Global Automotive Braking Systems Market helps to identify uncertainties that may arise as a result of changes in business activity or new product marketing. It helps firms take decisive action to address niche market threats. This report on market research provides comprehensive information on target markets or customers. It also takes into account both qualitative and quantitative techniques of market analysis.Global Automotive Braking Systems Market report highlights important trends and dynamics in market growth, including limitations, drivers and opportunities. A number of research tools were used to provide accurate understanding of this market, such as the five-force analysis by Porter and the SWOT analysis. The report provides information on the technological progress that will or will occur in the years to come.
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This market report covers strategic profiling of key market players, analyzing their core competencies comprehensively, and drawing a competitive market landscape. The Global Automotive Braking Systems Market industry data and information are taken from reliable sources such as websites, company annual reports, newspapers, and others, and the market experts have checked and validated them.
Market Analysis: Global Automotive Braking Systems Market
Global Automotive Braking Systems Market is expected to rise from its initial estimated value of USD 20.92 billion in 2018 to an estimated value of USD 32.91 billion by 2026, registering a CAGR of 5.83% in the forecast period of 2019-2026.
Increasing demand of the electronic component is the major factor for the growth of this market.
Key Market Competitors:
Few of the major competitors currently working in the automotive braking systems are-Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Autoliv Inc., AISIN SEIKI Co., Ltd., Mando Corp., Delphi Technologies, WABCO, Nissin Kogyo Co. Ltd., Haldex, AKEBONO BRAKE INDUSTRY CO., LTD, DENSO CORPORATION, Knorr-Bremse AG.
Market Definition: Global Automotive Braking Systems Market
Automotive braking system is a technology which is used to prevent high-speed collisions by combining sensors and brake. They are designed to reduce the speed of the vehicles. Every manufacturer has their own braking system technology; some uses lasers, radars and even video data. The automotive braking system is a combination of forward collision warning; forward collision mitigation, forward collision avoidance; emergency brake assistance and anti- lock brakes.
Segmentation: Global Automotive Braking Systems Market
By Product Type
Low Speed Automatic Braking System
High Speed Automatic Braking System
Pedestrian Automatic Braking System
Dynamic Brake Support
Crash Imminent Braking
By Vehicle Class
Light Commercial Vehicle
Heavy Commercial Vehicle
Middle East & Africa
Key Developments in the Market:
In February 2019, Yamaha motors have equipped their bikes like YZF- R15, FZ- FI and FZS- FI with antilock braking system (ABS). They will also provide maintenance free battery and unified braking system.
In May 2018, Transport for London published a notice for the installation of new safety system on the London Tram’s Network. The aim is to limit the speed at high risk locations.
Table of Contents:
Chapter 1: Study Coverage
Chapter 2: Executive Summary
Chapter 3: Market Size-by Manufacturers
Chapter 4: Production-by Regions
Chapter 5: Consumption-by Regions
Chapter 6: Market Size-by Type
Chapter 7: Market Size-by Application
Chapter 8: Manufacturers Profiles
Chapter 9: Production Forecasts
Chapter 10: Consumption Forecast
Chapter 11: Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12: Opportunities & Challenges, Threat and Affecting Factors
Chapter 13: Key Findings
Chapter 14: Appendix
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Global Automotive Braking Systems Market Analysis:
Global Automotive Braking Systems Market analysis report covers detailed value chain analysis of the Market. The value chain analysis helps to analyze major upstream raw materials, major equipment’s, manufacturing process, and downstream customer analysis and major distributor analysis are mentioned in the report along with all the drivers and restrain for the market. It presents a comparative detailed analysis of the all regional and player segments, offering readers a better knowledge of where areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the market.
Global automotive braking systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive braking systems market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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