Automatic Emergency Braking Market Huge Growth with Key Players are Autoliv, Bosch, Mobileye, Continental, ZF-TRW

Market Overview:-

Automatic Emergency Braking Market is anticipated to grow at 29% CAGR by 2024. Growing awareness regarding pedestrian and passenger safety is driving the industry growth. Avoidance of tailgating, increasing consumer awareness, and extensive R&D activities carried out by OEMs will further escalate the industry growth. Various major automotive players have started incorporating basic AEB systems as standard option for mass market models. Moreover, the regulatory bodies are striving to incorporate novel technologies to vehicles to increase overall safety.

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AEB market adoption depends upon the nature of the road conditions. Real-time up-to-date information is a critical element of the system, which includes information about dynamic road conditions, intended action of other vehicles, and environmental or road infrastructure. The economic factors associated with the AEB market growth include decreasing the severity of accidents, which reduces the vehicle damage and reduces insurance claims. Moreover, insurance companies are also lowering their premiums.

Top Key Players:-

The key players of global Automatic Emergency Braking Market are Bosch, Autoliv, Mobileye, Continental, and ZF-TRW.

Regional Segmentations:-

Europe and Middle East & Africa is anticipated to dominate the automatic emergency braking (AEB) market. This growth can be attributed to the presence of major players and early adoption of these systems in developed countries such as UK and Germany.

The APAC automatic emergency braking market will show future growth prospects during the forecast period owing to the rising infrastructure development required for installation. Growing infrastructure and highway development are likely to present considerable growth opportunity for the application of these technologies in inter-city and city traffic.

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Major Points of Table Of Content:-

3. Automatic Emergency Braking Industry Insights

3.1. Industry segmentation
3.2. Industry size and forecast, 2014 – 2024 (USD Million) (Million Units)
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distribution channel analysis
3.4. Technology & innovation landscape
3.4.1. Sensor fusion technology
3.4.2. Stereo video camera
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. EU
3.5.3. China
3.6. Vehicles sales statistics
3.6.1. U.S.
3.6.2. Canada
3.6.3. Germany
3.6.4. UK
3.6.5. China
3.6.6. Japan
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Increasing consumer awareness regarding safety
3.7.1.2. OEMs to offer AEB as a standard option
3.7.1.3. Encouragement of safety technologies by new car assessment programme (NCAP)
3.7.2. Industry pitfalls & challenges
3.7.2.1. High costs associated with AEB
3.7.2.2. Lack of infrastructure
3.8. Growth potential analysis
3.9. Porter's analysis
3.10. Competitive landscape, 2015
3.10.1. Strategy dashboard
3.10.1.1. Joint ventures
3.10.1.2. New product development
3.11. PESTEL analysis

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Emergence of automatic driverless cars will bring various opportunities for this market. The implementation of these systems in an automatic driverless car is necessary. Commercialization of such vehicles will induce enormous potential to automatic emergency braking system market. Manufacturers generally prefer designing and testing of these systems instead of outsourcing from suppliers to deliver more innovative lasers, sensors, and cameras. Established players in automobile industry are adopting aggressive strategies such as mergers, acquisitions, and alliances to gain competitive edge in automatic emergency braking (AEB) market. For instance, in February 2016, Luxoft Holding, Inc announced a strategic acquisition of Symtavision Gmbh for architecture optimization, timing verification, and scheduling analysis.

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