The braking system forms a fundamental part of the vehicle along with the engine, powertrain, and vehicle body. Started as a mechanical device in the vehicle, the system aids in slowing or stopping the vehicle by means of friction. Since the invention of commercially viable automobiles in the late 1920s, technological advances have evolved the vehicle into a much safer, comfortable, and eco-friendly experience. Vehicles have now become more than just a means of transportation. Innovations and developments have made vehicles more powerful and intelligent with the rapid adoption of electronics that can self-learn to adapt with real-time driving situations. Automobiles of toady boast of more electronics than mechanical parts and components with an average hatchback consisting of over 35%-40% electronic components in 2015 and we expect this to rise to over 60% by 2020. With rapid acceleration in technological development, the automotive braking industry is experiencing a gradual shift from mechanical to hydraulic braking, which is now rapidly shifting to electronically-controlled braking systems.

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Report coverage

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

Value chain analysis

Product lifecycle

Regulatory framework

PART 05: Market landscape

Market overview

Five forces analysis

PART 06: Market segmentation by vehicle type

PART 07: Market segmentation by geography

PART 08: Market drivers

PART 09: Market challenges

PART 10: Market trends

PART 11: Vendor landscape

Competitive benchmarking

Other prominent vendors

PART 12: Key vendor analysis

PART 13: Appendix

List of abbreviations

PART 14: Explore Technavio