Press release
Autonomous Emergency Braking System (AEBS) Market Growth to be Driven by Emerging Trends | $99.15 Billion by 2029
Autonomous Emergency Braking System (AEBS)
What is the Projected Market Size of the Autonomous Emergency Braking System (AEBS) Industry?
The market size of the autonomous emergency braking system (aebs) has seen a tremendous surge in growth in the past few years. The market is predicted to inflate from $38.47 billion in 2024 to $47.26 billion in 2025, showing a compound annual growth rate (CAGR) of 22.9%. Factors such as rigorous safety regulations, a heightened appreciation for vehicle safety, incentives for reduced insurance premiums, partnerships with automotive safety organizations, and an emphasis on the safety of pedestrians and cyclists, have all contributed to the growth seen in the historical period.
What Will Be the Size of the Autonomous Emergency Braking System (AEBS) Market by 2029?
Significant expansion is anticipated in the autonomous emergency braking system (aebs) market over the coming years, with estimation predicting a market worth of $99.15 billion by 2029, along with a compound annual growth rate (CAGR) of 20.3%. The projected surge over this forecast period could be credited to several factors including the global synchronization of safety norms, their incorporation into the autonomous vehicle systems, obligatory participation in vehicle safety evaluations, urbanization and management of congestion, along with partnerships within the insurance industry. Key trends expected throughout this timeline include the amalgamation with advanced sensor technologies, utilization of artificial intelligence (ai) algorithms, improved identification and evasion of cyclists, and the integration of vehicle-to-everything (v2x) communication.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/autonomous-emergency-braking-system-aebs-global-market-report
What Are the Key Drivers Accelerating Growth in the Autonomous Emergency Braking System (AEBS) Market?
The autonomous emergency braking system (AEBS) market is predicted to grow due to the skyrocketing demand for luxury automobiles. Luxury vehicles, renowned for their exceptional comfort, high-tech features, and premium materials, offer a prestigious and plush driving journey. These posh vehicles usually integrate cutting-edge autonomous emergency braking systems, prioritizing the safety of the driver and passengers by automatically stopping the car during critical situations. For instance, the financial statements of the German luxury car producer, BMW AG, revealed an 11.5% increase in BMW's U.S. sales in the second quarter (Q2) of 2023 compared to the same period the previous year. In Q2 2023, BMW's U.S. sales added up to 87,948 vehicles, marking an increase of 11.5% over the 78,905 vehicles sold in Q2 2022. Furthermore, according to Cox Automotive, a US-based auto services firm, the proportion of luxury vehicles in total sales increased to 18.2% in November 2022 from 17.8% in October 2022, maintaining a historically high level. Consequently, the growth of the autonomous emergency braking system (AEBS) market is fueled by the rising demand for luxury automobiles.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13382&type=smp
How Is the Autonomous Emergency Braking System (AEBS) Market Segmented by Type, Application, and Region?
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
What Are the Key Trends Driving Growth in the Autonomous Emergency Braking System (AEBS) Market?
Key industry players in the autonomous emergency braking system (AEBS) market are prioritizing the development of cutting-edge technologies, such as those based on artificial intelligence (AI), to improve vehicular safety and responsiveness. AI-based technology implies the application of algorithms and machine learning methodologies to allow systems to mimic human intelligence. As an example, PlusAI Inc., an autonomous driving technology organization based in the US, introduced PlusProtect in May 2024. PlusProtect is an AI-driven technology designed to amplify next-generation safety systems within various kinds of vehicles. This progressive software encompasses features like automatic emergency braking (AEB), lane departure alerts, and traffic congestion assistance. It includes self-regulating sensors that continually adapt to maintain precise measurements and performance. This ground-breaking software aims to assist global Tier 1 automotive suppliers and vehicle manufacturers in incorporating superior safety attributes into their products.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=13382&type=smp
Who Are the Leading Companies Driving Growth in 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
Which Is the Leading Region in the Global 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.
Connect with 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.
Reach Out to Us
Speak With Our Expert:Saumya Sahay,
Americas +1 310-496-7795,
Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267,
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Autonomous Emergency Braking System (AEBS) Market Growth to be Driven by Emerging Trends | $99.15 Billion by 2029 here
News-ID: 4174980 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for AEB
Autonomous Emergency Braking (AEB) System Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Autonomous Emergency Braking (AEB) System Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
The Autonomous Emergency Braking (AEB) system market is experiencing significant growth due to increasing demand for vehicle safety and advancements in autonomous…
AEB Active Safety System Market 2023 Precise Outlook
The latest study released on the global AEB Active Safety System Market evaluates market size, trend, and forecast to 2029. The AEB Active Safety System market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Our…
Will Favorable Safety Regulations Drive Automatic Emergency Braking (AEB) Market …
Rising significance of both the occupant and the non-occupant safety will fuel automatic emergency braking (AEB) market share over the forecast timeframe. Common incidences of distracted driving due to mobile phone usage, unsafe road infrastructure and over speeding have contributed significantly towards road accidents.
As per the reports by the World Health Organization, road traffic injuries were considered as the major cause of death worldwide in 2018. AEB systems are…
Autonomous Emergency Braking (AEB) System Market Professional Analysis Report 20 …
AEB system is an active safety system that is incorporated in vehicles for automatic braking without the involvement of the driver. AEB system helps in avoiding collisions with other vehicles or pedestrians.
Passenger Vehicles (PV) are projected to lead the market of autonomous emergency braking (AEB) system by vehicle type, in terms of value. Higher safety concerns among passenger car users and larger volume of passenger vehicles versus commercial vehicles have…
Automatic Emergency Braking (AEB) Market 2017- Bosch, Continental, Denso
Marketreports.biz, recently published a detailed market research study focused on the "Automatic Emergency Braking (AEB) Market" across the global, regional and country level. The report provides 360° analysis of "Automatic Emergency Braking (AEB) Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Automatic Emergency Braking (AEB) industry, and estimates the future…
Autonomous Emergency Braking (AEB) Market 2017- Bosch, Continental, Denso
Marketreports.biz, recently published a detailed market research study focused on the "Autonomous Emergency Braking (AEB) Market" across the global, regional and country level. The report provides 360° analysis of "Autonomous Emergency Braking (AEB) Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Autonomous Emergency Braking (AEB) industry, and estimates the future…
