Automotive ABS Market - Know about How the Market Witnessed Substantial Growth in Near Future

Market Overview:
The global automotive anti-lock braking system (ABS) market is anticipated to grow at a steady rate and will post a CAGR of close to 9% during the forecast period. The emergence of connected truck technologies will drive the adoption of ABS in commercial vehicles (CVs), which, in turn, will drive the growth prospects for the global automotive ABS market for the next four years. Some of the major factors responsible for the growing acceptance of ABS in the commercial vehicles segment is the increasing focus of fleet operators on fleet safety and the potential reduction in financial losses. Also, the growing number of road accidents have resulted in the introduction and adoption of a large number of technological advancements in the commercial vehicles sector as commonly witnessed in the passenger car segment. Moreover, some of the technological advancements included in the commercial vehicles segment are connected truck technologies, improved version of higher Society of Automotive Engineers (SAE) automation levels, and truck platooning.
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Competitive landscape and key vendors:

The global automotive ABS market is highly competitive and diversified due to the presence of a large number of regional and multinational vendors across the globe. According to the industry research report, it has been anticipated that a large number of vendors are increasingly investing in the development of compact and lightweight ABS systems. Furthermore, several other ABS brake manufacturers are increasingly focusing on widening their geographic presence and strategizing ways to penetrate the automotive anti-lock brakes market in the APAC region.

Market Analysis:

The global Automotive ABS market will reach xxx Million USD in 2018 and CAGR xx% 2018-2023. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Automotive ABS by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc :

One-channel Type
Three-channel Type
Four-channel Type

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Company Coverage (Sales Revenue, Price, Gross Margin, Main Products etc. :

BOSCH
Continental
TRW
ADVICS
MANDO
Nissin Kogyo
Hitachi
WABCO
Knorr
Haldex
BOSCH(China)
Continental(China)
TRW(China)
ADVICS(China)
BWI Group
APG
Dongfeng Electronic
VIE
Zhengchang Electronic
Sivco
Beijing Automotive Research Institute
Kemi
Junen
Wanxiang

Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.

Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles

Region Coverage (Regional Output, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)

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