Global Autonomous Emergency Braking System Market size was valued at US $ XX Mn. in 2019 and is expected to grow at a CAGR of XX% over 2020-2027, to account for US $ XX Mn. in 2027.
Autonomous emergency braking (AEB) system is defined as a system used to detect an impending forward crash in time to avoid or mitigate the crash. AEB system alert the driver to take corrective action to avoid the crash. If the driver’s response is not sufficient to avoid the crash, the AEB system automatically applies the brakes to help in preventing or reducing the severity of a crash. The National Highway Traffic Safety Administration believes these technologies represent the next wave of potentially significant advances in vehicle safety.
The report covers the detailed analysis global Autonomous Emergency Braking System industry with the classifications of the market on the vehicle type, product type, technology and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it.
The report has profiled major key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in the Asia Pacific region. The major country’s policies about the automotive and its impact on braking system manufacturers are covered in the report.
Global Autonomous Emergency Braking System Market
Global Autonomous Emergency Braking System Market Dynamics:
• The U.S. Department of Transportation’s National Highway Traffic Safety Administration and 20 automakers are voluntary collaborated to equip almost all new passenger vehicles will be equipped with low-speed AEB, including forward collision warning, by August 31, 2023.
• Vehicle sale in the US declined by 23% in 2020 due to the public health crisis, however, vehicles manufactured with AEB fell only 9%, which shows that the vehicle manufacturers are putting their effort to increase safety through AEB.
• The Japanese government mandated to manufacturers that all new cars manufactured from 2021, must be equipped with automatic braking systems (AEB) to meet international safety standards and to assist in the prevention of accidents caused by elderly drivers.
Global Autonomous Emergency Braking System Market,By Product Type
• Low-speed AEBS
• High-speed AEBS
Low-speed AEBS the segment is expected to grow at a CAGR of XX% during the forecast period.
The Low-speed AEBS segment has xx% of market share in 2019 in the total global autonomous emergency braking system market and is expected to maintain its growth at a CAGR XX% over the forecast period. Low-speed AEBS is designed to detect a low-speed imminent front-end collision. Increasing safety demand and rising road safety concerns due to the number of vehicles is driving the growth of the low-speed AEBS segment. Government norms, Vehicle safety standards, vehicle manufacturer’s initiative are covered in the report country-wise.
Global Autonomous Emergency Braking System Market
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The Crash Imminent Braking segment has a market share of xx% in 2019 and is expected to reach US$ xx Mn by 2027.
The Crash Imminent Braking market is expected to grow at a CAGR of xx% during the forecast period. Growth of front crash rate, harsh driving fatality rate, customer preference for advanced safety in-vehicle, have increased the growth rate of the Crash Imminent Braking segment in the autonomous emergency braking system market. Vehicle crashworthiness can be improved by activating pre-crash protection systems. The vehicle crash becomes unavoidable, the CIB gets full-authority last-second braking to dissipate energy from the crash, and also it pre-tensions belts to improve coupling of occupants to the vehicle, and pre-arming airbags to reduce firing times. The advanced activation of safety devices reduces the crash impact, this technology is highly appreciated by authorities. Toyota, Volkswagen, BMW, Nissan, Honda, Subaru, and Mazda has eight out of 10 vehicles equipped with AEB. The report covers the size and share of Crash Imminent Braking and Dynamic Brake Support by country and vehicle type.
Global Autonomous Emergency Braking System Market Regional Insights
Global Autonomous Emergency Braking System Market1
Asia-Pacific is expected to grow at a CAGR of XX% during 2019-2027 to reach US$ xx Bn. by 2027.
Thanks to the growth in the automotive industry and vehicle safety norms across the region, Asia-Pacific the Autonomous Emergency Braking System market is expected to lead the global market in the forecast period. The rise in the good amount of spending and growing vehicle safety concerns are driving the demand for advance and reliable Autonomous Emergency Braking systems. Moreover, urbanization and growth in intercity transportation are propelling the market growth. China is expected to be the major market in terms of market share in Autonomous Emergency Braking System, which is XX% of total global instant Autonomous Emergency Braking System.
The objective of the report is to present a comprehensive analysis of the Global Autonomous Emergency Braking System Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Autonomous Emergency Braking System Market dynamics, structure by analyzing the market segments and project the Global Autonomous Emergency Braking System Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Autonomous Emergency Braking System Market make the report investor’s guide.
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Global Autonomous Emergency Braking System Market, By Product Type
• Low-speed AEBS
• High-speed AEBS
Global Autonomous Emergency Braking System Market, By Technology
• Crash Imminent Braking
• Dynamic Brake Support
Global Autonomous Emergency Braking System Market, By Vehicle Type
• Passenger Vehicle
• Commercial Vehicle
Global Autonomous Emergency Braking System Market, by Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Global Autonomous Emergency Braking System Market
• Robert Bosch GmbH
• Continental AG
• Delphi Automotive LLP
• ZF Friedrichshafen AG
• Mobileye
• Autoliv Inc.
• Hyundai Mobis
• AISIN SEIKI Co. Ltd.
• Hitachi Automotive Systems Ltd.
• Mando Corporation
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