Autonomous Emergency Braking System Market: 2018 Global Industry Size, Share, Trends, Growth Analysis to 2023

The report "Autonomous Emergency Braking System Market by y Technology (Forward Collision Warning, Dynamic Brake Support and Crash Imminent Braking), By System (Low speed system, Higher speed system and Pedestrian system), by Vehicle Type (Passenger Vehicles and Commercial Vehicles) and By Region - Forecast To 2023.” The Autonomous Emergency Braking System market is projected to grow at a CAGR of 13.55% during the forecast period.

Global Autonomous Emergency Braking System Market Overview:

The global autonomous emergency braking system market is very dynamic, and is expected to witness significant growth over the forecast period. It has been observed that the vehicle users have now become more safety conscious as the incidences of collision have increased. This has increased the demand for autonomous emergency braking system technology.

Key players of global Autonomous Emergency Braking System market are:

Continental AG (Germany), Denso Corporation (Japan), Robert Bosch (Germany), Valeo (France), Hyundai Mobis (South Korea), Autoliv Inc (Sweden), ZF Friedrichshafen (German), Hitachi Automotive Systems (Japan), Mando Corporation (South Korea), Aisin Seiki Co (Japan).

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The global autonomous emergency braking system market has largely been influenced by the growth in the sales of passenger cars and trucks, and government initiatives for vehicle safety. Owing to this technology, there has been a rise in the adoption of autonomous emergency braking system embedded vehicles among users. Additionally, the increasing safety concerns, government initiatives and rising number of accidents have augmented the market for autonomous emergency braking system. However, the higher cost of autonomous emergency braking system technology, and low spending capacity in underdeveloped economies, are considered to be the restraining factors. A recent trend in this market is growing sales of luxury vehicles.

Owing to this technology, there has been a rise in the adoption of autonomous emergency braking system embedded vehicles, among a larger population. Additionally, the rising safety concerns, government initiatives, and the rising number of accidents, have augmented the market for autonomous emergency braking system. On the other hand, the higher cost of autonomous emergency braking system technology, and low spending capacity in underdeveloped economies, are considered to be the restraining factors. A recent trend in this market is the rise in sales of luxury vehicles.

Global Autonomous Emergency Braking System Market Regional Analysis:

Geographically, the global autonomous emergency braking system market has been divided into four major regions, and they are North America, Europe, Asia Pacific and Rest of the World. Europe have accounted for the largest market share, in 2016, followed by North America and Asia Pacific. In Europe, there has been a rise in the sales of luxury vehicles, which has augmented the demand for autonomous emergency braking system. Germany, UK and France are the leading countries in Europe, which have fueled the growth of the market. North America and Asia Pacific are the second and third leading regions in terms of revenue.

Global Autonomous Emergency Braking System Market Segmentation:

For the purpose of this study, the global autonomous emergency braking system market has been divided on the basis of technology, system, vehicle type and region. On the basis of technology, the market has been segmented as forward collision warning, dynamic brake support, and crash imminent braking. Forward collision warning has accounted for the highest market share in 2016, followed by dynamic brake support. On the basis of system, the market has been segmented as low speed system, higher speed system and pedestrian system. By vehicle types, it has been segmented as passenger vehicles and commercial vehicles. However, passenger vehicles had commanded the highest market share in 2016, followed by commercial vehicles.

Browse Complete Report on Autonomous Emergency Braking System Market-Global Forecast to 2023 of 100 pages supported by tables and figures@ https://www.marketresearchfuture.com/reports/autonomous-emergency-braking-system-market-4665.

Geographic Analysis: Geographical analysis across 15 countries

Company Information: Profiling of 10 key market players. In-depth analysis including SWOT analysis, and strategy information of related to report title. Competitive landscape including emerging trends adopted by major companies.

The report for Global Autonomous Emergency Braking System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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