Automotive Auxiliary Brake Market Climbs $9.65 Bn by 2034

Automotive Auxiliary Brake Market Growth Drivers, Challenges and Opportunities

According to forecasts, the global automotive auxiliary brake market will grow from USD 5.39 billion in 2024 to USD 9.65 billion by 2034, with an expected CAGR of 6%. North America leads the automotive auxiliary brake market, driven by rising passenger vehicle sales. Europe is set for strong growth, thanks to its many automakers. Mechanical auxiliary brakes dominate due to their reliability. Passenger vehicles, especially SUVs, drive market demand worldwide.

The automotive auxiliary brake market is forecast to grow from USD 5.71 billion in 2025 to USD 9.65 billion by 2034, driven by a CAGR of 6% from 2025 to 2034.

Automotive Auxiliary Brake Market Size 2023 - 2034

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Introduction

The automotive auxiliary brake market is a crucial sector of the automotive components industry. This industry deals in manufacturing and distribution of auxiliary brakes for automotives. There are several types of brakes developed in this sector consisting of hydraulic auxiliary brake, electronic auxiliary brake, pneumatic auxiliary brake, mechanical auxiliary brake and some others. These brakes consist of various components such as brake pads, brake discs, brake calipers, brake valves and some others. It finds several applications in different vehicles including passenger vehicles, commercial vehicles, heavy-duty trucks and recreational vehicles. The growing sales of passenger vehicles around the world has contributed to the industrial expansion. This market is predicted to rise significantly with the growth of the automotive sector in different parts of the world.

Malaysia Passenger Vehicles Sales (2022-23)

  • According to the Malaysian Automotive Association, around 641773 passenger vehicles were sold in Malaysia during 2022 that increased to 719160 in 2023.

Highlights of the Automotive Auxiliary Brake Market

  • North America held the dominant share of the automotive auxiliary brake market due to the rising sales and production of passenger vehicles in this region.
  • Europe is expected to grow with a significant CAGR due to the presence of several automotive companies in this region.
  • The mechanical auxiliary brake segment dominated the market due to its simplicity and reliability.
  • The passenger vehicles segment led the market due to the growing demand for SUVs across the world.

Automotive Auxiliary Brake: Stats and Figures

  • According to the Our World in Data, in 2023, around 1-in-5 new cars sold globally were electric vehicles.
  • According to the India Brand Equity Foundation, the Indian auto components industry is projected to reach around US$ 200 billion by 2026.
  • According to the Society of Motor Manufacturers and Traders Limited, around 142876 vehicles were registered in UK during 2024.
  • According to the International Organization of Motor Vehicle Manufacturers, around 25,386 passenger cars were sold in United Arab Emirates during 2023.

Industry Leader Announcement

In September 2024, Brian Wilson, the General Manager of eMobility at Accelera made an announcement stating that, “Our new iBCR transforms traditional electric drive systems by integrating enhanced efficiency, safety and cost-effectiveness, “By harnessing regenerative braking and optimizing energy management, we’re driving innovation while shaping a cleaner, greener mobility landscape.”

Competitive Landscape

Automotive Auxiliary Brake Market Companies

The automotive auxiliary brake market is a highly fragmented industry with the presence of several dominating players. Some of the prominent companies in this industry comprises of KnorrBremse, ZF Friedrichshafen, Siemens, Brembo, Adler Pelzer Group, Trelleborg, Bosch, Honeywell and some others. These market players are constantly engaged in developing advanced auxiliary braking systems for automotives and adopting numerous strategies to maintain their dominance in this industry.

ZF Friedrichshafen Revenue in Million Euros (2022-23)

  • According to the annual report of ZF Friedrichshafen, the revenue of the company in 2022 was 43801 million euros that increased to 46627 million euros in 2023.

Market Segmentation

By Type

  • Hydraulic Auxiliary Brake
  • Electronic Auxiliary Brake
  • Pneumatic Auxiliary Brake
  • Mechanical Auxiliary Brake

By Application

  • Passenger Vehicles
  • Commercial Vehicles
  • Heavy-Duty Trucks
  • Recreational Vehicles

By Brake System Type

  • Disc Brake System
  • Drum Brake System
  • Anti-lock Braking System
  • Air Brake System

By Component

  • Brake Pads
  • Brake Discs
  • Brake Calipers
  • Brake Valves

By Region

  • North America
  • Europe
  • South America
  • Asia Pacific
  • Middle East and Africa
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  • Insight Code: 1584
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 03 March 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

The automotive auxiliary brake market is valued at US$ 5.71 billion in 2025.

North America dominated this industry.

The growing sales of passenger vehicles coupled with technological advancements in automotive component industry has driven the market growth.

Some of the prominent players of this industry consists of KnorrBremse, ZF Friedrichshafen, Siemens, Brembo, Adler Pelzer Group, Trelleborg, Bosch, Honeywell and some others.

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