The braking system forms a fundamental part of the vehicle along with the engine, powertrain, and vehicle body. Started as a mechanical device in the vehicle, the system aids in slowing or stopping the vehicle by means of friction. Since the invention of commercially viable automobiles in the late 1920s, technological advances have evolved the vehicle into a much safer, comfortable, and eco-friendly experience.
Vehicles have now become more than just a means of transportation. Innovations and developments have made vehicles more powerful and intelligent with the rapid adoption of electronics that can self-learn to adapt with real-time driving situations. Automobiles of toady boast of more electronics than mechanical parts and components with an average hatchback consisting of over 35%-40% electronic components in 2015 and we expect this to rise to over 60% by 2020. With rapid acceleration in technological development, the automotive braking industry is experiencing a gradual shift from mechanical to hydraulic braking, which is now rapidly shifting to electronically-controlled braking systems.
The analysts forecast the global automotive advanced emergency braking (AEB) system market to grow at a CAGR of 10.68% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive advanced emergency braking (AEB) system market for 2016-2020. To calculate the market size, the report considers a top-down approach is used, where the market is derived from the overall AEB system application volume.
The market is divided into the following segments based on geography:
The report, Global Automotive Advanced Emergency Braking (AEB) System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Continental AG
Other prominent vendors
- Insurance providers playing a catalyst for AEB growth
- Challenges in the field of refinement and accuracy of advance braking technologies
- Advanced braking technologies laying foundation for future of autonomous vehicles
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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- Report coverage
- Research methodology
- Economic indicators
- Key market highlights
- Value chain analysis
- Product lifecycle
- Regulatory framework
- Market overview
- Five forces analysis
PART 07: Market segmentation by geography
PART 08: Market drivers
PART 09: Market challenges
PART 10: Market trends
PART 11: Vendor landscape
- Competitive benchmarking
- Other prominent vendors
PART 13: Appendix
- List of abbreviations
List of Exhibits
Exhibit 01: Scope of the report
Exhibit 02: Definitions of products and markets
Exhibit 03: Product offerings
Exhibit 04: Timeline showing evolution of ADAS
Exhibit 05: Categorization of advanced braking systems and their functions
Exhibit 06: System architecture in automatic braking systems (AEB)
Exhibit 07: Impact on traffic of automated braking systems
Exhibit 08: Value chain involved in automatic braking (AEB) system market
Exhibit 09: Product lifecycle of braking systems
Exhibit 10: Product lifecycle: Auto Electronics
Exhibit 11: Regulatory framework of ADAS across nations
Exhibit 12: Segmentation of AEB system market
Exhibit 13: Global automotive AEB system market 2015-2020 (units in millions)
Exhibit 14: Evolution of autonomous parking system
Exhibit 15: OEMs cost pressure over electronic components
Exhibit 16: Cost-volume matrix for electronics segment (including auto electronics)
Exhibit 17: Global automotive LiDAR sensors market 2015-2020 ($ millions)
Exhibit 18: Five forces analysis in automotive AEB system market
Exhibit 19: Global automotive AEB system by vehicle type 2015 and 2020
Exhibit 20: Global automotive AEB system market by passenger cars 2015-2020 (millions of units)
Exhibit 21: Global automotive AEB system market by commercial vehicles 2015-2020 (millions of units)
Exhibit 22: Common causes of collision by trucks
Exhibit 23: Global automotive AEB system by geographic segmentation 2015-2020
Exhibit 24: Automotive AEB system in EMEA 2015-2020 (units in millions)
Exhibit 25: Change in the proportion of weightage in rating a vehicle by Euro NCAP 2014 and 2015
Exhibit 26: List of the cars awarded 5-star rating by Euro NCAP 2015
Exhibit 27: Automotive AEB system market in Americas 2015-2020 (millions of units)
Exhibit 28: AEB system adoption by car make in US: 2016-present
Exhibit 29: Automotive AEB system market in APAC 2015-2020 (millions of units)
Exhibit 30: Exhibit 23: Drivers in global automotive AEB systems market
Exhibit 31: Challenges in global automotive AEB system
Exhibit 32: Trends in global automotive AEB system market
Exhibit 33: Benchmarking of player in automotive AEB system market
Exhibit 34: Product portfolio of Bosch
Exhibit 35: Product portfolio of Continental AG
Exhibit 36: Product portfolio of Delphi
Exhibit 37: Product portfolio of ZF-TRW
The author of the report recognizes the following companies as the key players in the global automotive advanced emergency braking (AEB) system market: Bosch, Continental AG, Delphi, and ZF-TRW.
Other Prominent Vendors in the market are: Autoliv, and Mobileye.
Commenting on the report, an analyst from the research team said: “Advanced braking technologies will be a key trend for market growth. Along with artificial intelligence, high-performance vehicle-positioning and cloud connectivity, radar, and LiDAR-based camera assisted braking technologies would play a vital role in the future of automated cars. Automotive AEB system is serving as a base for making autonomous or future driverless cars a reality. LG and Mercedes-Benz, the two renowned brand in the gadgets and automobile markets, have collaborated to create stereo camera systems that would be used in future driverless cars.”
According to the report, electrification of automotive components for efficient braking and higher fuel efficiency will be a key driver for market growth. Since the late 21st century, automotive innovation is primarily driven by government regulations. As the automotive industry is a major contributor of environmental pollution, various governing bodies worldwide have directed regulations to reduce vehicle emissions along with increasing the fuel economy of vehicles. To comply with the regulations, OEMs and tier-1 suppliers have been actively investing in technologies to either reduce the overall weight of the vehicle. They are introducing electronically controlled vehicle mechanism to obtain higher accuracy in functioning, leading to higher fuel efficiency and reducing tailpipe emissions.
Further, the report states that making AEB as a standard will be a major challenge for the market. The automotive industry is gradually shifting toward making advanced braking technologies like AEB system as standard offering in vehicles, which can be seen in the European and American automotive markets. Automotive governing bodies have taken strategic measures to make the AEB system mandatory in all their vehicles by 2022. There are no doubts in the credibility of such collision avoidance systems as scientific studies carried out in developed economies reveal that they help in reducing collision rates significantly.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.