Frequently Asked Questions
The market is segmented based on , By Type (Air Disc Brake, Air Drum Brake), Component (Compressor, Governor, Tank, Air Dryer, Foot Valve, Brake Chamber, Slack Adjuster, Others), Vehicle Type (Rigid Body Truck, Heavy-Duty Truck, Semi-Trailer, Bus, Rolling Stock), Technology (Anti-lock Braking System (ABS), Traction Control System (TCS), Electronic Stability Program or Electronic Stability Control (ESC), Electronic Brake Force Distribution (EBD), Application (On-Road, off-Road Vehicle), Rolling Stock and Locomotive Electro-Pneumatic(EP), Electronically Controlled Pneumatic (ECP), Others) - Industry Trends and Forecast to 2030.
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The Global Air Brake System Market size was valued at USD 2235.00 USD Million in 2021.
The Global Air Brake System Market is projected to grow at a CAGR of 5.7% during the forecast period of 2022 to 2029.
The major players operating in the market include Knorr, Bremse, WABCO, Meritor, Haldex, ZF Friedrichshafen, Wabtec Corporation, Nabtesco Automotive, Tenneco, SORL Auto Parts, TSE Brakes..
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa.