Autonomous Emergency Braking Market, By Vehicle Type (Passenger, Commercial, Electric, Defense, Cons

Published Date: | Report Code : AT1942542

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The Autonomous Emergency Braking Market is predicted to witness significant demand during the forecast period owing to it’s increasing use in various applications such as forward emergency braking, reverse emergency braking, and multi-directional braking.

Autonomous Emergency Braking (AEB) is a system, which alerts the driver of any imminent crash threats and helps utilize the maximum braking capacity of a car. The system will automatically brake if there is a crash and there is no human response.

Segment Analysis:

Based on the system, the autonomous emergency braking market has been segmented into low speed, high speed, and pedestrian. Low-speed systems are used in vehicles for city roads to detect other cars in the front and prevent minor crashes. High-speed systems have a wider range of detection and can detect vehicles up to 200 meters in the front and enable safe braking at high speeds. Pedestrian systems detect the relative motion between the path of the vehicle and the pedestrian to avoid the collision.

The AEB market is growing, owing to increasing government safety standards to be adhered to in vehicles and technological advancements enabling vehicles to attain higher speeds, which require AEB systems to prevent life-threatening situations. These two factors are expected to propel the market in North America and Europe, as both regions are developed and have stringent regulations regarding the safety of vehicles. Moreover, there are increasing concerns over vehicle safety in developing regions such as the Asia Pacific with increasing road traffic. Furthermore, the growing automotive sector is also expected to drive the demand for AEB during the forecast period. 

Key Factors Impacting Market Growth:

  • Stringent government regulations for the safety of vehicles
  • Indispensable need for high-speed vehicles
  • An increasing number of on-road accidents

Regional Analysis:

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the autonomous emergency braking market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with a number of global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the autonomous emergency braking market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the autonomous emergency braking market in the region.

The Asia Pacific is estimated to be the fastest-growing region for the autonomous emergency braking market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the autonomous emergency braking market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: Delphi Automotive PLC, Continental AG, WABCO Holdings, Denso Corporation, Robert Bosch GmbH, ZF Friedrichshafen AG, Hitachi Automotive Systems Ltd., Autoliv Inc., Valeo, Aisin Seiki Co. Ltd., and Hyundai Mobis…

Key Developments:

  • In October 2017, South Korea’s Ministry of Transportation announced that AEB systems are compulsory for all passenger vehicles sold from January 2019.
  • In February 2019, The United Nations announced the approval of a draft by 40 countries and regions, led by Japan and European Union, that makes AEB systems mandatory in all new passenger and light commercial vehicles.

Market Segmentation:

By Vehicle Type:

  • Passenger
  • Commercial
  • Electric
  • Defence
  • Construction
  • Farm Tractors
  • Others

By Technology:

  • Radar
  • LiDAR
  • Fusion
  • Camera

By System:

  • Low Speed
  • High Speed
  • Pedestrian

By Application:

  • Forward Emergency Braking
  • Reverse Emergency Braking
  • Multi-directional Braking

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Fuel Type
    • By Power Output
    • By Application
    • By End-User
  • Western Europe
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Fuel Type
    • By Power Output
    • By Application
    • By End-User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Fuel Type
    • By Power Output
    • By Application
    • By End-User
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Fuel Type
    • By Power Output
    • By Application
    • By End-User
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Fuel Type
    • By Power Output
    • By Application
    • By End-User
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Fuel Type
    • By Power Output
    • By Application
    • By End-User

Reasons To Buy This Report:

  • Market size estimation of the global autonomous emergency braking market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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