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Asia Pacific Brake System Market Size, Share & Industry Trends Analysis Report By Technology, By Actuation, By Brake Type, By Vehicle Type (Passenger Car, Light-commercial Vehicles (LCV), Truck and Bus, By Country and Growth Forecast, 2022 - 2028

Published Date : 31-Aug-2022

Pages: 109

Formats: PDF

The Asia Pacific Brake System Market would witness market growth of 5.3% CAGR during the forecast period (2022-2028).

The common mechanism involved in breaks is the cutting of fuel supply and the motions of gears. In order to halt the fuel supply and increase the engine's ability to drive the vehicle, the acceleration must be released before using the brakes. This causes the wheels to stop rotating, bringing the car to a complete stop. Meanwhile, the clutch is disengaged, which separates the engine from the transmission. As a result, the engine is still operating at idle when the car is standing still.

While the majority of vehicles on the road today have four-wheel disc braking systems, some older cars and trucks still have drum brakes. Drum brakes have a hollow cylinder attached to the axle that rotates with the wheel and is typically used on the back wheels. Instead of pressing on the exterior of a rotor when the brakes are applied, a set of brake shoes makes contact with the interior of the drum. In comparison to disc brakes of the same size, drum brakes can deliver higher braking power.

The biggest markets for brake systems in the Asia Pacific region are China and India. The market for braking systems in China and India is driven by the countries' rising vehicle production rates as well as regulatory adherence to the UN agreement on approval and recognition for motor vehicle equipment and parts. Due to local laws that adhere to the advanced braking system requirements outlined in the US FMVSS105 and European ECE R13-H rules, electronic braking systems are already widely used in Japan and South Korea.

The China market dominated the Asia Pacific Brake System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,891.3 million by 2028. The Japan market is exhibiting a CAGR of 4.6% during (2022 - 2028). Additionally, The India market is poised to grow a CAGR of 5.9% during (2022 - 2028).

Based on Technology, the market is segmented into Antilock Braking Systems (ABS), Electronic Stability Control (ESC), Traction Stability Control (TCS) and Electronic Brakeforce Distribution (EBD) & Others. Based on Actuation, the market is segmented into Hydraulic and Pneumatic. Based on Brake Type, the market is segmented into Disc and Drum. Based on Vehicle Type, the market is segmented into Passenger Car, Light-commercial Vehicles (LCV), Truck and Bus. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Brake System Market is Projected to reach USD 29 Billion by 2028, at a CAGR of 4.9%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Knorr-Bremse AG, Brembo S.p.A., Continental AG, Hitachi, Ltd. (Hitachi Astemo, Ltd.), Denso Corporation, ZF Friedrichshafen AG, Aisin Corporation, Haldex AB and Mando Corporation (Halla Group).

Scope of the Study

Market Segments Covered in the Report:

By Technology

  • Antilock Braking Systems (ABS)
  • Electronic Stability Control (ESC)
  • Traction Stability Control (TCS)
  • Electronic Brakeforce Distribution (EBD) & Others

By Actuation

  • Hydraulic
  • Pneumatic

By Brake Type

  • Disc
  • Drum

By Vehicle Type

  • Passenger Car
  • Light-commercial Vehicles (LCV)
  • Truck
  • Bus

By Country

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Robert Bosch GmbH
  • Knorr-Bremse AG
  • Brembo S.p.A.
  • Continental AG
  • Hitachi, Ltd. (Hitachi Astemo, Ltd.)
  • Denso Corporation
  • ZF Friedrichshafen AG
  • Aisin Corporation
  • Haldex AB
  • Mando Corporation (Halla Group)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Brake System Market, by Technology
1.4.2 Asia Pacific Brake System Market, by Actuation
1.4.3 Asia Pacific Brake System Market, by Brake Type
1.4.4 Asia Pacific Brake System Market, by Vehicle Type
1.4.5 Asia Pacific Brake System Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Strategies Deployed in Brake System Market

Chapter 4. Asia Pacific Brake System Market by Technology
4.1 Asia Pacific Antilock Braking Systems (ABS) Market by Country
4.2 Asia Pacific Electronic Stability Control (ESC) Market by Country
4.3 Asia Pacific Traction Stability Control (TCS) Market by Country
4.4 Asia Pacific Electronic Brakeforce Distribution (EBD) & Others Market by Country

Chapter 5. Asia Pacific Brake System Market by Actuation
5.1 Asia Pacific Hydraulic Market by Country
5.2 Asia Pacific Pneumatic Market by Country

Chapter 6. Asia Pacific Brake System Market by Brake Type
6.1 Asia Pacific Disc Market by Country
6.2 Asia Pacific Drum Market by Country

Chapter 7. Asia Pacific Brake System Market by Vehicle Type
7.1 Asia Pacific Passenger Car Market by Country
7.2 Asia Pacific Light-commercial Vehicles (LCV) Market by Country
7.3 Asia Pacific Truck Market by Country
7.4 Asia Pacific Bus Market by Country

Chapter 8. Asia Pacific Brake System Market by Country
8.1 China Brake System Market
8.1.1 China Brake System Market by Technology
8.1.2 China Brake System Market by Actuation
8.1.3 China Brake System Market by Brake Type
8.1.4 China Brake System Market by Vehicle Type
8.2 Japan Brake System Market
8.2.1 Japan Brake System Market by Technology
8.2.2 Japan Brake System Market by Actuation
8.2.3 Japan Brake System Market by Brake Type
8.2.4 Japan Brake System Market by Vehicle Type
8.3 India Brake System Market
8.3.1 India Brake System Market by Technology
8.3.2 India Brake System Market by Actuation
8.3.3 India Brake System Market by Brake Type
8.3.4 India Brake System Market by Vehicle Type
8.4 South Korea Brake System Market
8.4.1 South Korea Brake System Market by Technology
8.4.2 South Korea Brake System Market by Actuation
8.4.3 South Korea Brake System Market by Brake Type
8.4.4 South Korea Brake System Market by Vehicle Type
8.5 Australia Brake System Market
8.5.1 Australia Brake System Market by Technology
8.5.2 Australia Brake System Market by Actuation
8.5.3 Australia Brake System Market by Brake Type
8.5.4 Australia Brake System Market by Vehicle Type
8.6 Malaysia Brake System Market
8.6.1 Malaysia Brake System Market by Technology
8.6.2 Malaysia Brake System Market by Actuation
8.6.3 Malaysia Brake System Market by Brake Type
8.6.4 Malaysia Brake System Market by Vehicle Type
8.7 Rest of Asia Pacific Brake System Market
8.7.1 Rest of Asia Pacific Brake System Market by Technology
8.7.2 Rest of Asia Pacific Brake System Market by Actuation
8.7.3 Rest of Asia Pacific Brake System Market by Brake Type
8.7.4 Rest of Asia Pacific Brake System Market by Vehicle Type

Chapter 9. Company Profiles
9.1 Robert Bosch GmbH
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Knorr-Bremse AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.3 Brembo S.p.A.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Product Launches and Product Expansions:
9.3.4.2 Acquisition and Mergers:
9.4 Continental AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Hitachi, Ltd. (Hitachi Astemo, Ltd.)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.6 Denso Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.7 ZF Friedrichshafen AG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Geographical Expansions:
9.8 Aisin Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental Analysis
9.8.4 Research & Development Expenses
9.9 Haldex AB
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Customer Segment and Regional Analysis
9.9.4 Research & Development Expenses
9.10. Mando Corporation (Halla Group)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Brake System Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Brake System Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Antilock Braking Systems (ABS) Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Antilock Braking Systems (ABS) Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Electronic Stability Control (ESC) Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Electronic Stability Control (ESC) Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Traction Stability Control (TCS) Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Traction Stability Control (TCS) Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Electronic Brakeforce Distribution (EBD) & Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Electronic Brakeforce Distribution (EBD) & Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Hydraulic Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Hydraulic Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Pneumatic Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Pneumatic Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Disc Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Disc Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Drum Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Drum Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Passenger Car Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Passenger Car Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Light-commercial Vehicles (LCV) Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Light-commercial Vehicles (LCV) Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Truck Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Truck Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Bus Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Bus Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Brake System Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Brake System Market by Country, 2022 - 2028, USD Million
TABLE 37 China Brake System Market, 2018 - 2021, USD Million
TABLE 38 China Brake System Market, 2022 - 2028, USD Million
TABLE 39 China Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 40 China Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 41 China Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 42 China Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 43 China Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 44 China Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 45 China Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 46 China Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 47 Japan Brake System Market, 2018 - 2021, USD Million
TABLE 48 Japan Brake System Market, 2022 - 2028, USD Million
TABLE 49 Japan Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 50 Japan Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 51 Japan Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 52 Japan Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 53 Japan Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 54 Japan Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 55 Japan Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 56 Japan Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 57 India Brake System Market, 2018 - 2021, USD Million
TABLE 58 India Brake System Market, 2022 - 2028, USD Million
TABLE 59 India Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 60 India Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 61 India Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 62 India Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 63 India Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 64 India Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 65 India Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 66 India Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 67 South Korea Brake System Market, 2018 - 2021, USD Million
TABLE 68 South Korea Brake System Market, 2022 - 2028, USD Million
TABLE 69 South Korea Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 70 South Korea Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 71 South Korea Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 72 South Korea Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 73 South Korea Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 74 South Korea Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 75 South Korea Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 76 South Korea Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 77 Australia Brake System Market, 2018 - 2021, USD Million
TABLE 78 Australia Brake System Market, 2022 - 2028, USD Million
TABLE 79 Australia Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 80 Australia Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 81 Australia Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 82 Australia Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 83 Australia Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 84 Australia Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 85 Australia Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 86 Australia Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 87 Malaysia Brake System Market, 2018 - 2021, USD Million
TABLE 88 Malaysia Brake System Market, 2022 - 2028, USD Million
TABLE 89 Malaysia Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 90 Malaysia Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 91 Malaysia Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 92 Malaysia Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 93 Malaysia Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 94 Malaysia Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 95 Malaysia Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 96 Malaysia Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 97 Rest of Asia Pacific Brake System Market, 2018 - 2021, USD Million
TABLE 98 Rest of Asia Pacific Brake System Market, 2022 - 2028, USD Million
TABLE 99 Rest of Asia Pacific Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 100 Rest of Asia Pacific Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 101 Rest of Asia Pacific Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 102 Rest of Asia Pacific Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 103 Rest of Asia Pacific Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 104 Rest of Asia Pacific Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 105 Rest of Asia Pacific Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 106 Rest of Asia Pacific Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 107 key information – Robert Bosch GmbH
TABLE 108 Key Information – Knorr-Bremse AG
TABLE 109 Key Information – Brembo S.p.A.
TABLE 110 Key Information – Continental AG
TABLE 111 Key Information – Hitachi, Ltd.
TABLE 112 key information – Denso Corporation
TABLE 113 Key Information – ZF Friedrichshafen AG
TABLE 114 Key Information – Aisin Corporation
TABLE 115 Key Information – Haldex AB
TABLE 116 Key Information – Mando Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Robert bosch gmbh
FIG 3 Recent strategies and developments: Knorr-Bremse AG
FIG 4 Recent strategies and developments: Brembo S.p.A
FIG 5 SWOT Analysis: Continental AG

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