The global Autonomous Emergency Braking Market research report 2030, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Autonomous Emergency Braking market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Data Bridge Market Research analyses that the autonomous emergency braking market is expected to reach USD 101.04 billion by 2030, which is USD 35.67 billion in 2022, at a CAGR of 13.90% during the forecast period.
Top Companies in the Global Autonomous Emergency Braking Market:
Robert Bosch GmbH (Germany), BorgWarner Inc. (U.K.), Mercedes-Benz Group AG (Germany), Continental AG (Germany), Valeo (France), ZF Friedrichshafen AG (Germany), Tesla (U.S.), Magna International Inc, (Canada), Waymo LLC (U.S.), BMW (Germany), Texas Instruments Incorporated. (U.S.), General Motors (U.S.), Audi AG (Germany), NXP Semiconductor (Netherlands). Ford Motor Company (U.S.), Volkswagen (Germany), Toyota Kirloskar Motor (India), DENSO Corporation (Japan), among others.
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Market Segmentation:
The autonomous emergency braking market is segmented based on the brake, system, technology and vehicle. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Brake
- Disc
- Drum
System
- Low Speed AEB System
- Higher Speed AEB System
- Pedestrian AEB System
Technology
- Crash Imminent Braking
- Dynamic Brake Support
- Forward Collision Warning
Vehicle
- ICE
- Electric
- Hybrid Vehicle
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Europe dominates the autonomous emergency braking market in terms of revenue growth due to the presence of leading manufacturers and market players. Furthermore, implementation of regulations promoting the development and deployment of AEB and increase in sales of luxury cars will further boost the market growth in the region.
North America is projected to be the fastest developing region during the forecast period of 2023-2030. This is mainly due to the early adoption of autonomous emergency braking in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Market Dynamics
Drivers
- Growing number of accidents
The increasing number of accidents is anticipated to drive the growth rate of the autonomous emergency braking market during the forecast period. Accidents refer to any injury owing to crashes involving a vehicle fully or partially on a public road. Autonomous emergency braking helps recognize when a potential collision is possible and responds by automatically applying the brakes to slow down a vehicle before impacting it to a stop to avoid a collision.
- Rising sales of passenger car and growing penetration of crash avoidance technology
Increasing passenger car sales will contribute considerably towards the expansion of the market. Moreover, the growing penetration of crash avoidance technology is further driving the growth of the autonomous emergency braking market. For instance, manufacturers comprising Tesla are offering crash avoidance technology as standard in most vehicles, thus influencing the market's growth. Major manufacturers of automobile are providing crash avoidance technology in luxury and medium car. Thus, the increasing usage of autonomous emergency braking in nearly all types of vehicles is increasing the market growth.
Opportunities
- Rise in the product innovations
New product innovations have developed as the major trend which are gaining popularity in the global autonomous emergency braking market and create numerous opportunities for the market growth in upcoming years. Major market pkayers operating in the autonomous emergency braking sector are focused on launching product innovations to maintain their position in the global market. For instance, ZF Friedrichshafen AG which is a Germany-based company that manufactures car parts for autonomous emergency breaks has launched the OnGuardMAX system in April 2021. This is the most advanced autonomous emergency braking technology. It comprises autonomous braking capability and advanced object detection and autonomously detect the vehicles.
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