Automotive Brake Booster Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global automotive brake booster market size reached 123.4 Million Units in 2022. Looking forward, IMARC Group expects the market to reach 191.6 Million Units by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.
An automotive brake booster is a safety component which assists in smooth actuation of the brake and minimizes the amount of pedal pressure required for braking. It is placed on the firewall of an engine’s compartment, under the hood of a car or in front of the driver’s legs. It is a preventive braking measure employed to avert the chances of brake failure, create an effective braking mechanism and help in case of panic braking. Besides this, it also ensures that the vehicle comfortably comes to a halt and is deaccelerated safely.
Automobile manufacturers are rapidly replacing mechanical and hydraulic braking systems with brake boosters as they aid in reducing the overall weight of the car and incorporating additional safety and comfort. Moreover, the rising demand for active vehicle safety technologies including regenerative braking, traction control system (TCS), anti-lock braking system (ABS) and electronic stability program (ESP) is compelling manufacturers to integrate these technologies along with high-end brake booster systems in upgraded automobile models. They are also funding research and development activities to introduce technologically advanced products that are compatible with electric and hybrid vehicles. Apart from this, factors including stringent safety norms and a greater emphasis on performance as well as the efficiency of vehicles have encouraged manufacturers to focus on the brake booster and brake distribution technologies in the passenger car segment. Further, the demand for automotive brake booster is being propelled by the burgeoning automotive industry, emerging auto parts manufacturers and increasing vehicle ownership around the world.
IMARC Group’s latest report provides a deep insight into the global automotive brake booster market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global automotive brake booster market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive brake booster market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, vehicle type and end-user.
Breakup by Product Type:
Single Diaphragm Booster
Dual Diaphragm Booster
Others
Breakup by Vehicle Type:
Passenger Cars
Commercial Vehicles
Breakup by End-User:
OEMs
Replacement
Breakup by Region:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Aisin Seiki Co., Ltd., Hyundai Mobis, Continnetal, TRW Automotive, Mando Corporation, Robert Bosch GmbH, Nissin Kogyo, Hitachi, Jilin Dongguang Aowei Brake System Co., Ltd., Wanxiang Group Corporation, Zhejiang VIE Science & Technology Co., FTE automotive Group, APG, BWI Group, Wuhu Bethel, CARDONE, Liuzhou Wuling Automobile Industry Co., Ltd., etc.
Key Questions Answered in This Report
1. What was the size of the global automotive brake booster market in 2022?
2. What is the expected growth rate of the global automotive brake booster market during 2023-2028?
3. What are the key factors driving the global automotive brake booster market?
4. What has been the impact of COVID-19 on the global automotive brake booster market?
5. What is the breakup of the global automotive brake booster market based on the product type?
6. What is the breakup of the global automotive brake booster market based on the vehicle type?
7. What is the breakup of the global automotive brake booster market based on the end-user?
8. What are the key regions in the global automotive brake booster market?
9. Who are the key players/companies in the global automotive brake booster market?
An automotive brake booster is a safety component which assists in smooth actuation of the brake and minimizes the amount of pedal pressure required for braking. It is placed on the firewall of an engine’s compartment, under the hood of a car or in front of the driver’s legs. It is a preventive braking measure employed to avert the chances of brake failure, create an effective braking mechanism and help in case of panic braking. Besides this, it also ensures that the vehicle comfortably comes to a halt and is deaccelerated safely.
Automobile manufacturers are rapidly replacing mechanical and hydraulic braking systems with brake boosters as they aid in reducing the overall weight of the car and incorporating additional safety and comfort. Moreover, the rising demand for active vehicle safety technologies including regenerative braking, traction control system (TCS), anti-lock braking system (ABS) and electronic stability program (ESP) is compelling manufacturers to integrate these technologies along with high-end brake booster systems in upgraded automobile models. They are also funding research and development activities to introduce technologically advanced products that are compatible with electric and hybrid vehicles. Apart from this, factors including stringent safety norms and a greater emphasis on performance as well as the efficiency of vehicles have encouraged manufacturers to focus on the brake booster and brake distribution technologies in the passenger car segment. Further, the demand for automotive brake booster is being propelled by the burgeoning automotive industry, emerging auto parts manufacturers and increasing vehicle ownership around the world.
IMARC Group’s latest report provides a deep insight into the global automotive brake booster market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global automotive brake booster market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive brake booster market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, vehicle type and end-user.
Breakup by Product Type:
Single Diaphragm Booster
Dual Diaphragm Booster
Others
Breakup by Vehicle Type:
Passenger Cars
Commercial Vehicles
Breakup by End-User:
OEMs
Replacement
Breakup by Region:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Aisin Seiki Co., Ltd., Hyundai Mobis, Continnetal, TRW Automotive, Mando Corporation, Robert Bosch GmbH, Nissin Kogyo, Hitachi, Jilin Dongguang Aowei Brake System Co., Ltd., Wanxiang Group Corporation, Zhejiang VIE Science & Technology Co., FTE automotive Group, APG, BWI Group, Wuhu Bethel, CARDONE, Liuzhou Wuling Automobile Industry Co., Ltd., etc.
Key Questions Answered in This Report
1. What was the size of the global automotive brake booster market in 2022?
2. What is the expected growth rate of the global automotive brake booster market during 2023-2028?
3. What are the key factors driving the global automotive brake booster market?
4. What has been the impact of COVID-19 on the global automotive brake booster market?
5. What is the breakup of the global automotive brake booster market based on the product type?
6. What is the breakup of the global automotive brake booster market based on the vehicle type?
7. What is the breakup of the global automotive brake booster market based on the end-user?
8. What are the key regions in the global automotive brake booster market?
9. Who are the key players/companies in the global automotive brake booster market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL AUTOMOTIVE BRAKE BOOSTER MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Vehicle Type
5.6 Market Breakup by End-User
5.7 Market Breakup by Region
5.8 Market Forecast
6 MARKET BREAKUP BY PRODUCT TYPE
6.1 Single Diaphragm Booster
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Dual Diaphragm Booster
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 MARKET BREAKUP BY VEHICLE TYPE
7.1 Passenger Cars
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Commercial Vehicles
7.2.1 Market Trends
7.2.2 Market Forecast
8 MARKET BREAKUP BY END-USER
8.1 OEMs
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Replacement
8.2.1 Market Trends
8.2.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 Asia Pacific
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North America
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Europe
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
13.1 Price Indicators
13.2 Price Structure
13.3 Margin Analysis
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aisin Seiki Co., Ltd.
14.3.2 Hyundai Mobis
14.3.3 Continnetal
14.3.4 TRW Automotive
14.3.5 Mando Corporation
14.3.6 Robert Bosch GmbH
14.3.7 Nissin Kogyo
14.3.8 Hitachi
14.3.9 Jilin Dongguang Aowei Brake System Co., Ltd.
14.3.10 Wanxiang Group Corporation
14.3.11 Zhejiang VIE Science & Technology Co.
14.3.12 FTE automotive Group
14.3.13 APG
14.3.14 BWI Group
14.3.15 Wuhu Bethel
14.3.16 CARDONE
14.3.17 Liuzhou Wuling Automobile Industry Co., Ltd.
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL AUTOMOTIVE BRAKE BOOSTER MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Vehicle Type
5.6 Market Breakup by End-User
5.7 Market Breakup by Region
5.8 Market Forecast
6 MARKET BREAKUP BY PRODUCT TYPE
6.1 Single Diaphragm Booster
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Dual Diaphragm Booster
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 MARKET BREAKUP BY VEHICLE TYPE
7.1 Passenger Cars
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Commercial Vehicles
7.2.1 Market Trends
7.2.2 Market Forecast
8 MARKET BREAKUP BY END-USER
8.1 OEMs
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Replacement
8.2.1 Market Trends
8.2.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 Asia Pacific
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North America
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Europe
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
13.1 Price Indicators
13.2 Price Structure
13.3 Margin Analysis
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aisin Seiki Co., Ltd.
14.3.2 Hyundai Mobis
14.3.3 Continnetal
14.3.4 TRW Automotive
14.3.5 Mando Corporation
14.3.6 Robert Bosch GmbH
14.3.7 Nissin Kogyo
14.3.8 Hitachi
14.3.9 Jilin Dongguang Aowei Brake System Co., Ltd.
14.3.10 Wanxiang Group Corporation
14.3.11 Zhejiang VIE Science & Technology Co.
14.3.12 FTE automotive Group
14.3.13 APG
14.3.14 BWI Group
14.3.15 Wuhu Bethel
14.3.16 CARDONE
14.3.17 Liuzhou Wuling Automobile Industry Co., Ltd.
LIST OF TABLES
Table 1: Global: Automotive Brake Booster Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Automotive Brake Booster Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Automotive Brake Booster Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 4: Global: Automotive Brake Booster Market Forecast: Breakup by End-User (in Million US$), 2023-2028
Table 5: Global: Automotive Brake Booster Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Automotive Brake Booster Market Structure
Table 7: Global: Automotive Brake Booster Market: Key Players
Table 1: Global: Automotive Brake Booster Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Automotive Brake Booster Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Automotive Brake Booster Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 4: Global: Automotive Brake Booster Market Forecast: Breakup by End-User (in Million US$), 2023-2028
Table 5: Global: Automotive Brake Booster Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Automotive Brake Booster Market Structure
Table 7: Global: Automotive Brake Booster Market: Key Players
LIST OF FIGURES
Figure 1: Global: Automotive Brake Booster Market: Major Drivers and Challenges
Figure 2: Global: Automotive Brake Booster Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Automotive Brake Booster Market: Sales Volume (in Million Units), 2017-2022
Figure 4: Global: Automotive Brake Booster Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Automotive Brake Booster Market: Breakup by Vehicle Type (in %), 2022
Figure 6: Global: Automotive Brake Booster Market: Breakup by End-User (in %), 2022
Figure 7: Global: Automotive Brake Booster Market: Breakup by Region (in %), 2022
Figure 8: Global: Automotive Brake Booster Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Automotive Brake Booster Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 10: Global: Automotive Brake Booster Industry: SWOT Analysis
Figure 11: Global: Automotive Brake Booster Industry: Value Chain Analysis
Figure 12: Global: Automotive Brake Booster Industry: Porter’s Five Forces Analysis
Figure 13: Global: Automotive Brake Booster (Single Diaphragm Booster) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Automotive Brake Booster (Single Diaphragm Booster) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Automotive Brake Booster (Dual Diaphragm Booster) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Automotive Brake Booster (Dual Diaphragm Booster) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Automotive Brake Booster (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Automotive Brake Booster (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Automotive Brake Booster (Passenger Cars) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Automotive Brake Booster (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Automotive Brake Booster (Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Automotive Brake Booster (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Automotive Brake Booster (OEMs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Automotive Brake Booster (OEMs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Automotive Brake Booster (Replacement) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Automotive Brake Booster (Replacement) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Asia Pacific: Automotive Brake Booster Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Asia Pacific: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Automotive Brake Booster Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Europe: Automotive Brake Booster Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Europe: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Middle East and Africa: Automotive Brake Booster Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Middle East and Africa: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Latin America: Automotive Brake Booster Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Latin America: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 1: Global: Automotive Brake Booster Market: Major Drivers and Challenges
Figure 2: Global: Automotive Brake Booster Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Automotive Brake Booster Market: Sales Volume (in Million Units), 2017-2022
Figure 4: Global: Automotive Brake Booster Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Automotive Brake Booster Market: Breakup by Vehicle Type (in %), 2022
Figure 6: Global: Automotive Brake Booster Market: Breakup by End-User (in %), 2022
Figure 7: Global: Automotive Brake Booster Market: Breakup by Region (in %), 2022
Figure 8: Global: Automotive Brake Booster Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Automotive Brake Booster Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 10: Global: Automotive Brake Booster Industry: SWOT Analysis
Figure 11: Global: Automotive Brake Booster Industry: Value Chain Analysis
Figure 12: Global: Automotive Brake Booster Industry: Porter’s Five Forces Analysis
Figure 13: Global: Automotive Brake Booster (Single Diaphragm Booster) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Automotive Brake Booster (Single Diaphragm Booster) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Automotive Brake Booster (Dual Diaphragm Booster) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Automotive Brake Booster (Dual Diaphragm Booster) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Automotive Brake Booster (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Automotive Brake Booster (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Automotive Brake Booster (Passenger Cars) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Automotive Brake Booster (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Automotive Brake Booster (Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Automotive Brake Booster (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Automotive Brake Booster (OEMs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Automotive Brake Booster (OEMs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Automotive Brake Booster (Replacement) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Automotive Brake Booster (Replacement) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Asia Pacific: Automotive Brake Booster Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Asia Pacific: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Automotive Brake Booster Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Europe: Automotive Brake Booster Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Europe: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Middle East and Africa: Automotive Brake Booster Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Middle East and Africa: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Latin America: Automotive Brake Booster Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Latin America: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2023-2028
