Global Electric Brake Booster Market By Type (Single Diaphragm Booster, and Dual Diaphragm Booster), By Application (Automobiles, and Commercial Vehicles), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2029

The electric brake booster is used for providing additional pressure that is required for braking. It utilizes an electronic system to process the signal obtained from the brake pedal and operate the master cylinder through a brushless DC motor. These boosters are mainly used in electric and hybrid vehicles. Gradually, the electric brake booster is replacing the mechanical vacuum brake booster system. Increasing research and development activities by different automobile manufacturers for improving ride quality along with passenger safety has led to the growth of the electric brake booster market in the forecast period. Additionally, most of the companies have manufacture two levels of electric braking system to overcome the risks of primary electronic brake system failure.

The demand for electric and hybrid vehicles is increasing gradually, with a significant growth rate, which will boost the growth of the electric brake booster market in the estimated years. For instance, in 2017, the number of electric vehicles was about 3.1 million with an increment of 54% and is projected to touch the mark of 125 million by 2030. Some of the leading automobile manufacturers are also investing in vehicle manufacturing with better brake system technology. This will help the manufacturer to overcome issues and complications due to the vacuum brake. Bosch iBooster launched electromagnetic, vacuum-independent brake booster, which is suitable for electric and hybrid vehicles. This will contribute to fulfilling the demand for an advanced braking system in modern driver assistance automobiles. According to Bosch, iBooster’s second generation has lighter which accommodates the increasing demand for lightweight fuel-efficient vehicles. The manufacturer will integrate the program in the electronic brake booster at the end of the production line, which will further be installed according to the model and both left hand as well as a right-hand-drive car. Nowadays, the available brake system depends on the vacuum that produced by combustion engines using electric energy. However, it is not suitable for the latest driver-assist system. The next-generation drivetrain used in electric and hybrid vehicles requires a new braking assist system for highly efficient combustion engines. This factor may act as the restraining factor for the growth of the target market.

Based on type, the market is segmented into two-box and one –box.  Two box segment is expected to witness a significant market share in the electric brake booster market during the forecast period because of its application growth in large-size vehicles such as hybrid cars, electric and truck, and buses, or any other heavy vehicle.

Based on region, the electric brake booster market is segmented into North America, Europe, Asia Pacific, South America, and Middle East Africa. North America is expected to witness a considerable market share in the global electric brake booster market during the forecast period owing to the presence of research organizations as well as top-tier automotive part suppliers that have proposed various schemes. For instance, TRW Inc., an America based company, has manufactured a braking system that controls hydraulic booster by regulating the pressure in the front caliper. This braking system is projected to incorporate in an electric vehicle to generate regenerative braking on the front axle. The electric brake booster market in the European region is expected to show significant market share owing to the growth of the transportation sector. For instance, Continental AG, one of the leading manufacturers of automobile components, has manufactured around 10 million brake boosters in the Czech Republic, annually.

The Asia Pacific region is expected to witness a noteworthy market share in the global electric brake booster market during the forecast period owing to the presence of emerging economies such as India and China, which witnessed a significant growth due to the increasing adoption rate. Moreover, most of the leading vendors are entering the Chinese market due to the availability of raw material and labor at a relatively lesser cost. For instance, Bosch Group is planning to expand its business in the untapped region by establishing a manufacturing plant in China. Because the provider of technology and services associated with electric brake booster systems are investing approximately EUR 100 million in a newly constructed manufacturing plant in Nanjing, China. This plant will manufacturer iBooster and vacuum-independent electromechanical brake to cater to their customer base in the APAC region which will boost market growth.

Global Electric Brake Booster Market Segmentation:

Segmentation by Type

• Two-Box
• One-Box

Segmentation by Application

• EV
• HEV
• Others

Segmentation by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key players

• Continental AG
• Robert Bosch GmbH
• ZF Friedrichshafen AG
• Hitachi Ltd
• others