Press release
Know Insights on Automotive Electronic Braking System Market Size, Analysis, and Forecasts till 2026
Everyday advancement in automobile technology and evolving aerodynamic design has enabled us to utilize engine power efficiently and has helped us achieve greater speeds. Automobile at high speed initiates demand for efficient vehicle stability. Brakes are therefore crucial to control vehicle motion and ensure the safety of goods and passengers. Electronic Braking System (EBS) was introduced for enhanced brake stability and for the reduction in stopping distance. EBS system communicates with other components such as signal transmitter, valves modulators and other components electronically to actuate brakes on the driver’s request. EBS is primarily preferred over other braking systems due to enhanced benefits of simultaneous operation of Antilock braking system (ABS), load sensing system, Anti-Slip Reduction (ASR), and others.
Market Dynamics
Automotive electronic braking system market is progressing towards a strong growth owing to multiple benefits over the conventional systems such as reduction in number of brake system component, predictive braking controls, lower maintenance and enhanced diagnostic of the complete system. The escalating demand for passenger cars and light commercial vehicles is chiefly driving the sales of automotive electronic braking systems. With onset of electric vehicles and hybrid vehicles in emerging markets, demand for efficient braking systems that aid in overall reduction of vehicle weight and improving vehicle efficiency is high. Therefore, the demand for automotive electronic braking systems is anticipated to escalate significantly. However, due to capital intensive nature of equipment, the sales of the automotive electronic braking system technology is restricted.
Request sample:https://www.persistencemarketresearch.com/samples/11746
Market Segmentation
The automotive electronic braking system market can be segmented on the basis of vehicle type, sales channel, and product type.
On the basis of vehicle type the automotive electronic braking system market can be segmented as:
Passenger Cars
Light commercial vehicles
Heavy Commercial vehicles
On the basis of sales channel the automotive electronic braking system market can be segmented as:
OEM
Aftermarket
On the basis of product type the automotive electronic braking system market can also be segment as:
Electronic Stability Control
Adaptive Cruise Control
Anti-lock Braking System
Differential Slip Control
Traction Control System
Regional Outlook
The market can also be segmented on the basis of region including North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and Middle East & Africa. The recovering light commercial vehicle sales and passenger cars in North America is propelling the sales of electronic braking system in the region. Likewise owing to emerging automobile industry in Mexico the demand for electronic braking system is increasing steadily. The modest growth in the production and demand for electric and hybrid vehicles in Western Europe is driving the sales of electronic braking systems in the region. The contribution of Asia Pacific market to the global automotive electronic braking system is highest in terms of both production and demand. India and China are major automotive braking system markets in the region therefore are expected to register double digit growth during the forecast period. The thriving automotive industry of Asia Pacific is expected to create significant opportunities for international and regional players. The evolving electric car market scenario in Japan is expected to create a sustainable demand for automotive electronic braking system and is expected to significantly contribute to the global market. OEM and aftermarket demand for automotive electronic braking systems in GCC Countries in Middle East and Africa is expected to boost the market in the region.
Request TOC:https://www.persistencemarketresearch.com/toc/11746
Key Players
Some of the key players identified in the automotive electronic braking systems market are Robert Bosch GmbH, Knorr Bremse AG, Haldex, ZF TRW, Continental AG, and Advics Group among others.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach.
Contact Us
305 Broadway,7th Floor
New York City, NY 10007
United States
phone -16465687751
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Know Insights on Automotive Electronic Braking System Market Size, Analysis, and Forecasts till 2026 here
News-ID: 1146340 • Views: …
More Releases from Persistence Market Research (PMR)
Virtual Desktop Infrastructure Market Unit Sales to Witness heightened Growth in …
As per findings of a new market research report by Persistence Market Research, the global virtual desktop infrastructure market reached a valuation of nearly US$ 3.5 Bn in 2019, and is anticipated to exhibit a CAGR of around 12% during the forecast period of 2020 to 2030.The adoption of BYOD allows employees to bring their own devices in the organization, which allows then to access company information and applications via virtual desktop infrastructure. With such a BYOD policy, both, employers…
Physician Scheduling Systems Market to Generate Profitable Avenues for Existing …
As per findings of a new market research report by Persistence Market Research, the global physician scheduling system market reached US$ 311 Mn in 2019 and is anticipated to exhibit a healthy CAGR of 14% during the forecast period of 2020 to 2030. Adoption of physician scheduling systems is increasing across the world, as physicians encounter difficulties with increasing administrative tasks and regulations, which affects their ability to offer patient care, and they struggle to sustain their practices. To combat administrative work…
Demand for Rfid Electronic Toll Collection System Market from Major End-use Sect …
Many toll collection systems have already been developed with RFID technology, which is used to verify the identity of vehicles. RFID technology can provide new capabilities as well as an efficient method to manage, analyze, and collect information of vehicles at toll plazas. RFID electronic toll collection lanes reduce the traffic at toll booths. Increasing number of RFID lane systems, resulting in increased demand for integration, support services, and maintenance,…
Smart Home Cloud Platform Market Unit Sales to Witness heightened Growth in the …
In a smart home, appliances such as ACs, TVs, geysers, and lights have the potential to communicate with a cloud server. The cloud server communicates with these smart devices by sending and receiving signals through smartphones, laptops, or voice-enabled digital assistant devices.A homeowner can make his/her existing home smart by integrating cloud-based technology with it. Cloud computing enables homeowners to remotely access their home appliances, even if they are miles…
More Releases for Electronic
Revolutionizing Electronic Warfare: The Power of Cognitive Electronic Warfare Sy …
According to the report published by Allied Market Research, " Cognitive Electronic Warfare System Market by Capability (Electronic Attack, Electronic Protection, Electronic Support, Electronic Intelligence) and by Platform (Naval, Airborne, Land, Space): Global Opportunity Analysis and Industry Forecast, 2023-2032 "Cognitive electronic warfare systems are based on learning action frameworks that use machine learning algorithms and artificial intelligence (AI) to mimic human perception of learning, memory, and judgement. Machine learning, being…
Electronic Cigarettes
Electronic Cigarettes are also known as Vaping, which consist of different type of devices that allow the users to inhale an aerosol that might be nicotine, flavoring and other species. Electronic Cigarettes market is expected to mark significant growth over forecasted period owing to increasing technological advancements, change in lifestyle and consists of various flavours and fragrance. There has been significant rise in number of prevalence of adults using e-cigarettes…
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
This report titled as Electronic Voting Machine Market gives a brief about the comprehensive research and an outline of its growth in the market globally. Electronic voting is voting that uses electronic means to either aid or take care of casting and counting votes. Depending on the particular implementation, e-voting may use standalone electronic voting machines or computers connected to the Internet. It may encompass a range of Internet services,…
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
The Electronic Voting Machine Market requires the prevailing regions in the market during the forecast period. Evidence on the region leading the market are some of the facets that are highlighted under this section of the report. A voting machine is a machine used to register and tabulate votes. The first voting machines were mechanical but it is increasingly more common to use electronic voting machines. Traditionally, a voting machine…
Electronic Wrapper Market Segmented By loading types semi-automatic electronic w …
A Revolutionary Product for the Packaging Industry
The electronic wrapper has been a revolutionizing product in the packaging industry. Electronic wrappers are easy to maintain and comfortable for size changes. The steel built electronic wrappers enable easy access for maintenance and cleaning, thus, gaining a considerable customer base from the packaging industries mainly for food and consumer products. An electronic wrapper is an automated machine, which is programmed to perform a…
Wearable Electronic Devices Market,Wearable Electronic Devices Industry, Global …
Latest industry research report on: Global Wearable Electronic Devices Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
This report studies the global Wearable Electronic Devices market status and forecast, categorizes the global Wearable Electronic Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other…
