Press release
Electro Mechanical Brake (EMB) System Market Surging with 255.1% CAGR to 2030 | A Breakthrough in Braking Technology
Electro Mechanical Brake (EMB) System Market Overview -According to QYResearch New Study Report 'The global Electro-Mechanical Brake (EMB) System market was valued at US$ 0.1 million in 2023 and is anticipated to reach US$ 1945 million by 2030, witnessing a CAGR of 255.1% during the forecast period 2024-2030.' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. also qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Electro Mechanical Brake (EMB) System market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Electro Mechanical Brake (EMB) System market.
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An electromechanical brake operates without brake fluid, replacing the conventional hydraulic (brake fluid) mechanism that presses the brake pads against the rotor with an electric (motor and ball screw) mechanism. When all wheels use electromechanical brakes, master cylinders, boosters, ABS (anti-lock brake systems) or ESC (electronic stability control), brake fluid piping, fluid, etc. are no longer needed, resulting in efficient use of vehicle space, reduced vehicle maintenance load, and lower costs. On the other hand, to accommodate panic braking, a powerful inverter is required, which is a factor in increasing costs.
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.
Core manufacturers of electromechanical braking (EMB) systems include Brembo, Haldex VIE and Exquisite Automotive Systems. The sales of the top three manufacturers account for approximately 89% of the global revenue market share. Asia Pacific is the largest market, accounting for 37% of the global market share.
In terms of product type, EMB for passenger cars is the largest segment, accounting for about 85% of the market share. At the same time, in terms of application, new energy vehicles are the largest application scope, accounting for about 72% of the market share.
Market The Driving Factors:-
Growing customer demand for the product, effective marketing strategies in new states, and significant investments in product development are some of the major reasons that are driving the Electro Mechanical Brake (EMB) System industry. One of the biggest problems the Electro Mechanical Brake (EMB) System industry is facing is easy access to rivals. The inexpensive cost of alternatives is another barrier to the Electro Mechanical Brake (EMB) System market. Companies believe they can overcome this obstacle, though, by keeping pricing in check and expanding the market for their goods through the introduction of chemicals, specialized chemicals, polymers, metals, ceramics, composites, and new materials. Furthermore, market participants need to overcome significant obstacles in order to reduce risks, adjust their plans, and carry on with business as usual. As a result, businesses will have the ability to deploy their resources efficiently without sacrificing timely market supply or product quality.
Global Electro Mechanical Brake (EMB) System Market Trends:-
Electro Mechanical Brake (EMB) System The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Electro Mechanical Brake (EMB) System products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Electro Mechanical Brake (EMB) System chemical and material products and the establishment Electro Mechanical Brake (EMB) System of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.
Detailed of Electro Mechanical Brake (EMB) System Market Segmentation: -
Segmentation By Type :-
Passenger Car EMB
Commercial Vehicle EMB
Segmentation By Application : -
Conventional Fuel Vehicles
New Energy Vehicles
Who are the World's Largest Manufacturers of Electro Mechanical Brake (EMB) System?
Brembo
Haldex VIE
Exquisite Automotive Systems
HL Mando
Jiongyi Electronic
Global Technology
LeeKr Technology
Request for Pre-Order Enquiry On This Report @ https://www.qyresearch.in/pre-order-inquiry/automobile-transportation-global-electro-mechanical-brake-emb-system-market-insights-industry-share-sales-projections-and-demand-outlook-2024-2030
Regional Insights and Growth Opportunities :-
The Electro Mechanical Brake (EMB) System Market is witnessing dynamic growth globally, but the market expansion is not uniform across regions. Our comprehensive report breaks down the Electro-Mechanical Brake (EMB) System market performance into key regions, providing detailed insights and growth forecasts for each area.
Key Regions Covered in the Report:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Highlights the following key factors:
Business description - An in-depth description of the businesses and the divisions of the company.
Corporate strategy - Business strategy of the company as summarized by analysts.
SWOT Analysis - An in-depth analysis of the company's advantages, disadvantages, strengths, and threats.
Company history - progression of significant company-related events.
Major products and services - A list of the company's major products, services, and brands.
Key competitors - A list of the primary competitors of the company.
Important locations and subsidiaries - A list of the company's key locations and subsidiaries, along with contact details.
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Electro Mechanical Brake (EMB) System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Electro Mechanical Brake (EMB) System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electro Mechanical Brake (EMB) System in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Contact Us:
QY Research, INC.
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Los Angeles, CA - 91748
USA: +1 626 539 9760
India: +91 8669986909
Emails - arshad@qyresearch.com/arshad@qyrinc.com
About Us:
QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.
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