According to Stratistics MRC, the Global Advanced Emergency Braking System (AEB) market is expected to grow from $XX million in 2016 to reach $XX million by 2023 with a CAGR of XX%.
Gaithersburg, Maryland, United States – January 9, 2018 —
With quick hastening in technological development, the automotive braking industry is witnessing a gradual shift from mechanical to hydraulic braking, which is nowadays quickly shifting to electronically-controlled braking systems. Stringent regulations and the understanding of drivers towards the need for vehicle safety will strengthen the competition among vendors.
The passenger cars commanded the highest market share and the growth can be attributed to the introduction of stringent regulations on vehicle safety by the developed nations. The key vendors are focusing on developing advanced braking systems, whereas the new entrants are concentrating on developing products with conventional and passive braking technologies.
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Some of the key players in global advanced emergency braking system (AEB) market include Mobileye, Continental AG, Autoliv, Bosch, ZF-TRW, Delphi, Ford, Magna, Mercedes Benz, General Motors, Robert Bosch GmbH, Mitsubishi, Siemens, Tesla Motors and Audi.
Vehicle Types Covered:
• Passenger Cars
• Commercial Vehicles
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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– Strategic recommendations for the new entrants
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