Press release
Anti-Lock Braking System (ABS) Market Growth Prospects, Competitive Analysis, Trend, Regulatory Landscape
Global Anti-Lock Braking System (ABS) Market
An anti-lock braking system (ABS) is a safety feature designed to prevent a vehicle's wheels from locking up while braking. ABS helps the driver maintain control of the car during emergency stops, by preventing the wheels from skidding. This system is usually activated when the driver applies the brakes. This system is also referred to as electronic brake force distribution (EBD) and can be found on most modern cars.
The anti-lock braking system in a vehicle stands for safety component that comes in action on the sudden application of brakes during the case of an emergency. Generally, the system includes integration of wheel speed sensors, control modules, brake control unit and hydraulic pressure modulator. ABS improves traction control and stability of the vehicle as well as significantly reduces the risks of skidding, especially in slippery conditions. Furthermore, it decreases maintenance costs and enhances the resale value of the vehicle. Owing to these benefits, the anti-lock braking system is widely installed in two-wheelers, passenger cars, and commercial vehicles.
Sensors are an integral part of any modern automobile. They are used in numerous applications such as airbags, anti-lock braking systems (ABS), and vehicle stability control among others. The automotive industry has witnessed tremendous growth over the past few years owing to factors such as increasing disposable income, changing lifestyle of consumers, and growing urbanization which has led to increased demand for automobiles globally.
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Global Anti-Lock Braking System (ABS) Market: Segmentations
Global Anti-Lock Braking System (ABS) Market: By Key Players
Robert Bosch
Continental
Autoliv
Nissin Kogyo
Wabco
ZF TRW
Hyundai Mobis
Denso Corporation
Hitachi Automotive Systems
Advics
Global Anti-Lock Braking System (ABS) Market: By Types
Electronic Control Unit (ECU)
Sensors
Hydraulic Unit
Global Anti-Lock Braking System (ABS) Market: By Applications
Passenger Vehicles
Commercial Vehicles
Global Anti-Lock Braking System (ABS) Market: Regional Analysis
The countries covered in the regional analysis of the Global Anti-Lock Braking System (ABS) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase the Anti-lock Braking System (ABS) Market Report:
1. The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
2. Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
3. Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
4. The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
5. Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Objectives of the Study:
• To provide with an exhaustive analysis on the Anti-Lock Braking System (ABS) Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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