Product Code: SR0122A168_Report
The global automotive brake booster market reached a volume of 114.5 Million Units in 2021. Looking forward, IMARC Group expects the market to reach 182.6 Million Units by 2027, exhibiting a CAGR of 7.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
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, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product, vehicle type and end-user.
Breakup by Product:
- Single Diaphragm Booster
- Dual Diaphragm Booster
- Others
Breakup by Vehicle Type:
- Passenger Cars
- Commercial Vehicles
Breakup by End-User:
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:
- How has the global automotive brake booster market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global automotive brake booster industry?
- What has been the impact of COVID-19 on the global automotive brake booster industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the global automotive brake booster industry?
- What are the key driving factors and challenges in the global automotive brake booster industry?
- What is the structure of the global automotive brake booster industry and who are the key players?
- What is the degree of competition in the global automotive brake booster industry?
- What are the profit margins in the global automotive brake booster industry?
Table of Contents
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
- 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
- 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 Figures
- Figure 1: Global: Automotive Brake Booster Market: Major Drivers and Challenges
- Figure 2: Global: Automotive Brake Booster Market: Sales Value (in Billion US$), 2016 - 2021
- Figure 3: Global: Automotive Brake Booster Market: Sales Volume (in Million Units), 2016 - 2021
- Figure 4: Global: Automotive Brake Booster Market: Breakup by Product (in %), 2021
- Figure 5: Global: Automotive Brake Booster Market: Breakup by Vehicle Type (in %), 2021
- Figure 6: Global: Automotive Brake Booster Market: Breakup by End-User (in %), 2021
- Figure 7: Global: Automotive Brake Booster Market: Breakup by Region (in %), 2021
- Figure 8: Global: Automotive Brake Booster Market Forecast: Sales Value (in Billion US$), 2022-2027
- Figure 9: Global: Automotive Brake Booster Market Forecast: Sales Volume (in Million Units), 2022-2027
- 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$), 2016 & 2021
- Figure 14: Global: Automotive Brake Booster (Single Diaphragm Booster) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 15: Global: Automotive Brake Booster (Dual Diaphragm Booster) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 16: Global: Automotive Brake Booster (Dual Diaphragm Booster) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 17: Global: Automotive Brake Booster (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 18: Global: Automotive Brake Booster (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 19: Global: Automotive Brake Booster (Passenger Cars) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 20: Global: Automotive Brake Booster (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 21: Global: Automotive Brake Booster (Commercial Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 22: Global: Automotive Brake Booster (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 23: Global: Automotive Brake Booster (OEMs) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 24: Global: Automotive Brake Booster (OEMs) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 25: Global: Automotive Brake Booster (Replacement) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 26: Global: Automotive Brake Booster (Replacement) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 27: Asia Pacific: Automotive Brake Booster Market: Sales Value (in Million US$), 2016 & 2021
- Figure 28: Asia Pacific: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 29: North America: Automotive Brake Booster Market: Sales Value (in Million US$), 2016 & 2021
- Figure 30: North America: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 31: Europe: Automotive Brake Booster Market: Sales Value (in Million US$), 2016 & 2021
- Figure 32: Europe: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 33: Middle East and Africa: Automotive Brake Booster Market: Sales Value (in Million US$), 2016 & 2021
- Figure 34: Middle East and Africa: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 35: Latin America: Automotive Brake Booster Market: Sales Value (in Million US$), 2016 & 2021
- Figure 36: Latin America: Automotive Brake Booster Market Forecast: Sales Value (in Million US$), 2022-2027
List of Tables
- Table 1: Global: Automotive Brake Booster Market: Key Industry Highlights, 2021 and 2027
- Table 2: Global: Automotive Brake Booster Market Forecast: Breakup by Product (in Million US$), 2022-2027
- Table 3: Global: Automotive Brake Booster Market Forecast: Breakup by Vehicle Type (in Million US$), 2022-2027
- Table 4: Global: Automotive Brake Booster Market Forecast: Breakup by End-User (in Million US$), 2022-2027
- Table 5: Global: Automotive Brake Booster Market Forecast: Breakup by Region (in Million US$), 2022-2027
- Table 6: Global: Automotive Brake Booster Market Structure
- Table 7: Global: Automotive Brake Booster Market: Key Players