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Electro-Mechanical Brake (EMB) System Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
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.
The Global Market for Electro-Mechanical Brake (EMB) System is projected to reach a revised size of USD 549.60 Million by 2029, growing at a CAGR of 255.12% during the forecast period 2024-2029.
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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.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Electro-Mechanical Brake (EMB) System market with multiple angles, which provides sufficient supports to readers' strategy and decision making.
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Segment by Type
• Caliper-Based EMB System
• Drum Brake System
Segment by Application
• Automotive
• Aerospace
• Rail
• Others
By Company
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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