Northbrook, IL -- (SBWIRE) -- 01/18/2019 -- The autonomous emergency braking (AEB) system market is projected to reach USD 55.31 Billion by 2025, at a CAGR of 22.23% from 2020 to 2025. The base year for AEB system market study is 2016 and market has been projected up to 2025. Government mandates in Europe and US to bring down the increasing number of accidents and rising safety concerns shall be the major drivers for the growth of this market.

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The bottom-up approach has been used to estimate the market size of autonomous emergency braking (AEB) systems. To determine the market size, in terms of volume and vehicle type, the vehicle production numbers have been multiplied by the penetration level of autonomous emergency braking (AEB) systems obtained at country level. Thus, the market in terms of volume for different countries is obtained. This is further multiplied with the average OE price (AOP) to obtain the market size in terms of value for each country.

The secondary sources referred for this research study include automotive industry organizations such as the Organisation Internationale des Constructeurs d'Automobiles (OICA); corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and automotive associations. Several primary interviews have been conducted with market experts from both the demand (OEM) and supply (autonomous emergency braking system suppliers and distributors) sides across four major regions, namely, North America, Europe, Asia Pacific, and RoW (Latin America, the Middle East, and Africa).

The autonomous emergency braking (AEB) system market comprises many leading players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), ZF Friedrichshafen AG (Germany), Hyundai Mobis Co., Ltd. (South Korea), Aisin Seiki Co., Ltd. (Japan), Valeo S.A. (France), Delphi Automotive PLC (UK), Paccar Inc. (DAF) (US), Autoliv, Inc. (Sweden), Infineon Technologies AG (Germany), Knorr-Bremse AG (Germany), Mando Corporation (South Korea), Analog Devices, Inc. (US), Wabco Holdings, Inc. (US) and others.

Target Audience

* Autonomous emergency braking (AEB) system manufacturers
* Distributors and suppliers of autonomous emergency braking systems
* Automotive braking system component manufacturers
* Automotive OEMs
* Industry associations and experts
* Lidar and radar sensor manufacturers and suppliers

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