Press release
Global Antilock Braking System (ABS) Market to Reach a Value of About US$ 24100 million by 2025
Qyresearchreports
This report studies the global Antilock Braking System (ABS) market status and forecast, categorizes the global Antilock Braking System (ABS) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa)
Anti-lock braking system (ABS) is an automotive safety system, allowing the wheels to maintain tractive contact with the road surface according to driver inputs while braking, preventing the wheels from locking up (ceasing rotation) and avoiding uncontrolled skidding. In general, anti-lock braking system (ABS) can benefit in two ways: stop faster and be able to steer while you stop.
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There are four main components to an ABS system: speed sensors, pump, valves and controller. Speed sensors, located at each wheel, can provide the information that when a wheel is about to lock up. The valve is in the brake line of each brake controlled by the ABS. When a valve reduces the pressure in a line, the pump is there to get the pressure back up. The controller is a computer in the car, watching the speed sensors and controlling the valves.
Due to the policy promotion and fast developing automotive market, new vehicles assembly rate of ABS is growing faster. Demand from the downstream brings a power to the development of antilock braking system industry. In recent years, growing China market became an important driving force for ABS. Many foreign manufacturers enter into China by investment and joint venture. At present, a few companies occupy most of ABS market. They are Bosch, Continental Teves, TRW, ADVICS and Hyundai Mobis etc.
At present, there are many domestic manufacturers in China. Most of the domestic companies have lower technology and financial ability and they are facing the competition from the foreign companies.
As the development of new energy vehicles, more demands will come from the new energy vehicles. To feed these new demands, antilock braking system manufacturers need to accelerate the technical upgrading of ABS.
The global Antilock Braking System (ABS) market is valued at 18600 million US$ in 2017 and will reach 24100 million US$ by the end of 2025, growing at a CAGR of 3.3% during 2018-2025.
The major manufacturers covered in this report
Bosch
Continental
TRW
ADVICS
Hyundai Mobis
Mando
Wabco
Knorr-Bremse
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
United States
EU
China
Japan
South Korea
India
Get more information from Table of Content: https://www.qyresearchreports.com/report/global-antilock-braking-system-abs-market-research-report-2018.htm/toc
Table of Contents
1 Antilock Braking System (ABS) Market Overview
1.1 Product Overview and Scope of Antilock Braking System (ABS)
1.2 Antilock Braking System (ABS) Segment by Type (Product Category)
1.3 Global Antilock Braking System (ABS) Segment by Application
1.4 Global Antilock Braking System (ABS) Market by Region (2013-2025)
1.5 Global Market Size (Value) of Antilock Braking System (ABS) (2013-2025)
1.5.1 Global Antilock Braking System (ABS) Revenue Status and Outlook (2013-2025)
1.5.2 Global Antilock Braking System (ABS) Capacity, Production Status and Outlook (2013-2025)
2 Global Antilock Braking System (ABS) Market Competition by Manufacturers
2.1 Global Antilock Braking System (ABS) Capacity, Production and Share by Manufacturers (2013-2018)
2.2 Global Antilock Braking System (ABS) Revenue and Share by Manufacturers (2013-2018)
2.3 Global Antilock Braking System (ABS) Average Price by Manufacturers (2013-2018)
2.4 Manufacturers Antilock Braking System (ABS) Manufacturing Base Distribution, Sales Area and Product Type
2.5 Antilock Braking System (ABS) Market Competitive Situation and Trends
List of Tables and Figures
Figure Picture of Antilock Braking System (ABS)
Figure Global Antilock Braking System (ABS) Production () and CAGR (%) Comparison by Types (Product Category) (2013-2025)
Figure Global Antilock Braking System (ABS) Production Market Share by Types (Product Category) in 2017
Figure United States Antilock Braking System (ABS) Revenue (Million USD) and Growth Rate (2013-2025)
Figure EU Antilock Braking System (ABS) Revenue (Million USD) and Growth Rate (2013-2025)
Figure China Antilock Braking System (ABS) Revenue (Million USD) and Growth Rate (2013-2025)
Figure Japan Antilock Braking System (ABS) Revenue (Million USD) and Growth Rate (2013-2025)
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