Air Brake System Market - Forecast(2021 - 2026)

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Air Brake System MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Global Air Brake System Market is estimated to
  reach 5.2 billion by 2026, after growing at
  a CAGR of 3.6 during the forecast period
  2021-2026.
• Increasing adoption of air brake or air
  compressor brake solutions in medium to heavy
  duty vehicles is one of the major driving factor
  that is expected to drive the automotive air
  brake system market.
• Currently, hydraulic braking system which is
  extensively used in vehicles can impact a safety
  related issue, as these hydraulic brakes are not
  capable of generating enough power to offer
  safety to the medium and heavy vehicle while
  vehicles are in motion. 

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• Key Takeaways
• Asia-Pacific dominates the air brake system
  market owing to increasing demand from Heavy duty
  truck vehicle segment.
• With rising focus towards safety and increasing
  demand of medium to high loading capacity mostly
  demanding from regions including North America
  and Asia-pacific region penetrate the growth of
  the market across the globe.
• Automotive OEMs have been continuously focusing
  on improving the vehicle efficiency that has
  resulted in the growth of weight reduction
  measures of the vehicle.

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By Distribution Channel- Segment Analysis Air
dryer component segment is expected to have a
largest market share in the air brake system
outlook by 2026. This segment is estimated to
grow at a CAGR of 4.0 during the forecast
period. Increasing preference for lightweight
brake components is expected to drive the growth
of the market in the forecast period.
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• Air Brake System Market Industry Outlook 
• Knorr-Bremse,
• Wabco, Meritor,
• Wabtec,
• Nabtesco,
• TSE Brakes,
• Federal-Mogul,
• Silverbackhd
• Mahle Aftermarket
• Tata Autocomp

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Air Brake System Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Air-Brake-Sys
tem-Market-Research-505724
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id505724

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Reddy Contact (1) 970-236-3677 Email
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