Market Overview:
The global brake booster market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The brake booster market is segmented on the basis of type, application and region. On the basis of type, the brake booster market is segmented into vacuum boosters, hydraulic boosters and air pressure boosters. Vacuum boosters are further sub-segmented into single diaphragm and dual diaphragm vacuum boosters. Hydraulic boosters are further sub-segmented into single chamber and dual chamber hydraulic boosters. Air pressure boosters are further sub-segmented into positive displacement pumps and centrifugal pumps air pressure booster systems. On the basis of application, the brake booster market is segmented into electric vehicles (EVs), hybrid electric vehicles/plug in hybrid electric vehicles (HEVs/PHEVs) and others which include commercial vehicles such as trucks & buses, construction equipment etc., passenger cars etc.
Product Definition:
Brake booster is a device that amplifies the braking power of a vehicle. It does this by using engine vacuum to create a pressure difference between the brake pedal and the master cylinder. This increased pressure helps to push the brake fluid harder against the brake pads, which results in greater stopping power. Brake boosters are important because they help drivers stop their vehicles quickly and safely.
Vacuum Booster:
Vacuum booster is a device used to increase the vacuum level in automotive engines. It does this by drawing air into the engine, which increases its performance and efficiency. The vacuum booster market has been witnessing significant growth over the past few years owing to increasing demand for fuel-efficient vehicles with improved performance and reduced emissions.
Hydraulic Booster:
A hydraulic booster is a device that increases the force of a vehicle's braking system. It does this by transferring the pressure generated from the brake caliper to the wheel, which then generates enough force to slow down or stop the vehicle. The majority of boosters are mounted on each side of a car's rear axle and function in two ways: they can be used as an independent unit (known as single-side) or attached to both front tires (known as double-side).
Application Insights:
The other application segment includes diesel engine vehicles and hybrid electric vehicles/plug-in hybrid vehicles. In 2017, the others segment accounted for a major share in the global brake booster market as various manufacturers introduced these devices in their passenger cars to improve fuel efficiency. For instance, Toyota Motor Corporation introduced a device called Hybrid Assist System (HAS) that uses regenerative braking to increase fuel efficiency by around 15%. The company also announced plans to deploy over-the-air updates for this system. Such initiatives by major players are expected to boost demand for advanced brake boosters across various vehicle types over the forecast period.
EVs accounted for a significant share of 11% in 2017 owing to increasing government incentives and tax credits offered on installing energy management systems that help reduce carbon emissions from automobiles.
Regional Analysis:
North America dominated the global market in 2017 owing to stringent government regulations and norms for fuel economy. The U.S., in particular, has been a major market for these vehicles with high technological adoption rates coupled with an increasing number of electric vehicle charging stations across the country.
Asia Pacific is anticipated to witness significant growth over the forecast period due to increasing sales of EVs across key countries such as China, Japan, South Korea, India among others will drive regional growth further. In addition, supportive government policies aimed at promoting alternative fuel vehicles are also likely boost regional product demand over next eight years (2030).
Growth Factors:
- Increasing demand for automobiles: The global automobile production is expected to grow at a CAGR of 3.5% during the forecast period, owing to the increasing disposable income and changing lifestyle of consumers. This is expected to result in an increase in the demand for brake boosters, which will subsequently drive the growth of this market.
- Technological advancements: The brake booster market is witnessing various technological advancements that are helping manufacturers offer better products with enhanced features and performance. These advancements are resulting in an increase in adoption rates among consumers, thereby propelling the growth of this market.
- Stringent government regulations: Governments across different countries are implementing stringent regulations related to safety and emissions norms for automobiles, which is driving OEMs to adopt advanced technologies such as brake boosters into their vehicles. This is aiding the growth of this market significantly worldwide..
Scope Of The Report
Report Attributes
Report Details
Report Title
Brake Booster Market Research Report
By Type
Vacuum Booster, Hydraulic Booster, Air Pressure Booster
By Application
EV, HEV/PHEV, Others
By Companies
Robert Bosch, Continental, Hitachi, BMW, Delphi, Eaton, Robert Bosch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Brake Booster Market Report Segments:
The global Brake Booster market is segmented on the basis of:
Types
Vacuum Booster, Hydraulic Booster, Air Pressure Booster
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
EV, HEV/PHEV, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Robert Bosch
- Continental
- Hitachi
- BMW
- Delphi
- Eaton
- Robert Bosch
Highlights of The Brake Booster Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vacuum Booster
- Hydraulic Booster
- Air Pressure Booster
- By Application:
- EV
- HEV/PHEV
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Brake Booster Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A brake booster is a device that helps to increase the braking power of a vehicle. It does this by increasing the air pressure in the brake system. This increased air pressure causes the brakes to work harder, which can help to stop a car more quickly.
Some of the major players in the brake booster market are Robert Bosch, Continental, Hitachi, BMW, Delphi, Eaton, Robert Bosch.
The brake booster market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brake Booster Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Brake Booster Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brake Booster Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Brake Booster Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Brake Booster Market Size & Forecast, 2020-2028
4.5.1 Brake Booster Market Size and Y-o-Y Growth
4.5.2 Brake Booster Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Vacuum Booster
5.2.2 Hydraulic Booster
5.2.3 Air Pressure Booster
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 EV
6.2.2 HEV/PHEV
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brake Booster Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Brake Booster Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Vacuum Booster
9.6.2 Hydraulic Booster
9.6.3 Air Pressure Booster
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 EV
9.10.2 HEV/PHEV
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Vacuum Booster
10.6.2 Hydraulic Booster
10.6.3 Air Pressure Booster
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 EV
10.10.2 HEV/PHEV
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Vacuum Booster
11.6.2 Hydraulic Booster
11.6.3 Air Pressure Booster
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 EV
11.10.2 HEV/PHEV
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Vacuum Booster
12.6.2 Hydraulic Booster
12.6.3 Air Pressure Booster
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 EV
12.10.2 HEV/PHEV
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Vacuum Booster
13.6.2 Hydraulic Booster
13.6.3 Air Pressure Booster
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 EV
13.10.2 HEV/PHEV
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Brake Booster Market: Competitive Dashboard
14.2 Global Brake Booster Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch
14.3.2 Continental
14.3.3 Hitachi
14.3.4 BMW
14.3.5 Delphi
14.3.6 Eaton
14.3.7 Robert Bosch
