Global Automotive Brake Actuator Market 2018-2022

Overview of the global automotive brake actuator market  

To increase the efficiency of the braking system, vehicle manufacturers are replacing mechanical components with electrical components. The increased utility of electric actuators over conventional brake actuators will encourage the OEMs to develop advanced actuator technologies. Technavio’s market study identifies the rising preference for electric brake actuators to be one of the primary growth factors for the automotive brake actuator market. The reduced size and weight of the electric brake actuators, increases the fuel efficiency in internal combustion engine vehicles. Vehicle manufacturers are increasingly replacing electric brake actuators with electric brake actuators, owing to their high utility in vehicles. Our market analysts estimate that the market in terms of volume will grow at a CAGR of close to 4% by 2022.

The integration of brake actuators with electronic stability control units will drive the growth of the automotive brake actuator market. To increase the safety of the passengers in cars, vehicle manufacturers are developing electronic stability systems. These systems enable the vehicles to maintain traction on slippery roads. The electronic stability control systems engage the brakes on detecting loss of traction to retain the maneuverability of the vehicle.

What's your takeaway?

Technavio's industry research report titled, - Global Automotive Brake Actuator Market, will help you-

• Identify latent opportunities and explorative solutions in the automotive brake actuator market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, all permutations and combinations inclusive

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Companies covered

The automotive brake actuator market is characterized by numerous vendors. This market report analyzes the competitive trailer brake controller market containing key vendors offering wide and diversified product portfolio. Technavio’s analysts also analyze the key focus areas and the strategies adopted by vendors to sustain profitably in the automotive brake actuator market.   

This research report provides an analysis of the various companies in this market including:

• Bosch
• Continental
• Hitachi
• TSE Brakes
• WABCO

Segmentation by application and analysis of the automotive brake actuator market

• Passenger car
• Commercial vehicle  

In terms of application, the automotive brake actuators are primarily used in passenger cars. The growing demand for passenger cars will drive the incorporation of automotive brake actuators in passenger cars, propelling the growth of the trailer brake controller market.

Geographical segmentation and analysis of the automotive brake actuator market

• Americas
• APAC
• EMEA

APAC will be the major revenue contributor to the automotive brake actuator market till the end of the forecast period. The presence of numerous vehicle manufactures that offer developed electronic braking systems with improved stopping power over conventional braking systems, and high demand for vehicles, will drive the growth of the trailer brake controller market in this region.  

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global automotive brake actuator market?
• What are the key market trends impacting the growth of the global automotive brake actuator market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive brake actuator market?
• What are the market opportunities and threats faced by the vendors in the global automotive brake actuator market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive brake actuator market?

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