Press release
Electro-Mechanical Brake (EMB) System Market Size 2023
Electro-Mechanical Brake (EMB) System MarketAn Electro-Mechanical Brake (EMB) system is an advanced braking system that uses electric motors and sensors to apply the brake force. Unlike traditional hydraulic brake systems that use pressure to apply the brakes, EMB systems use electric signals sent from the brake pedal to the brake actuator to engage the brakes.In an EMB system, the electric motor acts directly on the brake discs or drums, using a transmission mechanism such as a screw or gear to generate the necessary force to apply the brakes.
global Electro-Mechanical Brake (EMB) System market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Electro-Mechanical Brake (EMB) System market research.
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Key manufacturers engaged in the Electro-Mechanical Brake (EMB) System industry include ZF Friedrichshafen AG, Bosch, Continental AG, WABCO Holdings Inc, Brembo S.p.A., Knorr-Bremse AG, Zhejiang VIE Science & Technology Co Ltd, KSR International Co. and Hitachi Automotive Systems, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Electro-Mechanical Brake (EMB) System production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Electro-Mechanical Brake (EMB) System were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Electro-Mechanical Brake (EMB) System market and estimated to attract more attentions from industry insiders and investors.
By Type
• Caliper-Based EMB System
• Drum Brake System
By Application
• Automotive
• Aerospace
• Rail
Key Players
ZF Friedrichshafen AG, Bosch, Continental AG, WABCO Holdings Inc, Brembo S.p.A., Knorr-Bremse AG, Zhejiang VIE Science & Technology Co Ltd, KSR International Co., Hitachi Automotive Systems, TWR Automotive Holdings Corp., Haldex AB, Meidensha Corporation, Akebono Brake Industry Co., Ltd., Hyundai Mobis Co., Ltd., KEB Hana Technology Corp.
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