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Automotive Anti-Lock Braking System (ABS) Market 2018 By Global Key Players: Bosch, Continental, Hyundai, Denso, Hitachi

03-23-2018 09:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Automotive Anti-Lock Braking System (ABS) Market 2018 By Global

Automotive anti-lock braking system (ABS) Market Analysis Research 2018 provides comprehensive information on Global Automotive anti-lock braking system (ABS) Market Size, Share, Growth, Trends and Region with forecast to 2023. Report analyzes automotive anti-lock braking system (ABS) Market for North America, Europe, APAC and Rest of the World. Report provides Global Automotive anti-lock braking system (ABS) Market By sub-systems (sensors, electronic control unit and hydraulic unit), by vehicle type (two wheelers, passenger cars and commercial vehicles) and by Region.

Global Automotive anti-lock braking system (ABS) Market Synopsis:

The Automotive anti-lock braking system (ABS) Market is driven by various factors such as the increase in demand for advance safety features, technological advancements, and rapid growth of the automotive industry. The increase in the demand for vehicle safety and comfort systems in automobiles is leading to the increased use of anti-lock braking system in automobiles. Further, while developing the advanced braking systems for two wheelers, the companies are expanding to tap into the developing markets such as India, Indonesia, and Brazil. This is expected to be an opportunity for the growth of the market and its major players. However, factors such as high maintenance cost and high safety standard ratings of anti-lock braking systems are expected to restrain the growth of the anti-lock braking system market. The market is expected to witness growth opportunities over the forecast period with the expansion strategy, followed by key players to enter into untapped markets of developing economies and development of advanced braking systems for two wheelers.

Get Sample Copy of Report on Automotive anti-lock braking system (ABS) Market spread across 100 Pages, Profiling Key Companies and Supported with Tables and Figures is now available at https://www.marketresearchfuture.com/sample_request/5413

Key Players:

Robert Bosch GmbH (Germany), Continental AG (Germany), Autoliv Inc. (Sweden), Nissin Kogyo Co., Ltd. (Japan), WABCO Vehicle Control Systems (Belgium), TRW Automotive (U.S.), Hyundai Mobis (South Korea), Denso Corporation (Japan), Hitachi Automotive Systems, Ltd. (Japan), and Advics Co., Ltd. (Japan).

Leading automobile manufacturers are introducing anti-lock breaking system in both traditional and electric vehicles to the entry level vehicles, which is further expected to boost the growth of the market. The increase in number of auto collision, increased safety awareness, development of advance braking system for two wheelers and the improving technical advancements for ensuring the safety of the passengers and the automotive, also add to the market growth.

Based on vehicle type, the market has been segmented into two wheeler, passenger cars, and commercial vehicle. Passenger car segment is expected to dominate the anti-lock braking system market due to the increase in the production of large number of passenger cars in countries such as China, U.S., Germany, and India.

Geographically, the global automotive anti-lock braking system (ABS) market has been divided into four major regions such as North America, Europe, Asia Pacific and Rest of the World. Asia Pacific region is expected to grow with the highest CAGR over the forecast period due to increasing diffusion rate for anti-lock braking system technology. In Asia Pacific, China is projected to dominate the growth of the anti-lock braking system market due to the increased road accidents and the rules & regulation imposed by government for installation of anti-lock braking system.

The report for Global Automotive Anti-Lock Braking System (ABS) Market of Market Research Future comprises 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.

Access More Report Details at: https://www.marketresearchfuture.com/reports/anti-lock-braking-system-market-5413

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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