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Electric Vacuum Break Booster Market Size

Report ID: GMI11685
Published Date: Oct 2024
Report Format: PDF

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Electric Vacuum Break Booster Market Size

The global electric vacuum break booster market size was valued at USD 2 billion in 2023 and is projected to grow at a CAGR of 13.9% between 2024 and 2032. The rise in electric and hybrid vehicle adoption is driving demand for electric vacuum brake boosters. These advanced braking systems are essential for optimizing performance, safety, and efficiency in such vehicles. Electric and hybrid models often operate with lower or inconsistent engine vacuum levels compared to traditional internal combustion engine vehicles. This difference can impact the effectiveness of conventional vacuum brake boosters.

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Electric vacuum brake boosters address this issue by using electric motors to independently generate the required vacuum. This ensures consistent braking performance regardless of the vehicle's operational state, making them a crucial component in electric and hybrid vehicle design. For instance, in April 2023, ZF Aftermarket expanded its TRW braking program to include the Electronic Brake Booster (EBB) specifically designed for electric vehicles (EVs). This move enhances the availability of critical braking components for the growing EV market.

Electric Vacuum Break Booster Market Report Attributes
Report Attribute	Details
Base Year:	2023
Electric Vacuum Break Booster Market Size in 2023:	USD 2 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	13.9%
2032 Value Projection:	USD 6.2 Billion
Historical Data for:	2021 – 2023
No. of Pages:	170
Tables, Charts & Figures:	180
Segments covered:	Vehicle, Product, Component, Sales Channel
Growth Drivers:	Increasing adoption of electric and hybrid vehicles Growing shift towards vehicle automation Rising safety regulations Urbanization and rising vehicle ownership
Pitfalls & Challenges:	High initial costs Technological complexity in integration

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Additionally, the automotive industry's shift towards vehicle automation is significantly increasing demand for electric vacuum brake boosters. Automated vehicles require advanced braking systems to ensure safety and optimal performance. As manufacturers incorporate more sophisticated driver-assistance systems and autonomous driving technologies, braking systems must provide precise and reliable performance in various conditions.

Electric vacuum brake boosters are particularly suitable for these applications, offering improved responsiveness and consistency compared to traditional vacuum boosters. Unlike conventional systems that rely on engine vacuum, which can vary based on driving conditions, electric vacuum brake boosters provide more stable and predictable performance, making them ideal for automated vehicle applications.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of electric vacuum brake booster reached USD 2 billion in 2023 and is set to grow at a CAGR of 13.9% from 2024 to 2032, driven by the increasing adoption of electric and hybrid vehicles.

In 2023, the passenger cars segment accounted for over 60% of the market share and is expected to exceed USD 3.5 billion by 2032, due to the increasing need for advanced braking systems that improve safety and performance.

The OEM segment held around 74% of the market share in 2023, attributed to the well-established relationships and supply chains between automotive manufacturers and their component suppliers.

The U.S. market accounted for 74% revenue share in 2023 and is expected to exceed USD 4.5 billion by 2032, led by advanced technology and significant investment in research and development in the automotive industry.

Leading companies in the market include Aisin Corp, Cardone SA, Cohline GmbH, Continental AG, Delphi Technologies, Hyundai Mobis, Infineon Technologies AG, Knorr-Bremse AG, Magneti Marelli, and Mando Corporation.