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Air Brake System market will register a 1.9% CAGR and ready to reach US$ 4200 million by 2024 explored in latest research

Automotive and Transportation

Air Brake System Market Covered By Top Key Players: Knorr-Bremse, Wabco, Haldex, Nabtesco-Automotive, Sorl Auto Parts, Aventics (Emerson), Tenneco (Federal-Mogul), MGM Brakes, Sealco, TSE Brakes, Fritec and Others

Air Brake System Market research report 2019-2024 presents a comprehensive study of the Air Brake System Market in Global Industry. Air brake system is a type of friction brake for vehicles in which compressed air pressing on a piston is used to apply the pressure to the brake pad needed to stop the vehicle.

Air brakes are used in large heavy vehicles, particularly those having multiple trailers which must be linked into the brake system, such as trucks, buses, trailers, and semi-trailers. Global Air Brake System Market: Forecast by Type: Type consists of Air Disc Brake and Air Drum Brake.

Air Disc Brake segment was estimated to account for a revenue share of 75.3% in 2018. Global Air Brake System Market: Forecast by Application: Application segment consists of Heavy Trucks and Trailers, Buses and Others.

Heavy Trucks and Trailers segment was estimated to account for a sales share of 63.3% in 2018.

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Air Brake System Market Top Key Players:

- Knorr-Bremse

- Wabco

- Haldex

- Nabtesco-Automotive

- Sorl Auto Parts

- Aventics (Emerson)

- Tenneco (Federal-Mogul)

- MGM Brakes

- Sealco

- TSE Brakes

- Fritec and others…

Segmentation by product type:

- Air Disc Brake

- Air Drum Brake

Segmentation by application:

- Heavy Trucks and Trailers

- Buses

- Others

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This report also splits the market by region:

- Americas: United States, Canada, Mexico, Brazil

- APAC: China, Japan, Korea, Southeast Asia, India, Australia

- Europe: Germany, France, UK, Italy, Russia, Spain

- Middle East & Africa: Egypt, South Africa, Israel, Turkey, GCC Countries

Research Objectives of The Report:

  • To study and analyse the global Air Brake System market size by key regions/countries, product type and application.
  • To understand the structure of Air Brake System market by identifying its various sub segments.
  • Focuses on the key global Air Brake System key players, to define, describe and analyse the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyse the Air Brake System market with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the size of Air Brake System submarkets, with respect to key regions (along with their respective key countries).
  • To analyse competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyse their growth strategies.

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Table of Contents:

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global Air Brake System Consumption 2014-2024

2.1.2 Air Brake System Consumption CAGR by Region

2.2 Air Brake System Segment by Type

2.2.1 Air Disc Brake

2.2.2 Air Drum Brake

2.3 Air Brake System Consumption by Type and others…

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