Anti-Lock Braking System Market to Witness an Outstanding Growth during 2016 – 2024

Anti-lock braking system (ABS) is a safety system for automobiles which is intended to keep the wheel rotating and to prevent the skidding of the vehicle. Mechanical anti-lock systems were developed originally in the late 1920s for use in aircrafts. This mechanical systems witness was used at limited instances in vehicles at that time, but never found widespread usage, owing to its unreliability and high price tag. However, anti-lock braking systems are now a standard feature in most of the vehicles and it offers expanded functions as well. Anti-lock braking systems are already mandatory in the developed regions of North America and Europe, while the stringent legislations and safety norms in the developing countries are set to rapidly generate demand for these systems, thereby creating high growth opportunities for the anti-lock braking systems market.

The key players in the global automotive anti-lock braking system market include:
Robert Bosch GMBH (Germany), Hyundai Mobis (South Korea), Continental AG (Germany), Denso Corp. (Japan), TRW Automotive (United States), Autoliv Inc. (Sweden), Hitachi Automotive Systems, Ltd. (Japan), Aisin Seiki Co., Ltd.(Japan),Delphi Automotive PLC (United Kingdom), and Haldex Corp.  (Sweden) among others.

Get sample copy of at:  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16547

The expanding number of deaths brought on because of street mishapshas constrained the administration in numerous regions to actualize stringent guidelines and regulations, and deploy ABS in all vehicles, and this is steadily boosting the growth of the global market. For instance, the Road Transport Ministry of India reported in September 2015 that every one of the models of bikes should be fitted with combined braking system (CBS) and anti-lock braking system by 2018. Other than allowing the driver to maintain the directional stability of the vehicle and control over steering during braking there are other importance of ABS which adds to its features. It helps the car to take sharp corners more quickly and safely. ABS acts as traction control and the classic case is that of the modern Range Rover which uses the in-built ABS to gently brake a slipping wheel to help restore traction and grip.Further, anti-lock braking systems function efficiently to make a vehicle come to halt quickly. Anti-lock braking systems help to absorb the turbulence shock waves and also modulates the pulses, therebyallowing the wheel to continually turn under maximum braking pressure. Thus, the usage of anti-lock braking systems in self-breaking systems is rising significantly. However, inconsistent stop times and high cost associated with these systems are posing to be a restraint to the growth of the global market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Have any query? Inquiry about report at:   https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=16547

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Contact:

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: [email protected]
Website: https://www.transparencymarketresearch.com