New York, NY -- (SBWIRE) -- 09/06/2017 -- The analysts forecast the global commercial vehicle braking system market to grow at a CAGR of 0.55% during the period 2017-2021.

Braking systems are used for stopping the vehicle. The braking system converts the kinetic energy of a moving vehicle to heat energy by allowing friction to be applied to wheels. Brakes are the most critical component of any moving vehicle and are often applied in displeasure (hard stops) in the case of passenger cars and motorcycles; hence, there is a demand for durable brakes. Additionally, high-speed riding and race-use demand high-performance brakes to bear high heat generation and manage control of the vehicle.

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Covered in this report

The report covers the present scenario and the growth prospects of the global commercial vehicle braking system market for 2017-2021. To calculate the market size, the report considers new installations, sales, and volume of braking systems.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Commercial Vehicle Braking System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ContiTech
- Knorr-Bremse
- Robert Bosch
- WABCO

Other prominent vendors
- Baer Brakes
- Brembo
- Federal-Mogul
- HYUNDAI MOBIS
- Meritor WABCO
- SKF
- Tata AutoComp Systems (TACO)
- Wilwood Engineering
- ZF Friedrichshafen

Market driver
- Increasing demand for mandatory safety solutions in commercial vehicles
- For a full, detailed list, view our report

Market challenge
- Increased concerns over stability of commercial vehicles with advanced braking systems
- For a full, detailed list, view our report

Market trend
- OEMs and tier-1 suppliers prioritizing lightweight braking system
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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Table Of Contents – Major Key Points

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
- Market outline

PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by application
- Market segmentation by application
- Commercial vehicle braking system market in LCVs
- Commercial vehicle braking system market in HCVs

PART 07: Geographical segmentation
- Commercial vehicle braking system market segmented by geography
- Commercial vehicle braking system market in the Americas
- Commercial vehicle braking system market in APAC
- Commercial vehicle braking system market in EMEA

PART 08: Key leading countries

PART 09: Decision framework

PART 10: Drivers and challenges
- Market drivers
- Market challenges

PART 11: Market trends

PART 12: Vendor landscape
- Competitive landscape
- Other prominent vendors

Continue…….

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