Number of New Product Developments/Innovation in last 3 years
+7
R&D Expenditure (USD Billion)
+12
Company’s exposure in OE Market
+13
Company’s exposure in aftermarket
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KNORR-BREMSE AG Presence in
Autonomous Emergency Braking (AEB) System
The company has a wide geographic presence across the globe. Also, Knorr-Bremse is focusing on enhancing its position in emerging markets, such as Brazil and South Africa.The company concentrates on acquisitions to strengthen its competitive position in the market. In 2016, Knorr-Bremse acquired GT Group (UK) to reinforce its competitive position in the engine air management sector. In 2016, the company acquired tedrive Steering Systems GmbH (Germany). With this Knorr-Bremse acquired extensive expertise in the engineering, application, testing, production and assembly of steering systems and their components for truck platforms, high volume passenger cars, and high-performance applications.
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