Brake System Market is anticipated to reach US$ 30.19 Bn by 2029 from US$ 21.74 Bn in 2022 at a CAGR of 4.8% during a forecast period.Brake System Market Overview
A brake system is a mechanical or electrical mechanism that allows a vehicle to slow down or stop as requested by the driver. The brake pedal, master cylinder, brake calipers, brake shoes, brake disc, brake rotor, brake drum, braking lining, and hoses are all part of the brake system. The performance of end-use sectors such as automotive, construction equipment, agricultural equipment, mining equipment, and industrial trucks is completely dependent on the growth of the brake system market.To know about the Research Methodology :- Request Free Sample Report
Brake System Market Dynamics
Increased automotive production and sales as well as increased demand for electric vehicles are expected to boost the brake system market during the forecast period. In addition, the market for advanced brake systems such as braking antilockers, electronic brake-power distribution systems, and others is anticipated to grow due to increasing restrictions on traffic safety applications. Consequently, governmental bodies have forced rigorous implementation of active automobile safety applications to protect the safety of people and minimize accidents. In the United States, automakers have therefore committed to incorporate a low-speed, forward-looking AEB-system with forwarding collision warning in all of their vehicles by September 2022. The demand for passenger cars and commercial vehicles are the other factors, which drive the growth of the brake system market. Besides, new technical advancements like ABS and regenerative braking have been developed for safer and better vehicles. As a result, vehicle manufacturers are continuously creating new and improved technologies such as anti-lock braking systems, electronic stability control, and anti-collision technology. Continental AG, for example, created a third-generation anti-lock braking system that responds to vehicle speeds while also delivering safer, more controlled, and optimal braking performance. Bosch has released an antilock braking system for e-bikes that prevents the front wheel from locking up and controls the rear wheel from lifting. However, high development costs of electronic brake systems, as well as high installation and maintenance costs, are likely to hamper market growth during the forecast period.Brake System Market Segment Analysis
By Vehicle Type, In 2022, the Passenger cars segment dominated the global market with a market share of xx percent. The segment is expected to grow at a 7.2 % CAGR during the forecast period. Implications of advanced driver assistance systems are the main factor influencing the primary market share and passenger car growth. Manufacturers invest mostly in new vehicle technologies which have contributed to the increase in the automotive industry and the market for the Brake System. Moreover, the Brake System segment is expected to be driven further by the rising use of electronic frequencies. Although in Europe and North America electronic brakes are common, the prevalence of such brakes in Asia is rising. By Actuation, Hydraulic brakes are used in all passenger automobiles and light commercial vehicles. Because passenger automobiles are made of light materials and have a low total weight, this braking system works effectively. Hydraulic brakes take up less room in storage than pneumatic brakes, and because passenger automobiles have limited storage capacity, hydraulic brakes are the best alternative. Furthermore, due to easily available brake parts in the aftermarket, hydraulic braking systems are the most accessible systems to fix. The hydraulic brake market in the Asia Pacific is the largest. Because the hydraulic brake market is directly connected to vehicle manufacturing, China and India are expected to dominate the Asia Pacific market. In 2022, the hydraulic brake system segment dominated the global market with a market share of xx percent.
Regional Insights
In 2022, Asia Pacific dominated the market, with a CAGR of 6.7 percent expected during the forecast period. As more advanced safety electronic braking systems, like ABS, ESC, and TCS, are deployed, the market in the Asia Pacific is expected to grow. Furthermore, the region includes countries like China and India, which together produce about 34% of all vehicles. Thus, Active braking systems are gaining popularity, which is helping luxury and premium vehicle sales. North America is expected to increase at a CAGR of 4.7 percent during the forecast period. Since 2015, the required installation of ESC technology in all light cars has driven the regional market. According to a study conducted in France, the brake system may reduce injuries in 11 percent of accidents and fatalities by around 7%, causing the Brake System market to grow in the region.Brake System Market Scope: Inquire before buying
Brake System Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 21.74 Bn. Forecast Period 2023 to 2029 CAGR: 4.8% Market Size in 2029: US $ 30.19 Bn. Segments Covered: by Type Disc Drum by Technology Antilock Braking Systems (ABS) Electronic Stability Control (ESC) Traction Stability Control (TCS) Electronic Brake force Distribution (EBD) by Vehicle Type Passenger Car Light-commercial Vehicles (LCV) Truck Bus by Actuation Hydraulic Pneumatic 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)Key Players are:
1.Continental AG 2.Robert Bosch GmbH 3.ZF Friedrichshafen AG 4.AISIN SEIKI Co., Ltd 5.DENSO CORPORATION 6.AKEBONO BRAKE INDUSTRY CO., LTD 7.Wabco Holdings, Inc 8.Knorr-Bremse AG 9.Brembo S.p,A 10.Hitachi Astemo Ltd 11.Mando Corporation 12.Haldex AB 13.Wabco Holdings, Inc 14.Delphi Automotive PLC 15.Hitachi Automotive Systems, LtdFrequently Asked Questions
1. What is the projected market size & growth rate of the Global Brake System Market? Ans- Brake System Market was valued at USD 21.74 Billion in 2022 and is projected to reach USD 30.19 Billion by 2029, growing at a CAGR of 4.8% during the forecast period. 2. What are the key driving factors for the growth of the Global Brake System Market? Ans- Increased automotive production and sales as well as increased demand for electric vehicles is expected to boost the brake system market during the forecast period. 3. Which region accounted for the largest Global Brake System market share? Ans- In 2022, Asia Pacific dominated the market, with a CAGR of 6.7 percent expected during the forecast period. As more advanced safety electronic braking systems, like ABS, ESC, and TCS, are deployed, the market in Asia Pacific is expected to grow. 4. What Makes North America a Lucrative Market for the Global Brake System market? Ans- North America is expected to increase at a CAGR of 4.7 percent during the forecast period. Since 2016, the required installation of ESC technology in all light cars has driven the regional market. 5. What are the top players operating in the Global Brake System Market? Ans- The major players operating in the WES market include Continental AG, AKEBONO BRAKE INDUSTRY CO., LTD, Robert Bosch GmbH, ZF Friedrichshafen AG, AISIN SEIKI Co., Ltd, DENSO CORPORATION, Wabco Holdings, Inc.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 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 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Brake System Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Brake System Market 3.4. Geographical Snapshot of the Brake System Market , By Manufacturer share 4. Global Brake System Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Brake System Market 5. Supply Side and Demand Side Indicators 6. Global Brake System Market Analysis and Forecast, 2022-2029 6.1. Global Brake System Market Size & Y-o-Y Growth Analysis. 7. Global Brake System Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Disc 7.1.2. Drum 7.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 7.2.1. Antilock Braking Systems (ABS) 7.2.2. Electronic Stability Control (ESC) 7.2.3. Traction Stability Control (TCS) 7.2.4. Electronic Brake force Distribution (EBD) 7.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 7.3.1. Passenger Car 7.3.2. Light-commercial Vehicles (LCV) 7.3.3. Truck 7.3.4. Bus 7.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 7.4.1. Hydraulic 7.4.2. Pneumatic 8. Global Brake System Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Brake System Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Disc 9.1.2. Drum 9.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 9.2.1. Antilock Braking Systems (ABS) 9.2.2. Electronic Stability Control (ESC) 9.2.3. Traction Stability Control (TCS) 9.2.4. Electronic Brake force Distribution (EBD) 9.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 9.3.1. Passenger Car 9.3.2. Light-commercial Vehicles (LCV) 9.3.3. Truck 9.3.4. Bus 9.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 9.4.1. Hydraulic 9.4.2. Pneumatic 10. North America Brake System Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Brake System Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 11.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 12. Canada Brake System Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 12.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 13. Mexico Brake System Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 13.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 14. Europe Brake System Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 14.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 15. Europe Brake System Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Brake System Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 16.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 17. France Brake System Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 17.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 18. Germany Brake System Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 18.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 19. Italy Brake System Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 19.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 20. Spain Brake System Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 20.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 21. Sweden Brake System Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 21.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 22. CIS Countries Brake System Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 22.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 23. Rest of Europe Brake System Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 23.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 24. Asia Pacific Brake System Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 24.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 25. Asia Pacific Brake System Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Brake System Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 26.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 27. India Brake System Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 27.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 28. Japan Brake System Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 28.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 29. South Korea Brake System Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 29.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 30. Australia Brake System Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 30.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 31. ASEAN Brake System Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 31.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 32. Rest of Asia Pacific Brake System Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 32.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 33. Middle East Africa Brake System Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 33.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 34. Middle East Africa Brake System Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Brake System Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 35.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 36. GCC Countries Brake System Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 36.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 37. Egypt Brake System Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 37.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 38. Nigeria Brake System Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 38.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 39. Rest of ME&A Brake System Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 39.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 40. South America Brake System Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 40.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 41. South America Brake System Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Brake System Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 42.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 43. Argentina Brake System Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 43.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 44. Rest of South America Brake System Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 44.4. Market Size (Value) Estimates & Forecast By Actuation, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Brake System Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. Continental AG 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Continental AG 45.5. AKEBONO BRAKE INDUSTRY CO., LTD 45.6. Robert Bosch GmbH 45.7. ZF Friedrichshafen AG 45.8. AISIN SEIKI Co., Ltd 45.9. DENSO CORPORATION 45.10. Wabco Holdings, Inc 45.11. Knorr-Bremse AG 45.12. Brembo S.p,A 45.13. Hitachi Astemo Ltd 45.14. Mando Corporation 45.15. Haldex AB 45.16. Wabco Holdings, Inc 45.17. Delphi Automotive PLC 45.18. Hitachi Automotive Systems, Ltd 46.Primary Key Insights