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Global Automotive Advanced Emergency Braking System Market to Grow at a CAGR of 10.68% During the Period 2016-2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Automotive Advanced Emergency Braking System Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 09/22/2016 -- Report forecast the global automotive advanced emergency braking (AEB) system market to grow at a CAGR of 10.68% during the period 2016-2020.

The braking system forms a fundamental part of the vehicle along with the engine, powertrain, and vehicle body. Started as a mechanical device in the vehicle, the system aids in slowing or stopping the vehicle by means of friction. Since the invention of commercially viable automobiles in the late 1920s, technological advances have evolved the vehicle into a much safer, comfortable, and eco-friendly experience. Vehicles have now become more than just a means of transportation. Innovations and developments have made vehicles more powerful and intelligent with the rapid adoption of electronics that can self-learn to adapt with real-time driving situations.

Automobiles of toady boast of more electronics than mechanical parts and components with an average hatchback consisting of over 35%-40% electronic components in 2015 and we expect this to rise to over 60% by 2020. With rapid acceleration in technological development, the automotive braking industry is experiencing a gradual shift from mechanical to hydraulic braking, which is now rapidly shifting to electronically-controlled braking systems.

The report covers the present scenario and the growth prospects of the global automotive advanced emergency braking (AEB) system market for 2016-2020. To calculate the market size, the report considers a top-down approach is used, where the market is derived from the overall AEB system application volume.

The market is divided into the following segments based on geography:
- Americas

According to the report, electrification of automotive components for efficient braking and higher fuel efficiency will be a key driver for market growth. Since the late 21st century, automotive innovation is primarily driven by government regulations. As the automotive industry is a major contributor of environmental pollution, various governing bodies worldwide have directed regulations to reduce vehicle emissions along with increasing the fuel economy of vehicles. To comply with the regulations, OEMs and tier-1 suppliers have been actively investing in technologies to either reduce the overall weight of the vehicle. They are introducing electronically controlled vehicle mechanism to obtain higher accuracy in functioning, leading to higher fuel efficiency and reducing tailpipe emissions.

Further, the report states that making AEB as a standard will be a major challenge for the market. The automotive industry is gradually shifting toward making advanced braking technologies like AEB system as standard offering in vehicles, which can be seen in the European and American automotive markets. Automotive governing bodies have taken strategic measures to make the AEB system mandatory in all their vehicles by 2022. There are no doubts in the credibility of such collision avoidance systems as scientific studies carried out in developed economies reveal that they help in reducing collision rates significantly.

Global Automotive Advanced Emergency Braking (AEB) System Market 2016-2020, 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.

key players in the global automotive advanced emergency braking (AEB) system market: Bosch, Continental AG, Delphi, and ZF-TRW.

Other Prominent Vendors in the market are: Autoliv, and Mobileye.

Market driver
- Insurance providers playing a catalyst for AEB growth
- For a full, detailed list, view our report

Market challenge
- Challenges in the field of refinement and accuracy of advance braking technologies
- For a full, detailed list, view our report

Market trend
- Advanced braking technologies laying foundation for future of autonomous vehicles
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 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?

Spanning over 72 pages and 37 Exhibit "Global Automotive Advanced Emergency Braking System Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by vehicle type, Market segmentation by geography, Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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