Press release
Future Perspectives: Key Trends Shaping the Autonomous Emergency Braking System (AEBS) Market Until 2030
The autonomous emergency braking system (AEBS) market is on the brink of significant expansion, driven by technological innovations and regulatory mandates. As vehicle safety continues to be a paramount concern globally, this sector is set to witness remarkable growth and technological advancements over the coming years. Let's explore the market size projections, leading companies, key growth drivers, prevailing trends, and segmentation within the AEBS market.Projected Market Size and Growth Rate for the Autonomous Emergency Braking System Market Through 2030
The AEBS market is anticipated to experience rapid growth, reaching a valuation of $119 billion by the year 2030. This represents an impressive compound annual growth rate (CAGR) of 20.2%. Several factors contribute to this upward trend, including the implementation of stringent mandatory safety regulations, advancements in autonomous driving technology, improvements in AI-powered perception systems, a growing demand for collision avoidance solutions, and greater integration of AEBS with connected vehicle platforms. Key trends shaping this growth include expanded integration with advanced driver-assistance systems (ADAS), increasing adoption in commercial vehicles, enhanced sensor fusion technologies, development of high-speed AEBS variants, and software-based safety system upgrades.
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Top Companies Leading the Autonomous Emergency Braking System Market
The AEBS market features several prominent players driving innovation and market penetration. Leading companies in this space 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., Hella KGaA Hueck & Co., TRW Automotive Holdings Corp., Ficosa International SA, and Knorr-Bremse AG.
Key Drivers Supporting the Autonomous Emergency Braking System Market Expansion
One significant factor propelling the AEBS market is the growing focus on vehicle safety, with manufacturers emphasizing advanced technologies to improve response times and reduce accidents. The adoption of AI-driven solutions plays a central role in this progression, enabling systems that mimic human intelligence through machine learning and complex algorithms.
For example, in May 2024, US-based autonomous driving company PlusAI Inc. introduced PlusProtect, an AI-based safety platform designed for next-generation vehicles. This software includes features like automatic emergency braking, lane departure warnings, and traffic jam assistance. Equipped with self-calibrating sensors, it ensures continuous optimization of performance and accuracy. Such innovations support global Tier 1 suppliers and automakers in embedding cutting-edge safety capabilities into their products.
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Emerging Trends Accelerating Growth in the Autonomous Emergency Braking System Market
The integration of AI-based technologies is becoming increasingly prevalent as companies strive to deliver smarter, more reliable vehicle safety systems. These advancements enable better prediction of potential collisions and more precise interventions, enhancing overall road safety.
Additionally, the industry is witnessing a rise in collaborations between technology firms and OEMs to develop sensor fusion and software-driven improvements. These trends highlight the importance of continuous innovation and the adoption of high-speed AEBS systems, particularly for commercial vehicle applications where safety demands are critical.
Detailed Segmentation of the Autonomous Emergency Braking System Market
This market is categorized based on several key factors:
1) Product Type: including Low-speed Autonomous Emergency Braking System and High-speed Autonomous Emergency Braking System
2) Technology: divided into Crash Imminent Braking and Dynamic Brake Support
3) Vehicle Type: split between Passenger Vehicles and Commercial Vehicles
Further subcategories include:
- Low-speed AEBS: City Speed AEBS and Parking Assist AEBS
- High-speed AEBS: Highway Speed AEBS and Adaptive Cruise Control integrated with AEBS
These segments help manufacturers and suppliers tailor their offerings to specific operational needs and vehicle categories, optimizing safety performance and market reach.
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