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global electric brake booster market is expected to grow at a CAGR of 24.96% during the forecast period, 2019–2026

08-28-2021 12:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: StraitsResearch

Electric Brake Booster Market

Pedal pressure needed for braking can be reduced using electric brake boosters. These boosters are primarily used in electric and hybrid vehicles. The demand for electric vehicles is on the rise, with considerable growth each year, which drives the electric brake booster market. For instance, the global fleet of electric vehicles grew by 54% to about 3.1 million in 2017 and is estimated to reach the 125 million mark by 2030. Leading manufacturers are also investing in developing and introducing different models to the market; however, their efforts are further complicating the underlying brake system technology. To overcome such issues and complications, manufacturers are offering programmable braking systems with a range of vehicle models. Bosch iBooster — an electromechanical brake booster – offers quick programming at the end of the production line, which can be installed to suit both right-hand-drive and left-hand-drive models.

The Major Players Covered in this Report:
Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, and Hitachi Ltd. 

The global electric brake booster market is expected to grow at a CAGR of 24.96% during the forecast period, 2019–2026.

Get a Sample PDF Report:
https://straitsresearch.com/report/Electric-Brake-Booster-market/request-sample

By Type, Two-Box, One-Box

By Application, EV, HEV/PEV

Segmentation Insights

Today, most of the available systems depend on the vacuum generated by combustion engines using electrical energy; however, it is not flexible for the latest driver-assist systems. The next-generation drivetrains used in hybrid & electric vehicles, as well as highly efficient combustion engines, require new braking assist system. Tandem or two-box type electric brake boosters are primarily used in large size vehicles such as electric or hybrid cars as well as trucks and buses, or any other heavy vehicles.

Regional Analysis For Electric Brake Booster Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Electric Brake Booster are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026

The study objectives of this report are:

To study and forecast the market size of the Electric Brake Booster in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
 Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players

For More Details On this Report:
https://straitsresearch.com/report/Electric-Brake-Booster-market

Contact Us:

Company Name: Straits Research
Email: sales@straitsresearch.com
Phone:
+1 646 480 7505 (U.S.)
+91 8087085354 (India)
+44 208 068 9665 (U.K.)

About Us:

Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enable us to determine greater insights by eliminating the research costs. Moreover, we're continually developing, not only with regards to where we measure, or who we measure but in how our visions can enable you to drive cost-effective growth.

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