Automotive Hydraulic Brake Systems Market Size - By Component, By Brake, By Vehicle, By Sales Channel, Share, Growth Forecast, 2024 - 2032

Automotive Hydraulic Brake Systems Market Size

The global automotive hydraulic brake systems market size was valued at USD 12.5 billion in 2023 and is projected to grow at a CAGR of 5.2% between 2024 and 2032, driven by increasing vehicle production and sales. As global economies, especially in regions like Asia-Pacific and Latin America, develop, disposable incomes and urbanization rise. This has led to higher demand for passenger and commercial vehicles.
 

Countries such as China, India, and Indonesia have seen significant growth in vehicle production and sales due to expanding middle-class populations and the need for personal mobility. According to OICA 2023, China leads with 30.16 million vehicles, a 12% increase. The United States produced 10.6 million vehicles, up by 6%, and Japan produced 8.99 million vehicles, a 15% rise. India also grew by 7%, producing 5.85 million vehicles.
 

Additionally, rising awareness of vehicle safety, strict government regulations, and consumer demand for better braking performance are pushing manufacturers to adopt advanced hydraulic brake technologies. This trend is boosting automotive hydraulic brake systems market growth as automakers rely on efficient hydraulic brake systems to ensure vehicle safety and meet regulations, especially in regions with strict safety standards like Europe and North America. The combined impact of increasing vehicle production and sales across different segments—passenger cars, light commercial vehicles, and heavy-duty trucks—is a key factor driving the global expansion of the market.
 

Automotive Hydraulic Brake Systems Market Trends

Advanced driver assistance systems (ADAS) are changing the automotive hydraulic brake systems industry. Technologies such as adaptive cruise control, automatic emergency braking, and lane-keeping assistance require responsive braking systems for safety. As vehicles advance, there's a growing need for hydraulic brakes that work with sensors, cameras, and electronic control units (ECUs). These systems help drivers avoid accidents, maintain control, and improve the driving experience by adjusting brake force when necessary.
 

Regulatory pressures and consumer demands for safety are key drivers of ADAS integration. In regions like Europe and North America, safety regulations are becoming stricter. For example, the European Union requires new cars to have features like emergency braking and lane-keeping assist by 2024. This has led to more adoption of hydraulic brake systems that support these technologies.
 

The rise of electric and autonomous vehicles is also boosting the integration of ADAS with hydraulic brake systems. Electric vehicles (EVs) often have regenerative braking systems that work with traditional hydraulic brakes. This combination allows ADAS to improve energy efficiency and ensure quick stops in emergencies.
 

However, the increasing use of EVs with regenerative braking systems is a challenge for the traditional hydraulic brake systems market. Regenerative braking lets EVs capture and store energy during deceleration, reducing the need for conventional hydraulic brakes in normal driving. This technology improves energy efficiency and reduces wear on traditional brake components.
 

Automotive Hydraulic Brake Systems Market Analysis

Based on vehicles, the market is segmented into passenger vehicles, commercial vehicles, and electric vehicles. In 2023, the passenger vehicles segment accounted for over 55% of the market share and is expected to exceed USD 11.2 billion by 2032. Passenger vehicles, the leading segment of the automotive industry, are increasingly using advanced brake technologies to improve safety and meet strict regulations. Manufacturers prefer hydraulic brake systems over mechanical ones because they offer better stopping power, control, and consistent performance.
 

Additionally, the focus on comfort and driving experience has led to innovations like anti-lock braking systems (ABS) and electronic stability control (ESC). These features highlight the importance of hydraulic systems in passenger vehicles and secure their significant market share in the automotive sector, enhancing overall vehicle safety and performance.
 

Based on the sales channel, the automotive hydraulic brake systems market is divided into OEM and aftermarket. The OEM segment held 70.5% of the market share in 2023, due to their strong relationships with automakers and their ability to integrate advanced technologies. They benefit from economies of scale, which allows for cost-effective production and competitive pricing.
 

OEMs also invest heavily in research and development, enabling them to innovate and meet evolving safety and performance standards. Their reputation for quality and reliability makes them the preferred choice for automakers, ensuring vehicle safety and regulatory compliance. Long-term contracts and collaborations with automotive manufacturers further strengthen their position, creating a stable demand for OEM brake systems.
 

China automotive hydraulic brake systems market accounted for 50% of the revenue share in 2023, owing to its strong manufacturing capabilities, rapid industrialization, and high domestic vehicle demand. As the world's largest automotive market, China benefits from a solid supply chain and significant investments in technology and infrastructure. Many OEMs and tier-one suppliers in China produce hydraulic brake systems, offering competitive pricing and innovation. Government policies promoting electric vehicles (EVs) and improving road safety standards have also boosted the adoption of advanced braking technologies, strengthening China's position in the region.
 

In North America, the automotive hydraulic brake systems market is supported by a well-established automotive industry, with major contributions from the U.S. and Mexico. The region has a strong presence of OEMs and aftermarket suppliers who focus on innovation and meeting strict safety regulations. The shift towards electric and autonomous vehicles has increased the demand for advanced braking technologies, such as regenerative braking systems. Collaboration between manufacturers and technology providers speeds up the development and deployment of new brake solutions, keeping North America competitive.
 

Europe is a key player in the automotive hydraulic brake systems market, known for its strict safety regulations and focus on sustainability. The region hosts several leading automotive manufacturers and suppliers who prioritize advanced technology, resulting in high-quality hydraulic brake systems. The move towards electric and hybrid vehicles has driven innovation in brake technologies, with a focus on efficiency and performance. European manufacturers lead in R&D, introducing cutting-edge solutions that meet regulatory standards and consumer expectations. The market's maturity and preference for premium vehicles also maintain the demand for high-performance hydraulic brake systems in Europe.
 

Automotive Hydraulic Brake Systems Market Share

The automotive hydraulic brake systems industry features a diverse range of competitors, including established organizations. Major companies such as Bosch, Continental, ZF Friedrichshafen, Aisin Seiki, Brembo, Hitachi Automotive Systems, and Delphi lead the market, using their extensive technology infrastructure, brand recognition, and large customer bases to provide comprehensive solutions, and these companies collectively held a substantial market share of 40% in the market in 2023.
 

Bosch uses its global manufacturing network and strong OEM partnerships to boost its competitive edge, ensuring efficient supply chains and responsive customer service. Bosch's focus on sustainability and braking solutions for electric and autonomous vehicles aligns with market trends, strengthening its leadership. Continental works closely with automakers to create tailored solutions that meet specific market demands. Its strong global presence and R&D capabilities allow it to quickly adapt to regulatory changes and consumer preferences, reinforcing its market dominance. Additionally, Continental's commitment to sustainability and vehicle electrification positions it well for future growth in the automotive industry.
 

Automotive Hydraulic Brake Systems Market Companies

Major players operating in the automotive hydraulic brake systems Industry are:

• Aisin Seiki
• Bosch
• Brembo
• Chassis Brakes International
• Continental
• Delphi
• FTE Automotive
• Haldex
• Hitachi Automotive Systems
• ZF Friedrichshafen
   

Automotive Hydraulic Brake Systems Industry News

• In December 2023, ZF Aftermarket significantly broadened its portfolio in the U.S. and Canada by launching new parts for its SACHS Continuous Damping Control (CDC) shocks and TRW brake components. This expansion enhances the company's product range and availability, catering to a growing demand for advanced suspension and braking solutions in the North American market.
   
• In November 2023, ZF Friedrichshafen AG, a prominent player in automotive technology, unveiled its latest innovation, a revolutionary brake-by-wire system designed for software-defined vehicles, at the Next Generation Mobility Day in Shanghai (China). By eliminating the need for hydraulic systems and brake fluid, ZF's brake-by-wire system offers unprecedented opportunities for design flexibility and development in the global automotive market.
   

The automotive hydraulic brake systems market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipment (Unit) from 2021 to 2032, for the following segments:

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Market, By Component

• Master cylinder
• Brake calipers
• Brake fluid
• Brake pads
• Brake rotors
• Brake hoses
• Others

Market, By Brake

• Disc brakes
• Drum brakes

Market, By Vehicle

• Passenger vehicles
  • Hatchback
  • Sedan
  • SUV
• Commercial vehicles
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)
• Electric vehicles
  • Battery Electric Vehicles (BEV)
  • Plug-in Hybrid Electric Vehicles (PHEV)
  • Hybrid Electric Vehicles (HEV)

Market, By Sales Channel

• OEM
  • Master cylinder
  • Brake calipers
  • Brake fluid
  • Brake pads
  • Brake rotors
  • Brake hoses
  • Others
• Aftermarket
  • Master cylinder
  • Brake calipers
  • Brake fluid
  • Brake pads
  • Brake rotors
  • Brake hoses
  • Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Nordics
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ANZ
  • Southeast Asia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • South Africa
  • UAE
  • Saudi Arabia