openPR Logo
Press release

Anti-lock Braking System Market - Product Expert Ideas by Advics, Autoliv, Continental, Denso Corp, Hitachi Automotive, Hyundai Mobis, Nissin Kogyo, Robert Bosch

04-14-2020 06:39 PM CET | Tourism, Cars, Traffic

Press release from: Allied Market Research

Anti-lock Braking System Market - Product Expert Ideas

The global anti-lock braking system (ABS) market is driven by a growth in demand for safety features, technological advancement, and stringent global safety protocols for vehicle safety. However, high installation and maintenance cost is the key factor that restrain the growth of the global anti-lock braking system market. However, development of advanced braking systems for two-wheelers and expansion in untapped markets is anticipated to provide growth opportunities to the anti-lock braking system market players.

Schedule a Call with Our Analysts/Industry Experts To Find Solution For Your Business:

According to a recent report published by Allied Market Research, titled, "Anti-Lock Braking System Market by Sub-system Type and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018-2026," the global anti-lock braking system market size was valued at $37.69 billion in 2018, and is projected to reach $80.65 billion by 2026, registering a CAGR of 9.6% from 2019 to 2026.

Asia-Pacific dominates the market, followed by North America, Europe, and LAMEA. China dominated the anti-lock braking system anti-lock braking system market share in Asia-Pacific, whereas Australia is expected to grow at a significant rate in the Asia-Pacific region during the forecast period.

Download Report Sample:

Anti-lock braking system is a safety braking system used in vehicles to prevent it from skidding and prevents the wheel from locking up during braking; thereby, maintaining tractive contact with the surface of the road. It allows wheels of a vehicle to maintain dynamic contact with the road surface, which is proportional to the braking inputs given by the driver. It improves vehicle control and reduces stopping distance on both dry and slippery surfaces. Automobile companies have equipped their vehicles with anti-lock braking system, traction control system (TCS), electronic brake force distribution (EBD), and electronic stability control (ESC) to offer advanced safety features and improve stability control and safety on difficult terrains.

Anti-lock braking system is used in vehicles to prevent the vehicle to skid over the surface in case the brakes are applied immediately to prevent the vehicle from a collision. For instance, a vehicle is being driven at its maximum speed and suddenly the brake is to be applied, then with the presence of ABS the vehicle will not skid over the surface thereby preventing it from meeting any collision. Installation of ABS in the vehicles is recommended by all the manufacturers with the government taking initiatives to mandatorily installing ABS in the vehicles.

Interested to Procure Data? Inquire Here:

Many leading players in the ABS market are developing the anti-lock braking system to provide a safer driving experience. For instance, Continental AG has developed the third generation of anti-lock braking system known as ABS3, which has the feature to respond to higher speed of the vehicle along with providing a safer, controllable, and optimum brake performance while driving. With the continuous development in the technology along with its implementation in automobile sector, the market for ABS is expected to grow in the near future enabling the players to generate more revenue from the market.

The anti-lock braking system market is segmented on the basis of sub-system and vehicle type. Based on sub-system, the market is divided into sensors, electric control unit, and hydraulic units. By vehicle type, it is categorized into two-wheelers, passenger cars, and commercial vehicles. Through this segmentation, various applications of these systems and their use in the ABS system are determined along with their application in different vehicle types. Based on region, the ABS market is studied across North America, Europe, Asia-Pacific and LAMEA. The regional analysis gives the idea about the leading region in the ABS market.

Sensors, electronic control unit (ECU), and hydraulic system are the three main components of an anti-lock braking system. ECUs act as the brain for passive car safety systems, which control various systems such as the ABS. As per the current scenario, numerous leading companies operating in the automotive sector are continuously launching advanced ECUs for vehicles. For instance, Autoliv, a leading automotive safety system manufacturer launched ECU for car passive safety system. Automobile-component manufacturers are acquiring other leading players, with an aim to enhance their geographical presence and technical expertise. For instance, Nissin Kogyo joint ventured with Autoliv Inc. to form Autoliv-Nissin Brake Systems (ANBS). This will strengthen Autoliv's role as a leading brake systems supplier of ABS, ECU, and RBS. Increase in the number of autonomous vehicles along with the installation of anti-lock braking system in them has increased the growth of the ECU market. Furthermore, the addition of in-car infotainment service in vehicles is providing numerous opportunities to the ECU market.

Request for Customization:

Key Finding of The Anti-lock Braking System Market:
o Based on subsystem, the sensors segments is expected to exhibit the remarkable growth rate during the forecast period.
o Based on vehicle type, the two-wheeler segment is the fastest growing segment during the forecast period.
o Based on subsystem, electronic control unit (ECU) is anticipated to garner the highest contribution in terms of revenue.
o Based on region, Asia-Pacific contributed the highest anti-lock braking system market revenue in 2018, followed by North America, Europe, and LAMEA.

The key players analyzed in this report are ADVICS Co. Ltd, Autoliv, Inc., Continental AG, Denso Corporation, Hitachi Automotive Systems, Ltd., Hyundai Mobis, Nissin Kogyo Co. Ltd., Robert Bosch GmbH, WABCO, ZF TRW, and others.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Allied Market Research Blog:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Anti-lock Braking System Market - Product Expert Ideas by Advics, Autoliv, Continental, Denso Corp, Hitachi Automotive, Hyundai Mobis, Nissin Kogyo, Robert Bosch here

News-ID: 2010556 • Views: 685

More Releases from Allied Market Research

Sugar Free Carbonated Drinks Market 2021 Dynamics Analysis, Size Witness Growth …
According to a new report published by Allied Market Research, titled, "Sugar Free Carbonated Drinks Market By Type, Flavor, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global sugar free carbonated drinks market size is expected to reach $243.5 billion by 2030 at a CAGR of 7.3% from 2021 to 2030. Access The Complete Report Here: Sugar free carbonated drinks are low calorie or no calorie carbon infused
Functional Beverages Market Sales Revenue Analysis, Top Manufacturers Performanc …
According to a new report published by Allied Market Research, titled, "Functional Beverages Market by Type, Distribution channel and End user: Global Opportunity Analysis and Industry Forecast, 2021-2030," The functional beverages market share is expected to reach $200,080.3 million by 2030, registering a CAGR of 5.9% from 2021 to 2030. Access The Complete Report Here: Functional beverages are nonalcoholic drinks which provides physical and mental health benefits and promote the state
Crowd Management & Event Security Market - Insights, Opportunities and Forecasts …
Rise in the demand for crowd evaluation to enhance safety & security and investments in crowd security technology by various government institutes are the major factors that drive the growth of the market. In addition, an increase in the investments in crowd management and event security analytics tools and solutions fuel the global crowd management & event security market growth. However, high initial upfront costs and lack of IT infrastructure
Fabric-Based Computing Market Size Estimated to Observe Significant Growth by 20 …
Increase in the usage of big data analytics and growth in the adoption of cloud-based systems are the major factors that drive the global fabric-based computing market growth. In addition, features that fuel the growth of the market include general-purpose vertically integrated stacks, virtualization, convergence, component commoditization, and automation. Download Sample Report at: However, high cost associated with infrastructure and complexity issues hamper the growth of the global market. Furthermore,

All 5 Releases

More Releases for ABS

ABS Halloween Pins Using Plasti-Block™ Plastics
People love October. The leaves are changing colors, hot chocolate is back in fashion, and of course, the month is rounded off with the spooky spectacle that is Halloween. This week’s Alternative Tuesday segment from the Acutabove Woodworking channel is a project to create your own personal Halloween pins out of ABS plastic. The pins are perfect for adding that extra something to a Halloween costume. Consumers in the US spend over
Plasti-Block™ New Colored ABS Plastics
All blocks are molded using Plasti-Block™ unique proprietary color blending and molding technologies, manufacturing high-quality rods with minimal to no internal stresses. Plasti-Block™ products offer not only a wide range of colors (9 base colors), but these colors are also blended during their production processes to ensure the part looks as good internally as it does externally. By using our molding-in-color options, the complexity and other problems often associated with painting
ABS pipe manufacturers - Technovision Engineers Pvt. Ltd
ABS Coated Pipe The Company is one of the front Runner in Manufacturing ABS Coated Pipe in India With an ISO 9001-2015 Certification. The core focus of the company lies in superior quality and excellent customer services. Technovision Engineers Pvt. Ltd. Manufacturer & Supplier of a wide range of products which include ABS Coated Pipe. Technovision Engineers Pvt. Ltd. Manufacturer & Supplier of a wide range of products which include ABS Coated Pipe. ABS Coated Pipe,
Global ABS Market 2018- JSR, KKPC, UMG ABS, CHIMEI
Apex Market Reports, recently published a detailed market research study focused on the "Global ABS Market" across the global, regional and country level. The report provides 360° analysis of "Global ABS Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global ABS industry, and estimates the future trend of Global ABS market on
AUTOMOTIVE ABS Market Growth by 2022 has announced the addition of the “Global AUTOMOTIVE ABS Market Research Report 2017-2022” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Key Manufacturers Global Automotive ABS market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including BOSCH Continental TRW ADVICS MANDO Nissin Kogyo Hitachi WABCO Knorr Haldex BOSCH (China) Continental (China) TRW (China) ADVICS (China) BWI Group APG Dongfeng Electronic VIE Zhengchang Electronic Sivco Beijing Automotive Research
Europe ABS Plastic Market Report 2017
This report studies sales (consumption) of ABS Plastic in Europe market, especially in Germany, France, UK, Russia, Italy, Spain and Benelux, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering BASF GE Plastics Kumho Chemical Mitsubishi Chemical Techno Polymer Mitsui Chemicals Sumitomo Dow Benelux RenqiuXingda Market Segment by Countries, this report splits Europe into several key Countries, with sales (consumption), revenue, market share and growth rate of ABS