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Electronic Stability Control (ESC) - Global Strategic Business Report

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    Report

  • 242 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804314
The global market for Electronic Stability Control (ESC) is estimated at US$37.4 Billion in 2023 and is projected to reach US$64.5 Billion by 2030, growing at a CAGR of 7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Passenger Cars end-use segment, which is expected to reach US$43.8 Billion by 2030 with a CAGR of 7.8%. The Light Commercial Vehicles end-use segment is also set to grow at 6.4% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $11.1 Billion in 2023, and China, forecasted to grow at an impressive 6.5% CAGR to reach $11.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Electronic Stability Control (ESC) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electronic Stability Control (ESC) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Electronic Stability Control (ESC) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Continental AG, Delphi Automotive PLC, Denso Corporation, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

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

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

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)
  • Global Economic Update
  • 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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 2030
JAPAN
  • Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (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 2023 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 2022 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, 2024 & 2030
CHINA
  • Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (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 2023 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 2022 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, 2024 & 2030
EUROPE
  • Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 2030
FRANCE
  • Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (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 2023 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 2022 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, 2024 & 2030
GERMANY
  • Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 2030
UNITED KINGDOM
  • Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 2030
ASIA-PACIFIC
  • Electronic Stability Control (ESC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

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

Table Information