Anti-lock Braking System Market - Top Key Players, Global Market Analysis, Trends, Opportunity, Size and Segment Forecasts 2028

An anti-lock braking system market has been witnessing growth, owing to the increased number of vehicle collisions and safety awareness. ABS is a safety system installed in automobiles that prevent wheels from locking and helps the driver maintain steering control. It is also known as the anti-skid braking system. It enables the tires to maintain tractive contact with the ground to avoid losing control. The system increases the safety standards of the vehicles and helps to reduce on-road accidents.

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Market dynamics according to QMI-

The growing automobile industry is one of the main reasons why the anti-lock braking system is gaining popularity. The automotive industry is booming in the Asia Pacific region due to the high population and increase in disposable income. The demand for ABS in developed countries like USA, Germany, England, etc. is growing due to the high safety standards required for vehicles.

ABS is also very popular in vehicles used for racing, for example in the F1 or NASCAR where the ABS becomes very important due to the high speeds, swift turns and the quick breaks that the drivers are required to make.

The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market, along with identifying major segments and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand for the anti-braking system market.

Major Companies Operating in the Anti-Lock Braking System Market:

o Robert Bosch GmbH
o Continental AG
o Autoliv Inc.
o Hyundai Mobis
o ZF Friedrichshafen AG
o TRW Automotive
o Hitachi Automotive Systems
o ADVICS Co. Ltd.
o Denso Corporation

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Market Segmentation:

By Sub-System:
o Sensors
o Electronic Control Unit
o Hydraulic Unit

By Vehicle Type:
o Two-Wheelers
o Passenger Cars
o Commercial

By Region:
North America
o By Country (US, Canada, Mexico)
o By Sub-System
o By Vehicle Type

Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Sub-System
o By Vehicle Type

Western Europe:
o By Country (Germany, UK, France, Spain, Italy, Rest of Western Europe)
o By Sub-System
o By Vehicle Type

Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Sub-System
o By Vehicle Type

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Sub-System
o By Vehicle Type

Rest of the World
o By Region (South America, Africa)
o By Sub-System
o By Vehicle Type

Reasons To Buy This Report:

o Market size estimation of the anti-lock braking system market on a regional and global basis

o The unique research design for market size estimation and forecast

o Profiling of major companies operating in the market with key developments

o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-Segment
o By Region/Country

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.