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Electronic Stability Control (ESC) Market in Europe 2015 Review, Research, Size, Share, Industry Analysis, Trends and Forecast 2019


Deerfield Beach, FL -- (SBWIRE) -- 09/09/2015 -- Electronic Stability Control Market in Europe to grow at a CAGR of 5.70% by revenue over the period 2014-2019. Electronic Stability Control forma a vital aspect of automotive active safety system. Active safety systems are the safety systems that senses the condition of the vehicle and prevent the vehicle from crash or minimizes the effect of crash. ESC assists the drivers in avoiding accidents by reducing the danger of skidding or losing control.

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These system is activated when the driver loses control over the vehicle. It does not work alone and uses other safety systems and devices such as ABS and traction control. It uses sensors to detect the vehicle condition and applies brakes and brings back the vehicle on track. Several studies conducted on ESC systems show that the vehicles that have an ESC system have 25 percent less probability of being involved in a fatal accident. In Europe, a campaign is being run that is supported by authorities such as European Commission and Euro NCAP that encourages buyers to choose an ESC equipped car.

Covered in this Report

Electronic Stability Control Market in Europe 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors:
Bosch Group
Continental AG
Delphi Automotive Plc
Denso Corporation
TRW Automotive Holdings Corp

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Other Prominent Vendors:
Advics Co. Ltd
Hitachi Ltd
Hyundai Mobis Co Ltd
Knorr-Bremse AG
Mando Corporation
Nissin Kogyo

Market Driver:
Increased Adoption of Automotive Safety Systems
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Market Challenge:
Dependence of Driver on ESC Technology
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Market Trend:
Increased Use of Electronics Components
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