For depth analysis, Global Autonomous Emergency Braking System Market is segmented By Technology (Forward Collision Warning, Dynamic Brake Support and Crash Imminent Braking), System (Low speed system, Higher speed system and Pedestrian system), Vehicle Type (Passenger Vehicles and Commercial Vehicles) and Region. —
Global Autonomous Emergency Braking System Market Highlights:
Owing to this technology, there has been a rise in the adoption of autonomous emergency braking system embedded vehicles, among a larger population. Additionally, the rising safety concerns, government initiatives, and the rising number of accidents, have augmented the market for autonomous emergency braking system. On the other hand, the higher cost of autonomous emergency braking system technology, and low spending capacity in underdeveloped economies, are considered to be the restraining factors. A recent trend in this market is the rise in sales of luxury vehicles.
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Autonomous Emergency Braking System Market Key Companies Studied in this report are Continental AG (Germany), Denso Corporation (Japan), Robert Bosch (Germany), Valeo (France), Hyundai Mobis (South Korea), Autoliv Inc (Sweden), ZF Friedrichshafen (German), Hitachi Automotive Systems (Japan), Mando Corporation (South Korea), Aisin Seiki Co (Japan) and others.
The Global Autonomous Emergency Braking System Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The global market of Autonomous Emergency Braking System will grow at a rapid pace over the forecast period. The market is forecasted to witness slow but steady growth by 2023, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2023).
Over the last couple of years, the automotive industry has undergone various technological advancements in passenger and commercial vehicles, and the global market has acknowledged these advancements while adopting these vehicles. Autonomous emergency braking system is one of the recent technologies developed by the automotive companies and has gained much attention. The technology involved in autonomous emergency braking system is an active safety system, particularly designed to avoid vehicle crash and collision. It is a feature that alerts the driver to a sudden crash and helps them use the maximum braking capacity of the vehicle. Considering vehicle safety, several manufacturers have implemented this technology to avoid such circumstances.
Market Segments Analysis:
The Global Autonomous Emergency Braking System Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Technology: Comprises Forward Collision Warning, Dynamic Brake Support and Crash Imminent Braking.
Segmentation by System: Comprises Low speed system, Higher speed system and Pedestrian system
Segmentation by Vehicle Type: Comprises Passenger Vehicles and Commercial Vehicles
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World. Europe have accounted for the largest market share, in 2016, followed by North America and Asia Pacific. In Europe, there has been a rise in the sales of luxury vehicles, which has augmented the demand for autonomous emergency braking system. Germany, UK and France are the leading countries in Europe, which have fueled the growth of the market. North America and Asia Pacific are the second and third leading regions in terms of revenue.
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The report gives the clear picture of current Autonomous Emergency Braking System market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Stud
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
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