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Electric Vacuum Break Booster Market Size

Report ID: GMI11685 Published Date: October 2024Report 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.

 

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.

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.

Author: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :

What is the market share of the passenger cars segment in the electric vacuum brake booster industry?+

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.

How big is the electric vacuum brake booster market?+

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.

How significant is the OEM segment in the electric vacuum brake booster market?+

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.

What is the projected value of the U.S. electric vacuum brake booster industry?+

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.

Who are the leading companies in the electric vacuum brake booster market?+

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.

Electric Vacuum Break Booster Market Scope

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