Press release
Hydraulic Brake Booster Market Research Report
A brake booster is used on virtually all vehicles which use hydraulic brakes for their primary braking circuit. Vacuum servos are not used on vehicles which use cables, rods (or other mechanical linkages), or pressurized air systems for their primary brake circuits.The global Hydraulic Brake Booster market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Hydraulic Brake Booster is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Hydraulic Brake Booster is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Hydraulic Brake Booster include Continental Automotive, Robert Bosch, FTE automotive, AISIN SEIKI, Hitachi Automotive Systems Americas, Demco, TRW Automotive Holdings, Mando Corporation and Crown Automotive Sales, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Hydraulic Brake Booster, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydraulic Brake Booster.
The Hydraulic Brake Booster market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Hydraulic Brake Booster market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hydraulic Brake Booster manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Scope of Global Hydraulic Brake Booster Market Report
By Company
Continental Automotive
Robert Bosch
FTE automotive
AISIN SEIKI
Hitachi Automotive Systems Americas
Demco
TRW Automotive Holdings
Mando Corporation
Crown Automotive Sales
CARDONE Industries
Segment by Type
Drum Brake
Disc Brake
Segment by Application
OEM
Aftermarket
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)
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