Press release
Global Automotive Advanced Emergency Braking (AEB) System Market Will Grow Steadily At A CAGR Of 10.68% During The Period 2016-2020
Researchmoz added Most up-to-date research on "Global Automotive Advanced Emergency Braking System Market 2016-2020" to its huge collection of research reports.The braking system forms a fundamental part of the vehicle along with the engine, powertrain, and vehicle body. Started as a mechanical device in the vehicle, the system aids in slowing or stopping the vehicle by means of friction. Since the invention of commercially viable automobiles in the late 1920s, technological advances have evolved the vehicle into a much safer, comfortable, and eco-friendly experience. Vehicles have now become more than just a means of transportation. Innovations and developments have made vehicles more powerful and intelligent with the rapid adoption of electronics that can self-learn to adapt with real-time driving situations. Automobiles of toady boast of more electronics than mechanical parts and components with an average hatchback consisting of over 35%-40% electronic components in 2015 and we expect this to rise to over 60% by 2020. With rapid acceleration in technological development, the automotive braking industry is experiencing a gradual shift from mechanical to hydraulic braking, which is now rapidly shifting to electronically-controlled braking systems.
Technavios analysts forecast the global automotive advanced emergency braking (AEB) system market to grow at a CAGR of 10.68% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global automotive advanced emergency braking (AEB) system market for 2016-2020. To calculate the market size, the report considers a top-down approach is used, where the market is derived from the overall AEB system application volume.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Latest report, Global Automotive Advanced Emergency Braking (AEB) System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Bosch
Continental AG
Delphi
ZF-TRW
Other prominent vendors
Autoliv
Mobileye
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Market driver
Insurance providers playing a catalyst for AEB growth
For a full, detailed list, view our report
Market challenge
Challenges in the field of refinement and accuracy of advance braking technologies
For a full, detailed list, view our report
Market trend
Advanced braking technologies laying foundation for future of autonomous vehicles
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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