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Global Automotive Autonomous Emergency Braking (AEB) System: Summary
Autonomous Emergency Braking is an innovative safety system in vehicles designed to avoid low-speed collisions, or reduce the severity of an impact. A tiny stereo video camera mounted next to the rear-view mirror scans the road and senses when stationary or slow-moving traffic appears ahead. The system monitors the gap between you and the vehicle ahead, if this reduces and you do not react by applying the brakes, the system automatically applies maximum braking, using the Anti-lock braking system to slow the car as much as possible.
Technological advancements in Automotive Autonomous Emergency Braking industry resulted into maximise the influence of automotive Autonomous Emergency Braking in boosting the efficiency of vehicles. Rising in preference of vehicle engines developed on advanced technologies is propelling fuel in the demand for Automotive Autonomous Emergency Braking (AEB) System Market.
North America (USA and Canada) are leading user of Automotive Autonomous Emergency Braking (AEB) System. The European Parliament’s Transport Committee has called for new cars to be fitted as standard with a range of life-saving technologies which mainly include Automotive Autonomous Emergency Braking (AEB) System. In Europe 41% of passenger car are already equipped with Autonomous Emergency Braking (AEB) System. The National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS) in USA has made using Autonomous Emergency Braking (AEB) System mandatory in passenger cars and trucks.
Automotive Autonomous Emergency Braking (AEB) System Market: Technology Type
Automotive Autonomous Emergency Braking (AEB) System Market : Application
Global Automotive Autonomous Emergency Braking (AEB) System Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Automotive Autonomous Emergency Braking (AEB) System Market:
Geographical analysis of Automotive Autonomous Emergency Braking (AEB) System Market :
Automotive Autonomous Emergency Braking (AEB) System Market Report delivers comprehensive analysis of :
Global Global Automotive Autonomous Emergency Braking (AEB) System Market Report delivers comprehensive analysis of :
| Parameters | Details |
|---|---|
Base Year | 2022 |
Historical Data | 2017-2022 |
Forecast Data | 2023-2029 |
Base Year Value (2022) | USD 16918.5 million |
Forecast Value (2029) | USD 58134.33 million |
CAGR (2022 to 2028) | 14.7 % |
Regional Scope | North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Global Automotive Autonomous Emergency Braking (AEB) System Market was valued at around USD 16918.5 million in 2022 & estimated to reach USD 58134.33 million by 2029.
Global Automotive Autonomous Emergency Braking (AEB) System Market is likely to grow at compounded annual growth rate (CAGR) of 14.7% between 2023 to 2029.
North America (USA and Canada) are leading user of Automotive Autonomous Emergency Braking (AEB) System & Passenger Cars segment genrated highest revenue in 2019
Some of the top companies included in the research report are Robert Bosch GmbH (Germany), Continental, Delphi, ZF Friedrichshafen, Autoliv, Takata, Bendix CVS, FLIR Systems, Hella, Hyundai Mobis, Infineon Technologies, Toyoda Gosei.
Rising in preference of vehicle engines developed on advanced technologies is propelling fuel in the demand for Automotive Autonomous Emergency Braking (AEB) System Market.
Yes, the report includes COVID 19 impact on the market.
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