Auto Industry News
Auto Bailout News
Auto Magazines
Auto Show News
Car Dealers News
|
Home | Automotive News | Submit Press Release |
(I-AutoNewsWire.com, October 11, 2018 ) The air brake market is gaining momentum with the increasing vehicle safety concerns among end-users driving air brake manufacturers to deliver advanced features of air braking systems. Manufacturers in the Air Brake Market are enhancing the features of air brakes, such as brake failure warning system, to attract a larger customer base across the globe. Leading market players in the air brake market are investing heavily in R&D to boost innovation and maintain a stronger position in the highly competitive air brake market. Introducing software updates to air brakes, which can improve the performance of braking systems, is likely to become a popular trend in the air brake market in the coming future.
Request a sample of the Air Brake Market report: https://www.factmr.com/connectus/sample?flag=S&rep_id=889
Apart from leveraging advanced technologies to enhance air brake features, leading market players in the air brake market are adopting innovative marketing strategies to attract end-users’ attention. Introducing air brake pad repair kits is emerging as a popular trend among manufacturers and distributors in the air brake market. Eventually, leading manufacturers are collaborating with distributors and automotive part suppliers in the automotive aftermarket industry to boost their sales across the world. Despite the stringent regulations, leading manufacturers are adopting advanced technologies to redefine the growth prospects of the air brake market in the upcoming years.
Air Brake Market: Introduction
Air brakes are a type of brake system which use compressed air to stop vehicles. Air brakes are predominantly used for stopping large and heavy vehicles. Air brakes can be used as three different braking systems: service brakes, parking brakes and emergency brakes. Moreover, air brake systems consist of many components, such as air compressor, air compressor governor, air storage tanks, air tank drains, safety valve and the brake pedal. Furthermore, most of the heavy-duty vehicles use the dual air brake systems for safety. A dual air brake system has two separate air brake systems and uses a single set of brake controls. Air brakes can either be a disc or drum, which can be coupled with the ABS (anti-lock braking system) technology to improve the efficiency of the braking system. Usually, air brakes are used in place of conventional hydraulic systems in areas where there is requirement for high mechanical braking force over long distances and simplified connections and components. There are braking systems available in the market space which incorporate both air as well as hydraulic systems for improved braking performance. Furthermore, manufacturers of air brakes are constantly focusing on downsizing air brake systems alongside improving their performance characterizes, this is expected to open new horizons for the augmentation of the air brake market in the coming years.
Air Brake Market: Dynamics
The air brake market is directly dependent on vehicle production across the globe. With increasing vehicle production, the demand for advanced braking systems is expected to ramp up in the coming years. This is expected to promote the growth of the air brake market over the forecast period. Moreover, manufacturers are focusing on introducing advanced technology air brakes coupled with electronic systems, such as ABS and ESC, among others. This is expected to further boost the growth of the air brake market over the coming years.
To know more information about Air Brake Market, Click: https://www.factmr.com/report/889/air-brake-market
Air Brake Market: Segmentation
On the basis of brake type, air brake market can be segmented into:
Disc Brakes Drum Brakes On the basis of Vehicle type, air brake market can be segmented into:
Passenger Cars Light Commercial Vehicle Heavy Commercial Vehicle Air Brake Market: Key Participants
Some of the key participants identified across the value chain of the air brake market are:
Knorr-Bremse AG WABCO Haldex Europe SAS Bendix Commercial Vehicle Systems LLC Minda Nabtesco Automotive (P) LTD. Anand Group SORL Auto Parts, Inc. Fricción y Tecnología, S.A. de C.V. Brakes India Limited Airmaster Brake Systems YPS Global Otomotiv ?ç ve D?? Ticaret A.?. YUMAK Air Brake Systems The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
Market Segments Market Dynamics Market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies involved Technology Value Chain Regional analysis includes:
North America (U.S., Canada) Latin America (Mexico, Brazil) Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Rest of Western Europe) Eastern Europe (Poland, Russia, Rest of Eastern Europe) South East Asia & Pacific (Thailand, Malaysia, Philippines, Singapore, Indonesia, Australia and New Zealand, Rest of South East Asia & Pacific) Japan India China Middle East and Africa (GCC Countries, S. Africa, Northern Africa) The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market Changing market dynamics in the industry In-depth market segmentation Historical, current, and projected market size in terms of volume and value Recent industry trends and developments Competitive landscape Strategies of key players and products offered Potential and niche segments, geographical regions exhibiting promising growth A neutral perspective on market performance Must-have information for market players to sustain and enhance their market footprint For any query get connect with an Analyst: https://www.factmr.com/connectus/sample?flag=AE&rep_id=889
About FactMR FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us FactMR 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Email: sales@factmr.com Web: https://www.factmr.com/ Follow Us on Linkedin: https://www.linkedin.com/company/factmr/
Fact.MR
James Hilton
+353-1-6111-593
info@factmr.com
Source: EmailWire.Com
Source: EmailWire.com
|