Anti-Lock Braking System Market 2016 size, share, growth, trends, review, research, industry analysis and forecast upto 2020 by Market Research Store

Deerfield Beach, FL -- (SBWire) -- 04/15/2016 --About Anti-Lock Braking System

An ABS is an automobile safety system that helps motor vehicles maintain tractive contact with the road surface while braking. Anti-Lock Braking System (ABS) is broadly classified under active safety systems that work on cadence-braking and threshold-braking principles. It prevents the wheels from locking, thereby avoiding uncontrollable skidding after the application of brakes. ABSs were first introduced in the 1980s and gained popularity in the 1990s in developed countries, such as the US and Canada

Global Anti-Lock Braking System (ABS) market to grow at a CAGR of around 6% during the period 2016-2020.

The installation of ABSs in motor vehicles improves vehicular control and reduces the stopping distance on both dry and slippery surfaces. ABSs can increase the braking distance while retaining enhanced vehicle control over loose gravel or snow. Current ABS technologies not only prevent the locking of wheels under braking, but also control the front-to-rear brake bias electronically. This function is known variously as electronic brakeforce distribution, traction control system, and emergency brake assist.

Covered in this report

The report covers the present scenario and the growth prospects of the global ABS market for the period 2016-2020 in this report. To calculate the market size, the sales revenue from ABSs were considered based on the historic pattern with base year 2015.

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

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Global Anti-Lock Braking 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 vendors
- Autoliv
- Continental
- Delphi Automotive
- Bosch

Other prominent vendors
- Aisin Seiki
- Beijing Automotive Research Institute
- Haldex
- Hitachi Automotive Systems
- Jiaozuo Brake
- Nissin Brake Ohio

Market driver
- Increasing demand for safety solutions
- For a full, detailed list, view our report

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Market challenge
- Inconsistent stop times
- For a full, detailed list, view our report

Market trend
- Increasing adoption of advanced safety features
- For a full, detailed list, view our report