Autonomous Emergency Braking System Market 2019: Investment Opportunities, Drivers, Constraints, Regional Trends, Competitive Landscape, Forecast to 2024

The autonomous emergency braking system market study focuses major leading industry players with information such as company profiles, and specifications including production, price trends, revenue and more.

Selbyville, Delaware, USA - May 6, 2019 /MarketersMedia/ —

Electric & hybrid vehicles in autonomous emergency braking system market will register over 20% CAGR owing to rising concerns over vehicle pollution and greenhouse gas emissions. The U.S., Canada, and Germany are adopting low carbon initiatives for adhering to international treaties including Paris Summit. Federal government in the U.S. have enacted policies to promote EVs.

ICE vehicles showcased a significant growth rate of around 17% owing to multiple benefits offered by this system including superior stability and drivability. The engines offer high power to weight ratio and thermal efficiency. Vast expansion of fuel retail infrastructure is influencing conventional automobiles demand. Moreover, low cost of ownership will propel autonomous emergency braking system market growth over forecast period.

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Crash imminent braking technologies will grow significantly over the projected timeframe. Growing adoption of crash avoidance technologies for detecting impending forward crash with other vehicles will enhance the market. The system alerts the drivers and takes corrective action to avoid and reduce crash severity. The system lowers wear and tear caused due to friction-based braking components and reduces energy consumption significantly, positively influencing the autonomous emergency braking system market till 2024.

Disc brake accounted for over 65% volume share in 2017. This can be attributed to the increasing usage of these brakes in higher end and luxury vehicles over the forecast period. The benefits offered by the disc bakes including improved heat circulation and transfer due to friction and self-adjusting capabilities further strengthening the autonomous emergency braking system market share till 2024.

Drum brakes accounted for a significant market share in the autonomous emergency braking system (AEB) market place owing to the lower maintenance cost compared to disc brakes. Proliferating small and medium car sales in emerging nations will improve the industry growth. Moreover, higher adoption in heavy commercial vehicles due to large wheel diameter will further escalate the revenue generation.

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Asia Pacific autonomous emergency braking system market is expected to observe a considerable growth rate over the projected timeframe. This growth is attributed to the increasing passenger vehicle sales across the region. Automobile manufacturers are increasing production significantly to meet the consumer demand. Asian countries are supporting the fitment of AEB in vehicles by providing logistical, financial and operational support for testing of automated vehicles.

Europe autonomous emergency braking system market will hold around 50% volume share by 2024. This can be attributed to the presence of major industry players including BMW, Volkswagen, and Mercedes Benz developing innovative AEB solutions for their vehicle portfolio. Organizations including Euro NCAP are promoting development of AEB systems to safeguard occupants and non-occupants. The organization is continuously broadening the scope to enhance product efficiency thereby positively influencing the industry size.

Major players in the autonomous emergency braking system market place include Magna International Inc., Autoliv Inc., Bosch Group, Continental AG, Delphi Technologies, Mobileye, and ZF TRW Automotive Inc. Industry participants are emphasizing on development and manufacturing products with advanced technology.

Browse key industry insights spread across 265 pages with 387 market data tables & 15 figures & charts from the report, “Autonomous Emergency Braking System Market Size By Brake (Disc, Drum), By Vehicle (ICE [Passenger Cars, LCV, HCV], Electric & Hybrid Vehicle), By Technology (Crash Imminent Braking, Dynamic Brake Support, Forward Collision Warning), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, South Korea, Thailand, Indonesia, Mexico, Brazil, Argentina, Turkey, Iran, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/automatic-emergency-braking-AEB-Market

Table of Contents (ToC) of the report:
Chapter 6 Autonomous Emergency Braking System Market, By Technology
6.1 Global market share by technology, 2017 & 2024
6.2 Crash imminent braking
6.2.1 Market estimates and forecast, 2013 – 2024, (USD Million)
6.2.2 Market estimates and forecast, by region, 2013 – 2024, (USD Million)
6.3 Dynamic brake support
6.3.1 Market estimates and forecast, 2013 – 2024, (USD Million)
6.3.2 Market estimates and forecast, by region, 2013 – 2024, (USD Million)
6.4 Forward collision warning
6.4.1 Market estimates and forecast, 2013 – 2024, (USD Million)
6.4.2 Market estimates and forecast, by region, 2013 – 2024, (USD Million)
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/automatic-emergency-braking-AEB-Market

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