Market Overview:
The global automatic emergency steering system market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for semi-autonomous and autonomous vehicles across the globe. Additionally, stringent government regulations mandating the installation of such systems in passenger as well as commercial vehicles are also contributing to the growth of this market. The global automatic emergency steering system market can be segmented on the basis of type into manual vehicle, semi-autonomous vehicle, and autonomous vehicle. The semi-autonomous and autonomous segments are expected to witness higher growth rates during the forecast period owing to their growing popularity among consumers. On the basis of application,the market can be segmented into passengervehicles and commercial vehicles.
Product Definition:
An automatic emergency steering system is a device that helps a boat or ship stay on course in the event of an emergency. The system uses sensors to detect when the vessel is deviating from its planned path, and then sends instructions to the rudder to help correct the course. Automatic emergency steering systems are important for keeping boats and ships on track during emergencies, which can often be dangerous and chaotic situations.
Manual Vehicle:
Manual vehicle is a device that can be operated by human power without the help of an electric motor or internal combustion engine. The most common examples are bicycles, wheelbarrows, and scooters. Manual vehicles are usually cheaper than their electric counterparts and have lower operating costs due to fewer fuel requirements. However, they have low performance compared to powered vehicles in terms of speed and load capacity.
Semi-Autonomous Vehicle:
Semi-autonomous vehicle is a type of vehicles which has partial or complete manual control over the steering and/or driving. The driver can take his/her hands off the steerings wheel, but he/she can still pedals and operate other controls to direct vehicle’s movement. In case of anyemergency situation, such as road works or traffic, this system helps in maintaining safety by taking control of vehicle from driver.
Application Insights:
The passenger vehicle segment held the largest share of over 70.0% in 2017 and is expected to continue its dominance over the forecast period. The growing need for safety devices that can steer a vehicle automatically in case of emergencies, such as loss of consciousness or unresponsive driver, is anticipated to drive the demand for AESS from passenger vehicles during the forecast period.
Commercial vehicles are projected to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to increased adoption across industries including oil & gas, construction and mining for heavy-duty trucks.
Regional Analysis:
North America dominated the global market in 2017. The growing adoption of advanced safety systems by manufacturers and consumers is expected to drive the regional market over the forecast period. Increasing road accidents are also one of the major factors propelling product demand in this region.
Asia Pacific is anticipated to be one of fastest-growing regions during the forecast period owing to rising disposable income and increasing consumer awareness about vehicle safety systems coupled with limited accessibilit yto public roads as well as insufficient insurance coverage for third-party risks associated with vehicles involved in crashes or incidents resulting from driver error or negligence on account of lack offamily protection policies against accidental death/injury liability coverage especially among individuals having low incomes.
Growth Factors:
- Increasing demand for safety features in automobiles
- Government regulations for installation of safety features in automobiles
- Growing awareness about the benefits of Automatic Emergency Steering System among consumers
- Technological advancements in Automatic Emergency Steering System that offer enhanced performance and reliability
- Reduction in the prices of Automatic Emergency Steering Systems owing to economies of scale
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Emergency Steering System Market Research Report
By Type
Manual Vehicle, Semi-Autonomous Vehicle, Autonomous Vehicle
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
ZF Friedrichshafen, Robert Bosch GmbH, Autoliv Inc., Nexteer Automotive, Delphi Automotive, Denso Corporation, Continental AG, Valeo, Knorr-Bremse AG, IMS Limited, ZF Friedrichshafen, Nissan Motor, Infineon Technologies, Hyundai Mobis, Calsonic Kansei Corporation
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Emergency Steering System Market Report Segments:
The global Automatic Emergency Steering System market is segmented on the basis of:
Types
Manual Vehicle, Semi-Autonomous Vehicle, Autonomous Vehicle
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 Vehicle, Commercial Vehicle
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:
- ZF Friedrichshafen
- Robert Bosch GmbH
- Autoliv Inc.
- Nexteer Automotive
- Delphi Automotive
- Denso Corporation
- Continental AG
- Valeo
- Knorr-Bremse AG
- IMS Limited
- ZF Friedrichshafen
- Nissan Motor
- Infineon Technologies
- Hyundai Mobis
- Calsonic Kansei Corporation
Highlights of The Automatic Emergency Steering System 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:
- Manual Vehicle
- Semi-Autonomous Vehicle
- Autonomous Vehicle
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Automatic Emergency Steering System 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
- Identifying Appropriate Advertising Appeals
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?
The Automatic Emergency Steering System (AES) is a safety feature that helps the driver maintain control of the vehicle in emergency situations. When activated, the system uses sensors to detect an impending collision and automatically steers the car away from danger.
Some of the major companies in the automatic emergency steering system market are ZF Friedrichshafen, Robert Bosch GmbH, Autoliv Inc., Nexteer Automotive, Delphi Automotive, Denso Corporation, Continental AG, Valeo, Knorr-Bremse AG, IMS Limited, ZF Friedrichshafen, Nissan Motor, Infineon Technologies, Hyundai Mobis, Calsonic Kansei Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Emergency Steering System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automatic Emergency Steering System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automatic Emergency Steering System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automatic Emergency Steering System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automatic Emergency Steering System Market Size & Forecast, 2018-2028
4.5.1 Automatic Emergency Steering System Market Size and Y-o-Y Growth
4.5.2 Automatic Emergency Steering System Market Absolute $ Opportunity
Chapter 5 Global Automatic Emergency Steering System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automatic Emergency Steering System Market Size Forecast by Type
5.2.1 Manual Vehicle
5.2.2 Semi-Autonomous Vehicle
5.2.3 Autonomous Vehicle
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automatic Emergency Steering System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automatic Emergency Steering System Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Emergency Steering System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Emergency Steering System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automatic Emergency Steering System Analysis and Forecast
9.1 Introduction
9.2 North America Automatic Emergency Steering System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automatic Emergency Steering System Market Size Forecast by Type
9.6.1 Manual Vehicle
9.6.2 Semi-Autonomous Vehicle
9.6.3 Autonomous Vehicle
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automatic Emergency Steering System Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automatic Emergency Steering System Analysis and Forecast
10.1 Introduction
10.2 Europe Automatic Emergency Steering System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automatic Emergency Steering System Market Size Forecast by Type
10.6.1 Manual Vehicle
10.6.2 Semi-Autonomous Vehicle
10.6.3 Autonomous Vehicle
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automatic Emergency Steering System Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automatic Emergency Steering System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automatic Emergency Steering System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automatic Emergency Steering System Market Size Forecast by Type
11.6.1 Manual Vehicle
11.6.2 Semi-Autonomous Vehicle
11.6.3 Autonomous Vehicle
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automatic Emergency Steering System Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automatic Emergency Steering System Analysis and Forecast
12.1 Introduction
12.2 Latin America Automatic Emergency Steering System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automatic Emergency Steering System Market Size Forecast by Type
12.6.1 Manual Vehicle
12.6.2 Semi-Autonomous Vehicle
12.6.3 Autonomous Vehicle
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automatic Emergency Steering System Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automatic Emergency Steering System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automatic Emergency Steering System Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automatic Emergency Steering System Market Size Forecast by Type
13.6.1 Manual Vehicle
13.6.2 Semi-Autonomous Vehicle
13.6.3 Autonomous Vehicle
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automatic Emergency Steering System Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Emergency Steering System Market: Competitive Dashboard
14.2 Global Automatic Emergency Steering System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZF Friedrichshafen
14.3.2 Robert Bosch GmbH
14.3.3 Autoliv Inc.
14.3.4 Nexteer Automotive
14.3.5 Delphi Automotive
14.3.6 Denso Corporation
14.3.7 Continental AG
14.3.8 Valeo
14.3.9 Knorr-Bremse AG
14.3.10 IMS Limited
14.3.11 ZF Friedrichshafen
14.3.12 Nissan Motor
14.3.13 Infineon Technologies
14.3.14 Hyundai Mobis
14.3.15 Calsonic Kansei Corporation
