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Autonomous Emergency Braking Market 2023 - Business Growth, Trends, Share Analysis, Size, And Forecast To 2032
Autonomous Emergency Braking Market Analysis
Autonomous Emergency Braking Market Size, Growth Rate, And Forecast
The global autonomous emergency braking market size grew from $37.9 billion in 2022 to $45.21 billion in 2023 at a compound annual growth rate (CAGR) of 19.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The autonomous emergency braking market size is expected to grow to $87.78 billion in 2027 at a CAGR of 18.0%.
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Autonomous Emergency Braking Market Drivers
The rising number of accidents is expected to propel the growth of the autonomous emergency braking market going forward. Accidents refer to any injury due to crashes involving a vehicle partially or fully on a public road. Autonomous emergency braking assists in recognising when a potential collision is likely to happen and reacts by automatically applying the brakes to slow a vehicle down before impact or bring it to a stop to avoid a collision.
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Autonomous Emergency Braking Market Segments
1) By Vehicle Type: Passenger Cars, Commercial Vehicles
2) By Brake Type: Disc, Drum
3) By Technology: Crash Imminent Braking, Dynamic Braking Support
4) By System: Low Speed AEB System, Higher Speed AEB System, Pedestrian AEB System
● By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the autonomous emergency braking market.
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Autonomous Emergency Braking Market Key Players
Major competitors in the autonomous emergency braking market include Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Mobileye, Autoliv Inc., Hyundai Mobis, Aisin Corporation.
The Business Research Company's "Global Autonomous Emergency Braking Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Autonomous Emergency Braking Market Include:
1. Executive Summary
2. Autonomous Emergency Braking Market Characteristics
3. Autonomous Emergency Braking Market Trends And Strategies
4. Autonomous Emergency Braking Market - Macro Economic Scenario
5. Autonomous Emergency Braking Market Size And Growth
…..
26. Africa Autonomous Emergency Braking Market
27. Autonomous Emergency Braking Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Autonomous Emergency Braking Market
29. Autonomous Emergency Braking Market Future Outlook and Potential Analysis
30. Appendix
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