The automotive emergency braking system market is expected to register a CAGR of over 7% during the forecasted period 2021- 2026
The market is driven by the growing interest of customers towards autonomous emergency braking system and rising number of road accidents has boosted the demand. Governments across the world are supporting such safety measures. The market growth is driven by changing customer choices towards fully loaded safety features cars and increasing disposable income. During the forecast period, the passenger car segment is expected to lead the market. Research indicates that AEB has reduced the rear-end crashes by 38%. It is expected that by 2030, the autonomous vehicle market will be valued at US$ 60 billion. North America is expected to have 30% of world’s self-driven cars while western Europe and China to hold 24%. All these aspects are expected to have a positive impact on AEB market.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
Top Key players in the Automatic Emergency Braking System (AEBS) Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Automatic Emergency Braking System (AEBS) Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Delphi (Aptiv), Autoliv, WABCO, Mobileye (Intel), Mando Corporation and others.
Global Automatic Emergency Braking System (AEBS) Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
The report offers in-depth assessment of the growth and other aspects of the Automatic Emergency Braking System (AEBS) Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Automatic Emergency Braking System (AEBS) Market for the historical period of 2017-2021 and the forecast period of 2021-2026.
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Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.