Global Brake System Market Growth 2025-2031

The global Brake System market size is predicted to grow from US$ 12670 million in 2025 to US$ 15220 million in 2031; it is expected to grow at a CAGR of 3.1% from 2025 to 2031.

A typical automotive brake system or braking system comprises of a brake device having different components, which are used for slowing or stopping down a vehicle. More precisely, these devices decrease or stop the speed of a moving or rotating body by absorbing kinetic energy mechanically or electrically.

Knorr-Bremse, Wabco, Haldex, Nabtesco-Automotive and Sorl Auto Parts are the leaders of the Brake System industry, which take about 60% market share.Asia-Pacific is the major region of the global market, which takes about 57% market share.

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

This Insight Report provides a comprehensive analysis of the global 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 Brake System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Brake System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Brake System.

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

Segmentation by Type:
Disc Brakes
Drum Brakes

Segmentation by Application:
Passenger Vehicle
Commercial Vehicle

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.
ZF
Aisin
Akebono Brake Industry
CBI
Continental
Nissin Kogyo
Mando
APG
Knorr-Bremse
Wabco
XinYi
Shandong Aoyou

Key Questions Addressed in this Report

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

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

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

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

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

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