Automotive Brake Systems Market Size, Share & Industry Analysis, By Vehicle Type (Hatchback/Sedan, SUVs, LCV, and HCV), By Propulsion (ICE and Electric), By System Type (Electromagnetic Braking System, Mechanical Braking System, and Hydraulic Braking System), By Technology (Anti-locking Braking System (ABS), Electronic Stability Control (ESC), Traction Control System (TSC), and Electronic Brakeforce Distribution (EBD)), By Component (Disc Brakes, ABS Control Module, Drum Brakes, Emergency Brakes, Master Cylinder, and Others), and Regional Forecast, 2026 – 2034

ATTRIBUTE

DETAILS

Study Period

2021-2034

Base Year

2024

Estimated Year

2025

Forecast Period

2026-2034

Historical Period

2021-2024

Growth Rate

CAGR of 5.74% from 2026 to 2034

Unit

Value (USD Billion)

Segmentation

Vehicle Type

• Hatchback/Sedan
• SUVs
• LCV
• HCV

Propulsion

• ICE
• Electric

By System Type

• Electromagnetic Braking System
• Mechanical Braking System
• Hydraulic Braking System

By Technology

• Anti-locking Braking System (ABS)
• Electronic Stability Control (ESC)
• Traction Control System (TSC)
• Electronic Brakeforce Distribution (EBD)

By Component

• Disc Brakes
• ABS Control Module
• Drum Brakes
• Emergency Brakes
• Master Cylinder
• Others

By Region

• North America (By Vehicle Type, Propulsion, System Type, Technology, and Component)
  • U.S. (By Vehicle Type)
  • Canada (By Vehicle Type)
  • Mexico (By Vehicle Type)
• Europe (By Vehicle Type, Propulsion, System Type, Technology, and Component)
  • Germany (By Vehicle Type)
  • France (By Vehicle Type)
  • U.K. (By Vehicle Type)
  • Rest of Europe (By Vehicle Type)
• Asia Pacific (By Vehicle Type, Propulsion, System Type, Technology, and Component)
  • China (By Vehicle Type)
  • Japan (By Vehicle Type)
  • India (By Vehicle Type)
  • South Korea (By Vehicle Type)
  • Rest of Asia Pacific (By Vehicle Type)
• Rest of the World (By Vehicle Type, Propulsion, System Type, Technology, and Component)