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Data Bridge Market Research has unveiled a new report called “Autonomous Emergency Braking Market“ which provides an in-depth exploration of growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive landscape. The Autonomous Emergency Braking marketing report offers an in-depth investigation of the market driving factors, opportunities, restraints, and challenges for obtaining crucial insight of the market. Such a brilliant report has been prepared by a team of enthusiastic analysts, skilled researchers, and experienced forecasters who work meticulously for the same. The wide-ranging market research report presents intelligent solutions to versatile business challenges and instigates an effortless decision-making process.
Data Bridge Market Research analyses that the autonomous emergency braking market is expected to reach USD 101.04 billion by 2030, which is USD 35.67 billion in 2022, at a CAGR of 13.90% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Autonomous Emergency Braking Market Dynamics
Drivers
- Growing number of accidents
The increasing number of accidents is anticipated to drive the growth rate of the autonomous emergency braking market during the forecast period. Accidents refer to any injury owing to crashes involving a vehicle fully or partially on a public road. Autonomous emergency braking helps recognize when a potential collision is possible and responds by automatically applying the brakes to slow down a vehicle before impacting it to a stop to avoid a collision.
Opportunities
- Rise in the product innovations
New product innovations have developed as the major trend which are gaining popularity in the global autonomous emergency braking market and create numerous opportunities for the market growth in upcoming years. Major market pkayers operating in the autonomous emergency braking sector are focused on launching product innovations to maintain their position in the global market. For instance, ZF Friedrichshafen AG which is a Germany-based company that manufactures car parts for autonomous emergency breaks has launched the OnGuardMAX system in April 2021. This is the most advanced autonomous emergency braking technology. It comprises autonomous braking capability and advanced object detection and autonomously detect the vehicles.
Some Of The Major Players Operating In The Autonomous Emergency Braking Market Are:
- Robert Bosch GmbH (Germany)
- BorgWarner Inc. (U.K.)
- Mercedes-Benz Group AG (Germany)
- Continental AG (Germany)
- Valeo (France)
- ZF Friedrichshafen AG (Germany)
- Tesla (U.S.)
- Magna International Inc, (Canada)
- Waymo LLC (U.S.)
- BMW (Germany)
- Texas Instruments Incorporated. (U.S.)
- General Motors (U.S.)
- Audi AG (Germany)
- NXP Semiconductor (Netherlands)
- Ford Motor Company (U.S.)
- Volkswagen (Germany)
- Toyota Kirloskar Motor (India)
- DENSO Corporation (Japan)
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Autonomous Emergency Braking Market Segmentations:
Brake
- Disc
- Drum
System
- Low Speed AEB System
- Higher Speed AEB System
- Pedestrian AEB System
Technology
- Crash Imminent Braking
- Dynamic Brake Support
- Forward Collision Warning
Vehicle
- ICE
- Electric
- Hybrid Vehicle
Autonomous Emergency Braking Market Regional Analysis/Insights
The countries covered in the autonomous emergency braking market report are report U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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