Global Antilock Braking System (ABS) Sales Market Report 2020

Anti-lock braking system (ABS) is an automotive safety system, allowing the wheels to maintain tractive contact with the road surface according to driver inputs while braking, preventing the wheels from locking up (ceasing rotation) and avoiding uncontrolled skidding. In general, anti-lock braking system (ABS) can benefit in two ways: stop faster and be able to steer while you stop.

There are four main components to an ABS system: speed sensors, pump, valves and controller. Speed sensors, located at each wheel, can provide the information that when a wheel is about to lock up. The valve is in the brake line of each brake controlled by the ABS. When a valve reduces the pressure in a line, the pump is there to get the pressure back up. The controller is a computer in the car, watching the speed sensors and controlling the valves.
Due to the policy promotion and fast developing automotive market, new vehicles’ assembly rate of ABS is growing faster. Demand from the downstream brings a power to the development of antilock braking system industry. In recent years, growing China market became an important driving force for ABS. Many foreign manufacturers enter into China by investment and joint venture. At present, a few companies occupy most of ABS market. They are Bosch, Continental Teves, TRW, ADVICS and Hyundai Mobis etc.

Market Analysis and Insights: Global Antilock Braking System (ABS) Market
The global Antilock Braking System (ABS) market size is projected to reach US$ 25100 million by 2026, from US$ 20660 million in 2020, at a CAGR of 3.3% during 2021-2026.

Global Antilock Braking System (ABS) Scope and Market Size
The global Antilock Braking System (ABS) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Antilock Braking System (ABS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Antilock Braking System (ABS) market is segmented into
One-channel ABS
Two-channel ABS
Three-channel ABS
Four-channel ABS

Segment by Application, the Antilock Braking System (ABS) market is segmented into
Passenger Car
Commercial Vehicle

The Antilock Braking System (ABS) market is analysed and market size information is provided by regions (countries). Segment by Application, the Antilock Braking System (ABS) market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Antilock Braking System (ABS) Market Share Analysis
Antilock Braking System (ABS) market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Antilock Braking System (ABS) business, the date to enter into the Antilock Braking System (ABS) market, Antilock Braking System (ABS) product introduction, recent developments, etc.

The major vendors covered:
Bosch
Continental
TRW
ADVICS
Hyundai Mobis
Mando
Wabco
Knorr-Bremse
Hitachi
Nissin Kogyo
Junen
Wanxiang
APG
Kormee
Dongfeng Electronic
Guangzhou Sivco