The global Autonomous Emergency Braking System market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 14% throughout the estimate period from 2020 to 2027.
Over the last couple of years, the automotive industry has undergone various technological advancements in passenger and commercial vehicles, and the global market has acknowledged these advancements while adopting these vehicles. Autonomous emergency braking system is one of the recent technologies developed by the automotive companies and has gained much attention. The technology involved in autonomous emergency braking system is an active safety system, particularly designed to avoid vehicle crash and collision. It is a feature that alerts the driver to a sudden crash and helps them use the maximum braking capacity of the vehicle. Considering vehicle safety, several manufacturers have implemented this technology to avoid such circumstances.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Autonomous Emergency Braking System market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Autonomous Emergency Braking System market growth.
The global Autonomous Emergency Braking System market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
The prominent players in the autonomous emergency braking system market include Continental AG (Germany), Denso Corporation (Japan), Robert Bosch (Germany), Valeo (France), Hyundai Mobis (South Korea), Autoliv Inc (Sweden), ZF Friedrichshafen (German), Hitachi Automotive Systems (Japan), Mando Corporation (South Korea), Aisin Seiki Co (Japan) and others.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
For the purpose of this study, the global autonomous emergency braking system market has been divided on the basis of technology, system, vehicle type and region. On the basis of technology, the market has been segmented as forward collision warning, dynamic brake support, and crash imminent braking. Forward collision warning has accounted for the highest market share in 2016, followed by dynamic brake support. On the basis of system, the market has been segmented as low speed system, higher speed system and pedestrian system. By vehicle types, it has been segmented as passenger vehicles and commercial vehicles. However, passenger vehicles had commanded the highest market share in 2016, followed by commercial vehicles.
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: