The global autonomous emergency brakes market is projected to be worth USD 76.06 Billion by 2027, according to a current analysis by Emergen Research. The autonomous emergency brakes market is observing a high growth rate attributed to growing road safety concerns and growing adoption of autonomous emergency braking systems. Road traffic accidents and deaths have a significant impact on individuals, societies, and nations. They encompass considerable costs to healthcare systems consuming resources and causing huge productivity loss with substantial economic and social aftermaths. It has been found that around 1.25 million individuals around the world die annually due to road collisions and accidents.
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Competitive Landscape:
The report further studies the major competitors of the Autonomous Emergency Brakes market in the industry to provide a comprehensive overview of the competitive landscape. Key factors such as productivity, manufacturing and production capacity, and demand and supply ratio, among others, are also examined. The key companies profiled in the report are Denso Corporation, Delphi Automotive PLC, Aisin Seiki Co. Ltd., Robert Bosch GmbH, Texas Instruments Inc., Continental AG, Valeo SA, ZF Friedrichshafen AG, Wabco Holdings Inc., and Hyundai Mobis Co. Ltd., among others. Moreover, the report also analyses the key business initiatives undertaken by companies such as mergers and acquisitions, joint ventures, collaborations, and partnerships, among others.
Key Highlights From The Report
- Actuators provide a higher precision level in motion controlling attributed to its ability to modify the speed, force, and torque at various vehicular movement stages.
- Data fusion enables the separation of false-positive inputs from real objects, an essential functionality from an autonomous emergency brake system for the prevention of accidental application of brakes resulting in rear-end collision that may be dangerous.
- North America contributed to a significant autonomous emergency brakes market share attributed to a rise in mandatory regulation for automotive safety in the region. Automotive manufacturers are emphasizing the up-gradation of already launched automotive models with suitable hardware with a pre-crash system.
Autonomous Emergency Brakes Market Segmentation:
Emergen Research has segmented the global autonomous emergency brakes market on the basis of technology, component, automation level, application, and region:
- Technology Outlook (Revenue, USD Billion; 2017-2027)
- Camera
- Fusion
- LiDAR
- Radar
- Component Outlook (Revenue, USD Billion; 2017-2027)
- Actuators
- Audible Buzzers
- Controllers
- Sensors
- Visual Indicators
- Automation Level Outlook (Revenue, USD Billion; 2017-2027)
- Autonomous Vehicle
- Semi-Autonomous Vehicle
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Forward Emergency Braking
- Reverse Emergency Breaking
- Multi-Directional Emergency Breaking
The regional analysis of the Autonomous Emergency Brakes market mainly focuses on the key regions and regional market in North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. It evaluates the presence of the global Autonomous Emergency Brakes market in the major regions with regards to market share, market size, revenue contribution, sales network, and distribution channel, and other key elements.
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Key Factors influencing market remuneration:
- The global Autonomous Emergency Brakes market report includes a detailed study of the product spectrum of the market and further describes the different product types, including One-sided, Two-sided, and Others.
- The report zeroes in on the overall market dynamics and presents information with regard to the producers and distributors, manufacturing cost structure, and downstream buyers.
- Details pertaining to the expected growth rate, industry share, revenue accumulated, and product segmentationare depicted in this report.
- The application landscape of the global Autonomous Emergency Brakes market can be categorized into For Human, For Animals, and Others.
- The study further examines the industry share and product demand of each application, coupled withthe predicted growth patterns of the various application segments.
- Other vital factors, such as market concentration ratioand raw material processing rate, have also been covered under the latest study.
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Autonomous Emergency Brakes Market Segmentation & Impact Analysis
4.1. Autonomous Emergency Brakes Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising occurrence of road accidents
4.2.2.2. Stringent government regulations
4.2.2.3. Growing safety concerns
4.2.2.4. Rise in the level of disposable income
4.2.3. Market restraints analysis
4.2.3.1. Low awareness
4.2.3.2. High cost of the product
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
READ MORE…!
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