Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 7.77 |
Autonomous Emergency Brakes and Brakes Market Analysis Report 2023-2032
The Autonomous Emergency Brakes and Brakes Market is expected to witness a Compound Annual Growth Rate (CAGR) of 7.98% between 2022 and 2032, leading to a significant increase in market size by USD 2,496.25 million. This market's growth is driven by various factors, including advancements in vehicle safety technology, regulatory measures promoting safer vehicles, and the increased adoption of autonomous emergency braking systems to enhance road safety.
Autonomous Emergency Brakes and Brakes Market Overview
Drivers
One of the key drivers behind the expansion of the Autonomous Emergency Brakes and Brakes Market is the growing emphasis on road safety. As road traffic increases and the number of vehicles on the road rises, governments and consumers alike are increasingly concerned about reducing road accidents and fatalities. This has led to a surge in demand for autonomous emergency braking (AEB) systems and advanced brake technologies that enhance vehicle safety.
Furthermore, stringent safety regulations are significantly driving market growth. Governments worldwide are introducing and enforcing safety standards that mandate the use of AEB systems and advanced brake technologies in vehicles. These regulations encourage the automotive industry to adopt and innovate in these areas.
Trends
An important trend shaping the Autonomous Emergency Brakes and Brakes Market is the rapid evolution of autonomous vehicle technology. As self-driving vehicles become more prevalent, the demand for AEB systems and advanced brake technologies is on the rise. These systems are vital components for ensuring the safety of autonomous vehicles, contributing to their widespread adoption.
Additionally, the market is witnessing a shift toward the development of more efficient and eco-friendly brake systems. Manufacturers are exploring materials and designs that reduce brake wear and improve energy recovery during braking, contributing to the sustainability of transportation.
Restraints
The cost of implementing AEB systems and advanced brake technologies in vehicles can be a challenge. While the long-term safety benefits are significant, the initial investment for these technologies might deter some consumers and manufacturers from widespread adoption. Striking a balance between affordability and safety remains a concern.
Moreover, the complexity of integrating these technologies into vehicles, especially in retrofitting older models, presents technical challenges. Ensuring compatibility and effectiveness across a wide range of vehicle types can be a restraint to market growth.
Autonomous Emergency Brakes and Brakes Market Segmentation By Vehicle Type
The market is segmented based on the type of vehicles in which AEB systems and advanced brakes are applied:
Autonomous Emergency Brakes and Brakes Market Segmentation By Technology Type
The market also segments by the type of technologies and systems:
The Asia-Pacific (APAC) region is expected to be a significant contributor to the global Autonomous Emergency Brakes and Brakes Market. As APAC countries experience rapid urbanization and increased road traffic, there is a growing need for safer vehicles, particularly in countries with emerging economies. This is driving the demand for AEB systems and advanced brake technologies in the region.
The market temporarily experienced a slowdown during the COVID-19 pandemic, as immediate health and economic challenges took precedence. However, with safety and autonomous driving technologies gaining traction, the market is expected to regain momentum in the post-pandemic era.
Autonomous Emergency Brakes and Brakes Market Customer Landscape
Understanding the customer landscape is vital, as various consumer segments have different preferences for safety features. For instance, individuals seeking family vehicles may prioritize advanced braking and AEB systems, while commercial fleet operators may focus on solutions for their specific needs.
Major Autonomous Emergency Brakes and Brakes Market Companies
Prominent players in the Autonomous Emergency Brakes and Brakes Market are at the forefront of innovation. They invest in research and development, collaborate on safety standards, and expand their product portfolios. Some major companies in the market include:
Segment Overview
The Autonomous Emergency Brakes and Brakes Market report provides revenue forecasts on a global, regional, and country level. The report also includes an analysis of emerging trends and growth opportunities spanning from 2023 to 2032.
TABLE OF CONTENTS: GLOBAL Autonomous Emergency Brakes and Brakes MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 – 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. Autonomous Emergency Brakes and Brakes MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. Autonomous Emergency Brakes and Brakes Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. Autonomous Emergency Brakes and Brakes MARKET BY type INSIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2 Forward Collision Warning
5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.3. Dynamic Brake Support
5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.4. Crash Imminent Braking
5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 6. Autonomous Emergency Brakes and Brakes MARKET BY Application INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2. Passenger Vehicles
6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.3. Commercial Vehicles
6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 7. Autonomous Emergency Brakes and Brakes MARKET REGIONAL OUTLOOK
7.1.Autonomous Emergency Brakes and Brakes Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.2. North America Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.3. North America Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.4. North America Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S. Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.5.2. U.S. Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.5.3. U.S. Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.5.4. U.S. Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.6.2. Canada Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.6.3. Canada Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.6.4. Canada Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3. EUROPE
7.3.1. Europe Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.2. Europe Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.3. Europe Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.4. Europe Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.5.2. Germany Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.5.3. Germany Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.5.4. Germany Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.6.2. France Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.6.3. France Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.6.4. France Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.7.2. U.K. Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.7.3. U.K. Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.7.4. U.K. Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.2. Asia Pacific Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.3. Asia Pacific Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.4. Asia Pacific Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.5.2. China Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.5.3. China Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.5.4. China Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.6.2. India Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.6.3. India Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.6.4. India Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.7.2. Japan Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.7.3. Japan Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.7.4. Japan Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.8.2. Australia Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.8.3. Australia Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.8.4. Australia Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.5.2. Mea Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.5.3. Mea Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.5.4. Mea Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America Autonomous Emergency Brakes and Brakes Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.6.2. Latin America Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.6.3. Latin America Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.6.4. Latin America Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)
7.6.5. Latin America Autonomous Emergency Brakes and Brakes Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1 Aisin Seiki Co. Ltd. (Japan)
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2 ZF TRW Automotive Holdings Corp. (U.S.)
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3 Akebono Brake Industry Co. Ltd. (Japan)
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4 Brembo S.p.A (Italy)
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5. Continental AG (Germany)
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7 Company 7
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8. Company 8
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9 Company 9
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10 Company 10
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
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.
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.
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.
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.
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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