Asia-Pacific Automotive Autonomous Emergency Braking System Market – Share, Outlook, Trends, Size and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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Asia-Pacific Automotive Autonomous Emergency Braking System Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

As the vehicle production is increasing in Asian regions, the automotive emergency braking market is to attain the inclined growth. The autonomous emergency braking system is the new technology which is incorporated into vehicles to apply the automatic brakes if car driver fails to respond in an emergency situation and are used in the controlling of the vehicle in traffic conditions. The autonomous emergency braking system is used not to avoid the trouble situations completely but too reduce the intensity of the collision.

APAC Automotive Autonomous Emergency Braking System Market Size & Growth:

APAC Automotive Autonomous Emergency Braking System Market is anticipated to reach the value of $1.59 billion in 2024 from $1.03 billion in 2018 with CAGR of 5.26%. Key parameters like rising safety concerns and mandatory government regulations, advancements in vehicle emergency systems and inclined adoption rate, the rise in the consumer spending power and encouragement by the new car assessment program are accelerating this market growth. Automotive autonomous emergency braking system market has opportunities for increasing passenger vehicle registrations, increasing demand for commercial vehicles. Factors like lack of infrastructure and high cost associated with AEBS, Lack of functional clarity in making AEBS are restraining the market growth.

APAC Automotive Autonomous Emergency Braking System Market Share:

In APAC automotive autonomous emergency braking system market component, technology, operating speed, vehicle type, and geography are the segmentation. LiDAR, RADAR, Camera-based AEB, Fusion-based AEB are the classifications based on technology. Sensors with multi-purpose cameras incorporated in automotive mainly fixed on the back of the vehicle to display ca lear image of

Asia-Pacific Automotive Autonomous Emergency Braking System Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
the surroundings on the screen which is present at the driver. Camera-based AEB is expected to hold the largest market share is owing to its assistance and safety functions. On the base of comthe ponent, controllers, sensors, actuators, audible buzzers and visual indicators are the classifications. Where actuators are top in the market share, owing to the number of actuators in automobiles is more when compared to other components.

Commercial vehicles and passenger vehicles are the classifications based on the vehicle type. Passenger vehicle segment poised to have the large share and is leading the market. Owing to the larger volume and passenger safety when compared to the commercial vehicles. Low speed inter AEB system, high speed inter-urban AEB system and pedestrian road users system are the classifications based on the operating speed.  Low speed AEBs generally operate at lesser speeds, whereas high speed inter-urban AEB systems operate at very high speeds and it is anticipated that sports utility vehicle(SUV) production which is high speed vehicle is likely to be increased within the forecast period. Number of  vehicles running under the  high speed AEB conditions are expected to be increased.

Automotive autonomous emergency braking market is classified into regions of China, India, Japan, Australia and New Zealand. APAC is the fastest market where automotive autonomous emergency braking market is considered as higher penetration of the AEB systems and increased production value of automobiles are driving the market growth. Developing economies like China and India have increased their production of automotive  to 35% in the forecast period. China

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Asia-Pacific Automotive Autonomous Emergency Braking System Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
is hub for automobiles as owing to the advantages like availability of skilled labor and cheap labor costs.

APAC Automotive Autonomous Emergency Braking System Market Trends:

  • ZF launches first heavy-duty electric park brake incorporated in the ford motor company’s vehicle.
  • Knorr bremse signs the strategic corporate framework agreement with the FAW Jiefang automotive company in the regard of upgradation of automotive

APAC Automotive Autonomous Emergency Braking System Market Research Reports Includes:

  • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have complete market analysis through industry value chain analysisPorter’s fivePESTLESWOTanalysis, and Y-o-Y analysis.
  • Regional and global diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on YearOnYear
  • Identifying DROCin the current market and their impact in altering the market dynamics.
  • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
  • Expertise investment opportunities by an analyst to the individual and organization to have a better foothold in the market.
  • Identify the latest developments, market shares and strategies that are employed by the major market players, such as
  • Robert Bosch GmbH
  • ZF Friedrichshafen AG
  • Texas Instruments Incorporated
  • Continental AG
  • Hyundai Mobis Co., Ltd.

Along with these companies, there were many other companies are considered in the report while analyzing the Diagnostic Imaging Equipment market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

 

 

 

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