Published by mark itwired
Posted on October 5, 2021
5 min readLast updated: January 31, 2026
The automotive brake valve market is growing due to ABS installations in vehicles, with East Asia leading the market. Aftermarket opportunities are increasing.
Witnessing a prominent boost from the demand for high-speed racing cars, the global automotive brake valve market is set for a promising CAGR during 2019 – 2027. The sales of automotive brake valves will witness an uptick with the growing stringency of regulations to mandate anti-lock braking system (ABS) fitment in passenger cars and commercial vehicles, says a new study of Future Market Insights (FMI). Increasing sales of integrated electronic braking systems and electro hydraulic brake valves in automotive brake systems would elevate market prospects in the following years. Towards the end of forecast period, global sales of automotive brake valves are foreseen to reach in excess of US$ 8 Bn.
Automotive Brake Valve Market – Key Takeaways
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Considerably fair shelf life, and thus, low replacement rate of automotive brake valves will remain among the key factors limiting growth of the global market to a large extent, throughout forecast period.
Automotive Brake Valve Market to Grow in Parallel with ABS Production
The global automotive brake valve market is estimated to witness decent growth over the forecast period. Rapidly growing automotive industry, especially production and sales of sports cars, is substantially boosting demand for automotive brake valves. East Asia will retain its dominance in the global automotive brake valve market owing to comparatively higher vehicle fleet, followed by South Asia and North America.
AUTOMOTIVE BRAKE VALVES MARKET TAXONOMY
The global automotive brake valve market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
Product
Vehicle
Material
Sales Channel
Region
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Who Is Winning?
Automotive brake valve market is identified to be consolidated, comprising of market players such as Wabtec Corporation, Master Power Brakes, and Parker Hannifin Corp. Market players forming supply contracts with local and regional automotive ancillaries are expected to drive market growth. Furthermore, tie-ups between ABS and brake valve manufacturers are fueling automotive brake valve market growth. Moreover, continual dependency of local automotive OEMs on aftermarket sales will surge demand for automotive brake valves during the forecast period.
Report at Glance
The global automotive brake valves market report offers noteworthy insights and analysis for the forecast period of 2019-2027. The report includes macroeconomic factors, regional pricing analysis, market dynamics, value chain analysis, market value and volume analysis, emerging market trends, important stakeholders, list of manufacturers and distributors, industry roadmap for last five years, channel partners, and strategies deployed by market players to gain a competitive edge.
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About the Automotive Division of FMI
The automotive division of FMI offers a novel approach and innovative perspective in the analysis of the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery across the manufacturing sector and distinctive analysis about the installed base, consumables, replacement, USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders, and channel partners when it comes to sustaining, growing, and identifying new revenue prospects.
The post Automotive Brake Valve Sales to Soar, Majorly Buoyed by ABS Installations in Passenger and Commercial Vehicles: FMI appeared first on Industry News Analsis.
The article discusses the growth of the automotive brake valve market, driven by ABS installations in vehicles.
The market is expected to grow with a promising CAGR from 2019 to 2027, reaching over US$ 8 billion.
East Asia is leading the market, followed by South Asia and North America.
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