Albany, NY -- (SBWIRE) -- 04/02/2019 -- Automotive hydraulic brake is a type of braking mechanism that utilizes brake fluid (glycol fluids) as joint between the brake pedal, brake shoes, and brake drums. Automotive hydraulic brakes are considered self-equalizing brakes and their function is based on the principle of Pascal's law. In an automotive hydraulic brake, when the brake pedal is pressed, a pushrod creates pressure by means of brake fluid in the master cylinder, which in turn converts the hydraulic pressure into mechanical force. The converse occurs when the brake pedal is released. Most utility vehicles that are employed the various industries are incorporated with automotive hydraulic brakes. In 1914, Fred Duesenberg, founder of Duesenberg Automobile & Motors Company, Inc, first developed the hydraulic brake.

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Advancements and developments in braking mechanism, owing to the rising demand for safety and security in vehicles, are expected to drive the automotive hydraulic brake market during the forecast period. Increase in vehicle production owing to the rise in demand for improved braking mechanism is also projected to boost the automotive hydraulic brake market during the forecast period. Automotive hydraulic brakes offer numerous benefits such as cost-effectiveness, efficiency, simple construction, and flexibility. These features are likely to augment the demand for automotive hydraulic brake during the forecast period. However, fluid leakage or brake fade after extended application are likely to lead to hydraulic brake failure. This is likely to hamper the automotive hydraulic brake market during the forecast period.

The global automotive hydraulic brake market can be segmented based on components, vehicle type, sales channel, and region. In terms of components, the automotive hydraulic brake market can be bifurcated into master cylinder, brake fluid, brake drum, and others. In terms of components, the brake fluid segment held a leading share of the automotive hydraulic brake market, as it is an integral part of the brake that transfers force into pressure. Glycol ether fluid is the brake fluid that is widely utilized in hydraulic brakes.

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Based on vehicle type, the automotive hydraulic brake market can be classified into passenger vehicles and commercial vehicles. The passenger vehicles segment accounts for a major share of the market owing to the higher production of passenger vehicles. Rise in rate of adoption of automotive hydraulic brakes in passenger vehicles is due to the benefits offered by hydraulic brakes, such as enhances braking efficiency owing to low friction and higher leverage ratio, as compared to the mechanical braking system.