Press release
Automotive Hydraulic Brake Booster Market Analysis, Trends, New Innovations and Growth Potential
Automotive Hydraulic Brake Booster Market: IntroductionThe automotive hydraulic powered booster provides power assist for applying hydraulic brakes. A brake booster which is combined with a master cylinder forms an Automotive Hydraulic brake. The automotive hydraulic brake booster reduces the pedal effort required to apply brake as compared to non-power systems as it is powered by steering pumps or any other hydraulic source. The backup pump provides a secondary power of source to the automotive hydraulic brake booster, it uses power steering fluid pressure for brake assist.
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Automotive Hydraulic Brake Booster 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.
Automotive Hydraulic Brake Booster Market: Segmentation
On the basis of vehicle type
• Two Wheeler vehicles
• Passenger vehicles
• Light commercial vehicles
• Heavy commercial vehicles
On the basis of component type
• Booster body
• Booster piston
• Piston return spring
• Reaction mechanism
• Control valve mechanism
On the basis of brake type
• Drum Brake
• Disc Brake
On the basis of sales channels
• OEM
• Aftermarket
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Automotive Hydraulic Brake Booster Market: Regional Outlook
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.
Automotive Hydraulic Brake Booster Market: Key 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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