Press release
Electric Brake Booster Market Size Worth USD 19.2 Billion by 2030, Growing at 29% CAGR
Global Electric Brake Booster Market Size
Electric Brake Booster Market: Overview
An electric brake booster is a crucial component in modern vehicle safety systems, helping convert driver force into effective braking action. While conventional cars use vacuum-assisted boosters, newer vehicles-especially hybrids and EVs-require advanced hydraulic or electro-mechanical boosters for improved safety and braking efficiency.
Hydraulic boosters use pressure from the steering pump, whereas vacuum boosters rely on engine vacuum. With rising safety requirements and the shift toward electrification, demand for electric brake boosters is expected to surge in the coming years.
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Key Insights
Market expected to grow at a CAGR of 29% (2023-2030)
Valuation to increase from USD 2.5 billion (2022) to USD 19.2 billion (2030)
Hydraulic pump segment to hold significant share
Passenger vehicles dominate vehicle type segment
Aftermarket sales expected to grow strongly
North America to lead global market share
Growth Drivers
Rising Road Accidents: The growing number of road fatalities is fueling demand for enhanced braking systems. For example, the European Commission reported over 20,600 road accident deaths in 2022, up 3% from 2021. This trend directly drives the adoption of advanced brake boosters.
Growing EV Adoption: With electric vehicles gaining popularity worldwide, the need for vacuum-independent brake boosters is rising significantly.
Restraints
High Replacement Costs: Replacing brake boosters can cost between USD 325 and USD 1250, depending on vehicle type and labor rates. This cost barrier limits adoption in some markets.
Opportunities
Strategic Investments by Key Players: Companies like Bosch are expanding production of advanced electro-mechanical boosters (iBooster series). Bosch alone plans to increase annual output from 8 million to 11 million units by 2026, highlighting strong growth potential.
Challenges
Complex Integration: Ensuring smooth compatibility of electric brake boosters with ECUs and ADAS systems poses a technical challenge, requiring advanced engineering solutions.
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Segmentation Analysis
By Components: Hydraulic pump, accumulator, master cylinder
By Type: Vacuum booster, hydraulic booster
By Vehicle Type: Passenger vehicles, two-wheelers, commercial vehicles (passenger vehicles dominate)
By Propulsion: Battery EV, plug-in hybrid EV, hybrid EV
By Sales Channel: OEM and Aftermarket (aftermarket growing significantly)
Regional Insights
North America is expected to dominate due to surging EV adoption and strong government support through tax credits and incentives.
The U.S. EV market is expanding rapidly under President Biden's EV Acceleration Challenge, aiming for 50% of new vehicle sales to be EVs by 2030. With over 135,000 public chargers and 3 million EVs already on roads, the region is set to remain a global leader.
Competitive Landscape
Key players operating in the global electric brake booster market include:
Continental AG
Robert Bosch GmbH
ZF Friedrichshafen AG
Aisin
Infineon Technologies AG
Ford Motor Company
Hitachi
STMicroelectronics
Vitesco Technologies
Bendix and others
These players are investing in R&D, partnerships, and aftermarket expansion to strengthen their global presence.
Conclusion
The global electric brake booster market is poised for exponential growth, driven by rising EV adoption, increasing focus on vehicle safety, and technological innovations. With major automotive players expanding production capacity, the market is expected to play a critical role in the next decade of automotive transformation.
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