Anti-lock Braking System (ABS) Market Outlook and Future Growth during the Forecast Period 2014-2022 | Key Players include Robert Bosch GmbH, Continental AG, Autoliv Inc., Nissin Kogyo Co

Overview of Anti-lock Braking System (ABS) Market

Anti-lock Braking System (ABS) Market Report forecasts that the global market is expected to garner $41 billion by 2022, registering a CAGR of 8.2% during the forecast period 2016-2022. Asia-Pacific led the market in 2015, with a revenue contribution of around 31%.

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Growth in demand for safety features, technological advancement, and increase in global safety protocols for vehicle safety drives the ABS market. The development of advanced braking systems for two wheelers, and expansion in untapped market of developing countries like China, India, Indonesia, and Brazil, are expected to boost the market growth. However, high maintenance cost and high safety standard ratings of ABS systems are the limitations that restrict the market growth.

 

The Major players reported in the market include:

The major players profiled in this report include Robert Bosch GmbH (Germany), Continental AG (Germany), Autoliv Inc. (Sweden), Nissin Kogyo Co. Ltd. (Japan), WABCO (Belgium), ZF TRW (U.S.), Hyundai Mobis (South Korea), Denso Corporation (Japan), Hitachi Automotive Systems, Ltd. (U.S.), and ADVICS Co., Ltd. (Japan).

 

KEY BENEFITS

  • The study provides an in-depth analysis of the Anti-lock Braking System (ABS) Market along with current and future trends to elucidate the imminent investment pockets.
  • The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.
  • Porter's Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.
  • The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.
  • The quantitative analysis of the market during the period of 2014-2022 is provided to elaborate the market potential.

 

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KEY MARKET SEGMENTS:

BY SUB-SYSTEMS

Sensors

Electronic Control Unit

Hydraulic Unit

 

BY VEHICLE TYPE

Two Wheelers

Passenger Cars

Commercial Vehicles

BY GEOGRAPHY

North America

Europe

Asia Pacific

Central & South America

Middle East and Africa

ABS is an automobile safety system consisting of electronic control unit (ECU), sensors, and a hydraulic unit. Typically, there are four speed sensors equipped on the four wheels used to measure acceleration and deceleration of the wheels. ECU is used to monitor the data collected from the wheel sensors and transfer information to the hydraulic unit if in case any tire loses traction from the ground. Hydraulic unit consists of the valves and pumps used to release brake fluid at a desired pressure whenever instructed by the ECU.

The passenger vehicles industry is projected to maintain its lead due to rise in sales of electric vehicles and new technology advancement in ABS. ABS for the two wheeler industry has witnessed a rise in its sales owing to strict laws, light weight components, low cost, and increase in number of road traffic accidents. The rise in demand of ABS for commercial vehicles in the developed economies of North America further boosted the market growth.

 

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD ANTI-LOCK BRAKING SYSTEM (ABS) MARKET, BY END USER

CHAPTER 5 WORLD ANTI-LOCK BRAKING SYSTEM (ABS) MARKET, BY APPLICATION

CHAPTER 6 WORLD ANTI-LOCK BRAKING SYSTEM (ABS) MARKET, BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILES

 

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Posted by on Tuesday June 11 2019, 5:48 PM EDT. All trademarks acknowledged. Filed under Automotive & Transportation, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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