Global Automotive Brake System Market Size & Value Forecast with Trends to 2030


The Global Automotive Brake System Market size was valued at USD 23.25 billion in 2023 and is estimated to grow at a CAGR of around 6.1% during the forecast period, i.e., 2024-30.

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Global Automotive Brake System Market Research Report – 2025 Outlook, Trends, Share, Size Forecast

MarkNtel Advisors has released an in-depth report on the Global Automotive Brake System Market, offering critical insights into the market's size, growth, trend, projections, and emerging dynamics. This report delivers a comprehensive analysis of growth opportunities, competitive landscape, technological developments, and evolving consumer demands—equipping industry stakeholders with the data necessary to make informed decisions.

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Global Automotive Brake System Market Driver:

Increasing Adoption of ABS by Automotive Manufacturers to Amplify Market Growth – Road Accidents are common in several regions and these accidents are one of the leading causes of deaths across the globe. Based on a survey by the World Health Organization (WHO), every year more than 1 million individuals die due to road accidents. These accidents are majorly caused by overspeeding vehicle component failure. Therefore, it has become of utmost importance for individuals to look for vehicles that ensure safety. As a result, several automotive manufacturers are increasingly adopting automotive brake systems since these barking systems provide better performance than conventional brakes. In addition, these accidents impact the individuals economically emotionally. Therefore, the governing authorities are encouraging automotive manufacturers to adopt technologically advanced systems that ensure the safety of individuals. Therefore, the automakers are increasingly incorporating these advanced brakes within their vehicles, enhancing the Global Automotive Brake System market.

In addition, the awareness among consumers regarding their own safety is also generating the demand for vehicles equipped with these advanced systems. Therefore, to cater to this growing demand, automakers would continue to install these brakes into their newly launched existing vehicle modes, uplifting the Global Automotive Brake System market in foreseen years as well.

Leading Companies and Competitive Landscape of Global Automotive Brake System Market

The competitive landscape of the Global Automotive Brake System Market is shaped by both top giants and emerging players. These companies are actively involved in product launches, mergers acquisitions, and geographical expansions to support their market presence.

Key Market Players Include:

  • Continental Ag
  • Robert Bosch Gmbh
  • Zf Friedrichshafen Ag
  • Akebono Brake Industry Co., Ltd.
  • Brembo S.P.A
  • Aisin Seiki Co., Ltd.
  • Hitachi Astemo Ltd.
  • Knorr-Bremse Ag
  • Haldex Ab
  • Denso Corporation
  • Mando Corporation
  • Hyundai Mobis Co., Ltd.
  • Wuhan Youfin Auto Parts Co., Ltd.
  • Bethel Automotive Safety System Co., Ltd. (WBTL)
  • Beringer
  • Others

These players are continuously innovating and investing in technological solutions to meet the dynamic needs of the market while maintaining a competitive edge.

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Global Automotive Brake System Market Segmentation and Region

 By Brake Type

  • Disc Brakes
  • Drum Brakes
  • Hydrostatic Brakes
  • Hydraulic Wet Brakes
  • Dynamic Brakes
  • Others

 By Technology

  • Anti-lock Braking System (ABS)
  • Electronic Stability Control (ESC)
  • Traction Control System (TCS)
  • Electronic Brakeforce Distribution (EBD)
  • Automatic Emergency Braking (AEB)

 By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Trucks
  • Buses

 By Actuation Type

  • Hydraulic
  • Pneumatic

 By Component

  • Master Cylinders
  • Brake Pads
  • Brake Shoes
  • Brake Calipers
  • Brake Disc Rotors

 By Electric Vehicle Type

  • Battery EVs
  • Plug-in Hybrid EVs

 By Application

  • Agricultural Tractors
  • Construction Equipment
  • Mining Equipment

 By Region

  • North America
  • South America
  • Europe
  • The Middle East Africa
  • Asia-Pacific

Frequently Asked Questions (FAQs)

  1. What is the expected CAGR of the Global Automotive Brake System Market during 2025-2030?
  2. Which region holds the largest market share in the Global Automotive Brake System Market?
  3. Who are the leading players in the Global Automotive Brake System Market?
  4. What are the key trends driving the Global Automotive Brake System Market forward?
  5. What are the major challenges faced by new entrants in the market?

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Scope of the Report

  • Provides an unbiased market forecast from 2025 to 2030
  • Covers detailed company profiles and competitive analysis
  • Includes segment-wise and geography-wise market breakdown
  • Offers insights into market drivers, challenges, and trends
  • Equips stakeholders with data-backed strategic recommendations

About MarkNtel Advisors:

We are a leading market research firm providing research, consulting, and data-driven intelligence to clients across diverse industries globally. Our reports are tailored to help businesses identify lucrative opportunities and mitigate potential risks using actionable insights.

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