Press release
Automotive Hydraulic Brake Booster Market to Hold a High Potential for Growth by 2025
Global automotive hydraulic brake booster Market: Market Dynamics
As the braking systems are becoming increasingly common in automobile the demand for automotive hydraulic brake boosters are increasing. A higher level of technologies and systems are being used in brake systems automotive hydraulic brake booster being one of it, in several European cars which has made more efficient braking systems. One of the driving factor is the increasing demand for vehicle production. The increasing regulations made by government in order to improve the vehicle safety has impacted the growth of global automotive hydraulic brake booster market. The cost of automotive hydraulic brake booster are less compared to other electronic brake systems. The factor restraining the automotive hydraulic brake booster market is that the heat that is generated by the brake application is greater than the rate of heat dissipation as a result higher brake temperature occurs, if repeated stops are made, temperature becomes high enough to heat to damage the brake linings, brake fluids and brake drums, the factors that lead to heating of the automotive hydraulic brake booster are load on the vehicle, operator abuse, lack of adjustment of brakes, unbalanced braking and speed of the vehicle.
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Global Automotive hydraulic brake booster Market: Market Segmentation
The global automotive hydraulic brake booster market has been classified by vehicle type, component type, types of brakes and sales channel.
On the basis of vehicle type, the global automotive hydraulic brake booster market is segmented into:
Two Wheeler vehicles
Passenger vehicles
Light commercial vehicles
Heavy commercial vehicles
On the basis of component type, the global automotive hydraulic brake booster market is segmented into:
Booster body
Booster piston
Piston return spring
Reaction mechanism
Control valve mechanism
On the basis of brake type, the global automotive hydraulic brake booster market is segmented into:
Drum Brake
Disc Brake
On the basis of sales channels, the global automotive hydraulic brake booster market is segmented into:
OEM
Aftermarket
Global automotive hydraulic brake booster Market: Segmentation Overview
Passenger vehicles segment has the higher rate of usage of automotive hydraulic brake boosters. Disc brake type is preferred by manufacturers globally. Moreover, the increasing regulations made by government in order to improve the vehicle safety has impacted the growth of global automotive hydraulic brake booster market.
Global automotive hydraulic brake booster Market: Regional Overview
Based on the geographies, the global automotive hydraulic brake booster market is fragmented into seven key regions- Latin America, North America, Eastern Europe, and Western Europe, Middle East & Africa, Asia-Pacific except Japan and Japan. Among the regions mentioned above, Western Europe has the highest market share compared to other regions followed by Asia-pacific except japan, japan is expected to significantly contribute to the market. Overall the market for automotive hydraulic brake booster is expected to have a positive growth owing to growing demand of automotive hydraulic brake booster in two wheeler vehicles.
Global automotive hydraulic brake booster market Players
Some of the market players identified in the global automotive hydraulic brake booster market includes:
Continental Automotive GmbH
Robert Bosch Corporation
FTE automotive
AISIN SEIKI Co., Ltd.
Hitachi Automotive Systems Americas, Inc.
Demco
TRW Automotive Holdings Corp.
Mando Corporation
Crown Automotive Sales Co. Inc.
CARDONE Industries
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