Automotive Autonomous Emergency Braking System (AEBS) Market Size, Share & Trends Analysis Report By Product (Low-speed AEBS,High-speed AEBS), And Segment Forecasts, 2024 - 2031
The growth of the "Automotive Autonomous Emergency Braking System (AEBS) market" has been significant, driven by various critical factors. Increased consumer demand, influenced by evolving lifestyles and preferences, has been a major contributor.
Automotive Autonomous Emergency Braking System (AEBS) Market Report Outline, Market Statistics, and Growth Opportunities
The Automotive Autonomous Emergency Braking System (AEBS) market research reports indicate a promising growth trajectory, with an estimated annual growth rate of 12.5% from 2024 to 2031. This growth is attributed to increasing safety concerns, government regulations mandating the installation of advanced safety features in vehicles, and the rising adoption of autonomous driving technology. Key market players are focusing on enhancing the performance and reliability of AEBS systems to meet the growing demand from consumers. However, the market faces challenges such as high costs associated with the implementation of AEBS technology and cybersecurity threats. Opportunities for the industry include partnerships between automotive manufacturers and technology companies to develop innovative AEBS solutions and the integration of artificial intelligence and machine learning algorithms to improve system efficiency. Overall, the Automotive Autonomous Emergency Braking System market presents substantial growth prospects, albeit with challenges that need to be addressed to fully capitalize on the opportunities in the market.
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Market Segmentation Analysis
Automotive Autonomous Emergency Braking System (AEBS) comes in two types - Low-speed AEBS and High-speed AEBS. Low-speed AEBS is designed to prevent collisions at speeds below 30 km/h, commonly found in urban traffic. High-speed AEBS is intended for preventing high-impact collisions at higher speeds, commonly on highways.
Automotive Autonomous Emergency Braking System (AEBS) is widely used in both Passenger Vehicle and Commercial Vehicle markets. In passenger vehicles, AEBS helps prevent accidents on the road, while in commercial vehicles it ensures the safety of goods and the driver during transport.
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The Impact of Covid-19 and Russia-Ukraine War on Automotive Autonomous Emergency Braking System (AEBS) Market
The Russia-Ukraine war and post-Covid-19 pandemic are expected to have significant consequences on the Automotive Autonomous Emergency Braking System (AEBS) market. The disruptions in supply chains due to geopolitical tensions and the impact of the pandemic on global economics could lead to a slowdown in the adoption of autonomous driving technologies.
However, there is still a growing awareness of the importance of AEBS in enhancing vehicle safety, which may drive demand for such systems in the long term. As countries focus on rebuilding and improving their infrastructure post-pandemic, there is a potential for increased regulations mandating the use of AEBS, which could further boost market growth.
Major automakers and technology companies investing in autonomous driving technologies are expected to be the main beneficiaries of the growing AEBS market. Companies that are able to innovate and offer reliable, cost-effective solutions to meet the increasing demand for safer vehicles are likely to see the most growth in this market.
Companies Covered: Automotive Autonomous Emergency Braking System (AEBS) Market
Onstarautomotive-braking-usameinekeEuro NCAPTASS InternationalAEBmonroebrakesContinentalRobert BoschIEEE SpectrumDelphiMobileyeAutolivVBOX AutomotiveZF Friedrichshafen
Automotive Autonomous Emergency Braking System (AEBS) is a safety feature that automatically applies the brakes in a vehicle to prevent or mitigate collisions. Companies like Onstar, Continental, Robert Bosch, Delphi, and Mobileye are considered market leaders in the development and implementation of AEBS technology. These companies have extensive experience and resources to innovate and provide top-quality solutions for the automotive industry. In contrast, new entrants like VBOX Automotive and TASS International are also making a mark in the market by offering innovative AEBS solutions.
- Onstar: $1.1 billion in sales revenue
- Continental: $44 billion in sales revenue
- Delphi: $16.7 billion in sales revenue
- Robert Bosch: $85.7 billion in sales revenue
These companies can help grow the AEBS market by investing in research and development, collaborating with automakers to integrate their technology into vehicles, and educating consumers about the importance of AEBS for safety. Their expertise and market presence can drive the adoption of AEBS on a global scale.
Country-level Intelligence Analysis
North America: United States Canada Europe: Germany France U.K. Italy Russia Asia-Pacific: China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America: Mexico Brazil Argentina Korea Colombia Middle East & Africa: Turkey Saudi Arabia UAE Korea
The Autonomous Emergency Braking System (AEBS) market is witnessing significant growth across various regions. North America, particularly the United States and Canada, Europe with countries like Germany, France, the U.K., and Italy, as well as Asia-Pacific region including China, Japan, South Korea, and India are key players in this market. Additionally, Latin America with countries like Mexico, Brazil, and Argentina, and the Middle East & Africa with Turkey, Saudi Arabia, and the UAE, are also showing substantial growth in the AEBS market. China is expected to dominate the market with a market share percent valuation of X % due to its growing automotive industry and technological advancements in the region.
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What is the Future Outlook of Automotive Autonomous Emergency Braking System (AEBS) Market?
The present outlook of the Automotive Autonomous Emergency Braking System (AEBS) market is strong, with increasing demand for safety features in vehicles driving growth. As technology continues to advance, more vehicles are expected to be equipped with AEBS in the future. This trend is likely to be driven by regulations mandating the inclusion of safety features like AEBS, as well as consumer preferences for safer vehicles. The future outlook of the AEBS market is therefore positive, with growing adoption and integration of this technology into vehicles to enhance safety on the roads.
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Market Segmentation 2024 - 2031
In terms of Product Type, the Automotive Autonomous Emergency Braking System (AEBS) market is segmented into:
Low-speed AEBSHigh-speed AEBS
In terms of Product Application, the Automotive Autonomous Emergency Braking System (AEBS) market is segmented into:
Passenger VehicleCommercial Vehicle
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Key FAQs
What is the outlook for the Automotive Autonomous Emergency Braking System (AEBS) market in the coming years?
It provides insights into future growth prospects, challenges, and opportunities for the industry.
What is the current size of the global Automotive Autonomous Emergency Braking System (AEBS) market?
The report usually provides an overview of the market size, including historical data and forecasts for future growth.
Which segments constitute the Automotive Autonomous Emergency Braking System (AEBS) market?
The report breaks down the market into segments like type of Automotive Autonomous Emergency Braking System (AEBS), Applications, and geographical regions.
What are the emerging market trends in the Automotive Autonomous Emergency Braking System (AEBS) industry?
It discusses trends such as sustainability, innovative uses of Automotive Autonomous Emergency Braking System (AEBS), and advancements in technologies.
What are the major drivers and challenges affecting the Automotive Autonomous Emergency Braking System (AEBS) market?
It identifies factors such as increasing demand from various industries like fashion, automotive, and furniture, as well as challenges such as environmental concerns and regulations.
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