The global demand for Autonomous Emergency Braking Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Units in 2019 and foreseen to touch XX Kilo Units by 2026 with a CAGR of XX% during 2020-2026.
Autonomous emergency braking (AEB) is an in-built system incorporated in the vehicles. It can automatically identify a possible front collision and activates the braking system, slow down the vehicle, and prevent the potential collision. It avoids accidents by applying brakes only in a critical situation. The system is autonomous, acts independently to avoid a collision, and saves drivers and other passengers' lives. AEB does not require any manual interference and serves as essential road safety tools like the seat belt.
The autonomous emergency braking system is gaining popularity worldwide. The key factors driving the global AEB market include rising road accidents, growing safety concerns, and the government's mandatory rules for vehicles to avoid accidents. The other factors that boost the market include the growing spending power of the consumers and the increasing number of semi-autonomous and autonomous cars. However, the installation of the AEB system increases the overall cost of the vehicle and becomes the prime factor in terms of the total cost of the vehicle. Due to such concerns, these systems are majorly implemented in premium brand vehicles, where the impact of the price on the overall cost of the vehicle is minor.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of autonomous emergency braking.
The entire autonomous emergency braking market has been sub-categorized into product type, technology and vehicle type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Low-Speed AEBS
- High-Speed AEBS
By Vehicle Type
- Crash Imminent Braking
- Dynamic Brake Support
- Passenger Vehicle
- Commercial Vehicle
This section covers regional segmentation which accentuates on current and future demand for autonomous emergency braking market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Autonomous Emergency Braking Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the autonomous emergency braking market include 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. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.