Autonomous Emergency Braking System Market Growth, Size, Trends, Demand and Future Outlook
Autonomous Emergency Braking System Market Size- By System, By Vehicle Type, By Technology- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: AMIN24114 | Pages: 1 - 210 | Formats*: |
| Category : Automotive & Transportation | |||
Autonomous Emergency Braking System Market Introduction and Overview
According to SPER Market Research, the Global Autonomous Emergency Braking System Market is estimated to reach USD 142.9 billion by 2033 with a CAGR of 15.09%.
The report includes an in-depth analysis of the Global Autonomous Emergency Braking System Market, including market size and trends, product mix, Applications, and supplier analysis. More and more cars are being equipped with the new safety feature known as autonomous emergency braking system (AEBS), which automatically applies the brakes in the event that the driver is unable to react to an emergency. It does this by monitoring the traffic conditions up ahead. To identify cars, pedestrians, and other obstructions, it makes use of radars, cameras, and on-board sensors. Much like the seatbelt, the advanced evolution of airbags (AEB) is regarded by experts as a significant advancement; but, unlike seatbelts, AEB is designed to avoid crashes altogether. Advanced driving assistance systems, or ADAS, are applications of autonomous emergency braking systems.
- May 2023: The automated emergency braking feature was added by Tesla for use in reverse. It is projected that this new function will improve reverse safety for both drivers and passengers.
- October 2022: On two heavy-duty trucks, ZF's Commercial Vehicle, a top producer of auto components, independently displayed its "OnGuardMax" autonomous emergency braking system and its adjustable electric power steering feature. These features will soon be available in North America.
- August 2022: An innovative nighttime test for autonomous emergency braking systems was introduced by the Insurance Institute for Highway Safety. The Nissan Pathfinder and the Ford Mustang Mach-E were two of the four models that scored the highest, superior. No credit was given to any other cars, such as the Toyota Tacoma and Nissan Altima.
Market Opportunities and Challenges
The amount of traffic accidents and awareness of road safety are expected to rise, driving up demand for the products. Autonomous emergency braking systems (AUBs) are becoming widely accepted due to heightened awareness of traffic safety and the advantages of advanced driver-assistance systems (ADAS). To prevent accidents and save lives, governments and regulatory agencies from all over the world are fervently supporting—and in some cases mandating—the installation of AEB in automobiles. In addition, the growing incidence of distracted driving—which is mostly caused by the pervasive use of mobile devices—highlights the need for automatic safety measures like AEB. As a backup, this technology steps in when a driver might not be able to react quickly.
Vehicle production costs may rise because to the complicated algorithms, improved sensor technologies, and integration of AEB systems with other safety systems. Some consumers may be put off by the increased costs of advanced braking systems, especially in price-sensitive countries. This could slow down the adoption of these systems and the growth of the market. The total cost of the automobiles may go up due to the extra expenses incurred in adding emergency braking systems. For some customers, this may have an impact on affordability, especially in price-sensitive markets. Increased initial expenses could discourage some consumers from choosing cars with cutting-edge braking systems, which would limit market expansion. Installing AEB systems in older cars can be costly and technically difficult. It might not be possible to retrofit a car without making major changes to the electrical and brake systems.
Market Competitive Landscape
There are a number of significant businesses in the competitive and fragmented autonomous emergency braking system market. Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Delphi Automotive LLP, Hyundai Mobis, Aisin Seiki Co. Ltd, Hitachi Automotive System Ltd, Mando Corporation, Netradyne, and Valeo S.A. are a few of the top companies in the sector.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By System, By Vehicle Type, By Technology |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Delphi Automotive LLP, Hyundai Mobis, Aisin Seiki Co. Ltd, Hitachi Automotive System Ltd, Mando Corporation, Netradyne, Valeo S.A. |
COVID-19 Impact on Global Autonomous Emergency Braking System Market
Due to diminished consumer demand, supply chain interruptions, and manufacturing closures, the automotive industry experienced substantial disruptions throughout the epidemic. The installation of emergency braking systems in new cars was impacted by this production hiccup, which briefly reduced market share. During the epidemic, a lot of people put off buying cars because of lockdowns and uncertain economic conditions. The market for advanced braking systems was immediately influenced by the decline in vehicle sales, as these systems are typically fitted in new cars. The demand for AEB briefly decreased as a result of the drop in car sales.
Key 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
Our in-depth analysis of the Autonomous Emergency Braking System Market includes the following segments:
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Key Topics Covered in the Report:
- Global Autonomous Emergency Braking System Market Size (FY’2024-FY’2033)
- Overview of Global Autonomous Emergency Braking System Market
- Segmentation of Global Autonomous Emergency Braking System Market By System (Low Speed AEBS, High Speed AEBS, Others)
- Segmentation of Global Autonomous Emergency Braking System Market By Vehicle Type (Passenger Cars, Commercial Vehicles)
- Segmentation of Global Autonomous Emergency Braking System Market By Technology (Crash Imminent Braking, Dynamic Brake Support, Forward Collision Warning)
- Statistical Snap of Global Autonomous Emergency Braking System Market
- Expansion Analysis of Global Autonomous Emergency Braking System Market
- Problems and Obstacles in Global Autonomous Emergency Braking System Market
- Competitive Landscape in the Global Autonomous Emergency Braking System Market
- Impact of COVID-19 and Demonetization on Global Autonomous Emergency Braking System Market
- Details on Current Investment in Global Autonomous Emergency Braking System Market
- Competitive Analysis of Global Autonomous Emergency Braking System Market
- Prominent Players in the Global Autonomous Emergency Braking System Market
- SWOT Analysis of Global Autonomous Emergency Braking System Market
- Global Autonomous Emergency Braking System Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Autonomous Emergency Braking System Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Autonomous Emergency Braking System Market Manufacturing Base Distribution, Sales Area, Ingredients6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Autonomous Emergency Braking System Market
7. Global Autonomous Emergency Braking System Market, By System (USD Million)
7.1. Global Autonomous Emergency Braking System Market Value Share and Forecast, By System 2024-20337.2. Low Speed AEBS7.3. High Speed AEBS7.4. Others
8. Global Autonomous Emergency Braking System Market, By Vehicle Type (USD Million)
8.1. Global Autonomous Emergency Braking System Market Value Share and Forecast, By Vehicle Type 2024-20338.2. Passenger Cars8.3. Commercial Vehicles
9. Global Autonomous Emergency Braking System Market, By Technology (USD Million)
9.1. Global Autonomous Emergency Braking System Market Size Value Share and Forecast, By Technology 2024-20339.2. Crash Imminent Braking9.3. Dynamic Brake Support9.4. Forward Collision Warning
10. Global Autonomous Emergency Braking System Market, Forecast, 2020-2033 (USD Million)
10.1. Global Autonomous Emergency Braking System Market Size and Market Share
11. Global Autonomous Emergency Braking System Market, By System 2020-2033 (USD Million)
11.1. Global Autonomous Emergency Braking System Market Size and Market Share, By System (2020-2026)11.2. Global Autonomous Emergency Braking System Market Size and Market Share, By System (2027-2033)
12. Global Autonomous Emergency Braking System Market, By Vehicle Type 2020-2033 (USD Million)
12.1. Global Autonomous Emergency Braking System Market Size and Market Share, By Vehicle Type (2020-2026)12.2. Global Autonomous Emergency Braking System Market Size and Market Share, By Vehicle Type (2027-2033)
13. Global Autonomous Emergency Braking System Market, By Technology 2020-2033 (USD Million)
13.1. Global Autonomous Emergency Braking System Market Size and Market Share, By Technology (2020-2026)13.2. Global Autonomous Emergency Braking System Market Size and Market Share, By Technology (2027-2033)
14. Global Autonomous Emergency Braking System Market, By Region, 2020-2033 (USD Million)
14.1. Global Autonomous Emergency Braking System Market Size and Market Share, By Region (2020-2026)14.2. Global Autonomous Emergency Braking System Market Size and Market Share, By Region (2027-2033)14.3. Asia-Pacific14.3.1. Australia14.3.2. China14.3.3. India14.3.4. Japan14.3.5. South Korea14.3.6. Rest of Asia-Pacific14.4. Europe14.4.1. France14.4.2. Germany14.4.3. Italy14.4.4. Spain14.4.5. United Kingdom14.4.6. Rest of Europe14.5. Middle East and Africa14.5.1. Kingdom of Saudi Arabia14.5.2. United Arab Emirates14.5.3. Rest of Middle East & Africa14.6. North America14.6.1. Canada14.6.2. Mexico14.6.3. United States14.7. Latin America14.7.1. Argentina14.7.2. Brazil14.7.3. Rest of Latin America
15. Company Profile
15.1. Robert Bosch GmbH15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments15.2. Continental AG15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments15.3. ZF Friedrichshafen AG15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments15.4. Delphi Automotive LLP15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments15.5. Hyundai Mobis15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments15.6. Aisin Seiki Co. Ltd15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments15.7. Hitachi Automotive System Ltd.15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments15.8. Mando Corporation15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments15.9. Netradyne15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments15.10. Valeo S.A.15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Autonomous Emergency Braking System Market is projected to reach USD 142.9 billion by 2033, growing at a CAGR of 15.09% during the forecast period.
Autonomous Emergency Braking System Market size from 2022. The Market is expected to reach USD 142.9 billion by 2033, at a CAGR of 15.09% during the forecast period.
Autonomous Emergency Braking System Market CAGR of 15.09% during the forecast period.
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Autonomous Emergency Braking System Market size is 142.9 billion from 2024 to 2033.
Autonomous Emergency Braking System Market Segment is covered By System, By Vehicle Type, By Technology.
The North America anticipated to have the highest market share in the Autonomous Emergency Braking System Market.
The key players in the market include Companies Covered Robert Bosch GmbH, Continental AG, ZF Friedrichshafen AG, Delphi Automotive LLP, Hyundai Mobis, Aisin Seiki Co. Ltd, Hitachi Automotive System Ltd, Mando Corporation, Netradyne, Valeo S.A.
it makes use of radars, cameras, and on-board sensors. Much like the seatbelt, the advanced evolution of airbags (AEB) is regarded by experts as a significant advancement; but, unlike seatbelts.
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