Automatic or Autonomous Emergency Braking (AEB) Market: Rising Global Appetite for Luxury Vehicles to Drive Growth
The global market for automatic or autonomous emergency braking (AEM) features a largely consolidated vendor landscape, with the top four vendors cumulatively holding nearly 70% of the overall revenue of the market in 2016, observes Transparency Market Research in a recent report. The market does not feature monopoly of any leading vendor and the technologically dynamic nature of the market has intensified the level of competition. Companies operating in the market are focused on product innovation and strategic partnerships.
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