866-997-4948(US-Canada Toll Free)

Brake Lines Market for Automotive - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

Published By :

Transparency Market Research

Category :

Machines

Braking system comprises diverse components ranging from the driver’s foot in the vehicle to the wheels of the vehicle. Brake lines are mechanical components in the braking system that transfer brake fluid from the hydraulic master cylinder to brake calipers or wheel cylinders. When the brake is applied, brake fluid in the brake lines force the brake pad to press against the rotor, ensuring the vehicle is decelerated safely and comfortably. Force applied by driver is supplied through brake lines. Most modern vehicles utilize a vacuum-assisted brake system, known as brake boosters, and brake force distribution system that greatly increases the force applied to the vehicle's brakes by its operator.

Increase in production of vehicles and rise in demand for lightweight vehicles are also projected to boost the brake lines market for automotive during the forecast period. Rise in demand for vehicles with advanced braking system is expected to be a key factor driving the brake lines market for automotive during the forecast period. Severe norms on automotive industries regarding safety concerns by global regulatory bodies is anticipated to augment the brake lines market for automotive. Brake lines are responsible for various braking activities such as better braking response, longer life, durability, and flexibility. This is likely to provide lucrative opportunities to the brake lines market. Regular replacement due to fluid leakage is expected to hamper the brake lines market for automotive.

The automotive brake lines market can be segmented based on type of brake fluid, material type, vehicle type, sales channel, and geography.

Based on vehicle type, the brake lines market for automotive can be classified into passenger vehicles (PVs) and commercial vehicles (CVs). The passenger vehicles segment can be further sub-segmented into hatchback cars, sedans, multi- purpose vehicles (MPVs), and sport utility vehicles (SUVs). The commercial vehicles segment can be further split into lightweight commercial vehicles (LCVs) and heavy commercial vehicles (HCVs).

Based on material type, the brake lines market for automotive can be bifurcated into rubber brake lines and two other segments. Rubber brake lines are made of rubber and are prone to dry rotting. They can cause leaks, and also expand over time.

Based on fluid type, the brake lines market for automotive can be segregated into hydraulic brake line and one other segment.

In terms of sales channel, the brake lines market for automotive can be segmented into original equipment manufacturer (OEM) and aftermarket. Most consumers prefer local manufacturers in order to replace the brake lines, which reduces the replacement cost. The aftermarket segment is expected to dominate the market during the forecast period.

Based on geography, the brake lines market for automotive can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific accounts for a major share of the global brake lines market for automotive, owing to the high rate of adoption of automotive brake lines and expansion of the automotive sector in the region. This has led to an increase in production of vehicles with automotive brake lines, especially in China, India, Japan, and South Korea. The brake lines market for automotive in Europe, especially in Germany, France, Italy, and the U.K., is also expected to expand in the near future due to safety norms implemented by regulatory bodies in these countries. The brake lines market for automotive in Latin America is likely to expand at a rapid pace during the forecast period.

Key players operating in the global braking lines market for include Continental AG, Carlisle Brake & Friction, FTE Automotive, Sumitomo Riko Co. Ltd., BrakeQuip, Continental AG, Gates Corporation, Hutchinson SA, and Yokohama Rubber Co., Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Please fill the Request TOC form below.

  • Full Name *
  • Your Email *
  • Job Title
  • Company
  • Phone No. * (Pls. Affix Country Code)
  • Message
  • Security Code *

Make an enquiry before buying this Report

Please fill the enquiry form below.

  • Full Name *
  • Your Email *
  • Job Title
  • Company
  • Phone No. * (Pls. Affix Country Code)
  • Message
  • Security Code *