Top Companies in Automotive Brake System Industry

The automotive brake system market is estimated to grow from USD 23.45 billion in 2023 to USD 30.10 billion by 2028, at a CAGR of 5.1% during the forecast period. The base year for the report is 2022, and the forecast period is 2023 to 2028.

The market is expected to witness rapid growth with the implementation of safety standards in developing countries, particularly China, India, Brazil, etc. Also, the popularity of disc brakes over drum brakes due to their technical benefits drives the automotive brake system market. Further, the growing implementation of country-wise new car assessment programs is anticipated to drive safety features such as electronic braking systems. Lastly, growing sales of premium and luxury vehicles are boosting the electronic braking system market.

Major Automotive Brake System Market Companies include

• Robert Bosch GmbH (Germany),
• ZF Friedrichshafen AG (Germany),
• Continental AG (Germany),
• AISIN Seiki Co, Ltd. (Japan),
• Knorr-Bremse AG (Germany),
• Brembo S.p, A (Italy),
• Akebono Brake Industry Co., Ltd. (Japan)

These companies focus on developing new products, adopting expansion strategies, and undertaking collaborations, partnerships, and mergers & acquisitions to gain traction in this growing brake system market.

To know about the assumptions considered for the study download the pdf brochure

Top Companies in Automotive Brake System Industry

Continental AG

Continental AG, a German multinational corporation, focuses on the production of a wide range of automotive components, including tires, brake systems, vehicle electronics, automotive safety features, powertrain elements, chassis components, tachographs, and various other components catering to the automotive and transportation sectors. Continental AG operates through four segments: Automotive, Tires, ContiTech, and Contract Manufacturing. According to a report published in August 2024, Continental AG announced a spin-off of its automotive business segment, which is expected to be completed by the end of 2025. Moreover, the company is actively working on aftermarket segment for brake system. For instance, in September 2024, Continental had made an announcement for expanding their aftermarket product portfolio by introducing new products such as sensors for driver assistance systems, chassis and steering components, and high-pressure fuel pumps including brake system in the vehicles.

ZF Friedrichshafen AG

ZF Friedrichshafen AG (ZF) is one of the leading suppliers of automotive drivelines, chassis, and active and passive safety technologies. It operates its business through nine divisions: Active Safety Systems, Electrified Powertrain Technology, Car Chassis Technology, Commercial Vehicle Technology, Industrial Technology, Electronics & ADAS, ZF Aftermarket, Commercial Vehicle Control Systems, and Passive Safety Systems along with corporate functions. The Active Safety Systems segment develops, produces, and sells brake systems and components. This segment offers foundation brakes, brake controls, rack drives, and column drives. Also, the company is actively partnering with EV commercial vehicles for brake systems. For instance, in February 2024, Tevva (UK) partnered with ZF to integrate their brake-by-wire regenerative braking system into its 7.5-ton battery-electric truck, designed for last-mile and urban delivery. This supply contract leverages ZF’s advanced Electronic Brake System (EBS) to enhance safety, efficiency, and driving range.

AISIN SEIKI CO., LTD

AISIN Seiki Co., Ltd. (formerly Aisin Seiki), a leading Japanese automotive components manufacturer and a Toyota Group member, specializes in drivetrain, brake, chassis, and engine components. To remain competitive, Aisin should continue investing in R&D to address emerging trends like electrification, automation, and sustainability. Aisin Seiki has a subsidiary company, ADVICS, a prominent player in advanced braking systems integrating hardware and software technologies to enhance safety and efficiency. Notable customers include Toyota, for which Aisin is a key supplier, and Nissan (Japan), Mazda (Japan), Honda (Japan), Mitsubishi (Japan), Suzuki (Japan), and Daihatsu (Japan). In North America, Aisin provides brake systems for vehicles such as the Toyota (US) Camry and Corolla, Honda (Japan) Odyssey, Ford (US) Lincoln LS, Jaguar (UK) models, and the Chrysler (US) PT Cruiser. These partnerships highlight Aisin's role as a major Tier 1 supplier of advanced braking solutions tailored to diverse vehicle platforms.

Knorr-Bremse

Knorr-Bremse was a prominent player in the brake system and had headquarters in Germany. The company manufactures and supplies braking and other safety-critical systems for the rail and commercial vehicle industries. The company specializes in the development, production, and distribution of braking systems and a range of different systems and components related to vehicle control and guidance. The company produces advanced systems for commercial vehicles like brake actuators, spring brakes, and chambers, which convert pneumatic energy into mechanical force for precise braking control. Knorr-Bremse's Global Scalable Brake Control (GSBC) system integrates modern software architecture to support driver assistance functions and highly automated driving. In the rail sector, it provides customized brake control systems for various train types, ensuring optimal braking through technologies like electromagnetic track brakes and hydraulic systems. Knorr-Bremse operates globally and has a strong presence in Europe, the Americas, Asia Pacific, and other regions.

Brembo S.p.A

Brembo S.p.A. designs develops and produces braking systems for cars, motorcycles, commercial vehicles, and racing. It operates through four business segments: Cars, Motorbikes, Commercial Vehicles, and Racing. It is the proprietor of the Brembo, Breco, ByBre, and Marchesini brands and sells products under the AP Racing brand. Since its foundation, the company has filed 3,366 patents. With 32 production and business facilities and eight research and development centers, Brembo boasts a global footprint that effectively caters to multinational clients. The company's presence spans 15 countries across three continents, encompassing Europe, the Americas, and Asia. With 32 production and business facilities and eight research and development centers, Brembo boasts a global footprint that effectively caters to multinational clients. This expansive network includes manufacturing sites in Italy, Poland, the UK, the Czech Republic, Denmark, Germany, Mexico, Brazil, China, India, and the US. Additionally, Brembo conducts various distribution and sales activities in Spain, Sweden, Germany, China, Japan, and Russia.

Market Ranking 

The brake system market is consolidated, with five leading players collectively holding 60-65% of the market share. Continental AG is into advanced braking technologies, electronic braking systems, and integrated safety solutions. At the same time, ZF Friedrichshafen AG provides automotive brakes for automotive and aftermarket segments for various models in all regions with a high market presence. Brembo S.p.A provides high-performance brake systems and brake parts for performance and sports cars. Aisin Seiki Co., Ltd. It mainly deals with hydraulic and electronic braking solutions for passenger cars. Lastly, Knorr-Bremse provides brake systems for commercial vehicles. The remaining 35-40% of the market is shared among other regional and emerging vendors, contributing to extensive fragmentation and offering opportunities for smaller players to establish a footprint. The market consolidated and is driven by factors such as government regulations, focus on effective braking technology to decrease stopping distance, and environmental regulations for brake pad/shoe residue, which have fueled the technological and material-wise developments in brake systems.

Related Reports:

Automotive Brake System Market by Type (Disc, Drum), Technology (ABS, ESC, TCS, EBD, AEB), OHV Brakes (Hydraulic Wet, Hydrostatic, Dynamic), On & Off-Highway Vehicles & Electric Vehicles, Component, Actuation and Region - Global Forecast to 2028

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