Air Disc Brake Market, by Type (Single Piston, Dual Piston), by Application (Heavy, Medium, & Light Duty Trucks, Trailers, Buses, Off-Highway) – Global Industry Insights, Trends and Forecast (2017-2025)

Created On: Aug-2018
Report ID: IR185
Format: PDF

Air Disc Brake Market – Introduction

In the recent years, the adoption ratio of air disc brakes has observed significant growth. Truck OEMs have started making air disc brakes a customary equipment. Navistar International, Freightliner, Peterbilt and Kenworth are among the key manufacturers who have taken the initiation of installing ADBs as standard on Class 8 models of trucks. These manufacturers have announced that they will be offering air disc brake’s as standard on all the upcoming vehicles. The basic difference between drum brakes and air disc brakes is simple: Drum brakes costs less when compared to air disc brakes, however disc brakes offer better performance, comprising improved stopping distance, and maintenance required is also less.

In a study conducted by Insights and Reports it is anticipated that the growth rate of air disc brakes is around 16% to 25% for heavy-weight tractors.

Air Disc Brake Market: Market Dynamics

The growing demand for high road safety for the heavy vehicles, is the key driving factor for air disc brake market. The air disc break has greater braking performance over the poor road circumstances. High standards break system also lead to lower maintenance and braking distance is approximately decreased by 40% when compared to drum brake systems are the additional key driving factors for air disc brake system. Lack of awareness and high cost are the major factors that is anticipated to hamper the market growth in near future. Air disc brake system is comparatively lighter in weight and strong build quality with superior braking performance are the key growth opportunity factors that are predicted to create new opportunities for this market.

Air Disc Brake Market: By Segmentation

The Air Disc Brake market has been categorized into piston type, application and geography. On the basis of piston type the market is segmented into single piston and dual piston. Based on applications the air disc brake market is divided into heavy, medium & light duty trucks, trailers, buses and off-highway vehicles. Among piston type segment single type pistons is anticipated to lead the market over the forecast period, as the single piston air disc brakes are much lighter, more cost effective than dual piston air disc brakes.

Air Disc Brake Market: By Region

The Europe held the largest market share in the year 2017 with 80% of the trucks already using air disc brakes. The key factor that aided in quick adoption of air disc brakes in Europe was, each tractor producer produced and designed their own variants of drum brake which accounted for non-standardization of trailer axel sizes, thus increasing the price margin between products of different vendors. However, in North America there are few drum break manufacturers who compete among themselves – such as Dana and Meritor.  However, the lack of standardization for the brakes for tractors in Europe be likely to result in greater component cost for the drum brake and the hardware associated with it. Consequently, the adoption of air disc brake system was not a great hurdle as it is in the U.S. market. Asia-pacific market is anticipated to hold the largest market share over the forecast period. The growing demand from the developing nations such as India, China and Japan are anticipated to drive the Asia-pacific market. For instance, TATA motors the largest supplier of commercial vehicles in India has collaborated with Wabco in order to develop air disc brake systems.

Air Disc Brake Market: Competitive Landscape

The key players in Air Disc Brake market are Wabco, Meritor, Bendix Spicer, Hendrickson L.L.C., Haldex traction AB among other key players. WABCO Holdings Inc. one of the global leaders and supplier of technologies which improves the efficiency, safety and connectivity of commercial vehicles, announced about development of its manufacturing sector in North America which would help them to penetrate the growing market for air disc brakes in the region.

Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
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