Automotive Brake Systems Market Size & Forecast
Report, 2014 - 2025
Global Automotive Brake Systems Market is predicted to reach USD 31.11 billion by 2025 owing to the
increasing vehicle production due to the growing demand from consumers. Automotive brake systems
are the technologies that combine brake controls and sensors to avoid high-speed road accidents. Some
automotive brake systems are designed to simply reduce the speed of vehicles before hitting a roadblock
while some brake systems completely avert the mishaps. Since high-speed collisions are more dangerous
than the low-speed collisions, automotive braking systems saves lives and reduces the vehicle damage
during a mishap.
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Most systems offer braking support to the driver while others adeptly activate the brakes with no driver
input. Other factors like government regulations on reducing stopping distances, New Car Assessment
Program (NCAP), safety rating certifications, and instructions on installation of electronic brake systems
are increasing the demand for disc brakes and other automatic brake systems.
The automotive brake systems market comprises disc brakes and drum brakes. The disc brakes include a
rotor or a disc, disc brake pads, a caliper assembly, the wheel bearings and the hardware required to
organize the components on the vehicle. The master cylinders are connected to the caliper through tubes,
valves and hoses that conduct brake fluid via system. The drum brakes include a drum and backing plate,
an axle assembly or a hub, wheel cylinder, wheel bearings, brake shoes and hardware required to
organize these components on the vehicle. The master cylinder is connected to the wheel cylinder via
tubes, valves and hoses that conduct brake fluid via system.
“Global Automotive Brake Systems Market is predicted to reach USD 31.11 billion by 2025
owing to the increasing vehicle p