Automotive Brake System Market worth $28.5 Billion By 2018

The “Automotive Brake System Market By Geography, Brake Type (Disc, Drum), Vehicle Type (Passenger Cars, Light & Heavy Commercial, Two Wheelers) & Technology (Electronically Assisted & Others)—Global Trends & Forecast to 2018” report covers automotive brakes market in terms of volume (thousand tons) and value ($ million) for foundation brake types disc & drum brake. This market is calculated for vehicle segments such as – passenger cars, light & heavy commercial vehicles and two-wheeler. The report also focuses on different geographies – Asia-Pacific, Europe, North America, and rest of the world (ROW) with major countries from each region. Advanced technology associated with brakes or brake systems is covered in the report with respect to aforesaid geographies. The report describes about the trends and forecasts of these aforesaid segments from the year 2011 to 2018 by brake type, vehicle segments, respective geography and technology, however, the scope is limited to foundation brakes in automobile industry only.

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Automotive brakes have evolved from simple wooden block brakes which were used in steel rimmed wheels, to modern days disc and drum brakes with electronic assistance. The key function of brakes in automobiles is to slow down or stop the vehicle in motion, primarily by friction mechanism by converting the kinetic energy of the moving wheels to heat energy. In addition to the key function of slowing down the vehicle (deceleration), the automotive brakes also deal with absorption of kinetic energy.

The modern brakes are associated with electronic assistance and hence, known as electronic brake system (EBS) as a whole. An EBS is composed of any of the functions such as Anti-lock brake system (ABS), electronic stability program (ESP), electronic brake-force distribution (EBD), emergency braking or brake assist etc. With all these electronic assistance functions, modern automotive brakes are not limited to deceleration only, but they also play an important role in driver’s assistance and safety. Increasing national & international regulations towards vehicle safety, regulations for vehicle stopping distance, and changing customer orientation in the direction of personal safety would upsurge the overall demand of automotive brakes at the promising rate in the future.

The agenda of this analyst briefing is to discuss market drivers, opportunities, trends, and winning imperatives for global automotive brake market.

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