Press release
New Study on Antilock Braking System (ABS) Market Analysis Report by Regions and Top Manufacturers - Bosch, Continental, TRW, ADVICS, Hyundai Mobis | foreseen till 2022
Antilock Braking System (ABS) Market
This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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The Anti-lock braking system (ABS) is a safety system for automobiles which is intended to keep the wheel rotating and to prevent the skidding of the vehicle. Mechanical anti-lock systems were developed originally in the late 1920s for use in aircrafts. This mechanical systems witness was used at limited instances in vehicles at that time, but never found widespread usage, owing to its unreliability and high price tag.
Anti-lock braking systems are now a standard feature in most of the vehicles and it offers expanded functions as well. Anti-lock braking systems are already mandatory in the developed regions of North America and Europe, while the stringent legislations and safety norms in the developing countries are set to rapidly generate demand for these systems, thereby creating high growth opportunities for the anti-lock braking systems market.
Safety measures both on the demand and supply side are anticipated to drive the Global ABS market in near future With High CAGR value. Automobile manufacturers all around the world are focused on installing vehicle safety systems such as ABS, Electric Stability Control (ESC), chassis control, and driver assistance systems due to stringent safety laws and protocols mandated by various regulatory authorities of different countries.
Key Players:
1 Bosch
2 Continental
3 TRW
4 ADVICS
5 Hyundai Mobis
6 Mando
7 Wabco and more...
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The increased rate of road accidents and global safety protocols drive the market growth of ABS in two wheelers. Two wheelers contribute in the maximum number of road traffic accidents globally, so government enforces laws and regulations regarding the usage of safety systems like ABS and ESC in vehicles. Also, the number of two wheelers increases at a notable rate by 2022.
Globally the leading players in the ABS market focus to expand their business operations in the emerging countries. The companies operating in the market have consistently introduced innovative solutions to improve their product portfolio.
Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Table of Content:
1 Antilock Braking System (ABS) Product Definition
2 Global Antilock Braking System (ABS) Manufacturer Share and Market Overview
3 Manufacturer Antilock Braking System (ABS) Business Introduction
4 Global Antilock Braking System (ABS) Market Segmentation (Region Level)
5 Global Antilock Braking System (ABS) Market Segmentation (Product Type Level)
6 Global Antilock Braking System (ABS) Market Segmentation (Industry Level)
7 Global Antilock Braking System (ABS) Market Segmentation (Channel Level)
8 Antilock Braking System (ABS) Market Forecast 2018-2022
9 Antilock Braking System (ABS) Segmentation Product Type
10 Antilock Braking System (ABS) Segmentation Industry
11 Antilock Braking System (ABS) Cost of Production Analysis
12 Conclusion
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