Automotive Anti-Lock Braking System Market - Growth, Trends, and Forecast (2019 - 2024)
|出版商||Mordor Intelligence LLP||商品編碼||612942|
|出版日期||內容資訊||英文 60 Pages
|ABS (防鎖死剎車系統)的全球市場:成長、趨勢、預測 Automotive Anti-Lock Braking System Market - Growth, Trends, and Forecast (2019 - 2024)|
|出版日期: 2019年06月01日||內容資訊: 英文 60 Pages||
本報告提供全球防鎖死剎車系統 (ABS)的市場相關分析，市場基本結構和促進、阻礙因素，各車種、各地區的市場趨勢預測 (今後6年份)，主要供應商的簡介與市場佔有率，市場競爭環境，今後的市場成長、產品開發、資本交易預測等調查。
The global automotive anti-lock braking system market is expected to register a CAGR of 7.8%, during the forecast period, 2019-2024.
The key factors for the increasing acceptance of ABS systems are the increasing focus on safety and the potential reduction in road-accident related deaths. Nearly to 3,300 people die every day due to road crashes, and about 9/10th of the total casualties occur in the middle and low-income countries that have less than half of the world's total vehicles.
The ABS market is expected to show a high rate of growth, as these systems are starting to be used extensively in entry-level two-wheelers as well. Most of the two-wheelers in the developed markets are high-end vehicles that have similar safety features as standard. But in the emerging markets, two-wheelers are entry-level vehicles and are the cheapest.
Increased adoption of such safety systems in passenger vehicles is also expected to boost the market in the forecast period. Emerging countries, such as Germany, Spain, and the United States are planning to come up with legislation to make ABS mandatory in heavy commercial vehicles, which will significantly drive the market.
The global automotive anti-lock braking system market has been segmented by vehicle type and geography.
The growing safety standards in the automotive industry across the world is driving the other countries in the developing regions to follow the footprints of the developed regions, where all new passenger cars sold with ABS as a standard feature.
In 2018, nearly more than 70% of the passenger car sales have been equipped with ABS, owing to the mandatory ABS rule in some of the countries, like Japan, Brazil, etc.
ABS in passenger cars are likely to increase, owing to the improving passenger car sales, majorly in Asia-Pacific and Europe, during the forecast period.
The growing rate of accidents and the continuous efforts of governments across the world in reducing the number of accidents is one of the major drivers for the anti-lock braking systems market.
Asia-Pacific is one of the fastest growing market globally. The growing demand of anti-lock braking system (ABS) market in the region is supported by the increase in road safety rules set by the government, which makes sure that all new vehicles are equipped with ABS. For instance,
The National Transportation Safety Board (NTSB) is working toward promoting the anti-lock brakes in the manufacturing process of motorcycles in the United States. The NTSB does not have the right to create laws, so it is aiming to persuade the NHTSA, an organization responsible for introducing and enforcing road safety rules. The Insurance Institute for Highway Safety found that motorcycles furnished with anti-lock brakes have a 31% lower crash rate than bikes without this feature.
The European Union Parliament mandated anti-lock braking systems as standard equipment in motorcycles built in the year 2016 and afterward. The Insurance Institute of Highway Safety reported that 8.9% of registered motorcycles were required to have anti-lock brake systems in 2017. This number has increased steadily since 2002 when anti-lock brake technology was considered a standard form of equipment on only 0.2% of motorcycles.
The market for anti-lock brake system (ABS) is anticipated growth over the forecast period as the developed and developing countries are making anti-lock braking system (ABS) mandatory in the four wheelers and two-wheeler for reducing the number of causalities and also ABS makes vehicle technologically more strong.
The global automotive anti-lock braking system market is dominated by major players such as Robert Bosch GmbH, Autoliv Inc., Continental AG, Denso Corporation, ZF, and among others. The companies are strategically investing, making acquisitions, and doing partnerships in key technologies. Also, almost all the passengers are equipped with the anti-lock braking system, which is majorly driving the market growth.