Press release
Key Drivers, Market Research, and Insights in Automatic Emergency Braking Market 2024-2033
Automatic Emergency Braking Market
The automatic emergency braking market size is expected to see rapid growth in the next few years. It will grow to $63.27 billion in 2028 at a compound annual growth rate (CAGR) of 13.1%. The growth in the forecast period can be attributed to fleet management applications, growth of electric vehicles (EVs), original equipment manufacturers partnerships, and focus on fuel efficiency. Major trends in the forecast period include integration of AI and machine learning, customization and personalization, expansion of autonomous emergency braking (AEB), focus on vulnerable road users, and development of pedestrian and cyclist detection.
Market Overview -
Automatic emergency braking (AEB) refers to an advanced safety technology installed in vehicles that helps prevent or mitigate collisions by automatically applying the brakes if the system detects an imminent crash. AEB is designed to enhance driver safety and reduce the risk of accidents, particularly in situations where human reaction time may be insufficient to prevent a crash.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=14851&type=smp
Rising Road Accidents Fuel Growth In The Automatic Emergency Braking Market
The rising number of road accidents is expected to propel the growth of the automatic emergency braking market going forward. Road accidents refer to any collision involving at least one moving vehicle on a public or private road that is accessible to the general public and that leaves at least one person hurt or dead. Road accidents are rising due to factors such as increased distracted driving, higher vehicle speeds, and inadequate infrastructure. Automatic emergency braking helps mitigate road accidents by automatically applying brakes to prevent collisions or reduce their severity. AEB systems use sensors, such as radar, cameras, or LiDAR, to continuously monitor the road ahead for potential collision risks. For instance, in August 2022, according to the National Highway Traffic Safety Administration, a US-based government agency, 9,560 individuals died in traffic accidents in the first quarter of 2022, an increase of 7% compared to the 8,935 fatalities for the same period in 2021. Therefore, the rising number of road accidents is driving the growth of the automatic emergency braking market.
Competitive Landscape -
Major companies operating in the automatic emergency braking market are Volkswagen AG, Toyota Motor Corporation, Ford Motor Company, Mercedes-Benz, General Motors Company, Bayerische Motoren Werke AG (BMW), Honda Motor Co. Ltd., Hyundai Motor Company, Robert Bosch GmbH, Hitachi Automotives Systems Ltd., Tesla Inc., Siemens AG, ZF Friedrichshafen AG, Denso Corporation, AB Volvo, Continental AG, Magna International Inc., AISIN SEIKI Co. Ltd., Valeo SA, Autoliv Inc., Mando Corporation, Mobileye Global Inc, Delphi Technologies
Focus on Advanced Autonomous Emergency Braking Systems Drives Innovation In The Market
Major companies operating in the automatic emergency braking market are increasing their focus on developing new solutions, such as advanced autonomous emergency braking systems, to boost their revenue in the market. Advanced autonomous emergency braking systems are utilized in automatic emergency braking to enhance vehicle safety and prevent accidents. For instance, in April 2021, ZF Friedrichshafen AG, a Germany-based engineering company, launched OnGuardMAX, an automatic emergency braking system designed specifically for commercial vehicles. The system can detect, classify, and respond to moving and stationary objects such as vehicles, motorcycles, bicycles, and pedestrians. The driver is warned of imminent collisions, and if necessary, the system will autonomously bring the vehicle to a complete stop. This feature is especially important for preventing accidents involving pedestrians and enhancing road safety. The system can automatically initiate emergency braking at speeds of up to 80 km/h to prevent collisions, making it an essential safety feature for commercial vehicles.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/automatic-emergency-braking-global-market-report
Key Segments -
The automatic emergency braking market covered in this report is segmented -
1) By Type: Forward Collision Warning, Dynamic Brake Support, Crash Imminent Braking
2) By Brake: Disc, Drum
3) By Application: Passenger Vehicles, Commercial Vehicles
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
"Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model "
"Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps"
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Key Drivers, Market Research, and Insights in Automatic Emergency Braking Market 2024-2033 here
News-ID: 3495238 • Views: …
More Releases from The Business research company
Smart TVs and Enhanced Connectivity Fuel Streaming Media Devices Market Growth t …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Streaming Media Devices Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $31.74 billion In 2028…
Specialty Oleochemicals Market to Reach $41.94 Billion by 2028, Fueled by Rising …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Specialty Oleochemicals Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $41.94 billion In 2028 At…
Smart Syringe Market Set to Reach $17.23 Billion by 2028, Driven by Rising Needl …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Smart Syringe Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $17.23 billion In 2028 At…
Silicone in Electrical and Electronic Market Trends: Smartphone Boom and Technol …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Silicone In Electrical And Electronic Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $2.86 billion…
More Releases for Automatic
Automatic Door Market
According to a new report published by Allied Market Research, titled, "Automatic Door Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global Automatic Door Market size was valued at $2.2 billion in 2018, and is projected to reach $41.7 million by 2026, growing at a CAGR of 7.8% from 2019 to 2026. In 2018, by type, the sliding segment accrued the largest share in…
Global Automatic Environmental Control Market | Global Automatic Environmental C …
Automatic environmental control market comprises of sales of automatic environmental control devices as well as related services. This market comprises establishments primarily engaged in manufacturing automatic controls & regulators for applications. Automatic environmental control devices include air conditioning & refrigeration, airflow controllers, heating and cooling system controls, and heating regulators.
Automotive environmental control system refers to an integrated heating, ventilation and air conditioning (HVAC) system, which is used for maintaining the…
Automatic Door Market By Type (Automatic Sliding Doors, Automatic Swing Doors, A …
Automatic door are doors that open automatically on sensing the arrival of a person. The global automatic door market was valued at USD XX million in 2019 and is expected to grow at a CAGR of XX% between 2019 and 2026. Rapidly growing construction industry is one of the major factor which is anticipated to drive the demand of automatic door during the forecast period.
Get Sample Copy of this Report…
Butler Automatic Introduces SP1 Automatic Splicer Ease of Use Enhancements
Middleboro, MA – Butler, the leader in providing OEE improvements for the packaging industry through automatic splicing, introduces several design improvements and features for the 2019 SP1 Automatic Roll splicer. The ease of use design improvements include new HMI graphics, air intake and splice prepared monitoring, web break detection and web stop, omni-directional adjustable brackets for core sensors, adjustable, integrated exit idlers, base mounted automatic web alignment, sealed stainless…
Automatic Soap Dispensers Market By Company: Toshi Automatic, Lovair, Hokwang, B …
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automatic Soap Dispensers market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and…
Global Automotive Automatic Clutch Market: Analysis, Technologies, Forecasts and …
Automotive Automatic Clutch Market Report:
Summary: Excellence consistency maintains by Garner Insights in Research Report in which studies the global Automotive Automatic Clutch market status and forecast, categorizes and Equipment market value by manufacturers, type, application, and region.
The report on Global Automotive Automatic Clutch Market studies the historical data and evaluates the current market scenario so as to project the flight of the market during the next couple of years. This…
