The North America Brake System Market would witness market growth of 4.5% CAGR during the forecast period (2022-2028).
The mechanical brake, which is operated by hand or foot in the majority of passenger cars, is used for parking and emergency brakes. These brakes either work on the back wheels, the transmission, or the shaft of the propeller. To the left of the driver, the brake lever is mounted beneath the instrument panel. A ratchet locks the lever into position when the brake is applied.
To stop a car, the brake system needs to work in many different ways. These components include the emergency brake, brake pedal, brake booster, master cylinder, brake pads, wheel speed sensors, and ABS control module. Four of the most prevalent types of breaks are created by these components working together. These include anti-lock brakes, emergency brakes, disc brakes, and drum brakes.
In this region, the National Highway Traffic Safety Administration (NHTSA) and the U.S. Environmental Protection Agency are the two government organizations in charge of overseeing the regulation of autos and auto parts (EPA). The NHTSA is in charge of car safety matters. Vehicle emissions are regulated by the EPA. As long as they do not clash with a federal requirement, states and local governments are free to create their own safety laws and regulations. Tougher car emissions rules may be established by the California Air Resources Board (CARB), which other states may subsequently adopt.
The US market dominated the North America Brake System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,689.4 million by 2028. The Canada market is experiencing a CAGR of 6.9% during (2022 - 2028). Additionally, The Mexico market is exhibiting 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Brake System Market is Estimated to reach $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
By Brake Type
By Vehicle Type
- Passenger Car
- Light-commercial Vehicles (LCV)
- Truck
- Bus
By Country
- US
- Canada
- Mexico
- Rest of North America
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 North America Brake System Market, by Technology
1.4.2 North America Brake System Market, by Actuation
1.4.3 North America Brake System Market, by Brake Type
1.4.4 North America Brake System Market, by Vehicle Type
1.4.5 North America 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. North America Brake System Market by Technology
4.1 North America Antilock Braking Systems (ABS) Market by Country
4.2 North America Electronic Stability Control (ESC) Market by Country
4.3 North America Traction Stability Control (TCS) Market by Country
4.4 North America Electronic Brakeforce Distribution (EBD) & Others Market by Country
Chapter 5. North America Brake System Market by Actuation
5.1 North America Hydraulic Market by Country
5.2 North America Pneumatic Market by Country
Chapter 6. North America Brake System Market by Brake Type
6.1 North America Disc Market by Country
6.2 North America Drum Market by Country
Chapter 7. North America Brake System Market by Vehicle Type
7.1 North America Passenger Car Market by Country
7.2 North America Light-commercial Vehicles (LCV) Market by Country
7.3 North America Truck Market by Country
7.4 North America Bus Market by Country
Chapter 8. North America Brake System Market by Country
8.1 US Brake System Market
8.1.1 US Brake System Market by Technology
8.1.2 US Brake System Market by Actuation
8.1.3 US Brake System Market by Brake Type
8.1.4 US Brake System Market by Vehicle Type
8.2 Canada Brake System Market
8.2.1 Canada Brake System Market by Technology
8.2.2 Canada Brake System Market by Actuation
8.2.3 Canada Brake System Market by Brake Type
8.2.4 Canada Brake System Market by Vehicle Type
8.3 Mexico Brake System Market
8.3.1 Mexico Brake System Market by Technology
8.3.2 Mexico Brake System Market by Actuation
8.3.3 Mexico Brake System Market by Brake Type
8.3.4 Mexico Brake System Market by Vehicle Type
8.4 Rest of North America Brake System Market
8.4.1 Rest of North America Brake System Market by Technology
8.4.2 Rest of North America Brake System Market by Actuation
8.4.3 Rest of North America Brake System Market by Brake Type
8.4.4 Rest of North America 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 North America Brake System Market, 2018 - 2021, USD Million
TABLE 2 North America Brake System Market, 2022 - 2028, USD Million
TABLE 3 North America Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 4 North America Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 5 North America Antilock Braking Systems (ABS) Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Antilock Braking Systems (ABS) Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Electronic Stability Control (ESC) Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Electronic Stability Control (ESC) Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Traction Stability Control (TCS) Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Traction Stability Control (TCS) Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Electronic Brakeforce Distribution (EBD) & Others Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Electronic Brakeforce Distribution (EBD) & Others Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 14 North America Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 15 North America Hydraulic Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Hydraulic Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Pneumatic Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Pneumatic Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 20 North America Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 21 North America Disc Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Disc Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Drum Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Drum Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 26 North America Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 27 North America Passenger Car Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Passenger Car Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Light-commercial Vehicles (LCV) Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Light-commercial Vehicles (LCV) Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Truck Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Truck Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Bus Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Bus Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Brake System Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Brake System Market by Country, 2022 - 2028, USD Million
TABLE 37 US Brake System Market, 2018 - 2021, USD Million
TABLE 38 US Brake System Market, 2022 - 2028, USD Million
TABLE 39 US Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 40 US Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 41 US Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 42 US Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 43 US Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 44 US Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 45 US Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 46 US Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 47 Canada Brake System Market, 2018 - 2021, USD Million
TABLE 48 Canada Brake System Market, 2022 - 2028, USD Million
TABLE 49 Canada Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 50 Canada Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 51 Canada Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 52 Canada Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 53 Canada Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 54 Canada Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 55 Canada Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 56 Canada Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 57 Mexico Brake System Market, 2018 - 2021, USD Million
TABLE 58 Mexico Brake System Market, 2022 - 2028, USD Million
TABLE 59 Mexico Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 60 Mexico Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 61 Mexico Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 62 Mexico Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 63 Mexico Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 64 Mexico Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 65 Mexico Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 66 Mexico Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 67 Rest of North America Brake System Market, 2018 - 2021, USD Million
TABLE 68 Rest of North America Brake System Market, 2022 - 2028, USD Million
TABLE 69 Rest of North America Brake System Market by Technology, 2018 - 2021, USD Million
TABLE 70 Rest of North America Brake System Market by Technology, 2022 - 2028, USD Million
TABLE 71 Rest of North America Brake System Market by Actuation, 2018 - 2021, USD Million
TABLE 72 Rest of North America Brake System Market by Actuation, 2022 - 2028, USD Million
TABLE 73 Rest of North America Brake System Market by Brake Type, 2018 - 2021, USD Million
TABLE 74 Rest of North America Brake System Market by Brake Type, 2022 - 2028, USD Million
TABLE 75 Rest of North America Brake System Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 76 Rest of North America Brake System Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 77 key information – Robert Bosch GmbH
TABLE 78 Key Information – Knorr-Bremse AG
TABLE 79 Key Information – Brembo S.p.A.
TABLE 80 Key Information – Continental AG
TABLE 81 Key Information – Hitachi, Ltd.
TABLE 82 key information – Denso Corporation
TABLE 83 Key Information – ZF Friedrichshafen AG
TABLE 84 Key Information – Aisin Corporation
TABLE 85 Key Information – Haldex AB
TABLE 86 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