Automotive Braking System Market

Company Headquarters: Germany Founded: 1889 Workforce: ~5,000 Company Working: VULKAN Group is a leading manufacturer of torsional flexible & rigid couplings, high power brakes, high speed & low-speed backstops, and resilient mounts. It is composed of three company divisions, namely, VULKAN Couplings, VULKAN Drive Tech, and VULKAN Lokring. Each of these divisions has its product range and independent control over its market activities. VULKAN Couplings produces highly flexible couplings, damper, mounts, and shafts for maritime applications and stationary energy generation. VULKAN Drive Tech produces couplings, dampers, mounts, and brakes for industrial applications. VULKAN Lokring is a producer of tube connections in the field of cooling/air conditioning technology. VULKAN Group has its operations in the US, Brazil, South Africa, the UK, Spain, France, Italy, Turkey, India, Singapore, Indonesia, Australia, China, South Korea, and Japan. American Vulkan Corporation and Vulkan Technologies Pvt Ltd are the subsidiaries of the company.

Company Headquarters: Germany Founded: 1905 Workforce: ~29,000 Company Working: Knorr-Bremse AG is the world’s leading manufacturer of braking systems and a leading supplier of safety-critical sub-systems for rail and commercial vehicles. It operates through three business segments, namely, rail vehicle systems, commercial vehicle systems, and others. In the rail vehicle systems segment, the company provides braking systems, intelligent entrance systems, HVAC systems, auxiliary power supply systems, control components & windscreen wiper systems, platform screen doors, friction material, driver assistance systems, and electrical traction equipment. The commercial vehicle systems segment offers the customers braking systems for trucks, buses, trailers, and agricultural machinery. Knorr-Bremse AG has its presence in countries such as France, India, Italy, Germany, the UK, Japan, Mexico, Austria, Sweden, Switzerland, South Korea, and the US. Some of the subsidiaries of the company are Kiepe Electric GmbH, Microelettrica Scientifica S.p.A, Knorr-Bremse Asia Pacific (Holding) Ltd, G.T. Group Ltd, and The New York Air Brake Corporation.

Company Headquarters: France Founded: 1923 Workforce: ~ 109,900 Company Working: Valeo is a global automotive supplier and partner to manufacturers. As a technology company, it develops novel solutions for smart transportation, with a special emphasis on intuitive driving and lowering CO 2 emissions. The company supplies auto parts in four business segments: comfort and driving assistance, powertrain systems, thermal systems, and visibility systems. In comfort and driving, the firm creates technology aimed at more autonomous and automated driving experiences. The powertrain segment produces full electrification solutions for urban cars and hybridization systems for all vehicles. Within the thermal area, Valeo manufactures car HVAC systems, engine and battery temperature management devices, and air-quality control solutions. The visibility division is responsible for the production of interior and exterior car lights as well as windscreen wipers. Valeo's operational profits are distributed uniformly across all of its business sectors. It has 187 plants, 65 research and development centers, and 15 distribution platforms in 33 countries across the globe. The company has operations in the U.S, Europe, Asia, France, and Africa.

Company Headquarters: South Korea Founded: 1962 Workforce: ~13,000 Company Working: Mando Corp. is engaged in the production and sale of automotive components. It operates through four business segments, which are brake system, steering system, suspension system, and driver assistance system. The brake system segment comprises caliper brakes, master cylinder & booster, drum brake, electric parking brake, ABS, TCS, ESC, integrated dynamic brake, and premium stylish caliper. The suspension system segment includes damper spring modules, shock absorbers, suspension struts, self-levelers, and semi-active suspensions. Since 1997, the company has partnered with the Anand Group for the distribution of its ABS. Its steering systems comprise steering gear systems, steering columns, electric power steering systems, and intermediate shafts, among others. Mando Corp. has 20 manufacturing plants, seven sales offices, and seven vehicle test centers. Additionally, it has 16 R&D centers across China, India, the US, Sweden, Germany, South Korea, and New Zealand. Some of its major customers are General Motors, Ford Motor Corporation, Fiat Chrysler Corporation, Nissan Motors Company, Volkswagen AG, BMW AG, Suzuki Motor Corporation, and Hyundai Motor Group. The company has a brake manufacturing facility in South Korea.

Company Headquarters: Germany Founded: 1915 Workforce: ~1,47,797 Company Working: ZF Friedrichshafen AG is a global technology company that is engaged in providing suspension systems for passenger cars, commercial vehicles, and industrial technologies. Additionally, it supplies driveline and chassis as well as active & passive safety technology to OEMs and aftermarket consumers. The company is primarily known for its design, research & development, and manufacturing activities in the automotive industry. It operates through nine business segments, which are car powertrain technology, car chassis technology, commercial vehicle technology, industrial technology, e-mobility, active safety systems, passive safety systems, aftermarket, and electronics & ADAS. Automotive braking systems are offered under its active safety systems segment. The car chassis technology segment offers shocks, dampers, steering, and chassis parts. ZF Friedrichshafen AG provides its products and services through various brands, including SACHS, LEMFÖRDER, and TRW. It has a strong global presence and operates across 230 locations in around 40 countries worldwide. The company has its production locations in the countries such as The Czech Republic, Germany, India, and Slovakia.

Company Headquarters: UK Founded: 1998 Workforce: ~21,000 Company Working: Delphi Technologies is one of the global leaders in manufacturing and distributing automotive components in the aftermarket. It is an automotive technology company that primarily serves automotive OEMs and provides aftermarket services and solutions. The company’s products have applications in passenger cars, trucks, SUVs, commercial vans, buses, light-duty, medium-duty, and heavy-duty trucks, and off-highway vehicles. Its products are procured by OEMs, aftermarket, and independent retailers and wholesale distributors. Delphi Technologies operates through two business segments, namely, powertrain system and aftermarket. The powertrain system segment comprises valvetrain, variable valve timing, fuel delivery modules, ignition coils, canisters, sensors, valves, actuators, and various powertrain components. The aftermarket segment covers fuel injection, electronics and engine management, maintenance, test equipment, steering & suspension, and vehicle diagnostics products. Delphi Technologies operates through 21 major manufacturing sites and 12 major technical centers worldwide. In 2018, it invested nearly USD 600 million in research and development. Delphi Powertrain Corporation is one of its major subsidiaries.