Global Heavy-duty Vehicle Braking System Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vehicle Type;

Trucks and Buses.

By Brake Type;

Drum Air Brake and Disc Air Brake

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn832923807 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Heavy-duty Vehicle Braking System Market (USD Million), 2021 - 2031

In the year 2024, the Global Heavy-duty Vehicle Braking System Market was valued at USD 112.70 million. The size of this market is expected to increase to USD 157.52 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.

The Global Heavy-duty Vehicle Braking System Market is witnessing significant growth, driven by the increasing demand for advanced braking systems in heavy-duty vehicles worldwide. These braking systems play a critical role in ensuring vehicle safety, performance, and reliability across various applications such as long-haul transportation, construction, mining, and off-road operations.

The market is experiencing steady growth due to several factors, including the expansion of the transportation and logistics industry, increasing demand for heavy-duty vehicles, and technological advancements in braking system design. Moreover, stringent safety regulations and a growing focus on vehicle efficiency and driver safety are driving the adoption of advanced braking systems in heavy-duty vehicles.

With rising investments in infrastructure development, construction activities, and transportation networks globally, the demand for heavy-duty vehicle braking systems is expected to continue growing in the coming years. Manufacturers are focusing on product innovation, research, and development to meet the evolving needs of heavy-duty vehicle operators and capitalize on emerging opportunities in the market. The Global Heavy-duty Vehicle Braking System Market offers lucrative growth prospects for manufacturers, suppliers, and other stakeholders, driven by the increasing demand for advanced braking systems in heavy-duty vehicles across various industries and applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Brake Type
    3. Market Snapshot, By Region
  4. Global Heavy-duty Vehicle Braking System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Focus on driver comfort
        2. Adoption of ABS (Anti-lock Braking System)
        3. Rising fleet size
        4. Demand for off-road vehicles
        5. Vehicle electrification trend
      2. Restraints
        1. Maintenance and repair costs
        2. Limited aftermarket support
        3. Impact of COVID-19 pandemic
        4. Slowdown in transportation industry
        5. Limited product differentiation
      3. Opportunities
        1. Development of autonomous braking systems
        2. Focus on energy-efficient solutions
        3. Expansion of distribution networks
        4. Retrofitting existing vehicles
        5. Strategic partnerships and collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Heavy-duty Vehicle Braking System Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Trucks
      2. Buses
    2. Global Heavy-duty Vehicle Braking System Market, By Brake Type, 2021 - 2031 (USD Million)
      1. Drum Air Brake
      2. Disc Air Brake
    3. Global Heavy-duty Vehicle Braking System Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Knorr-Bremse AG
      2. WABCO Holdings Inc.
      3. ZF Friedrichshafen AG
      4. Meritor, Inc.
      5. Bendix Commercial Vehicle Systems LLC
      6. Haldex AB
  7. Analyst Views
  8. Future Outlook of the Market