Press release
Electronic Stability Control System Market Growth, Size, Forecast, Top Companies Profiles, Market Research Report
The Global Electronic Stability Control System Market is expected to grow at a CAGR of around 9.4% from 2022 to 2030 and reach the market value of over US$ 53.3 Billion by 2030.Europe dominates recorded significant market share for the electronic stability control system market in the past and it is projected that it will continue the similar trend in the forthcoming years. The factors that contribute to the growth of the regional market involve strong advancements in the automotive industry coupled with presence of a large pool of key manufacturers residing in the European Union (EU). With a strong focus on innovation and implementation of an electric stability control system like technology in cars and light commercial vehicles record a profitable index for the regional growth in European markets.
Download Sample Pages Of This Report@ https://www.acumenresearchandconsulting.com/request-sample/2465
Apart from that, Asia Pacific is another region growing at a rapid pace by recording around 39.8% market share for vehicle assist system market. Rising economic development in the region witnessed the growth of automotive industry in the APAC market. As Thailand and Malaysia recorded 9% and 12.2% growth in automotive production respectively as per the estimates released by the International Organization of Motor Vehicle Manufacturers, it upsurge the Asia-Pacific regional growth for electronic stability control systems market.
High government involvement enhances the growth of the global electronic stability control systems market
Innovation and skill development are essential components in bringing sustainable growth and the creation of a skilled workforce. This is the prominent reason for financing innovations one of the top priorities for the European Investment Bank (EIB). In 2019, the European Union (EU) Bank provided US$ 1751.41 Mn to finance different RDI projects. In Spain, in 2018, the EIB made available over US$ 16 Bn in favor of the innovation projects of Spanish companies.
Additionally, the Spanish multinational Gestamp, specialized in development and manufacturing of metal components for the automotive industry, announced receive of US$ 2425.77 Mn from the European Investment Bank (EIB) to develop new research lines enabling the production of safer, lighter, and more environmental friendly cars.
Segmental Outlook
The global electronic stability control systems market is segmented based on vehicle type and component. Vehicle type is segmented as passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). Based on components, the electronic stability control systems market is segregated as hydraulic units, sensors, electronic control unit (ECU), and others.
View Table Of Content Of This Report@ https://www.acumenresearchandconsulting.com/electronic-stability-control-system-market
By vehicle type, passenger vehicle will record remarkable and all time high market shares contributing for the growth of electronic stability control systems market. Rising demand for passenger cars globally coupled with high sales turnover for the manufacturers. High sales turnover results in surging demand for passenger cars that spur the electronic stability control system market worldwide. As passenger vehicles carry many passengers it is accounted for recording almost 65.8% of the global vehicle production. Light commercial vehicles (LCVs) are projected to gain high pace for contributing the growth of electronic stability control system market.
Based on components, sensors segment will contribute the highest for the growth of electronic stability control system market. As sensors play a vital role for bringing stability in vehicles and measurement related parameters such as maintaining speed and direction of rotation of wheels, brake forces, prevention of skidding of vehicles, and others.
Competitive Landscape
Key companies profiled in this report involve Robert Bosch GmbH, Johnson Electric, TRW Automotive Holdings Corp., Continental AG, Delphi Automotive, Autoliv Inc., Toyoda Gosei Co. Ltd, WABCO Holdings, Inc., Murata Manufacturing Co., Ltd., and others.
Browse Upcoming Market Research Reports@ https://www.acumenresearchandconsulting.com/forthcoming-reports
Some of the key observations regarding Electronic Stability Control System industry include:
• In April 2018, Tata Motors announced launching of electronic stability control systems in medium and heavy commercial vehicles. Tata Motors becomes the first company in India to launch commercial vehicles with electronic stability control systems.
• In October 2017, WABCO INDIA Limited announced collaboration with Tata Motors Limited. The collaboration aims to launch of Electronic Stability Control (ESCsmart™) for trucks and buses at WABCO INDIA's test track in Chennai.
Inquiry Before Buying@ https://www.acumenresearchandconsulting.com/inquiry-before-buying/2465
Buy This Premium Research Report - https://www.acumenresearchandconsulting.com/buy-now/0/2465
201, Vaidehi-Saaket, Baner - Pashan Link Rd, Pashan, Pune, Maharashtra 411021
Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Electronic Stability Control System Market Growth, Size, Forecast, Top Companies Profiles, Market Research Report here
News-ID: 2849299 • Views: …
More Releases from Acumen Research and Consulting

Compact High Pressure Laminates Market to Reach USD 9.6 Billion by 2032, Driven …
The Compact High Pressure Laminates Market is gaining remarkable momentum as industries across construction, interior design, healthcare, and commercial applications increasingly adopt durable, stylish, and sustainable surfacing solutions. Valued at USD 5.9 Billion in 2023, the market is projected to reach USD 9.6 Billion by 2032, reflecting a steady compound annual growth rate (CAGR) of 5.6%.
Get Free PDF Sample Pages of This Report: https://www.acumenresearchandconsulting.com/request-sample/3646
Compact High Pressure Laminates, or Compact HPL,…

Culture Media Market Set to Surge Beyond USD 17.32 Billion by 2032, Driven by Ad …
Culture Media Market Poised for Robust Expansion Amid Biotechnology Boom
The Culture Media Market has emerged as a cornerstone of modern life sciences, enabling researchers and manufacturers to cultivate, identify, and preserve microorganisms and cells for critical applications. From drug discovery to diagnostic testing, culture media plays an indispensable role in advancing human health and biotechnology.
According to Acumen Research and Consulting, the global Culture Media Market size was valued at USD…

Green Energy Market Size to Hit USD 2.41 Trillion by 2032 | Key Trends, Share & …
The global Green Energy Market is experiencing unprecedented momentum. According to Acumen Research & Consulting, the market reached USD 1.15 trillion in 2023 and is forecast to grow at a CAGR of 8.7% from 2024 to 2032, reaching approximately USD 2.41 trillion by 2032. This Green Energy Market Analysis highlights the sweeping scale of investment and innovation driving the sector forward.
Green Energy Market Size & Growth Snapshot
• 2023 market size: USD…

Pipeline Safety Market: Ensuring Integrity in Energy Transportation
The global pipeline safety market is a critical component of energy infrastructure, ensuring the safe transportation of oil, gas, and other hazardous materials over vast distances. With rising demand for energy and increasing regulatory scrutiny, pipeline safety has become paramount in maintaining the integrity of these vital systems. This report delves into the factors driving the market, current trends, and future projections for this rapidly evolving industry.
Pipeline Safety Market Overview…
More Releases for Electronic
Revolutionizing Electronic Warfare: The Power of Cognitive Electronic Warfare Sy …
According to the report published by Allied Market Research, " Cognitive Electronic Warfare System Market by Capability (Electronic Attack, Electronic Protection, Electronic Support, Electronic Intelligence) and by Platform (Naval, Airborne, Land, Space): Global Opportunity Analysis and Industry Forecast, 2023-2032 "Cognitive electronic warfare systems are based on learning action frameworks that use machine learning algorithms and artificial intelligence (AI) to mimic human perception of learning, memory, and judgement. Machine learning, being…
Electronic Cigarettes
Electronic Cigarettes are also known as Vaping, which consist of different type of devices that allow the users to inhale an aerosol that might be nicotine, flavoring and other species. Electronic Cigarettes market is expected to mark significant growth over forecasted period owing to increasing technological advancements, change in lifestyle and consists of various flavours and fragrance. There has been significant rise in number of prevalence of adults using e-cigarettes…
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
This report titled as Electronic Voting Machine Market gives a brief about the comprehensive research and an outline of its growth in the market globally. Electronic voting is voting that uses electronic means to either aid or take care of casting and counting votes. Depending on the particular implementation, e-voting may use standalone electronic voting machines or computers connected to the Internet. It may encompass a range of Internet services,…
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
The Electronic Voting Machine Market requires the prevailing regions in the market during the forecast period. Evidence on the region leading the market are some of the facets that are highlighted under this section of the report. A voting machine is a machine used to register and tabulate votes. The first voting machines were mechanical but it is increasingly more common to use electronic voting machines. Traditionally, a voting machine…
Electronic Wrapper Market Segmented By loading types semi-automatic electronic w …
A Revolutionary Product for the Packaging Industry
The electronic wrapper has been a revolutionizing product in the packaging industry. Electronic wrappers are easy to maintain and comfortable for size changes. The steel built electronic wrappers enable easy access for maintenance and cleaning, thus, gaining a considerable customer base from the packaging industries mainly for food and consumer products. An electronic wrapper is an automated machine, which is programmed to perform a…
Wearable Electronic Devices Market,Wearable Electronic Devices Industry, Global …
Latest industry research report on: Global Wearable Electronic Devices Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
This report studies the global Wearable Electronic Devices market status and forecast, categorizes the global Wearable Electronic Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other…