Electronic Stability Control (ESC) - Global Strategic Business Report

Quick Summary:

As the safety of passengers becomes a preeminent concern in the automotive industry, technology like Electronic Stability Control (ESC) has assumed a critical role in the design and functionality of vehicles. Our latest comprehensive report presents a thorough analysis of the ESC market, projected to expand significantly to reach a commendable size of US$64.5 billion by 2030 from US$34.4 billion in 2022. The report not only offers insights into the promising market growth but demonstrates the potential of segments like Passenger Cars, poised to reach a striking US$43.8 billion by the end of the forecasted period.

Detailed market estimations and forecasts for key geographies have been included, revealing the United States market as valued at US$10.1 Billion in 2022 with the burgeoning China market catching up, predicted to grow at a CAGR of 7.6%. The report also delineates the competitive landscape, featuring esteemed stakeholders such as Continental AG, Delphi Automotive PLC, and Denso Corporation to name a few. Furthermore, our report incorporates meticulous research, bespoke updates, online interactive peer-to-peer collaboration and one year free updates, ensuring our subscribers have the most accurate and timely information at their fingertips.

Global Electronic Stability Control (ESC) Market to Reach $64.5 Billion by 2030

The global market for Electronic Stability Control (ESC) estimated at US$34.4 Billion in the year 2022, is projected to reach a revised size of US$64.5 Billion by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030. Passenger Cars, one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach US$43.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Light Commercial Vehicles segment is readjusted to a revised 7.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $10.1 Billion, While China is Forecast to Grow at 7.6% CAGR

The Electronic Stability Control (ESC) market in the U.S. is estimated at US$10.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11.1 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.

Select Competitors (Total 33 Featured) -

Continental AG
Delphi Automotive PLC
Denso Corporation
Hitachi Ltd.
Hyundai Mobis Co., Ltd.
Knorr-Bremse AG
Mando Corporation
Robert Bosch GmbH
ZF Friedrichshafen AG

What's New?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Frequently Asked Questions about the Global Market for Electronic Stability Control (ESC)

What is the estimated value of the Global Market for Electronic Stability Control (ESC)?

The Global Market for Electronic Stability Control (ESC) was estimated to be valued at $34.4 Billion in 2022.

What is the growth rate of the Global Market for Electronic Stability Control (ESC)?

The growth rate of the Global Market for Electronic Stability Control (ESC) is 8.2%, with an estimated value of $64.5 Billion by 2030.

What is the forecasted size of the Global Market for Electronic Stability Control (ESC)?

The Global Market for Electronic Stability Control (ESC) is estimated to be worth $64.5 Billion by 2030.

Who are the key companies in the Global Market for Electronic Stability Control (ESC)?

Key companies in the Global Market for Electronic Stability Control (ESC) include Continental AG, Delphi Automotive PLC, Denso Corporation, Hitachi Ltd., Hyundai Mobis Co., Ltd., Knorr, Bremse AG, Mando Corporation, Robert Bosch GmbH and ZF Friedrichshafen AG.

Report Attribute	Details
No. of Pages	242
Published	September 2023
Forecast Period	2022 - 2030
Estimated Market Value ( USD ) in 2022	$ 34.4 Billion
Forecasted Market Value ( USD ) by 2030	$ 64.5 Billion
Compound Annual Growth Rate	8.2%
Regions Covered	Global

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Electronic Stability Control (ESC) - Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Need to Improve Road Safety and Reduce Accidents Fuels Growth in the ESC Systems Market
Mandatory Use of ESC in New Passenger Cars Augurs Well for the Market
Rear Wheel Drive Segment Dominates ESC Systems Market by Drive Type
Passenger Cars Lead Global ESC Systems Market
Asia-Pacific to Drive Future Growth
An Intensely Competitive Market
Global ESC System Market - Percentage Breakdown of Sales by Leading Players

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Automobile Production Trends Set the Tone for ESC Systems Market
World Production of Light Vehicles in Million Units for the Period 2015-2023
Electronic Brakeforce Distribution System Market: Favorable Growth Outlook
Global Electronic Brake Force Distribution (EBD) System Market - Percentage Breakdown of Sales by Application
Anti-lock Braking System (ABS) Market Driven by the Enhanced Focus of Automakers on Reducing Accidents
Traction Control Systems Market: Increasing Focus on Safety Drives Growth
Motorcycle Stability Control Market: Less Stability of Two-Wheelers Fuels Growth
Motorcycle TCS Market - Growing Sales of Big Capacity Motorcycles Fuels Prospects
Japan and EU to Mandate AEB Standard in New Cars and LCVs from 2020
Product Overview
Electronic Stability Control (ESC) - An Introduction
Electronic Brakeforce Distribution (EBD) - Definition
An Insight into the Functioning of EBD System
Traction Control System (TCS)
Anti-Lock Braking System (ABS)
Vehicle Dynamics Control Systems

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 2: World Historic Review for Electronic Stability Control (ESC) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 3: World 16-Year Perspective for Electronic Stability Control (ESC) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
Table 4: World Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 5: World Historic Review for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 6: World 16-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
Table 7: World Electronic Stability Control (ESC) Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
Table 8: World Recent Past, Current & Future Analysis for Light Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 9: World Historic Review for Light Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 10: World 16-Year Perspective for Light Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
Table 11: World Recent Past, Current & Future Analysis for Heavy Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 12: World Historic Review for Heavy Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 13: World 16-Year Perspective for Heavy Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030

III. MARKET ANALYSIS

UNITED STATES

Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
NHTSA's ESC Mandate Seeks to Improve Safety
US: NTSB Recommends ABS and ESC as Standard Equipment for New Motorcycles
Federal Mandate Requires Class 7 & 8 Tractors to be Equipped with ESC Systems
Table 14: USA Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 15: USA Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 16: USA 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

CANADA

Table 17: Canada Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 18: Canada Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 19: Canada 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

JAPAN

Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
Table 20: Japan Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 21: Japan Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 22: Japan 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

CHINA

Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
Table 23: China Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 24: China Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 25: China 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

EUROPE

Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
Vehicle Safety Standards in the EU - A Review
Table 26: Europe Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 27: Europe Historic Review for Electronic Stability Control (ESC) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 28: Europe 16-Year Perspective for Electronic Stability Control (ESC) by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2023 & 2030
Table 29: Europe Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 30: Europe Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 31: Europe 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

FRANCE

Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
Table 32: France Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 33: France Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 34: France 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

GERMANY

Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
Table 35: Germany Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 36: Germany Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 37: Germany 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

ITALY

Table 38: Italy Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 39: Italy Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 40: Italy 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

UNITED KINGDOM

Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
Table 41: UK Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 42: UK Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 43: UK 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

REST OF EUROPE

Table 44: Rest of Europe Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 45: Rest of Europe Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 46: Rest of Europe 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

ASIA-PACIFIC

Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
India - ABS Becomes Mandatory for Two-Wheelers
India: ESC and AEB to Become Mandatory for Cars by 2022-23
Table 47: Asia-Pacific Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 48: Asia-Pacific Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 49: Asia-Pacific 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

REST OF WORLD

Table 50: Rest of World Recent Past, Current & Future Analysis for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Table 51: Rest of World Historic Review for Electronic Stability Control (ESC) by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 52: Rest of World 16-Year Perspective for Electronic Stability Control (ESC) by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2023 & 2030

IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

Continental AG
Delphi Automotive PLC
Denso Corporation
Hitachi Ltd.
Hyundai Mobis Co., Ltd.
Knorr-Bremse AG
Mando Corporation
Robert Bosch GmbH
ZF Friedrichshafen AG

Quick Summary:

Global Electronic Stability Control (ESC) Market to Reach $64.5 Billion by 2030

The U.S. Market is Estimated at $10.1 Billion, While China is Forecast to Grow at 7.6% CAGR

Select Competitors (Total 33 Featured) -

What's New?

What is the estimated value of the Global Market for Electronic Stability Control (ESC)?

What is the growth rate of the Global Market for Electronic Stability Control (ESC)?

What is the forecasted size of the Global Market for Electronic Stability Control (ESC)?

Who are the key companies in the Global Market for Electronic Stability Control (ESC)?

Table of Contents

Companies Mentioned

Related Topics

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