Global Automotive anti-lock braking system (ABS) Market Information Report By sub-systems (sensors, electronic control unit and hydraulic unit), by vehicle type (two wheelers, passenger cars and commercial vehicles) and by Region – Forecast To 2023
Market Synopsis:
Anti-lock braking systems are used to assist automotive for safe braking and easy steering in situations of wet or slippery road. The use of these systems in automotive prevents a person from slipping or skidding of a vehicle, and retains the control of steering after hard braking. The increase in demand of consumers for advanced safety features in the automobiles and the introduction of stringent safety laws & regulations by various transport authorities are driving the growth of anti-lock braking system.
Anti-lock braking system offers benefits such as the stable braking characteristics on all kinds of road surfaces, reduced tier wear and reduced braking distance. The rise in the number of on-road vehicles, increase in focus on vehicle safety and technological advancements, are expected to drive the growth of the market.
Leading automobile manufacturers are introducing anti-lock breaking system in both traditional and electric vehicles to the entry level vehicles, which is further expected to boost the growth of the market. The increase in number of auto collision, increased safety awareness, development of advance braking system for two wheelers and the improving technical advancements for ensuring the safety of the passengers and the automotive, also add to the market growth.
The market is expected to witness growth opportunities over the forecast period with the expansion strategy, followed by key players to enter into untapped markets of developing economies and development of advanced braking systems for two wheelers.
However, fluctuations in the prices of raw materials, and the high cost of maintenance, restrain the market growth. Therefore, the global automotive anti-lock braking system (ABS) market has seen a remarkable growth in the global market and it has been observed that, its demand in the future is expected to grow with the CAGR of ~7%.
Based on vehicle type, the market has been segmented into two wheeler, passenger cars, and commercial vehicle. Passenger car segment is expected to dominate the anti-lock braking system market due to the increase in the production of large number of passenger cars in countries such as China, U.S., Germany, and India.
Geographically, the global automotive anti-lock braking system (ABS) market has been divided into four major regions such as North America, Europe, Asia Pacific and Rest of the World. Asia Pacific region is expected to grow with the highest CAGR over the forecast period due to increasing diffusion rate for anti-lock braking system technology. In Asia Pacific, China is projected to dominate the growth of the anti-lock braking system market due to the increased road accidents and the rules & regulation imposed by government for installation of anti-lock braking system.
The prominent players in the automotive anti-lock braking system (ABS) market include Robert Bosch GmbH (Germany), Continental AG (Germany), Autoliv Inc. (Sweden), Nissin Kogyo Co., Ltd. (Japan), WABCO Vehicle Control Systems (Belgium), TRW Automotive (U.S.), Hyundai Mobis (South Korea), Denso Corporation (Japan), Hitachi Automotive Systems, Ltd. (Japan), and Advics Co., Ltd. (Japan).
The report for Global Automotive Anti-Lock Braking System (ABS) Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Frequently Asked Questions (FAQ) :
The Asia Pacific region is predicted to spearhead the market.
The market is projected to reveal a beneficial income in the forecast period.
A 7% CAGR is predicted to alter the market in the approaching period.
TRW Automotive (U.S.), Hyundai Mobis (South Korea), WABCO Vehicle Control Systems (Belgium), and Denso Corporation (Japan) are promoting the advancement of the market.
The intensifying number of on-road vehicles are predicted to bolster the market share in the coming period.
Table of content
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining power of buyers
3.1.3 Bargaining power of suppliers
3.1.4 Threat of substitutes
3.1.5 Segment rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Automotive anti-lock braking system (ABS) Market , By Sub-Systems
5.1 Introduction
5.2 Sensors
5.2.1 Market Estimates & Forecast, 2017-2023
5.2.2 Market Estimates & Forecast by Region, 2017-2023
5.3 Electronic Control Unit
5.3.1 Market Estimates & Forecast, 2017-2023
5.3.2 Market Estimates & Forecast by Region, 2017-2023
5.4 Hydraulic Unit
5.4.1 Market Estimates & Forecast, 2017-2023
5.4.2 Market Estimates & Forecast by Region, 2017-2023
6 Global Automotive anti-lock braking system (ABS) Market , By Vehicle Type
6.1 Introduction
6.2 Two Wheelers
6.2.1 Market Estimates & Forecast, 2016-2023
6.2.2 Market Estimates & Forecast by Region, 2016-2023
6.3 Passenger Cars
6.3.1 Market Estimates & Forecast, 2016-2023
6.3.2 Market Estimates & Forecast by Region, 2016-2023
6.3 Commercial Vehicles
6.3.1 Market Estimates & Forecast, 2016-2023
6.3.2 Market Estimates & Forecast by Region, 2016-2023
7 Global Automotive anti-lock braking system (ABS) Market , By Region
7.1 Introduction
7.2 North America
7.2.1 Market Estimates & Forecast, 2017-2023
7.2.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.2.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.2.4 The U.S
7.2.4.1 Market Estimates & Forecast, 2017-2023
7.2.4.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.2.5.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.2.5 Canada
7.2.5.1 Market Estimates & Forecast, 2017-2023
7.2.5.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.2.5.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.3 Europe
7.3.1 Market Estimates & Forecast, 2017-2023
7.3.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.3.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.3.4 U.K
7.3.4.1 Market Estimates & Forecast, 2017-2023
7.3.4.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.3.4.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.3.5 Germany
7.3.5.1 Market Estimates & Forecast, 2017-2023
7.3.5.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.3.5.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.3.6 France
7.3.6.1 Market Estimates & Forecast, 2017-2023
7.3.6.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.3.6.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.3.7 Italy
7.3.7.1 Market Estimates & Forecast, 2017-2023
7.3.7.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.3.7.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.3.8 Rest of Europe
7.3.8.1 Market Estimates & Forecast, 2017-2023
7.3.8.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.3.8.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.4 Asia Pacific
7.4.1 Market Estimates & Forecast, 2017-2023
7.4.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.4.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.4.4 China
7.4.4.1 Market Estimates & Forecast, 2017-2023
7.4.4.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.4.4.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.4.5 Japan
7.4.5.1 Market Estimates & Forecast, 2017-2023
7.4.5.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.4.5.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.4.6 India
7.4.6.1 Market Estimates & Forecast, 2017-2023
7.4.6.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.4.6.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.4.7 Rest of Asia Pacific
7.4.7.1 Market Estimates & Forecast, 2017-2023
7.4.7.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.4.7.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
7.5 Rest of the World
7.5.1 Market Estimates & Forecast, 2017-2023
7.5.2 Market Estimates & Forecast by Sub-Systems, 2017-2023
7.5.3 Market Estimates & Forecast by Vehicle Type, 2017-2023
8 Competitive Landscape
9 Company Profile
9.1 Robert Bosch GmbH (Germany)
9.1.1 Company Overview
9.1.2 Products/Services Offering
9.1.3 Financial Overview
9.1.4 Key Developments
9.1.5 Strategy
9.1.6 SWOT Analysis
9.2 Continental AG (Germany)
9.2.1 Company Overview
9.2.2 Products/Services Offering
9.2.3 Financial Overview
9.2.4 Key Developments
9.2.5 Strategy
9.2.6 SWOT Analysis
9.3 Autoliv Inc. (Sweden)
9.3.1 Company Overview
9.3.2 Products/Services Offering
9.3.3 Financial Overview
9.3.4 Key Developments
9.3.5 Strategy
9.3.6 SWOT Analysis
9.4 Nissin Kogyo Co., Ltd. (Japan)
9.4.1 Company Overview
9.4.2 Products/Services Offering
9.4.3 Financial Overview
9.4.4 Key Developments
9.4.5 Strategy
9.4.6 SWOT Analysis
9.5 WABCO Vehicle Control Systems (Belgium)
9.5.1 Company Overview
9.5.2 Products/Services Offering
9.5.3 Financial Overview
9.5.4 Key Developments
9.5.5 Strategy
9.5.6 SWOT Analysis
9.6 TRW Automotive (U.S.)
9.6.1 Company Overview
9.6.2 Products/Services Offering
9.6.3 Financial Overview
9.6.4 Key Developments
9.6.5 Strategy
9.6.6 SWOT Analysis
9.7 Hyundai Mobis (South Korea)
9.7.1 Company Overview
9.7.2 Products/Services Offering
9.7.3 Financial Overview
9.7.4 Key Developments
9.7.5 Strategy
9.7.6 SWOT Analysis
9.8 Denso Corporation (Japan)
9.8.1 Company Overview
9.8.2 Products/Services Offering
9.8.3 Financial Overview
9.8.4 Key Developments
9.8.5 Strategy
9.8.6 SWOT Analysis
9.9 Hitachi Automotive Systems, Ltd. (Japan)
9.9.1 Company Overview
9.9.2 Products/Services Offering
9.9.3 Financial Overview
9.9.4 Key Developments
9.9.5 Strategy
9.9.6 SWOT Analysis
9.10 Advics Co., Ltd. (Japan)
9.10.1 Company Overview
9.10.2 Products/Services Offering
9.10.3 Financial Overview
9.10.4 Key Developments
9.10.5 Strategy
9.10.6 SWOT Analysis
List of Tables
Table 1 Global Automotive anti-lock braking system (ABS) Market: By Region, 2017-2023
Table 2 North America Automotive anti-lock braking system (ABS) Market: By Country, 2017-2023
Table 3 Europe Automotive anti-lock braking system (ABS) Market: By Country, 2017-2023
Table 4 Asia Pacific Automotive anti-lock braking system (ABS) Market: By Country, 2017-2023
Table 5 RoW Automotive anti-lock braking system (ABS) Market: By Country, 2017-2023
Table 6 Global Automotive anti-lock braking system (ABS) Market, by Sub-Systems, By Regions, 2017-2023
Table 7 North America Automotive anti-lock braking system (ABS) Market, by Sub-Systems, By Country, 2017-2023
Table 8 Europe Automotive anti-lock braking system (ABS) Market, by Sub-Systems, By Country, 2017-2023
Table 9 Asia Pacific Automotive anti-lock braking system (ABS) Market by Sub-Systems, By Country, 2017-2023
Table 10 RoW Automotive anti-lock braking system (ABS) Market by Sub-Systems, By Country, 2017-2023
Table 11 Global Automotive anti-lock braking system (ABS) Market by Application: By Regions, 2017-2023
Table 12 North America Automotive anti-lock braking system (ABS) Market by Application: By Country, 2017-2023
Table 13 Europe Automotive anti-lock braking system (ABS) Market by Application: By Country, 2017-2023
Table 14 Asia Pacific Automotive anti-lock braking system (ABS) Market by Application: By Country, 2017-2023
Table 15 RoW Automotive anti-lock braking system (ABS) Market by Application: By Country, 2017-2023
Table 16 Global Automotive anti-lock braking system (ABS) Market: By Region, 2017-2023
Table 17 North America Automotive anti-lock braking system (ABS) Market, By Country
Table 18 North America Automotive anti-lock braking system (ABS) Market, by Sub-Systems
Table 19 North America Automotive anti-lock braking system (ABS) Market, By Application
Table 20 Europe: Automotive anti-lock braking system (ABS) Market, By Country
Table 21 Europe: Automotive anti-lock braking system (ABS) Market, by Sub-Systems
Table 22 Europe: Automotive anti-lock braking system (ABS) Market, By Application
Table 23 Asia Pacific: Automotive anti-lock braking system (ABS) Market, By Country
Table 24 Asia Pacific: Automotive anti-lock braking system (ABS) Market, by Sub-Systems
Table 25 Asia Pacific: Automotive anti-lock braking system (ABS) Market, By Application
Table 26 RoW: Automotive anti-lock braking system (ABS) Market, By Region
Table 27 RoW Automotive anti-lock braking system (ABS) Market, by Sub-Systems
Table 28 RoW Automotive anti-lock braking system (ABS) Market, By Application
List of Figures
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
FIGURE 8 GLOBAL AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET SHARE, BY SUB-SYSTEMS, 2016 (%)
FIGURE 9 GLOBAL AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET, BY TECHNOLOGY SUB-SYSTEMS, 2015-2023 (USD MILLION)
FIGURE 10 GLOBAL AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET SHARE (%), BY REGION, 2016
FIGURE 11 GLOBAL AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET, BY REGION, 2015-2023 (USD MILLION)
FIGURE 12 NORTH AMERICA AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET SHARE (%), 2016
FIGURE 13 NORTH AMERICA AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET BY COUNTRY, 2015-2023 (USD MILLION)
FIGURE 14 EUROPE AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET SHARE (%), 2016
FIGURE 15 EUROPE AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET BY COUNTRY, 2015-2023 (USD MILLION)
FIGURE 16 ASIA PACIFIC AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET SHARE (%), 2016
FIGURE 17 ASIA PACIFIC AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET BY COUNTRY, 2015-2023 (USD MILLION)
FIGURE 18 REST OF THE WORLD AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET SHARE (%), 2016
FIGURE 19 REST OF THE WORLD AUTOMOTIVE ANTI-LOCK BRAKING SYSTEM (ABS) MARKET BY COUNTRY, 2015-2023 (USD MILLION)