Electric Brake Booster Motor Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 2.5 Billion by 2033 at a CAGR of 9.2% from 2026 to 2033.
In 2022, the global electric brake booster motor market was valued at approximately USD 3.78 billion and is projected to reach around USD 18.23 billion by 2029, reflecting a compound annual growth rate (CAGR) of 23.7% during the forecast period. Asia Pacific holds a significant share of this market, driven by major automotive markets such as China, Japan, and India. China, in particular, leads the electric vehicle (EV) sector, accounting for nearly 60% of global EV purchases in 2022, which fuels the demand for electric brake boosters. Europe also commands a substantial portion of the market, with a 45% share, supported by stringent emission regulations and a strong push towards vehicle electrification. North America follows, driven by increased EV adoption and government incentives promoting advanced vehicle safety features. The markets growth is propelled by the escalating demand for vehicle safety features and the global shift towards electric vehicles. However, challenges such as the high cost associated with brake booster replacement and the complex integration with existing vehicle systems may hinder growth. Opportunities lie in increased investments by key industry players and advancements in safety technology. For instance, Boschs investment in electro mechanical brake boosters reflects the industrys commitment to innovation. Additionally, the growing consumer awareness of vehicle safety and favorable government regulations supporting EV adoption are expected to further drive market expansion across various regions.
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NIDEC
Johnson Electric
MAHLE Group
ABB
ZHAOWEI MACHINERY & ELECTRONICS
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Electric Brake Booster Motor Market
Brushless Electric Brake Booster Motor
Brushed Electric Brake Booster Motor
Integrated Electric Brake Booster Motor
External Electric Brake Booster Motor
Passenger Vehicles
Commercial Vehicles
Heavy-Duty Vehicles
Motorcycles
Electric Vehicles (EVs)
Automotive
Aerospace
Marine
Industrial Machinery
Low Voltage (up to 12V)
Medium Voltage (12V to 24V)
High Voltage (above 24V)
Single Motor Configuration
Dual Motor Configuration
Modular Motor Configuration
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Electric Brake Booster Motor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electric Brake Booster Motor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Brake Booster Motor Market, By Type
6. Global Electric Brake Booster Motor Market, By Application
7. Global Electric Brake Booster Motor Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Electric Brake Booster Motor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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