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At CAGR of 14.5%, Automatic Emergency Braking Market 2018 By Top Manufacturer Autoliv, Delphi, Magna International, ZF Group, Tesla, AUDI AG, Mercedes-Benz USA, Volvo Cars, Siemens, BMW Group, Ford Motor Company, General Motors, Groupe PSA

01-19-2019 10:38 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Automotive Industry

Automatic Emergency Braking

Automatic Emergency Braking

Asia Pacific automatic emergency braking market is expected to observe a considerable growth rate over the projected timeframe. This growth is attributed to the increasing passenger vehicle sales across the region. Automobile manufacturers are increasing production significantly to meet the consumer demand. Asian countries are supporting the fitment of AEB in vehicles by providing logistical, financial and operational support for testing of automated vehicles.

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ICE showcased a significant growth rate of around 17% owing to multiple benefits offered by this system including superior stability and drivability. The engines offer high power to weight ratio and thermal efficiency. Vast expansion of fuel retail infrastructure is influencing conventional automobiles demand. Moreover, low cost of ownership will propel automatic emergency braking market growth over forecast period.

Disc brake accounted for over 65% volume share in 2017. This can be attributed to the increasing usage of these brakes in higher end and luxury vehicles over the forecast period. The benefits offered by the disc bakes including improved heat circulation and transfer due to friction and self-adjusting capabilities further strengthening the automatic emergency braking industry share till 2024.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Autoliv
2. Bosch
3. Continental
4. Delphi
5. Magna International
6. Mobileye
7. ZF Group
8. Tesla
9. Audi
10. Mercedes-Benz USA
11. Volvo Group
12. Volkswagen
13. Siemens
14. Mitsubishi Motors
15. BMW
16. Ford Motor Company
17. General Motors
18. Hyundai Motor Company
19. Toyota Motor Corporation
20. Honda Motor Company
21. Groupe PSA

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/1171

Crash imminent braking technologies will grow significantly over the projected timeframe. Growing adoption of crash avoidance technologies for detecting impending forward crash with other vehicles will enhance the market. The system alerts the drivers and takes corrective action to avoid and reduce crash severity. The system lowers wear and tear caused due to friction-based braking components and reduces energy consumption significantly, positively influencing the automatic emergency braking market till 2024.

Rising automotive manufacturing capacities in the U.S., China, and Japan are accelerating the automatic emergency braking market place over the forecast period. Increasing adoption of passenger cars with improved technology for better passenger safety is a major factor fueling the business growth till 2024.

Increasing regional vehicle safety organizations will accelerate the automatic emergency braking market growth. For instance, vehicle crash safety regulatory organizations including the Global New Car Assessment Programme (Global NCAP) are involving automobile manufacturers to promote safer cars. The organization has laid minimum crash test standards and encourages automakers to make voluntary commitment to ensure the vehicles exceeds the laid standards. NCAP has established itself in multiple nations including China, Korea and Australia for ensuring adherence with the standards.

Browse Report Summery @ https://www.gminsights.com/industry-analysis/automatic-emergency-braking-AEB-Market

Major players in the automatic emergency braking market place include Magna International Inc., Autoliv Inc., Bosch Group, Continental AG, Delphi Technologies, Mobileye, and ZF TRW Automotive Inc. Industry participants are emphasizing on development and manufacturing products with advanced technology. For instance, In August 2017, Bosch launched an innovative AEB system with cyclist detection technology. This system has the capability to react in 190 milliseconds and can bring a car to a complete halt with speeds up to 40 kmph.

Related Report –

Global ADAS Market Size to exceed $67bn by 2024

Advanced Driver Assistance Systems (ADAS) Market size is estimated to exceed USD 67 billion by 2024; according to a new research report by Global Market Insights, Inc. The ADAS Market is driven by reduced visibility at night and steep turns, growing mobile phones usage during driving, user misjudgment due user fatigue results in significant loss of human life and property damages. According to global status report on road safety by World Health Organization (WHO), around 1.3 million people are faced with fatal accidents, accounting for the world’s third largest contributor to human fatalities. This in turn is expected to drive the urgency for deployment of advanced driver assistance systems through the forecast timeframe.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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