Technology Landscape, Trends and Opportunities in the Global Automotive Brake Market

Technology Landscape, Trends and Opportunities in the Global Automotive Brake Market

The technologies in the automotive brake have undergone significant changes in recent years, from conventional brakes to electronic brake system technologies. The rising wave of new technologies, such as electronic stability control coupled with anti lock braking system and traction control systems are creating significant potential for automotive brake in various applications due to the growing demand for safety systems to avoid accidents and increasing automotive production.

In the automotive brake market, various technologies, such as anti-lock braking system (ABS), traction control system (TCS), and electronic stability control (ESC) are used in passenger cars, light commercial vehicle, heavy commercial vehicle, and two-wheeler applications. Increasing demand for road safety regulations, technological advancement in brake systems, and increase in automotive production are creating new opportunities for automotive brake technologies.

This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the automotive brake market. Some insights are depicted below by a sample figure. For more details on figures, the companies researched, and other objectives/benefits on this research report, please download the report brochure.

The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global automotive brake by application, technology, and region as follows:

Technology Readiness by Technology

Competitive Intensity and Regulatory Compliance

Disruption Potential by Technology

Trends and Forecasts by Technology Type [Value ($M) shipment analysis from 2018 to 2030]:

• Anti-Lock Braking System
• Traction Control System
• Electronic Stability Control
• Others

Trends and Forecasts by Application [Value ($M) shipment analysis from 2018 to 2030]:

• Passenger Cars
• Anti-Lock Braking System (ABS)
• Traction Control System (TCS)
• Electronic Stability Control (ESC)
• Others
• Light Commercial Vehicle
• Anti-Lock Braking System (ABS)
• Traction Control System (TCS)
• Electronic Stability Control (ESC)
• Others
• Heavy Commercial Vehicle
• Anti-Lock Braking System (ABS)
• Traction Control System (TCS)
• Electronic Stability Control (ESC)
• Others
• Two-Wheeler Motor Vehicles
• Anti-Lock Braking System (ABS)
• Traction Control System (TCS)
• Electronic Stability Control (ESC)
• Others

Trend and Forecast by Region [Value ($M) shipment analysis for 2018 – 2030]:

• North America
• United States
• Canada
• Mexico
• Europe
• Germany
• France
• United Kingdom
• Asia Pacific
• China
• Japan
• India
• South Korea
• The Rest of the World

Latest Developments and Innovations in the Automotive Brake Technologies

Companies / Ecosystems

Strategic Opportunities by Technology Type

Emerging technology trends, which have a direct impact on the dynamics of the industry, include integration of different technologies in one system and brake-by-wire systems.Some of the automotive Brake companies profiled in this report includes Continental AG, Robert Bosch GmbH, Advics Co. LTD, Mando, ZF Friedrichshafen, and Akebono.

The Lucintel study finds that the total market size of the automotive brake market is anticipated to be $29.6 billion in 2030 and is forecast to grow at 5.0% during next five years. Electronic stability control technology is the largest segment of the automotive brake market, due to mandatory regulations in many countries for adopting ESC in all the vehicles and its affordability that makes it more usable.

This report answers following 9 key questions:

Q.1 What are some of the most promising and high-growth technology opportunities for the automotive brake market?

Q.2 Which technology will grow at a faster pace and why?

Q.3 What are the key factors affecting dynamics of different technologies? What are the drivers and challenges of these technologies in automotive brake market?

Q.4 What are the levels of technology readiness, competitive intensity and regulatory compliance in this technology space?

Q.5 What are the business risks and threats to these technologies in automotive brake market?

Q.6 What are the latest developments in automotive brake technologies? Which companies are leading these developments?

Q.7 Which technologies have potential of disruption in this market?

Q.8 Who are the major players in this automotive brake market? What strategic initiatives are being implemented by key players for business growth?

Q.9 What are strategic growth opportunities in this automotive brake technology space?

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