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Electro-Mechanical Brake (EMB) System Market Research Report, Size, Industry Forecast Analysis | Valuates Reports
Electro-Mechanical Brake (EMB) System Market SizeThe global Electro-Mechanical Brake (EMB) System market is projected to grow from US$ 1 million in 2024 to US$ 1951.5 million by 2030, at a Compound Annual Growth Rate (CAGR) of 255.1% during the forecast period.
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Currently, Brake-by-Wire is mainly divided into Electro-Hydraulic Brake (EHB) and Electro-Mechanical Brake (EMB). EHB evolves from the traditional hydraulic brake system. Compared with the traditional hydraulic brake system, EHB boasts a more compact structure and better braking efficiency. It is currently the main mass production solution of the Brake-by-Wire system. Bosch IPB/iBooster, Continental MK C1/MK C2, ZF TRW IBC, Bethel Automotive Safety Systems WCBS, etc. are all EHB solutions. EMB completely abandons brake fluid and hydraulic pipelines that are seen in the traditional brake system, but uses the motor to drive the brake to generate the braking force. It is a true Brake-byWire system and is expected to become the development trend. At present, there are no mature EMB products on the market. Major foreign companies such as Brembo, Mando, and Haldex have displayed or released related products, and they may get a head start in future marketization.
The key players of Electro-Mechanical Brake (EMB) include Brembo, Haldex VIE and Exquisite Automotive Systems, etc. The top three players hold a share over 83%. Asia-Pacific is the largest market, has a share about 37%. In terms of product type, Passenger Car EMB is the largest segment, occupied for a share of about 85%, and for application ,and in terms of application, New Energy Vehicles has a share about 72%.
By Type
• Passenger Car EMB
• Commercial Vehicle EMB
By Application
• Conventional Fuel Vehicles
• New Energy Vehicles
Key Companies
Brembo, Haldex VIE, Exquisite Automotive Systems, HL Mando, Jiongyi Electronic
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