Autonomous Emergency Braking (AEB) System Market Analysis, Competitive Landscape, Growth Factors, Revenue, and Forecast by 2030

Autonomous Emergency Braking (AEB) System Market size is projected to reach at USD 159.48 Bn by 2030, The increase in sales of vehicles post covid is determining the growth of the AEB market in the upcoming years.   

The Autonomous Emergency Braking (AEB) System Market is at the forefront of automotive safety innovation, presenting a landscape of immense potential. With an ever-growing emphasis on reducing accidents and enhancing road safety, AEB systems have become a pivotal technology in the automotive world.

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Market Scope:  

These systems utilize advanced sensors, artificial intelligence, and real-time data analysis to autonomously detect and respond to imminent collision threats, often with lightning-fast reflexes that human drivers can't match. As more countries and regulatory bodies prioritize AEB implementation, the market scope extends beyond the traditional boundaries of vehicle segments. It includes passenger cars, commercial vehicles, and even two-wheelers, making it a pivotal element in redefining the future of transportation.

SWOT Analysis:

The Autonomous Emergency Braking (AEB) System Market showcases a distinctive SWOT landscape. Strengths lie in its ability to significantly enhance road safety by proactively mitigating collisions through swift and automated braking. This technology not only saves lives but also reduces insurance costs for vehicle owners and manufacturers. Moreover, AEB systems are gaining rapid adoption due to regulatory mandates and increasing consumer awareness, creating a robust demand base. However, the market faces notable weaknesses concerning the challenges of integrating AEB systems across diverse vehicle platforms and ensuring their reliable performance in all driving conditions. Opportunities abound as the global automotive industry increasingly embraces automation, providing a fertile ground for innovation and expansion.

Key Companies

Key companies in the autonomous emergency braking (AEB) system market are Hyundai Mobis Co., Ltd. (South Korea), Aisin Seiki Co., Ltd. (Japan), Paccar Inc. (DAF) (US), Autoliv, Inc. (Sweden), Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany), Continental AG (Germany), Denso Corporation (Japan), Valeo S.A. (France), Delphi Automotive PLC (UK), Infineon Technologies AG (Germany), Knorr-Bremse AG (Germany), Mando Corporation (South Korea), Analog Devices, Inc. (US), Wabco Holdings, Inc. (US) and others.

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Segmentation Analysis:

In the Type segment analysis of the Autonomous Emergency Braking (AEB) System Market, a multifaceted landscape unfolds. The market is witnessing a continuum of AEB technologies, each with its unique capabilities and applications. From the sensor-based systems that rely on radar, lidar, and camera sensors to the more advanced and comprehensive sensor fusion systems that combine these technologies for enhanced accuracy, the Type segment encompasses a spectrum of choices. Furthermore, there are distinctions in AEB deployment, with some systems designed for passenger vehicles and others tailored for commercial and heavy-duty applications. As the market for AEB systems continues to evolve, these Type segments play a pivotal role in addressing the diverse needs of the automotive industry, contributing to the overarching goal of enhancing road safety and preventing collisions.

Regional Analysis

APAC is the region which will be having the highest growth rate, as the rising production of vehicles in China is impacting the growth of market. Also, the rising investments by the OEMs is gaining a traction for the region and the superior markets of APAC region to gain growth during the forecasted period. Looking at the trend as the EVS are the major trend, the major market is primarily focusing on increasing the production which is also introducing a huge demand for AEB and this is how the attractiveness of the market is on an elevated pitch.    

Key Takeaways

The Autonomous Emergency Braking (AEB) System Market is experiencing remarkable growth driven by the increasing focus on road safety and reducing accidents.
AEB technology is not just a luxury feature but is gradually becoming a standard in modern vehicles, reflecting its vital role in preventing collisions.
The integration of advanced sensors, AI algorithms, and adaptive braking systems in AEB has led to a significant reduction in rear-end collisions, saving lives and reducing repair costs.
The market is witnessing a surge in demand due to stricter safety regulations and consumer awareness, fostering a positive environment for AEB system manufacturers.

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Recent Industry Developments:

Continental AG: Continental AG has partnered with Qualcomm Technologies to develop advanced AEB systems based on the Snapdragon Ride Platform. These systems will offer enhanced performance, safety, and connectivity. Additionally, Continental AG has launched its new Artifex IVI platform, which integrates AEB functionality into a comprehensive in-vehicle infotainment system.

Robert Bosch GmbH: Robert Bosch GmbH has introduced its new ESP iBooster system, which combines electronic stability control (ESC) with AEB functionality. This integrated system provides comprehensive vehicle safety and stability enhancement. Additionally, Bosch has partnered with NVIDIA to develop next-generation AEB systems based on NVIDIA's Drive platform.

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