Albany, NY -- (SBWIRE) -- 08/09/2017 -- The global automotive ABS market is growing owing its adoption in a wide range of applications, including passenger cars, CVs, and motorcycles. Motorcycle ABS in emerging countries such as India is expected to gain traction due to the development of low-cost ABS and safety regulations will increase the acceptance of these systems in passenger cars. Favorable regulations mandating ABS in all motorcycles with a displacement of above 125cc along with passenger cars and CVs will drive the market growth considerably.
The global automotive anti-lock braking system market to grow at a CAGR of 8.86% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global automotive anti-lock braking system market for 2017-2021. To calculate the market size, the report considers the unit shipment of different types of automotive ABS across all regions.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Automotive Anti-Lock Braking System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Browse more details at: http://www.researchmoz.us/global-automotive-anti-lock-braking-system-market-2017-2021-report.html
Key vendors
- Bosch
- Continental
- ZF
- Autoliv
- WABCO
Other prominent vendors
- Brakes India
- Hyundai Mobis
- Mando Corporation
Market driver
- Growing demand for safety solutions to increase ABS adoption in wider applications
- For a full, detailed list, view our report
Market challenge
- Design complication owing to different scenario simulation
- For a full, detailed list, view our report
Market trend
- Focus by automotive governing councils to create awareness for braking system will drive adoption of ABS
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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