Global Automotive Advanced Emergency Braking System Market Size, Status and Forecast 2021-2027

The braking system forms a fundamental part of the vehicle along with the engine, powertrain, and vehicle body. Started as a mechanical device in the vehicle, the system aids in slowing or stopping the vehicle by means of friction. Since the invention of commercially viable automobiles in the late 1920s, technological advances have evolved the vehicle into a much safer, comfortable, and eco-friendly experience. Vehicles have now become more than just a means of transportation. Innovations and developments have made vehicles more powerful and intelligent with the rapid adoption of electronics that can self-learn to adapt with real-time driving situations. Automobiles of toady boast of more electronics than mechanical parts and components with an average hatchback consisting of over 35%-40% electronic components in 2015 and we expect this to rise to over 60% by 2020. With rapid acceleration in technological development, the automotive braking industry is experiencing a gradual shift from mechanical to hydraulic braking, which is now rapidly shifting to electronically-controlled braking systems.
The automotive industry is one of the major contributors to environmental pollution, which induced various governing bodies across the world to introduce regulations that demand the reduction of vehicle emissions. As a result, several OEMs and tier-1 suppliers have started investing in developing electronic systems such as anti-lock braking, electronic stability control, and several other driver assistance systems that not only enhance fuel efficiency and reduce emissions but also enhances vehicle safety by improving the braking force. Moreover, the increasing adoption of electric vehicles also results in the adoption of several electronic components, which will, in turn, propel the market‘s growth prospects.

Market Analysis and Insights: Global Automotive Advanced Emergency Braking System Market
The global Automotive Advanced Emergency Braking System market size is projected to reach US$ XX million by 2026, from US$ XX million in 2019, at a CAGR of XX% during 2021-2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automotive Advanced Emergency Braking System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automotive Advanced Emergency Braking System market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automotive Advanced Emergency Braking System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automotive Advanced Emergency Braking System market.

Global Automotive Advanced Emergency Braking System Scope and Market Size
Automotive Advanced Emergency Braking System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Advanced Emergency Braking System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Initiative
Passive

Segment by Application
Passenger Car
Commercial Vehicle

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Bosch
Continental AG
Delphi
ZF-TRW
Autoliv
Mobileye

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QYR-17149121

12-Jan-2021

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