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Electric Brake Booster Market: Key Player Trends, Analysis and Forecast to Grow CAGR 22.4% During 2019-2025

QY Research has published the new industry research report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.

 

Los Angeles, CA -- (SBWIRE) -- 02/17/2019 -- Electric Brake Booster is a brake system that's assisted by an electric motor, and as a new approach replaces the conventional vacuum booster with a motor that works on the master cylinder plunger to add force when a driver presses the brake pedal. The booster makes hybrid and electric vehicles even more efficient, while enhancing safety through shorter braking distances.

Electric Brake Booster is a brake system that's assisted by an electric motor, and as a new approach replaces the conventional vacuum booster with a motor that works on the master cylinder plunger to add force when a driver presses the brake pedal. The booster makes hybrid and electric vehicles even more efficient, while enhancing safety through shorter braking distances.

The electric brake booster expected to grow at a CAGR of 22.7% from 381 million USD in 2017 to reach 1952 million USD by 2025 in global market. The electric brake booster market is very concerted market; there are only three manufactures produce this product.

The manufactures are Bosch, Continental and Hitachi. Bosch is the largest manufacturer; its revenue of global revenue market exceeds 85% in 2017. The next is Continental and Hitachi? with a 8% revenue market share.

The global Electric Brake Booster market is valued at 470 million US$ in 2018 is expected to reach 1950 million US$ by the end of 2025, growing at a CAGR of 22.4% during 2019-2025.

Get PDF template of this report: https://www.qyresearch.com/sample-form/form/965644/global-electric-brake-booster-trends-and-forecast

The following manufacturers are covered:

Bosch

Continental

Hitachi

Segment by Type

Two-Box

One-Box

Segment by Application

EV

HEV/PHEV

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