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Automatic Emergency Braking Market Drivers & Growth Opportunity Analysis Report to 2024
Automatic Emergency Braking Market
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The continuous demonstrations of the active vehicle safety systems across the globe along with active support from automobile manufacturers are boosting the automatic emergency braking market over the forecast timeframe.
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
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 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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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.
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.
Browse Related Report: -
Automotive Filters Market from passenger vehicle Segment to cross US$ 1.5 trillion by 2023:- https://www.marketwatch.com/press-release/automotive-filters-market-from-passenger-vehicle-segment-to-cross-us-15-trillion-by-2023-2019-11-19
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