Abs/Esc Coil Housing Market to Grow Immensely at a CAGR of 6.10% During The Forecast Period

Trisha Jadhav
3 min readJun 10, 2024

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As per the current market research conducted by the CMI Team, the global ABS/ESC Coil Housing Market size is expected to record a CAGR of 6.1% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 800.5 Million. By 2032, the valuation is anticipated to reach USD 1200 Million.

ABS/ESC Coil Housing Market: Growth Factors and Dynamics

  • Safety Regulations: Stringent regulations mandating ABS and ESC systems in vehicles for improved safety drive the demand for associated components like coil housings.
  • Increasing Vehicle Production: As automotive production expands globally, the installation of ABS/ESC systems becomes more widespread, boosting the demand for coil housings.
  • Advancements in Technology: Rapid technological advancements in sensors, materials, and manufacturing techniques enhance the performance, accuracy, and durability of ABS/ESC systems, driving the need for updated coil housing designs.
  • Electric Vehicle Revolution: The shift towards electric vehicles creates new opportunities, as these vehicles require adapted ABS/ESC systems and corresponding coil housings to cater to unique architectures and safety demands.
  • Autonomous Driving: The integration of ABS/ESC systems into autonomous driving functionalities demands even higher precision and responsiveness, encouraging further innovation in coil housing designs.
  • Urbanization and Mobility Services: Urbanization leads to increased congestion, driving the need for effective stability and braking systems. Mobility services like ride-sharing also require reliable safety technologies, bolstering the demand for coil housings.
  • Consumer Awareness: Growing awareness of safety features among consumers elevates the demand for vehicles equipped with ABS/ESC systems, consequently influencing the market for associated components.
  • Aftermarket Demand: Replacement and upgrade demand for coil housings in existing vehicles as they age or for retrofitting further contribute to market growth.
  • Global Road Safety Concerns: Rising awareness of road safety issues prompts governments and organizations worldwide to encourage the adoption of advanced safety systems, including ABS/ESC, driving market expansion.
  • Supplier Collaboration: Collaborations between automotive manufacturers and suppliers to develop integrated safety solutions bolster the demand for advanced ABS/ESC systems and their components.
  • Environmental Concerns: The pursuit of lightweight materials for coil housing designs aligns with the automotive industry’s broader trend toward fuel efficiency and reduced emissions.

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ABS/ESC coil housing Market: Partnership and Acquisitions

  • ZF Friedrichshafen’s Acquisition of WABCO: ZF’s acquisition of WABCO, a leading supplier of commercial vehicle technologies, strengthens their position in the commercial vehicle segment, including components like ABS/ESC coil housings.
  • Continental and NVIDIA Collaboration: Continental partnered with NVIDIA to develop a self-driving platform, integrating sensors, software, and AI for autonomous vehicles. This collaboration indirectly influences ABS/ESC coil housing designs to accommodate advanced safety and autonomous capabilities.

ABS/ESC Coil Housing Market: COVID-19 Analysis

The COVID-19 pandemic has had a significant impact on the ABS/ESC coil housing Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

  • Supply Chain Disruptions: Lockdowns and restrictions disrupted global supply chains, leading to delays in production and potential shortages of components, including coil housings.
  • Reduced Vehicle Production: Many automotive manufacturers temporarily halted production, causing a drop in demand for ABS/ESC coil housings due to lower vehicle output.
  • Shift in Consumer Spending: Economic uncertainty led to reduced consumer spending on non-essential items, affecting new vehicle sales and consequently the demand for safety systems like ABS/ESC.

List of the prominent players in the ABS/ESC Coil Housing Market:

  • Bosch
  • Continental AG
  • ZF Friedrichshafen
  • Aisin Seiki Co. Ltd.
  • Denso Corporation
  • Delphi Technologies
  • Autoliv
  • WABCO Holdings Inc.
  • Hitachi Automotive Systems
  • Mando Corporation
  • Others

Table of Contents: https://www.custommarketinsights.com/report/abs-esc-coil-housing-market/#table-of-contents

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