Autonomous Emergency Braking (AEB) System Market - Trends Forecast Till 2028

Market Overview

The Autonomous Emergency Braking (AEB) System Market size is projected to reach a CAGR of 9.1% from 2022 to 2028.

Autonomous emergency braking system (AEBS) is a new safety technology increasingly being fitted to vehicles, which monitors the traffic conditions ahead and automatically brakes the car if the driver fails to respond to an emergency situation. AEB is seen by experts as an important development as is the seatbelt, but rather than protecting the occupant in the event of a crash, it aims to prevent the crash happening in the first place. The application of autonomous emergency braking system industry is engaged in advanced driver assistance system (ADAS).

Rise in number of road accidents, and high adoption rate of advanced braking systems are some of the factors that have supported long-term expansion for Autonomous Emergency Braking (AEB) System Market.

Regional Analysis

Asia Pacific region is projected to contain the largest share for AEB systems market by region. Presence of technologically advanced and economically developed countries such as Japan and South Korea, tremendous vehicle production in developing economies like China, and rising consumer disposable income are the major reasons for growth of market in this region.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Robert Bosch GmbH
• Continental AG
• Delphi Automotive LLP
• ZF Friedrichshafen AG
• Mobileye
• Autoliv Inc.
• Hyundai Mobis
• AISIN SEIKI Co., Ltd.
• Hitachi Automotive Systems, Ltd.
• Mando Corporation

Recent Developments

• In April 2020, Veoneer announced an initial agreement to divert the US brake control business to ZF Friedrichshafen AG.
• In January 2019, Valeo introduced its brand-new innovations that would transform digital mobility, powertrain electrification, and autonomous vehicles at CES 2019 in Las Vegas. The organization’s two exceptional items, to be specific, Valeo Voyage XR and Valeo Drive4U Remote would help in animating the virtual presence of a person, just as in working independent vehicles distantly, individually.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Autonomous Emergency Braking (AEB) System Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope