Press release
Braking Barriers : Exploring the Evolution of the Anti-lock Braking System Market
According to a recent report published by Allied Market Research, titled, "Anti-Lock Braking System Market by Sub-system Type and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018-2026," the global anti-lock braking system market size was valued at $37.69 billion in 2018, and is projected to reach $80.65 billion by 2026, registering a CAGR of 9.6% from 2019 to 2026.Asia-Pacific dominates the market, followed by North America, Europe, and LAMEA. China dominated the anti-lock braking system anti-lock braking system market share in Asia-Pacific, whereas Australia is expected to grow at a significant rate in the Asia-Pacific region during the forecast period.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/1609
Anti-lock braking system is a safety braking system used in vehicles to prevent it from skidding and prevents the wheel from locking up during braking; thereby, maintaining tractive contact with the surface of the road. It allows wheels of a vehicle to maintain dynamic contact with the road surface, which is proportional to the braking inputs given by the driver. It improves vehicle control and reduces stopping distance on both dry and slippery surfaces. Automobile companies have equipped their vehicles with anti-lock braking system, traction control system (TCS), electronic brake force distribution (EBD), and electronic stability control (ESC) to offer advanced safety features and improve stability control and safety on difficult terrains.
Anti-lock braking system is used in vehicles to prevent the vehicle to skid over the surface in case the brakes are applied immediately to prevent the vehicle from a collision. For instance, a vehicle is being driven at its maximum speed and suddenly the brake is to be applied, then with the presence of ABS the vehicle will not skid over the surface thereby preventing it from meeting any collision. Installation of ABS in the vehicles is recommended by all the manufacturers with the government taking initiatives to mandatorily installing ABS in the vehicles.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/anti-lock-braking-system-ABS-market/purchase-options
Many leading players in the ABS market are developing the anti-lock braking system to provide a safer driving experience. For instance, Continental AG has developed the third generation of anti-lock braking system known as ABS3, which has the feature to respond to higher speed of the vehicle along with providing a safer, controllable, and optimum brake performance while driving. With the continuous development in the technology along with its implementation in automobile sector, the market for ABS is expected to grow in the near future enabling the players to generate more revenue from the market.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐ :
Based on subsystem, the sensors segments is expected to exhibit the remarkable growth rate during the forecast period.
Based on vehicle type, the two-wheeler segment is the fastest growing segment during the forecast period.
Based on subsystem, electronic control unit (ECU) is anticipated to garner the highest contribution in terms of revenue.
Based on region, Asia-Pacific contributed the highest anti-lock braking system market revenue in 2018, followed by North America, Europe, and LAMEA.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/1609
The key players analyzed in this report are ADVICS Co. Ltd, Autoliv, Inc., Continental AG, Denso Corporation, Hitachi Automotive Systems, Ltd., Hyundai Mobis, Nissin Kogyo Co. Ltd., Robert Bosch GmbH, WABCO, ZF TRW, and others.
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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 Braking Barriers : Exploring the Evolution of the Anti-lock Braking System Market here
News-ID: 3184915 • Views: โฆ
More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collectโฆ

Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโฆ

Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโฆ

Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโฆ
More Releases for ABS
Tactical Abs Toner Reviews 2023: Read This Tactical Abs Toner Review Before Buyi โฆ
Tactical Abs Toner" is an advanced muscle stimulator which developed using EMS technology. It brings military grade precision engineering and technology to fat burning and muscle building.
How Electrical Muscle Simulation (EMS) can help in losing weight
Electrical Muscle Stimulation (EMS) has emerged as a weight loss tool in the last couple of years and many people have selected it as the easiest way to lose their body fat and to enhanceโฆ
Tactical X Abs Stimulator Reviews - Does Tactical X Abs Stimulator Work? What Th โฆ
The Tactical X Abs Muscle Stimulator is an innovative fitness device designed to help individuals achieve a well-defined and toned set of abdominal muscles. In today's fast-paced world, where people strive to look and feel their best, this cutting-edge product aims to provide an effective and convenient solution for enhancing abdominal strength and appearance.
Utilizing Electrical Muscle Stimulation (EMS) technology, the Tactical X Abs Muscle Stimulator delivers low-voltage electrical impulses toโฆ
Tactical abs stimulator Review:Does this Abs simulator really works?
Introducing the Tactical Abs Stimulator, a cutting-edge fitness device that is poised to revolutionise abdominal training. Designed with advanced technology and innovative features, this stimulator offers a new and efficient way to develop strong, toned abs. If you've been looking for an effective solution to enhance your abdominal muscles without spending hours at the gym, this device might be just what you need. By harnessing the power of Electrical Muscleโฆ
Tactical Abs Toner Review 2023 (Tactical Abs Toner Must Read!) : Shocking Price โฆ
Everyone wants to look and feel their best in today's hectic environment. Your general fitness and health are improved as well as your appearance when you have a strong, well-defined set of abdominal muscles. Even if they spend a lot of time at the gym and adhere to rigorous diets, many people struggle to get the results they want. The Tactical Abs Toner can help with that. With the helpโฆ
Global Extruded ABS Market Size, by Type (Four-channel, four-sensor ABS, Three-c โฆ
Global Extruded ABS Market research report provides complete intelligence about the global Extruded ABS industry, including market growth factors and prominent competitors in the market. The report also enfolds insightful analysis of competition intensity, segments, environment, trade regulations, and product innovations to render deep comprehension of the complete Extruded ABS market structure. Recent developments, technology diffusion, and important events of the market are also examined in this report.
Get Sample Copyโฆ
Europe ABS Plastic Market Report 2017
This report studies sales (consumption) of ABS Plastic in Europe market, especially in Germany, France, UK, Russia, Italy, Spain and Benelux, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering
BASF
GE Plastics
Kumho Chemical
Mitsubishi Chemical
Techno Polymer
Mitsui Chemicals
Sumitomo
Dow Benelux
RenqiuXingda
Market Segment by Countries, this report splits Europe into several key Countries, with sales (consumption), revenue, market share and growth rate of ABSโฆ