Press release
Key Trend Reshaping the Autonomous Emergency Braking Market in 2025: Strategic Partnerships Driving Innovation In The Autonomous Emergency Braking Market
What industry-specific factors are fueling the growth of the autonomous emergency braking market?The increase in accidents is anticipated to spur the expansion of the autonomous emergency braking market. The term 'accidents' covers all injuries resulting from crashes involving a vehicle partially or fully on public roads. Autonomous emergency braking aids in identifying potential collision situations and responds by automatically engaging the brakes to slow the vehicle prior to impact or even bringing it to a halt to prevent a crash. For instance, as reported by the Times of India, a daily Indian newspaper, in January 2022, road accidents rose by 10% in 2021, leading to over 400 fatalities. The road accident count rose from 796 in 2020 to 874 in 2021. The number of fatal road accidents likewise increased from 347 in 2020 to 389 in 2021. Furthermore, fatalities in these severe accidents also saw a rise from 375 in 2020 to 409 in 2021. Consequently, the surge in accidents propels the growth of the autonomous emergency braking market.
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What Is the projected market size and growth rate for the autonomous emergency braking market?
The market size for autonomous emergency braking has seen a tremendous expansion in the past few years. The market is expected to expand from $51.51 billion in 2024 to $60.18 billion in 2025, with a compound annual growth rate (CAGR) of 16.8%. The growth observed in the historical period is due to factors such as environmental consciousness, the adoption of hybrid and electric vehicles, government policies on fuel economy, competitiveness in the automotive industry, and increased awareness about road accidents.
In the coming years, the autonomous emergency braking market is projected to experience accelerated expansion. By 2029, its worth is predicted to reach $111.65 billion, with a compound annual growth rate (CAGR) of 16.7%. This growth during the forecast period is mainly due to factors such as a booming electric vehicle market, more stringent emission guidelines, progress in energy recuperation systems, integration of autonomous vehicles, and consumer interest in eco-friendly technologies. Key trends for the forecast period consist of the incorporation with advanced driver assistance systems (ADAS), the creation of pedestrian recognition systems, application of artificial intelligence in emergency braking systems, the inclusion of AEB in commercial vehicles, and the standardization of AEB across all automotive sectors.
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What new trends are reshaping the autonomous emergency braking market and its opportunities?
Prominent firms in the autonomous emergency braking market are opting for strategic collaborations to craft, cultivate and construct pioneering brake products. The term 'strategic partnership' implies a process where enterprises maximize each other's intrinsic value and resources for joint benefits and prosperity. For instance, Brakes India, an Indian native braking systems producer, allied with ADVICS, an autonomous emergency braking systems architect from Japan, in June 2024. The novel joint venture, a greenfield project, will be initiated with an infusion of greater than INR 500 crore. Brakes India will maintain a 51% share, while ADVICS will acquire 49%. Located in the southern part of India, the enterprise is predicted to generate over 300 employment opportunities in the forthcoming years. The objective of this coalition is to amalgamate Brakes India's local expertise and customer contacts with ADVICS's top-of-the-line worldwide technology and quality mechanisms.
What major market segments define the scope and growth of the autonomous emergency braking market?
The autonomous emergency braking market covered in this report is segmented -
1) By Vehicle Type: Passenger Cars, Commercial Vehicles
2) By Brake Type: Disc, Drum
3) By Technology: Crash Imminent Braking, Dynamic Braking Support
4) By System: Low Speed AEB System, Higher Speed AEB System, Pedestrian AEB System
Subsegments:
1) By Passenger Cars: Compact Cars, Sedans, SUVs, Electric Vehicles (EVs)
2) By Commercial Vehicles: Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Buses, Trucks
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Which region dominates the autonomous emergency braking market?
Asia-Pacific was the largest region in the autonomous emergency braking market in 2024. The regions covered in the autonomous emergency braking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the autonomous emergency braking industry growth?
Major companies operating in the autonomous emergency braking market include 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
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What Is Covered In The Autonomous Emergency Braking Global Market Report?
•Market Size Forecast: Examine the autonomous emergency braking market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the autonomous emergency braking market for a structured understanding.
•Key Players Overview: Analyze major players in the autonomous emergency braking market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the autonomous emergency braking market.
•Segment Contributions: Evaluate how different segments drive overall growth in the autonomous emergency braking market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the autonomous emergency braking market.
•Industry Challenges: Identify potential risks and obstacles affecting the autonomous emergency braking market.
•Competitive Landscape: Review strategic developments in the autonomous emergency braking market, including expansions, agreements, and new product launches.
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