Press release
Next-Gen Safety Systems: Autonomous Emergency Braking Market Forecast 2024
Autonomous Emergency Braking Market
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=6846&type=smp
According to The Business Research Company's, The autonomous emergency braking market size has grown rapidly in recent years. It will grow from $44.42 billion in 2023 to $52.18 billion in 2024 at a compound annual growth rate (CAGR) of 17.5%. The growth in the historic period can be attributed to environmental awareness, hybrid and electric vehicle adoption, government regulations on fuel efficiency, automotive industry competitiveness, rising awareness of road accidents.
The autonomous emergency braking market size is expected to see rapid growth in the next few years. It will grow to $96.63 billion in 2028 at a compound annual growth rate (CAGR) of 16.7%. The growth in the forecast period can be attributed to increased electric vehicle market, stricter emission standards, advancements in energy recovery systems, autonomous vehicle integration, consumer demand for sustainable technologies. Major trends in the forecast period include integration with advanced driver assistance systems (adas), development of pedestrian detection systems, use of artificial intelligence in emergency braking algorithms, expansion of aeb to commercial vehicles, standardization of aeb across automotive segments.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/autonomous-emergency-braking-global-market-report
Market Drivers and Trends:
The rising number of accidents is expected to propel the growth of the autonomous emergency braking market going forward. Accidents refer to any injury due to crashes involving a vehicle partially or fully on a public road. Autonomous emergency braking assists in recognizing when a potential collision is likely to happen and reacts by automatically applying the brakes to slow a vehicle down before impact or bring it to a stop to avoid a collision. For Instance, in January 2022, according to the Times of India, an Indian daily newspaper, road crashes rise by 10% in 2021, and over 400 died in accidents. The number of road accidents was 796 in 2020 which had increased to 874 in 2021. The number of fatal road accidents in 2020 was 347 which increased to 389 in 2021. Also, in 2020 375 people died in fatal road accidents which was increased to 409 in 2021. Therefore, the rising number of accidents is driving the growth of the autonomous emergency braking market.
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Mobileye NV, Autoliv Inc., Hyundai Mobis Co Ltd., Aisin Corporation, Hitachi Automotive Systems Pvt Ltd., Mando Corporation, Tesla Inc., Magna International Inc., DENSO Corporation, Valeo SA, General Motors Company, Delphi Technologies plc, Aptiv plc, WABCO Holdings Inc., Panasonic Corporation, Hella KGaA Hueck & Co., TRW Automotive Holdings Corp., Ficosa International SA, Knorr-Bremse AG, Bosch Rexroth AG, Zhejiang VIE Science & Technology Co Ltd., Autotalks Ltd., Cohda Wireless Pty Ltd., NXP Semiconductors NV, Texas Instruments Incorporated, STMicroelectronics NV, Infineon Technologies AG
Autonomous Emergency Braking Market 2024 Key Insights:
• The autonomous emergency braking market size is expected to see rapid growth in the next few years. It will grow to $96.63 billion in 2028 at a compound annual growth rate (CAGR) of 16.7%.
• Addressing The Surge In Accidents With The Autonomous Emergency Braking Market
• Pioneering The Future With Innovative Product Offerings In The Autonomous Emergency Braking Market
• Asia-Pacific was the largest region in the autonomous emergency braking market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=6846&type=smp
"
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Next-Gen Safety Systems: Autonomous Emergency Braking Market Forecast 2024 here
News-ID: 3739768 • Views: …
More Releases from The Business research company
Low Temperature Powder Coatings Global Market Insights: Growth Drivers, Size & F …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Forecasted Market Growth Rate of the Low Temperature Powder Coatings Industry?
The market for low temperature powder coatings has witnessed a consistent expansion in the recent past. The market, which was valued at $0 billion in 2024, is projected to remain at $0 billion in 2025, with a…
Rhizobium Bacteria Fertilizers Market Expansion Outlook: $3.33 Billion in 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Rhizobium Bacteria Fertilizers Market from 2024 to 2025?
There has been a significant increase in the market size of the rhizobium bacteria fertilizers in recent times. The market is set to rise from $2.16 billion in 2024 to $2.3 billion in 2025, exhibiting a compound…
Future of Polyurethane Sealants (PU) Market: Size, Share & Forecasts to 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Polyurethane Sealants (PU) Market by 2025?
The market size of polyurethane sealants (pu) has seen a consistent increase over recent years. Its growth is projected to swell from $3.02 billion in 2024 to $3.13 billion in 2025, indicating a compound annual growth…
Phytosterols Industry to See Robust Expansion, Valued at $1.86 Billion by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Phytosterols Market from 2024 to 2025?
The market for phytosterols has seen notable expansion in the past few years. It's projected to increase from $1.1 billion in 2024 to $1.2 billion in 2025, a compound annual growth rate (CAGR) of 8.9%. This significant growth during…
More Releases for Autonomous
Autonomous a2z Surpasses 310,000 Miles in Urban Autonomous Driving
Image: https://www.getnews.info/uploads/a6d18c1130baedcbc75eef61f83ee2be.jpg
In Seoul, South Korea, Autonomous a2z, a company globally recognized in the autonomous driving sector, announced on August 16 that it had achieved a significant milestone: a cumulative urban autonomous driving distance of over 310,000 miles. This achievement marks the longest recorded distance for urban autonomous driving in South Korea, reaching the milestone just seven months after surpassing 250,000 miles in January.
This entire record was achieved on urban roads,…
The Road Ahead : Navigating the Semi-Autonomous & Autonomous Bus Market
According to a new report published by Allied Market Research, titled, "Semi-Autonomous & Autonomous Bus Market," The semi-autonomous & autonomous bus market is expected to be valued at $791.2 million in 2025, and is estimated to reach $2,904.1 million by 2035, growing at a CAGR of 14.6% from 2026 to 2035.
Europe region is expected to dominate the semi-autonomous & autonomous bus market in terms of revenue, followed by North America,…
Semi-Autonomous & Autonomous Truck Market Next Big Thing | Prominent Companies
Semi-autonomous and autonomous trucks control all the safety functions on their own as they sense the driving conditions of the surrounding. Semi-autonomous trucks are operated in longer distance with less human effort. Semi-autonomous trucks help the driver to regain controls by providing sufficient transition time. In addition, trucks can help reduce traffic congestion, leading to efficient delivery of goods and services. Furthermore, autonomous driving technology helps to reduce errors made…
Autonomous Tractor Market Growth by 2027| AGCO, Autonomous Solutions, Autonomous …
The "Global Autonomous Tractor Market Analysis to 2027" is a specialized and in-depth study of Automotive and Transportation industry with a special focus on the global Autonomous Tractor Market trend analysis. The report aims to provide an overview of the Autonomous Tractor Market with detailed market segmentation by components and by application. The global autonomous tractor market is expected to witness high growth during the forecast period. The report provides…
Autonomous Tractor Market Growth by 2027| AGCO, Autonomous Solutions, Autonomous …
The "Global Autonomous Tractor Market Analysis to 2027" is a specialized and in-depth study of Automotive and Transportation industry with a special focus on the global Autonomous Tractor Market trend analysis. The report aims to provide an overview of the Autonomous Tractor Market with detailed market segmentation by components and by application. The global autonomous tractor market is expected to witness high growth during the forecast period. The report provides…
Autonomous Tractors Market Key Players| AGCO Corporation, Autonomous Solutions, …
A Comprehensive research study conducted by KD Market Insights on " Autonomous Tractors Market - by Component (Sensor, GPS, Vision System, and Others) and Application (Tillage, Harvesting, Irrigation, Seed Sowing, Spraying, and Fertilizing) - Global Opportunity Analysis and Industry Forecast, 2018-2025 " report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. The Autonomous Tractors Market report includes market size, growth drivers, barriers, opportunities, trends and other information which…
