openPR Logo
Press release

Automotive ABS and ESC Market Share will take a Big Hit in the Coming Years According to New Research Report

11-22-2018 02:51 PM CET | Industry, Real Estate & Construction

Press release from: Future Market Insights

Automotive ABS and ESC Market Share will take a Big Hit in

A recent research report delivered by Future Market Insights (FMI) has projected the global market for automotive ABS and ESC to exhibit an undulating expansion over the forecast period, 2017 to 2022. Global sales of automotive ABS and ESC has been estimated to surpass US$ 100,000 Mn in revenues by 2022-end.

The automotive industry is currently being propelled by hi-tech innovation, being more inclined toward adoption of advanced technologies for reducing crashes and mitigating impact of accidents on passengers. Automotive safety systems, such as ABS and ESC, are therefore gaining immense traction among consumers across the globe. Leading manufacturers of ABS and ESC systems are adopting strategic approaches such as mergers & acquisitions and new product launches, with an aim of expanding their product line and maintaining their instrumental position in the market.

Get Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5292

Europe and North America – Most Lucrative Markets for Automotive ABS and ESC

In regions such as Europe and North America, automotive ABS and ESC systems have a high penetration rate and are well established. In terms of revenues, Europe and North America will continue to be the most lucrative market for automotive ABS and ESC. The market in North America is projected to register the highest CAGR through 2022.

Asia-Pacific excluding Japan (APEJ) is also expected to be a major lucrative market for automotive ABS and ESC, with revenues estimated to exceed US$ 25,000 Mn in revenues by 2022-end. Growth of the automotive ABS and ESC market in APEJ can be highly attributed to increasing consumer preferences for better safety systems in vehicles, along with the introduction of legislation & policy framework that mandates integration of safety equipment in vehicles.

OEMs to Account for Over 90% Revenue Share of Global Automotive ABS and ESC Market during 2017 to 2022

Automotive braking systems with improved vehicle safety and requirement of minimum maintenance, such as the ABS and ESC, introduced by OEMs have created the breakthrough developments in the market. OEMs will account for over 90% revenue share of the automotive ABS and ESC market during 2017 to 2022.

Whether in light of outlaw status of ABS and ESC, or street market liability concerns in most of the vehicles, aftermarket has failed so far in developing even a basic ABS or ESC system. However, sales of ABS and ESC systems in aftermarket are projected to register an above-average expansion through 2022, although estimated to account for a very low revenue share of the market over the forecast period.

Compact Vehicles to Account for Nearly One-Third Market Revenue Share throughout the Forecast Period

Sales of automotive ABS and ESC are forecast to register the fastest expansion in compact vehicles, followed by light commercial vehicles and heavy commercial vehicles. Nearly one third revenue share of the market is projected to be accounted by automotive ABS and ESC sales in compact vehicles throughout the forecast period. In addition, sales of automotive ABS and ESC in mid-sized vehicles are also projected to record a robust expansion through 2022.

ESC technology in the global automotive ABS and ESC market will remain preferred among consumers. Revenues from sales of ESC technology in vehicles are forecast to account for nearly one-fourth share of the market in 2017. Demand for ESC technology will further witness an upsurge over the forecast period. The largest revenue share of the market has been anticipated to be accounted by three channel ABS technology, with sales poised to expand at approximately 10% CAGR through 2022. Sales of four channel ABS technology will continue to witness a relatively slower expansion than three channel ABS and ESC technology segments through 2022.

Customized Research Report As per your Requirements @ https://www.futuremarketinsights.com/customization-available/rep-gb-5292

ABOUT US:

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

CONTACT:

Future Market Insights
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com

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 Automotive ABS and ESC Market Share will take a Big Hit in the Coming Years According to New Research Report here

News-ID: 1392767 • Views: 116

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for ESC

Current Market Scenario of Automotive ABS and ESC Market: QY Research New Report
The report presents key information and data related to the global Automotive ABS and ESC market in a meticulous and easily understandable manner. It provides accurate market figures and forecasts that have been calculated with the use of advanced primary and secondary research techniques. It includes deep segmental analysis of the global Automotive ABS and ESC market where the main focus is on segments by product and application. It also offers a
Automotive ABS and ESC Market 2018-2025 - STMicroelectronics, Fujitsu Ten Ltd., …
MarketResearchReports.Biz adds “Global Automotive ABS and ESC Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Automotive ABS and ESC market and the growth estimates for the forecasted period. The Automotive ABS and ESC Market has been comprehensively detailed in the report with special focus on a range of key elements such as market share, forecast and base figures,
Automotive ABS and ESC Market Calcualte Growth of 11.0% CAGR through 2022
A recent research report delivered by Future Market Insights (FMI) has projected the global market for automotive ABS and ESC to exhibit an undulating expansion over the forecast period, 2017 to 2022. Global sales of automotive ABS and ESC has been estimated to surpass US$ 100,000 Mn in revenues by 2022-end. The automotive industry is currently being propelled by hi-tech innovation, being more inclined toward adoption of advanced technologies for
Global Automotive ABS and ESC Market 2018 - Hitachi, ADVICS, MANDO, Nissin Kogyo …
Apex Market Reports, recently published a detailed market research study focused on the “Automotive ABS and ESC Market” across the global, regional and country level. The report provides 360° analysis of “Automotive ABS and ESC Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend
Worldwide Automotive ABS and ESC Market: Europe Expected to Lead in Terms of Rev …
The overall assessment of the global automotive ABS and ESC market has been reviewed accurately for the period of forecast from 2017 to 2022. The study titled “Global Automotive ABS and ESC Market” has recently been covered by Market Research Reports Search Engine (MRRSE)’s extensive research database. The report showcase important aspects fueling the growth the automotive ABS and ESC market, major trends and growth shaping the market force and
Automotive Electronic Stability Control (ESC) Market by Type & Forecast during 2 …
Automotive Electronic Stability Control (ESC) Market: Overview Automotive Electronic stability control is a vital aspect of the safety system. These safety system are meant to sense the condition of vehicle and prevent the vehicle from accidents or minimize the effect of it. Automotive Electronic stability control are used to control the vehicle from skidding or losing control and reduce the danger of accidents. This system is used to allow the vehicle