Global Electronic Stability Control System industry is forecasted to witness steady growth by 2022. Report provides Electronic Stability Control System Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Electronic Stability Control System Global Market is segmented by Vehicle Type (Passenger Cars, Light Commercial Vehicle and Heavy Commercial Vehicle), By Drive Type (Rear Wheel Drive, Front Wheel Drive, and All Wheel Drive), and By Region.
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Electronic Stability Control System Market Key Companies Studied In This Research Report Are:
Robert Bosch GmbH (Germany), Johnson Electric. (Hong Kong), TRW Automotive Holdings (U.S.), Continental AG (Germany), Delphi Automotive (U.K.), Hitachi Automotive Systems Ltd. (Japan), Autoliv Inc. (Sweden), Toyoda Gosei Co. Ltd (Japan), WABCO Holdings Inc. (U.S.), and Murata Manufacturing Co., Ltd. (Japan),.
Global Electronic Stability Control System Market Overview:
There are several factors that are responsible for the growth of market over time in the global scenario.
Electronic stability control system have the variety of different names, including Dynamic Stability Control, Vehicle Stability Control, Dynamic Stability and Traction Control, StabiliTrak, and Advance Trac. This system considerably enhances stability and control in vehicles, in critical situations.
The increase or decrease in demand of the automotive industry directly has an impact on the market. In 2015, the total four-wheeler production was that of almost 90 million units, which is expected to witness further boost and reach more than 100 million units by the year 2020. Hence, this will provide a positive influence on the growth of the market. However, both high capital intensive and high cost of the system, may hamper the growth of the market.
Geographic Analysis:
Geographically, the global electronic stability control system market has been divided as North America, Europe, Asia Pacific and Rest of the World.
North America, of all the regions, has accounted for the largest market share, in 2016, followed by Europe and Asia Pacific. Increasing production of technologically advanced vehicle, and growing investment in R&D in automotive industry, are driving the growth of the market in North America.
Asia Pacific is expected to grow at a highest CAGR during the forecast period, driven by the increasing automotive manufacturing activities. Increasing disposable income among individuals and the rising demand for luxury vehicles, are also fueling the market growth.
China is the major market in Asia Pacific region. It has emerged as one of the leading markets for electric cars in terms of sales. And as per government reforms, the country has planned to ban the sales of all the petrol and diesel vehicles by 2019.
However, the demand for electric car is expected to rise in the future, which will also increase the market growth. Moreover, Japan, Singapore and South Korea governments, are also planning to take such initiatives.
Target Audience of Report:
This report mainly focuses on Electronic Stability Control System manufacturers, Distributor & Supplier companies, and end Users. Investment bankers and consultants with end user for Electronic Stability Control System market also analyzed. And finally, Government and Independent Regulatory Authorities involved with Electronic Stability Control System Global Industry are studied in this report.
Market Segmentation:
The scope of the study segments the global electronic stability control system market by its vehicle type, by drive type and region.
By Vehicle Type:
- Passenger Cars
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Drive Type:
- Rear Wheel Drive
- Front Wheel Drive
- All Wheel Drive
Study Objectives of Global Electronic Stability Control System Market
To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global market
To provide insights about factors affecting the market growth
To analyze the market based on various factors such as supply chain analysis, and Porter’s five forces analysis
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries – North America, Europe, Asia-Pacific, and ROW.
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by type, vehicle type, and region
To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Electronic Stability Control System industry
Scope of Report:
The report for Global Electronic Stability Control 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.
Major Table Of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyer
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continued…
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