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Anti-lock Braking System (ABS) Market to Reach $41 Billion, Globally, by 2022

10-22-2018 04:36 PM CET | Energy & Environment

Press release from: Allied Market Research

Anti Lock Braking System Market

Anti Lock Braking System Market

Global Anti lock Braking System (ABS) Market is expected to garner $41 billion by 2022, registering a CAGR of 8.2% during the forecast period 2016-2022. Anti-lock braking system (ABS) is an active safety system for automobiles that helps to avoid accidents and supports the driver to reach the destination safely. ABS allows the wheels of an automobile to maintain traction according to driver’s input while braking to prevent the wheels from locking up and avoid uncontrolled skidding. ABS offers improved vehicle control and decreases stopping distances on various type of surfaces; however, on loose gravel or snow-covered surfaces, ABS can significantly improve vehicle control and maneuverability.

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Growth in demand for safety features, technological advancement, and increase in global safety protocols for vehicle safety drives the ABS market. The development of advanced braking systems for two wheelers, and expansion in untapped market of developing countries like China, India, Indonesia, and Brazil, are expected to boost the market growth. However, high maintenance cost and high safety standard ratings of ABS systems are the limitations that restrict the market growth.

ABS is an automobile safety system consisting of electronic control unit (ECU), sensors, and a hydraulic unit. Typically, there are four speed sensors equipped on the four wheels used to measure acceleration and deceleration of the wheels. ECU is used to monitor the data collected from the wheel sensors and transfer information to the hydraulic unit if in case any tire loses traction from the ground. Hydraulic unit consists of the valves and pumps used to release brake fluid at a desired pressure whenever instructed by the ECU.

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The passenger vehicles industry is projected to maintain its lead due to rise in sales of electric vehicles and new technology advancement in ABS. ABS for the two wheeler industry has witnessed a rise in its sales owing to strict laws, light weight components, low cost, and increase in number of road traffic accidents. The rise in demand of ABS for commercial vehicles in the developed economies of North America further boosted the market growth.

Asia-Pacific accounted for the majority of revenue in 2015, and is expected to maintain its dominance till 2022. This is attributed to the increased adoption of safety features like ABS and ESC in vehicles, rise in sales of two wheelers, and laws and regulations enforced by government regarding installation of ABS in vehicles. North America dominates the market in terms of commercial vehicles production, as majority of commercial vehicles suppliers are located in this region.

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Asia-Pacific is projected to be the fastest growing region, throughout the analysis period. China is expected to be the dominant country in Asia-Pacific, especially in the two wheelers and passenger cars segment. This is a result of growth in rate of sales of two wheelers, increase in road accidents, laws and regulations imposed by the government on mandatory installation of ABS in vehicles, and increase in buying power of consumers in emerging markets such as India, Malaysia, and China to adopt safety features in vehicles. Technological advancements for low cost, light weight, and high-quality ABS in these countries offer a lucrative opportunity for the ABS market growth.

Key players in the ABS market focus to expand their business operations in the emerging countries, with new product launches as a preferred strategy. The major players profiled in this report include Robert Bosch GmbH (Germany), Continental AG (Germany), Autoliv Inc. (Sweden), Nissin Kogyo Co. Ltd. (Japan), WABCO (Belgium), ZF TRW (U.S.), Hyundai Mobis (South Korea), Denso Corporation (Japan), Hitachi Automotive Systems, Ltd. (U.S.), and ADVICS Co., Ltd. (Japan).

LIST OF FIGURES

FIG. 1 WORLD ANTI-LOCK BRAKING SYSTEM (ABS) MARKET, KEY AUDIENCE
FIG. 2 WORLD ANTI-LOCK BRAKING SYSTEM (ABS) MARKET, COMPARATIVE ANALYSIS, 2015 & 2022
FIG. 3 WORLD ANTI-LOCK BRAKING SYSTEM (ABS) MARKET, RESEARCH METHODOLOGY
FIG. 4 TOP IMPACTING FACTOR
FIG. 5 TOP WINNING STRATEGIES IN THE WORLD ANTI-LOCK BRAKING SYSTEM MARKET (20132015)
FIG. 6 TOP WINNING STRATEGIES (%) (20132016)
FIG. 7 TOP INVESTMENT POCKETS
FIG. 8 VALUE CHAIN ANALYSIS OF WORLD ANTI-LOCK BRAKING SYSTEM MARKET
FIG. 9 PORTERS FIVE FORCES ANALYSIS
FIG. 10 MARKET SHARE ANALYSIS, 2015
FIG. 11 LEADING CAUSE OF ACCIDENTAL DEATHS, INDIA, 2013 (%SHARE)
FIG. 12 WORLD ANTI-LOCK BRAKING SYSTEM MARKET SHARE, BY SUB-SYSTEMS, 2014 & 2022 (%SHARE)
FIG. 13 WORLD ABS SENSORS MARKET ANALYSIS, 2015 ($MILLION)
FIG. 14 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD ABS SENSORS MARKET, 2014 & 2022 (% SHARE)
FIG. 15 WORLD ABS SENSORS MARKET, REVENUE, BY REGION, 2015-2022 ($MILLION)
FIG. 16 WORLD ABS SENSORS MARKET, SHARE ANALYSIS, BY REGION, 2015-2022 (%)
FIG. 17 WORLD ABS ELECTRONIC CONTROL UNIT (ECU) MARKET ANALYSIS, 2015 ($MILLION)
FIG. 18 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD ABS ELECTRONIC CONTROL UNIT (ECU) MARKET, 2014 & 2022 (% SHARE)
FIG. 19 WORLD ABS ELECTRONIC CONTROL UNIT (ECU) MARKET, REVENUE, BY REGION, 2015-2022 ($MILLION)
FIG. 20 WORLD ABS ELECTRONIC CONTROL UNIT (ECU) MARKET, SHARE ANALYSIS, BY REGION, 2015-2022 (%)
FIG. 21 WORLD ABS HYDRAULIC UNIT MARKET ANALYSIS, 2015 ($MILLION)
FIG. 22 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD ABS HYDRAULIC UNIT MARKET, 2014 & 2022 (% SHARE)
FIG. 23 WORLD ABS HYDRAULIC UNIT MARKET, REVENUE, BY REGION, 2015-2022 ($MILLION)
FIG. 24 WORLD ABS HYDRAULIC UNIT MARKET, SHARE ANALYSIS, BY REGION, 2015-2022 (%)
FIG. 25 WORLD ANTI-LOCK BRAKING SYSTEM MARKET SHARE, BY VEHICLE TYPE, 2014 & 2022 (%SHARE)
FIG. 26 WORLD TWO WHEELER ABS MARKET ANALYSIS, 2015 ($MILLION)
FIG. 27 WORLD TWO WHEELERS ABS MARKET, COMPARATIVE REGIONAL MARKET SHARE ANALYSIS, 2014 & 2022 (%)
FIG. 28 WORLD TWO WHEELERS ABS MARKET REVENUE, BY REGION, 2014-2022 ($MILLION)
FIG. 29 WORLD TWO WHEELERS ABS MARKET, SHARE ANALYSIS, BY REGION, 2014-2022 (%)
FIG. 30 WORLD PASSANGER CARS ABS MARKET ANALYSIS, 2015 ($MILLION)
FIG. 31 WORLD PASSENGER CARS ABS MARKET, COMPARATIVE REGIONAL MARKET SHARE ANALYSIS, 2014 & 2022 (%)
FIG. 32 WORLD PASSENGER CARS ABS MARKET REVENUE, BY REGION, 2014-2022 ($MILLION)
FIG. 33 WORLD PASSANGER CARS ABS MARKET, SHARE ANALYSIS, BY REGION, 2014-2022 (%)
FIG. 34 WORLD COMMERCIAL VEHICLE ABS MARKET ANALYSIS, 2015 ($MILLION)
FIG. 35 WORLD COMMERCIAL VEHICLE ABS MARKET, COMPARATIVE REGIONAL MARKET SHARE ANALYSIS, 2014 & 2022 (%)
FIG. 36 WORLD COMMERCIAL VEHICLE ABS MARKET REVENUE, BY REGION, 2014-2022 ($MILLION)
FIG. 37 WORLD COMMERCIAL VEHICLE ABS MARKET, SHARE ANALYSIS, BY REGION, 2014-2022 (%)
FIG. 38 WORLD ANTI-LOCK BRAKING SYSTEM MARKET SHARE BY REGION, 2014 & 2022 (% SHARE)
FIG. 39 NORTH AMERICA: WORLD ANTI-LOCK BRAKING SYSTEM MARKET ANALYSIS, 2015 ($MILLION)
FIG. 40 NORTH AMERICA: ANTI-LOCK BRAKING SYSTEM MARKET SHARE, BY COUNTRY, 2014 (%)
FIG. 41 NORTH AMERICA: ANTI-LOCK BRAKING SYSTEM MARKET SHARE BY SUB-SYSTEMS, 2014 & 2022 (% SHARE)
FIG. 42 NORTH AMERICA: ANTI-LOCK BRAKING SYSTEM MARKET SHARE BY VEHICLE TYPE, 2014 & 2022 (% SHARE)
FIG. 43 NORTH AMERICA: ANTI-LOCK BRAKING SYSTEM MARKET, 20142022 ($MILLION)
FIG. 44 NORTH AMERICA: ANTI-LOCK BRAKING SYSTEM MARKET, BY SUB-SYSTEMS, 20142022 (%)
FIG. 45 NORTH AMERICA: ANTI-LOCK BRAKING SYSTEM MARKET, BY VEHICLE TYPE, 20142022 (%)
FIG. 46 U.S. ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 47 CANADA ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 48 MEXICO ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 49 EUROPE: WORLD ANTI-LOCK BRAKING SYSTEM MARKET ANALYSIS, 2015 ($MILLION)
FIG. 50 EUROPE: ANTI-LOCK BRAKING SYSTEM MARKET SHARE, BY COUNTRY, 2014(%)
FIG. 51 EUROPE ANTI-LOCK BRAKING SYSTEM MARKET SHARE BY SUB-SYSTEMSS, 2014 & 2022 (% SHARE)
FIG. 52 EUROPE ANTI-LOCK BRAKING SYSTEM MARKET SHARE BY VEHICLE TYPE, 2014 & 2022 (% SHARE)
FIG. 53 EUROPE: ANTI-LOCK BRAKING SYSTEM MARKET, 20142022 ($MILLION)
FIG. 54 EUROPE: ANTI-LOCK BRAKING SYSTEM MARKET, BY SUB-SYSTEMSS, 20142022 (%)
FIG. 55 EUROPE: ANTI-LOCK BRAKING SYSTEM MARKET, BY VEHICLE TYPE, 20142022 (%)
FIG. 56 GERMANY ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 57 ITALY ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 58 FRANCE ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 59 UK ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 60 REST OF EUROPE ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 61 ASIA-PACIFIC: WORLD ANTI-LOCK BRAKING SYSTEM MARKET ANALYSIS, 2015 ($MILLION)
FIG. 62 ASIA-PACIFIC: ANTI-LOCK BRAKING SYSTEM MARKET SHARE, BY COUNTRY, 2014(%)
FIG. 63 ASIA-PACIFIC ANTI-LOCK BRAKING SYSTEM MARKET SHARE BY SUB-SYSTEMSS, 2014 & 2022 (% SHARE)
FIG. 64 ASIA-PACIFIC ANTI-LOCK BRAKING SYSTEM MARKET SHARE BY VEHICLE TYPE, 2014 & 2022 (% SHARE)
FIG. 65 ASIA-PACIFIC: ANTI-LOCK BRAKING SYSTEM MARKET, 20142022 ($MILLION)
FIG. 66 ASIA-PACIFIC: ANTI-LOCK BRAKING SYSTEM MARKET, BY SUB-SYSTEMS, 20142022 (%)
FIG. 67 ASIA-PACIFIC: ANTI-LOCK BRAKING SYSTEM MARKET, BY VEHICLE TYPE, 20142022 (%)
FIG. 68 CHINA ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 69 JAPAN ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 70 INDIA ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 71 AUSTRALIA ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 72 REST OF ASIA-PACIFIC ANTI-LOCK BRAKING SYSTEM MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 73 LAMEA: WORLD ANTI-LOCK BRAKING SYSTEM MARKET ANALYSIS, 2015 ($MILLION)
FIG. 74 LAMEA: ANTI-LOCK BRAKING SYSTEM MARKET SHARE, BY COUNTRY, 2015(%)
FIG. 75 LAMEA ANTI-LOCK BRAKING SYSTEM MARKET SHARE BY SUB-SYSTEMS, 2014 & 2022 (% SHARE)
FIG. 76 LAMEA ANTI-LOCK BRAKING SYSTEM MARKET SHARE BY VEHICLE TYPE, 2014 & 2022 (% SHARE)
FIG. 77 LAMEA: ANTI-LOCK BRAKING SYSTEM MARKET, 20142022 ($MILLION)
FIG. 78 LAMEA: ANTI-LOCK BRAKING SYSTEM MARKET, BY SUB-SYSTEMS, 20142022 (%)
FIG. 79 LAMEA: ANTI-LOCK BRAKING SYSTEM MARKET, BY VEHICLE TYPE, 20142022 (%)
FIG. 80 LATIN AMERICA ANTI-LOCK BRAKING SYSTEM TECHNOLOGY MARKET, REVENUE, 2014-2022 ($MILLION)
FIG. 81 MIDDLE EAST ANTI-LOCK BRAKING SYSTEM TECHNOLOGY MARKET, REVENUE, 2015-2022 ($MILLION)
FIG. 82 AFRICA ANTI-LOCK BRAKING SYSTEM MARKET, REVENUE, 2015-2022 ($MILLION)
FIG. 83 BOSCH: REVENUE 2013-2015 ($MILLION)
FIG. 84 BOSCH: REVENUE BY BUSINESS SEGMENT, 2015 (%)
FIG. 85 BOSCH: REVENUE BY REGION, 2015 (%)
FIG. 86 CONTINENTAL AG: REVENUE 2013-2015 ($MILLION)
FIG. 87 CONTINENTAL AG: REVENUE BY BUSINESS SEGMENT, 2015 (%)
FIG. 88 CONTINENTAL AG: REVENUE BY REGION, 2015 (%)
FIG. 89 AUTOLIV: REVENUE 2013-2015 ($MILLION)
FIG. 90 AUTOLIV: REVENUE BY BUSINESS SEGMENT, 2015 (%)
FIG. 91 AUTOLIV: REVENUE BY REGION, 2015 (%)
FIG. 92 NISSIN KOGYO: REVENUE 2013-2015 ($MILLION)
FIG. 93 NISSIN KOGYO: REVENUE BY REGION, 2015 (%)
FIG. 94 WABCO: REVENUE 2013-2015 ($MILLION)
FIG. 95 WABCO: REVENUE BY REGION, 2015 (%)
FIG. 96 HYUNDAI MOBIS CO., LTD: REVENUE, 20132015 ($MILLION)
FIG. 97 DENSO CORPORATION: REVENUE 2013-2015 ($MILLION)
FIG. 98 DENSO CORPORATION: REVENUE BY BUSINESS SEGMENT, 2015 (%)
FIG. 99 DENSO CORPORATION: REVENUE BY REGION, 2015 (%)
FIG. 100 HITACHI: REVENUE 2013-2015 ($MILLION)
FIG. 101 HITACHI: REVENUE BY BUSINESS SEGMENT, 2015 (%)
FIG. 102 HITACHI: REVENUE BY REGION, 2015 (%)

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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