Press release
Surging Demand for Luxury Vehicles Fuels Growth in the Autonomous Emergency Braking System (AEBS) Market Driver: Leading Transformation in the Autonomous Emergency Braking System AEBS Market in 2025
Surging Demand
The autonomous emergency braking system (AEBS) market is expanding rapidly, set to grow from $38.47 billion in 2024 to $47.8 billion in 2025, at a CAGR of 24.3%. Growth factors include strict safety regulations, increasing vehicle safety awareness, insurance premium incentives, partnerships with safety organizations, and a focus on pedestrian and cyclist protection.
The autonomous emergency braking system (AEBS) market is expected to grow exponentially, reaching $101.64 billion by 2029 at a CAGR of 20.8%. Growth is driven by the global harmonization of safety standards, the integration into autonomous vehicle ecosystems, mandatory safety ratings, urbanization, and insurance industry collaboration. Key trends include the integration of advanced sensor technologies, adoption of AI algorithms, cyclist detection and avoidance, and vehicle-to-everything (V2X) communication.
What Is Driving the Growth Trajectory of the Autonomous Emergency Braking System AEBS Market?
The rising demand for luxury vehicles is anticipated to drive the expansion of the autonomous emergency braking system (AEBS) market in the future. Luxury vehicles, known for their high-end features, superior comfort, and premium materials, often come equipped with advanced safety technologies like autonomous emergency braking systems that enhance security by automatically applying brakes in critical situations. For example, BMW AG, a luxury automaker based in Germany, reported a rise of 11.5% in U.S. sales during Q2 2023 compared to the same period in 2022, reaching 87,948 vehicles sold. In addition, luxury vehicle sales in the U.S. reached 18.2% of overall sales in November 2022, up from 17.8% in October 2022, according to Cox Automotive. As a result, the growing demand for luxury cars is driving the AEBS market's growth.
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Which Leading Companies Are Shaping the Growth of the Autonomous Emergency Braking System AEBS Market?
Major companies operating in the autonomous emergency braking system (aebs) market report are General Motors Company, Mitsubishi Electric Corporation, Robert Bosch GmbH, Hitachi Ltd., DENSO Corporation, ZF Friedrichshafen AG, Continental AG, Hyundai Mobis Co. Ltd., Magna International Inc., Aisin Corporation, PACCAR Inc., Faurecia SE, Toshiba Corporation, Valeo SA, Aptiv PLC, Nidec Automotive Components, BorgWarner Inc., Samsung SDI, Infineon Technologies AG, Renesas Electronics Corporation, Autoliv Inc., NSK Ltd., Knorr-Bremse AG, HL Mando Corporation, Calsonic Kansei Corporation, WABCO Holdings Inc., Cepton Technologies Inc
What Are the Major Trends Shaping the Autonomous Emergency Braking System AEBS Market?
In the autonomous emergency braking system (AEBS) market, companies are focusing on AI-based technologies to improve vehicle safety. AI-based systems simulate human intelligence to enhance vehicle response times. For example, PlusAI Inc., a US-based autonomous driving technology company, launched PlusProtect in May 2024, an AI-driven software designed to improve safety systems for various vehicle types. This software integrates features like automatic emergency braking, lane departure warnings, and traffic jam assistance, offering self-calibrating sensors for optimal performance.
What Are the Key Segments of the Autonomous Emergency Braking System AEBS Market?
The autonomous emergency braking system (AEBS) market covered in this report is segmented -
1) By Product Type: Low-speed Autonomous Emergency Braking System, High-speed Autonomous Emergency Braking System
2) By Technology: Crash Imminent Braking, Dynamic Brake Support
3) By Vehicle Type: Passenger Vehicle, Commercial Vehicle
Subsegments:
1) By Low-speed Autonomous Emergency Braking System: City Speed AEBS, Parking Assist AEBS
2) By High-speed Autonomous Emergency Braking System: Highway Speed AEBS, Adaptive Cruise Control With AEBS
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Which Region Dominates the Autonomous Emergency Braking System AEBS Market?
North America was the largest region in the autonomous emergency braking system (AEBS) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the autonomous emergency braking system (aebs) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Autonomous Emergency Braking System AEBS Global Market Report?
- Market Size Analysis: Analyze the Autonomous Emergency Braking System AEBS Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Autonomous Emergency Braking System AEBS 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 Autonomous Emergency Braking System AEBS Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Autonomous Emergency Braking System AEBS Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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