Global Automatic Emergency Braking Market, By Brake (Disc, Drum), Vehicle (ICE, Electric &Hybrid Vehicle), Technology (Crash Imminent Braking, Dynamic Brake Support, Forward Collision Warning), Type (Low Speed AEB System, High Speed AEB System, Pedestrians AEB System), Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Automatic Emergency Braking Market
The automatic emergency braking market will reach at an estimated value of USD 71.23 billion by 2028 and grow at a CAGR of 14.70% in the forecast period of 2021 to 2028. Rise in the awareness about the passenger safety acts as an essential factor driving the automatic emergency braking market.
Automatic emergency braking is used in vehicles that is used to alert driver about any crash with another vehicles so that they can avoid any accident. They have the ability to detect any critical situation early and if driver is not able to apply brake immediately, these AEB systems have the ability to apply brake automatically so that they can decrease the severity of the crash.
Rise in the technological development in autonomous and semi- autonomous vehicles is a crucial factor accelerating the market growth, also rise in the stringent government regulation related to road safety, increase in the road accidents worldwide, rise in the demand for autonomous cars, rise in the consumer awareness regarding vehicle safety, rise in the passenger car sales and OEMs offering AEB in standard models and rise in the encouragement of safety technologies by Euro New Car Assessment Programme (Euro NCAP) are the major factors among others boosting the automatic emergency braking market. Moreover, rise in the accidents in emerging economies, rise in the growth in the number of semi-autonomous cars and rise in the research and development activities in the market will further create new opportunities for automatic emergency braking market in the forecast period mentioned above.
However, high cost associated with AEB and rise in the technical complexities and lack of infrastructure are the major factors among others restraining the market growth, and will further challenge the automatic emergency braking market in the forecast period mentioned above.
This automatic emergency braking market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automatic emergency braking market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automatic Emergency Braking Market Scope and Market Size
The automatic emergency braking market is segmented on the basis of brake, vehicle, technology, type and vehicle type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of brake, the automatic emergency braking market is segmented into disc and drum.
- Based on vehicle, the automatic emergency braking market is segmented into ICE and electric &hybrid vehicle.
- Based on technology, the automatic emergency braking market is segmented into crash imminent braking, dynamic brake support and forward collision warning,
- Based on type, the automatic emergency braking market is segmented into low speed AEB system, high speed AEB system and pedestrians AEB system.
- The automatic emergency braking market is also segmented on the basis of vehicle type into passenger cars, light commercial vehicle and heavy commercial vehicle.
Automatic Emergency Braking Market Scope Country Level Analysis
The automatic emergency braking market is analysed and market size, volume information is provided by country, brake, vehicle, technology, type and vehicle type as referenced above.
The countries covered in the automatic emergency braking market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the automatic emergency braking market due to rise in the stringent government regulation related to road safety, increase in the road accidents, rise in the consumer awareness regarding vehicle safety and rise in the passenger car sales and OEMs offering AEB in standard models in this region.
The country section of the automatic emergency braking market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automatic Emergency Braking Market Share Analysis
The automatic emergency braking market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automatic emergency braking market.
The major players covered in automatic emergency braking market report are Autoliv Inc., Robert Bosch GmbH, Continental AG, Delphi Technologies, Magna International Inc., Mobileye, ZF Friedrichshafen AG, Valeo, AISIN SEIKI Co., Ltd., DENSO CORPORATION., Daimler AG, Bayerische Motoren Werke AG, Mercedes-Benz, AB Volvo, Siemens, Ford Motor Company, General Motors, Hyundai Motor Company, Groupe PSA among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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