Market Overview:
The global intelligent braking systems market is expected to grow at a CAGR of 7.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for safety features in vehicles and rising awareness about the benefits of using intelligent braking systems. The global Intelligent Braking Systems (IBS) market is segmented on the basis of type, application, and region. On the basis of type, IBS can be classified into ABS (Anti-lock Braking System), EBS (Electronic Braking System), and others such as BAS (Brake Assist System) and DBCS (Dynamic Brake Control System). The automotive segment dominates the IBS market with a share of more than 60%. This is due to stringent government regulations mandating installation of these systems in passenger cars across developed countries such as U.S., Canada, Germany, France, etc.
Product Definition:
Intelligent braking systems (IBS) are a type of advanced driver assistance system that assists drivers in braking their vehicles. IBS uses sensors to monitor the speed and distance of objects around the vehicle, then calculates the optimal time and amount of brake force required to avoid or mitigate a collision. IBS can be used as part of an overall safety system that includes features such as lane departure warning, forward collision warning, and adaptive cruise control.
IBS is important because it can help drivers avoid or mitigate collisions by automatically applying brakes when necessary. This can help reduce injuries and fatalities resulting from car accidents, as well as reducing damage to vehicles involved in collisions.
ABS:
ABS, or Antilock Braking System is a safety feature that prevents the vehicle from skidding when braking. ABS can be differentiated from other antiskid systems such as emergency breaking and tire pressure monitoring system. ABS works by engaging both the rear wheels simultaneously which leads to increased traction and stability of the vehicle, thus preventing it from skidding during braking.
The global ABS market size was valued at USD 8,100 million in 2015.
EBS:
Electronic Brake-Force Distribution (EBS) is a system that distributes the applied brake force among several linked discs. It helps in improving the vehicle’s overall braking performance by reducing the peak forces on any one disc and also helps to increase its lifespan. The basic function of EBS is to equalize pressure distribution across all discs so that they can perform equally well and last longer, even under heavy loads and extreme temperatures.
Application Insights:
Automotive, aircraft, and trains are the major application segments in the Intelligent Braking Systems market. In 2017, the automotive segment dominated with a share of over 60% in terms of revenue. The increasing number of accidents and road deaths have led to increased government regulations regarding driver behavior such as Distracted Driving (Texting While Driving) across various regions. This has resulted in increased demand for intelligent braking systems that can sense an impending collision and automatically apply the brakes to prevent a crash or reduce its severity. Such systems are integrated with advanced safety features such as lane departure warning system, forward collision warning system, etc.
The industrial equipment segment is expected to register a CAGR exceeding 12% from 2018 to 2030 owing to growing adoption across industries including oil & gas.
Regional Analysis:
North America dominated the global intelligent braking systems market in 2017. The region is expected to maintain its position during the forecast period. North America has been witnessing increased adoption of electric vehicles, which benefits from intelligent braking systems. Furthermore, stringent government regulations regarding fuel economy and emission control standards are also expected to drive demand for EBS technologies in this region over the forecast period.
The Asia Pacific regional market captured a revenue share of over 20% in 2017 owing to increasing automotive production and sales across emerging economies such as India and China.
Growth Factors:
- Increasing demand for safety features in automobiles
- Government regulations for installation of braking systems in vehicles
- Technological advancements in braking systems
- Growing awareness about the benefits of intelligent braking systems among consumers
- Rising demand for luxury and premium cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Braking Systems Market Research Report
By Type
ABS, EBS, Others
By Application
Automotive, Aircraft, Trains, Industrial Equipment, Other
By Companies
Bosch, Continental, TRW, ADVICS, Hyundai Mobis, Mando, Wabco, Knorr-Bremse, Hitachi, Nissin Kogyo, Junen, Wanxiang, APG, Kormee, Dongfeng Electronic, Guangzhou Sivco, Volvo
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Braking Systems Market Report Segments:
The global Intelligent Braking Systems market is segmented on the basis of:
Types
ABS, EBS, Others
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
Automotive, Aircraft, Trains, Industrial Equipment, Other
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:
- Bosch
- Continental
- TRW
- ADVICS
- Hyundai Mobis
- Mando
- Wabco
- Knorr-Bremse
- Hitachi
- Nissin Kogyo
- Junen
- Wanxiang
- APG
- Kormee
- Dongfeng Electronic
- Guangzhou Sivco
- Volvo
Highlights of The Intelligent Braking Systems 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:
- ABS
- EBS
- Others
- By Application:
- Automotive
- Aircraft
- Trains
- Industrial Equipment
- Other
- 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 Intelligent Braking Systems 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.
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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?
Intelligent braking systems are a type of safety technology that uses sensors to monitor the vehicle's surroundings and use that information to make decisions about how much force to apply to the brakes. This can help prevent or reduce the severity of accidents.
Some of the major players in the intelligent braking systems market are Bosch, Continental, TRW, ADVICS, Hyundai Mobis, Mando, Wabco, Knorr-Bremse, Hitachi, Nissin Kogyo, Junen, Wanxiang, APG, Kormee, Dongfeng Electronic, Guangzhou Sivco, Volvo.
The intelligent braking systems market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intelligent Braking Systems 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. Intelligent Braking Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intelligent Braking Systems Market - Supply Chain
4.5. Global Intelligent Braking Systems Market Forecast
4.5.1. Intelligent Braking Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intelligent Braking Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intelligent Braking Systems Market Absolute $ Opportunity
5. Global Intelligent Braking Systems 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. Intelligent Braking Systems Market Size and Volume Forecast by Type
5.3.1. ABS
5.3.2. EBS
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intelligent Braking Systems 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. Intelligent Braking Systems Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aircraft
6.3.3. Trains
6.3.4. Industrial Equipment
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intelligent Braking Systems 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. Intelligent Braking Systems 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 Intelligent Braking Systems 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. Intelligent Braking Systems 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 Intelligent Braking Systems Demand Share Forecast, 2019-2029
9. North America Intelligent Braking Systems 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 Intelligent Braking Systems 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 Intelligent Braking Systems Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aircraft
9.4.3. Trains
9.4.4. Industrial Equipment
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intelligent Braking Systems Market Size and Volume Forecast by Type
9.7.1. ABS
9.7.2. EBS
9.7.3. Others
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 Intelligent Braking Systems Demand Share Forecast, 2019-2029
10. Latin America Intelligent Braking Systems 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 Intelligent Braking Systems 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 Intelligent Braking Systems Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aircraft
10.4.3. Trains
10.4.4. Industrial Equipment
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intelligent Braking Systems Market Size and Volume Forecast by Type
10.7.1. ABS
10.7.2. EBS
10.7.3. Others
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 Intelligent Braking Systems Demand Share Forecast, 2019-2029
11. Europe Intelligent Braking Systems 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 Intelligent Braking Systems 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 Intelligent Braking Systems Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aircraft
11.4.3. Trains
11.4.4. Industrial Equipment
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intelligent Braking Systems Market Size and Volume Forecast by Type
11.7.1. ABS
11.7.2. EBS
11.7.3. Others
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 Intelligent Braking Systems Demand Share, 2019-2029
12. Asia Pacific Intelligent Braking Systems 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 Intelligent Braking Systems 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 Intelligent Braking Systems Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aircraft
12.4.3. Trains
12.4.4. Industrial Equipment
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intelligent Braking Systems Market Size and Volume Forecast by Type
12.7.1. ABS
12.7.2. EBS
12.7.3. Others
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 Intelligent Braking Systems Demand Share, 2019-2029
13. Middle East & Africa Intelligent Braking Systems 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 Intelligent Braking Systems 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 Intelligent Braking Systems Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aircraft
13.4.3. Trains
13.4.4. Industrial Equipment
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intelligent Braking Systems Market Size and Volume Forecast by Type
13.7.1. ABS
13.7.2. EBS
13.7.3. Others
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 Intelligent Braking Systems Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Intelligent Braking Systems Market: Market Share Analysis
14.2. Intelligent Braking Systems Distributors and Customers
14.3. Intelligent Braking Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 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. TRW
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ADVICS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hyundai Mobis
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mando
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wabco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Knorr-Bremse
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
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nissin Kogyo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Junen
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Wanxiang
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. APG
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kormee
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Dongfeng Electronic
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Guangzhou Sivco
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Volvo
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