global automatic braking market size, demand, growth & opportunity analysis 2021

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Global Automobile Automatic Braking System Market Outlook :

Industry Insights & Opportunity Evaluation,

2015-2021


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Global Automobile Automatic Braking System

Market Outlook 2021

Automatic braking system is designed to prevent

hazardous collisions between vehicles by optimizing

vehicle’s braking efficiency and pre-indicating the chances

of collision.

The global brake market is anticipated to reach USD 30.0

Billion by 2020, registering a compound annual growth

rate (CAGR) of 7.0%. Geographically, the global

automobile automatic braking system market is

segmented into North America, Latin America, Western

and Eastern Europe, Asia-Pacific and rest of the world.

Market Segmentation

By Type

Based on type, the global automobile automatic braking

system can be segmented into disc brakes and drum

brakes

By Technology

On the basis of technology, the global automobile

automatic braking system market is segmented as laser

technology, sensors, radar technology and others.


By Vehicle Type

Global automobile automatic braking system can be

divided on the basis of vehicle types into LCV (Light

commercial vehicle) and HCV (Heavy commercial vehicle).

Growth Drivers and challenges

Burgeoned growth of automobile sector in most of the

countries is expected to be a major driver fostering the

growth of global automobile automatic braking system

market over the forecast period.

In addition to that, rising concerns over road safety and

increasing government regulations to control road traffic

is also believed to bolster the expansion of global

automobile automatic braking system market in future.

However, larger availability of automatic braking system

in premium vehicles is projected to dampen the growth of

global automobile automatic braking system market,

particularly in developing and underdeveloped countries.

Market Size and Forecast

North America is anticipated to hold the top rank in

automobile automatic braking system market in the world.

The automatic braking system market in North America is

majorly propelled presence of major auto makers such as

General Motors and Ford in the region. The U.S. is


projected to be the largest automobile automatic braking

system market in North America followed by Canada.

Europe is also envisioned to have a major share of global

automobile automatic braking system market by the end of

2021. The market is likely to get propelled by increasing

vehicle production in most of the major European

countries such as Germany, Italy, France, Spain and the

U.K.

Asia-Pacific region is expected to witness a stupendous

growth in the automobile automatic braking system

market in coming 5-6 years. The automatic braking system

market in the region is likely to get fostered from

increasing foreign investments and emerging middle class

in countries such as India, China, Japan and Singapore.

Key Players

The global market of automobile automatic braking system

market is very competitive and includes some of the top

players like Toyota, Mercedes, Honda, BMW, Nissan,

Ford, Volkswagen, etc.

Scope and Context

Overview of the Parent Market

Analyst View


Market Size and Growth

North America (U.S. & Canada)

Latin America (Brazil, Mexico, Rest of Latin America)

Western and Eastern Europe (U.K., Germany, France,

Italy, Spain, Hungary, Belgium, Netherlands &

Luxembourg, Rest of Western Europe)

Asia-Pacific (China, India, Japan, Singapore,

Australia, New Zealand, Rest of Asia)

Rest of World

Segmentation

By Type

By Technology

By Vehicle Type

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their

Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges


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global automatic braking market size, demand, growth & opportunity analysis 2021

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