According to a recent report published by Allied Market Research, titled, โAir Brake System Market by Type, Component, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018โ2026,โ the global air brake system market size was valued at $4.8 billion in 2018, and is projected to reach $6.6 billion by 2026, registering a CAGR of 3.57% from 2018 to 2026.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/5593
An air brake or a compressed air brake system, is a type of friction brake for vehicles in which compressed air pressing on a piston is used to apply the pressure to the brake pad needed to stop the vehicle. In addition to their use in railroad trains, air brakes are used in large heavy vehicles, particularly those having multiple trailers that need to be linked into the brake system, such as trucks, buses, trailers, and semi-trailers. George Westinghouse first developed air brakes for use in railway service. Air brake systems are typically used on heavy trucks and buses. The air brake system has a wider application in service brakes, parking brakes, and includes wider range of components such as control pedal, an air storage tank, and various other components.
It comprises several components including compressor, governor, tank, air dryer, foot valve, brake chamber, and slack adjuster. Currently, there are two types of air brake system commonly available in the air brake system market, namely, disc air brake system and drum air brake system. The air brake system is integrated in heavy as well as commercial vehicles to apply more massive brake effort. The increased demand for air brakes has positively impacted the air brake system market growth.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/air-brake-system-market/purchase-options
Air brake system are much more powerful than the ordinary mechanical or hydraulic brakes and therefore, they are exclusively used in heavy vehicles. Also, they are easy to install in chassis of the vehicle as they are interconnected by means of pipes to the vehicle. The compressor air can also be used for tire inflation, windscreen wipers, horns, and many other accessories.
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Based on type, the air drum brake segment generated the highest revenue in 2018.
Based on component, the tank segment was the highest revenue contributor in 2018.
Based on region, the U.S. is anticipated to exhibit the highest CAGR during the forecast period.
Based on region, North America contributed the highest air brake system market revenue in 2018, followed by Asia-Pacific, Europe, and LAMEA.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/5593
The key players analyzed in this report are Knorr-Bremse, Wabco, Meritor, Haldex, ZF Friedrichshafen AG, Wabtec, Nabtesco, TSE Brakes, Federal-Mogul and Sorl Auto Parts.
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