
92 Middle East & Africa Air Brake System Market Outlook, By Air Drum Brake (2016-2026) (US $MN)
93 Middle East & Africa Air Brake System Market Outlook, By Application (2016-2026) (US $MN)
94 Middle East & Africa Air Brake System Market Outlook, By Heavy Commercial Vehicles (HCVs) (2016-2026) (US $MN)
95 Middle East & Africa Air Brake System Market Outlook, By Light Commercial Vehicles (LCVs) (2016-2026) (US $MN)
96 Middle East & Africa Air Brake System Market Outlook, By Passenger Cars (2016-2026) (US $MN)
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