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Autonomous Emergency Braking (AEB) System Market report categorizes the global market by Vehicle Type, Component (Actuators, Audible Buzzers), Operating Speed, Key Technology (LiDAR and Radar, Camera, Fusion), Application, Level of Automation Driving and Region.
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MarketsandMarkets Presents Autonomous Emergency Braking (AEB) System Market Expected to Reach 55.31 Billion USD by 2025
The report "Autonomous Emergency Braking (AEB) System Market by Key Technology (Camera, Fusion, LiDAR and Radar), Vehicle Type, Operating Speed, Application, Level of Automation Driving, Component (Actuators, Audible Buzzers) and Region - Global Forecast to 2025",The autonomous emergency braking (AEB) system market is projected to grow and reach USD 55.31 Billion by 2025, growing at a CAGR of 22.23% from 2020 to 2025. Government mandates in European countries and the US and rising safety concerns shall be the major drivers for the growth of this market. • Browse: • 85 Market Data Tables • 55 Figures • 174 Pages and in-depth TOC on "Autonomous Emergency Braking (AEB) System Market”. • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=126847071
The autonomous emergency braking (AEB) system market is projected to be worth USD 55.31 Billion by 2025, growing at a CAGR of 22.23% from 2020 to 2025. The rising number of accidents and growing safety concerns and the increasing government mandates regarding vehicle safety and security shall be the major factor for growth of autonomous emergency braking (AEB) system market. Passenger Vehicles (PV) are projected to lead the market of autonomous emergency braking (AEB) system by vehicle type, in terms of value. Higher safety concerns among passenger car users and larger volume of passenger vehicles versus commercial vehicles have led to this growth. Low Speed-City AEB systems shall lead the AEB system market by operating speed. This can mainly be attributed to the high vehicle density and accidents in city-like road conditions compared with those in inter-urban road conditions. Forward Emergency Braking AEB system segment is projected to contain the highest share of AEB systems on the basis of application for 2025. Majority of vehicle crashes take place in a forward direction, also the vehicle speed while moving in a forward direction and intensity of crash is higher. Semi-autonomous passenger cars segment is expected to have the largest share in AEB system market by the level of automation driving. Higher volume of semi-autonomous passenger cars compared to autonomous passenger cars shall be the driver for the growth of this segment. For the AEB system market by component, actuators are projected to lead the market in terms of value. The primary reason the number of actuators required per vehicle being higher than other components and more expensive pricing.
Asia Pacific region is projected to contain the largest share for autonomous emergency braking (AEB) system market by region. Presence of technologically advanced and economically developed countries such as Japan and South Korea, tremendous vehicle production in developing economies like China, and rising consumer disposable income are the major reasons for growth of AEB system market in this region. • The autonomous emergency braking (AEB) system market comprises many leading players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), ZF Friedrichshafen AG (Germany), Hyundai Mobis Co., Ltd. (South Korea), Aisin Seiki Co., Ltd. (Japan), Valeo S.A. (France), Delphi Automotive PLC (UK), Paccar Inc. (DAF) (US), Autoliv, Inc. (Sweden), Infineon Technologies AG (Germany), Knorr-Bremse AG (Germany), Mando Corporation (South Korea), Analog Devices, Inc. (US), Wabco Holdings, Inc. (US) and others. • Target Audience • Autonomous emergency braking (AEB) system manufacturers • Distributors and suppliers of autonomous emergency braking systems • Automotive braking system component manufacturers • Automotive OEMs • Industry associations and experts • Lidar and radar sensor manufacturers and suppliers
Scope of the Report: • Autonomous Emergency Braking (AEB) System, By Vehicle Type • PV • CV • Autonomous Emergency Braking (AEB) System, By Key Technology • Camera • Fusion • LiDAR • Radar • Autonomous Emergency Braking (AEB) System, By Operating Speed • High Speed-Inter Urban AEB Systems • Low Speed-City AEB Systems • Pedestrian-VRU (Vulnerable Road Users) AEB Systems • Autonomous Emergency Braking (AEB) System, By Application • Forward Emergency Braking • Reverse Emergency Braking • Multi-directional Braking
Autonomous Emergency Braking (AEB) System, By Level of Automation Driving • Autonomous Passenger Car • Semi-Autonomous Passenger Car • Autonomous Emergency Braking (AEB) System, By Component • Actuators • Audible Buzzers • Controllers • Sensors • Visual Indicators • Autonomous Emergency Braking (AEB) System, By Region • Asia Pacific (China, Japan, South Korea, India, Rest of Asia Pacific) • Europe (Germany, France, Italy, UK, Rest of Europe) • North America (US, Mexico, and Canada) • Rest of the World (Brazil, Russia, and South Africa)
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