Autonomous Emergency Braking System Market 2018 Key Country Analysis: Global Top Companies Continental, Denso, Bosch, Valeo, Hyundai, Autoliv, ZF Friedrichshafen, Hitachi, Mando, and Aisin Seiki

Autonomous Emergency Braking System Market 2018 – Global forecast to 2023, research report published by "Market Research Future", Autonomous Emergency Braking System Market shows rapid growth for the forecast period of 2018 to 2023. Global Autonomous Emergency Braking System Market is segmented by Technology (Forward Collision Warning, Dynamic Brake Support and Crash Imminent Braking), By System (Low speed system, Higher speed system and Pedestrian system), by Vehicle Type (Passenger Vehicles and Commercial Vehicles) and By Region.

Automotive Terminal Market Key Players Analyzed In This Report Are:

Continental AG (Germany), Denso Corporation (Japan), Robert Bosch (Germany), Valeo (France), Hyundai Mobis (South Korea), Autoliv Inc (Sweden), ZF Friedrichshafen (German), Hitachi Automotive Systems (Japan), Mando Corporation (South Korea), Aisin Seiki Co (Japan) and others.

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Market Highlights

The Global Autonomous Emergency Braking System Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The global market of Autonomous Emergency Braking System will grow at a rapid pace over the forecast period. The market is forecasted to witness slow but steady growth by 2023, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2023). 

Over the last couple of years, the automotive industry has undergone various technological advancements in passenger and commercial vehicles, and the global market has acknowledged these advancements while adopting these vehicles. Autonomous emergency braking system is one of the recent technologies developed by the automotive companies and has gained much attention. The technology involved in autonomous emergency braking system is an active safety system, particularly designed to avoid vehicle crash and collision. It is a feature that alerts the driver to a sudden crash and helps them use the maximum braking capacity of the vehicle. Considering vehicle safety, several manufacturers have implemented this technology to avoid such circumstances.

Owing to this technology, there has been a rise in the adoption of autonomous emergency braking system embedded vehicles, among a larger population. Additionally, the rising safety concerns, government initiatives, and the rising number of accidents, have augmented the market for autonomous emergency braking system. On the other hand, the higher cost of autonomous emergency braking system technology, and low spending capacity in underdeveloped economies, are considered to be the restraining factors. A recent trend in this market is the rise in sales of luxury vehicles. The global autonomous emergency braking system market is expected to grow at a CAGR of ~13.55% during forecast period.

The automotive industry requires significant initial investment, in general. Such high technological and capital requirements create certain barriers for the smaller players in the market to even exist. Availability of sophisticated technologies in regions such as North America and Europe has propelled the demand of the Autonomous Emergency Braking System, across their countries and territories. Existence of major manufacturers in these regions along with their partnerships with the small local players, over the years, has deepened the scope of the market in these regions. Although, of late, there has been a significant influx of technology in the Asia-Pacific region, the lack of major market players and underdeveloped automotive infrastructure has resulted in alienating certain geographies, particularly the African and Middle East region.

These developing regions remain an untapped market for the Autonomous Emergency Braking System and market players alike. With their developing economies and domestic income, there is a huge potential for the market, in these regions. The sheer volume of the untapped customer base in these regions is a factor that acts as a major restraint for the market growth. Thus, the lack of the presence of any major market players and initiatives in these regions is expected to act as a major hurdle for the global market.

Market Research Analysis

For the purpose of this study, the global autonomous emergency braking system market has been divided on the basis of technology, system, vehicle type and region. On the basis of technology, the market has been segmented as forward collision warning, dynamic brake support, and crash imminent braking. Forward collision warning has accounted for the highest market share in 2016, followed by dynamic brake support. On the basis of system, the market has been segmented as low speed system, higher speed system and pedestrian system. By vehicle types, it has been segmented as passenger vehicles and commercial vehicles. However, passenger vehicles had commanded the highest market share in 2016, followed by commercial vehicles.

Geographically, the global autonomous emergency braking system market has been divided into four major regions, and they are North America, Europe, Asia Pacific and Rest of the World. Europe have accounted for the largest market share, in 2016, followed by North America and Asia Pacific. In Europe, there has been a rise in the sales of luxury vehicles, which has augmented the demand for autonomous emergency braking system. Germany, UK and France are the leading countries in Europe, which have fueled the growth of the market. North America and Asia Pacific are the second and third leading regions in terms of revenue.

The report for Global Autonomous Emergency Braking System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Scope of the Report

This study provides an overview of the global Autonomous Emergency Braking System market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific, and Rest of the World.

Major Table Of Content:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continued...

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