Global Commercial Vehicle Braking System Market 2017-2021: Rising Number of Road Traffic Accidents Globally

DUBLIN, August 17, 2017 /PRNewswire/ --

The "Global Commercial Vehicle Braking System Market 2017-2021" report has been added to Research and Markets' offering.

The global commercial vehicle braking system market to grow at a CAGR of 0.55% during the period 2017-2021.

The report, Global Commercial Vehicle Braking System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is OEMs and tier-1 suppliers prioritizing lightweight braking system. Commercial vehicle manufacturers are aggressively working toward reducing the weight of the braking system. This has led to work on the development of lighter high-performance brake system by suppliers in the market. The requirement of lighter yet durable brakes is pushing the adoption of high-performance brakes in commercial vehicles across the world.

According to the report, one driver in the market is increasing demand for mandatory safety solutions in commercial vehicles. Rising number of road traffic accidents globally and unpredictable road conditions are driving governing bodies to formulate regulations for maintaining basic and mandatory safety solutions within commercial vehicles. For instance, the US DoT and NHTSA have been formulating a set of safety braking functions specifically for commercial vehicles since 2016. The two American departments have proposed a petition for mandatorily installing various types of safety braking systems like dynamic braking support, crash imminent braking systems, and forward crash warning systems.

Key vendors

• ContiTech
• Knorr-Bremse
• Robert Bosch
• WABCO

Other prominent vendors

• Baer Brakes
• Brembo
• Federal-Mogul
• SKF
• Wilwood Engineering
• ZF Friedrichshafen
• Others
  

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Application

Part 07: Geographical Segmentation

Part 08: Key Leading Countries

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Key Vendor Analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/8z52ww/global_commercial

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