Market Overview:
The global brake override system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles, and the rising awareness about safety features in vehicles. The brake override system market is segmented on the basis of type into radar, LiDAR, camera, infrared, and ultrasonic systems. The radar-based brake override system segment is expected to hold a major share of the market during the forecast period owing to its high adoption rate in passenger cars and commercial vehicles. However, LiDAR-based brake override systems are expected to grow at a higher CAGR during the forecast period as they offer superior performance over other types of systems due to their ability to detect objects at long distances with high accuracy. On the basis of application,the brake override systemmarket is divided into passenger cars and commercial vehicles segments.
Product Definition:
A brake override system is a safety feature that allows a driver to stop a car even if the brake pedal and the accelerator pedal are being simultaneously pressed. The purpose of a brake override system is to ensure that drivers can always stop their cars in an emergency, even if there is interference from another input such as the accelerator pedal.
Radar:
Radar is short for radio detection system. It's an electronic device that generates and receives signals using at least one antenna to detect objects and transmit the data to the host computer or microprocessor. In a brakeoverride system, radar works on the same principal as a conventional radar detector; however, instead of monitoring air for vehicle speed, it monitors wheel speeds of vehicles in front of you.
LiDAR:
LiDAR (Light Detection and Ranging) is a remote sensing technology that measures the distance using laser light and takes a series of measurements to determine the range. It is an effective tool for mapping, monitoring, and analyzing complex surfaces which includes roads. LiDAR works by sending out pulses of laser light from vehicle's sensor which are then reflected back to the sensor if it meets any obstacle on its way.
Application Insights:
Passenger cars are expected to be the largest segment, accounting for a share of over 70.0% in 2017. The global market is witnessing growing adoption of these systems in passenger cars as they offer enhanced safety and security by overriding the vehicle¢â‚¬â„¢s automatic transmission system. This prevents drivers from accidentally shifting gears and causing severe injuries or death in case of a crash.
The commercial vehicles segment is also expected to witness significant growth during the forecast period owing to increasing adoption of brake override systems on trucks, buses, coaches and other forms double-decker buses among others.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing road accidents and presence of stringent regulations regarding driver distraction. Europe accounted for a significant share of the global market in 2017, which can be attributed to increased spending on public transportation infrastructure development by member states as well as EU-level agencies. Asia Pacific is estimated to witness exponential growth over the forecast period due to rising demand for passenger cars with enhanced safety features and growing adoption of advanced technologies such as camera, LiDAR, radar and infrared sensors. Moreover, increasing number of fatalities caused due to road accidents coupled with government initiatives encouraging adoption electric vehicles will drive regional growth further.
Growth Factors:
- Increasing demand for safety features in automobiles
- Growing awareness about the benefits of brake override system
- Technological advancements in brake override system
- Rising demand for luxury and premium cars
- Stringent government regulations on automobile safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Brake Override System Market Research Report
By Type
Radar, LiDAR, Camera, Infrared, Ultrasonic
By Application
Passenger Cars, Commercial Vehicles
By Companies
Honda, Toyota, Nissan, Renault, Suzuki, Mitsubishi, BMW, Robert Bosch, Hyundai, Volvo, Honda
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Brake Override System Market Report Segments:
The global Brake Override System market is segmented on the basis of:
Types
Radar, LiDAR, Camera, Infrared, Ultrasonic
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 Cars, 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:
- Honda
- Toyota
- Nissan
- Renault
- Suzuki
- Mitsubishi
- BMW
- Robert Bosch
- Hyundai
- Volvo
- Honda
Highlights of The Brake Override 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:
- Radar
- LiDAR
- Camera
- Infrared
- Ultrasonic
- By Application:
- Passenger Cars
- 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 Brake Override 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
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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?
A brake override system is a safety feature that allows the driver to override the automatic braking function of their vehicle. This system can be used in emergencies, such as when the car is about to hit someone or something.
Some of the key players operating in the brake override system market are Honda, Toyota, Nissan, Renault, Suzuki, Mitsubishi, BMW, Robert Bosch, Hyundai, Volvo, Honda.
The brake override system market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brake Override 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 Brake Override System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brake Override 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 Brake Override 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 Brake Override System Market Size & Forecast, 2020-2028
4.5.1 Brake Override System Market Size and Y-o-Y Growth
4.5.2 Brake Override System Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Radar
5.2.2 LiDAR
5.2.3 Camera
5.2.4 Infrared
5.2.5 Ultrasonic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brake Override 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 Brake Override 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Radar
9.6.2 LiDAR
9.6.3 Camera
9.6.4 Infrared
9.6.5 Ultrasonic
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 Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Radar
10.6.2 LiDAR
10.6.3 Camera
10.6.4 Infrared
10.6.5 Ultrasonic
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 Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Radar
11.6.2 LiDAR
11.6.3 Camera
11.6.4 Infrared
11.6.5 Ultrasonic
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 Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Radar
12.6.2 LiDAR
12.6.3 Camera
12.6.4 Infrared
12.6.5 Ultrasonic
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 Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Radar
13.6.2 LiDAR
13.6.3 Camera
13.6.4 Infrared
13.6.5 Ultrasonic
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) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
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 Brake Override System Market: Competitive Dashboard
14.2 Global Brake Override System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honda
14.3.2 Toyota
14.3.3 Nissan
14.3.4 Renault
14.3.5 Suzuki
14.3.6 Mitsubishi
14.3.7 BMW
14.3.8 Robert Bosch
14.3.9 Hyundai
14.3.10 Volvo
14.3.11 Honda
