Global Automotive Brake Valve Market, By Product Type (Combination Valves, Quick Release Valves, Metering Valves, ABS Modulator Valves, Tire Valves, Foot and Hand Brake Valves, Parking Brake Valves, Emergency Valves, Check Valves, Engine Valves, AC Valve, Water Valve, AT Control Valve, Exhaust Gas Recirculation Valve, Solenoid Valve, Thermostat Valve, Spring Valves, Proportional Valves,), Function (Electric, Pneumatic, Hydraulic),Material Type (Steel, Copper, Brass, Alloy, Others), Application (Engine System, HVAC System, Brake System), Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle), Distribution Channel (OEMs, Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Automotive Brake Valve Market Analysis and Insights : Global Automotive Brake Valve Market
The automotive brake valve market size is valued at USD 5.83 billion by 2028 and is expected to grow at a compound annual growth rate of 5.30% over the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive brake valve market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Automotive brake valves, also termed as load-sensing valves, helps to calculate the amount of brake fluid pressure required to slow the rear wheels carefully using the weight in the rear of a vehicle.
The automotive brake valve market has a huge potential and is expected grow over the forecast period of 2021 to 2028, owing to the rise in electrification of vehicles to uplift the demand for automotive valves in long term. In addition, the increase in road repair and maintenance activities and stringent road and vehicle safety norms are also largely influencing the growth of the automotive brake valve market. Also the rapid advancements in a braking system such as electronic stability control, dynamic stability control and ABS featuresis another driver anticipated to flourish the automotive brake valve market growth. Additionally, the various government schemes and regulations boosting deployment of advanced technologies in commercial vehicles is also expected to boost the growth of the automotive brake valve market in the above mentioned forecast period.
However, the market of automotive brake valve though has certain limitations which are expected to obstruct the potential growth of the market such as the high adoption of engine downsizing by OEMS as well as high cost, whereas the rapid increase in the production of battery electric vehicle can challenge the growth of the automotive brake valve market in the above mentioned forecast period.
In addition, the rapid rise in the rat of passenger car production along with the increase in demand for solenoid valves and the significant rise in automotive production are projected to offer various growth opportunities for the automotive brake valve market in the forecast period of 2021 to 2028.
This automotive brake valve market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive brake valve market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Brake Valve Market Scope and Market Size
The automotive brake valve market is segmented on the basis of product type, function, material type, application, vehicle type and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on product type, the automotive brake valve market is segmented into combination valves, quick release valves, metering valves, abs modulator valves, tire valves, foot and hand brake valves, parking brake valves, emergency valves, check valves, engine valves, ac valve, water valve, AT control valve, exhaust gas recirculation valve, solenoid valve, thermostat valve, spring valves and proportional valves.
- Based on function, the automotive brake valve market is segmented into electric, pneumatic and hydraulic.
- On the basis of material type, the automotive brake valve market is segmented into steel, copper, brass, alloy and others.
- On the basis of application, the automotive brake valve market is segmented into engine system, HVAC system and brake system.
- Based on vehicle type, the automotive brake valve market is segmented into passenger cars, light commercial vehicle and heavy commercial vehicle.
- The automotive brake valve market is segmented on the basis of distribution channel into OEMs and aftermarket.
Automotive Brake Valve Market Country Level Analysis
The automotive brake valve market is analyzed and market size, volume information is provided by country, product type, function, material type, application, vehicle type and distribution channel as referenced above.
The countries covered in the automotive brake valve market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Asia-Pacific leads the automotive brake valve market because of the major share in the global vehicle production and fleet size. Europe, followed by North America, are expected to register a significant growth rate over the forecast period of 2021 to 2028 and are the two major regions in the global automotive brake valve market.
The country section of the automotive brake valve market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Brake Valve Market Share Analysis
The automotive brake valve market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive brake valve market.
The major players covered in the automotive brake valve market report are Knorr-Bremse AG, WABCO, Sundoz Co., Ltd., European Braking Systems Ltd., Alfmeier Präzision SE, FEDERAL-MOGUL, Eaton, Continental AG, MAHLE GmbH, POCLAIN HYDRAULICS, Robert Bosch GmbH, Brembo S.p.A., ZF Friedrichshafen AG, Hitachi Automotive Systems Americas, Inc., AISIN SEIKI Co., Ltd., Mando, Haldex, Nisshinbo Mechatronics Inc., BorgWarner, Inc., and DENSO CORPORATION among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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