Global Anti Lock Braking System Market, By Sub-System (Sensors, Electronic Control Unit, Hydraulic U

Published Date: | Report Code : AT1925521

X

The anti lock braking system market growth is expected to gain high momentum during the forecast period due to growing demand for electric and highly automated vehicles 

An anti lock braking system (ABS) is a safety system installed in automobiles that prevent wheels from locking and helps the driver maintain steering control. It is also known as the anti-skid braking system. It enables the tires to maintain tractive contact with the ground to avoid losing control.

The system increases the safety standards of the vehicles and helps to reduce on-road accidents.

The growing automobile industry is one of the main reasons why the anti lock braking system is gaining popularity. The automotive industry is booming in the Asia Pacific region due to the high population and increase in disposable income. The demand for ABS in developed countries like the USA, Germany, England, etc. is growing due to the high safety standards required for vehicles.

ABS is also very popular in vehicles used for racing, for example in the F1 or NASCAR where the ABS becomes very important due to the high speeds, swift turns and the quick breaks that the drivers are required to make.

Key Factors Impacting Market Growth:

  • Reduced braking distance and wear and tear, and great maneuverability
  • Increased number of vehicle collisions and safety awareness
  • Growing demand for electric and highly automated vehicles 

Regional Analysis: 

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the anti lock braking system market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with many 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 anti lock braking system 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 anti lock braking system market in the region. 

Asia Pacific is estimated to be the fastest-growing region for the anti lock braking system 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 anti lock braking system 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: 

Robert Bosch GmbH, Continental AG, Autoliv Inc., Hyundai Mobis, ZF Friedrichshafen AG, TRW Automotive, Hitachi Automotive Systems, ADVICS Co. Ltd., and Denso Corporation… 

Market Segmentation:

By Sub-System:

  • Sensors
  • Electronic Control Unit
  • Hydraulic Unit

By Vehicle Type:

  • Two-Wheelers
  • Passenger Cars
  • Commercial

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Sub-System
    • By Vehicle Type
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Sub-System
    • By Vehicle Type
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Italy, Rest of Western Europe)
    • By Sub-System
    • By Vehicle Type
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Sub-System
    • By Vehicle Type
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Sub-System
    • By Vehicle Type
  • Rest of the World
    • By Region (South America, Africa)
    • By Sub-System
    • By Vehicle Type

Reasons To Buy This Report:

  • Market size estimation of the anti lock braking system 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

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-Segment
  • By Region/Country

For more information, contact: [email protected]

 

License Offering

Single User (PDF)

3850

Multi User (PDF)

5150

Enterprise User (PDF)

7650

Get Regional Report USD 2000 Only

Your personal details are secure. Privacy Policy

Buy Chapters of Sections

Avail customized purchase options to meet your exact research needs.

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities
Detailed Coverage

Detailed scope covering all the major segments in the market

Meticulous Data Validations

In line data validations to ensure data precision

Recommendations

Market recommendations supporting decision making processes

Analyst Support

Round the clock analyst support to resolve your queries

Free Customization

Up to 15% additional free customization to meet your specific requirements

15% Free Customization

Share your Requirements

Questions?  Speak to an Analyst

Your personal details are secure. Privacy Policy