Press release
Electronic Braking Systems (EBS) Market Research Report 2023
Electronic Braking Systems (EBS) MarketThe global Electronic Braking Systems (EBS) market was valued at US$ 764.7 million in 2022 and is anticipated to reach US$ 2044.1 million by 2029, witnessing a CAGR of 14.9% during the forecast period 2023-2029.
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Electronic Braking Systems (EBS) Market Share
Electronic braking system (EBS) is an automobile brake technology that automatically varies the amount of force applied to each of a vehicle's brakes, based on road conditions, speed, loading, etc. Always coupled with anti-lock braking systems, EBS can apply more or less braking pressure to each wheel in order to maximize stopping power whilst maintaining vehicular control. Typically, the front end carries the most weight and EBS distributes less braking pressure to the rear brakes so the rear brakes do not lock up and cause a skid.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
WABCO, Knorr Bremse, Haldex are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. The top 1 company hold a share about 60%.Europe is the largest market, with a share about 50%, followed by North America and Asia Pacific with the share about 20% and 18%. In terms of product, disc EBS is the largest segment, with a share about 80%. And in terms of application, the largest application is truck.
By Type
• Disc EBS
• Drum EBS
By Application
• Truck
• Coach
• Others
Key Players
Continental, Advics Group, WABCO, Knorr Bremse, Bosch, Haldex, MAN, ZheJiang Vie Science & Technology Co., Ltd., Guangzhou Ruili Kormee Automotive Electronic Co.,Ltd.
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