Press release
Autonomous Emergency Braking Market is Expected to Reach USD 101.04 Billion by 2030
Data Bridge Market Research analyses that the autonomous emergency braking market is expected to reach USD 101.04 billion by 2030, which is USD 35.67 billion in 2022, at a CAGR of 13.90% during the forecast period.
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Market Overview:
It has been witnessed that there is a persistent rise in the number of road accidents globally. For Instance, according to the Times of India in January 2022, road crashes increase by 10% in 2021, and over 400 people died in crashes or accidents. The number of road accidents was around 796 in 2020 which had augmented to around 874 in 2021. The number of deadly road accidents in 2020 was 347 which augmented to 389 in 2021. Furthermore, in 2020 around 375 people died in fatal road accidents which were augmented to around 409 in 2021. Thus, the increasing number of accidents enhances the demand for the autonomous emergency braking in the global market.
Some of the major players operating in the Autonomous Emergency Braking market are Robert Bosch GmbH (Germany), BorgWarner Inc. (U.K.), Mercedes-Benz Group AG (Germany), Continental AG (Germany), Valeo (France), ZF Friedrichshafen AG (Germany), Tesla (U.S.), Magna International Inc, (Canada), Waymo LLC (U.S.), BMW (Germany), Texas Instruments Incorporated. (U.S.), General Motors (U.S.), Audi AG (Germany), NXP Semiconductor (Netherlands). Ford Motor Company (U.S.), Volkswagen (Germany), Toyota Kirloskar Motor (India), DENSO Corporation (Japan) among others.
Global Autonomous Emergency Braking Market Scope
The autonomous emergency braking market is segmented based on the brake, system, technology and vehicle. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Brake
Disc
Drum
System
Low Speed AEB System
Higher Speed AEB System
Pedestrian AEB System
Technology
Crash Imminent Braking
Dynamic Brake Support
Forward Collision Warning
Vehicle
ICE
Electric
Hybrid Vehicle
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About Data Bridge Market Research:
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
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