Press release
What’s driving the automatic emergency braking market trends? Audi, Autoliv, BMW, Continental, Delphi, Ford, General Motors, Mercedes Benz, Mitsubishi, Siemens
Automatic Emergency Braking Market
Global Market Insights, Inc. provides a detailed overview of automatic emergency braking industry with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.
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Industry participants are involved in maximizing system performance output by increasing the overall production and manufacturing efficiency. Introduction of advanced manufacturing techniques including lean manufacturing and rapid prototyping are positively influencing the automatic emergency braking market growth. The incorporation of AEB systems in vehicles require appropriate optimization of hardware and software. Mass production of these components is expected to lower the system price significantly.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Audi
2. Autoliv
3. BMW
4. Continental
5. Delphi
6. Ford
7. General Motors
8. Magna
9. Mazda
10. Mercedes Benz
11. Mitsubishi
12. Mobileye
13. Robert Bosch GmbH
14. Siemens
15. Tesla Motors
16. Volkswagen
17. Volvo
18. ZF TRW
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 market share till 2024.
Automatic Emergency Braking Market for 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 market growth over forecast period.
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Rising automotive manufacturing capacities in the U.S., China, and Japan are accelerating the automatic emergency braking market 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.
Industry Growth Drivers:
1. Government regulations for collision avoidance system
2. Encouragement of safety technologies by Euro New Car Assessment Programme (Euro NCAP)
3. Growing passenger car sales and OEMs offering AEB in standard models
4. Increasing consumer awareness regarding vehicle safety
5. Rising demand for autonomous cars
Automatic Emergency Braking Market for 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 industry till 2024.
Rising automotive manufacturing capacities in the U.S., China, and Japan are accelerating the automatic emergency braking market 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.
Browse Full Report Summary @ https:// www.gminsights.com/industry-analysis/automatic-emergency-braking-AEB-Market
Major players in the automatic emergency braking market 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.
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: https://www.gminsights.com
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.
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