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The Anti Lock Braking System (ABS) is a type of brake system and component used in automobiles to prevent wheel lockup during sudden braking. It works by monitoring the speed of each wheel and automatically modulating the brake pressure to prevent skidding. ABS is designed to improve vehicle stability and control, and reduce stopping distances in emergency braking situations. ABS is a popular choice for modern vehicles, as it provides improved safety and performance. It is also used in commercial vehicles, such as buses and trucks, to improve braking performance and reduce the risk of accidents. The ABS market is highly competitive, with a number of major players offering a range of products. Companies in the market include Bosch, Continental, Delphi, TRW Automotive, and WABCO. Show Less Read more