Global Automotive Brake Actuation Systems Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Component;

Brake booster, Tandem master cylinder (TMCs) and Brake fluid reservoir.

By Vehicle Type;

Passenger Vehicle, Light Commercial Vehicle and Heavy Commercial Vehicle.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn971661564 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Automotive Brake Actuation Systems Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Brake Actuation Systems Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

Automotive actuators indeed play a crucial role in ensuring the safe operation of various systems within vehicles. The brake actuation system, in particular, is vital for maintaining balance and preventing skidding, especially in front-wheel-drive cars where the front wheels bear a significant portion of the vehicle's weight.

By ensuring that the front and rear brakes are applied simultaneously, the brake actuation system helps in distributing braking force evenly across all wheels, thereby minimizing the risk of imbalance and skidding. Additionally, modern brake actuation systems often integrate advanced features like electronic brake force distribution (EBD), traction control system (TC), hydraulic brake assist (HBA), and cornering brake control (CBC). These features further enhance the vehicle's stability and control during braking, especially in challenging road conditions or emergency situations.

With increasing concerns about vehicle safety worldwide, the adoption of advanced brake actuation systems by OEMs and users is on the rise. These systems not only improve the overall safety performance of vehicles but also contribute to a more comfortable and confident driving experience. As technology continues to evolve, we can expect further advancements in automotive actuators and brake systems to address emerging safety challenges on the road.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Region
  4. Global Automotive Brake Actuation Systems Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Stringent Safety Regulations
        2. Increasing Vehicle Production
        3. Rising Focus on Vehicle Safety
        4. Focus on Fuel Efficiency
        5. Shift Towards Electric Vehicles (EVs) and Autonomous Vehicles (AVs)
      2. Restraints
        1. Compatibility Issues
        2. Regulatory Compliance
        3. Dependency on Supply Chain
        4. Consumer Acceptance and Education
      3. Opportunities
        1. R&D Investments and Partnerships
        2. Aftermarket Expansion
        3. Growing Demand for Advanced Safety Features
        4. Integration of Autonomous Driving Technologies
      4. PEST Analysis
        1. Political Analysis
        2. Economic Analysis
        3. Social Analysis
        4. Technological Analysis
      5. Porter's Analysis
        1. Bargaining Power of Suppliers
        2. Bargaining Power of Buyers
        3. Threat of Substitutes
        4. Threat of New Entrants
        5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Brake Actuation Systems Market, By Component, 2022 - 2032 (USD Million)
      1. Brake booster
      2. Tandem master cylinder (TMCs)
      3. Brake fluid reservoir
    2. Global Automotive Brake Actuation Systems Market, By Vehicle Type, 2022 - 2032 (USD Million)
      1. Passenger Vehicle
      2. Light Commercial Vehicle
      3. Heavy Commercial Vehicle
    3. Global Automotive Brake Actuation Systems Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Continental AG
      2. ZF TRW
      3. MICO
      4. Delphi Automotive PLC
      5. Magneti Marelli S.P.A
      6. Valeo S.A.
  7. Analyst Views
  8. Future Outlook of the Market

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