Air Brake Tubings Market size is estimated to be USD 1.1 Billion in 2024 and is expected to reach USD 1.8 Billion by 2033 at a CAGR of 6.5% from 2026 to 2033.
The global air brake tubings market was valued at approximately USD 4.3 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. North America dominated the market in 2022, accounting for around 36% of the total revenue share. The region’s strong demand is driven by the large automotive and transportation sectors, where air brake systems are critical. Europe holds a substantial share as well, with a growing focus on regulations for vehicle safety and emission standards, which in turn drives the need for advanced air brake systems. The Asia Pacific region is anticipated to witness the highest growth during the forecast period due to rapid industrialization, the expansion of the automotive industry, and increasing transportation networks across countries like China and India. The markets growth is primarily attributed to the rising demand for heavy commercial vehicles and the expanding logistics and transportation sectors. Additionally, the increased adoption of advanced braking systems across regions such as Latin America and the Middle East is contributing to market growth. Emerging markets offer significant opportunities, as the demand for air brake systems increases due to infrastructural developments, improvements in road networks, and stricter vehicle safety regulations. Furthermore, the growth of electric and hybrid vehicles is expected to further contribute to the demand for air brake systems, offering additional opportunities for manufacturers in the global air brake tubings market.
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Parker Hannifin
Eaton
Gates Corporation
Tectran
Velvac
Esdan Plastics
Yogdeep Enterprise
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Air Brake Tubings Market
Polyamide (PA)
Polyethylene (PE)
Polyvinyl Chloride (PVC)
Rubber
Metal
Heavy-Duty Trucks
Buses
Trailers
Construction Vehicles
Agricultural Machinery
Transportation and Logistics
Construction
Manufacturing
Aerospace
Mining
Small Diameter Tubing (up to 3/8 inch)
Medium Diameter Tubing (3/8 inch to 1 inch)
Large Diameter Tubing (over 1 inch)
Low Pressure (up to 150 PSI)
Medium Pressure (151 to 300 PSI)
High Pressure (301 PSI and above)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Air Brake Tubings Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Air Brake Tubings Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Air Brake Tubings Market, By Type
6. Global Air Brake Tubings Market, By Application
7. Global Air Brake Tubings Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Air Brake Tubings Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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