Published April 9, 2018
As the vehicle production is increasing in Asian regions, the automotive emergency braking market is to attain the inclined growth. The autonomous emergency braking system is the new technology which is incorporated into vehicles in order to apply the automatic brakes if car driver fails to respond in an emergency situation and are used in the controlling of the vehicle in traffic conditions. The autonomous emergency braking system is used not to completely avoid the trouble situations but too reduce the intensity of the collision.
APAC Automotive Autonomous Emergency Braking System Market Size & Growth:
APAC Automotive Autonomous Emergency Braking System Market is anticipated to reach the value of $1.59 billion in 2024 from $1.03 billion in 2018 with CAGR of 5.26%. Key parameters like rising safety concerns and mandatory government regulations, advancements in vehicle emergency systems and inclined adoption rate, the rise in the consumer spending power and encouragement by the new car assessment program are accelerating this market growth. Automotive autonomous emergency braking system market has opportunities like increasing passenger vehicle registrations, increasing demand for commercial vehicles. Factors like lack of infrastructure and high cost associated with AEBS, Lack of functional clarity in making AEBS are restraining the market growth.
APAC Automotive Autonomous Emergency Braking System Market Share:
In APAC automotive autonomous emergency braking system market component, technology, operating speed ,vehicle type, and geography are the segmentation. LiDAR, RADAR, Camera-based AEB, Fusion-based AEB are the classifications based on technology. Sensors with multi-purpose cameras incorporated in automotive, mainly fixed on the back of the vehicle in order to display clear image of the surroundings on the screen which is present at the driver. Camera-based AEB is expected to hold the largest market share owing to its assistance and safety functions. On the base of component, controllers, sensors, actuators, audible buzzers and visual indicators are the classifications. Where actuators are top in the market share, owing to the number of actuators in automobiles is more when compared to other components.
Commercial vehicles and passenger vehicles are the classifications based on the vehicle type. Passenger vehicle segment poised to have the large share and is leading the market. Owing to the larger volume and passenger safety when compared to the commercial vehicles. Low speed inter AEB system, high speed inter-urban AEB system and pedestrian road users system are the classifications based on the operating speed. Low speed AEBs generally operate at lesser speeds, whereas high speed inter-urban AEB systems operate at very high speeds and it is anticipated that sports utility vehicle(SUV) production which is high speed vehicle is likely to be increased within the forecast period. Number of vehicles running under the high speed AEB conditions are expected to be increased.
Automotive autonomous emergency braking market is classified into regions of China, India, Japan, Australia and New Zealand. APAC is the fastest market where automotive autonomous emergency braking market is considered as higher penetration of the AEB systems and increased production value of automobiles are driving the market growth. Developing economies like China and India have increased their production of automotive to 35% in the forecast period. China is hub for automobiles as owing to the advantages like availability of skilled labor and cheap labor costs.
APAC Automotive Autonomous Emergency Braking System Market Trends:
APAC Automotive Autonomous Emergency Braking System Market Research Reports Includes:
Along with these companies, there were many other companies are considered in the report while analyzing the Diagnostic Imaging Equipment market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
3. Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 Pestle Analysis
3.4 SWOT Analysis
3.5 Y-O-Y Analyses
4. Market Dynamics
4.1.1. Rising safety concerns and mandatory government regulations
4.1.2. Advancements in vehicle emergency systems and inclined adoption rate
4.1.3. Rise in the consumer spending power and encouragement by new car assessment
4.2. Restraints & Challenges
4.2.1. Lack of infrastructure and high cost associated with AEBS
4.2.2. Lack of functional clarity in making AEBS
4.3.1. Increasing passenger vehicle registrations
4.3.2. Increasing demand for commercial vehicles
5. APAC Automotive Autonomous Emergency Braking System Market – By Technology
5.1. Camera-based AEB
5.2. Fusion-based AEB
5.3. Radio detection and ranging (RADAR)
5.4. Light detection and ranging (LIDAR)
6. APAC Automotive Autonomous Emergency Braking System Market – By Component
6.4. Audible buzzers
6.5. Visual indicators
7. APAC Automotive Autonomous Emergency Braking System Market – By Vehicle type
7.1. Passenger vehicles
7.2. Commercial vehicles
8. APAC Automotive Autonomous Emergency Braking System Market – By Operating speed
8.1. Low speed inter AEB system
8.2. High speed inter-urban AEB system
8.3. Pedestrian road users AEB system
9. APAC Automotive Autonomous Emergency Braking System Market – By Country
9.2.4 Australia & New Zealand
10. Company Profiles
10.1. Robert Bosch GmbH
10.2. ZF Friedrichshafen AG
10.3. Texas Instruments Incorporated
10.4. Continental AG
10.5. Hyundai Mobis Co., Ltd.
10.6. Delphi Automotive PLC
10.7. Wabco Holdings, Inc.
10.8. Knorr-Bremse AG
10.9. Autoliv, Inc.
10.10. Denso Corporation
10.11. Analog Devices, Inc.
10.12. Aisin Seiki Co., Ltd.
10.13. Mando Corporation
10.14. Valeo S.A.
10.15. Paccar Inc.
11. APAC Automotive Autonomous Emergency Braking System Market – Competitive Landscape
11.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
11.2 Strategies Adopted By Top Companies
11.3 Market Share Analysis
12. Market Insights
12.1 Insights of Industry Experts
12.2 Investment Opportunities
12.3 Analyst Opinion
13.1 List of Tables
13.2 List of Figures