Global Brake / Body Control / Axle Market Research Report
- Report Code: AU 1046
- Publish Date: Upcoming
Brake, Body Control components, and axle are the major components which responsible for vehicle control. Body control module is an electronic component responsible for monitoring and controlling various electronic accessories in a vehicle's body. Apart from safety and control, it provides driver with enhanced user experience.
The segment publishes market intelligence reports for Brakes, Body control units and modules, and axle components. Reports published include qualitative as well as quantitative analysis with major sections such as; market dynamics, company profiles, market share analysis, market forecast and estimation, and market activities by major players.
1 Introduction
1.1 Analyst Insights
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
2 Executive Summary
3 Market Overview
4 Brake / Body Control / Axle by Submarkets
4.1 Axle
4.2 Brake
4.3 Vehicle Dynamic Control System
5 Brake / Body Control / Axle by Technologies
5.1 LED
6 Brake / Body Control / Axle by Geographies
6.1 Americas
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Brake Friction Product Market - Global Forecast to 2021 The global disc brake market was valued at $9.8 billion in 2013, and is anticipated to grow at a CAGR of 7.9%, to reach $14.3 billion by 2018. The top players of in this market are Aisin Seiki, TRW, Akebono Nissin Kogyo, Brembo S.P.A, with market shares of 25.0%, 14.0%, 13.0%, 11.0%, and 9.0% respectively. |
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Global Disc Brake The Asia-Pacific disc brake market is projected to reach $7.9 billion by 2018 from $5.1 billion in 2013, growing at 9.2% annually. The growing demand for higher performing vehicles and longer service intervals are some of the factors driving the disc brake market for this region, while concentration of the market with smaller and cheaper vehicles using drum brakes acts as a restraining factor. |
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Europe Disc Brake The European disc brake market was valued at $2.78 billion in 2013, and is expected to grow at a CAGR of 5.8%. It is projected to reach $3.68 billion by 2018. |
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North America Disc Brake The North American disc brake market is driven by factors such as fast growth in the luxury and sports vehicle segment and stringent emission norms. The low-end vehicles in the region refrain from using disc brakes due to its initial cost. The North American disc brake market is projected to reach $1.7 billion by 2018 from an estimated value of $1.2 billion in 2013, growing at 6.9% annually. |
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Drum Brake Asia-pacific is one of the major market for drum brakes, as it is the leads in vehicle production globally, and also since the automobile market in this region is dominated by small and cheaper cars. North America is the second largest market for the drum brakes, followed by Europe. |
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Asia-Pacific Drum Brake The Asia-Pacific drum brake market was valued at $5.42 billion in 2013, and is projected to grow at a CAGR of 6.0%, to reach $7.25 billion by 2018. This report on disc brakes market in Asia-Pacific is segmented on the basis of applications and geography. |
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North America Drum Brake The key players in the North American drum brake market are Hyundai Mobis, Akebono, TRW Inc., Federal Mogul, and Aisin Seiki, with market shares of 14.5%, 12.0%, 10.5%, 5.2%, and 5.0% respectively. The North American drum brake market was valued at $2.5 billion in 2013, and is expected to grow at a CAGR of 8.0%, to reach $3.7 billion by 2018. |
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Asia-Pacific Brake The Asia-Pacific Brake market was valued at $10.44 billion in 2013, and expected to grow at 7.8% annually. It is projected to reach $15.21 billion by the end of 2018. The Asia-Pacific region is the leader in the drum brakes market across all the regions with China being the leader in the Asia-Pacific region followed by Japan. The growing demand for higher performing vehicles & longer service interval are some of the other factors that drive the market for Disc Brakes in the Asia-Pacific region, while the market being concentrated with smaller and cheaper vehicles using drum brakes acts as a restraining factor. |
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Europe Brake The European Brake market was valued at $5.02 billion in 2013, to grow at 5.5% annually. It is projected to reach $6.57 billion by the end of 2018. The increasing demand for small and cheaper cars in the major countries in the region like Germany, Russia and France has boosted the drum brakes market. Also since price of the disc brakes is much higher than the drum brakes, the consumers tend to go for cheaper drum brakes even though they are not as efficient as disc brakes. Germany is the leader in the European disc brake market and also holds its leadership for being the largest automobile market in the region. It is followed by Russia and France which holds the second and third position respectively in terms of disc brake market in the region. |
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North America Brake The North American Brake market was valued at $3.69 billion in 2013, to grow at 7.5% annually. It is projected to reach $5.30 billion by the end of 2018. The U.S and Mexico are the major market for drum brakes in the North American region due to its growing vehicle production and the increasing demand for cheaper cars. Another reason for the growth of drum brake sin the North American region is mainly due to the increasing cost of disc brakes which has pushed the cost-centric buyers’ to opt for the cheaper drum brakes. The North American disc brake market is driven by factors such as—fast growth in luxury and sports vehicle segment and stringent emission norms. The low end vehicles in the region refrain from using the disc brakes due to its initial cost. |
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Brake / Body Control / Axle
