GLOBAL CONSTRUCTION EQUIPMENT BRAKES MARKET

KEY FINDINGS

• Considering the construction machinery’s work environment OEM’s prefer Hydraulically actuated Wet Multiple disc brakes for better traction, efficiency and Productivity in field operations.
• For medium machinery only Mechanical disc brakes and Drum brakes are preferred.
• Braking systems are being integrated with machine learning and live diagnosis for Traction control and other control systems for better dynamics and stability during On-site operations.
• Almost all braking systems that OEM’s developing, have less maintenance, better service to create less machine down-time.
• As Spring operated mechanical drum brakes are not suitable for heavy machinery many manufacturers are stopped the supply.

INTRODUCTION

Hydraulic fluids are most important in construction machines, as it plays major role in operations and has heavy lifting capacity due to its incompressible characteristics.  

Hydraulic actuated brakes will dissipate heat thoroughly and distribute heat more evenly than traditional mechanically actuated brakes, which means that hydraulic actuated brakes are more likely to last longer.

This cause is due to brake fluid that resists heat and compression in a hydraulic brake system. The final results increase safety in machines, slippage in rough terrains and precise stopping power in heavy operations to prevent productivity-robbing slippage.

Hydraulic brakes are also one of the most accessible systems to repair due to the readily available disc brake parts. They are regarded as sealed off closed systems because they do not lose fluid when functioning correctly. Therefore, it leaks only when the brake system is damaged.

MARKET DYNAMICS

Many OEM’s are working on large-capacity, continuously cooled, wet-multiple disc brakes that also function as a highly responsive retarder, which provides the operator greater confidence at higher speeds when traveling downhill. As Larger brakes have extra thermal capacity—the ability to absorb heat without fading on long downgrades.

Komatsu, Volvo and other OEM’s are working on advanced technologies like traction control system, Hill Decent control and Hill hold assist which monitors wheel speed and automatically engages and disengages the service brakes at individual wheels to limit tire slip, with slight adjustments in differential.

Types of Braking systems Preferred by OEM’s in US

Types of Braking systems Preferred by OEM’s in Europe

Types of Braking systems Preferred by OEM’s in India.

GLOBAL CONSTRUCTION EQUIPMENT BRAKES MARKET SIZSE AND FORECAST

Global construction equipment brake market is estimated with $XX Billion currently, growing at XX% CAGR till 2030.

COMPETITIVE LANDSCAPE

Recently Komatsu Articulated dump trucks are equipped with new tech wet disc brakes located on the ends of the front and middle axle, to improve safety and Productivity and their new Off-Highway Truck HD785-8,is enhanced by standard features as wet multiple disc brakes on all four wheels and automatic traction control, which automatically applies pressure to independent brake assemblies for better traction in a variety of conditions. This eliminates the need for differential lock-up, allowing better steering performance.

The wet disc brakes are designed to improve downhill brake performance. This truck is suitable for mining, quarry and aggregates operations, which automatically applies pressure to independent brake assemblies for better traction in a variety of conditions.

Articulated dump trucks developed by Caterpillar has all-axle wet brakes which reduces owning and operating costs, weight and downtime while improving braking performance.

The company attributes a nearly 3-percent productivity boost to these new brakes. In addition, the brakes are responsible for a 5-percent fuel efficiency boost.

Bell articulated trucks come configured for a pedestrian detection system (PDS). They provide the interface and electronically controlled brake valve required for PDS. Only suppliers that have successfully tested their PDS interface with Bell can install the equipment on these trucks and this will be effective with the 2021 models.

COMPANY PROFILES

• L&T
• BEML Ltd
• Mahindra Construction Equipment
• Tata Hitachi Construction Machinery
• Escorts Group
• ACE Ltd
• Liebherr Group
• Volvo CE
• CNH Industrial NV
• Wirtgen Group
• Metso Oyj
• Atlas Copco Group
• Manitou Group
• Wacker Neuson SE
• Fayat Group
• Sandvik Group
• Pon Equipment AB
• Hyundai Construction Equipment Co., Ltd.
• Caterpillar Inc
• Komatsu Ltd.
• Doosan Infracore Co. Ltd.
• Hitachi Construction Machinery Co., Ltd.
• J.C. Bamford Excavators Ltd. 
• John Deere
• Bell Equipment