The global economy is expected to expand 5.6% in 2021,global recovery is strong but uneven as many emerging market and developing economies continue to struggle with the COVID-19 pandemic, the world is unlikely to ever reach global herd immunity. However, the recovery in many countries is being held back by a resurgence of COVID-19 cases and lagging vaccination progress, as well as the withdrawal of policy support in some instances.
The annual U.S. economic growth rate slipped to -3.5% in 2020, but grew at a yearly pace of more than 6% in the previous two quarters of 2021. The economy of continental Europe bounced back in the second quarter after having contracted in both the fourth quarter of 2020 and the first quarter of 2021, as the vaccinations accelerated, and governments eased restrictions. Among major economies, the annualized growth rate was 6.1% in Germany, 3.6% in France, 11.2% in Italy, and 11.7% in Spain. The especially rapid growth in Spain and Italy was attributed to a surge in consumer spending, likely the result of an easing of economic restrictions.
Regional Economic Prospects: Growth in the East Asia and Pacific is projected to accelerate by 7.7% in 2021, Central Asia is forecast to grow by 3.9% this year, economic activity in the Middle East and North Africa is forecast to advance by 2.4%, South Asia is projected to expand by 6.8%.
The global The Passenger Air Brake market size was USD XX billion in 2021. It is likely to progress at a CAGR of XX% during the forecast period of 2022-2027, according to XYZResearch analysis, The segment in The Passenger Air Brake market is estimated to reach a market value of USD XX billion by 2021 from an initial market value of USD XX billion in 2021. China market value in 2021 is about USD XX billion, and China The Passenger Air Brake production is XX (K Units). US market value in 2021 is about USD XX billion, and US The Passenger Air Brake production is XX (K Units). Europe market value in 2021 is about USD XX billion, and Europe The Passenger Air Brake production is XX (K Units).
Regional Segmentation (Value; Revenue, USD Million, 2017 - 2027) of The Passenger Air Brake Market by XYZResearch Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in The Passenger Air Brake Market?
Meritor
TSE Brakes
Knorr-Bremse
Haldex
Sorl Auto Parts
ZF Friedrichshafen
Aventics (Emerson)
Nabtesco Automotive Corporation
Wabtec Corporation
UNO Minda
MGM Brakes
Sealco
Fritec
Major Type of The Passenger Air Brake Covered in XYZResearch report:
Air Disc Brake
Air Drum Brake
Application Segments Covered in XYZResearch Market
OEM
Aftermarket
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global The Passenger Air Brake Market Segment Research Report 2021
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global The Passenger Air Brake Market by Value
2.2.1 Global The Passenger Air Brake Revenue by Type
2.2.2 Global The Passenger Air Brake Market by Value (%)
2.3 Global The Passenger Air Brake Market by Production
2.3.1 Global The Passenger Air Brake Production by Type
2.3.2 Global The Passenger Air Brake Market by Production (%)
3. The Major Driver of The Passenger Air Brake Industry
3.1 Historical & Forecast Global The Passenger Air Brake Demand
3.2 Largest Application for The Passenger Air Brake (2017-2027)
3.3 The Major Downstream Company in China Market 2021
4. Global and Regional The Passenger Air Brake Market
4.1 Regional Market Size in Terms of Production & Demand (2021)
4.2 Regional Market Share in Terms of Revenue (2019-2027)
4.3 Concentration Ratio (CR5& CR10) of The Passenger Air Brake Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US The Passenger Air Brake Production, Demand (2017-2027)
5.1 Current and Estimated Production Breakdown by Type
5.2 Current and Estimated Demand Breakdown by Type
5.3 Current and Estimated Demand Breakdown by Application
5.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
5.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
6. Europe The Passenger Air Brake Production, Demand (2017-2027)
6.1 Current and Estimated Production Breakdown by Type
6.2 Current and Estimated Demand Breakdown by Type
6.3 Current and Estimated Demand Breakdown by Application
6.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
6.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
7. China The Passenger Air Brake Production, Demand (2017-2027)
7.1 Current and Estimated Production Breakdown by Type
7.2 Current and Estimated Demand Breakdown by Type
7.3 Current and Estimated Demand Breakdown by Application
7.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
7.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
8. Japan The Passenger Air Brake Production, Demand (2017-2027)
8.1 Current and Estimated Production Breakdown by Type
8.2 Current and Estimated Demand Breakdown by Type
8.3 Current and Estimated Demand Breakdown by Application
8.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
8.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
9. India The Passenger Air Brake Production, Demand (2017-2027)
9.1 Current and Estimated Production Breakdown by Type
9.2 Current and Estimated Demand Breakdown by Type
9.3 Current and Estimated Demand Breakdown by Application
9.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
9.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
10. Korea The Passenger Air Brake Production, Demand (2017-2027)
10.1 Current and Estimated Production Breakdown by Type
10.2 Current and Estimated Demand Breakdown by Type
10.3 Current and Estimated Demand Breakdown by Application
10.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
10.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
11. Southeast Asia The Passenger Air Brake Production, Demand (2017-2027)
11.1 Current and Estimated Production Breakdown by Type
11.2 Current and Estimated Demand Breakdown by Type
11.3 Current and Estimated Demand Breakdown by Application
11.4 Current and Estimated Revenue Breakdown by Type (2017-2027)
11.5 Current and Estimated Revenue Breakdown by Application (2017-2027)
12. Global The Passenger Air Brake Average Price Trend
12.1 Market Price for Each Type of The Passenger Air Brake in US (2017-2021)
12.2 Market Price for Each Type of The Passenger Air Brake in Europe (2017-2021)
12.3 Market Price for Each Type of The Passenger Air Brake in China (2017-2021)
12.4 Market Price for Each Type of The Passenger Air Brake in Japan (2017-2021)
12.5 Market Price for Each Type of The Passenger Air Brake in India (2017-2021)
12.6 Market Price for Each Type of The Passenger Air Brake in Korea (2017-2021)
12.7 Market Price for Each Type of The Passenger Air Brake in Southeast Asia (2017-2021)
13. Industrial Chain (Impact of COVID-19)
13.1 The Passenger Air Brake Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Technology Trends of The Passenger Air Brake
14. The Passenger Air Brake Competitive Landscape
14.1 Meritor
14.1.1 Meritor Company Profiles
14.1.2 Meritor Product Introduction
14.1.3 Meritor The Passenger Air Brake Sales, Revenue (2017-2021)
14.1.4 Strategic initiatives
14.2 TSE Brakes
14.2.1 TSE Brakes Company Profiles
14.2.2 TSE Brakes Product Introduction
14.2.3 TSE Brakes The Passenger Air Brake Sales, Revenue (2017-2021)
14.2.4 Strategic initiatives
14.3 Knorr-Bremse
14.3.1 Knorr-Bremse Company Profiles
14.3.2 Knorr-Bremse Product Introduction
14.3.3 Knorr-Bremse The Passenger Air Brake Sales, Revenue (2017-2021)
14.3.4 Strategic initiatives
14.4 Haldex
14.4.1 Haldex Company Profiles
14.4.2 Haldex Product Introduction
14.4.3 Haldex The Passenger Air Brake Sales, Revenue (2017-2021)
14.4.4 Strategic initiatives
14.5 Sorl Auto Parts
14.5.1 Sorl Auto Parts Company Profiles
14.5.2 Sorl Auto Parts Product Introduction
14.5.3 Sorl Auto Parts The Passenger Air Brake Sales, Revenue (2017-2021)
14.5.4 Strategic initiatives
14.6 ZF Friedrichshafen
14.6.1 ZF Friedrichshafen Company Profiles
14.6.2 ZF Friedrichshafen Product Introduction
14.6.3 ZF Friedrichshafen The Passenger Air Brake Sales, Revenue (2017-2021)
14.6.4 Strategic initiatives
14.7 Aventics (Emerson)
14.7.1 Aventics (Emerson) Company Profiles
14.7.2 Aventics (Emerson) Product Introduction
14.7.3 Aventics (Emerson) The Passenger Air Brake Sales, Revenue (2017-2021)
14.7.4 Strategic initiatives
14.8 Nabtesco Automotive Corporation
14.8.1 Nabtesco Automotive Corporation Company Profiles
Summary: Get latest Market Research Reports on Passenger Air Brake. Industry analysis & Market Report on Passenger Air Brake is a syndicated market report, published as (Post-pandemic Era)-Global The Passenger Air Brake Market Segment Research Report 2021. It is complete Research Study and Industry Analysis of Passenger Air Brake market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.