Compressed air pressing on a piston is used to apply the pressure to the brake pad needed to stop the vehicle. Air brakes are used in large heavy vehicles, particularly those having multiple trailers which must be linked into the brake system, such as trucks, buses, trailers, and semi-trailers.
This report contains market size and forecasts of Commercial Air Brake in global, including the following market information:
Global Commercial Air Brake Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Commercial Air Brake Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Commercial Air Brake companies in 2021 (%)
The global Commercial Air Brake market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Air Disc Brake Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Commercial Air Brake include Meritor, Haldex, ZF Friedrichshafen, Knorr-Bremse, Wabtec Corporation, Nabtesco Automotive Corporation, Sorl Auto Parts, TSE Brakes and UNO Minda, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Commercial Air Brake manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Commercial Air Brake Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Commercial Air Brake Market Segment Percentages, by Type, 2021 (%)
Air Disc Brake
Air Drum Brake
Global Commercial Air Brake Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Commercial Air Brake Market Segment Percentages, by Application, 2021 (%)
Heavy Trucks and Trailers
Buses
Others
Global Commercial Air Brake Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Commercial Air Brake Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Commercial Air Brake revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Commercial Air Brake revenues share in global market, 2021 (%)
Key companies Commercial Air Brake sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Commercial Air Brake sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Meritor
Haldex
ZF Friedrichshafen
Knorr-Bremse
Wabtec Corporation
Nabtesco Automotive Corporation
Sorl Auto Parts
TSE Brakes
UNO Minda
Aventics (Emerson)
MGM Brakes
Sealco
Fritec