DUBLIN--(BUSINESS WIRE)--The "Air Brake System - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to this report, the Global Air Brake System market accounted for $3.96 billion in 2017 and is expected to reach $6.23 billion by 2026 growing at a CAGR of 5.2% during the forecast period.
Growing population around the globe, increasing demand for heavy-duty trucks, rising number of railways and high growth in urbanization are some of the key factors fuelling the market growth. However, factors such as high cost and rising focus on electric trucks and buses are hindering the growth of the market.
By component, storage tank segment is expected to have a significant growth during the forecast period. Air storage tanks are used to hold compressed air. The number and size of air tanks varies among vehicles. The tanks hold enough air to allow the brakes to be used several times, even if the compressor stops working.
Based on geography, Asia Pacific holds the largest market share during the forecast period owing to rising population and urbanization and consumers shifting focus towards vehicle safety.
What the report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
5 Global Air Brake System Market, By Component
5.1 Introduction
5.2 Air Dryer
5.3 Brake Chamber
5.4 Compressor
5.5 Foot Valve
5.6 Governor
5.7 Slake Adjuster
5.8 Storage Tank
6 Global Air Brake System Market, By Brake Type
6.1 Introduction
6.2 Air Disc Brake
6.3 Air Drum Brake
7 Global Air Brake System Market, By Application
7.1 Introduction
7.2 Heavy Commercial Vehicles (HCVs)
7.3 Light Commercial Vehicles (LCVs)
7.4 Passenger Cars
8 Global Air Brake System Market, By Geography
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia-Pacific
8.5 South America
8.6 Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Aventics
10.2 Federal-Mogul
10.3 Fort Garry Industries
10.4 Fritec
10.5 Haldex
10.6 Knorr-Bremse
10.7 Kongsberg
10.8 Mahle Aftermarket
10.9 Meritor
10.10 Nabtesco
10.11 Sealco
10.12 Silverbackhd
10.13 Sorl Auto Parts
10.14 TSE Brakes
10.15 Wabco
10.16 Wabtec
10.17 ZF
10.18 Tata Autocomp
10.19 MEI Brakes
For more information about this report visit https://www.researchandmarkets.com/r/odg9pv
