Press release
Automotive ESP Market to Witness Robust Expansion by 2023
Electronic stability control (ESC), also referred to as electronic stability program (ESP) or dynamic stability control (DSC), is a computerized technology that improves a vehicle's stability by detecting and reducing loss of traction (skidding). When ESC detects loss of steering control, it automatically applies the brakes to help "steer" the vehicle where the driver intends to go. Braking is automatically applied to wheels individually, such as the outer front wheel to counter oversteer or the inner rear wheel to counter understeer. Some ESC systems also reduce engine power until control is regained. ESC does not improve a vehicle's cornering performance; instead, it helps to minimize the loss of control.
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Global Automotive ESP Market: Forecast by Type / Application / Region
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Automotive ESP market analysis is provided for the China markets including development trends, competitive landscape analysis, and key regions development status.
Development policies and plans are discussed as well as manufacturing processes and Bill of Materials cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
The report focuses on China major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Automotive ESP industry development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.
Over the next five years, LPI(LP Information) projects that Automotive ESP will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Global Automotive ESP Market: Key Players
Continental
Denso
Aisin
ZF
Delphi
Hitachi
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Related Information:
United States Automotive ESP Market Research Report 2018
Europe Automotive ESP Market Research Report 2018
North America Automotive ESP Market Research Report 2018
Asia-Pacific Automotive ESP Market Research Report 2018
China Automotive ESP Market Research Report 2018
EMEA Automotive ESP Market Research Report 2018
Global Automotive ESP Market Research Report 2018
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Electronic stability control (ESC), also referred to as electronic stability program (ESP) or dynamic stability control (DSC), is a computerized technology that improves a vehicle's stability by detecting and reducing loss of traction (skidding). When ESC detects loss of steering control, it automatically applies the brakes to help "steer" the vehicle where the driver intends to go. Braking is automatically applied to wheels individually, such as the outer front wheel…
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