Automotive Brake Booster Market Overview, Trends, Opportunities, Growth and Forecast by 2027

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Global Automotive Brake Booster Market Research Report 2022-2027

© 2022 IMARC All Rights Reserved

Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group


About IMARC Group

Report Description

International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.


Report Description and Highlights Report Description Global Automotive Brake Booster Market Outlook 2022-2027: IMARC Group’s latest report, titled “Automotive Brake Booster Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global automotive brake booster market size reached 114.5 Million Units in 2021. Automotive brake boosters refer to essential safety devices located between the brake pedal and master cylinder. They help amplify the force applied on the foot pedal when transferring that force to the master cylinder, facilitating smooth brake actuation and reducing the pedal pressure required to stop or de-accelerate the vehicle. They also enhance brake efficiency and provide a comfortable driving experience by minimizing the effort needed for applying brakes. As a result, automotive brake boosters are widely installed in modern vehicles as a preventive braking measure to create an effective braking mechanism, eliminate the chances of brake failure, and assist in panic braking. Request for a PDF sample of this report: https://www.imarcgroup.com/automotive-brake-booster-market/requestsample


Report Description and Highlights

Report Description

Global Automotive Brake Booster Market Drivers/Constraints: The escalating demand for active vehicle safety systems, such as traction control systems (TCS), anti-lock braking systems (ABS), and electronic stability programs (ESP), represents the primary factor driving the market growth. Besides this, the implementation of stringent safety norms due to the increasing road accidents has accelerated the adoption of brake boosters. Additionally, brake boosters are rapidly replacing mechanical and hydraulic braking systems as they help decrease the overall vehicle weight and enhance driver safety and comfort. In line with this, the rising adoption of hybrid and electric vehicles (EVs) has augmented the product demand. Furthermore, the leading manufacturers are developing high-end intelligent braking systems compatible with upgraded automobile models to improve their performance and efficiency. Apart from this, the ongoing research and development (R&D) activities for introducing innovative brake booster and brake distribution technologies have catalyzed the market growth. Other factors, including the expanding automotive industry, increasing popularity of autonomous and semi-autonomous vehicles, surging vehicle ownership rates, inflating consumer disposable incomes, rapid globalization, and technological advancements, are also creating a favorable market outlook. View Report TOC, Figures and Tables: https://www.imarcgroup.com/automotive-brake-booster-market


Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Product: • •

Single Diaphragm Booster Dual Diaphragm Booster

Breakup by Vehicle Type: • •

Passenger Cars Commercial Vehicles

Breakup by End-User: • •

OEMs Replacement


Report Description and Highlights

Report Description Breakup by Region: • • • • •

North America Asia Pacific Europe Latin America Middle East and Africa

Looking forward, IMARC Group expects the market to reach 182.6 Million Units by 2027, exhibiting at a CAGR of 7.9% during 2022-2027.


Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • • • • • • • • •

Aisin Seiki Co., Ltd Hyundai Mobis Co., Ltd Continental AG TRW Automotive Holdings Corp Mando Corporation Robert Bosch GmbH Nissin Kogyo Co., Ltd Hitachi, Ltd Jilin Dongguang Aowei Brake System Co., Ltd Wanxiang Group Corporation Zhejiang VIE Science & Technology Co., Ltd APG-FTE Automotive Co., Ltd Beijing West Industries (BWI) Group Wuhu Bethel Automotive Safety Systems Co., Ltd Cardone Industries, Inc Liuzhou Wuling Automobile Industry Co., Ltd


Key Questions Answered in the Report

Report Description

1. What has been the historical growth rate of the global Automotive Brake Booster Market? 2. What has been the impact of COVID-19 on the global Automotive Brake Booster Market? 3. What are the key factors driving the global Automotive Brake Booster Market? 4. What is the breakup of the global Automotive Brake Booster Market based on the type? 5. What is the breakup of the global Automotive Brake Booster Market based on the application? 6. What is the breakup of the global Automotive Brake Booster Market based on the distribution channel? 7. What are the key regions in the global Automotive Brake Booster Market? 8. Who are the key players/companies in the global Automotive Brake Booster Market? Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/automotive-brake-booster-market/requestsample


Report Description 1

Preface

2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents


Report Description 5

Table of Contents

Global Automotive Brake Booster Market Industry 5.1 5.2 5.3 5.4 5.5 5.6 5.7

Market Overview Market Performance Impact of COVID-19 Market Breakup by Product Market Breakup by Vehicle Type Market Breakup by End-User Market Breakup by Region

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/automotive-brake-booster-market/toc


A partial List of

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions


A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions


Report Description and Highlights

Report Description

© 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.


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