Anti-lock Braking System Market is Expected to Reach $41 Billion, By Leading Industry Players Robert Bosch GmbH (Germany), Continental AG (Germany), Autoliv Inc. (Sweden), Nissin Kogyo Co. Ltd. (Japan), WABCO (Belgium), ZF TRW (U.S.), Hyundai Mobis (South

BS holds significant potential as it plays a vital role in the safety of vehicles thus, making it more safe and comfortable. Anti-lock braking system has witnessed a steep growth in passenger cars and commercial vehicles segment due to stringent vehicle safety standards followed by various transport authorities globally. The U.S. and the European Union have made it mandatory for all passenger cars, light commercial vehicles and certain types of two wheelers to come equipped with ABS as standard safety feature. The two wheelers market of ABS is expected to increase rapidly in the coming years.

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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.

The global ABS market observes growth primarily due to safety measures both on the demand and supply side. 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.

The global ABS market is segmented on the basis of sub-systems, vehicle type, and geography. Based on sub-systems, it is divided into sensors, electronics control unit (ECU), and hydraulic unit. The market by vehicle type comprises two wheelers, passenger cars and commercial vehicles. Passenger cars are anticipated to account for the largest market share, as it is the largest adapter of vehicle safety system due to stringent safety laws and increase in safety concern of consumers. The market is analyzed on the basis of regions such as North America, Europe, Asia-Pacific, and LAMEA.

Passenger cars comprise of vehicles such as sedans, hatchback, sports utility vehicles (SUV), Multi utility vehicles (MUV), and electric cars (BEC, PEV, and BHEV). The global automotive industry exhibited sales of approximately 66 million passenger cars in 2015. Passenger cars consume the major share of overall vehicle sales and undergo strict safety tests and regulations.

Currently, product launch strategy drives the market, accounted for around 48% of total strategies adopted by key players. Leading ABS manufacturer such as Continental AG and Bosch expand their business by launching advance ABS, which can be combined with ESC or ADAS.

Increase in 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 and is expected to reach 160 million units by 2021.

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The Asia-Pacific region includes China, Japan, India, Australia, and rest of Asia-Pacific. It offers lucrative opportunities in the ABS market, and is anticipated to be the fastest-growing market over the study period. The growth of the market in the region is supplemented by the increase in road safety rules by government such as launching vehicle with ABS. For instance, as per Indian government rules, airbag and ABS are compulsory and hence would be a standard feature in passenger cars from October 2018. Moreover, ABS will be mandatory for two wheelers with more than 125cc engine.

The leading market 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 enhance their product portfolio. Product development and partnerships are observed as the two prominent growth strategies adopted by the key market players. The major players profiled in this report include Robert Bosch GmbH, Continental AG, Autoliv Inc., Nissin Kogyo Co., Ltd., WABCO, ZF TRW, Hyundai Mobis, Denso Corporation, Hitachi Automotive Systems, Ltd., and ADVICS Co., Ltd.

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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