Key Automatic Emergency Braking System Companies analyzed in report 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) and others.
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Automatic Emergency Braking System Market Highlights:
The Global Autonomous Emergency Braking System Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The global market of Autonomous Emergency Braking System will grow at a rapid pace over the forecast period. The market is forecasted to witness slow but steady growth by 2023, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2023).
Over the last couple of years, the automotive industry has undergone various technological advancements in passenger and commercial vehicles, and the global market has acknowledged these advancements while adopting these vehicles. Autonomous emergency braking system is one of the recent technologies developed by the automotive companies and has gained much attention. The technology involved in autonomous emergency braking system is an active safety system, particularly designed to avoid vehicle crash and collision. It is a feature that alerts the driver to a sudden crash and helps them use the maximum braking capacity of the vehicle. Considering vehicle safety, several manufacturers have implemented this technology to avoid such circumstances.
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. The global autonomous emergency braking system market is expected to grow at a CAGR of ~13.55% during forecast period.
June, 2017 – Valeo is set to launch five major innovations their world debut. The technologies on display at the Gold Lot Circuit and the Central Plaza booth show what the car of tomorrow will look like, in line with new ways of getting around: it will be more autonomous, more connected and more environmentally friendly. Valeo 360AEB Nearshield, a new autonomous emergency braking system that eliminates blind spots, alerts drivers to any potential obstacles and brings the vehicle to an automatic halt to prevent impact if necessary.
December, 2016– DENSO Corporation announced that it has developed a small stereo vision sensor to contribute to improving the safety of compact vehicles. Vision sensors use a camera to detect white lines and obstacles on the road ahead. The new sensor uses a pair of cameras placed side by side, which enables the distance to a target object to be measured more accurately and enhances the activation of autonomous emergency braking systems to avoid a collision with another vehicle or a pedestrian, lane departure warning systems, and auto high beam systems that automatically switch the headlights from high beam to low beam for better night vision.
Automatic Emergency Braking System Market Regional Analysis:
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.
Major Table of Content:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Researchs
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Automatic Emergency Braking System Market, By Channel Type
4.2 Original Equipment Manufacturer (OEM)
5 Global Automatic Emergency Braking System Market, By Vehicle Type
5.3 Light Commercial
5.3 Heavy Commercial
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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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