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The heavy-duty vehicle braking system market is forecasted to grow by USD 2108.11 mn during 2023-2028, accelerating at a CAGR of 4.64% during the forecast period. The report on the heavy-duty vehicle braking system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for heavy-duty vehicles in India and Eastern Europe, accelerating demand for high-quality braking systems due to brake awareness programs, and growing need for mandatory safety solutions for heavy-duty vehicles.
The heavy-duty vehicle braking system market is segmented as below:
By Application
- Trucks
- Buses
- Others
By Type
- Class 8
- Class 7
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the heavy-duty vehicle braking system market covers the following areas:
- Heavy-duty vehicle braking system market sizing
- Heavy-duty vehicle braking system market forecast
- Heavy-duty vehicle braking system market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global heavy-duty vehicle braking system market: A.W.D. Dwight and Son Engineers Ltd., Akebono Brake Industry Co. Ltd., Baer Inc., BorgWarner Inc., Brembo Spa, Carlisle Companies Inc., Cojali S.L. A, Continental Automotive GmbH, Cummins Inc., Haldex AB, Hitachi Ltd., Hyundai Mobis Co. Ltd., Knorr Bremse AG, Nabtesco Corp., Nisshinbo Holdings Inc., Porsche Automobil Holding SE, Robert Bosch GmbH, TE Connectivity Ltd., Tenneco Inc., and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing popularity of lightweight braking systems.'
According to the report, one of the major drivers for this market is the increasing demand for heavy-duty vehicles in India and Eastern Europe.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A.W.D. Dwight and Son Engineers Ltd.
- Akebono Brake Industry Co. Ltd.
- Baer Inc.
- BorgWarner Inc.
- Brembo Spa
- Carlisle Companies Inc.
- Cojali S.L. A
- Continental Automotive GmbH
- Cummins Inc.
- Haldex AB
- Hitachi Ltd.
- Hyundai Mobis Co. Ltd.
- Knorr Bremse AG
- Nabtesco Corp.
- Nisshinbo Holdings Inc.
- Porsche Automobil Holding SE
- Robert Bosch GmbH
- TE Connectivity Ltd.
- Tenneco Inc.
- ZF Friedrichshafen AG
