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Global Air Brake System Market Analysis 2017-2018 and Forecast to 2026 - ResearchAndMarkets.com

May 15, 2019

DUBLIN--(BUSINESS WIRE)--May 15, 2019--

The “Air Brake System - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.

According to this report, the Global Air Brake System market accounted for $3.96 billion in 2017 and is expected to reach $6.23 billion by 2026 growing at a CAGR of 5.2% during the forecast period.

Growing population around the globe, increasing demand for heavy-duty trucks, rising number of railways and high growth in urbanization are some of the key factors fuelling the market growth. However, factors such as high cost and rising focus on electric trucks and buses are hindering the growth of the market.

By component, storage tank segment is expected to have a significant growth during the forecast period. Air storage tanks are used to hold compressed air. The number and size of air tanks varies among vehicles. The tanks hold enough air to allow the brakes to be used several times, even if the compressor stops working.

Based on geography, Asia Pacific holds the largest market share during the forecast period owing to rising population and urbanization and consumers shifting focus towards vehicle safety.

What the report offers:

Key Topics Covered

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.5 Research Sources

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 Emerging Markets

3.8 Futuristic Market Scenario

4 Porters Five Force Analysis

5 Global Air Brake System Market, By Component

5.1 Introduction

5.2 Air Dryer

5.3 Brake Chamber

5.4 Compressor

5.5 Foot Valve

5.6 Governor

5.7 Slake Adjuster

5.8 Storage Tank

6 Global Air Brake System Market, By Brake Type

6.1 Introduction

6.2 Air Disc Brake

6.3 Air Drum Brake

7 Global Air Brake System Market, By Application

7.1 Introduction

7.2 Heavy Commercial Vehicles (HCVs)

7.3 Light Commercial Vehicles (LCVs)

7.4 Passenger Cars

8 Global Air Brake System Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia-Pacific

8.5 South America

8.6 Middle East & Africa

9 Key Developments

9.1 Agreements, Partnerships, Collaborations and Joint Ventures

9.2 Acquisitions & Mergers

9.3 New Product Launch

9.4 Expansions

9.5 Other Key Strategies

10 Company Profiling

10.1 Aventics

10.2 Federal-Mogul

10.3 Fort Garry Industries

10.4 Fritec

10.5 Haldex

10.6 Knorr-Bremse

10.7 Kongsberg

10.8 Mahle Aftermarket

10.9 Meritor

10.10 Nabtesco

10.11 Sealco

10.12 Silverbackhd

10.13 Sorl Auto Parts

10.14 TSE Brakes

10.15 Wabco

10.16 Wabtec

10.17 ZF

10.18 Tata Autocomp

10.19 MEI Brakes

For more information about this report visit https://www.researchandmarkets.com/r/odg9pv

View source version on businesswire.com:https://www.businesswire.com/news/home/20190515005680/en/

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Related Topics:Brake Systems and Components

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/15/2019 11:24 AM/DISC: 05/15/2019 11:24 AM

http://www.businesswire.com/news/home/20190515005680/en

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