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Anti lock braking system and electronic stability control system market value chain and forecast 2015 2025

Global

Anti-Lock Braking

System and

Electronic Stability

Control System

Market

Share, Global Trends,

Analysis, Research, Report,

Opportunities,

Segmentation and Forecast,

2015-2025

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Anti lock braking system and electronic stability control system market value chain and forecast 2015 2025

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Anti lock braking system and electronic stability control system market value chain and forecast 2015 2025

Report Description

Report Description

Manufacturing vehicles with new design, hi-tech innovation, fuel efficiency and enhanced safety

are the major challenges for automakers today. Need for extra comfort driving and active safety

features has resulted in evolution of anti-lock braking system (ABS) and electronic stability

control system (ECS). The ABS and ECS active safety systems are mainly used for reducing

accidents and mitigating its impact.

Drivers for Anti-Lock Braking System and Electronic Stability Control System Market

Rising safety concern all over the world is shifting consumer preference to look for active safety

systems like ABS and ESC. ABS is an active type of safety system which prevents the wheels from

ceasing rotation and avoids uncontrolled skidding. The main application of ABS system is

improve vehicle control and decrease the stopping distances on slippery and dry surfaces.

Automakers are also demonstrating the application and advantage of this technology through

several media platform to increase awareness together with making it as differentiating factor.

Increased acceptance of ABS by original equipment manufacturers (OEMs) and by customers

across the globe has resulted into pushing ABS capability upward by frequent up gradation such

as electronically control of the front-to-rear brake bias. Additionally, the capability of ABS can be

enhanced by implementing traction control system, electronic brake force distribution (EBD) and

electronic stability control.

Request for sample report: http://www.futuremarketinsights.com/reports/sample/rep-gb-436


Anti lock braking system and electronic stability control system market value chain and forecast 2015 2025

Report Description

Report Description

In order to minimize the loss of steering control, ESC system is used. ECS is set of sensor

devices and software also known also referred to as dynamic stability control (DSC) or

electronic stability program (ESP). In Europe and United States the government has mandate

use of ABS and ESC system in all new passenger cars.

Anti-Lock Braking System and Electronic Stability Control System Market Segmentation

The global anti-lock braking system (ABS) and electronic stability control system (ECS) market

is expanding rapidly due to various factors, such as stringent government norms related to

safety and consumer preferences shifting to new technology advancement and active safety

features.

Regional Outlook on Anti-Lock Braking System and Electronic Stability Control System

Market

The global anti-lock braking system (ABS) and electronic stability control system (ECS) market

can be segmented as vehicle type, channel type, product type and geographical regions. The

global anti-lock braking system (ABS) and electronic stability control system (ECS) market is

geographically sub-segmented into seven key regions namely North America, South America,

Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. In 2013, North

America accounted for largest share in global anti-lock braking system (ABS) and electronic

stability control system (ECS) market, followed by Europe and Asia Pacific region respectively.

In terms of growth rate Asia Pacific is the highest growing market with double digit CAGR,

followed by Japan and South Korea.

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Anti lock braking system and electronic stability control system market value chain and forecast 2015 2025

Report Description

Report Description

The growth in Asia Pacific segment of the global anti-lock braking system (ABS) and

electronic stability control system (ECS) market is fueled by increasing penetration rate of

ABS and ECS in region like China and India due to supporting macroeconomic factors such as

rising income and purchasing power, changing lifestyle to due growing urbanization and

increasing awareness of active safety systems. Additionally countries like Japan and South

Korea is also forecast to register significant growth in demand for ABS and ESC system and is

expected to account for double digit growth in terms of revenue in the global anti-lock

braking system (ABS) and electronic stability control system (ECS) market due to stringent

government legislations and safety norms.

Key Players in the Anti-Lock Braking System and Electronic Stability Control System Market

The global anti-lock braking system (ABS) and electronic stability control system (ECS)

market is fragmented with number of global and local player. Some of the key players in the

global anti-lock braking system (ABS) and electronic stability control system (ECS) market

are Autoliv Inc., Contenental Ag, Delphi Automotive Plc, Denso Corporation, Robert Bosch

GMBH and TRW Automotive.

Browse full report: http://www.futuremarketinsights.com/reports/anti-lock-braking-

system-and-electronic-stability-control-system-market


Anti lock braking system and electronic stability control system market value chain and forecast 2015 2025

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