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The global automotive ABS market is growing owing its adoption in a wide range of applications, including passenger cars, CVs, and motorcycles. Motorcycle ABS in emerging countries such as India is expected to gain traction due to the development of low-cost ABS and safety regulations will increase the acceptance of these systems in passenger cars. Favorable regulations mandating ABS in all motorcycles with a displacement of above 125cc along with passenger cars and CVs will drive the market growth considerably.
According to our (Global Info Research) latest study, the global Automotive Anti-Lock Braking System market size was valued at USD 45140 million in 2022 and is forecast to a readjusted size of USD 68390 million by 2029 with a CAGR of 6.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The emergence of connected truck technologies will drive the adoption of ABS in commercial vehicles (CVs), which, in turn, will drive the growth prospects for the global automotive ABS market for the next four years. Some of the major factors responsible for the growing acceptance of ABS in the commercial vehicles segment is the increasing focus of fleet operators on fleet safety and the potential reduction in financial losses. Also, the growing number of road accidents have resulted in the introduction and adoption of a large number of technological advancements in the commercial vehicles sector as commonly witnessed in the passenger car segment. Moreover, some of the technological advancements included in the commercial vehicles segment are connected truck technologies, improved version of higher Society of Automotive Engineers (SAE) automation levels, and truck platooning.
This report is a detailed and comprehensive analysis for global Automotive Anti-Lock Braking System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Global Automotive Anti-Lock Braking System market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automotive Anti-Lock Braking System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automotive Anti-Lock Braking System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automotive Anti-Lock Braking System market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive Anti-Lock Braking System
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive Anti-Lock Braking System market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Robert Bosch, Continental, Delphi Automotive, TRW Automotive and Hitachi Automotive, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Automotive Anti-Lock Braking System market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Pneumatic Anti-Lock Braking System
- Hydraulic Anti-Lock Braking System
Market segment by Application
- Passenger Vehicles
- Commercial Vehicles
Major players covered
- Robert Bosch
- Delphi Automotive
- TRW Automotive
- Hitachi Automotive
- Denso Corporation
- Hyundai Mobis
- Dongfeng Electronic
- Guangzhou Sivco
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive Anti-Lock Braking System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive Anti-Lock Braking System, with price, sales, revenue and global market share of Automotive Anti-Lock Braking System from 2018 to 2023.
Chapter 3, the Automotive Anti-Lock Braking System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Anti-Lock Braking System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Automotive Anti-Lock Braking System market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Anti-Lock Braking System.
Chapter 14 and 15, to describe Automotive Anti-Lock Braking System sales channel, distributors, customers, research findings and conclusion.