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Market Snapshot

CAGR:9.2

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	9.2

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Report Overview

Antilock Braking System (ABS) Market Analysis Report 2023-2032

The Antilock Braking System (ABS) Market is poised for robust growth, with a projected Compound Annual Growth Rate (CAGR) of 6.82% between 2022 and 2032. Over this period, the market size is expected to witness a substantial increase of USD 3,249.56 million. Several factors are contributing to the growth of this market, including an increasing focus on road safety, regulatory mandates, and the growing demand for enhanced vehicle stability and control. The market encompasses products and services related to Antilock Braking Systems, which play a pivotal role in ensuring safer and more efficient braking in vehicles.

Antilock Braking System (ABS) Market Overview

Drivers

The expanding Antilock Braking System (ABS) Market is driven by a global commitment to road safety. As road traffic continues to increase, the need for advanced vehicle safety systems, such as ABS, becomes paramount. Governments and consumers alike are increasingly prioritizing the integration of ABS in vehicles, reducing the risk of accidents and enhancing passenger safety.

Regulatory mandates play a crucial role in market growth. Governments in various regions are enacting and enforcing legislation mandating the inclusion of ABS in new vehicles. These regulations are not only promoting road safety but also propelling market demand.

Trends

One of the key trends shaping the ABS Market is the development and integration of advanced sensor technologies. These sensors enhance the performance and responsiveness of ABS by continuously monitoring road conditions and tire traction. This trend contributes to improved vehicle stability and braking efficiency.

Another notable trend is the integration of ABS with other vehicle safety systems, such as Electronic Stability Control (ESC) and Traction Control System (TCS). This integrated approach offers a comprehensive solution to vehicle stability and control, enhancing the overall safety of vehicles.

Restraints

While the market is on a growth trajectory, it does face certain challenges. The cost associated with manufacturing and installing ABS can be a restraint, especially in emerging markets where cost-sensitive consumers may be hesitant to invest in this technology. Additionally, the lack of standardization in ABS technology may pose challenges in terms of compatibility and maintenance.

ABS Market Segmentation By Vehicle Type

The passenger vehicle segment is expected to be a prominent growth driver within the ABS Market. Consumers are increasingly demanding advanced safety features in their cars, making ABS an integral component of passenger vehicle safety systems.

The commercial vehicle segment is also anticipated to grow as fleet operators recognize the advantages of ABS in reducing accidents and improving vehicle control, particularly in adverse weather conditions.

ABS Market Segmentation By Component

The ABS sensors and controllers segment is projected to experience significant growth. These components are at the heart of ABS technology, enabling precise control of brake systems. The integration of advanced sensors and controllers enhances the efficiency and safety of ABS.

Regional Overview:

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North America is expected to be a key region for ABS Market growth. Strict safety regulations and consumer demand for advanced vehicle safety features are driving the adoption of ABS in this region.

Europe, with a strong emphasis on vehicle safety standards, is likely to witness substantial market growth. European countries have been at the forefront of adopting ABS technology, making it a pivotal market for both manufacturers and service providers.

The Asia-Pacific (APAC) region is also emerging as a significant market for ABS, driven by the rapid expansion of the automotive industry and the need to address road safety concerns.

ABS Market Customer Landscape

The ABS Market report provides insights into customer adoption patterns, ranging from early adopters to laggards. It also examines regional variations in ABS adoption based on penetration levels, enabling companies to tailor their strategies for effective market entry and expansion.

Major ABS Market Companies

Leading players in the ABS Market are implementing various strategies to strengthen their market presence. These strategies encompass collaborations, mergers and acquisitions, the introduction of new products and services, geographical expansion, and technological innovations.

Here's a sample list of major companies in the market:

Brakesafe Technologies
SafeStop Automotive
Continental AG
Bosch Automotive
WABCO Holdings Inc.

Qualitative and quantitative analyses of these companies offer valuable insights into the competitive landscape. This analysis enables stakeholders to understand market dynamics and evaluate the strengths and weaknesses of key players. Categorization based on market focus and influence provides a comprehensive view of the competitive environment.

Segment Overview

The ABS Market report provides revenue forecasts on a global, regional, and country level. It also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.

Vehicle Type Outlook (USD Million, 2019 - 2032)

Passenger Vehicles
Commercial Vehicles

Component Outlook (USD Million, 2019 - 2032)

Sensors and Controllers
Hydraulic Units
Electronic Control Units (ECUs)

Geography Outlook (USD Million, 2019 - 2032)

North America

United States
Canada

Europe

United Kingdom
Germany
France
Rest of Europe

APAC

China
Japan
India
Rest of APAC

Latin America

Brazil
Mexico
Rest of Latin America

Middle East & Africa

United Arab Emirates
South Africa
Rest of Middle East & Africa

Table of Content

Chapter 1 About the Antilock Braking System (ABS) Industry
1.1 Industry Definition and Types
1.1.1 One-channel ABS
1.1.2 Two-channel ABS
1.1.3 Three-channel ABS
1.1.1.4 Four-channel ABS
1.2 Main Market Activities
1.3 Similar Industries
1.4 Industry at a Glance

Chapter 2 World Market Competition Landscape
2.1 Antilock Braking System (ABS) Markets by Regions
2.1.1 USA
Market Revenue (M USD) and Growth Rate 2014-2024
Sales and Growth Rate 2014-2024
Major Players Revenue (M USD) in 2019
2.1.2 Europe
Market Revenue (M USD) and Growth Rate 2014-2024
Sales and Growth Rate 2014-2024
Major Players Revenue (M USD) in 2019
2.1.3 China
Market Revenue (M USD) and Growth Rate 2014-2024
Sales and Growth Rate 2014-2024
Major Players Revenue (M USD) in 2019
2.1.4 India
Market Revenue (M USD) and Growth Rate 2014-2024
Sales and Growth Rate 2014-2024
Major Players Revenue (M USD) in 2019
2.1.5 Japan
Market Revenue (M USD) and Growth Rate 2014-2024
Sales and Growth Rate 2014-2024
Major Players Revenue (M USD) in 2019
2.1.6 South East Asia
Market Revenue (M USD) and Growth Rate 2014-2024
Sales and Growth Rate 2014-2024
Major Players Revenue (M USD) in 2019
2.2 World Antilock Braking System (ABS) Market by Types
One-channel ABS
Two-channel ABS
Three-channel ABS
Four-channel ABS
2.3 World Antilock Braking System (ABS) Market by Applications
Passenger Car
Commercial Vehicle
2.4 World Antilock Braking System (ABS) Market Analysis
2.4.1 World Antilock Braking System (ABS) Market Revenue and Growth Rate 2014-2019
2.4.2 World Antilock Braking System (ABS) Market Consumption and Growth rate 2014-2019
2.4.3 World Antilock Braking System (ABS) Market Price Analysis 2014-2019

Chapter 3 World Antilock Braking System (ABS) Market share
3.1 Major Production Market share by Players
3.2 Major Revenue (M USD) Market share by Players
3.3 Major Production Market share by Regions in 2019, Through 2024
3.4 Major Revenue (M USD) Market share By Regions in 2019, Through 2024

Chapter 4 Supply Chain Analysis
4.1 Industry Supply chain Analysis
4.2 Raw material Market Analysis
4.2.1 Raw material Prices Analysis 2014-2019
4.2.2 Raw material Supply Market Analysis
4.2 Manufacturing Equipment Suppliers Analysis
4.3 Production Process Analysis
4.4 Production Cost Structure Benchmarks
4.5 End users Market Analysis

Chapter 5 Company Profiles
5.1 Bosch
5.1.1 Company Details (Foundation Year, Employee Strength and etc)
5.1.2 Product Information (Picture, Specifications and Applications)
5.1.3 Revenue (M USD), Price and Operating Profits
5.2 Continental
5.2.1 Company Details (Foundation Year, Employee Strength and etc)
5.2.2 Product Information (Picture, Specifications and Applications)
5.2.3 Revenue (M USD), Price and Operating Profits
5.3 ADVICS
5.3.1 Company Details (Foundation Year, Employee Strength and etc)
5.3.2 Product Information (Picture, Specifications and Applications)
5.3.3 Revenue (M USD), Price and Operating Profits
5.4 Hyundai Mobis
5.4.1 Company Details (Foundation Year, Employee Strength and etc)
5.4.2 Product Information (Picture, Specifications and Applications)
5.4.3 Revenue (M USD), Price and Operating Profits
5.5 Mando
5.5.1 Company Details (Foundation Year, Employee Strength and etc)
5.5.2 Product Information (Picture, Specifications and Applications)
5.5.3 Revenue (M USD), Price and Operating Profits
5.6 Wabco
5.6.1 Company Details (Foundation Year, Employee Strength and etc)
5.6.2 Product Information (Picture, Specifications and Applications)
5.6.3 Revenue (M USD), Price and Operating Profits
5.7 Knorr-Bremse
5.7.1 Company Details (Foundation Year, Employee Strength and etc)
5.7.2 Product Information (Picture, Specifications and Applications)
5.7.3 Revenue (M USD), Price and Operating Profits
5.8 Hitachi
5.8.1 Company Details (Foundation Year, Employee Strength and etc)
5.8.2 Product Information (Picture, Specifications and Applications)
5.8.3 Revenue (M USD), Price and Operating Profits
5.9 Nissin Kogyo
5.9.1 Company Details (Foundation Year, Employee Strength and etc)
5.9.2 Product Information (Picture, Specifications and Applications)
5.9.3 Revenue (M USD), Price and Operating Profits
5.10 TRW
5.10.1 Company Details (Foundation Year, Employee Strength and etc)
5.10.2 Product Information (Picture, Specifications and Applications)
5.10.3 Revenue (M USD), Price and Operating Profits
5.11 Junen
5.11.1 Company Details (Foundation Year, Employee Strength and etc)
5.11.2 Product Information (Picture, Specifications and Applications)
5.11.3 Revenue (M USD), Price and Operating Profits
5.12 Wanxiang
5.12.1 Company Details (Foundation Year, Employee Strength and etc)
5.12.2 Product Information (Picture, Specifications and Applications)
5.12.3 Revenue (M USD), Price and Operating Profits
5.13 APG
5.13.1 Company Details (Foundation Year, Employee Strength and etc)
5.13.2 Product Information (Picture, Specifications and Applications)
5.13.3 Revenue (M USD), Price and Operating Profits
5.14 Kormee
5.14.1 Company Details (Foundation Year, Employee Strength and etc)
5.14.2 Product Information (Picture, Specifications and Applications)
5.14.3 Revenue (M USD), Price and Operating Profits
5.15 Dongfeng Electronic
5.15.1 Company Details (Foundation Year, Employee Strength and etc)
5.15.2 Product Information (Picture, Specifications and Applications)
5.15.3 Revenue (M USD), Price and Operating Profits
5.16 Guangzhou Sivco
5.16.1 Company Details (Foundation Year, Employee Strength and etc)
5.16.2 Product Information (Picture, Specifications and Applications)
5.16.3 Revenue (M USD), Price and Operating Profits

Chapter 6 Globalisation & Trade
6.1 Business Locations
6.2 Supply channels
6.3 Marketing strategy
6.4 Barriers to Entry

Chapter 7 Distributors and Customers
7.1 Major Distributors and contact information by Regions
7.2 Major Customers and contact information by Regions

Chapter 8 Import, Export, Consumption and Consumption Value by Major Countries
8.1 USA
8.2 Germany
8.3 China
8.4 Japan
8.5 India

Chapter 9 World Antilock Braking System (ABS) Market Forecast through 2024
9.1 World Antilock Braking System (ABS) Demand by Regions Forecast through 2024
9.2 World Antilock Braking System (ABS) Price(by Regions, Types, Applications)Analysis Forecast through 2024
9.3 World Antilock Braking System (ABS) Revenue (M USD)(by Regions, Types, Applications) Forecast through 2024
9.4 World Antilock Braking System (ABS) Market Analysis
9.4.1 World Antilock Braking System (ABS) Market Revenue and Growth Rate 2014-2019
9.4.2 World Antilock Braking System (ABS) Market Consumption and Growth rate 2014-2019
9.4.3 World Antilock Braking System (ABS) Market Price Analysis 2014-2019

Chapter 10 Key success factors and Market Overview

Tables and figures
Table Main Market Activities by Regions
Table Market Revenue (M USD) and Growth Rate 2014-2024
Table Major Players Revenue (M USD) in 2019
Table Market Revenue (M USD) and Growth Rate 2014-2024
Table Major Players Revenue (M USD) in 2019
Table Market Revenue (M USD) and Growth Rate 2014-2024
Table Major Players Revenue (M USD) in 2019
Table Market Revenue (M USD) and Growth Rate 2014-2024
Table Major Players Revenue (M USD) in 2019
Table Market Revenue (M USD) and Growth Rate 2014-2024
Table Major Players Revenue (M USD) in 2019
Table Major Production Market share by Players 2019
Table Major Revenue (M USD) Market share by Players 2019
Table Production Market share by Major Regions in 2014-2019
Table Production Market share by Major Regions in 2019-2024
Table Revenue (M USD) Market share by Regions in 2014-2019
Table Revenue (M USD) Market share by Regions in 2019-2024
Table Industry Supply chain Analysis
Table Raw material Prices Analysis 2014-2019
Table Raw material Suppliers Market Analysis
Table Manufacturing Equipment Suppliers Analysis
Figure Production Process Analysis
Figure Production Cost Structure
Table major End Users by Regions
Table Bosch Information List
Figure Antilock Braking System (ABS)Antilock Braking System (ABS) Picture, Specifications and Applications of Bosch
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Bosch 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Bosch 2018-2019
Table Continental Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Continental
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Continental 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Continental 2018-2019
Table ADVICS Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of ADVICS
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of ADVICS 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of ADVICS 2018-2019
Table Hyundai Mobis Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Hyundai Mobis
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Hyundai Mobis 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Hyundai Mobis 2018-2019
Table Mando Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Mando
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Mando 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Mando 2018-2019
Table Wabco Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Wabco
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Wabco 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Wabco 2018-2019
Table Knorr-Bremse Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Knorr-Bremse
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Knorr-Bremse 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Knorr-Bremse 2018-2019
Table Hitachi Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Hitachi
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Hitachi 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Hitachi 2018-2019
Table Nissin Kogyo Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Nissin Kogyo
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Nissin Kogyo 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Nissin Kogyo 2018-2019
Table TRW Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of TRW
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of TRW 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of TRW 2018-2019
Table Junen Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Junen
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Junen 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Junen 2018-2019
Table Wanxiang Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Wanxiang
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Wanxiang 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Wanxiang 2018-2019
Table APG Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of APG
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of APG 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of APG 2018-2019
Table Kormee Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Kormee
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Kormee 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Kormee 2018-2019
Table Dongfeng Electronic Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Dongfeng Electronic
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Dongfeng Electronic 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Dongfeng Electronic 2018-2019
Table Guangzhou Sivco Information List
Figure Antilock Braking System (ABS) Picture, Specifications and Applications of Guangzhou Sivco
Table Antilock Braking System (ABS) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Guangzhou Sivco 2018-2019
Figure Antilock Braking System (ABS) Sales Volume and World Market Share of Guangzhou Sivco 2018-2019
Table Business Locations
Figure Supply channels
Figure Marketing strategy
Table Barriers Analysis to Entry
Table Major Distributors and contact information by Regions
Table Major Customers and contact information by Regions
Table USA Supply, Import, Export, Consumption and Consumption Value(M USD)
Table Germany Supply, Import, Export, Consumption and Consumption Value(M USD)
Table China Supply, Import, Export, Consumption and Consumption Value(M USD)
Table Japan Supply, Import, Export, Consumption and Consumption Value(M USD)
Table India Supply, Import, Export, Consumption and Consumption Value(M USD)
Table World Demand by Regions Forecast Analysis of Antilock Braking System (ABS) (2019-2024)
Table World Price by Regions Forecast Analysis of Antilock Braking System (ABS) (2019-2024)
Table World Price by Types Forecast Analysis of Antilock Braking System (ABS) (2019-2024)
Table World Price by Applications Forecast Analysis of Antilock Braking System (ABS) (2019-2024)
Table World Revenue (M USD) by Regions Forecast Analysis of Antilock Braking System (ABS) (2019-2024)
Table World Revenue (M USD) by Types Forecast Analysis of Antilock Braking System (ABS) (2019-2024)
Table World Revenue (M USD) by Applications Forecast Analysis of Antilock Braking System (ABS) (2019-2024)

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Antilock Braking System Abs Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032