1. automotive and vehicles

Automotive Brake Valves Market Volume Forecast and
Value Chain Analysis 2017-2027
April 2017
Report Id : REP-GB-3436
Status : Ongoing
Category : Automotive & Transportation
©2015 Future Market Insights, All Rights Reserved
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Automotive Brake Valves Market
A driver being able to brake at optimum efficiency is one of the utmost concerns of any automobile
manufacturers while designing a vehicle. This is important to ensure vehicle and road safety norms. With
advancements in braking technology such as anti-lock braking, electronic stability control and dynamic
stability control, the modern day automotive braking system has become more advanced, efficient and
effective. Enormous research and development activities are being undertaken by automotive
manufacturers and research institutions to enhance the performance of vehicles and meet cost
optimization targets. Use of sensors, composite materials, control units and advanced vehicular
configurations have led to various much needed developments in vehicle braking system. Automotive
brake valves are one of the many vital components of the system. On application of brakes by a driver,
these brake valves regulate pressure between front and rear wheels. Various kinds of automotive brake
valves are employed in braking systems to ensure safe, efficient and effective performance of vehicles.
The family of automotive brake valves incorporates metering valves, proportionating valves, pressure
differential valves (residual valves), hydraulic brake valves and combination valves. A metering brake valve
helps in ensuring controlled flow of fluids from the master cylinder to braking ends. In case of front disc
and rear drum brakes, proportionating brake valves help in compensating pressure at wheel ends and
avoiding wheel lock-up. Pressure differential valves help in maintaining pressure in drum brakes, thereby
helping brakes to engage efficiently and effectively. Hydraulic brake valves are usually deployed in
vehicles installed with hydraulic power systems. Combinational brake valves can function as metering as
well as pressure differential valves.
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Automotive Brake Valves Market
Automotive Brake Valves Market Dynamics
The demand for automotive brake valves is directly proportional to production and sales of automotive
across the globe. Stable automotive sales growth and consistent growth prospects in developed
economies provide substantial support for growth in automotive components and ancillaries industry.
Increasing automotive fleet on road and repair and maintenance activities across the globe present
considerable aftermarket and replacement market potential for automotive brake valves suppliers.
Improving OEM production rates also represent lucrative growth opportunities for brake valve
manufacturers.
Elongated service life of components, utilization of advanced materials and advancements in drivetrain
and chassis technologies are expected to drive innovation cycles in automotive brake valves market.
Expansion of automotive production facilities and increasing preference for developing local sourcing
capabilities are further expected to spur growth in the domestic automotive brake valves market. On the
flipside, development of vehicle specific brake valves is expected to open wide opportunities for custom
brake valve manufacturers.
Automotive Brake Valves Market Segmentation
Automotive brake valves market can be segmented in several ways, of which some of the prominent
segmentation classes can be based on vehicle type, product type, material type, sales channel and
region.
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Automotive Brake Valves Market
On the basis of vehicle type, the global automotive brake valves market can be segmented into:
 Passenger Cars
 Compact
 Mid Size
 Executive
 Luxury
 SUV
 Commercial Vehicles
 Heavy Commercial Vehicles
 Off Road Vehicles
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Automotive Brake Valves Market
On the basis of product type, the global automotive brake valve market can be segmented into:
 Metering brake valve
 Proportionating brake valve
 Pressure differential brake valve
 Combinational brake valve
 Hydraulic brake valve
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On the basis of material type, the global automotive brake valve market can be segmented into:
 Steel
 Copper
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Automotive Brake Valves Market
 Brass
 Other Materials
On the basis of sales channel, the global automotive brake valve market can be segmented into:
 Original Equipment Manufacturer (OEM)
 Aftermarket
Automotive Brake Valve Market: Regional Overview
Global market split of automotive brakes is largely dependent on operating vehicle fleet and automotive
production in respective regions. Currently, Asia Pacific automotive brake market leads the pack with
significant demand volumes followed by Europe and North America region. Stable economic conditions,
consistent automotive production and increasing per capita income are some of the latent drivers
expected to drive growth in the Asia Pacific automotive market, in-turn supporting growth of automotive
brake valves in the region.
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Automotive Brake Valves Market
Automotive Brake Valves Market: Market Players
Automotive brake valves market is marked with the presence of a number of players active in different
parts of value chain including component suppliers, integrators and brake valves manufacturers. Some
examples of the market participants include Mico Inc. (a Wabco Company), Knorr-Bremse AG, FTE
Automotive, Bosch Chassis Systems India Pvt. Ltd. and other automotive brake valve manufacturers.
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