The technologies in automotive brake have undergone significant change in recent years, with wooden block brakes to anti-lock braking systems. The rising wave of new technologies, such as electric driven intelligent brake, anti-lock braking system (ABS), traction control system (TCS), electronic stability control (ESC), and electronic brake-force distribution (EBD) are creating significant potential for automotive brake in various vehicle platforms due to high heat dissipation, durability, and safety.
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In automotive brake market, various technologies, such as anti-lock braking system (ABS), traction control system (TCS), electronic stability control (ESC), and electronic brake-force distribution (EBD) are used in passenger cars, light commercial vehicle, heavy commercial vehicle, and two-wheeler motor vehicles. Increasing governmental regulations for improving the vehicle safety, increase vehicle production, high aftermarket replacement rate, and acquisition activities among the key players are creating opportunities for various automotive brake technologies.
Lucintel, a leading global Management Consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in the automotive brake market, and it has now published a comprehensive research report titled “Technology Landscape, Trends and Opportunities in the Global Automotive Brake Market 2019-2024”. This report analyzes technology maturity, degree of disruption, competitive intensity, market potential and other parameters of various technologies in automotive brake market.
Lucintel study finds that automotive brake technology is forecast to grow at a CAGR of 4% from 2019 to 2024. Traction Control System (TCS) is growing at above average growth. Abs Friction, Advics, Akebono, Continental, Delphi, Dongying Xinyi, Federal-Mogul Motorparts, and Fras Le are among the major players in the automotive brake market.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global automotive brake technology by application, technology, and region as follows:
Technology Readiness by Technology Type
Competitive Intensity and Regulatory Compliance
Disruption Potential by Technology Type
Trends and Forecasts by Technology Type [$M shipment analysis from 2013 to 2024]:
Anti-Lock Braking System (ABS)
Traction Control System (TCS)
Electronic Stability Control (ESC)
Electronic Brake-Force Distribution (EBD)
Technology Trends and Forecasts by Application [$M shipment analysis from 2013 to 2024]:
Passenger Car Vehicles
Anti-Lock Braking System (ABS)
Traction Control System (TCS)
Electronic Stability Control (ESC)
Electronic Brake-Force Distribution (EBD)
Light Commercial Vehicles
Anti-Lock Braking System (ABS)
Traction Control System (TCS)
Electronic Stability Control (ESC)
Electronic Brake-Force Distribution (EBD)
Heavy Commercial Vehicles
Anti-Lock Braking System (ABS)
Traction Control System (TCS)
Electronic Stability Control (ESC)
Electronic Brake-Force Distribution (EBD)
Two-Wheeler Motor Vehicles
Anti-Lock Braking System (ABS)
Traction Control System (TCS)
Electronic Stability Control (ESC)
Electronic Brake-Force Distribution (EBD)
Technology Trends and Forecasts by Region [$M shipment analysis for 2013 to 2024]:
North America
United States
Canada
Mexico
Europe
United Kingdom
Germany
France
Asia Pacific
Japan
China
South Korea
India
The Rest of the World
Latest Developments and Innovations in the Automotive Brake Technologies
Companies / Ecosystems
Strategic Opportunities by Technology Type
This more than 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/technology-automotive-brake-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.