Air Brake System Market (Component: Compressor, Governor, Storage Tank, Air Dryer, Foot Valve, Brake Chamber, Slack Adjuster, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034
TMR's report on the global air brake system market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global air brake system market for the period 2018-2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global air brake system market from 2024 to 2034.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the air brake system market.
Market Snapshot
Market Value in 2023
US$ 4.2 Bn
Market Value in 2034
US$ 5.9 Bn
CAGR
3.2%
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global air brake system market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global air brake system market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global air brake system market.
The report delves into the competitive landscape of the global air brake system market. Key players operating in the global air brake system market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global air brake system market profiled in this report.
Key Questions Answered in Global air brake system Market Report:
What is the sales/revenue generated by air brake system across all regions during the forecast period?
What are the opportunities in the global air brake system market?
What are the major drivers, restraints, opportunities, and threats in the market?
Which regional market is set to expand at the fastest CAGR during the forecast period?
Which segment is expected to generate the highest revenue globally in 2034?
Which segment is projected to expand at the highest CAGR during the forecast period?
What are the market positions of different companies operating in the global market?
Air Brake System Market - Research Objectives and Research Approach
The comprehensive report on the global air brake system market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global air brake system market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global air brake system market.
Table of Contents
1. Executive Summary
1.1. Global Market Outlook
1.1.1. Market Size, Value US$ Mn, 2020-2034
1.2. Go to Market Strategy
1.2.1. Demand & Supply Side Trends
1.2.2. Identification of Potential Market Spaces
1.2.3. Understanding Buying Process of Customers
1.2.4. Preferred Sales & Marketing Strategy
1.3. Competitive Dashboard Analysis
2. Market Overview
2.1. Market Definition / Scope / Limitations
2.2. TMR Analysis and Recommendations
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Opportunities
2.4. Market Factor Analysis
2.4.1. Porter's Five Force Analysis
2.4.2. SWOT Analysis
2.5. Regulatory Scenario
2.6. Key Trend Analysis
2.7. Value Chain Analysis
2.8. Cost Structure Analysis
2.9. Profit Margin Analysis
3. Global Air Brake System Market, by Component
3.1. Market Snapshot
3.1.1. Introduction, Definition, and Key Findings
3.1.2. Market Growth & Y-o-Y Projections
3.1.3. Base Point Share Analysis
3.2. Global Air Brake System Market Size & Forecast, 2020-2034, by Component
3.2.1. Compressor
3.2.2. Governor
3.2.3. Storage Tank
3.2.4. Air Dryer
3.2.5. Foot Valve
3.2.6. Brake Chamber
3.2.7. Slack Adjuster
3.2.8. Others
4. Global Air Brake System Market, by Brake Type
4.1. Market Snapshot
4.1.1. Introduction, Definition, and Key Findings
4.1.2. Market Growth & Y-o-Y Projections
4.1.3. Base Point Share Analysis
4.2. Global Air Brake System Market Size & Forecast, 2020-2034, by Brake Type
4.2.1. Air Drum Brake
4.2.2. Air Disc Brake
5. Global Air Brake System Market, by Material
5.1. Market Snapshot
5.1.1. Introduction, Definition, and Key Findings
5.1.2. Market Growth & Y-o-Y Projections
5.1.3. Base Point Share Analysis
5.2. Global Air Brake System Market Size & Forecast, 2020-2034, by Material
5.2.1. Metal
5.2.2. Organic
5.2.3. Ceramic
6. Global Air Brake System Market, by Vehicle Type
6.1. Market Snapshot
6.1.1. Introduction, Definition, and Key Findings
6.1.2. Market Growth & Y-o-Y Projections
6.1.3. Base Point Share Analysis
6.2. Global Air Brake System Market Size & Forecast, 2020-2034, by Vehicle Type
6.2.1. Light Commercial Vehicle
6.2.2. Heavy Commercial Vehicle
6.2.3. Integrated Truck
6.2.4. Semi-Trailer
6.2.4.1. Refrigerated Trailer
6.2.4.2. Flatbed Trailer
6.2.4.3. Dry Van
6.2.4.4. Curtain Trailer
6.2.4.5. Tankers
6.2.4.6. Others (Dump Trailer, etc.)
6.2.5. Buses and Coaches
7. Global Air Brake System Market, by Sales Channel
7.1. Market Snapshot
7.1.1. Introduction, Definition, and Key Findings
7.1.2. Market Growth & Y-o-Y Projections
7.1.3. Base Point Share Analysis
7.2. Global Air Brake System Market Size & Forecast, 2020-2034, by Sales Channel
7.2.1. OEMs
7.2.2. Aftermarket
8. Global Air Brake System Market, by Region
8.1. Market Snapshot
8.1.1. Introduction, Definition, and Key Findings
8.1.2. Market Growth & Y-o-Y Projections
8.1.3. Base Point Share Analysis
8.2. Global Air Brake System Market Size & Forecast, 2020-2034, by Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Middle East & Africa
8.2.5. South America
9. North America Air Brake System Market
9.1. Market Snapshot
9.2. North America Air Brake System Market Size & Forecast, 2020-2034, by Component
9.2.1. Compressor
9.2.2. Governor
9.2.3. Storage Tank
9.2.4. Air Dryer
9.2.5. Foot Valve
9.2.6. Brake Chamber
9.2.7. Slack Adjuster
9.2.8. Others
9.3. North America Air Brake System Market Size & Forecast, 2020-2034, by Brake Type
9.3.1. Air Drum Brake
9.3.2. Air Disc Brake
9.4. North America Air Brake System Market Size & Forecast, 2020-2034, by Material
9.4.1. Metal
9.4.2. Organic
9.4.3. Ceramic
9.5. North America Air Brake System Market Size & Forecast, 2020-2034, by Vehicle Type
9.5.1. Light Commercial Vehicle
9.5.2. Heavy Commercial Vehicle
9.5.3. Integrated Truck
9.5.4. Semi-Trailer
9.5.4.1. Refrigerated Trailer
9.5.4.2. Flatbed Trailer
9.5.4.3. Dry Van
9.5.4.4. Curtain Trailer
9.5.4.5. Tankers
9.5.4.6. Others (Dump Trailer, etc.)
9.5.5. Buses and Coaches
9.6. North America Air Brake System Market Size & Forecast, 2020-2034, by Sales Channel
9.6.1. OEMs
9.6.2. Aftermarket
9.7. North America Air Brake System Market Size & Forecast, 2020-2034, By Country
9.7.1. U.S.
9.7.2. Canada
9.7.3. Mexico
10. Europe Air Brake System Market
10.1. Market Snapshot
10.2. Europe Air Brake System Market Size & Forecast, 2020-2034, by Component
10.2.1. Compressor
10.2.2. Governor
10.2.3. Storage Tank
10.2.4. Air Dryer
10.2.5. Foot Valve
10.2.6. Brake Chamber
10.2.7. Slack Adjuster
10.2.8. Others
10.3. Europe Air Brake System Market Size & Forecast, 2020-2034, by Brake Type
10.3.1. Air Drum Brake
10.3.2. Air Disc Brake
10.4. Europe Air Brake System Market Size & Forecast, 2020-2034, by Material
10.4.1. Metal
10.4.2. Organic
10.4.3. Ceramic
10.5. Europe Air Brake System Market Size & Forecast, 2020-2034, by Vehicle Type
10.5.1. Light Commercial Vehicle
10.5.2. Heavy Commercial Vehicle
10.5.3. Integrated Truck
10.5.4. Semi-Trailer
10.5.4.1. Refrigerated Trailer
10.5.4.2. Flatbed Trailer
10.5.4.3. Dry Van
10.5.4.4. Curtain Trailer
10.5.4.5. Tankers
10.5.4.6. Others (Dump Trailer, etc.)
10.5.5. Buses and Coaches
10.6. Europe Air Brake System Market Size & Forecast, 2020-2034, by Sales Channel
10.6.1. OEMs
10.6.2. Aftermarket
10.7. Europe Air Brake System Market Size & Forecast, 2020-2034, By Country
10.7.1. Germany
10.7.2. U.K.
10.7.3. France
10.7.4. Italy
10.7.5. Spain
10.7.6. Rest of Europe
11. Asia Pacific Air Brake System Market
11.1. Market Snapshot
11.2. Asia Pacific Air Brake System Market Size & Forecast, 2020-2034, by Component
11.2.1. Compressor
11.2.2. Governor
11.2.3. Storage Tank
11.2.4. Air Dryer
11.2.5. Foot Valve
11.2.6. Brake Chamber
11.2.7. Slack Adjuster
11.2.8. Others
11.3. Asia Pacific Air Brake System Market Size & Forecast, 2020-2034, by Brake Type
11.3.1. Air Drum Brake
11.3.2. Air Disc Brake
11.4. Asia Pacific Air Brake System Market Size & Forecast, 2020-2034, by Material
11.4.1. Metal
11.4.2. Organic
11.4.3. Ceramic
11.5. Asia Pacific Air Brake System Market Size & Forecast, 2020-2034, by Vehicle Type
11.5.1. Light Commercial Vehicle
11.5.2. Heavy Commercial Vehicle
11.5.3. Integrated Truck
11.5.4. Semi-Trailer
11.5.4.1. Refrigerated Trailer
11.5.4.2. Flatbed Trailer
11.5.4.3. Dry Van
11.5.4.4. Curtain Trailer
11.5.4.5. Tankers
11.5.4.6. Others (Dump Trailer, etc.)
11.5.5. Buses and Coaches
11.6. Asia Pacific Air Brake System Market Size & Forecast, 2020-2034, by Sales Channel
11.6.1. OEMs
11.6.2. Aftermarket
11.7. Asia Pacific Air Brake System Market Size & Forecast, 2020-2034, By Country
11.7.1. China
11.7.2. India
11.7.3. Japan
11.7.4. ASEAN Countries
11.7.5. Rest of Asia Pacific
12. Middle East & Africa Air Brake System Market
12.1. Market Snapshot
12.2. Middle East & Africa Air Brake System Market Size & Forecast, 2020-2034, by Component
12.2.1. Compressor
12.2.2. Governor
12.2.3. Storage Tank
12.2.4. Air Dryer
12.2.5. Foot Valve
12.2.6. Brake Chamber
12.2.7. Slack Adjuster
12.2.8. Others
12.3. Middle East & Africa Air Brake System Market Size & Forecast, 2020-2034, by Brake Type
12.3.1. Air Drum Brake
12.3.2. Air Disc Brake
12.4. Middle East & Africa Air Brake System Market Size & Forecast, 2020-2034, by Material
12.4.1. Metal
12.4.2. Organic
12.4.3. Ceramic
12.5. Middle East & Africa Air Brake System Market Size & Forecast, 2020-2034, by Vehicle Type
12.5.1. Light Commercial Vehicle
12.5.2. Heavy Commercial Vehicle
12.5.3. Integrated Truck
12.5.4. Semi-Trailer
12.5.4.1. Refrigerated Trailer
12.5.4.2. Flatbed Trailer
12.5.4.3. Dry Van
12.5.4.4. Curtain Trailer
12.5.4.5. Tankers
12.5.4.6. Others (Dump Trailer, etc.)
12.5.5. Buses and Coaches
12.6. Middle East & Africa Air Brake System Market Size & Forecast, 2020-2034, by Sales Channel
12.6.1. OEMs
12.6.2. Aftermarket
12.7. Middle East & Africa Air Brake System Market Size & Forecast, 2020-2034, By Country
12.7.1. GCC
12.7.2. South Africa
12.7.3. Rest of Middle East & Africa
13. South America Air Brake System Market
13.1. Market Snapshot
13.2. South America Air Brake System Market Size & Forecast, 2020-2034, by Component
13.2.1. Compressor
13.2.2. Governor
13.2.3. Storage Tank
13.2.4. Air Dryer
13.2.5. Foot Valve
13.2.6. Brake Chamber
13.2.7. Slack Adjuster
13.2.8. Others
13.3. South America Air Brake System Market Size & Forecast, 2020-2034, by Brake Type
13.3.1. Air Drum Brake
13.3.2. Air Disc Brake
13.4. South America Air Brake System Market Size & Forecast, 2020-2034, by Material
13.4.1. Metal
13.4.2. Organic
13.4.3. Ceramic
13.5. South America Air Brake System Market Size & Forecast, 2020-2034, by Vehicle Type
13.5.1. Light Commercial Vehicle
13.5.2. Heavy Commercial Vehicle
13.5.3. Integrated Truck
13.5.4. Semi-Trailer
13.5.4.1. Refrigerated Trailer
13.5.4.2. Flatbed Trailer
13.5.4.3. Dry Van
13.5.4.4. Curtain Trailer
13.5.4.5. Tankers
13.5.4.6. Others (Dump Trailer, etc.)
13.5.5. Buses and Coaches
13.6. South America Air Brake System Market Size & Forecast, 2020-2034, by Sales Channel
13.6.1. OEMs
13.6.2. Aftermarket
13.7. South America Air Brake System Market Size & Forecast, 2020-2034, By Country
13.7.1. Brazil
13.7.2. Argentina
13.7.3. Rest of South America
14. Competitive Landscape
14.1. Company Share Analysis/ Brand Share Analysis, 2023