Air Brake System Market was valued at US$ 4.73 Bn in 2022 and is expected to reach US$ 6.60 Bn by 2029, at a CAGR of 4.87% during a forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report
Air Brake System Market Dynamics
Increase in heavy commercial vehicle production in the Asia Pacific and Europe market, Owing to the increasing technological advancement, increasing concerns over safety, and stringent government mandates to improve commercial vehicle safety, the demand for air brake systems is estimated to increase in the coming years. Vehicles now are able to access external information and content are factors to impacts more on the growth of the Air Brake System market. The report provides a detailed list of drivers and restraints of the market, which are influencing the market growth. Major driving factors of the Air Brake System market are increasing the number of vehicles that has expanded essentially over the globe because of modernization and enhanced spending energy of individuals. This has prompted an expansion in the automotive emanation levels too. Increasing demand from passenger and commercial vehicles. Increasing R&D activities by major players for the development of cost-effective products is expected to create new opportunities. Intelligent transport systems giving alerts to drivers in traffic conditions, tolls, and optimum routes, as well as driver assistance systems to control speed, stability, and even air brake system requirement are factor’s that boost the demand for the Air Brake System market. The high-cost and increasing stopping distance of air brakes over hydraulic brakes will act as a restraint to the market.Air Brake System Market Segment analysis
Based on the Vehicle, Heavy-Duty vehicle is expected to hold the largest share in the market during the forecast period. Rising potential demand for trucks in every country. Automation and connectivity are driving the heavy-duty vehicle industry. Owing to the increasing manufacture across the globe. The high availability of raw materials and low-cost labor will promote the heavy-duty trucks' industry across the region. Inclining international and local trading activities worldwide will fuel the heavy-duty trucks' industry growth over the projected timeframe. In 2019 the heavy truck market was stabilized, and there is reason to expect further growth averaging 5.0 percent or more annually between the forecasted period. In Type, Disc is also expected to lead the market growth.Air Brake System Market Regional Insights
In terms of region, Asia Pacific is expected to hold the largest share in the market during the forecast period. The global economy is continuing its gradual recovery from the financial crisis, with the latest data pointing to a broad-based pickup. However, longer-term Asia is seen maintaining its position as the fastest-growing region, with China and India leading the charge. Environmental concerns, safety features, and Internet connection are increasing rapidly in this region. Population with enormous projected growth has important implications in terms of economic development. Needs and preferences of truck owners and operators are evolving business environment. China, India, and Japan are the leading market players in Asia pacific. The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, brand portfolio expansion, mergers, collaborations, joint ventures, acquisitions, PESTLE analysis, Value Chain Analysis, and SWOT analysis. Air Brake System Market, Key Highlights: 1. Air Brake System Market analysis and forecast, in terms of value. 2. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Air Brake System Market 3. Air Brake System Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. 4. Air Brake System Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. 5. Air Brake System Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. 6. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. 7. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Air Brake System Market are also profiled.Scope of the Report for Air Brake System Market: Inquire before buying
Air Brake System Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 4.73 Bn. Forecast Period 2023 to 2029 CAGR: 4.87% Market Size in 2029: US $ 6.60 Bn. Segments Covered: by Vehicle Rigid Body Heavy-Duty Semi-Trailer Bus by Type Disc Drum by Technology ABS – (Anti-lock Braking System) TCS – (Traction Control System) ESC – (Electronic Stability Program or Electronic Stability Control) EBD – (Electronic Brake-force distribution) by Rolling Stock & Locomotive Air EP - (Electro-Pneumatic) ECP - (Electronically controlled pneumatic) Others Global Air Brake System Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Air Brake System Market Key Players
1. SORL Auto Parts, Inc. 2. ZF TRW Automotive Holdings Corporation 3. Wabco 4. Meritor 5. Continental AG 6. Aisin Seiki Co. Ltd. 7. Akebono Brake Industry Co. Ltd. 8. Haldex AB 9. Knorr-Bremse AG 10.Nissin Kogyo Co. Ltd. 11.Mando Corporation 12.Brembo S.P.A. 13.Federal-Mogul Holdings Corporation3 14.YUMAK Air Brake Systems 15.Airmaster Brake Systems 16.Brakes India Limited Frequently Asked Questions: 1.Which region has the largest share in Global Air Brake System Market? Ans: Asia Pacific region held the highest share in 2022. 2.What is the growth rate of Global Air Brake System Market? Ans: The Global Market is growing at a CAGR of 4.87% during forecasting period 2023-2029. 3.What is scope of the Global Market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors& Leaders, and market estimation of the forecast period. 4.Who are the key players in Global Market? Ans: The important key players in the Global Market are – Denso Corporation, Hanon Systems, Sanden Holding Corporation, Mitsubishi Heavy Industries Ltd, MAHLE GmbH, Valeo SA, Keihin Corporation, Calsonic Kansei Corporation, SamvardhanaMotherson Group, Subros Limited, SMAC Auto Air, TransAir Manufacturing, Eberspacher Group, Marelli Corporation. 5.What is the study period of this Market? Ans: The Global Market is studied from 2023 to 2029.
Air Brake System Market
1. Preface 1.1. Research Objectives 1.2. Report Scope and Market Segment System 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.4. Breakdown of Primary Sources 3. Executive Summary 3.1. Global Air Brake System Market Size, by Value (US$) and Volume (Unit). 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Market Analysis 4.3.1. Porter’s Analysis 4.3.2. Value Chain Analysis 4.3.3. SWOT Analysis 4.4. Industry Trends in Global Air Brake System Market 5. Global Air Brake System Market Decision Framework 5.1. Porter’s Analysis 5.2. Value Chain Analysis 5.3. SWOT Analysis 5.4. PEST Analysis 6. Global Air Brake System Market Analysis and Forecast 6.1. Global Air Brake System Market Size& Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Air Brake System Market Analysis and Forecast, By Vehicle 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Air Brake System Market Value Share Analysis, By Vehicle 7.4. Global Air Brake System Market Size (US$ Bn) Forecast, By Vehicle 7.5. Air Brake System Market Analysis, By Vehicle 7.6. Global Air Brake System Market Attractiveness Analysis, By Vehicle 8. Global Air Brake System Market Analysis and Forecast, By Type 8.1. Introduction and Definition 8.2. Global Air Brake System Market Value Share Analysis, By Type 8.3. Global Air Brake System Market Size (US$ Bn) Forecast, By Type 8.4. Global Air Brake System Market Analysis, By Type 8.5. Global Air Brake System Market Attractiveness Analysis, By Type 9. Global Air Brake System Market Analysis and Forecast, By Technology 9.1. Introduction and Definition 9.2. Global Air Brake System Market Value Share Analysis, By Technology 9.3. Global Air Brake System Market Size (US$ Bn) Forecast, By Technology 9.4. Global Air Brake System Market Analysis, By Technology 9.5. Global Air Brake System Market Attractiveness Analysis, By Technology 10. Global Air Brake System Market Analysis and Forecast, By Rolling Stock & Locomotive 10.1. Introduction and Definition 10.2. Global Air Brake System Market Value Share Analysis, By Rolling Stock & Locomotive 10.3. Global Air Brake System Market Size (US$ Bn) Forecast, By Rolling Stock & Locomotive 10.4. Global Air Brake System Market Analysis, By Rolling Stock & Locomotive 10.5. Global Air Brake System Market Attractiveness Analysis, By Rolling Stock & Locomotive 11. Global Air Brake System Market Analysis, by Region 11.1. Global Air Brake System Market Value Share Analysis, by Region 11.2. Global Air Brake System Market Size (US$ Bn) Forecast, by Region 11.3. Global Air Brake System Market Attractiveness Analysis, by Region 12. North America Air Brake System Market Analysis 12.1. Key Findings 12.2. North America Air Brake System Market Overview 12.3. North America Air Brake System Market Value Share Analysis, By Vehicle 12.4. North America Air Brake System Market Forecast, By Vehicle 12.4.1. Rigid Body 12.4.2. Heavy-Duty 12.4.3. Semi-Trailer 12.4.4. Bus 12.5. North America Air Brake System Market Value Share Analysis, By Type 12.6. North America Air Brake System Market Forecast, By Type 12.6.1. Disc 12.6.2. Drum 12.7. North America Air Brake System Market Value Share Analysis, By Technology 12.8. North America Air Brake System Market Forecast, By Technology 12.8.1. ABS 12.8.2. TCS 12.8.3. ESC 12.8.4. EBD 12.9. North America Air Brake System Market Value Share Analysis, By Rolling Stock & Locomotive 12.10. North America Air Brake System Market Forecast, By Rolling Stock & Locomotive 12.10.1. Air 12.10.2. EP 12.10.3. ECP 12.10.4. Others 12.11. North America Air Brake System Market Value Share Analysis, by Country 12.12. North America Air Brake System Market Forecast, by Country 12.12.1. U.S. 12.12.2. Canada 12.13. North America Air Brake System Market Analysis, by Country 12.14. U.S. Air Brake System Market Forecast, By Vehicle 12.14.1. Rigid Body 12.14.2. Heavy-Duty 12.14.3. Semi-Trailer 12.14.4. Bus 12.15. U.S. Air Brake System Market Forecast, By Type 12.15.1. Disc 12.15.2. Drum 12.16. U.S. Air Brake System Market Forecast, By Technology 12.16.1. ABS 12.16.2. TCS 12.16.3. ESC 12.16.4. EBD 12.17. U.S. Air Brake System Market Forecast, By Rolling Stock & Locomotive 12.17.1. Air 12.17.2. EP 12.17.3. ECP 12.17.4. Others 12.18. Canada Air Brake System Market Forecast, By Vehicle 12.18.1. Rigid Body 12.18.2. Heavy-Duty 12.18.3. Semi-Trailer 12.18.4. Bus 12.19. Canada Air Brake System Market Forecast, By Type 12.19.1. Disc 12.19.2. Drum 12.20. Canada Air Brake System Market Forecast, By Technology 12.20.1. ABS 12.20.2. TCS 12.20.3. ESC 12.20.4. EBD 12.21. Canada Air Brake System Market Forecast, By Rolling Stock & Locomotive 12.21.1. Air 12.21.2. EP 12.21.3. ECP 12.21.4. Others 12.22. North America Air Brake System Market Attractiveness Analysis 12.22.1. By Vehicle 12.22.2. By Type 12.22.3. By Technology 12.22.4. By Rolling Stock & Locomotive 12.23. Key Trends 12.24. Key Developments 13. Europe Air Brake System Market Analysis 13.1. Key Findings 13.2. Europe Air Brake System Market Overview 13.3. Europe Air Brake System Market Value Share Analysis, By Vehicle 13.4. Europe Air Brake System Market Forecast, By Vehicle 13.4.1. Rigid Body 13.4.2. Heavy-Duty 13.4.3. Semi-Trailer 13.4.4. Bus 13.5. Europe Air Brake System Market Value Share Analysis, By Type 13.6. Europe Air Brake System Market Forecast, By Type 13.6.1. Disc 13.6.2. Drum 13.7. Europe Air Brake System Market Value Share Analysis, By Technology 13.8. Europe Air Brake System Market Forecast, By Technology 13.8.1. ABS 13.8.2. TCS 13.8.3. ESC 13.8.4. EBD 13.9. Europe Air Brake System Market Value Share Analysis, By Rolling Stock & Locomotive 13.10. Europe Air Brake System Market Forecast, By Rolling Stock & Locomotive 13.10.1. Air 13.10.2. EP 13.10.3. ECP 13.10.4. Others 13.11. Europe Air Brake System Market Value Share Analysis, by Country 13.12. Europe Air Brake System Market Forecast, by Country 13.12.1. Germany 13.12.2. U.K. 13.12.3. France 13.12.4. Italy 13.12.5. Spain 13.12.6. Rest of Europe 13.13. Europe Air Brake System Market Analysis, by Country/ Sub-region 13.14. Germany Air Brake System Market Forecast, By Vehicle 13.14.1. Rigid Body 13.14.2. Heavy-Duty 13.14.3. Semi-Trailer 13.14.4. Bus 13.15. Germany Air Brake System Market Forecast, By Type 13.15.1. Disc 13.15.2. Drum 13.16. Germany Air Brake System Market Forecast, By Technology 13.16.1. ABS 13.16.2. TCS 13.16.3. ESC 13.16.4. EBD 13.17. Germany Air Brake System Market Forecast, By Rolling Stock & Locomotive 13.17.1. Air 13.17.2. EP 13.17.3. ECP 13.17.4. Others 13.18. U.K. Air Brake System Market Forecast, By Vehicle 13.18.1. Rigid Body 13.18.2. Heavy-Duty 13.18.3. Semi-Trailer 13.18.4. Bus 13.19. U.K. Air Brake System Market Forecast, By Type 13.19.1. Disc 13.19.2. Drum 13.20. U.K. Air Brake System Market Forecast, By Technology 13.20.1. ABS 13.20.2. TCS 13.20.3. ESC 13.20.4. EBD 13.21. U.K. Air Brake System Market Forecast, By Rolling Stock & Locomotive 13.21.1. Air 13.21.2. EP 13.21.3. ECP 13.21.4. Others 13.22. France Air Brake System Market Forecast, By Vehicle 13.22.1. Rigid Body 13.22.2. Heavy-Duty 13.22.3. Semi-Trailer 13.22.4. Bus 13.23. France Air Brake System Market Forecast, By Type 13.23.1. Disc 13.23.2. Drum 13.24. France Air Brake System Market Forecast, By Technology 13.24.1. ABS 13.24.2. TCS 13.24.3. ESC 13.24.4. EBD 13.25. France Air Brake System Market Forecast, By Rolling Stock & Locomotive 13.25.1. Air 13.25.2. EP 13.25.3. ECP 13.25.4. Others 13.26. Italy Air Brake System Market Forecast, By Vehicle 13.26.1. Rigid Body 13.26.2. Heavy-Duty 13.26.3. Semi-Trailer 13.26.4. Bus 13.27. Italy Air Brake System Market Forecast, By Type 13.27.1. Disc 13.27.2. Drum 13.28. Italy Air Brake System Market Forecast, By Technology 13.28.1. ABS 13.28.2. TCS 13.28.3. ESC 13.28.4. EBD 13.29. Italy Air Brake System Market Forecast, By Rolling Stock & Locomotive 13.29.1. Air 13.29.2. EP 13.29.3. ECP 13.29.4. Others 13.30. Spain Air Brake System Market Forecast, By Vehicle 13.30.1. Rigid Body 13.30.2. Heavy-Duty 13.30.3. Semi-Trailer 13.30.4. Bus 13.31. Spain Air Brake System Market Forecast, By Type 13.31.1. Disc 13.31.2. Drum 13.32. Spain Air Brake System Market Forecast, By Technology 13.32.1. ABS 13.32.2. TCS 13.32.3. ESC 13.32.4. EBD 13.33. Spain Air Brake System Market Forecast, By Rolling Stock & Locomotive 13.33.1. Air 13.33.2. EP 13.33.3. ECP 13.33.4. Others 13.34. Rest of Europe Air Brake System Market Forecast, By Vehicle 13.34.1. Rigid Body 13.34.2. Heavy-Duty 13.34.3. Semi-Trailer 13.34.4. Bus 13.35. Rest of Europe Air Brake System Market Forecast, By Type 13.35.1. Disc 13.35.2. Drum 13.36. Rest of Europe Air Brake System Market Forecast, By Technology 13.36.1. ABS 13.36.2. TCS 13.36.3. ESC 13.36.4. EBD 13.37. Rest Of Europe Air Brake System Market Forecast, By Rolling Stock & Locomotive 13.37.1. Air 13.37.2. EP 13.37.3. ECP 13.37.4. Others 13.38. Europe Air Brake System Market Attractiveness Analysis 13.38.1. By Vehicle 13.38.2. By Type 13.38.3. By Technology 13.38.4. By Rolling Stock & Locomotive 13.39. Key Trends 13.40. Key Developments 14. Asia Pacific Air Brake System Market Analysis 14.1. Key Findings 14.2. Asia Pacific Air Brake System Market Overview 14.3. Asia Pacific Air Brake System Market Value Share Analysis, By Vehicle 14.4. Asia Pacific Air Brake System Market Forecast, By Vehicle 14.4.1. Rigid Body 14.4.2. Heavy-Duty 14.4.3. Semi-Trailer 14.4.4. Bus 14.5. Asia Pacific Air Brake System Market Value Share Analysis, By Type 14.6. Asia Pacific Air Brake System Market Forecast, By Type 14.6.1. Disc 14.6.2. Drum 14.7. Asia Pacific Air Brake System Market Value Share Analysis, By Technology 14.8. Asia Pacific Air Brake System Market Forecast, By Technology 14.8.1. ABS 14.8.2. TCS 14.8.3. ESC 14.8.4. EBD 14.9. Asia Pacific Air Brake System Market Value Share Analysis, By Rolling Stock & Locomotive 14.10. Asia Pacific Air Brake System Market Forecast, By Rolling Stock & Locomotive 14.10.1. Air 14.10.2. EP 14.10.3. ECP 14.10.4. Others 14.11. Asia Pacific Air Brake System Market Value Share Analysis, by Country 14.12. Asia Pacific Air Brake System Market Forecast, by Country 14.12.1. China 14.12.2. India 14.12.3. Japan 14.12.4. ASEAN 14.12.5. Rest of Asia Pacific 14.13. Asia Pacific Air Brake System Market Analysis, by Country/ Sub-region 14.14. China Air Brake System Market Forecast, By Vehicle 14.14.1. Rigid Body 14.14.2. Heavy-Duty 14.14.3. Semi-Trailer 14.14.4. Bus 14.15. China Air Brake System Market Forecast, By Type 14.15.1. Disc 14.15.2. Drum 14.16. China Air Brake System Market Forecast, By Technology 14.16.1. ABS 14.16.2. TCS 14.16.3. ESC 14.16.4. EBD 14.17. China Air Brake System Market Forecast, By Rolling Stock & Locomotive 14.17.1. Air 14.17.2. EP 14.17.3. ECP 14.17.4. Others 14.18. India Air Brake System Market Forecast, By Vehicle 14.18.1. Rigid Body 14.18.2. Heavy-Duty 14.18.3. Semi-Trailer 14.18.4. Bus 14.19. India Air Brake System Market Forecast, By Type 14.19.1. Disc 14.19.2. Drum 14.20. India Air Brake System Market Forecast, By Technology 14.20.1. ABS 14.20.2. TCS 14.20.3. ESC 14.20.4. EBD 14.21. India Air Brake System Market Forecast, By Rolling Stock & Locomotive 14.21.1. Air 14.21.2. EP 14.21.3. ECP 14.21.4. Others 14.22. Japan Air Brake System Market Forecast, By Vehicle 14.22.1. Rigid Body 14.22.2. Heavy-Duty 14.22.3. Semi-Trailer 14.22.4. Bus 14.23. Japan Air Brake System Market Forecast, By Type 14.23.1. Disc 14.23.2. Drum 14.24. Japan Air Brake System Market Forecast, By Technology 14.24.1. ABS 14.24.2. TCS 14.24.3. ESC 14.24.4. EBD 14.25. Japan Air Brake System Market Forecast, By Rolling Stock & Locomotive 14.25.1. Air 14.25.2. EP 14.25.3. ECP 14.25.4. Others 14.26. ASEAN Air Brake System Market Forecast, By Vehicle 14.26.1. Rigid Body 14.26.2. Heavy-Duty 14.26.3. Semi-Trailer 14.26.4. Bus 14.27. ASEAN Air Brake System Market Forecast, By Type 14.27.1. Disc 14.27.2. Drum 14.28. ASEAN Air Brake System Market Forecast, By Technology 14.28.1. ABS 14.28.2. TCS 14.28.3. ESC 14.28.4. EBD 14.29. ASEAN Air Brake System Market Forecast, By Rolling Stock & Locomotive 14.29.1. Air 14.29.2. EP 14.29.3. ECP 14.29.4. Others 14.30. Rest of Asia Pacific Air Brake System Market Forecast, By Vehicle 14.30.1. Rigid Body 14.30.2. Heavy-Duty 14.30.3. Semi-Trailer 14.30.4. Bus 14.31. Rest of Asia Pacific Air Brake System Market Forecast, By Type 14.31.1. Disc 14.31.2. Drum 14.32. Rest of Asia Pacific Air Brake System Market Forecast, By Technology 14.32.1. ABS 14.32.2. TCS 14.32.3. ESC 14.32.4. EBD 14.33. Rest of Asia Pacific Air Brake System Market Forecast, By Rolling Stock & Locomotive 14.33.1. Air 14.33.2. EP 14.33.3. ECP 14.33.4. Others 14.34. Asia Pacific Air Brake System Market Attractiveness Analysis 14.34.1. By Vehicle 14.34.2. By Type 14.34.3. By Technology 14.34.4. By Rolling Stock & Locomotive 14.35. Key Trends 14.36. Key Developments 15. Middle East & Africa Air Brake System Market Analysis 15.1. Key Findings 15.2. Middle East & Africa Air Brake System Market Overview 15.3. Middle East & Africa Air Brake System Market Value Share Analysis, By Vehicle 15.4. Middle East & Africa Air Brake System Market Forecast, By Vehicle 15.4.1. Rigid Body 15.4.2. Heavy-Duty 15.4.3. Semi-Trailer 15.4.4. Bus 15.5. Middle East & Africa Air Brake System Market Value Share Analysis, By Type 15.6. Middle East & Africa Air Brake System Market Forecast, By Type 15.6.1. Disc 15.6.2. Drum 15.7. Middle East & Africa Air Brake System Market Value Share Analysis, By Technology 15.8. Middle East & Africa Air Brake System Market Forecast, By Technology 15.8.1. ABS 15.8.2. TCS 15.8.3. ESC 15.8.4. EBD 15.9. Middle East & Africa Air Brake System Market Value Share Analysis, By Rolling Stock & Locomotive 15.10. Middle East & Africa Air Brake System Market Forecast, By Rolling Stock & Locomotive 15.10.1. Air 15.10.2. EP 15.10.3. ECP 15.10.4. Others 15.11. Middle East & Africa Air Brake System Market Value Share Analysis, by Country 15.12. Middle East & Africa Air Brake System Market Forecast, by Country 15.12.1. GCC 15.12.2. South Africa 15.12.3. Rest of Middle East & Africa 15.13. Middle East & Africa Air Brake System Market Analysis, by Country/ Sub-region 15.14. GCC Air Brake System Market Forecast, By Vehicle 15.14.1. Rigid Body 15.14.2. Heavy-Duty 15.14.3. Semi-Trailer 15.14.4. Bus 15.15. GCC Air Brake System Market Forecast, By Type 15.15.1. Disc 15.15.2. Drum 15.16. GCC Air Brake System Market Forecast, By Technology 15.16.1. ABS 15.16.2. TCS 15.16.3. ESC 15.16.4. EBD 15.17. GCC Air Brake System Market Forecast, By Rolling Stock & Locomotive 15.17.1. Air 15.17.2. EP 15.17.3. ECP 15.17.4. Others 15.18. South Africa Air Brake System Market Forecast, By Vehicle 15.18.1. Rigid Body 15.18.2. Heavy-Duty 15.18.3. Semi-Trailer 15.18.4. Bus 15.19. South Africa Air Brake System Market Forecast, By Type 15.19.1. Disc 15.19.2. Drum 15.20. South Africa Air Brake System Market Forecast, By Technology 15.20.1. ABS 15.20.2. TCS 15.20.3. ESC 15.20.4. EBD 15.21. South Africa Air Brake System Market Forecast, By Rolling Stock & Locomotive 15.21.1. Air 15.21.2. EP 15.21.3. ECP 15.21.4. Others 15.22. Rest of Middle East & Africa Air Brake System Market Forecast, By Vehicle 15.22.1. Rigid Body 15.22.2. Heavy-Duty 15.22.3. Semi-Trailer 15.22.4. Bus 15.23. Rest of Middle East & Africa Air Brake System Market Forecast, By Type 15.23.1. Disc 15.23.2. Drum 15.24. Rest of Middle East & Africa Air Brake System Market Forecast, By Technology 15.24.1. ABS 15.24.2. TCS 15.24.3. ESC 15.24.4. EBD 15.25. Rest of Middle East & Africa Air Brake System Market Forecast, By Rolling Stock & Locomotive 15.25.1. Air 15.25.2. EP 15.25.3. ECP 15.25.4. Others 15.26. Middle East & Africa Air Brake System Market Attractiveness Analysis 15.26.1. By Vehicle 15.26.2. By Type 15.26.3. By Technology 15.26.4. By Rolling Stock & Locomotive 15.27. Key Trends 15.28. Key Developments 16. South America Air Brake System Market Analysis 16.1. Key Findings 16.2. South America Air Brake System Market Overview 16.3. South America Air Brake System Market Value Share Analysis, By Vehicle 16.4. South America Air Brake System Market Forecast, By Vehicle 16.4.1. Rigid Body 16.4.2. Heavy-Duty 16.4.3. Semi-Trailer 16.4.4. Bus 16.5. South America Air Brake System Market Value Share Analysis, By Type 16.6. South America Air Brake System Market Forecast, By Type 16.6.1. Disc 16.6.2. Drum 16.7. South America Air Brake System Market Value Share Analysis, By Technology 16.8. South America Air Brake System Market Forecast, By Technology 16.8.1. ABS 16.8.2. TCS 16.8.3. ESC 16.8.4. EBD 16.9. South America Air Brake System Market Value Share Analysis, By Rolling Stock & Locomotive 16.10. South America Air Brake System Market Forecast, By Rolling Stock & Locomotive 16.10.1. Air 16.10.2. EP 16.10.3. ECP 16.10.4. Others 16.11. South America Air Brake System Market Value Share Analysis, by Country 16.12. South America Air Brake System Market Forecast, by Country 16.12.1. Brazil 16.12.2. Mexico 16.12.3. Rest of South America 16.13. South America Air Brake System Market Analysis, by Country/ Sub-region 16.14. Brazil Air Brake System Market Forecast, By Vehicle 16.14.1. Rigid Body 16.14.2. Heavy-Duty 16.14.3. Semi-Trailer 16.14.4. Bus 16.15. Brazil Air Brake System Market Forecast, By Type 16.15.1. Disc 16.15.2. Drum 16.16. Brazil Air Brake System Market Forecast, By Technology 16.16.1. ABS 16.16.2. TCS 16.16.3. ESC 16.16.4. EBD 16.17. Brazil Air Brake System Market Forecast, By Rolling Stock & Locomotive 16.17.1. Air 16.17.2. EP 16.17.3. ECP 16.17.4. Others 16.18. Mexico Air Brake System Market Forecast, By Vehicle 16.18.1. Rigid Body 16.18.2. Heavy-Duty 16.18.3. Semi-Trailer 16.18.4. Bus 16.19. Mexico Air Brake System Market Forecast, By Type 16.19.1. Disc 16.19.2. Drum 16.20. Mexico Air Brake System Market Forecast, By Technology 16.20.1. ABS 16.20.2. TCS 16.20.3. ESC 16.20.4. EBD 16.21. Mexico Air Brake System Market Forecast, By Rolling Stock & Locomotive 16.21.1. Air 16.21.2. EP 16.21.3. ECP 16.21.4. Others 16.22. Rest of South America Air Brake System Market Forecast, By Vehicle 16.22.1. Rigid Body 16.22.2. Heavy-Duty 16.22.3. Semi-Trailer 16.22.4. Bus 16.23. Rest of South America Air Brake System Market Forecast, By Type 16.23.1. Disc 16.23.2. Drum 16.24. Rest of South America Air Brake System Market Forecast, By Technology 16.24.1. ABS 16.24.2. TCS 16.24.3. ESC 16.24.4. EBD 16.25. Rest of South America Air Brake System Market Forecast, By Rolling Stock & Locomotive 16.25.1. Air 16.25.2. EP 16.25.3. ECP 16.25.4. Others 16.26. South America Air Brake System Market Attractiveness Analysis 16.26.1. By Vehicle 16.26.2. By Type 16.26.3. By Technology 16.26.4. By Rolling Stock & Locomotive 16.27. Key Trends 16.28. Key Developments 17. Competitive Landscape 17.1. Market Share Analysis, by Company 17.2. Competition Matrix 17.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 17.2.2. Market Consolidation 17.2.2.1. M&A By Regions, Investment, Applications 17.2.2.2. M&A Key Players, Forward Integration, Backward Integration 17.3. Company Profiles: Key Players 17.3.1. SORL Auto Parts, Inc. 17.3.1.1. Company Overview 17.3.1.2. Financial Overview 17.3.1.3. Business Strategy 17.3.1.4. Recent Developments 17.3.1.5. Manufacturing Footprint 17.3.2. ZF TRW Automotive Holdings Corporation 17.3.3. Wabco 17.3.4. Meritor 17.3.5. Continental AG 17.3.6. Aisin Seiki Co. Ltd. 17.3.7. Akebono Brake Industry Co. Ltd. 17.3.8. Haldex AB 17.3.9. Knorr-Bremse AG 17.3.10. Nissin Kogyo Co. Ltd. 17.3.11. Mando Corporation 17.3.12. Brembo S.P.A. 17.3.13. Federal-Mogul Holdings Corporation3 17.3.14. YUMAK Air Brake Systems 17.3.15. Airmaster Brake Systems 17.3.16. Brakes India Limited 18. Primary Key Insights