Selbyville, DE -- (SBWIRE) -- 12/26/2018 -- 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.

Over the next five years, projects that Automotive Anti-Lock Braking System Market will register a 9.0% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

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The emergence of connected truck technologies will drive the adoption of ABS in commercial vehicles (CVs), which, in turn, will drive the growth prospects for the global automotive ABS market for the next four years. Some of the major factors responsible for the growing acceptance of ABS in the commercial vehicles segment is the increasing focus of fleet operators on fleet safety and the potential reduction in financial losses.

Also, the growing number of road accidents have resulted in the introduction and adoption of a large number of technological advancements in the commercial vehicles sector as commonly witnessed in the passenger car segment. Moreover, some of the technological advancements included in the commercial vehicles segment are connected truck technologies, improved version of higher Society of Automotive Engineers (SAE) automation levels, and truck platooning.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Robert Bosch, Continental, Delphi Automotive, TRW Automotive, Hitachi Automotive, Autoliv, Haldex, WABCO, Kormee, Denso Corporation, Hyundai Mobis, ADVICS, Dongfeng Electronic, Guangzhou Sivco.

Segmentation by product type:
Pneumatic Anti-Lock Braking System
Hydraulic Anti-Lock Braking System

Segmentation by application:
Passenger Vehicles
Commercial Vehicles

Research objectives:

To study and analyze the global Automotive Anti-Lock Braking System consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Automotive Anti-Lock Braking System market by identifying its various subsegments.

Focuses on the key global Automotive Anti-Lock Braking System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Automotive Anti-Lock Braking System with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Automotive Anti-Lock Braking System submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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Related Report:

EMEA (Europe, Middle East and Africa) Automotive Anti-Lock Braking System Market Report 2018

Global Automotive Anti-Lock Braking System market, which will help the buyer in reviewing the Automotive Anti-Lock Braking System industry development trends and opportunities. To begin with the Automotive Anti-Lock Braking System Market report 2018 which covers market characteristics, industry structure and comitative landscape, the problems, desire concepts, along with business strategies market effectiveness.

https://www.marketstudyreport.com/reports/emea-europe-middle-east-and-africa-automotive-anti-lock-braking-system-market-report-2018

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