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. Cameras which are incorporated in the vehicle helps in alerting the driver if any vehicle is exceeding for forwarding or backward directions. If the driver is not in a position to control automatic brakes are applied, which helps in rescuing from the trouble condition. As the vehicle production is increasing in all parts around the globe, the automotive emergency braking market is to attain the inclined growth.
The Middle East & Africa Automotive Autonomous Emergency Braking System Market Size & Growth:
The Middle East & Africa Automotive Autonomous Emergency Braking System Market is anticipated to reach the value of $1.45 billion in 2024 from $1.02 billion in 2018 with CAGR of 5.14%. 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.
The Middle East & Africa Automotive Autonomous Emergency Braking System Market Share:
In the Middle East & Africa automotive autonomous emergency braking system market component, technology,
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 the high-speed vehicle is likely to be increased within the forecast period. Some vehicles running under the high-speed AEB conditions are expected to be increased. The Middle East & Africa automotive autonomous emergency braking system market is classified into the Middle East and Africa regions.
The Middle East & Africa Automotive Autonomous Emergency Braking System
The Middle East & Africa Automotive Autonomous
Starting from $2700
Starting from $2700
Starting from $2700
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