Exclusive Report on Global Autonomous Emergency Braking Industry: to grow at a whopping rate of CAGR 20.31%

The global Autonomous Emergency Braking market size was valued at $19.73 Billion in 2020 and is expected to reach $93.17 Billion by 2028 growing at the CAGR of 20.31% from 2021 to 2028.

This growth is attributed to:
● The increasing number of road accidents, According to a report by the World Health Organization, road traffic injury is the leading cause of death for people aged 15-29.
● Growing awareness among consumers, as more people will purchase cars with advance driver assistance system
● Market players are turning their attention to safety systems' integration into basic models. Nowadays, most major automobile manufacturers are already offering advanced assistance systems as optional or standard features in mass-market models.

As the cost of AEBS is reflected by the overall cost of vehicles it can affect automotive brands differently, therefore restraining the growth of the market.

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The recently published research report on Global Autonomous Emergency Braking Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Autonomous Emergency Braking market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Autonomous Emergency Braking market report also includes the following data points:
● COVID19 Impact on Autonomous Emergency Braking market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in the Autonomous Emergency Braking market

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Key Players
Some of the major Autonomous Emergency Braking players holding a high market share include Robert Bosch, Continental AG, Delphi Automotive LLP, ZF Friedrichshafen AG, and Mobileye among others. These players use partnership and expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● Robert Bosch
● Continental AG
● Delphi Automotive LLP
● ZF Friedrichshafen AG
● Mobileye
● Autoliv Inc.
● Hyundai Mobis
● AISIN SEIKI Co. Ltd.
● Hitachi Automotive Systems Ltd.
● Mando Corporation

Segmental Analysis
Market Segment By Technology with focus on market share, consumption trend, and growth rate of Autonomous Emergency Braking Market:
o Crash Imminent Braking
o Dynamic Brake Support

Market Segment By Product Type with focus on market share, consumption trend, and growth rate of Autonomous Emergency Braking Market:
o Low-speed AEBS
o High-speed AEBS

Market Segment By Vehicle Type with a focus on market share, consumption trend, and growth rate of Autonomous Emergency Braking Market:
o Passenger Vehicle
o Commercial Vehicle

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Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

The Asia Pacific region is predicted to account for the largest share of global demand. Developed countries such as Japan, Korea, and China are seeing rapid technological advancements in both infrastructure and transportation. Further, there is an increase in vehicular production due to heightened demand for government infrastructure projects intended to assist with economic growth while also reducing unemployment partly because of increased disposable income through job opportunities.

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