Mechanical Brake

Mechanical Brake Market Outlook

The global mechanical brake market is anticipated to reach a valuation of USD 17.85 billion by 2025, expanding at a compound annual growth rate (CAGR) of 6.3% during the forecast period from 2025 to 2033. The increasing demand for advanced braking systems in various applications such as automotive and aerospace, along with the rising emphasis on safety standards and regulations, is primarily driving the growth of this market. Additionally, the expansion of the automotive industry, especially in emerging economies, and the growing trend towards electric and hybrid vehicles further support market growth. The robust technological advancements in braking systems, leading to enhanced performance and reliability, are also pivotal factors contributing to the mechanical brake market's expansion. Moreover, the rising awareness regarding the maintenance of braking systems and their functionality will continue to bolster the market as consumers prioritize safety and performance in vehicles.

Growth Factor of the Market

The mechanical brake market is experiencing significant growth due to various factors that are driving its expansion across multiple sectors. One of the primary growth factors is the increasing production and sales of vehicles globally, particularly in developing nations where urbanization and population growth are leading to a surge in demand for personal and commercial transportation. This rise in vehicle manufacturing directly correlates with the need for efficient and reliable braking systems, thereby boosting the mechanical brake market. Additionally, the aerospace and construction sectors are also contributing significantly to market growth through the adoption of advanced braking technologies to enhance safety and operational efficiency. The proliferation of electric vehicles (EVs) and hybrid electric vehicles (HEVs) is another crucial growth factor, as these vehicles require more sophisticated braking systems, which increases the demand for advanced mechanical brakes. Furthermore, regulatory bodies are imposing stricter safety regulations, pushing manufacturers to innovate and improve their braking systems, consequently driving the market forward. Lastly, the increased focus on research and development activities in brake technology ensures continuous improvement and adaptation to new challenges faced by manufacturers and end-users alike.

Key Highlights of the Market

• The mechanical brake market is projected to grow at a CAGR of 6.3% from 2025 to 2033.
• Automotive application is expected to dominate the market, representing a significant share of overall demand.
• Disc brakes are anticipated to be the leading product type due to their superior performance and safety features.
• North America is predicted to hold the largest market share, driven by advanced automotive technologies and stringent safety regulations.
• The shift towards electric vehicles is expected to fuel innovation in braking systems, leading to the development of more efficient mechanical brakes.

By Product Type

Disc Brakes:

Disc brakes are widely regarded as one of the most efficient and effective braking systems available, making them prevalent in both automotive and industrial applications. They use a rotor, or disc, that is clamped by brake pads during braking, allowing for controlled deceleration. Their performance is significantly enhanced under high-speed conditions, which makes them ideal for modern vehicles that require superior stopping power and reduced braking distance. Moreover, disc brakes dissipate heat more effectively, which helps in preventing brake fade, a condition that can lead to reduced performance during extended braking. The increasing demand for enhanced safety features in vehicles, coupled with the growth of the automotive sector, is driving the adoption of disc brakes, contributing to their substantial share in the mechanical brake market.

Drum Brakes:

Drum brakes are another traditional braking system, consisting of a cylindrical drum that rotates with the wheel and is equipped with brake shoes that press against the interior surface of the drum to create friction. While they are generally more cost-effective and simpler in design compared to disc brakes, they are often utilized in applications where weight and space are critical factors, such as in light commercial vehicles and older automotive models. Drum brakes are known for their durability and are less susceptible to environmental factors like water, making them suitable for various operational scenarios. With the rise of retrofitting older vehicles and the demand for cost-efficient braking solutions, drum brakes continue to hold their ground in the mechanical brake market.

Emergency/Parking Brakes:

Emergency or parking brakes serve a vital safety function by preventing vehicles from rolling when parked, especially on inclines. They are typically mechanical systems that can be activated manually, offering peace of mind to drivers concerned about vehicle stability when stationary. While traditionally simple in design, modern systems have seen technological advancements, incorporating electronic components for enhanced functionality and reliability. The growing emphasis on safety features in vehicles, along with regulatory requirements for effective parking solutions, is driving the demand for emergency and parking brakes. This segment is expected to witness continued growth as vehicle manufacturers innovate to improve their designs and integration with other systems.

Hydraulic Brakes:

Hydraulic brakes utilize hydraulic fluid to transmit force from the brake pedal to the brake mechanism, providing consistent and smooth braking performance. This technology is especially popular in heavier vehicles, such as large trucks and buses, where the braking system must cater to higher loads and demands. The efficiency of hydraulic brakes lies in their ability to amplify force, enabling drivers to achieve effective braking with minimal effort. Furthermore, the increasing focus on comfort and ease of use in vehicular design is propelling the adoption of hydraulic brake systems, as they offer superior responsiveness and reliability. As the automotive industry continues to evolve, hydraulic brakes remain a critical component, particularly in commercial vehicles and high-performance passenger cars.

Mechanical Caliper Brakes:

Mechanical caliper brakes are a type of braking system where a caliper houses the brake pads and is activated mechanically to create friction against a disc or rotor. This type of braking system is often found in performance-oriented vehicles and applications that demand high precision and quick response times. The growing interest in motorsports and performance vehicles is pushing the demand for mechanical caliper brakes, as they contribute to superior handling and braking performance. Additionally, innovations in materials and design are leading to lighter and more efficient caliper systems, further enhancing their appeal in the competitive automotive market. As consumer preferences shift towards high-performance vehicles, the mechanical caliper brake segment is poised for substantial growth.

By Application

Automotive:

The automotive sector is the largest application segment for mechanical brakes, dominated by a wide range of vehicles, including passenger cars, commercial trucks, and buses. With the increase in global vehicle production and the rising emphasis on safety and performance, the demand for efficient braking systems continues to soar. The automotive industry's shift towards electric vehicles (EVs) and hybrid vehicles is also impacting this segment, as these vehicles often require advanced braking technologies to manage regenerative braking systems. Moreover, the growing consumer awareness regarding the importance of brake maintenance and performance has led to heightened demand for high-quality mechanical brakes in the automotive sector. As such, innovations in braking technology, such as the integration of electronic components, are expected to drive further growth in this application segment.

Industrial:

In the industrial sector, mechanical brakes are utilized in various applications, including manufacturing equipment, conveyor systems, and heavy machinery. These brakes are critical for ensuring safety and operational efficiency in environments that demand reliability and durability. The increasing automation in industries is further driving the demand for high-performance mechanical braking systems, as automated machinery often requires precise and responsive braking capabilities to maintain safety standards. Additionally, the growth of infrastructure projects and the expansion of manufacturing facilities worldwide are expected to boost the demand for mechanical brakes in this segment. As industries continue to evolve and adopt new technologies, the need for advanced braking systems that can handle the rigors of industrial operations will remain a key driver of market growth.

Aerospace:

The aerospace sector employs mechanical brakes in various applications, including commercial and military aircraft, where safety is paramount. The stringent safety regulations and the critical need for reliable braking systems in aviation drive the demand for advanced mechanical brakes that can withstand extreme conditions and provide consistent performance. Innovations in materials and braking technologies are enhancing the capabilities of mechanical brakes in this sector, leading to lighter and more efficient systems that contribute to overall aircraft performance. The growing demand for air travel and the expansion of the global aviation industry also play a significant role in increasing the demand for mechanical brakes. As airlines invest in fleet modernization and new aircraft development, the aerospace application segment of the mechanical brake market is expected to witness substantial growth in the coming years.

Construction:

Mechanical brakes are essential in the construction industry, where they are utilized in various equipment, including cranes, excavators, and loaders. The demanding nature of construction operations requires braking systems that can provide reliable performance under heavy loads and challenging conditions. As the construction industry continues to grow, propelled by urbanization and infrastructure development projects, the demand for robust mechanical brakes is expected to rise. Additionally, the increasing focus on safety regulations and operating standards in construction is leading to higher investments in improved braking technologies. Companies are increasingly seeking high-quality mechanical brakes that ensure worker safety and equipment reliability, further driving the growth of this application segment.

Marine:

In the marine sector, mechanical brakes play a crucial role in ensuring the safety and efficient operation of vessels, including ships, boats, and submarines. These brakes are utilized in various marine applications, such as anchoring systems and towing operations, where reliability and performance are critical. The growing global maritime trade and the demand for leisure boating activities are positively impacting the marine mechanical brake market. Furthermore, the increasing focus on safety standards and regulations in the marine industry is driving the adoption of advanced braking systems that can handle the unique challenges of marine environments. As new technologies continue to emerge and the marine industry evolves, the demand for innovative mechanical brakes is expected to increase significantly.

By Distribution Channel

OEM:

Original Equipment Manufacturers (OEM) represent a significant distribution channel for mechanical brakes, as they supply braking systems to automotive and industrial manufacturers for installation in new vehicles and equipment. The OEM segment is driven by the increasing production of vehicles and machinery globally, as manufacturers seek to meet the rising demand for high-performance braking systems. Partnerships between brake manufacturers and automotive companies are becoming more common, leading to the development of advanced braking technologies that enhance vehicle performance and safety. Additionally, as vehicle specifications evolve to incorporate new technologies and safety standards, OEMs are under pressure to provide cutting-edge mechanical brake solutions that can meet these requirements.

Aftermarket:

The aftermarket segment for mechanical brakes is experiencing growth due to the rising demand for replacement and upgrade braking systems in existing vehicles and industrial equipment. As vehicle ownership increases, so does the need for maintenance and replacement of worn or outdated brake components. Consumers and businesses are becoming more aware of the importance of brake performance and safety, leading to a growing emphasis on quality aftermarket products. Additionally, the rise of e-commerce platforms has made it easier for consumers to access a wide range of mechanical brake options, further driving growth in this segment. The aftermarket for mechanical brakes is expected to continue to expand as individuals seek to enhance the performance and safety of their vehicles through quality replacement parts.

By Material Type

Steel:

Steel is one of the most commonly used materials in mechanical brakes due to its strength, durability, and cost-effectiveness. It is widely utilized in various brake components, including discs, drums, and calipers, providing the necessary performance characteristics required for effective braking. Steel's resistance to wear and ability to withstand high temperatures make it an ideal choice for many applications, from automotive to industrial setups. As the demand for reliable and affordable braking solutions continues to grow, steel remains a popular material in the mechanical brake market. Innovations in steel manufacturing and treatment techniques are further enhancing the performance of steel brake components, ensuring they meet the evolving demands of modern applications.

Aluminum:

Aluminum is increasingly being adopted in mechanical brake systems due to its lightweight properties and good corrosion resistance. This material is particularly favored in high-performance vehicles and aerospace applications, where weight reduction is a critical factor for efficiency and performance. Aluminum brake components can enhance vehicle dynamics by reducing unsprung weight, contributing to improved handling and fuel efficiency. The growing trend toward lightweight manufacturing and the increased focus on electric and hybrid vehicles are driving the demand for aluminum in mechanical brakes. As technology advances, manufacturers are continuously exploring ways to optimize the performance of aluminum brake components while maintaining safety and reliability.

Composite:

Composite materials are gaining traction in the mechanical brake market as manufacturers seek to develop innovative solutions that provide enhanced performance and weight savings. These materials can offer superior thermal and mechanical properties, making them suitable for high-performance applications where traditional materials may fall short. Composites can also exhibit resistance to corrosion and wear, which enhances the lifespan of brake components. The growing interest in advanced composite materials is primarily driven by the aerospace and automotive industries, where there is a constant demand for lighter and more efficient braking systems. As research and development in composite materials continue, their adoption in the mechanical brake market is expected to expand significantly.

By Region

North America is currently the largest market for mechanical brakes, driven by the presence of major automotive manufacturers and a well-established aerospace industry. The region is characterized by advanced technological developments and stringent safety regulations that compel manufacturers to innovate and improve their braking systems. The North American mechanical brake market was valued at approximately USD 5.5 billion in 2025, with a projected CAGR of around 5.8% through 2033. As electric vehicles gain popularity, the demand for advanced braking solutions is expected to increase significantly, further solidifying North America's position in the global mechanical brake market.

Europe follows closely behind as a key player in the mechanical brake market, largely due to its robust automotive sector and the growing trend towards environmentally friendly transportation solutions. Countries such as Germany, France, and the UK are at the forefront of automotive innovation, focusing on the development of advanced braking systems, especially for electric and hybrid vehicles. The European mechanical brake market was valued at around USD 4.8 billion in 2025, and the region is expected to witness a CAGR of 6.5% during the forecast period. The emphasis on safety regulations and the push for sustainable automotive solutions are anticipated to drive growth in the region, resulting in an increasingly competitive landscape for mechanical brakes.

Opportunities

The mechanical brake market presents numerous opportunities for growth, particularly driven by the increasing demand for advanced braking technologies across various applications. One of the most significant opportunities lies within the electric vehicle market, where manufacturers are seeking innovative braking solutions that complement regenerative braking systems. As the adoption of electric and hybrid vehicles continues to rise, the need for specialized mechanical brakes that enhance vehicle efficiency and performance will grow, presenting manufacturers with the chance to innovate and capture a larger market share. Additionally, as consumers become more safety-conscious, there is a rising demand for high-quality braking systems that adhere to stringent safety standards, creating opportunities for companies that prioritize research and development in this field. Furthermore, the expansion of infrastructure projects and the continuous growth of the construction industry provide additional avenues for mechanical brake manufacturers to supply equipment and vehicles with superior braking systems.

Moreover, the growing emphasis on sustainability in transportation and manufacturing opens doors for manufacturers to explore eco-friendly materials and production processes in the development of mechanical brakes. As industries shift towards greener practices, there is an opportunity to leverage advanced materials, such as composites and recycled metals, to create high-performance braking systems that minimize environmental impact. This transition not only responds to consumer and regulatory demands for sustainability but also positions companies as leaders in innovation within the mechanical brake market. Overall, the landscape is ripe with opportunities for growth, particularly for those willing to invest in research, development, and sustainable practices.

Threats

Despite the promising growth prospects in the mechanical brake market, several threats could hinder its progress. One of the most significant threats is the increasing adoption of alternative braking technologies, such as regenerative braking systems found in electric and hybrid vehicles. These systems, while beneficial for energy efficiency, can reduce the demand for traditional mechanical brakes in the automotive sector. Additionally, the rapid advancements in braking technology may lead to obsolescence for manufacturers that do not keep pace with innovation. Companies will need to continuously invest in research and development to remain competitive and meet evolving consumer demands. The potential for economic downturns and fluctuations in raw material prices can also pose threats to profitability and market stability, as manufacturers may face challenges in maintaining production costs.

Another key threat to the mechanical brake market is the increasing competition from emerging markets offering low-cost brake solutions. As globalization facilitates the entry of new players into the market, established manufacturers may face pressure to lower prices, affecting profit margins. Furthermore, the growing trend towards vehicle electrification may lead to increased regulation and scrutiny on the materials used in brake systems, potentially resulting in additional compliance costs for manufacturers. The market must also contend with fluctuating raw material availability and prices, particularly for critical components like steel and aluminum, which can impact production timelines and costs. These threats necessitate strategic planning and adaptability from manufacturers to navigate the complexities of the mechanical brake landscape effectively.

Competitor Outlook

• Brembo S.p.A.
• Continental AG
• Akebono Brake Industry Co., Ltd.
• Honeywell International Inc.
• ZF Friedrichshafen AG
• TRW Automotive Holdings Corp.
• Bosch Mobility Solutions
• Federal-Mogul LLC
• Valeo S.A.
• Haldex AB
• ITT Inc.
• Knorr-Bremse AG
• Mando Corporation
• Wabco Holdings Inc.
• Frenor Brake Systems

The competitive landscape of the mechanical brake market is characterized by a diverse range of players, including established corporations and emerging companies, each striving to capture market share through innovation and product development. Major manufacturers such as Brembo S.p.A. and Continental AG dominate the market, leveraging their expertise and extensive product portfolios to meet the demands of various applications, from automotive to aerospace. These companies are continuously investing in research and development to enhance their braking technologies, focusing on improving safety and performance while reducing environmental impact. Additionally, strategic partnerships and collaborations between manufacturers and automotive companies play a crucial role in bringing advanced mechanical brake solutions to market, further intensifying competition.

Emerging players in the mechanical brake market are leveraging technological advancements and innovative materials to carve out niches within the industry. Companies such as Mando Corporation and Haldex AB are focusing on developing lightweight and high-performance brake systems to cater to the growing demand for electric and hybrid vehicles. These players often adopt agile business models, enabling them to respond quickly to market changes and customer needs. Moreover, with the increasing emphasis on sustainability, many companies are exploring eco-friendly materials and production processes, positioning themselves as leaders in the development of green braking technologies. This heightened focus on innovation and sustainability will shape the competitive dynamics of the mechanical brake market in the coming years.

As the mechanical brake market evolves, companies will need to differentiate themselves through quality, performance, and customer service to maintain a competitive edge. Key players such as Bosch Mobility Solutions and Akebono Brake Industry Co., Ltd. are actively expanding their global presence and portfolio to cater to a diverse range of industries and applications. The emphasis on advanced braking systems, particularly in the automotive sector, will drive ongoing investments in technology and innovation. Strategic acquisitions and mergers are also expected to reshape the competitive landscape, enabling companies to enhance their capabilities and expand their market reach. As the industry continues to adapt to changing consumer preferences and regulatory demands, the competitive landscape will likely witness significant transformations in response to emerging trends and challenges.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 ITT Inc.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Haldex AB
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Valeo S.A.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Brembo S.p.A.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Continental AG
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Knorr-Bremse AG
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Federal-Mogul LLC
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Mando Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Wabco Holdings Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Frenor Brake Systems
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 ZF Friedrichshafen AG
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Bosch Mobility Solutions
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Honeywell International Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 TRW Automotive Holdings Corp.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Akebono Brake Industry Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Mechanical Brake Market, By Application
    • 6.1.1 Automotive
    • 6.1.2 Industrial
    • 6.1.3 Aerospace
    • 6.1.4 Construction
    • 6.1.5 Marine
  • 6.2 Mechanical Brake Market, By Product Type
    • 6.2.1 Disc Brakes
    • 6.2.2 Drum Brakes
    • 6.2.3 Emergency/Parking Brakes
    • 6.2.4 Hydraulic Brakes
    • 6.2.5 Mechanical Caliper Brakes
  • 6.3 Mechanical Brake Market, By Material Type
    • 6.3.1 Steel
    • 6.3.2 Aluminum
    • 6.3.3 Composite

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Mechanical Brake Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Mechanical Brake market is categorized based on

By Product Type

• Disc Brakes
• Drum Brakes
• Emergency/Parking Brakes
• Hydraulic Brakes
• Mechanical Caliper Brakes

By Application

• Automotive
• Industrial
• Aerospace
• Construction
• Marine

By Material Type

• Steel
• Aluminum
• Composite

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Brembo S.p.A.
• Continental AG
• Akebono Brake Industry Co., Ltd.
• Honeywell International Inc.
• ZF Friedrichshafen AG
• TRW Automotive Holdings Corp.
• Bosch Mobility Solutions
• Federal-Mogul LLC
• Valeo S.A.
• Haldex AB
• ITT Inc.
• Knorr-Bremse AG
• Mando Corporation
• Wabco Holdings Inc.
• Frenor Brake Systems