Market Share of Automotive Vacuumless Braking Industry
The automotive vacuumless braking market is consolidated and majorly dominated by a few players, such as Robert Bosch Gmbh, Brembo S.p.A., Continental AG, and Aptiv PLC, amongst others. Factors like advanced technology, growing investment in R&D projects, and a growing market of electric and autonomous vehicles highly drive the market. To provide more quicker brake response to the driver, major automotive vacuumless braking manufacturers are developing future brake technology and expanding their market reach. For instance,
In September 2022, Robert Bosch started production of the iBooster electric brake booster began at the Tochigi Plant. The company invested USD 0.022 billion (JPY 3 billion) in the Tochigi Plant, which manufactures ABS (antilock braking system) and ESC (electronic stability control), to install production facilities and set up a dedicated production line for the iBooster. iBooster realizes high-performance braking functions such as compatibility with vacuumless systems.
In July 2022, BMW introduced a vacuumless braking system in BMW M models. Through this system, the company enhanced its vehicle performance.
Automotive Vacuumless Braking Market Leaders
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Continental AG
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Robert Bosch GmbH
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Brembo S.p.A.
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Aptiv PLC (Delphi)
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Hitachi Automotive Systems
*Disclaimer: Major Players sorted in no particular order