Automotive Electronic Brake System Market Technologies, Growth Opportunity, Size, Share, Demands, Top Players Analysis, Current Trends and Industry Outlook 2030
Research Reports
Dec 13, 2022
Automotive Electronic Brake System Market Research Report and Growth Analysis 2023 By Components (Sensors, Actuators, Control Units, Others) Technology (Brake Assistance, Autonomous Emergency Braking, Electronic Stability Control, Anti-Lock Braking System) Sales Channel (OEM, Aftermarket) Vehicle Type: (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle) Forecast 2022-2030
Automotive Electronic Brake System Market Overview
Automotive Electronic Brake System Market is expected to be valued at USD 41,930.2 million with a CAGR of 6.4% Forecast by 2030
The ability of automotive electronic braking systems to enhance vehicle safety is one of the prime reasons behind growing demand. At the same time, these systems also do require minimal maintenance. Moreover, introduction of advanced electronic braking systems is also a prime reason behind promising prospects. To be specific, growing popularity of high-end technicalities like Traction Control System or TCS and ABS systems also does make the prospects of global automotive electronic brake system market significant in forecast period.
Automotive Electronic Brake System Market Key Players
- Advics Group (US)
- Autoliv Inc. (Sweden)
- Continental AG (Germany)
- Delphi Automotive Plc (US)
- Denso Corporation (Japan)
- Haldex AB (Sweden)
- Knorr Bremse AG (Germany)
- Robert Bosch GMBH (Germany)
- Wabco Holdings Inc. (US)
- ZF TRW Automotive (US) and others.
Request Free Sample of Report @ https://www.marketresearchfuture.com/sample_request/6909
Advent of electronic braking system in automobile segment has transformed the market scenario immensely, making the market prospects promising. Massive demand from safety facilitators like ABS is also one of the prime reasons behind the growth of electronic braking system market. Growing demand and massive production in automotive industry are also among the reasons behind the growth of global automotive electronic braking systems market. Growing purchase power can also be one of the reasons behind the promising market scenario.
Segmentation of automotive electronic brake system market
Global automotive electronic brake system market can be segmented on vehicles, channels, and products. In terms of product, the market can be further classified into disc brakes and drum brakes. To be specific about electronic brake systems, it is consist of disc type and drum-type braking elements. In terms of application, these devices can be further classified into passenger cars, two-wheelers, and light commercial vehicles. Based on region, global automotive electronic brake system market can be further classified into North America, Asia Pacific, Europe, Europe, and South America, which is led mainly by Asia Pacific.
Automotive Electronic Brake System Market Regional analysis
Geographically, global automotive electronic brake system market can be further classified into North America, Asia Pacific, Europe, Europe, and South America, which is led mainly by Asia Pacific. Asia Pacific is the most prominent player in the market, followed by Europe and Asia Pacific. Asia Pacific is promising in terms of its growth rate. Among these, Japan and South Korea are said to be the major contributors. Keeping the growing number of serious accident insight and growing fleet, China is projected to be one of the prominent markets that will play major growth in this business.
Ask for an Amazing Discount: https://www.marketresearchfuture.com/check-discount/6909
Automotive Electronic Brake System Industry news
Reportedly, Global automotive electronic brake system market is going to remain the most consistent between the forecast period of 2022 and 2030. Growing rate of automobile production and advanced safety demand is cited as the prime reason behind the promising future of global automotive electronic brake system market
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 GLOBAL AUTOMOTIVE ELECTRONIC BRAKE SYSTEM MARKET, BY COMPONENT
1.1.2 GLOBAL AUTOMOTIVE ELECTRONIC BRAKE SYSTEM MARKET, BY TECHNOLOGY
1.1.3 GLOBAL AUTOMOTIVE ELECTRONIC BRAKE SYSTEM MARKET, BY SALES CHANNEL
1.1.4 GLOBAL AUTOMOTIVE ELECTRONIC BRAKE SYSTEM MARKET, BY VEHICLE TYPE
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN AND BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 TRANSITION TO EV MOBILITY AND INCREASING NUMBER OF ROAD ACCIDENTS
4.2.2 GROWING DEMAND FOR AUTOMOTIVE ELECTRONIC BRAKE SYSTEMS IN AFTERMARKET
4.2.3 DRIVER IMPACT ANALYSIS
4.3 RESTRAINTS
4.3.1 HIGH DEVELOPMENT COST OF ELECTRONIC BRAKE SYSTEM AND DECREASE IN AUTOMOTIVE PRODUCTION DUE TO SEVERE PANDEMIC SPREAD ACROSS THE GLOBE
4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITY
4.4.1 AUGMENTED SALES OF LUXURY VEHICLES AND GROWING DEMAND FOR LIGHTWEIGHT PRODUCTS
4.5 COVID-19 IMPACT ANALYSIS
…Continued.
Talk To Expert: https://www.marketresearchfuture.com/ask_for_schedule_call/6909
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact Information:
Contact Market Research Future 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Website: https://www.marketresearchfuture.com
Tags:
Wire, Research Newswire, English