Automotive Vacuumless Braking Market - Growth, Trends, and Forecasts (2020 - 2025)
|出版商||Mordor Intelligence LLP||商品編碼||946169|
|出版日期||內容資訊||英文 90 Pages
|汽車用負壓剎車市場-成長，趨勢，預測(2020年∼2025年) Automotive Vacuumless Braking Market - Growth, Trends, and Forecasts (2020 - 2025)|
|出版日期: 2020年06月01日||內容資訊: 英文 90 Pages|
The automotive vacuumless braking market is poised to register a CAGR of over 5% during the forecast period (2020-2025).
Passenger Cars is expected to hold the major share in Vacuumless Braking Market
Leading vehicle manufacturers are adopting vacuumless braking in their current and upcoming models for enhanced safety, and brake manufacturers are developing new technologies to make the driver experience safer. For instance, in 2019, the ZF Integrated Brake Control system is adopted in the 2019 Chevrolet Silverado. ZF IBC is a vacuum-less technology that uses a simplified brake system's architecture which enhances the performance of the vehicle. This module replaces the need for electronic stability control systems, vacuum booster, cables, sensors, switches, electronic controllers, and vacuum pumps.
Whereas many old vehicles are being recalled in recent years due to brake malfunctioning, this signifies that there is a huge demand of advance and efficient braking systems for the passenger vehicles to drive safely and confidently in the roads. For instance,
In 2019, General Motors has recalled over 3.4 million pickup trucks and SUVs in the United States to solve a brake problem. The recall includes 2015 to 2017Cadillac Escalade, and the GMC Yukon and Chevy Suburban and Tahoe from 2015 through 2018.
Asia-Pacific being the Fastest Growing Market
In the automotive vacuumless braking market, the growth of the Asia-Pacific region is expected to be more during the forecast period. China, India, and Japan are the major economies in the regional market that are anticipated to grow at a faster rate in the global market. China is one of the biggest automotive markets in the world. The growing population and rising disposable incomes of people in China have increased the demand for vehicles in the country. Additionally, the low production costs in China have favored the growth of vehicle manufacturing in China. In 2019, China produced 25.62 million passenger and commercial vehicles.
The automotive vacuumless braking manufacturers are doing partnerships with other market participants to develop next-generation braking systems for their future vehicles. For instance,
The automotive vacuumless braking market is consolidated and majorly dominated by few players, such as Robert Bosch Gmbh, Brembo S.p.A., Continental AG, and Aptiv PLC amongst others. The market is highly driven by factors like advanced technology, growing investment in R&D projects, and growing market of electric and autonomous vehicles. To provide more quick brake response to the driver major automotive vacuumless braking manufacturers are developing future brake technology and expanding their market reach. For instance,