Press release
Global Electric Brake Booster Market to Experience Significant Growth during the Forecast Period 2018-2027 / ACDelco, Ford Motor Company, FTE, Aisin, Bendix, Cardone, and Crown Automotive
Claim Sample Report For FREE: https://www.factmr.com/connectus/sample?flag=S&rep_id=678
As carmakers across the globe strive to further improve the comfort of drivers and passengers, they are increasingly outfitting their products with such advanced products. This spells great opportunity for the global electric brake booster market. Sensing it, many new players are eying the market with novel lightweight and cost effective solutions, particularly for the electric vehicles segment. All these are also serving to make the global electric brake booster market highly competitive and fragmented
The Asia Pacific electric brake booster market currently holds out maximum promise because of the growing automotive manufacturing by major car brands in the region. They are seen focusing on more evolved versions of their existing models as well on launch of newer, better models equipped with latest technologies such as electric brake boosters.
Representing a modern brake system, demand for electric brake booster is set to rise with the flourishing automotive industry, emerging auto parts manufacturers, increased demand for performance and rising vehicle ownership across the globe. With the thorough analysis of these trends, FactMR has published a new report on the global electric brake booster market. With the inclusion of drivers, trends, opportunities, and restraints in the research analysis, the report forecasts growth of the global electric brake booster market between the period of 2018 and 2027.
Brake booster amplifies the pressure on pedal and reduces the amount of pressure required for braking. With the communication between the boosters, a master cylinder installed with hydraulic pump, and an accumulator, electric brake booster delivers effective braking solution. As compared to the traditional vacuum or belt driven brake system, electric brake booster functions on an electrically powered motor.
With steady innovations in terms of sensors or hydraulic pump, the global brake system market is dominated by electric brake boosters. As effective safety systems of automobiles play an essential role in establishing consumer trust, consistent R&D efforts make the market dynamic and represent myriad of opportunities for the future, particularly in electric automotive industry.
With the focus to deliver cost-efficient and light-weight solutions, manufacturers are striving to deliver improvised products without compromising on the performance. Manufacturers have also developed two levels of electric braking system for incidences of primary electronic brake system failures. Considering the demand for vacuum less braking, high performance for emergency brake assistance, and energy recuperation, new production is focused on developing integrated and compact braking system that meets current as well as future demand.
Request Full Report with TOC: https://www.factmr.com/report/678/electric-brake-booster-market
The automotive industry has witnessed some of the biggest recalls of the automotive industry with reference to faulty auto parts such as airbags, seat belts, and brake systems. For instance, 2018 began with the safety recalls by automotive giants including Nissan, Fiat, Mazda, and Citroen. Among different reasons for recall, failure of brake booster water shield was included. Toyota also issued recall for faulty vacuum pump of the brake booster in the Kluger SUV. Brake boosters being a vital part of the automotive safety system, manufacturers are focusing on delivering safer as well as reliable brake system solutions.
In addition, to tightly regulate the future safety recall incidences, guidelines of NCAP have become stricter with respect to the safety technologies installed in the automotives. With this higher benchmark, manufacturers are engaged in R&D and innovation activities to strengthen their global market position.
Global Electric Brake Booster Market: Product Innovations
Current product innovations are directed towards making the brake boosters suitable for upcoming trend of electric and hybrid-electric vehicles. Industry titans are making great strides in launching a product that is suitable for the upcoming EV trend as well as aligned with regulatory requirements by the New Car Assessment Program (NCAP).
In the fourth quarter of 2017, Bosch had launched a new electromagnetic, vacuum-independent brake booster called iBooster. To meet the demand of an advanced braking system in modern driver assistance automobiles, Bosch has launched this new braking booster which is suitable for hybrid as well as electric vehicles. According to the company, iBooster’s second generation has lighter weight that accommodates the increasing demand for light weight fuel efficient vehicles.
ZF Friedrichshafen AG, a Tire One supplier of automotive industry has also developed an electric motor powered brake system. The new design replaces the conventional vacuum booster with an electric motor that communicates with the master cylinder.
Thus, the global electric brake booster market is expected to witness new entrants that focus on delivering novel electric brake solutions for EVs.
Global Electric Brake Booster Market: Key players
Few of the key market players in the global electric brake booster market include Bosch, Continetal, TRW, ACDelco, Ford Motor Company, FTE, Aisin, Bendix, Cardone, and Crown Automotive.
In conclusion, the report on the global electric brake booster market includes in-depth analysis of above-stated factors that influence the market growth. Such thorough analysis has made the report the most comprehensive research report that can assist financial community in making business decisions.
Ask Industry Expert about this Report – https://www.factmr.com/connectus/sample?flag=AE&rep_id=678
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Electric Brake Booster Market to Experience Significant Growth during the Forecast Period 2018-2027 / ACDelco, Ford Motor Company, FTE, Aisin, Bendix, Cardone, and Crown Automotive here
News-ID: 1437843 • Views: …
More Releases from Fact.MR
Gym Equipment Market Anticipates US$ 12,295.1 Million Valuation by 2032, Driven …
In 2022, the global gym equipment market is projected to reach a valuation of $7,698.4 million, with further growth expected at a CAGR of 4.8% to reach $12,295.1 million by 2032.
Recent developments in the gym equipment market have been influenced by the emergence of new franchised and non-franchised gym establishments in the post-Covid era. The majority of spending in gym setup is allocated to equipment, driving demand for gym equipment.
Download…
Chicory Root Fiber Market Set for Remarkable Growth, Expected to Surpass US$ 252 …
In 2023, the global chicory root fiber market is valued at $152.17 million and is projected to grow at a compound annual growth rate (CAGR) of 5.2%. By 2033, it is expected to reach a market worth of $252.63 million.
Chicory root fiber is a soluble dietary fiber consumed for its numerous health benefits, including enhanced bone health and weight management. It aids in the absorption of calcium in the body…
Pregnancy Pillow Market Projected to Reach US$ 891 Million by 2033, Growing at a …
The global pregnancy pillow market is projected to grow steadily at a Compound Annual Growth Rate (CAGR) of 3.2% from 2023 to 2033. This growth trajectory is expected to elevate the global demand for pregnancy pillows, reaching a market value of US$ 891 million by the end of 2033. This marks a significant increase from its current valuation of US$ 650 million in 2023.
Pregnancy pillows serve as essential maternity aids…
LiDAR Market to Expand at a 11.6% CAGR by 2034, Reaching US$ 7.1 Billion
The projected growth trajectory for the global LiDAR market (LiDAR-Markt) indicates an initial valuation of US$ 2.4 billion in 2024, with forecasts anticipating a robust expansion at a Compound Annual Growth Rate (CAGR) of 11.6%. By the conclusion of 2034, the market is expected to soar to US$ 7.1 billion, reflecting significant advancements and increasing adoption of LiDAR technology. The LiDAR (Light Detection and Ranging) market has witnessed remarkable growth…
More Releases for Brake
Brake Pad Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Mat …
Brake pads are used in automotive and other application and they are a component of brake disc. Brake pads are fixed in brake caliper and they helps in converting kinetic energy of vehicle into thermal energy. Increasing demand for environment friendly and light weight braking material is fueling the growth of brake pad.
Studying and analyzing the impact of Coronavirus COVID-19 on the Brake Pad industry, the report provides in-depth analysis…
Brake Pads, Rotors & Brake Shoes Market: Competitive Dynamics & Global Outlook 2 …
LP INFORMATION offers a latest published report on Brake Pads, Rotors & Brake Shoes Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Brake Pads, Rotors & Brake Shoes market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024,…
North America Industrial Brakes Market by Type (Mechanically-applied Brake, Hydr …
The North America industrial brakes market was valued at $146 million in 2017, and is projected to reach $189.48 million by 2025, growing at a CAGR of 3.4%. Industrial brakes play a crucial role in mechanical power transmission to deliver mechanical energy to shafts. This aids in facilitating motion in the industrial equipment. The speed of the motion can be controlled and subsequently used to deliver the desired action or…
Global Car Brake Pads Market Analysis 2018 Forecasts To 2025 : Federal Mogul, BO …
Global Car Brake Pads Market
Description:-
Wiseguyreports.Com Adds “Global Car Brake Pads Market 2018: Global Analysis, Industry Size, Share, Trends, Application Analysis and Growth Opportunities Forecast to 2025” To Its Research Database
Key Content of Chapters
Part 1:
Terminology Definition, Industry Chain, Industry Dynamics & Regulations and Global Market Overview
Part 2:
Upstream (Raw Materials / Components) & Manufacturing (Procurement Methods & Channels and Cost) , Major Regional Production Overview and Trade Flow
Part 3:
Product Segment Overview…
Automotive Brake System & Components Market Report 2018: Segmentation by Product …
Global Automotive Brake System & Components market research report provides company profile for Nissin Kogyo, Bosch, Akebono Brake, Magneti Marelli, Mando, Brembo, Continental, ZF Friedrichshafen, Delphi, Valeo, Federal-Mogul and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018…
Brake Linings Market Report for Period 2011 till 2023 - MAT Holdings, Meritor, J …
Global Brake Linings market report provides detailed analysis of companies namely MAT Holdings, Meritor, Japan Brake Industrial, Nsshnbo, Fuji Brake, Bendix, Sangsin, ICER, Marathon Brake System and Others. This report study includes global market statistics and analysis for example, company performance, historical analysis 2012 to 2016, market forecast 2017 to 2023 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2017 to 2023, etc.
Brake linings are…
