The automotive brake adjuster, also known as the slack adjuster, is a key component that maintains the correct distance between the brake shoes and the brake drum surface. The automated slack adjusters will adjust the brake shoes as the brake shoes and brake drums wear down, ensuring that the shoes stay at the correct distance from the drums.
MARKET DYNAMICS
The increase in demand of safety requirement in automobiles for government as well as customers is driving the growth for automotive brake adjuster market. The cost of making these components is one of the restraining factor for this market.
MARKET SCOPE
The "Automotive brake adjuster Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Automotive brake adjuster market with detailed market segmentation by form and distribution channel. The Automotive brake adjuster market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Automotive brake adjuster market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Automotive brake adjuster market is segmented into Type and Application. By Type, the Automotive brake adjuster market is classified into manual brake adjusters and automatic brake adjusters. By Application, the Automotive brake adjuster market is classified into passenger car and commercial vehicle.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the Automotive brake adjuster market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Automotive brake adjuster market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Automotive brake adjuster market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Automotive brake adjuster market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the Automotive brake adjuster market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Automotive brake adjuster market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Automotive brake adjuster market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Automotive brake adjuster market in these regions.
MARKET PLAYERS
The report covers vital developments in the Automotive brake adjuster market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the Automotive brake adjuster market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive brake adjuster in the global market. Below mentioned is the list of few companies engaged in the Automotive brake adjuster market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Automotive brake adjuster market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- ACCURIDE INTERNATIONAL INC.
- Ferdinand Bilstein GmbH + Co. KG
- Haldex
- Knorr-Bremse
- Meritor, Inc.
- MEI Brakes
- Osmanl Otomotiv
- STEMCO Products Inc.
- Wabco
- Zhejiang VIE Science & Technology
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Brake Adjusters Market - By Type
1.3.2 Automotive Brake Adjusters Market - By Application
1.3.3 Automotive Brake Adjusters Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUTOMOTIVE BRAKE ADJUSTERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTOMOTIVE BRAKE ADJUSTERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AUTOMOTIVE BRAKE ADJUSTERS MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE BRAKE ADJUSTERS - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE BRAKE ADJUSTERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. AUTOMOTIVE BRAKE ADJUSTERS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. MANUAL BRAKE ADJUSTERS
7.3.1. Overview
7.3.2. Manual Brake Adjusters Market Forecast and Analysis
7.4. AUTOMATIC BRAKE ADJUSTERS
7.4.1. Overview
7.4.2. Automatic Brake Adjusters Market Forecast and Analysis
8. AUTOMOTIVE BRAKE ADJUSTERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER CAR
8.3.1. Overview
8.3.2. Passenger Car Market Forecast and Analysis
8.4. COMMERCIAL VEHICLE
8.4.1. Overview
8.4.2. Commercial Vehicle Market Forecast and Analysis
9. AUTOMOTIVE BRAKE ADJUSTERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Automotive Brake Adjusters Market Overview
9.1.2 North America Automotive Brake Adjusters Market Forecasts and Analysis
9.1.3 North America Automotive Brake Adjusters Market Forecasts and Analysis - By Type
9.1.4 North America Automotive Brake Adjusters Market Forecasts and Analysis - By Application
9.1.5 North America Automotive Brake Adjusters Market Forecasts and Analysis - By Countries
9.1.5.1 United States Automotive Brake Adjusters Market
9.1.5.1.1 United States Automotive Brake Adjusters Market by Type
9.1.5.1.2 United States Automotive Brake Adjusters Market by Application
9.1.5.2 Canada Automotive Brake Adjusters Market
9.1.5.2.1 Canada Automotive Brake Adjusters Market by Type
9.1.5.2.2 Canada Automotive Brake Adjusters Market by Application
9.1.5.3 Mexico Automotive Brake Adjusters Market
9.1.5.3.1 Mexico Automotive Brake Adjusters Market by Type
9.1.5.3.2 Mexico Automotive Brake Adjusters Market by Application
9.2. EUROPE
9.2.1 Europe Automotive Brake Adjusters Market Overview
9.2.2 Europe Automotive Brake Adjusters Market Forecasts and Analysis
9.2.3 Europe Automotive Brake Adjusters Market Forecasts and Analysis - By Type
9.2.4 Europe Automotive Brake Adjusters Market Forecasts and Analysis - By Application
9.2.5 Europe Automotive Brake Adjusters Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Automotive Brake Adjusters Market
9.2.5.1.1 Germany Automotive Brake Adjusters Market by Type
9.2.5.1.2 Germany Automotive Brake Adjusters Market by Application
9.2.5.2 France Automotive Brake Adjusters Market
9.2.5.2.1 France Automotive Brake Adjusters Market by Type
9.2.5.2.2 France Automotive Brake Adjusters Market by Application
9.2.5.3 Italy Automotive Brake Adjusters Market
9.2.5.3.1 Italy Automotive Brake Adjusters Market by Type
9.2.5.3.2 Italy Automotive Brake Adjusters Market by Application
9.2.5.4 United Kingdom Automotive Brake Adjusters Market
9.2.5.4.1 United Kingdom Automotive Brake Adjusters Market by Type
9.2.5.4.2 United Kingdom Automotive Brake Adjusters Market by Application
9.2.5.5 Russia Automotive Brake Adjusters Market
9.2.5.5.1 Russia Automotive Brake Adjusters Market by Type
9.2.5.5.2 Russia Automotive Brake Adjusters Market by Application
9.2.5.6 Rest of Europe Automotive Brake Adjusters Market
9.2.5.6.1 Rest of Europe Automotive Brake Adjusters Market by Type
9.2.5.6.2 Rest of Europe Automotive Brake Adjusters Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Automotive Brake Adjusters Market Overview
9.3.2 Asia-Pacific Automotive Brake Adjusters Market Forecasts and Analysis
9.3.3 Asia-Pacific Automotive Brake Adjusters Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Automotive Brake Adjusters Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Automotive Brake Adjusters Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Automotive Brake Adjusters Market
9.3.5.1.1 Australia Automotive Brake Adjusters Market by Type
9.3.5.1.2 Australia Automotive Brake Adjusters Market by Application
9.3.5.2 China Automotive Brake Adjusters Market
9.3.5.2.1 China Automotive Brake Adjusters Market by Type
9.3.5.2.2 China Automotive Brake Adjusters Market by Application
9.3.5.3 India Automotive Brake Adjusters Market
9.3.5.3.1 India Automotive Brake Adjusters Market by Type
9.3.5.3.2 India Automotive Brake Adjusters Market by Application
9.3.5.4 Japan Automotive Brake Adjusters Market
9.3.5.4.1 Japan Automotive Brake Adjusters Market by Type
9.3.5.4.2 Japan Automotive Brake Adjusters Market by Application
9.3.5.5 South Korea Automotive Brake Adjusters Market
9.3.5.5.1 South Korea Automotive Brake Adjusters Market by Type
9.3.5.5.2 South Korea Automotive Brake Adjusters Market by Application
9.3.5.6 Rest of Asia-Pacific Automotive Brake Adjusters Market
9.3.5.6.1 Rest of Asia-Pacific Automotive Brake Adjusters Market by Type
9.3.5.6.2 Rest of Asia-Pacific Automotive Brake Adjusters Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Automotive Brake Adjusters Market Overview
9.4.2 Middle East and Africa Automotive Brake Adjusters Market Forecasts and Analysis
9.4.3 Middle East and Africa Automotive Brake Adjusters Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Automotive Brake Adjusters Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Automotive Brake Adjusters Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Automotive Brake Adjusters Market
9.4.5.1.1 South Africa Automotive Brake Adjusters Market by Type
9.4.5.1.2 South Africa Automotive Brake Adjusters Market by Application
9.4.5.2 Saudi Arabia Automotive Brake Adjusters Market
9.4.5.2.1 Saudi Arabia Automotive Brake Adjusters Market by Type
9.4.5.2.2 Saudi Arabia Automotive Brake Adjusters Market by Application
9.4.5.3 U.A.E Automotive Brake Adjusters Market
9.4.5.3.1 U.A.E Automotive Brake Adjusters Market by Type
9.4.5.3.2 U.A.E Automotive Brake Adjusters Market by Application
9.4.5.4 Rest of Middle East and Africa Automotive Brake Adjusters Market
9.4.5.4.1 Rest of Middle East and Africa Automotive Brake Adjusters Market by Type
9.4.5.4.2 Rest of Middle East and Africa Automotive Brake Adjusters Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Automotive Brake Adjusters Market Overview
9.5.2 South and Central America Automotive Brake Adjusters Market Forecasts and Analysis
9.5.3 South and Central America Automotive Brake Adjusters Market Forecasts and Analysis - By Type
9.5.4 South and Central America Automotive Brake Adjusters Market Forecasts and Analysis - By Application
9.5.5 South and Central America Automotive Brake Adjusters Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Automotive Brake Adjusters Market
9.5.5.1.1 Brazil Automotive Brake Adjusters Market by Type
9.5.5.1.2 Brazil Automotive Brake Adjusters Market by Application
9.5.5.2 Argentina Automotive Brake Adjusters Market
9.5.5.2.1 Argentina Automotive Brake Adjusters Market by Type
9.5.5.2.2 Argentina Automotive Brake Adjusters Market by Application
9.5.5.3 Rest of South and Central America Automotive Brake Adjusters Market
9.5.5.3.1 Rest of South and Central America Automotive Brake Adjusters Market by Type
9.5.5.3.2 Rest of South and Central America Automotive Brake Adjusters Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AUTOMOTIVE BRAKE ADJUSTERS MARKET, KEY COMPANY PROFILES
11.1. ACCURIDE INTERNATIONAL INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. FERDINAND BILSTEIN GMBH + CO. KG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HALDEX
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. KNORR-BREMSE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MERITOR, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MEI BRAKES
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. OSMANL? OTOMOTIV
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. STEMCO PRODUCTS INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. WABCO
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZHEJIANG VIE SCIENCE & TECHNOLOGY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ACCURIDE INTERNATIONAL INC.
2. Ferdinand Bilstein GmbH + Co. KG
3. Haldex
4. Knorr-Bremse
5. Meritor, Inc.
6. MEI Brakes
7. Osmanl Otomotiv
8. STEMCO Products Inc.
9. Wabco
10. Zhejiang VIE Science & Technology
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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