Autonomous Emergency Braking Market
Transport

Autonomous Emergency Braking Market Key Insights 2024-2033: Growth Rate, Trends And Opportunities

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

The Business Research Company’s Autonomous Emergency Braking Global Market Report 2024 offers crucial insights into the autonomous emergency braking market help businesses analyse and build stronger strategies.

 

The autonomous emergency braking (AEB) sector is experiencing rapid growth, driven by factors such as safety consciousness, technological advancements, and regulatory pressures.

Market Overview and Growth Projections

  • The AEB market size has surged, reaching $44.42 billion in 2023 and is expected to hit $52.18 billion in 2024, with a remarkable CAGR of 17.5%.
  • The growth in the historic period is attributed to factors like environmental awareness, hybrid and electric vehicle adoption, and stringent fuel efficiency regulations.
  • Forecasts project continued growth, with the market expected to reach $96.63 billion by 2028, driven by increased electric vehicle adoption, stricter emission standards, and advancements in energy recovery systems.

Factors Driving Market Expansion

  • Rising demand for safety features in automobiles.
  • Advancements in energy recovery systems and autonomous vehicle integration.
  • Increased consumer demand for sustainable technologies and stricter regulatory standards.

The Surge in Safety Feature Demand Fuels Growth in the AEB Market

  • Growing emphasis on road safety amplifies consumer preference for advanced safety features.
  • The National Safety Council of India reports a decrease in motor-vehicle deaths, highlighting the importance of safety technologies.
  • Regulatory bodies and consumers push for adaptive cruise control, lane-keeping assist, and AEB systems to enhance road safety.

Major Players in the AEB Market

  • Key companies driving innovation in the AEB market include Robert Bosch GmbH, Continental AG, and ZF Friedrichshafen AG.
  • Other significant players include Tesla Inc., Magna International Inc., and DENSO Corporation.

Innovations in Collision Detection and Avoidance Systems Propel Market Growth

  • AEB systems utilize innovative technologies to detect and prevent collisions.
  • NXP Semiconductors introduces the S32G GoldVIP platform, combining radar sensors and AI for intrusion detection.
  • Brembo introduces SENSIFY, an intelligent braking system integrating advanced software with brake components.

Cummins Inc Acquires Jacobs Vehicle Systems

  • Cummins Inc acquires Jacobs Vehicle Systems Inc, expanding its product portfolio with engine braking and valve actuation technologies.
  • The acquisition enhances Cummins’ growth opportunities and advanced engine platforms.

Market Segmentation

The AEB market is segmented based on:

  1. Vehicle Type: Passenger Cars, Commercial Vehicles
  2. Brake Type: Disc, Drum
  3. Technology: Crash Imminent Braking, Dynamic Braking Support
  4. System: Low Speed AEB System, Higher Speed AEB System, Pedestrian AEB System

Regional Dynamics

  • Asia-Pacific emerges as the largest region in the AEB market in 2023.

 

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https://www.thebusinessresearchcompany.com/report/autonomous-emergency-braking-global-market-report

 

The Autonomous Emergency Braking Global Market Report 2024  provides a comprehensive outlook of the autonomous emergency braking market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The autonomous emergency braking market forecast offers a thorough analysis on autonomous emergency braking market size, autonomous emergency braking market share, prominent players and their strategies.

 

The Table Of Content For The Autonomous Emergency Braking Market Include:
1. Autonomous Emergency Braking Market Executive Summary
2. Autonomous Emergency Braking Market Segments
3. Autonomous Emergency Braking Market Size And Autonomous Emergency Braking Market Growth Rate
4. Key Autonomous Emergency Braking Market Trends
5. Major Autonomous Emergency Braking Market Drivers
……
25. Key Mergers And Acquisitions In The Autonomous Emergency Braking Market
26. Top Autonomous Emergency Braking Companies
27. Autonomous Emergency Braking Market Opportunities And Strategies
28. Autonomous Emergency Braking Market, Conclusions And Recommendations
29. Appendix

 

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