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Heavy-Duty Vehicle Braking System Market Trends

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

Heavy-Duty Vehicle Braking System Market Trends

As the adoption of electric and hybrid heavy-duty vehicles accelerates, regenerative braking systems are becoming increasingly popular. These systems capture kinetic energy during braking and convert it to electricity, which is stored in the vehicle’s battery. This not only improves fuel efficiency but also reduces wear on braking components. Major manufacturers are investing in regenerative technology to cater to the expanding market for eco-friendly, energy-efficient heavy-duty vehicles, making it a strong trend as environmental and efficiency concerns continue to rise.
 

Heavy-duty vehicles are increasingly equipped with ADAS features such as Automatic Emergency Braking (AEB), Lane Departure Warning (LDW), and Adaptive Cruise Control (ACC) to enhance safety and operational efficiency. These systems rely on advanced braking capabilities to perform automated and semi-automated interventions, reducing the risk of accidents. As regulations tighten globally, more heavy-duty vehicle manufacturers are integrating ADAS, spurring growth in advanced braking technologies compatible with these systems.

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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