Enjoy complimentary customisation on priority with our Enterprise License!
The heavy-duty vehicle braking system market size is forecast to increase by USD 2.11 billion, at a CAGR of 4.64% between 2023 and 2028. The market's upward trajectory hinges on multiple factors. Notably, there's a surge in demand for heavy-duty vehicles in regions like India and Eastern Europe. This demand spike is paralleled by an increased need for top-notch braking systems, spurred on by extensive brake awareness initiatives. Furthermore, the market is responding to a rising requirement for compulsory safety solutions tailored specifically for heavy-duty vehicles. These safety imperatives, combined with heightened awareness and regulatory frameworks, are reshaping the landscape, emphasizing the critical role of advanced braking systems and safety features in modern heavy-duty vehicle manufacturing and operation.
To learn more about this report, View Report Sample
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.