Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Automatic Emergency Braking System (AEBS) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 7.0% during the review period (2022 to 2027).
The global market for automatic emergency braking systems was valued at $43.7 billion in 2017, and is expected to increase to $67.67 billion by 2027, with a CAGR of 7.0% from 2022 to 2027. The global market is being fueled by an increase in the number of traffic accidents and a high rate of adoption of modern braking systems.
The market is driven by the growing interest of customers towards autonomous emergency braking system and rising number of road accidents has boosted the demand. Governments across the world are supporting such safety measures. The market growth is driven by changing customer choices towards fully loaded safety features cars and increasing disposable income. During the forecast period, the passenger car segment is expected to lead the market. Research shows that AEB has reduced the rear-end crashes by 38%. It is expected that by 2030, the autonomous vehicle market will be valued at US$ 60 billion.
Industry Updates:
Automatic Emergency Braking System (AEBS) Market is segmented based on the type, applications, companies and regions.
Market Volume (%) By Type, it is segmented into
Market Volume (%) By Applications it is segmented into
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.
All these factors greatly affect the Automatic Emergency Braking System (AEBS) market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Automatic Emergency Braking System (AEBS) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Automatic Emergency Braking System (AEBS) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
| Report Details |
Forecast Period 2022 to 2027 CAGR (Value and Volume) |
CAGR of 7.0% during the review period (2022 to 2027). |
Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022) |
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Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022) |
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Quantitative units | Revenue in USD million/billion and CAGR from 2022 to 2027 |
By Companies | Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Delphi (Aptiv), Autoliv, WABCO, Mobileye (Intel), Mando Corporation |
Regions Covered |
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Automatic Emergency Braking System (AEBS) Market is studied from 2017 - 2027.
What is the growth rate of Automatic Emergency Braking System (AEBS) Market?
The Automatic Emergency Braking System (AEBS) Market is growing at a CAGR of 7.0% over the next 5 years.
Who are the key players in Automatic Emergency Braking System (AEBS) Market?
Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Delphi (Aptiv), Autoliv, WABCO, Mobileye (Intel), Mando Corporation
What region does this Automatic Emergency Braking System (AEBS) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Automatic Emergency Braking System (AEBS) Market?
Low-speed AEBS, High-speed AEBS, Others
What are the major end-use applications of Automatic Emergency Braking System (AEBS) Market?
Passenger Cars, Commercial Vehicles, Others.
Application_List
SECONDARY RESEARCH
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.
PRIMARY RESEARCH
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.
MARKET ENGINEERING
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.
EXPERT VALIDATION
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.
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