“$3bn Automotive Autonomous Emergency Braking (AEB) Systems market set for major growth due to government mandates” says new Visiongain report

11 March 2019
Automotive

Autonomous Emergency Braking (AEB) systems use radar, LIDAR or video technology to warn the driver of an impending frontal collision before autonomously engaging the brakes and eventually performing an emergency stop. Some systems can also change the dynamic characteristics of the vehicle e.g. by stiffening up the suspension and increasing the steering rate to assist the driver in a successful evasive manoeuvre. The Autonomous Emergency Braking market has undergone tremendous advancements during the past few years. Some of the key advancements have been made in the field of fusion technology.

The autonomous emergency braking system market is estimated to be worth $3bn in 2019.

Leading companies such as Continental, Bosch, Denso, Valeo, Autoliv, Magna, Hyundai Mobis, Delphi, Aisin Seiki and others are investing in this $3bn market.

The lead analyst commented that "There will be huge demand for autonomous emergency braking systems from car manufacturers due to the government mandates for installing AEB systems in every car. A few of the manufacturers have already started incorporating these systems in their cars. AEB systems will play a significant role in improving the safety of the passengers. Demand is also expected to increase as consumers are looking for cars with added safety."

Find data and information on this market in our new Automotive report Automotive Autonomous Emergency Braking (AEB) Systems Market Report 2019-2029 : Forecasts by Vehicle Type (Passenger Cars, Commercial Vehicles), by Product Type (Low Speed, High Speed, Pedestrian) & by Technology (Radar, Camera, Lidar, Fusion) Plus Analysis of Leading Automotive OEMs, Tier 1 Suppliers & Electronics Companies Developing Advanced Driver Assistance System (ADAS) Technologies.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is a leading business intelligence provider publishing market reports for the automotive, aviation, chemicals, construction, cyber, defence, electronics, energy, food & drink, IT, maritime, materials, packaging, pharmaceutical, renewable energy ,telecoms and utilities sectors.

Visiongain is one of the fastest-growing and most innovative independent research companies in Europe. Based in London, UK Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes All-Terrain Vehicle Market Report 2022-2032

The global all terrain vehicle market was valued at US$3,534 million in 2021 and is projected to grow at a CAGR of 5.1% during the forecast period 2022-2032.

24 June 2022

Read

Visiongain Publishes Automotive Glass Market Report 2022-2032

The global automotive glass market was valued at US$14,912 million in 2021 and is projected to grow at a CAGR of 7.0% during the forecast period 2022-2032.

13 June 2022

Read

Visiongain Publishes Ride Sharing Market Report 2022-2032

Growth of the global ride sharing market is directly coupled with the growing urbanization and regional economic growth.

20 April 2022

Read

Visiongain Publishes Traction Battery Market Report 2022-2032

Electric vehicle (EV) manufacturers are in for a bumpier ride in the future, as the current geopolitical turmoil in Ukraine — a country with a large store of the critical battery material lithium – might cause lithium battery prices to skyrocket.

29 March 2022

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever