Press release
Shaping the Automatic Emergency Braking Market in 2025: Focus on Advanced Autonomous Emergency Braking Systems Drives Innovation In The Market
Automatic Emergency Braking Market
The automatic emergency braking market has expanded significantly in recent years. It is forecasted to grow from $38.64 billion in 2024 to $43.81 billion in 2025, with a CAGR of 13.4%. The past growth can be attributed to increasing traffic congestion, advancements in vehicle-to-vehicle communication, urbanization trends, the rise of vehicle electrification, and environmental considerations.
The automatic emergency braking market will also see rapid growth, reaching $71.56 billion by 2029 with a CAGR of 13.0%. Key factors driving growth include fleet management applications, the rise of electric vehicles (EVs), partnerships with original equipment manufacturers (OEMs), and a focus on fuel efficiency. Major trends include AI and machine learning integration, customized solutions, the expansion of autonomous emergency braking (AEB), focus on vulnerable road users, and pedestrian and cyclist detection development.
What Are the Primary Growth Drivers for the Automatic Emergency Braking Market?
The rising number of road accidents is expected to drive the growth of the automatic emergency braking (AEB) market. Road accidents refer to collisions involving moving vehicles that result in injury or death. The increasing number of accidents is driven by factors like distracted driving, higher vehicle speeds, and inadequate infrastructure. AEB systems help reduce accidents by automatically applying brakes to avoid or minimize collisions. In August 2022, the National Highway Traffic Safety Administration reported a 7% increase in fatalities from traffic accidents in the first quarter of 2022 compared to the same period in 2021. Therefore, the rise in road accidents is driving the automatic emergency braking market.
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Who Are the Dominant Companies Influencing Automatic Emergency Braking Market Trends?
Major companies operating in the automatic emergency braking market are Volkswagen AG, Toyota Motor Corporation, Ford Motor Company, Mercedes-Benz, General Motors Company, Bayerische Motoren Werke AG (BMW), Honda Motor Co. Ltd., Hyundai Motor Company, Robert Bosch GmbH, Hitachi Automotives Systems Ltd., Tesla Inc., Siemens AG, ZF Friedrichshafen AG, Denso Corporation, AB Volvo, Continental AG, Magna International Inc., AISIN SEIKI Co. Ltd., Valeo SA, Autoliv Inc., Mando Corporation, Mobileye Global Inc., Delphi Technologies
How Is the Automatic Emergency Braking Market Evolving?
Companies in the automatic emergency braking market are focusing on solutions like end-to-end technology to improve safety. Nio Inc., a Chinese car manufacturer, launched the Banyan 2.6.5 CN software update in July 2024, integrating AI into safety features such as automatic emergency braking (AEB) and navigation systems, enhancing the driving experience.
What Are the Different Segmentations in the Automatic Emergency Braking Market?
The automatic emergency braking market covered in this report is segmented -
1) By Type: Forward Collision Warning, Dynamic Brake Support, Crash Imminent Braking
2) By Brake: Disc, Drum
3) By Application: Passenger Vehicles, Commercial Vehicles
Subsegments:
1) By Forward Collision Warning: Radar-Based Forward Collision Warning, Camera-Based Forward Collision Warning, LiDAR-Based Forward Collision Warning
2) By Dynamic Brake Support: Dynamic Brake Assist for Pedestrian Detection, Dynamic Brake Assist For Vehicle Collision, Adaptive Brake Support For Various Speeds
3) By Crash Imminent Braking: Full Braking For Imminent Collisions, Partial Braking For Collision Mitigation, Pedestrian Impact Prevention
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Which Region Is at the Forefront of the Automatic Emergency Braking Market?
Asia-Pacific was the largest region in the automatic emergency braking market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automatic emergency braking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Automatic Emergency Braking Global Market Report?
- Market Size Analysis: Analyze the Automatic Emergency Braking Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automatic Emergency Braking Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automatic Emergency Braking Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automatic Emergency Braking Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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