Press release
In-Depth Examination of Segments, Industry Trends, and Key Competitors in the Autonomous Emergency Braking Market
The autonomous emergency braking market is poised for substantial growth as vehicle safety technology advances and regulatory demands increase. With innovations in sensors, AI, and system integrations, this sector is set to transform how vehicles prevent collisions and protect passengers. Here's an in-depth look at the market's size, key players, emerging trends, and segment breakdown.Projected Market Value and Growth Rate of the Autonomous Emergency Braking Market
The autonomous emergency braking market is expected to expand significantly, reaching a valuation of $125.37 billion by 2030. This growth represents a strong compound annual growth rate (CAGR) of 16.1%. Several factors are driving this upward trend, including the enforcement of mandatory AEB regulations, the growing integration of autonomous vehicle technologies, a decrease in sensor costs, advancements in AI safety validation, and the adoption of comprehensive global vehicle safety standards. Key trends influencing the market include the widespread deployment of sensor-based braking systems, increased use of AI for collision detection, broader application of AEB in commercial vehicles, enhanced pedestrian detection technologies, and the push toward standardizing safety features across vehicle models.
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Leading Players Dominating the Autonomous Emergency Braking Market
The market landscape features several prominent companies steering innovation and production in autonomous emergency braking systems. Among these industry leaders are 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. These organizations are critical to the ongoing development and deployment of advanced braking technologies worldwide.
Strategic Partnerships Shaping the Autonomous Emergency Braking Industry
Companies within the autonomous emergency braking market are increasingly forming strategic partnerships to combine their expertise and resources, fostering innovation and expanding product offerings. These collaborations enable firms to accelerate research, optimize manufacturing, and enhance technology integration. For example, in June 2024, Brakes India, a leading braking system developer based in India, entered into a joint venture with Japan's ADVICS, a specialist in autonomous emergency braking systems. This greenfield project involves an investment exceeding INR 500 crore, with Brakes India holding a 51% stake and ADVICS owning 49%. Located in southern India, this partnership is anticipated to generate over 300 jobs in the near future. The alliance aims to leverage Brakes India's local market insight and customer base alongside ADVICS's advanced global technology and quality processes.
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Breakdown of Key Segments in the Autonomous Emergency Braking Market
This report categorizes the autonomous emergency braking market into several essential segments:
1) By Vehicle Type: Passenger Cars and Commercial Vehicles
2) By Technology: Crash Imminent Braking and Dynamic Braking Support
3) By System Type: Low Speed AEB Systems, Higher Speed AEB Systems, and Pedestrian AEB Systems
Further, the Passenger Cars segment subdivides into Compact Cars, Sedans, SUVs, and Electric Vehicles (EVs). The Commercial Vehicles segment includes Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Buses, and Trucks. This segmentation allows for a detailed understanding of market demand across different vehicle categories and technology applications.
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