South America Automotive Autonomous Emergency Braking System Market – Size, Trends and Forecast (2024

South America 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

The autonomous emergency braking system is the new technology which is incorporated into vehicles not to completely avoid the trouble situations but too reduce the intensity of the collision. 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.

South America Automotive Autonomous Emergency Braking System Market Size & Growth:

South America Automotive Autonomous Emergency Braking System Market is anticipated to reach the value of $1.49 billion in 2024 from $0.98 billion in 2018 with CAGR of 5.18%. 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.

South America Automotive Autonomous Emergency Braking System Market Share:

In South America automotive autonomous emergency braking system market component, technology, operating speed, vehicle type, and geography are the segmentation.

South America 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

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 a clear image of 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 a component, 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 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. South America automotive autonomous emergency braking market is classified into regions of Brazil, Argentina, and others.

South America Automotive Autonomous Emergency Braking System Market

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South America 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

Trends:

Federal-mogul motor parts acquire Arnley brand which is leading producer of the automotive parts and in American region, in the regard of emergency braking
Freudenberg has enlarged their E-mobile solutions which are mainly focusing on the automotive emergency braking.

South America Automotive Autonomous Emergency

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