Electronic Stability Control Market in Europe to grow at a CAGR of 5.70% by revenue over the period 2014-2019, finds new report

Electronic Stability Control forma a vital aspect of automotive active safety system. Active safety systems are the safety systems that senses the condition of the vehicle and prevent the vehicle from crash or minimizes the effect of crash. ESC assists the drivers in avoiding accidents by reducing the danger of skidding or losing control. These system is activated when the driver loses control over the vehicle. It does not work alone and uses other safety systems and devices such as ABS and traction control. It uses sensors to detect the vehicle condition and applies brakes and brings back the vehicle on track. Several studies conducted on ESC systems show that the vehicles that have an ESC system have 25 percent less probability of being involved in a fatal accident. In Europe, a campaign is being run that is supported by authorities such as European Commission and Euro NCAP that encourages buyers to choose an ESC equipped car.

Publisher's analysts forecast the Electronic Stability Control Market in Europe to grow at a CAGR of 5.70 percent by revenue over the period 2014-2019.

According to the report, increased adoption of automotive safety systems, primarily because of government legislations targeting car manufacturers, is one of the major drivers for the growth of market. Active safety systems assist in maintaining control over a car, thereby preventing accidents in critical situations and thus protecting passengers from injury.

Electronic Stability Control Market in Europe 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

• Bosch Group
• Continental AG
• Delphi Automotive Plc
• Denso Corporation
• TRW Automotive Holdings Corp

Other Prominent Vendors

• Advics Co. Ltd
• Hitachi Ltd
• Hyundai Mobis Co Ltd
• Knorr-Bremse AG
• Mando Corporation
• Nissin Kogyo

Market Driver

• Increased Adoption of Automotive Safety Systems
• For a full, detailed list, view our report.

Market Challenge

• Dependence of Driver on ESC Technology
• For a full, detailed list, view our report.

Market Trend

• Increased Use of Electronics Components
• For a full, detailed list, view our report.

Key Questions Answered in this Report

• What will the market size be in 2019 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 71 pages, “Electronic Stability Control (ESC) Market in Europe 2015-2019” report covering the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Additional Safety Features with ESC, Market Landscape, Market Segmentation by Application, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis. The report covered companies are - Bosch Group, Continental AG, Delphi Automotive Plc, Denso Corporation, TRW Automotive Holdings Corp, Advics Co. Ltd , Hitachi Ltd, Hyundai Mobis Co Ltd, Knorr-Bremse AG, Mando Corporation, Nissin Kogyo

For further information on this report, please visit- http://mrr.cm/4i4

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