Automotive Brake Valve Market Overview:
During this period, the market will
gain from factors like rising inclusion of technologies in the automotive
sector, surging demand for better safety measures, imposing government
measures, and others are expected to boost the global market. In addition, the
market would gain from collaboration and hike in investment for the research
sector.
The Automotive Brake Valve Market reveals that
there is a possibility for the market to cross a valuation worth USD 5 billion
during the forecast period covering 2022 to 2030. Market Research Future (MRFR)
declared that the market stands to register a CAGR of 5% during the forecast
period of 2022 to 2030.
Brake Valve on a Car
A brake valve in a car is
a component in the braking system that helps to control the application and
release of the brakes. Its primary function is to modulate the pressure of the
brake fluid that is sent to the brake calipers or wheel cylinders, ensuring
that the brakes are applied smoothly and efficiently.
Function of the Brake
Control Valve
The brake control valve
regulates the pressure in the braking system. It ensures that the brake
pressure is applied progressively, preventing the wheels from locking up and
providing smooth braking. This is particularly important in systems like
Anti-lock Braking Systems (ABS), where the control valve helps modulate the
pressure to avoid skidding.
Get Free Sample
Report of Automotive Brake Valve Size
Automotive Brake Valve Industry
News
In July 2020, BEKA’s launched a new
motorized hydro pneumatics valve that can activate trailer’s brakes in
difficult situations to avoid any potential danger. In cases like slowing and
stopping a tractor that is pulling a trailer can create a crisis as hydrostatic
tractor transmissions can drastically slow the tractor without any operation of
the brake pedal. This means the trailer’s brakes would stop working. This could
create scope for BEKA to percolate across companies where end users can easily
profit from such a technical advantage.
Function of the Brake
Body Valve
The brake body valve is
often part of the main brake valve assembly and is responsible for distributing
the brake fluid to different parts of the braking system. It ensures that the
correct amount of brake fluid is sent to each wheel, maintaining balance and
effective braking.
Brake Pressure Valve
A brake pressure valve is
designed to control the pressure within the braking system. It can include
components like the pressure relief valve, which prevents the pressure from
exceeding a certain limit, and the proportioning valve, which adjusts the
pressure between the front and rear brakes to ensure stability and control
during braking.
Automotive Brake Valve Market Size
Segmentation:
The study covering details of the
global Automotive Brake Valve Market
Size reveals segments based on vehicle type, material type, product type, and
sales channel. MRFR analysts used these to gather information, which can then
help in the proper charting of routes.
By product type, the study of the
global Automotive Brake Valve Market
Size includes segments like pressure differential, metering, hydraulic,
combinational, proportionating, and others. The pressure differential segment
has the opportunity to take charge of the global Automotive Brake Valve Market Size.
By material type, the review of the
global Automotive Brake Valve Market
Size includes segments like copper, brass, steel, and others.
By sales channel, analysts have
discussed the global Automotive Brake
Valve Market Size on the basis of OEM and aftermarket.
Automotive Brake
Valve Market Size Competitive Landscape:
Sundoz Co., Ltd (Taiwan), MAHLE GmbH
(Germany), Knorr-Bremse AG (Hungary), WABCO (Belgium), Federal-Mogul Holdings
Corp. (USA), EBS Aftermarket Group Limited (UK), Alfmeier precision SE
(Germany), Continental Automotive GmbH (Germany), Eaton Corporation Plc
(Ireland), and Poclain Hydraulics (France) are companies with significant
market coverage. This is happening as these companies are investing much in
tactical moves to gain more from the Automotive Brake Valve Market Size.
Automotive Brake Valve Market Size Regional
Analysis:
Increasing fleet size, rising
production of vehicles, and impact of the transportation sector are expected to
help Asia Pacific retain its market dominance in the coming years. China, South
Korea, Japan, India, and others will provide the needed thrust to the market.
During the COVID-19 crisis, production
of automotive came to a grinding halt as lockdowns imposed across countries
prevented factories from operating with full force. In fact, it also affected
the supply chain in notable ways. Such a pummeling effect from several sides
forced the industry to face substantial financial crunch, owing to which its
associated industries also got impacted. However, times are changing and
countries have started normalizing things, which would be beneficial for the
industry.
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