Automotive Advanced Emergency Braking System Market

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.
Automotive Advanced Emergency Braking System Market contains market size and forecasts of Automotive Advanced Emergency Braking System in Global, including the following market information:
Global Automotive Advanced Emergency Braking System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Automotive Advanced Emergency Braking System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Initiative Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Advanced Emergency Braking System include Bosch, Continental AG, Delphi, ZF-TRW, Autoliv and Mobileye, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Advanced Emergency Braking System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Advanced Emergency Braking System Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Automotive Advanced Emergency Braking System Market Segment Percentages, by Type, 2021 (%)
Initiative
Passive
Global Automotive Advanced Emergency Braking System Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Automotive Advanced Emergency Braking System Market Segment Percentages, by Application, 2021 (%)
Passenger Car
Commercial Vehicle
Global Automotive Advanced Emergency Braking System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Automotive Advanced Emergency Braking System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Advanced Emergency Braking System revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Automotive Advanced Emergency Braking System revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
Continental AG
Delphi
ZF-TRW
Autoliv
Mobileye