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Heavy-Duty Vehicle Braking System Market Analysis

  • Report ID: GMI12366
  • Published Date: Nov 2024
  • Report Format: PDF

Heavy-Duty Vehicle Braking System Market Analysis

Based on braking system, the market is segmented into disc brakes, drum brakes, electric brakes, hydraulic brakes. In 2024, the disc brakes segment accounted for over 42% of the market share and is expected to exceed USD 2.1 billion by 2034, disc brakes dissipate heat more effectively, which reduces the risk of brake fade critical for heavy-duty vehicles that often endure long routes and carry heavy loads. Their open design also allows for better water expulsion, which ensures reliable braking even in wet conditions, enhancing safety.
 

Additionally, disc brakes generally require less maintenance and offer longer lifespan under high-stress conditions, making them cost-effective for fleet operators. These advantages, coupled with rising safety standards and the need for improved braking response, have solidified disc brakes as the preferred choice across various heavy-duty vehicle applications.
 

Heavy-Duty Vehicle Braking System Market Share, By Sales Channel, 2024

Based on the sales channel, the heavy-duty vehicle braking systems market is divided into OEM and aftermarket. The agreed OEM segment held around 74% of the market share in 2024 due to several key factors, OEMs ensure that braking systems meet specific design, performance, and regulatory standards, which is essential for heavy-duty vehicles where safety and reliability are critical. These direct partnerships allow vehicle manufacturers to install fully compatible, certified braking systems from the start, reducing potential compatibility issues or the need for aftermarket modifications.
 

Additionally, OEM-installed braking systems often come with warranties and ongoing support, providing fleet operators with confidence in durability and maintenance. As safety regulations intensify, OEMs’ role grows stronger, as manufacturers increasingly seek reliable, compliant braking systems that can seamlessly integrate with modern technologies, such as ADAS, to enhance vehicle safety and performance.
 

Germany Heavy-Duty Vehicle Braking System Market, 2022 -2034, (USD Million)

Germany heavy-duty vehicle braking systems market accounted for 24% of the revenue share in 2024 and is expected to exceed USD 528.5 million by 2034, well-established automotive sector provides a solid base for both the production of commercial vehicles and the development of critical vehicle components like braking systems. Additionally, stringent EU safety regulations, such as the General Safety Regulation, drive the demand for advanced braking technologies, further bolstering Germany’s market leadership.
 

Asia Pacific holds a dominant region in the heavy-duty vehicle braking system market due to its robust manufacturing base in countries like China, Japan, and South Korea. The growing transportation, logistics, and construction sectors, along with the rapid adoption of safety regulations and electric vehicles, drive demand for advanced braking technologies. Additionally, infrastructure growth and increasing vehicle safety standards across emerging economies like India and Southeast Asia contribute to region's market leadership?.
 

North America holds significant market share in the heavy-duty vehicle braking systems market due to its large manufacturing base, including top vehicle producers like Ford and Daimler. Stringent safety regulations, such as FMVSS, drive demand for advanced braking systems. Additionally, the region’s adoption of technologies like air disc brakes and safety features, along with the rise in fleet automation and electric vehicle adoption, further fuels market growth.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of heavy-duty vehicle braking system reached USD 3 billion in 2024 and is set to grow at a 5.1% CAGR from 2025 to 2034, driven by stricter safety regulations worldwide.

The OEM segment held around 74% of the market share in 2024, as OEMs ensure braking systems meet specific design, performance, and regulatory standards, which is crucial for heavy-duty vehicles.

Germany's market accounted for 24% of the revenue share in 2024 and is expected to exceed USD 528.5 million by 2034, driven by its well-established automotive sector and stringent EU safety regulations.

The key players in the industry include Aisin Seiki Co., Ltd., Akebono Brake Industry Co., Ltd., Brembo S.p.A., Continental AG, Cummins, Haldex AB, Knorr-Bremse AG, Meritor, Inc., Robert Bosch GmbH, and ZF Friedrichshafen AG.

Heavy-Duty Vehicle Braking System Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 20
  • Tables & Figures: 200
  • Countries covered: 21
  • Pages: 240
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