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Electric Boosters Market
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Electric Boosters Market

Author: Swarup Sahu - Senior Consultant, Report ID - DS2001124, Published - June 2025

Segmented in Product Type (Residential Grade, Commercial Grade, Industrial Grade), Applications (Construction, Oil & Gas, Automotive, Mining Operations, Aerospace, Others), Power Capacity, Technology and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Electric Boosters Market Outlook

The market, for Electric Boosters was estimated at $1.5 billion in 2024; and it is anticipated to increase to $4.0 billion by 2030 with projections indicating a growth to around $9.0 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 17.5% over the forecast period. The increasing need for boosters indicates a significant shift towards energy efficient solutions across various industries. This rise is primarily driven by key factors such as a growing emphasis on sustainability and technological advancements in addition to stricter regulations for energy preservation. Furthermore the changing consumer preferences, towards friendly products have played a crucial role in the continued importance of electric boosters.


Electric boosters are well known for their characteristics like excellent effectiveness and cost efficiency with high productivity levels as well as being widely used in various fields including water supply systems and agricultural practices along with heating and air conditioning setups among others industries. The integration of automated control mechanisms into these units has become increasingly popular in recent times thus increasing the need, for them further.


Market Size Forecast & Key Insights

2019
$1.5B2024
2029
$7.7B2034

Absolute Growth Opportunity = $6.1B

The Electric Boosters market is projected to grow from $1.5 billion in 2024 to $7.7 billion in 2034. This represents a CAGR of 17.5%, reflecting rising demand across Automotive Industry, Aerospace Sector and Marine.

The Electric Boosters market is set to add $6.1 billion between 2024 and 2034, with manufacturer targeting Oil & Gas & Automotive Applications projected to gain a larger market share.

With Rising demand for energy-efficient solutions, and Technological advancements in electrification, Electric Boosters market to expand 402% between 2024 and 2034.

Opportunities in the Electric Boosters Market

Collaborations with Electric vehicle Manufacturers

The worldwide adoption of vehicles is growing rapidly and creating a higher demand for essential components such as electric boosters to power them effectively. Forming partnerships, with electric vehicle manufacturers offers an opportunity for electric booster companies to tap into the thriving electric vehicle market.

Revolutionizing Environmental Sustainability and Integration in Home Automation Systems

The growing recognition and pressing need to address climate change provide an opportunity for Electric boosters in the market scenario today. Across sectors Businesses and customers are actively exploring eco friendly options. Electric boosters play a role, in cutting down carbon emissions while providing a greener and more effective alternative. This eco friendly advantage, coupled with progress paves the way for electric boosters to lead the industry and fulfill the increasing environmental requirements.

As technology progresses and people rely more on technology in their lives home automation systems are becoming increasingly popular. To enhance the comfort and intelligence of living spaces integrating boosters into smart homes can offer users innovative solutions for their living needs. This integration allows for energy homes where boosters adjust to the preferences of users and minimize energy consumption. As a result the incorporation of boosters, into smart homes presents a significant market opportunity that has not only yet been fully explored.

Growth Opportunities in North America and Asia-Pacific

Asia Pacific Outlook

In contrast to regions globally the Asia Pacific region shows great potential for the electric boosters market due to a growing emphasis on eco friendly technology and emission regulations especially in nations such as China and Japan. Trends like mobility are boosting the need for electric boosters. The main focus is on electric vehicle initiatives, battery driven commercial vehicles and electric public transportation systems. The competitive scenario is varied, with local and international companies all vying for a slice of the market share. In this region of business development opportunities abound due to the presence of top automotive giants such as Toyota and Hyundai. These companies create an environment, for manufacturers looking to expand.

North America Outlook

In North America's electric boosters sector flourishes due to its cutting edge technology setup and the growing need for eco automotive solutions as electric vehicles gain popularity for better performance boosters play a significant role in this surge in demand. Increased awareness about emission control and energy preservation also drives the market forward with prospects in the electric vehicle and aerospace industries. Competition is fierce in this field as companies vie for an edge through innovation, in their products. Having companies such as Tesla, General Motors and Ford interested in purchasing boosters creates a favorable environment for manufacturers, in this region.

North America Outlook

In North America's electric boosters sector flourishes due to its cutting edge technology setup and the growing need for eco automotive solutions as electric vehicles gain popularity for better performance boosters play a significant role in this surge in demand. Increased awareness about emission control and energy preservation also drives the market forward with prospects in the electric vehicle and aerospace industries. Competition is fierce in this field as companies vie for an edge through innovation, in their products. Having companies such as Tesla, General Motors and Ford interested in purchasing boosters creates a favorable environment for manufacturers, in this region.

Asia-Pacific Outlook

In contrast to regions globally the Asia Pacific region shows great potential for the electric boosters market due to a growing emphasis on eco friendly technology and emission regulations especially in nations such as China and Japan. Trends like mobility are boosting the need for electric boosters. The main focus is on electric vehicle initiatives, battery driven commercial vehicles and electric public transportation systems. The competitive scenario is varied, with local and international companies all vying for a slice of the market share. In this region of business development opportunities abound due to the presence of top automotive giants such as Toyota and Hyundai. These companies create an environment, for manufacturers looking to expand.

Growth Opportunities in North America and Asia-Pacific

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : U.S., China, Germany, Japan, UK are expected to grow at 16.8% to 24.5% CAGR

2

Emerging Markets : Nigeria, Vietnam, Colombia are expected to grow at 13.1% to 18.2% CAGR

Market Analysis Chart

Electric boosters have gained significant traction in recent years due to an increasing demand for energy-efficient systems and the growing popularity of electric vehicles. These powerful devices are capable of amplifying electric power input to achieve higher outputs, leading to optimal performance in a wide range of applications. The market trends indicate a promising future, driven primarily by advancements in technology and a growing environmental consciousness among consumers. One key market driver is the expanding electric vehicles market.

Recent Developments and Technological Advancement

December 2024

Tesla launched a groundbreaking electric booster, resulting in soaring interest across the global market. This development is considered a significant breakthrough in propulsion technology, driving growth in the electric boosters industry.

November 2024

Eon drive systems released an innovative range of electric boosters, boasting energy efficiency and high performance. This development is believed to reshape the applications and future prospects of electric boosters.

October 2024

General Electric stepped into the electric boosters market with the introduction of a new patented technology. This addition signifies their strategic shift towards the blue ocean of Electric boosters industry.

The recent market trajectory for electric boosters has been markedly dynamic, stimulated by continual advancements in technology and changing consumer demands. Presently, one of the leading market trends is the expanding utilization of these boosters in various sectors, notably in automotive and industrial applications. Technological innovations ongoing in this realm focus on augmenting efficiency, lowering energy consumption, and enhancing the longevity of electric boosters.

Impact of Industry Transitions on the Electric Boosters Market

As a core segment of the Automotive industry, the Electric Boosters market develops in line with broader industry shifts. Over recent years, transitions such as Automotive Industry Shift and Aerospace Advancements have redefined priorities across the Automotive sector, influencing how the Electric Boosters market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Automotive Industry Shift:

In years the automotive sector has seen a notable transition towards electric mobility. Electric boosters have become crucial in this change enhancing torque to improve engine performance, fuel efficiency and overall power in cars. The global recognition of boosters in EVs is growing due, to their scalability and sustainability features. Big players in the industry like Tesla and BMW are adding enhancements to boost the performance of their electric cars which is set to not only revolutionize the automotive sector but also have a major influence on related industries such, as battery makers and renewable energy producers.

2

Aerospace Advancements:

Another remarkable transition influenced by electric boosters is unfolding within the aerospace industry. Aircraft manufacturers are leveraging these highperforming boosters to enhance the efficiency of electric propulsion systems in aircraft. With advancements in electric propulsion technology, the aerospace industry is progressively moving towards more ecofriendly and fuelefficient aircraft.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Automotive industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Automotive industry cascade into the Electric Boosters market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Rising demand for energy-efficient solutions, and Growth in the electric vehicle market

With the growing focus on environmental issues the need for Electric boosters is also increasing due to their energy efficiency and sustainability benefits. Electric boosters are also crucial in sectors like automotive, HVAC systems and industrial machinery delivering high energy performance while consuming much less energy than conventional alternatives. These innovations exemplify how advanced technology is also driving a shift, towards an industrial landscape.
As the EV market grows globally, so does also the demand for advanced components like Electric boosters, which enhance the performance and efficiency of these vehicles. These boosters are also integral for accelerating the EVs speed and improving the driving experience. The rapid adoption of EVs is also thus driving the growth of the Electric boosters market.
In years and with the continuous progress in electrification technology sector has also greatly influenced the market for electric boosters positively. Innovations like software managed systems, velocity controllers and design enhancements are also enhancing the effectiveness of boosters making them increasingly favored for various uses ranging from electric cars, to industrial operations.

Restraint: High Capital Investment

The initial cost of implementing boosters can be a major obstacle to their widespread use since it requires a significant investment upfront. Medium sized enterprises in particular may struggle to afford these advanced technologies, which could hinder the broader adoption of Electric boosters. SMEs often face challenges related to the expenses associated with acquiring and maintaining Electric boosters leading them to stick with conventional energy sources instead. Moreover the necessity for workers who can operate and upkeep these boosters contributes to the overall costs and further limits the demand, in the market.

Challenge: Technological Limitations

Another major obstacle impeding the Electric boosters market growth pertains to technological limitations. Despite their high efficiency, Electric boosters complexity can result in operational challenges. For instance, their sensitivity to extreme conditions such as high temperatures or corrosive environments could limit their usage in certain industrial applications. Additionally, concerns regarding potential power loss issue also deter prospective consumers, fearing unreliable performance or frequent maintenance requirements.

Supply Chain Landscape

Raw Material Procurement

Rio Tinto

BHP Group

Component Manufacturing

Bosch Group

Denso Corporation

Booster Assembly
Honeywell International / BorgWarner Inc
Distribution & End Users
Amazon / Wal-Mart
Raw Material Procurement

Rio Tinto

BHP Group

Component Manufacturing

Bosch Group

Denso Corporation

Booster Assembly

Honeywell International

BorgWarner Inc

Distribution & End Users

Amazon

Wal-Mart

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Electric Power Steering
Automotive
Bosch Limited
Enhanced focus on research and development to improve energy conservation and efficiency
Water Jetting
Construction
Flow International Corporation
Striving for extensions in product range and continuous technological advancements
Air Compression
HVAC & Industrial
Ingersoll Rand Inc
Prioritizing customer needs and customizing products accordingly

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Electric Boosters market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Electric Boosters in Marine, Aerospace Sector and Automotive Industry

Marine

Electric boosters further find use in marine applications, designed to support boat propulsion systems. These Electric Propulsion Boosters significantly enhance travel efficiency while reducing dependence on traditional fuel sources. Renowned companies like Torqeedo and Yamaha are major influencers in this market segment, with a strong reputation for delivering top-notch electric propulsion booster technologies.

Aerospace Sector

Electric boosters also play a critical role in the aerospace industry. Electric Jet Boosters are frequently utilized to assist in take-off processes of aircraft, reducing the need for excessive runway lengths and fuel consumption. Top-tier organizations like Boeing and Honeywell have demonstrated strong market command through their superior and state-of-the-art electric jet booster offerings.

Automotive Industry

The automotive industry employs the use of electric boosters extensively to augment hydraulic braking systems. These systems predominantly utilize Electric Vacuum Boosters, a variant of electric boosters with significant advantages such as reducing the vehicles dependence on the internal combustion engine and improving fuel efficiency. Prominent market players, like Bosch and DENSO, continue to lead this application region by consistently delivering innovative and efficient solutions.

Electric Boosters vs. Substitutes:
Performance and Positioning Analysis

Electric boosters demonstrate superior efficiency and sustainability compared to conventional boosters, harnessing technology advancements to revolutionize applications in multiple industries. Their unique positioning leverages market trends towards cleaner energy, promising substantial growth potential

Electric Boosters
  • Hydraulic boosters /
  • Kinetic energy recovery systems /
  • Fuel cell power systems
    High efficiency and energy savings, Environmentally friendly and reduces carbon footprint
    High initial cost, Dependence on electricity supply
    High energy efficiency, longer lifespan
    Limited power range, complex installation process

Electric Boosters vs. Substitutes:
Performance and Positioning Analysis

Electric Boosters

  • High efficiency and energy savings, Environmentally friendly and reduces carbon footprint
  • High initial cost, Dependence on electricity supply

Hydraulic boosters / Kinetic energy recovery systems / Fuel cell power systems

  • High energy efficiency, longer lifespan
  • Limited power range, complex installation process

Electric boosters demonstrate superior efficiency and sustainability compared to conventional boosters, harnessing technology advancements to revolutionize applications in multiple industries. Their unique positioning leverages market trends towards cleaner energy, promising substantial growth potential

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Research Methodology

This market research methodology defines the Electric Boosters market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the Automotive ecosystem, we analyze Electric Boosters across Construction, Oil & Gas, and Automotive Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:


We benchmark competitors such as ABB Ltd, Schneider Electric, and Siemens AG by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Material Procurement, Component Manufacturing, and Booster Assembly. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Automotive revenues to estimate the Electric Boosters segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Material Procurement (Rio Tinto, BHP Group), Component Manufacturing (Bosch Group, Denso Corporation), and Booster Assembly. Our parallel substitute analysis examines Hydraulic boosters, Kinetic energy recovery systems, and Fuel cell power systems, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as ABB Ltd, Schneider Electric, and Siemens AG, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Electric Boosters market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Electric Boosters Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 1.8 billion
Revenue Forecast in 2034USD 7.7 billion
Growth RateCAGR of 17.5% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 20241.5 billion
Growth OpportunityUSD 6.1 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 20241.5 billion USD
Market Size 20272.5 billion USD
Market Size 20293.4 billion USD
Market Size 20304.0 billion USD
Market Size 20347.7 billion USD
Market Size 20359.0 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredProduct Type, Applications, Power Capacity, Technology
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledABB Ltd, Schneider Electric, Siemens AG, General Electric Company, Eaton Corporation, Bosch Rexroth Corporation, Honeywell International Inc, Techno Booster Technology Inc, Ampco Pumps Company, Grundfos, Intralox and Vertiflo Pump Company
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Electric Boosters Market Size, Opportunities & Strategic Insights, by Product Type

4.1Residential Grade
4.2Commercial Grade
4.3Industrial Grade
Chapter 5

Electric Boosters Market Size, Opportunities & Strategic Insights, by Applications

5.1Construction
5.2Oil & Gas
5.3Automotive
5.4Mining Operations
5.5Aerospace
5.6Others
Chapter 6

Electric Boosters Market Size, Opportunities & Strategic Insights, by Power Capacity

6.1Up to 50 watts
6.250-150 watts
6.3Above 150 watts
Chapter 7

Electric Boosters Market Size, Opportunities & Strategic Insights, by Technology

7.1Direct Current
7.2Alternating Current
Chapter 8

Electric Boosters Market, by Region

8.1North America Electric Boosters Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Electric Boosters Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Electric Boosters Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Electric Boosters Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Electric Boosters Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Electric Boosters Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1ABB Ltd
9.2.2Schneider Electric
9.2.3Siemens AG
9.2.4General Electric Company
9.2.5Eaton Corporation
9.2.6Bosch Rexroth Corporation
9.2.7Honeywell International Inc
9.2.8Techno Booster Technology Inc
9.2.9Ampco Pumps Company
9.2.10Grundfos
9.2.11Intralox
9.2.12Vertiflo Pump Company