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Automotive Brake Booster Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

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. 

 

 
 

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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:

 

 
 

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  • Single Diaphragm Booster
  • Dual Diaphragm Booster
  • Others
     

Breakup by Vehicle Type:

  • Passenger Cars 
  • Commercial Vehicles
     

Breakup by End-User:

  • OEMs
  • Replacement
     

Breakup by Region:

 

 
 

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  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion, Million Units
Segment Coverage Product Type, Vehicle Type, End-User, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered 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 and Liuzhou Wuling Automobile Industry Co., Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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.

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

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


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Key Questions Answered in This Report

The global automotive brake booster market reached a volume of 123.4 Million Units in 2022.

We expect the global automotive brake booster market to exhibit a CAGR of 7.5% during 2023-2028.

The rising demand for brake boosters over mechanical and hydraulic braking systems, as they aid in reducing the overall weight of the car and incorporating additional safety and comfort is primarily driving the global automotive brake booster market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for automotive brake booster.

Based on the product type, the global automotive brake booster market can be categorized into single diaphragm booster, dual diaphragm booster, and others. Currently, single diaphragm booster exhibits a clear dominance in the market.

Based on the vehicle type, the global automotive brake booster market has been segmented into passenger cars and commercial vehicles, where commercial vehicles currently hold the largest market share.

Based on the end-user, the global automotive brake booster market can be bifurcated into OEMs and replacement. Currently, OEMs account for the majority of the total market share.

On a regional level, the market has been classified into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America, where Asia Pacific currently dominates the global market.

Some of the major players in the global automotive brake booster market include 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.

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