Oct 19, 2017   SOURCE: BusinessWire

Automotive Braking System Market - Demand for Adaptive Brakes to Boost Sales | Technavio

Technavio’s latest market research report on the global automotive braking system market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

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Technavio has published a new report on the global automotive braking system market from 2017-2021. ...

Technavio has published a new report on the global automotive braking system market from 2017-2021. (Graphic: Business Wire)

The increasing electrification of the components in a vehicle will promote development in the automotive braking system market. The manufacturers are offering electronic braking systems, such as electronic stability control, anti-lock braking, electric parking brake, electronic park assist, and other electronic driver assistance systems to attract more customers.

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The top three emerging market trends driving the global automotive braking system market according to Technavio research analysts are:

  • Integration of air disc brakes in commercial vehicles
  • Increasing demand for adaptive brakes in passenger cars
  • Increasing adoption of carbon ceramic brake pads

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Integration of air disc brakes in commercial vehicles

The use of pneumatic systems in commercial vehicles help in proper braking with heavy loads and carriages compared to conventional hydraulic systems. The innovation of air disc brakes in the global automotive braking system market is slowly gaining traction in the commercial vehicle segment. These brakes have automatic internal brake adjustment, which provides optimum braking. Air disc brakes also experience almost no brake fade or degradation in their stopping power. Its force variations across axles are minimal in air disc brakes that ensure straight and stable stops.

According to Ganesh Subramaniam, a lead analyst at Technavio for automotive components, “Air disc brakes are equipped with integrated rotor-wear and brake pad-wear sensors that help in minimizing the number of maintenance checks and reduces the cost of services. These systems have optimized friction pairing, which increases the life of brake pad and the rotor. The availability of these brakes in different sizes and configurations depending on their application will increase the popularity of air disk brakes in the global market.”

Increasing demand for adaptive brakes in passenger cars

The adaptive braking system is the new technology and is currently available only in the luxury car segment. It is an intelligent braking system where the braking is adjusted as per the driving situation to ensure safe braking. This technology is designed to reduce the brake response time, which, in turn, helps the vehicle to stop safely. The adaptive braking system consists of radar-based sensors that analyze the behavior of the vehicle in front and prepare the response of the brakes before the driver even pushes the brake pedal.

“Adaptive brakes are equipped with the hill start assist function and the hold function which work together thereby preventing any unnecessary forward or reverse movement in the stationary position of a vehicle standing on a slope. Because of inflated costs, these systems are found only in the luxury car segments. But very soon, with advancement in technology, the cost of production of these advanced braking components will reduce, and they would be adopted in other vehicle segments, which will eventually fuel the demand for adaptive brakes in the automotive braking system market,” says Ganesh.

Increasing adoption of carbon ceramic brake pads

The vendors in the automotive industry are offering performance-enhancing technologies, which offer end-users a unique experience of comfort, safety, and enjoyment from their vehicles. Many automakers are developing advanced systems to attract more customers, by offering performance-enhancing solutions in their vehicles. The introduction of carbon ceramic brakes will revolutionize the automotive industry. Carbon ceramic brakes are around 65% lighter than traditional brake systems. These brakes help in reducing the level of friction with wheels and improve the overall fuel efficiency of vehicles.

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