Global Electric Vehicle Brakes Market 2021-2026

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    GLOBAL ELECTRIC VEHICLE BRAKES MARKET

     

    INTRODUCTION

    Brakes are one of the most critical components of a car. Every brake works on the basis of friction. Friction opposes any force, but we enhance it by applying brakes. Friction turns kinetic energy into heat energy, bringing the vehicle to a halt. Every time you hit the brakes; friction will be used to bring the automobile to a halt. Brakes bring a fixed element into contact with a moving one, producing friction.

     

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    The first drum brakes were installed on a Maybach automobile in 1990, and the operating mechanism was patented later that year by Louis Renault. Asbestos was utilised to dissipate heat in the first patented drum brake, while levers, rods, and cables were employed to actuate the brake manually. They had several flaws, yet they were nevertheless utilised since they were the best option at the time.

     

    EVs utilise regenerative braking to replenish their batteries while driving. Electric vehicles (EVs) primarily run on the energy they store when connected into a power outlet, but they also employ regenerative braking to help recharge the battery.

     

    GLOBAL ELECTRIC VEHICLE BRAKES MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Compact International initiative towards Global Presence Compact International(1994) Co. Ltd., a leading brake manufacturer in Thailand, aims to make progress on research and development for electric-vehicle (EV) brakes as a response to changes in EV technology and to render the safest ride to all customers. USA This would enhance better EV Brakes Technologies and production
    2 Introduction of NSR EV pads for Braking Systems NRS Brakes has introduced NRS EV – brake pads engineered for electric and electric-hybrid vehicles which utilize regenerative braking in addition to friction braking – for the Tesla Model 3. USA This would help in better presence and social responsibility on increased levels of requirements
    3 ZF Series Production launch of EV Braking System ZF brake control solutions will be established as standard in Volkswagen’s ID.3 and ID.4 models as well as in Volkswagen Group’s globally marketed modular e-drive system MEB platform. EU This would improve its presence and production capability of new generation braking system

     

     

    GLOBAL ELECTRIC VEHICLE BRAKES MARKET DYNAMICS

    All electrified cars, like ordinary vehicles, include conventional braking systems in addition to the regenerative system. These make use of metal discs known as rotors, which are positioned behind the wheels and revolve with them. When you press the brake pedal, hydraulic fluid pressure squeezes metallic brake pads tightly against the rotors, causing friction and slowing the automobile.

     

    In the most recent market development, the EVs are being integrated with one pedal driving. The aggressive braking is selected, the system will capture and store more energy, but the vehicle will also slow down sooner, and in some cases, may come to a complete stop.

     

    With experience, drivers may be able to navigate through severe traffic by simply using the throttle, accelerating enough to go ahead as needed, then releasing off the foot and allowing regenerative braking to bring the vehicle to a halt.

     

    As part of market technological integrations, The EV Brakes have changed considerably into varied forms of operations across the global screen. The most recent market development of The brake-by-wire system is also designed to integrate itself with the regenerative braking and driver-assistance systems. Therefore, it’s not difficult to imagine that a day will come when the cars brake on their own as the autopilot will tell them to do so (as is already happening now with electric steering).

     

    These market changes from the disc and drum brake-based systems to the regenerative based systems have been crucial in most of the countries. The Regenerative braking has been reassigned and mobilised with the increased enhancements of automation and leverage on technological grounds. The intelligent systems of operations has brought upon the required muscle to stretch and bring on the one pedal system of operation within the EVs.

     

    GLOBAL ELECTRIC VEHICLE BRAKES MARKET SEGMENTATION

     

    The Global Electric Vehicle Brake Market can be segmented into following categories for further analysis.

     

    By EV Classification

    • BEV
    • HEV
    • FCEV

     

    By Braking Type

    • Disc Based Brake
    • Drum Based Brake
    • Hydrostatic Brake
    • Hydraulic Wet Brake
    • Dynamic Brake
    • Pneumatic Actuation
    • Hydraulic Actuation

     

    By Technology

    • ABS – Anti Lock Braking System
    • ESC – Electronic Stability Control
    • Traction Control System – TCS
    • EBD – Electronic Brake Force Distribution

     

    By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL ELECTRIC VEHICLE BRAKES

    EV Brakes works on the principles of an advanced braking system termed as the regenerative braking system. Regenerative braking is a technique that uses the lost energy from slowing down an automobile to recharge the car’s batteries. Braking in a conventional automobile just wastes energy; but, with regenerative braking, part of the energy may be recovered.

     

    The New Wheel Concept evolved in various new projects, which are the Bionic lightweight calliper, which is proposed to also use an aluminium rotor, and the Intelligent Hydraulic Drum Brake with Lightweight Composite Drum. Under the same concept, The EDIB has been introduced which is the Electric Driven Intelligent Brakes. The EDIB (Electric Driven Intelligent Brake) allows and controls optimization of the regenerative brake and regular friction brake (hydraulic brake).

     

    When the brake pedal is depressed, the system generates a natural and sufficient braking force that corresponds to the action. The amount of energy regeneration must also be raised to the greatest extent feasible. To meet both of these needs, EDIB (Electric Driven Intelligent Brake) manages the regenerative and friction brakes. Furthermore, it regulates the reactive force from the pedal in order to harmonise the sensation of stepping down on the pedal with the impression of deceleration.

     

    The Brake Manufacturing major , ZF Technologies, has introduced the ZF brake control based on a combination of the company’s electronic brake booster (EBB) and its electronic stability control (ESC). The system is part of a software network housed in the stability control unit. It helps meet stringent safety standards set by the European road safety association EuroNCAP.

     

     

    COMPETITIVE LANDSCAPE

    Brakes have been one of the most essential components of operations in the Electric vehicle systems as it plays the major role of stopping the vehicle at required operational timeframes by the user. The basic conventional cars operate upon the module operations of pedal and motion slowing down of the vehicle at a required pace of braking distances. But as more cars come equipped with electric motors hybrids or completely battery-powered the big deal is regenerative braking.

     

    NRS Brakes has recently made its mark in the EV Brakes and operational requirements so as to have better regenerative braking integrated within the market requirements of EVs. They have introduced the zinc plated NRS-EV brakes which are specifically engineered for your EV. Instead of adhesives, the brake pads have In-situ galvanized hooks called SHARK Metal on the backing-plate surface. These hooks provide a mechanical retention of the friction material, overcoming inadequacies of adhesive usage. RS zinc plated protection prevents corrosion, affording a very robust rust inhibition over the lifetime of the brake pad.

     

    Continental AG, which has been placing one of the most remarkable technological integrations in the requirements of EVs, has introduced the Lightweight Aluminium Brakes into action throughout the EV Brakes Market. It is investigating the potential of lightweight aluminium brake components that might manage the decreased braking needs of EVs at a lower cost and weight than the brakes now in use. When the enclosing drum is aluminium, there is no rust or corrosion to detract from the vehicle’s appearance. This integrated approach of Drum brakes and Aluminium Casing based traction has been introduced into the EVs.

     

    COMPANIES PROFILED

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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