Market Overview:
The global electric brake controllers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric brake controllers in cars, trucks, and SUVs across the globe. Additionally, factors such as rising awareness about safety features in vehicles and technological advancements are also contributing to the growth of this market. Based on type, the global electric brake controllers market is segmented into proportional brake controllers and time-delayed brake controllers. Proportional brake controllers are more popular than time-delayed brake controllers owing to their ability to provide better braking performance. Based on application, the global electric brake controller market is segmented into cars, trucks, SUVs, and other applications such as buses and trailers. The cars segment accounts for a major share of this market owing to increasing demand for passenger cars across the globe.
Product Definition:
Electric brake controllers are devices that allow drivers to activate the brakes on their trailers with the touch of a button. They come in many different shapes and sizes, but all do essentially the same thing: they use electricity to apply pressure to the trailer's brakes, slowing it down. This is an important safety feature, as it allows drivers to avoid accidentally slamming on their trailer's brakes while driving.
Proportional Brake Controllers:
Proportional brake controllers are used to reduce the speed of a vehicle by controlling the rate of deceleration. The device works on an electric principle and uses a potentiometer or variable capacitor as an input device to control the speed of braking. It is widely used in automobiles, bicycles, motorcycles and other vehicles for reducing its speed without skidding or sliding from control.
Time-Delayed Brake Controllers:
Time-Delayed brake controllers are electronic devices that manage the speed of a vehicle by controlling the rate of application of brakes. They are used in electric brake controllers to reduce braking distances and increase safety.
The working principle behind time-delayed brake controller is based on a simple concept, it delays the actuation signal from the sensor to apply brakes after some period has elapsed since the last pressurized release ofbraking pressure bythe driver.
Application Insights:
The cars segment dominated the global electric brake controllers market in 2017 and is expected to continue its dominance over the forecast period. The increasing sales of passenger vehicles in developed economies such as U.K., Germany, and France is anticipated to drive the demand for EBCs over the forecast period. In addition, growing sales of light commercial vehicles (LCVs) are projected to fuel product demand from 2018 to 2030.
Trucks segment is expected register a significant CAGR of XX% from 2018 to 2030 owing to an increase in production volume for medium-duty trucks (MDTs). Growing investments by OEMs for developing low-cost manufacturing facilities will further boost product penetration across various applications including cars, LCVs, and MDTs among others globally.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand from electric vehicles and stringent regulations regarding greenhouse gas emissions. Europe is also estimated to witness significant growth over the coming years due to rising environmental concerns and government regulations about reducing carbon footprint, which will drive demand for EVs, thus positively influencing regional market growth. Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid industrialization and growing population in countries such as China, India, Japan etc., which will boost automotive production across these economies eventually driving product demand.
Growth Factors:
- Increasing demand for electric vehicles: The global electric vehicle market is expected to grow at a CAGR of more than 20% during the forecast period. This would lead to an increase in the demand for electric brake controllers.
- Stringent emission norms: Stringent emission norms are being implemented by various governments across the world in a bid to reduce environmental pollution levels. This is expected to drive the demand for electric brake controllers as they help in reducing emissions from vehicles.
- Technological advancements: The development of new and innovative technologies has led to the introduction of advanced and efficient electric brake controllers in the market, which is further propelling its growth.
- Rising awareness about safety features: There is a growing awareness among consumers about safety features offered by different products, which is resulting in an increased adoption of Electric Brake Controllers worldwide .This is aiding the growth of this market significantly . 5) Growing number of online retail platforms: Availability of Electric Brake Controllers through online retail platforms has made them easily accessible to consumers, thereby boosting their sales globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Brake Controllers Market Research Report
By Type
Proportional Brake Controllers, Time-Delayed Brake Controllers
By Application
Cars, Trucks, SUVs
By Companies
Bosch, Tekonsha, Continnetal, HITACHI, TRW, ACDelco, FTE, Aisin, Bendix, Cardone, 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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Electric Brake Controllers Market Report Segments:
The global Electric Brake Controllers market is segmented on the basis of:
Types
Proportional Brake Controllers, Time-Delayed Brake Controllers
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
Cars, Trucks, SUVs
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:
- Bosch
- Tekonsha
- Continnetal
- HITACHI
- TRW
- ACDelco
- FTE
- Aisin
- Bendix
- Cardone
- Bosch
Highlights of The Electric Brake Controllers 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:
- Proportional Brake Controllers
- Time-Delayed Brake Controllers
- By Application:
- Cars
- Trucks
- SUVs
- 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 Electric Brake Controllers 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
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- 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?
Electric brake controllers are devices that help drivers maintain control of their vehicles by applying the brakes automatically when necessary.
Some of the key players operating in the electric brake controllers market are Bosch, Tekonsha, Continnetal, HITACHI, TRW, ACDelco, FTE, Aisin, Bendix, Cardone, Bosch.
The electric brake controllers 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 Electric Brake Controllers 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 Electric Brake Controllers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Brake Controllers 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 Electric Brake Controllers 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 Electric Brake Controllers Market Size & Forecast, 2018-2028
4.5.1 Electric Brake Controllers Market Size and Y-o-Y Growth
4.5.2 Electric Brake Controllers Market Absolute $ Opportunity
Chapter 5 Global Electric Brake Controllers 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 Electric Brake Controllers Market Size Forecast by Type
5.2.1 Proportional Brake Controllers
5.2.2 Time-Delayed Brake Controllers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Brake Controllers 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 Electric Brake Controllers Market Size Forecast by Applications
6.2.1 Cars
6.2.2 Trucks
6.2.3 SUVs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Brake Controllers 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 Electric Brake Controllers 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 Electric Brake Controllers Analysis and Forecast
9.1 Introduction
9.2 North America Electric Brake Controllers 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 Electric Brake Controllers Market Size Forecast by Type
9.6.1 Proportional Brake Controllers
9.6.2 Time-Delayed Brake Controllers
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 Electric Brake Controllers Market Size Forecast by Applications
9.10.1 Cars
9.10.2 Trucks
9.10.3 SUVs
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 Electric Brake Controllers Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Brake Controllers 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 Electric Brake Controllers Market Size Forecast by Type
10.6.1 Proportional Brake Controllers
10.6.2 Time-Delayed Brake Controllers
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 Electric Brake Controllers Market Size Forecast by Applications
10.10.1 Cars
10.10.2 Trucks
10.10.3 SUVs
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 Electric Brake Controllers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Brake Controllers 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 Electric Brake Controllers Market Size Forecast by Type
11.6.1 Proportional Brake Controllers
11.6.2 Time-Delayed Brake Controllers
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 Electric Brake Controllers Market Size Forecast by Applications
11.10.1 Cars
11.10.2 Trucks
11.10.3 SUVs
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 Electric Brake Controllers Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Brake Controllers 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 Electric Brake Controllers Market Size Forecast by Type
12.6.1 Proportional Brake Controllers
12.6.2 Time-Delayed Brake Controllers
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 Electric Brake Controllers Market Size Forecast by Applications
12.10.1 Cars
12.10.2 Trucks
12.10.3 SUVs
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) Electric Brake Controllers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Brake Controllers 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) Electric Brake Controllers Market Size Forecast by Type
13.6.1 Proportional Brake Controllers
13.6.2 Time-Delayed Brake Controllers
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) Electric Brake Controllers Market Size Forecast by Applications
13.10.1 Cars
13.10.2 Trucks
13.10.3 SUVs
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 Electric Brake Controllers Market: Competitive Dashboard
14.2 Global Electric Brake Controllers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Tekonsha
14.3.3 Continnetal
14.3.4 HITACHI
14.3.5 TRW
14.3.6 ACDelco
14.3.7 FTE
14.3.8 Aisin
14.3.9 Bendix
14.3.10 Cardone
14.3.11 Bosch
