Global Air Brake System Market Growth 2025-2031

Global Air Brake System Market Growth 2025-2031

The global Air Brake System market size is predicted to grow from US$ 4181 million in 2025 to US$ 4672 million in 2031; it is expected to grow at a CAGR of 1.9% from 2025 to 2031.

Air brake system is a type of friction brake for vehicles in which compressed air pressing on a piston is used to apply the pressure to the brake pad needed to stop the vehicle. Air brakes are used in large heavy vehicles, particularly those having multiple trailers which must be linked into the brake system, such as trucks, buses, trailers, and semi-trailers.

Global air brake system main players include Knorr-Bremse, Wabco, Haldex, Nabtesco-Automotive, Sorl Auto Parts, Aventics (Emerson), Tenneco (Federal-Mogul), MGM Brakes, Sealco, TSE Brakes, Fritec, etc., totally accounting for about 62%. Asia-Pacific is the largest market, with a share over 56%. As for the types of products, it can be divided into air disc brake and air drum brake. Air disc brake is the largest segment, holding a share over 79%. In terms of application, it can be divided into heavy trucks and trailers, buses and others. Heavy trucks and trailers is the largest segment, with a share over 63%.

LP Information, Inc. (LPI) ' newest research report, the “Air Brake System Industry Forecast” looks at past sales and reviews total world Air Brake System sales in 2024, providing a comprehensive analysis by region and market sector of projected Air Brake System sales for 2025 through 2031. With Air Brake System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air Brake System industry.

This Insight Report provides a comprehensive analysis of the global Air Brake System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Air Brake System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Air Brake System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air Brake System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Air Brake System.

This report presents a comprehensive overview, market shares, and growth opportunities of Air Brake System market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Air Disc Brake
Air Drum Brake

Segmentation by Application:
Heavy Trucks and Trailers
Buses
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Knorr-Bremse
Wabco
Haldex
Nabtesco-Automotive
Sorl Auto Parts
Aventics (Emerson)
Tenneco (Federal-Mogul)
MGM Brakes
Sealco
TSE Brakes
Fritec

Key Questions Addressed in this Report

What is the 10-year outlook for the global Air Brake System market?

What factors are driving Air Brake System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Air Brake System market opportunities vary by end market size?

How does Air Brake System break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.