Air Brake System Market Overview:

Compressor, air filter, reservoir, valves, and brake pads are among the components of the air brake system. It consists of three brake systems: the service brake, the parking brake, and the emergency brake. The system is much more powerful than a mechanical or hydraulic brake and can be installed on any chassis easily. Generally, air braking systems consist of a piston driven by compressed air from a reservoir connected to brake cylinders; another system consists of a flap or surface that is mechanically projected into the airstream to increase resistance to air and reduce vehicle speed. Race cars and aircraft use these. Compressors, governors, storage tanks, air dryers, foot valves, and brake chambers comprise the market by component. According to the type of brake, the market is divided into Air Discs and Air Drums.

During the forecast period, sales & production of off-highway trucks and commercial vehicles are expected to fuel the Air Brake System Market, as well as the protective nature of air brakes over hydraulic brakes. There is a lucrative opportunity for the market in metro rail projects across various developing nations. With technological advancements and the introduction of automation in the railway industry, more advanced safety components are required.
Manufacturing companies develop new and advanced components like braking systems for railways and high-speed trains to assure safety and maintain control. Railways have been improved and advanced by governments around the world, resulting in an increase in their numbers. This has led to an increase in the number of railways and high-speed trains during the forecast period, resulting in a growing market for air brake systems worldwide.

With the advent of IoT and AI, the automotive industry is bound to showcase significant growth in the upcoming years. The rise in the manufacturing of autonomous vehicles, the customers obtaining predictive maintenance data, understanding traffic dynamics are some of the factors that have resulted in the significant growth of the automotive industry. Furthermore, many car dealers are using latest technologies like augmented reality which enhances the buying experience of consumers. Major car manufacturers are slowly adopting Air Brake System owing to the air pollution caused by gasoline and diesel vehicles which has opened new opportunities for emerging players to establish their position in the market.

The Air Brake System Market assessment is performed taking various factors in consideration, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial and opportunity analysis of market players. The Air Brake System Market is also evaluated based on the regional segmentation, product type or technique, end user spectrum, etc. This research will be conducted with the implementation of latest market research methodologies which shall help organizations comprehend the overall market scenario and strategize accordingly.

Major players included in the Air Brake System Market:

• Knorr-Bremse

• Wabco

• Meritor

• Haldex

• ZF

• Wabtec

• Nabtesco

• TSE Brakes

• Federal-Mogul

• Sorl Auto Parts

• Sealco

• Silverbackhd

• Fort Garry Industries

• Fritec

• Mahle Aftermarket

(Note: The list of the major players will be updated with the latest market scenario and trends)

Air Brake System Market Segmentation:

By Component

• Governor

• Storage Tank

• Air Dryer

• Foot Valve

• Brake Chamber

• Slake Adjuster

By Brake Type

• Air Drum Brake

• Air Disc Brake

By Vehicle Type

• Rigid Body Truck

• Heavy-Duty Truck

• Semi-Trailer

• Bus

By Construction and Mining Trucks Component

• Compressor

• Governor

• Storage Tank

• Air Dryer

• Foot Valve

• Brake Chamber

• Slake Adjuster

By Rolling Stock Component

• Compressor

• Storage Tank

• Driver’s Brake Valve

• Brake Cylinder

• Brake Pipe

By Region

• North America

• Europe

• Asia-Pacific

• Latin America

• Middle East and Africa

Air Brake System Market Competitive Analysis:

• Tier-1 Players

• Tier-2 Players

• Emerging Players

• New Entrants

Future Market Analytics Focus Points:

• SWOT Analysis

• Key Market Trends

• Key Data -Points Affecting Market Growth

• Revenue and Forecast Analysis

• Growth Opportunities For New Entrants and Emerging Players

• Key Player and Market Growth Matrix 

Objectives of the Study:

• To provide a comprehensive analysis on the Air Brake System Market by component, by brake type, by vehicle type, by construction and mining trucks component, by rolling stock component and by region

• To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)

• To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa

• To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players

In case of any requirements or changes to the current table of content please contact us at:
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Description

1. Market Introduction

    1.1. Objectives of the Study 

    1.2. Market Definition 

    1.3. Market Scope 

         1.3.1 Years Considered for the Study

         1.3.2 Market Covered

    1.4. Currency

    1.5. Limitations 

    1.6. Stakeholders 

2. Research Methodology 

    2.1. Research Data 

         2.1.1. Secondary Data

                2.1.1.1. Key Data from Secondary Sources

         2.1.2. Primary Data

                2.1.2.1. Key Data from Primary Sources

    2.2. Market Size Estimation 

    2.3. Market Breakdown and Data Triangulation 

    2.4. Assumptions for the Study  

3. Executive Summary

    3.1. Market Outlook

    3.2. Segment Outlook

    3.3. Competitive Insights

4. Market Variables, Trends & Scope

    4.1. Market Lineage Outlook

    4.2. Penetration and Growth Prospect Mapping

    4.3. Industry Value Chain Analysis

    4.4. Cost Analysis Breakdown

    4.5. Technology Overview

    4.6. Regulatory Framework on Country Level

         4.6.1. Reimbursement Framework

         4.6.2. Standards and Compliances

5. Market Overview

    5.1. Market Dynamics

         5.1.1. Market Driver Analysis

         5.1.2. Market Restraint Analysis

         5.1.3. Industry Challenges

6. Market Analysis Tools

    6.1. Industry Analysis – Porter’s

         6.1.1. Supplier Power

         6.1.2. Buyer Power

         6.1.3. Substitution Threat

         6.1.4. Threat from new entrants

         6.1.5. Competitive Rivalry

    6.2. Pestel Analysis

         6.2.1. Political Landscape

         6.2.2. Environmental Landscape

         6.2.3. Social landscape

         6.2.4. Technology landscape

         6.2.5. Legal Landscape

7. Air Brake System Market, By Component Historical Analysis 2016-2020 and Forecast 2022-2028 (USD million)

    7.1. Governor

    7.2. Storage Tank

    7.3. Air Dryer

    7.4. Foot Valve

    7.5. Brake Chamber

    7.6. Slake Adjuster

8. Air Brake System Market, By Brake Type Historical Analysis 2016-2020 and Forecast 2022-2028 (USD million)

    8.1. Air Drum Brake

    8.2. Air Disc Brake

9. Air Brake System Market, By Vehicle Type Historical Analysis 2016-2020 and Forecast 2022-2028 (USD million)

    9.1. Rigid Body Truck

    9.2. Heavy-Duty Truck

    9.3. Semi-Trailer

    9.4. Bus

10. Air Brake System Market, By Construction and Mining Trucks Component Historical Analysis 2016-2020 and Forecast 2022-2028 (USD million)

    10.1. Compressor

    10.2. Governor

    10.3. Storage Tank

    10.4. Air Dryer

    10.5. Foot Valve

    10.6. Brake Chamber

    10.7. Slake Adjuster

11. Air Brake System Market, By Rolling Stock Component Historical Analysis 2016-2020 and Forecast 2022-2028 (USD million)

    11.1. Compressor

    11.2. Storage Tank

    11.3. Driver’s Brake Valve

    11.4. Brake Cylinder

    11.5. Brake Pipe

12. North America Market Analysis 2016-2020 and Forecast 2022-2028 (USD Million)

    12.1. Introduction

    12.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020

          12.2.1. U.S.

          12.2.2. Canada

          12.2.3. Mexico

          12.2.4. Rest of North America

    12.3. Market Size (USD Mn) Forecast for North America 2022-2028

13. Latin America Market Analysis 2016-2020 and Forecast 2022-2028 (USD Million)

    13.1. Introduction

    13.2. Regional Market Trends

    13.3. Historical Market Size (USD Mn) Analysis By Country, 2016-2020

          13.3.1. Brazil

          13.3.2. Venezuela

          13.3.3. Argentina

          13.3.4. Rest of Latin America

    13.4 Market Size (USD Mn) Forecast for Latin America 2022-2028

14. Europe Market Analysis 2016-2020 and Forecast 2022-2028 (USD Million)

    14.1. Introduction

    14.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020

          14.2.1. Germany

          14.2.2. U.K

          14.2.3. France

          14.2.4. Italy

          14.2.5. Switzerland

          14.2.6. Spain

          14.2.7. Russia

          14.2.8. Poland

          14.2.9. Rest of Europe

    14.3. Market Size (USD Mn) Forecast for Europe 2022-2028

15. Asia Pacific Market Analysis 2016-2020 and Forecast 2022-2028 (USD Million)

    15.1. Introduction

    15.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020

          15.2.1. Japan

          15.2.2. China

          15.2.3. Singapore

          15.2.4. Korea         

          15.2.5. India

          15.2.6. Australia and New Zealand

          15.2.7. ASEAN

          15.2.8. Rest of Asia Pacific

    15.3. Market Size (USD Mn) Forecast for Asia Pacific 2022-2028

16. Middle East and Africa Market Analysis 2016-2020 and Forecast 2022-2028 (USD Million)

    16.1. Introduction

    16.2. Historical Market Size (USD Mn) Analysis By Country, 2016-2020

          16.2.1. UAE

          16.2.2. South Africa

          16.2.3. Egypt

          16.2.4. Saudi Arabia

          16.2.5. Rest of MEA

    16.3. Market Size (USD Mn) Forecast for MEA 2022-2028

17. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Type and Technology Portfolio, Financial Layouts)

    17.1. Knorr-Bremse

           17.1.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.1.2. Product Portfolio

           17.1.3. SWOT Analysis

           17.1.4. Financial Overview

           17.1.5. Strategic Overview

    17.2. Wabco

           17.2.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.2.2. Product Portfolio

           17.2.3. SWOT Analysis

           17.2.4. Financial Overview

           17.2.5. Strategic Overview

    17.3. Meritor

           17.3.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.3.2. Product Portfolio

           17.3.3. SWOT Analysis

           17.3.4. Financial Overview

           17.3.5. Strategic Overview

    17.4. Haldex

           17.4.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.4.2. Product Portfolio

           17.4.3. SWOT Analysis

           17.4.4. Financial Overview

           17.4.5. Strategic Overview

    17.5. ZF

           17.5.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.5.2. Product Portfolio

           17.5.3. SWOT Analysis

           17.5.4. Financial Overview

           17.5.5. Strategic Overview

    17.6. Wabtec

           17.6.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.6.2. Product Portfolio

           17.6.3. SWOT Analysis

           17.6.4. Financial Overview

           17.6.5. Strategic Overview

    17.7. Nabtesco

           17.7.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.7.2. Product Portfolio

           17.7.3. SWOT Analysis

           17.7.4. Financial Overview

           17.7.5. Strategic Overview

    17.8. TSE Brakes

           17.8.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.8.2. Product Portfolio

           17.8.3. SWOT Analysis

           17.8.4. Financial Overview

           17.8.5. Strategic Overview

    17.9. Federal-Mogul

           17.9.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.9.2. Product Portfolio

           17.9.3. SWOT Analysis

           17.9.4. Financial Overview

           17.9.5. Strategic Overview

    17.10. Sorl Auto Parts

           17.10.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.10.2. Product Portfolio

           17.10.3. SWOT Analysis

           17.10.4. Financial Overview

           17.10.5. Strategic Overview

    17.11. Sealco

           17.11.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.11.2. Product Portfolio

           17.11.3. SWOT Analysis

           17.11.4. Financial Overview

           17.11.5. Strategic Overview

    17.12. Silverbackhd

           17.12.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.12.2. Product Portfolio

           17.12.3. SWOT Analysis

           17.12.4. Financial Overview

           17.12.5. Strategic Overview

    17.13. Fort Garry Industries

           17.13.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.13.2. Product Portfolio

           17.13.3. SWOT Analysis

           17.13.4. Financial Overview

           17.13.5. Strategic Overview

    17.14. Fritec

           17.14.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.14.2. Product Portfolio

           17.14.3. SWOT Analysis

           17.14.4. Financial Overview

           17.14.5. Strategic Overview

    17.15. Mahle Aftermarket

           17.15.1. Company Overview (HQ, Business Segments, Employee Strength)

           17.15.2. Product Portfolio

           17.15.3. SWOT Analysis

           17.15.4. Financial Overview

           17.15.5. Strategic Overview

(Note: The list of the major players will be updated with the latest market scenario and trends)

18. Impact of COVID-19

    18.1. Positive influence on the industry

    18.2. The financial disruption of the sector

    18.3. Impact of COVID-19 on emerging companies

    18.4. Significant mandates in the industry regulations initiated by administrations 

    18.5. The overall economic slowdown of the developing and developed nations

19. Competitive Intelligence and Competitive Matrix

    19.1. Competitive Intelligence

    19.2. Competitive Matrix

20. Major Deals and Strategic Alliances Analysis

    20.1. Joint ventures

    20.2. Mergers and acquisitions

    20.3. Licensing and partnerships 

    20.4. Technology Collaborations

    20.5. Strategic Divestments

    20.6. Market Entry Strategies

21. Relevant Case Studies and Latest News Updates

22. Key Market Takeaway Points from the Market Analysts at Future Market Analytics