According to Grand View Research, Inc., the worldwide automotive brake systems market is expected to reach at USD 31.11 billion by 2025. Automotive brake systems are extensively used in passenger cars and commercial vehicles to enable speed control and avoid skidding of vehicles. Different types of advanced brake systems include Electronic Brake-force Distribution (EBD), Antilock Braking System (ABS), Traction Control System (TCS), and Electronic Stability Control (ESC), among others. Companies in this field are increasingly focusing on product/technology development to ensure maximum safety. Following are some of the latest innovations in automotive brake systems.
Continental AG recently introduced a new wheel and brake concept for electric vehicles. The wheel rim composed of two aluminum parts, the internal aluminum carrier star with the aluminum brake disk and the external aluminum rim well with the tire. Unlike the traditional wheel brakes, the new system engages the aluminum disk from the inside, which improves the braking performance. In 2017, WABCO India launched an ESC system called ESCsmart in India. The new system is designed especially for all commercial vehicles such as trucks and buses. Tata Motors is the first customer to integrate this system in its Prima range of medium and heavy-duty trucks.
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Valeo innovation SCALA laser scanner was nominated for the annual 2018 PACE Awards . The company’s scanner can detect stationary and moving objects up to 150 meters day or night and in all weather conditions. In automated mode, it takes full control of acceleration, steering, and brakes to offer augmented safety.
The global automotive brake systems is estimated to register a significant growth rate of 5.5 % over the forecast period (2018 to 2025). Constant technological innovations along with growing production of vehicles as a result of rising demand due to increased disposable income levels are anticipated to be the key growth-driver for the market. In addition, rising implementation of advanced vehicle safety features by automotive companies due to stringent regulatory norms may also propel the global market demand in the coming years. Asia Pacific, in particular, is likely to show a substantial growth due to expanding automobile sector in the region. Leading companies operating in the global automotive brake systems market include Continental AG, Brembo S.p.A., Robert Bosch GmbH, Aisin Seiki Co., Ltd., and ZF Friedrichshafen AG.
Continental AG recently introduced a new wheel and brake concept for electric vehicles. The wheel rim composed of two aluminum parts, the internal aluminum carrier star with the aluminum brake disk and the external aluminum rim well with the tire. Unlike the traditional wheel brakes, the new system engages the aluminum disk from the inside, which improves the braking performance. In 2017, WABCO India launched an ESC system called ESCsmart in India. The new system is designed especially for all commercial vehicles such as trucks and buses. Tata Motors is the first customer to integrate this system in its Prima range of medium and heavy-duty trucks.
Click Here For See Full Report : https://www.grandviewresearch.com/industry-analysis/automotive-brake-system-market
Valeo innovation SCALA laser scanner was nominated for the annual 2018 PACE Awards . The company’s scanner can detect stationary and moving objects up to 150 meters day or night and in all weather conditions. In automated mode, it takes full control of acceleration, steering, and brakes to offer augmented safety.
The global automotive brake systems is estimated to register a significant growth rate of 5.5 % over the forecast period (2018 to 2025). Constant technological innovations along with growing production of vehicles as a result of rising demand due to increased disposable income levels are anticipated to be the key growth-driver for the market. In addition, rising implementation of advanced vehicle safety features by automotive companies due to stringent regulatory norms may also propel the global market demand in the coming years. Asia Pacific, in particular, is likely to show a substantial growth due to expanding automobile sector in the region. Leading companies operating in the global automotive brake systems market include Continental AG, Brembo S.p.A., Robert Bosch GmbH, Aisin Seiki Co., Ltd., and ZF Friedrichshafen AG.
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