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Automotive brake actuator market to register 3.68% CAGR to 2022

Automotive and Transportation Market Research

One trend in the Automotive Brake Actuator market is the increased demand for electrohydraulic actuator for passenger cars. The market driver is the rising preference for electric brake actuators.

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The analysts forecast Global Automotive Brake Actuator market to grow at a CAGR of 3.68% during the period 2018-2022. Brake actuator is a device used in the automotive braking system that regulates the flow of hydraulic and pneumatic pressure to the rear axles to equalize brake pressure among all axles.

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This report covers the present scenario and the growth prospects of the Global Automotive Brake Actuator market for the period 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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Key players in the Global Automotive Brake Actuator Market for 2018-2022: Bosch, Continental, Hitachi, TSE Brakes, WABCO. According to the report, one driver in the market is the rising preference for electric brake actuators.

The market is divided into the following segments based on geography:

- Americas

- APAC

- EMEA

The report, Global Automotive Brake Actuator Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Market driver

- Rising preference for electric brake actuators

- For a full, detailed list, view our report

Market challenge

- Fast-paced development of automotive braking systems, rendering current technology obsolete

- For a full, detailed list, view our report

Market trend

- Electrohydraulic actuator for passenger cars

- For a full, detailed list, view our report

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