Market Overview:
The global anti-lock braking system (ABS) market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The global ABS market is segmented on the basis of type, application and region. On the basis of type, the ABS market is segmented into electronic control unit (ECU), sensors and hydraulic unit. The ECU segment is expected to account for a major share of the global ABS market in 2018. This can be attributed to increasing demand for advanced safety features in passenger vehicles across the globe. The sensors segment is projected to grow at a higher CAGR during the forecast period owing to increasing demand for anti-lock braking systems in commercial vehicles across regions.
Product Definition:
An anti-lock braking system (ABS) is a safety feature that prevents the wheels on a vehicle from locking up while the brakes are applied. This system is important because it helps drivers maintain control of their vehicles during emergency braking situations, which can help prevent accidents.
Electronic Control Unit (ECU):
An electronic control unit is a device that regulates and monitors several vehicle functions such as the functioning of the engine, airbags, fuel injection system and so on. The ABS uses an electronic control unit to monitor wheel speed sensors to determine whether or not the brakes are being applied. An increase in safety awareness among consumers has led to high demand for anti-lock braking systems in recent years.
Sensors:
The global sensors and its usage in the anti-lock braking system (ABS) market size was valued at USD 3.6 billion in 2015. The increasing demand for automobiles with safety features is expected to drive the growth of this industry over the forecast period.
Application Insights:
Passenger vehicles accounted for a major market share in 2017 and are expected to continue leading over the forecast period. Increasing number of road accidents is one of the major factors contributing towards high demand for anti-lock braking system in passenger cars. As per WHO, around 31% of global deaths occur due to road accidents every year. Rising adoption of ABS can help reduce this percentage by half when compared with non-ABS equipped vehicles.
Commercial Vehicles segment is estimated to expand at a CAGR more than 3% from 2018 to 2030 owing to rising government initiatives such as ¢â‚¬Å“Make In India¢â‚¬ policy that encourages manufacturing activities in the country, thereby increasing production capacities across various automotive companies including Mahindra & Mahindra Ltd., Tata Motors Ltd., Bajaj Auto Ltd., etc.
Regional Analysis:
Asia Pacific anti-lock braking system (ABS) market was valued at USD X million in 2017 and is expected to witness significant growth over the forecast period owing to increasing road accidents and vehicle theft in countries such as India, China, Japan, South Korea and Australia. The European ABS market is also expected to witness considerable growth over the forecast period due to stringent government regulations regarding automotive safety coupled with high purchasing power of consumers. North America region accounted for a major share of global revenue in 2017 owing to presence of prominent automobile manufacturers such as Ford Motor Company; General Motors Company; Mazda Motor Corporation; Nissan Motor Corporation Ltd.; Toyota Industries Corp., etc.
Growth Factors:
- Increasing demand for safety and security features in automobiles
- Government regulations mandating ABS installation in all new vehicles
- Rising awareness about the benefits of ABS among consumers
- Technological advancements making ABS systems more efficient and reliable
- Growing demand for luxury cars and SUVs equipped with advanced safety features
Scope Of The Report
Report Attributes
Report Details
Report Title
Anti-Lock Braking System (ABS) Market Research Report
By Type
Electronic Control Unit (ECU), Sensors, Hydraulic Unit
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Robert Bosch, Continental, Autoliv, Nissin Kogyo, Wabco, ZF TRW, Hyundai Mobis, Denso Corporation, Hitachi Automotive Systems, Advics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Anti-Lock Braking System (ABS) Market Report Segments:
The global Anti-Lock Braking System (ABS) market is segmented on the basis of:
Types
Electronic Control Unit (ECU), Sensors, Hydraulic Unit
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicles, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Robert Bosch
- Continental
- Autoliv
- Nissin Kogyo
- Wabco
- ZF TRW
- Hyundai Mobis
- Denso Corporation
- Hitachi Automotive Systems
- Advics
Highlights of The Anti-Lock Braking System (ABS) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electronic Control Unit (ECU)
- Sensors
- Hydraulic Unit
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Anti-Lock Braking System (ABS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An anti-lock braking system (ABS) is a safety feature that helps prevent skidding and loss of control in the event of a sudden stop. When you apply the brakes, ABS will help to maintain traction by monitoring wheel speed and applying the brakes as needed.
Some of the major players in the anti-lock braking system (abs) market are Robert Bosch, Continental, Autoliv, Nissin Kogyo, Wabco, ZF TRW, Hyundai Mobis, Denso Corporation, Hitachi Automotive Systems, Advics.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Anti-Lock Braking System (ABS) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Anti-Lock Braking System (ABS) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Anti-Lock Braking System (ABS) Market - Supply Chain
4.5. Global Anti-Lock Braking System (ABS) Market Forecast
4.5.1. Anti-Lock Braking System (ABS) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Anti-Lock Braking System (ABS) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Anti-Lock Braking System (ABS) Market Absolute $ Opportunity
5. Global Anti-Lock Braking System (ABS) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Type
5.3.1. Electronic Control Unit (ECU)
5.3.2. Sensors
5.3.3. Hydraulic Unit
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Anti-Lock Braking System (ABS) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicles
6.3.2. Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Anti-Lock Braking System (ABS) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Anti-Lock Braking System (ABS) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Anti-Lock Braking System (ABS) Demand Share Forecast, 2019-2026
9. North America Anti-Lock Braking System (ABS) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicles
9.4.2. Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Type
9.7.1. Electronic Control Unit (ECU)
9.7.2. Sensors
9.7.3. Hydraulic Unit
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Anti-Lock Braking System (ABS) Demand Share Forecast, 2019-2026
10. Latin America Anti-Lock Braking System (ABS) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicles
10.4.2. Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Type
10.7.1. Electronic Control Unit (ECU)
10.7.2. Sensors
10.7.3. Hydraulic Unit
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Anti-Lock Braking System (ABS) Demand Share Forecast, 2019-2026
11. Europe Anti-Lock Braking System (ABS) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicles
11.4.2. Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Type
11.7.1. Electronic Control Unit (ECU)
11.7.2. Sensors
11.7.3. Hydraulic Uit
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Anti-Lock Braking System (ABS) Demand Share, 2019-2026
12. Asia Pacific Anti-Lock Braking System (ABS) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicles
12.4.2. Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Type
12.7.1. Electronic Control Unit (ECU)
12.7.2. Sensors
12.7.3. Hydraulic Unit
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Anti-Lock Braking System (ABS) Demand Share, 2019-2026
13. Middle East & Africa Anti-Lock Braking System (ABS) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicles
13.4.2. Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Anti-Lock Braking System (ABS) Market Size and Volume Forecast by Type
13.7.1. Electronic Control Unit (ECU)
13.7.2. Sensors
13.7.3. Hydraulic Unit
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Anti-Lock Braking System (ABS) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Anti-Lock Braking System (ABS) Market: Market Share Analysis
14.2. Anti-Lock Braking System (ABS) Distributors and Customers
14.3. Anti-Lock Braking System (ABS) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Robert Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Continental
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Autoliv
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nissin Kogyo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wabco
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ZF TRW
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hyundai Mobis
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Denso Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hitachi Automotive Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Advics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook