Press release
Anti-Lock Braking System and Electronic Stability Control System Market Trends and Segments 2015-2025
Manufacturing vehicles with new design, hi-tech innovation, fuel efficiency and enhanced safety are the major challenges for automakers today. Need for extra comfort driving and active safety features has resulted in evolution of anti-lock braking system (ABS) and electronic stability control system (ECS). The ABS and ECS active safety systems are mainly used for reducing accidents and mitigating its impact.
Drivers for Anti-Lock Braking System and Electronic Stability Control System Market
Rising safety concern all over the world is shifting consumer preference to look for active safety systems like ABS and ESC. ABS is an active type of safety system which prevents the wheels from ceasing rotation and avoids uncontrolled skidding. The main application of ABS system is improve vehicle control and decrease the stopping distances on slippery and dry surfaces.
Automakers are also demonstrating the application and advantage of this technology through several media platform to increase awareness together with making it as differentiating factor. Increased acceptance of ABS by original equipment manufacturers (OEMs) and by customers across the globe has resulted into pushing ABS capability upward by frequent up gradation such as electronically control of the front-to-rear brake bias. Additionally, the capability of ABS can be enhanced by implementing traction control system, electronic brake force distribution (EBD) and electronic stability control.
Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-436
In order to minimize the loss of steering control, ESC system is used. ECS is set of sensor devices and software also known also referred to as dynamic stability control (DSC) or electronic stability program (ESP). In Europe and United States the government has mandate use of ABS and ESC system in all new passenger cars.
Anti-Lock Braking System and Electronic Stability Control System Market Segmentation
The global anti-lock braking system (ABS) and electronic stability control system (ECS) market is expanding rapidly due to various factors, such as stringent government norms related to safety and consumer preferences shifting to new technology advancement and active safety features.
Regional Outlook on Anti-Lock Braking System and Electronic Stability Control System Market
The global anti-lock braking system (ABS) and electronic stability control system (ECS) market can be segmented as vehicle type, channel type, product type and geographical regions. The global anti-lock braking system (ABS) and electronic stability control system (ECS) market is geographically sub-segmented into seven key regions namely North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. In 2013, North America accounted for largest share in global anti-lock braking system (ABS) and electronic stability control system (ECS) market, followed by Europe and Asia Pacific region respectively. In terms of growth rate Asia Pacific is the highest growing market with double digit CAGR, followed by Japan and South Korea. The growth in Asia Pacific segment of the global anti-lock braking system (ABS) and electronic stability control system (ECS) market is fueled by increasing penetration rate of ABS and ECS in region like China and India due to supporting macroeconomic factors such as rising income and purchasing power, changing lifestyle to due growing urbanization and increasing awareness of active safety systems. Additionally countries like Japan and South Korea is also forecast to register significant growth in demand for ABS and ESC system and is expected to account for double digit growth in terms of revenue in the global anti-lock braking system (ABS) and electronic stability control system (ECS) market due to stringent government legislations and safety norms.
Visit For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-436
Key Players in the Anti-Lock Braking System and Electronic Stability Control System Market
The global anti-lock braking system (ABS) and electronic stability control system (ECS) market is fragmented with number of global and local player. Some of the key players in the global anti-lock braking system (ABS) and electronic stability control system (ECS) market are Autoliv Inc., Contenental Ag, Delphi Automotive Plc, Denso Corporation, Robert Bosch GMBH and TRW Automotive.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way,
Suite 2-9018,
Valley Cottage,
New York 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
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 Anti-Lock Braking System and Electronic Stability Control System Market Trends and Segments 2015-2025 here
News-ID: 340357 • Views: …
More Releases from FMI Ltd
IT Software and Services Market: Russian Industry Analysis and Opportunity Asses …
The market is expected to register a strong growth of 7.2% in its CAGR during the projected period to reach US$ 8,628.2 million by 2020. Both the IT software and services segments made considerable contribution to the overall growth of Russian IT market in the European region. Increased e-government and e-banking initiatives by governments and banks are some of the prominent factors driving the demand for IT software and services…
Global IoE (Internet of Everything) Market to Witness a 16.4% CAGR from 2014 to …
“Proliferation of connected devices, increased technology budgets by leading countries such as Finland and Singapore, and rising uptake of ICT goods, particularly in the Asia-Pacific region, will accelerate the growth of the global IoE market. Further, explosion of big data and a growing need for enhanced customer experience in public, telecom and media, and banking, financial services and insurance (BFSI) sectors are likely to increase the adoption of IoE solutions…
Smart Fitness Market Report Now Available at Top Global Research Firm
The market is expected to register a strong growth of 24.6% in its CAGR during the projected period to reach US$ 9,525.6 million by 2020. Thesmart fitnesscomponentsuch as smart accessories, strength training equipment and cardiovascular equipment made considerable contribution to the overall growth of smart fitness devices market across regions. Increased consumer spending on smart accessories and growing health concerns are some of the prominent factors driving the demand for…
IT Software and Service Market: Poland Industry Analysis and Opportunity Assessm …
The Poland IT software and service market is driven by factors such as changing consumer buying pattern, advanced technology adoption, and product innovation through mergers and acquisition. Further, presence of cloud computing, digital transformation and, enterprise mobility are expected to accelerate the Poland IT software & services market growth in the near future.
The Poland IT software and service market mainly represents two segments that includes software and services. In 2013,…
More Releases for ABS
Tactical Abs Toner Reviews 2023: Read This Tactical Abs Toner Review Before Buyi …
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 enhance…
Tactical X Abs Stimulator Reviews - Does Tactical X Abs Stimulator Work? What Th …
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 to…
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 Muscle…
Tactical Abs Toner Review 2023 (Tactical Abs Toner Must Read!) : Shocking Price …
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 help…
Global Extruded ABS Market Size, by Type (Four-channel, four-sensor ABS, Three-c …
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 Copy…
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 ABS…
