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A Deep Dive into Automotive Autonomous Emergency Braking System Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Automotive Autonomous Emergency Braking System Market Size
The upward trend in road mishaps is projected to fuel the expansion of the automotive autonomous emergency braking system market. A road mishap or accident typically involves vehicles, pedestrians, cyclists, or other road users on highways or roads, leading to damage, personal injury or even fatalities. Increasing instances of such accidents are triggered due to reasons like distracted or impaired driving, speeding, exhaustion, deteriorating road conditions, hostile weather, escalating traffic, and unchecked aggression while driving. To prevent or at least ease the brunt of these accidents, automotive autonomous emergency braking systems come into play as they press the vehicle's brakes to skirt around collisions or reduce their harshness during grave circumstances. For instance, Transport.ec.europa.eu, a Belgium-based transport and mobility website in March 2024 made known that in 2023, around 20,400 people lost their lives in road crashes in the EU, and over 2,000 cyclists died in 2022, pointing to a troubling situation. Moreover, in Bulgaria, road fatalities per million populace saw a 4% increase in 2023 in comparison to 2022. Thus, the escalating frequency of accidents is propelling the growth of the automotive autonomous emergency braking system market.
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What is the future CAGR of the automotive autonomous emergency braking system market, and how will it impact industry expansion?
There has been a significant expansion in the market size of the automotive autonomous emergency braking system in recent times. Its market size is projected to rise from $26.53 billion in 2024 to $33.03 billion in 2025, indicating a compound annual growth rate (CAGR) of 24.5%. Factors such as heightened safety regulations, burgeoning consumer consciousness, evolutions in the industry, shifts in the automotive sector, and reductions in insurance premiums have contributed to this growth during the historic period.
In the coming years, significant expansion is anticipated in the automotive autonomous emergency braking system sector. The market is expected to burgeon to $78.48 billion in 2029, with a compound annual growth rate (CAGR) of 24.2%. Factors such as global safety norms, growing customer demand, continual enhancements in technology, increased vehicle sales, and insurance incentives are all contributing to this predicted growth for the forecast period. Main trends during the forecast period include incorporating advanced driver assistance systems (ADAS), branching into commercial vehicles, creation of multi-sensor fusion systems, improved detection of pedestrians and cyclists, and integration with vehicle-to-everything (V2X) communication.
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What are the emerging trends shaping the future of the automotive autonomous emergency braking system market?
Leading entities in the automotive autonomous emergency braking system market are concentrating on evolving technology, such as improved sensor integration, AI-based braking systems, and sophisticated driver-assistance features to enhance vehicle safety by avoiding crashes and lessening the severity of accidents in a variety of driving situations. Technologies designed to boost safety and driver convenience in vehicles, such as collision avoidance, lane maintenance, adaptive speed control, and automated braking, represent advanced driver-assistance capabilities. For example, in April 2024, Mobileye Global Inc., an autonomous driving firm from Israel, introduced its EyeQ6 Lite system-on-chip (SoC), aimed at augmenting the advanced driver-assistance systems (ADAS) in vehicles expected to be launched that year. The EyeQ6 Lite is a mainstream product destined to empower advanced driver-assistance systems (ADAS) in vehicles with features like lane adjustments and automated cruise control. It boasts two CPU cores, five accelerators, and an 8-megapixel camera offering a 120-degree field of view.
Which key market segments comprise the automotive autonomous emergency braking system market and drive its revenue growth?
The automotive autonomous emergency braking system market covered in this report is segmented -
1) By System: Low-Speed Autonomous Emergency Braking System, High-Speed Autonomous Emergency Braking System
2) By Technology: Light Detection And Ranging (LiDAR), Radar, Camera
3) By Vehicle Type: Passenger Car, Commercial Vehicle
Subsegments:
1) By Low-Speed Autonomous Emergency Braking System: Urban Or City Traffic AEB, Parking AEB, Pedestrian Detection AEB, Low-Speed Collision Prevention AEB
2) By High-Speed Autonomous Emergency Braking System: Highway AEB, Adaptive Cruise Control AEB, Rear-End Collision Prevention AEB, Automatic Emergency Braking For Vehicles, Inter-Vehicle Distance AEB
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What regions are at the forefront of automotive autonomous emergency braking system market expansion?
North America was the largest region in the automotive autonomous emergency braking system market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive autonomous emergency braking system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the automotive autonomous emergency braking system market?
Major companies operating in the automotive autonomous emergency braking system market are Hyundai Motor Company, Robert Bosch GmbH, Hitachi Ltd., Panasonic Corporation, Denso Corporation, AB Volvo, ZF Friedrichshafen AG, Continental AG, Mitsubishi Electric Corporation, Aisin Seiki Co. Ltd., NVIDIA Corporation, Subaru, Valeo SA, Texas Instruments Incorporated, Aptiv PLC, TRW Automotive Holdings Corp., Infineon Technologies AG, NXP Semiconductors N.V., Renesas Electronics Corporation, Autoliv Inc., Hella GmbH & Co. KGaA, Gentex Corporation, Delphi Automotive PLC, Magneti Marelli S.p.A.
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What Is Covered In The Automotive Autonomous Emergency Braking System Global Market Report?
• Market Size Forecast: Examine the automotive autonomous emergency braking system market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automotive autonomous emergency braking system market for a structured understanding.
• Key Players Overview: Analyze major players in the automotive autonomous emergency braking system market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive autonomous emergency braking system market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automotive autonomous emergency braking system market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive autonomous emergency braking system market.
• Industry Challenges: Identify potential risks and obstacles affecting the automotive autonomous emergency braking system market.
• Competitive Landscape: Review strategic developments in the automotive autonomous emergency braking system market, including expansions, agreements, and new product launches.
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