Industry Outlook and Trend Analysis
The Automatic Emergency Braking (AEB) Market is predicted to garner lucrative market share by 2025, while registering itself at a significant compound annual growth rate (CAGR) during the forecast period. Expanding awareness of consumers in regards to the security of pedestrian and passenger combined with government rules to introduce safety related technologies in the vehicle are essential elements that are driving the automatic emergency braking market. The objective of the OEMs was to ensure the driver and travelers inside the vehicle are safe and subsequently the technologies developed were in conjunction with this pattern. Lack of infiltration in developing nations is confining the automatic emergency braking market development in spite of high readiness to purchase the AEB empowered vehicles. High expenses and questionable performance of these technologies in a few countries are inhibiting the growth of the industry.
Vehicle Type Outlook and Trend Analysis
The OEMs have begun to offer AEB technology as a standard in enthusiasm of active and passive wellbeing. Increasing sales of luxury vehicles and new vehicle fragments, for example, hybrids or mini SUV over the globe has requested strong AEB safety technology. City AEB systems are favored for the most part for traveler vehicles to diminish the closely following effects by decreasing the protection and repair costs. Increasing willingness of consumers to adopt new vehicles having technologically propelled security highlights and driver help will bolster the demand of automatic emergency braking market.
Regional Outlook and Trend Analysis
EMEA is anticipated to rule the automatic emergency braking market inferable from early implementation, especially in Germany and the UK. The organizations are implementing this technology to fulfill the universal determinations and enactments drafted by different car assessment agencies. Also, existence of multinational automobile companies concentrating more on adopting security measures for active security of individuals alongside regulation support from the legislature will drive the development of the automatic emergency braking market size.
The major players in the market are Continental AG, Mercedes-Benz, BMW, Mitsubishi Motors, Ford Motor Company, Robert Bosch GmbH, Autoliv, Magna International, Mazda Motor Corporation, Audi, General Motors, Mobileye and Aptiv. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Automatic Emergency Braking (AEB) Market
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?