Air Brake Systems Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Air Brake Systems Market size is expected to grow at an annual average of 3% during 2022-2028. An air brake, or compressed air brake system, is a type of friction brake designed for vehicles in which compressed air is applied to the pistons to apply additional pressure to the brake pads to stop the vehicle. In addition to their use on rail trains, air brakes are used on heavy duty vehicles with multiple trailers that must be connected to a brake system such as trucks, buses, trailers and semi-trailers. George Westinghouse first developed air brakes for use in rail services.

Company Profile

• Knorr-Bremse
• Wabco
• Meritor
• Haldex
• ZF
• Wabtec
• Nabtesco
• TSE Brakes

Market Segmentation

By Brake Type

• Air Disc
• Air Drum

By Component

• Compressor
• Governor
• Storage tank
• Air dryer
• Foot valve
• Brake chamber

By Component

• Compressor
• Storage Tank
• Driver’s Brake Valve
• Brake Cylinder
• Brake Pipe

Scope of the Report

The research study analyzes the Air Brake Systems Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Air Brake Systems Market Report

1. What was the Air Brake Systems Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Air Brake Systems Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Air Brake Systems Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.