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Anti-Lock Braking System Market

Global Anti-Lock Braking System Market is projected to be valued $49 Billion by 2024; with a CAGR of 8% from 2017 to 2024. An Anti-lock Braking System (ABS) is a safety anti-skid braking system used on aircraft a

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Anti-Lock Braking System Market

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  1. Global Anti-Lock Braking System Market 2017 – 2025 Published by :Accurize Market Research Pvt. Ltd. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  2. Global Anti-Lock Braking System Market is Estimated to Reach $49 Billion by 2024 • Global Anti-Lock Braking System Market report published by Accurize Market Research forecast that the global market is expected to reach $49 billion by 2024; growing at a CAGR of 8% from 2017 to 2025. • By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period. • Request Sample: https://www.accurizemarketresearch.com/report/anti-lock-braking-system-market/sample-request Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  3. Anti-Lock Braking System Market • Demand for safety features in vehicles to drive the market • Demand for safety features in vehicles such as electronic stability control (ESC), roll-over stability control (RSC), and traction control system are few driving factors of the global anti-lock braking system market. • However, the high maintenance cost of anti-lock braking systems may hamper the market. • Expansion in untapped markets of emerging economies and the development of unconventional braking systems for two-wheelers would unfold attractive business opportunities for the market in the coming years. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  4. Market Segmentation • The global anti-lock braking system market has been divided based on sub-systems and vehicle type. By sub-systems, the market is further split into ECU, sensors, and hydraulic units. By vehicle type segment, the market is categorized into two-wheelers, passenger cars, and commercial vehicles. • Geographically the market is categorized into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). • Customize Report: https://www.accurizemarketresearch.com/report/anti-lock-braking-system-market/ask-for-customization Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  5. Market Segmentation • "Passenger cars accounted for the largest market share in the vehicle type segment", says Accurize • In the vehicle type segment, passenger cars accounted for the largest market share in 2017, due to its increased sales and mandatory installation of the anti-lock braking system. However, the two-wheeler segment is anticipated to develop at the fastest CAGR during the forecast period. • "Asia-Pacific dominated the global market with the highest market share over the forecast period", says Accurize • Asia-Pacific accounted for the largest market share of 31.8% in 2017 and is expected to continue its dominance. The growth is majorly attributed to increasing industrialization and urbanization in emerging countries. North America accounted for the second-largest market share of 27.8%. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  6. Top players in the market • Major companies operating in the market include: • Autoliv Inc., Robert Bosch GmbH • WABCO • ZF TRW • Hyundai Mobis • Denso Corporation • Nissin Kogyo Co., Ltd • Hitachi Automotive Systems, Ltd • Continental AG • and ADVICS Co., Ltd Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  7. Contact Us: Accurize Market Research Pvt. Ltd. PUNE OFFICE: 306, ZEN BUSINESS CENTER, WAKAD, NEAR BHUMKAR CHOWK, MUMBAI BANGALORE HIGHWAY, PUNE-411057 Email: help@accurizemarketresearch.com Contact No: +1-339-368-6383 Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

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