QYResearch forecast that the global Vacuum Pump Brake market will grow at CAGR 3.11% from 2016 to 2021
Vacuum pump brake is a larger diameter vacuum chamber. There is a pusher (or pistons) mounted with a central diaphragm in the chamber and divide it into two segments. One connects to the atmosphere and the other connected to the engine intake manifold by pipeline. Vacuum pump brake can help shorten the brake distance and decrease the damages to the brake level.
The Vacuum Pump Brake mainly includes mechanical type and electric type. The mechanical type occupies most part of the production. The main production base is located in China, so China is the largest production region in the world.
Currently, almost all automobiles need Vacuum Pump Brake, and the size of the market for passenger cars grew rapidly, and passenger cars has a higher frequency parts replacement, so both in OEM and after-market, the Vacuum Pump Brake used in passenger cars has growth driving factor. So the demand has a stable growth rate. According to QYResearch, The global sales of Vacuum Pump Brake in 2015 have been over 89166 K Units; the gross margin was 19.54%.
The technology of the Vacuum Pump Brake is not difficult. And the big manufacturers can ensure high quality, so their product can meet the high-end consumer’s demand.
The price is decreasing at a stable speed, and high quality means high price. Price between different manufactures has gradient.
In the future, the growing safety awareness will play an important role in the development of the Vacuum Pump Brake. In the future, if any company wants to enter into the industry, the new type of product will be an important feature. QYR forecast that the global Vacuum Pump Brake market will grow at CAGR 3.11% from 2016 to 2021.
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