Autonomous Emergency Braking System Market:
Autonomous Emergency Braking System (AEBS) Market was valued at US$ 27.41 Bn. in 2022. Global Autonomous Emergency Braking System (AEBS) Market size is estimated to grow at a CAGR of 23% over the forecast period.
Autonomous Emergency Braking System Market Report Overview:
An autonomous emergency braking system (AEBS) is a new safety technology that monitors traffic conditions ahead of time and stops the automobile automatically if the driver fails to respond to an emergency scenario. Experts consider AEB to be as crucial as seatbelts, but instead of protecting the occupant in the event of a crash, it seeks to prevent the crash from occurring in the first place. The autonomous emergency braking system application industry is involved in advanced driver assistance systems (ADAS).
The research is based on forecasts from leading organizations and Nanozymes market statistics. It also includes sales growth figures, competitive landscape for the forecast period, and valuations of individual companies at the global, regional, and local levels.
Autonomous Emergency Braking System Market Dynamics:
Injuries from traffic accidents kill 1.25 million people annually, making them the leading cause of mortality for those between the ages of 15 and 29, according to a World Health Organization fact sheet. In addition, low- and middle-income countries account for 90% of all road fatalities despite having 54% of the world’s vehicles. In addition, road traffic accidents cost the majority of nations 3% of their GDP. For the safety and security of the car, the driver, and the passengers, there is a greater need for vehicles with autonomous emergency braking systems (AEBS).
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Autonomous Emergency Braking System Market Report Scope and Research Methodology:
The bottom-up approach has been used to estimate the global and regional Autonomous Emergency Braking System market size. Primary and secondary research methods have been used to gather the data for the Autonomous Emergency Braking System market report. The report also includes a SWOT analysis and Porter’s five forces analysis, which helps to understand buyer-supplier relations and the strengths and weaknesses of the Autonomous Emergency Braking System key competitors in the industry. The Autonomous Emergency Braking System market report provides comprehensive coverage of import/export consumption, supply and demand, price, revenue generated, market share, market penetration, sales volume, and gross margins. The report also provides an in-depth analysis of each industry manufacturing site, capacity, production, market price, sales revenue, and market share.
Autonomous Emergency Braking System Market Regional Analysis:
The report provides a comprehensive analysis of the Autonomous Emergency Braking System market across all regions, including Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. It examines the primary geographic conditions of the market, including all segments. The report also provides the current state of the regional Autonomous Emergency Braking System market in terms of market size and share.
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Autonomous Emergency Braking System Market Segmentation:
The Low-speed AEBS market, which made up 64% of the overall global market for autonomous emergency braking systems in 2022, is expected to grow at a CAGR of 15.3% over the projected period. The goal of low-speed AEBS is to predict when a low-speed front-end collision will occur. Growing safety demands and growing worries about road safety as a result of an increase in the number of vehicles on the road are what are driving the growth of the low-speed AEBS category. The article discusses national car safety standards, government regulations, and manufacturer initiatives.
Autonomous Emergency Braking System Market Key Players:
1. Continental AG (Germany)
2. Valeo S.A. (France)
3. Autoliv, Inc. (Sweden)
4. Infineon Technologies AG (Germany)
5. Knorr-Bremse AG (Germany)
6. Robert Bosch GmbH (Germany)
7. Delphi Automotive LLP (Ireland)
8. ZF Friedrichshafen AG (Germany)
9. Mobileye (Israel)
10. Hyundai Mobis (Japan)
11. AISIN SEIKI Co. Ltd. (Japan)
12. Hitachi Automotive Systems Ltd. (Japan)
13. Mando Corporation (South Korea
14. DAF (Netherlands)
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Key Questions answered in the Autonomous Emergency Braking System Market Report are:
What are the Autonomous Emergency Braking System market segments?
What is the expected Market size by the end of the forecast period?
What is the expected CAGR of the Autonomous Emergency Braking System market during the forecast period?
Which region held the largest market share in the Autonomous Emergency Braking System Market?
What are the factors driving the Autonomous Emergency Braking System Market?
What factors are affecting the Autonomous Emergency Braking System market growth?
Who are the key players in the Autonomous Emergency Braking System industry?
Key offerings:
Market Overview
Market Share
Market Size
Forecast |2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation- A detailed analysis of each segment and their segments
Competitive Landscape – Leading key players and other prominent key players.
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