Global Automatic Emergency Braking (AEB) Market Application, Breaking Barriers, Key Companies Forecast 2029

Bykalpesh rajput

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Automatic Emergency Braking (AEB) Market was valued at US $ 12.79 Bn. in 2022. Global Automatic Emergency Braking (AEB) Market size is estimated to grow at a CAGR of 14.5%. The market is expected to reach a value of US $ 33.01 Bn in 2029.

Automatic Emergency Braking (AEB) Market Overview:
The Automatic Emergency Braking (AEB) market analysis offers a comprehensive picture of the competition, encompassing market share and company profiles of the industry’s top global rivals. It provides a complete examination of the Automatic Emergency Braking (AEB) Market size and investigates the reasons behind variations in industry growth across different regions. This valuable information empowers businesses to make informed decisions, understand their competitors’ strengths and weaknesses, and identify growth opportunities in various markets.

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Market Scope:
The research study heavily relies on secondary sources, including annual reports, press releases, journals, company websites, and databases. These sources are utilized to locate and gather relevant excerpts essential for the study. By leveraging such diverse and reliable information, the research ensures a comprehensive and accurate analysis, enabling businesses to make well-informed decisions based on robust data and insights.

Segmentation:

The market is divided into two segments: disc and drum. Disc brakes accounted for more than 65% of the market share in 2022, owing to increased AEB installation in commercial and passenger vehicles. Furthermore, regulatory organisations such as the NHTSA are lowering minimum braking distance regulations, which benefits product demand. Longer durability, less noise and warping, and increased thermal conductivity are just a few of the system’s advantages, which will boost industry statistics even further. The drum brakes segment is predicted to grow at a 17% annual pace through 2029. The segment’s growth is being powered by decreased component costs and fewer maintenance needs, and the market for autonomous emergency braking is predicted to expand as the applicability of these brakes expands.

Crash Imminent Braking, Dynamic Brake Support, and Forward Collision Warning are the market segments. The crash-imminent braking category will rise at a pace of more than 16.5% through 2029. As more people employ crash-imminent braking systems to avoid rear-end collisions, the market share of automatic emergency braking will increase. The combination of forward-looking sensors and forward collision warning system warnings will move the industry forward. The dynamic emergency braking market will account for about 20% of overall sales by 2022. The increasing application of these technologies in the event of a collision is projected to propel the market ahead. Furthermore, the sector is expanding due to the decreased wear and tear on tyres and brake pads caused by uniform braking application.

Key Players:

• Volvo Car Corporation
• Tesla Inc.
• Ford Motor Company
• Daimler AG
• Audi AG
• BMW Group
• Volkswagen Group
• Toyota Motor Corporation
• Honda Motor Company Ltd
• Jaguar Land Rover Automotive Plc.
• Autoliv Inc.
• Continental AG
• Delphi Technologies
• Robert Bosch GmbH
• Mercedes Benz
• AB Volvo
• Siemens
• Mitsubishi Corporation
• General Motors.
• Mazda Motor Corporation
• Groupe PSA
• Hyundai Motor Corporation
• Magna International Inc.
• ZF TRW Automotive Inc

Regional Analysis:

The regional description of the Automatic Emergency Braking (AEB) market analysis includes a detailed examination of individual market influencing variables and changes in market regulations that impact present and future market trends. The study reviews current and future trends to assess the overall market potential and identify lucrative opportunities for establishing a solid footing. The geographical market evaluation is grounded in both the existing environment and anticipated trends, offering businesses valuable insights to make informed strategic decisions in their target regions.

COVID-19 Impact Analysis on Automatic Emergency Braking (AEB) Market:

end-user industries utilizing Automatic Emergency Braking (AEB) experienced a drop in growth in several countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to operational pauses amid increasing COVID-19 cases and lockdowns. This decline in end-user industry revenues led to a significant decrease in demand for Automatic Emergency Braking (AEB) manufacturers, directly impacting the growth of the Automatic Emergency Braking (AEB) market in 2023. The global increase in COVID-19 instances contributed to the sharp decline in demand for Automatic Emergency Braking (AEB) products as businesses faced challenging conditions during this period.

Key Questions Answered in the Automatic Emergency Braking (AEB) Market Report are:

  • What are the major factors influencing the growth of the Automatic Emergency Braking (AEB) market in 2023?
  • Which companies or brands are leading in the Automatic Emergency Braking (AEB) market and what are their strategies?
  • What are the key challenges faced by the Automatic Emergency Braking (AEB) market during the forecast period (2023-2029)?
  • How is the regulatory landscape affecting the Automatic Emergency Braking (AEB) market’s development?
  • What are the emerging trends and opportunities in the Automatic Emergency Braking (AEB) market that industry players should be aware of?
  • Which customer segment is expected to experience the highest growth in the Automatic Emergency Braking (AEB) market over the forecast period?
  • What innovative technologies or product advancements are driving the evolution of the Automatic Emergency Braking (AEB) market?
  • What are the potential risks and threats that could impact the Automatic Emergency Braking (AEB) market’s growth trajectory?
  • How is the COVID-19 pandemic affecting the Automatic Emergency Braking (AEB) market and what recovery strategies are being adopted by businesses?
  • Which distribution channels are proving to be the most effective for companies operating in the Automatic Emergency Braking (AEB) market?

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