Report forecast the global automotive advanced emergency
braking (AEB) system market to grow at a CAGR of 10.68% during the period
2016-2020.
The braking system forms a fundamental part of the vehicle
along with the engine, powertrain, and vehicle body. Started as a mechanical
device in the vehicle, the system aids in slowing or stopping the vehicle by
means of friction. Since the invention of commercially viable automobiles in
the late 1920s, technological advances have evolved the vehicle into a much
safer, comfortable, and eco-friendly experience. Vehicles have now become more
than just a means of transportation. Innovations and developments have made
vehicles more powerful and intelligent with the rapid adoption of electronics
that can self-learn to adapt with real-time driving situations.
Automobiles of toady boast of more electronics than
mechanical parts and components with an average hatchback consisting of over
35%-40% electronic components in 2015 and we expect this to rise to over 60% by
2020. With rapid acceleration in technological development, the automotive
braking industry is experiencing a gradual shift from mechanical to hydraulic
braking, which is now rapidly shifting to electronically-controlled braking
systems.
The report covers the present scenario and the growth
prospects of the global automotive advanced emergency braking (AEB) system
market for 2016-2020. To calculate the market size, the report considers a
top-down approach is used, where the market is derived from the overall AEB
system application volume.
The market is divided into the following segments based on
geography:
- Americas
- APAC
- EMEA
According to the report, electrification of automotive
components for efficient braking and higher fuel efficiency will be a key
driver for market growth. Since the late 21st century, automotive innovation is
primarily driven by government regulations. As the automotive industry is a
major contributor of environmental pollution, various governing bodies
worldwide have directed regulations to reduce vehicle emissions along with
increasing the fuel economy of vehicles. To comply with the regulations, OEMs
and tier-1 suppliers have been actively investing in technologies to either
reduce the overall weight of the vehicle. They are introducing electronically
controlled vehicle mechanism to obtain higher accuracy in functioning, leading
to higher fuel efficiency and reducing tailpipe emissions.
Further, the report states that making AEB as a standard
will be a major challenge for the market. The automotive industry is gradually
shifting toward making advanced braking technologies like AEB system as
standard offering in vehicles, which can be seen in the European and American
automotive markets. Automotive governing bodies have taken strategic measures
to make the AEB system mandatory in all their vehicles by 2022. There are no
doubts in the credibility of such collision avoidance systems as scientific
studies carried out in developed economies reveal that they help in reducing
collision rates significantly.
Global Automotive Advanced Emergency Braking (AEB) System
Market 2016-2020, has been prepared based on an in-depth market analysis
with inputs from industry experts. The report covers the market landscape and
its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.
key players in the global automotive advanced emergency
braking (AEB) system market: Bosch, Continental AG, Delphi, and ZF-TRW.
Other Prominent Vendors in the market are: Autoliv, and
Mobileye.
Market driver
- Insurance providers playing a catalyst for AEB growth
- For a full, detailed list, view our report
Market challenge
- Challenges in the field of refinement and accuracy of advance braking technologies
- For a full, detailed list, view our report
Market trend
- Advanced braking technologies laying foundation for future of autonomous vehicles
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 72 pages and 37 Exhibit “Global
Automotive Advanced Emergency Braking System Market 2016 - 2020” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
landscape, Market segmentation by vehicle type, Market segmentation by
geography, Market drivers, Market challenges, Market trends, Vendor landscape,
Key vendor analysis, Appendix.
For
more information Visit at: http://mrr.cm/3Ty
Related Reports;
Global Automotive Fifth Wheel Coupler Market 2016-2020 -
Visit at - http://mrr.cm/3TF
Global Motorcycle Side View Assist System Market 2016-2020 -
Visit at - http://mrr.cm/3Tt
Global Electronically Controlled Air Suspension Market in
Commercial Vehicles 2016-2020 - Visit at - http://mrr.cm/3Tv
No comments:
Post a Comment