Automotive iBooster Market is expected to reach at US$ XX Mn by 2026 from US$ XX Mn in 2020 at a CAGR of XX% during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Automotive iBooster Definition:

Automotive iBooster is an electromechanical brake booster that provides situation-dependent support when the driver initiates braking. iBooster is an intelligent version of the brake booster, which is a vacuum independent brake booster.
Automotive iBooster Market Dynamics:

More efficient combustion engines, new driving modes (such as coasting or fully electric driving), as well as modern driver assistance functions have increased the demand for modular and scalable vacuum-independent solutions for the braking system. The widely used vacuum-based approach to brake boosters, however, only offers limited opportunities to recuperate energy, and always provides the same level of boost to the driver‘s pedal force, which is only defined once.
Modern combustion engines and electric vehicles do not provide a sufficient vacuum level for the vacuum brake booster, therefore, mechanical or electric vacuum pumps are used. Energy is required to generate the vacuum in traditional braking systems, but iBooster operates completely without a vacuum source. This means that a mechanical vacuum pump is no longer required. The removal of the vacuum pump alone saves fuel and reduces CO2 emissions. Furthermore, functions that reduce fuel consumption (such as start/stop or coasting, during which time the engine is temporarily switched off) are used in ibooster, which acts as the driving factors to the growth of the automotive iBooster market.
Stringent safety norms and high emphasis on the performance of vehicles have made it necessary for the manufacturers to focus on advanced braking technology. Increasing advancements in technology have created a huge opportunity for manufacturers to integrate this technology into the car for better performance.
Automotive iBooster Market Segment Analysis:

The report groups the Automotive iBooster Market in different segments like mode of operation of vehicles, vehicle type, and by region to forecast the revenues and analyze the market share of each segment over the forecast period.

Automotive iBooster Market

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By mode of operation of vehicles, the Autonomous vehicle segment was dominant in 2020 and is expected to command the market share of xx% by 2026. An autonomous vehicle is a self-driving vehicle, which can drive itself and apply brakes itself whenever required, using various in-built technologies, actuators, and sensors. An autonomous vehicle requires a more powerful and technologically advanced brake boosting system than a semi-autonomous vehicle, which has driven the growth of the Automotive iBooster Market.
Based on Vehicle type, the automotive ibooster market is classified into passenger vehicles and commercial vehicles. The sub-segmentation of passenger vehicles are sedans, multipurpose vehicles, hatchback cars, and sport utility vehicles. The commercial vehicles segment is majorly split into lightweight commercial vehicles and heavy commercial vehicles.
Automotive iBooster Market Regional Insights-

Europe is expected to command the largest market share of xx% by 2026

Because of the presence of a large number of manufacturers of ibooster in the region and the high tendency of adoption of the latest technology, the contribution of the European region is high to the Automotive ibooster Market. The automotive sector is a strong industry and a growth engine of Europe’s economy. The European automotive industry accounts for over 40 percent of the global automotive value share, and commercial vehicles are the backbone of Europe’s economy, transporting 75 percent of all land-carried goods and 90 percent of value transported.

Automotive iBooster market

The Asia Pacific is also expected to contribute a market share of xx% by 2026. The potential for Asia to become globally competitive in the automotive sector is shown by the experience of Indian auto‐parts manufacturers who became world leaders by having first acquired technical and managerial skills from leading original equipment manufacturers (OEMs) established in India, followed by a process of serving increasingly discerning customers in competitive export markets.

China continues to be the world’s the largest vehicle market with the Chinese government expecting that automobile output will reach 30 Mn units by 2020 and 35 Mn by 2026. The Chinese government opened up the automotive market to foreign companies by cutting the tariffs on automotive products and lifting the cap of foreign investment into the sector, which is also acting as a driving factor to the growth of the automotive ibooster market.

The objective of the report is to present a comprehensive analysis of the Automotive iBooster Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Automotive iBooster Market dynamics, structure by analyzing the market segments and projects the Automotive iBooster Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Automotive iBooster Market make the report investor’s guide.
Automotive iBooster Market Scope: Inquire before buying

Automotive iBooster Market
Automotive iBooster Market Key Players:

• Continental AG
• Denso Corporation
• Aisin Seiki Co. Ltd.
• FTE Automotive
• TRW Automotive
• Robert Bosch Gmbh
• Beringer SAS
• Brembo
• EBC Brakes
• Stop Tech
• Akebon Brake
• ZF TRW Co.
• Nissin Kogyo Co., Ltd.
• Haldex AB
• Wabco Holdings Inc.
• Aisin Seiki Co., Ltd.
• Nissin Kogyo Co., Ltd.

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