Automotive Brake System Market - Industry Dynamics, Market Size and Opportunity Forecast To 2033

Automotive Brake System Market: By Type (Disc Brakes and Drum Brakes); Brake Component (Brake Calipers, Brake Pads, Brake Shoes, Brake Rotors/Discs, Brake Drums, Brake Booster, Brake Master Cylinder, Electronic Control Unit (ECU), Vacuum Pumps, Others); Technology (Anti-lock Braking System (ABS), Electronic Stability Control (ESC), Traction Control System (TCS), Electronic Brake-force Distribution (EBD), Regenerative Braking System (RBS)); Actuation Type (Hydraulic Brake Systems, Pneumatic Brake Systems); Brake Material (Cast Iron, Ceramic, Carbon-Carbon, Steel, Composite Materials); Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Electric Vehicles (EVs)); Sales Channel (Original Equipment Manufacturer (OEM) and Aftermarket); Region—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2025–2033

Automotive brake system market was valued at US$ 24.34 billion in 2024 and is projected to hit the market valuation of US$ 38.35 billion by 2033 at a CAGR of 5.85% during the forecast period 2025–2033. Read More

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• Last Updated: 27-Feb-2025  |  Format:  |  Report ID: AA02251211