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Automotive Hydraulic Brake Systems Market Share

Report ID: GMI11990
Published Date: Oct 2024
Report Format: PDF

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Automotive Hydraulic Brake Systems Market Share

Automotive Hydraulic Brake Systems Market Company Share Analysis, 2023

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

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of automotive hydraulic brake systems reached USD 12.5 billion in 2023 and is set to grow at a 5.2% CAGR from 2024 to 2032, driven by increasing vehicle production and sales.

The passenger vehicles segment accounted for over 55% of the market share in 2023 and is poised to exceed USD 11.2 billion by 2032, due to the adoption of advanced brake technologies to enhance safety and meet regulatory standards.

The OEM segment held 70.5% of the market share in 2023, benefiting from strong relationships with automakers and economies of scale, which enable cost-effective production and competitive pricing.

China accounted for 50% of the revenue share in 2023, bolstered by its strong manufacturing capabilities, rapid industrialization, and high domestic vehicle demand.

Major players in the industry include Aisin Seiki, Bosch, Brembo, Chassis Brakes International, Continental, Delphi, FTE Automotive, Haldex, Hitachi Automotive Systems, and ZF Friedrichshafen.