November 27, 2020

Impact of Outbreak of COVID-19 on Autonomous Emergency Braking System AEBS Market Analytical Overview, Growth Factors, Demand and Trends Forecast to 2027

The Global Autonomous Emergency Braking System (AEBS) Market is projected to reach around USD 78.1 billion by 2027 at a CAGR of around 21.1%.

Autonomous Emergency Braking System (AEBS) is an advanced driver assistance system (ADAS) safety system that helps drivers to detect obstacles and avoid the impact of collisions with other vehicles. Also, it automatically stops the car if the driver fails to respond to an emergency situation. The system monitors the gap between you and the vehicle ahead and automatically applies maximum braking, using the Anti-lock braking system to slow the car as much as possible.

Autonomous Emergency Braking System (AEBS) Market: Drivers & Restraint

Market Driver:

Rising Awareness Towards Safety Concerns

An autonomous emergency braking system (AEBS) helps to brake the vehicle to prevent a collision or reduce the severity of an impact. Safety is a major concern in the automotive sector. Any safety failures may result in severe injury or loss of life. Rising vehicle accidents worldwide is driving the demand for the automotive emergency braking system. As per the World Health Organization (WHO), around 1.35 million people annually die due to road accidents. To overcome this situation, International Standards, International Organization for Standardization (ISO 26262), and Society of Automotive Engineers (SAE J3061), have come up with strict vehicle safety and security standards.

Hence, rising awareness towards safety concerns is expected to drive the market growth during the forecast period.

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Growing Adoption of Advanced Emergency Braking System

The basic functions of an autonomous emergency braking system (AEBS) is to avoid or decrease a collision with a vehicle ahead. This can be achieved with the information’s obtained using advanced driver assist systems (ADAS) sensors such as radar or camera. AEB technology is connected with adaptive cruise control which is an advantage for motorway driving and guides in peak hour traffic. Such benefits of AEBS are resulting in its increased adoption rate over the world. In Feb 2019, according to the United Nations, Economic Commission for Europe (UNECE) has imposed strict regulations for AEBS for cars which will improve road safety.

Thus, the growing adoption of the advanced emergency braking system is expected to propel the Autonomous Emergency Braking System (AEBS) market during the forecast period.

Market Restraint:

High Cost of Autonomous Emergency Braking System (AEBS)

The installation cost of AEBS increases the overall price of the vehicle which also increases the overall cost of the vehicle. Safety is one of the biggest factors while purchasing a new car, however it is associated with high cost. Due to the presence of cost constraints, the more efficient systems are first implemented in premium vehicles, where the impact of the cost of the system on the overall cost of the vehicle is minor than for standard vehicles.

Hence, the high cost of AEBS is expected to restrain the market during the forecast period.

Autonomous Emergency Braking System (AEBS) Market: Key Segments

  • Based on Components: Sensors, Actuators, Buzzers, Visual Indicators, and Controllers.
  • Based on Technology: Radar, Camera, LiDAR, and Fusion.
  • Based on Operating Speed: Low Speed, High Speed, and Pedestrians and Cyclists Users
  • Based on Application: Passenger Cars, Light-Duty Vehicle (LDV) and Heavy-Duty Vehicle (HDV).
  • Based on Region Covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Autonomous Emergency Braking System (AEBS) Market: Report Scope

The report on the Autonomous Emergency Braking System (AEBS) market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Autonomous Emergency Braking System Market include:

  • Robert Bosch GmbH (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Continental AG
  • DENSO CORPORATION
  • ZF Friedrichshafen AG
  • AISIN SEIKI Co., Ltd.
  • Valeo
  • Autoliv Inc.
  • Delphi Technologies
  • Texas Instruments Incorporated
  • Hitachi Automotive Systems, Ltd.
  • Other Key Companies

Autonomous Emergency Braking System (AEBS) MARKET: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Autonomous Emergency Braking System (AEBS) Market, by Components

  • Sensors
  • Actuators
  • Buzzers
  • Visual Indicators
  • Controllers

Autonomous Emergency Braking System (AEBS) Market, by Technology

  • Radar
  • Camera
  • LiDAR
  • Fusion (Combination of Radar and Camera Sensors)

Autonomous Emergency Braking System (AEBS) Market, Operating Speed

  • Low Speed
  • High Speed
  • Pedestrians and Cyclists Users

Autonomous Emergency Braking System (AEBS) Market, Application

  • Passenger Cars
  • Light-Duty Vehicle (LDV)
  • Heavy-Duty Vehicle (HDV)

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Autonomous Emergency Braking System Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

  • What are the prominent developments affecting the market globally and its growth?
  • What will be the impact of the developments in the market on the industry and the market players in the future?
  • What are the evolving variations of the market worldwide?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the world?
  • How are the key players leveraging in the present market scenario globally?

Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Rising Awareness Towards Safety Concerns
      2. Growing Adoption of Advanced Emergency Braking System
    3. Restraint
      1. High Cost of Autonomous Emergency Braking System (AEBS)
    4. Opportunities
      1. Growing adoption of Semi-Autonomous Vehicles
    5. Challenges
      1. Calibrating the Vehicles Detection Software to Avoid Collisions
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. AUTONOMOUS EMERGENCY BRAKING SYSTEM (AEBS) MARKET BY COMPONENTS, Market Size in USD Million and Units (2019-2027)
    1. Introduction
    2. Sensors
    3. Actuators
    4. Buzzers
    5. Visual Indicators
    6. Controllers
  7. AUTONOMOUS EMERGENCY BRAKING SYSTEM (AEBS) MARKET BY TECHNOLOGY, Market Size in USD Million and Units (2019-2027)
    1. Introduction
    2. Radar
    3. Camera
    4. LiDAR
    5. Fusion (Combination of Radar and Camera Sensors)
  8. AUTONOMOUS EMERGENCY BRAKING SYSTEM (AEBS) MARKET BY OPERATING SPEED, Market Size in USD Million and Units (2019-2027)
    1. Introduction
    2. Low Speed
    3. High Speed
    4. Pedestrians and Cyclists Users
  9. AUTONOMOUS EMERGENCY BRAKING SYSTEM (AEBS) MARKET BY APPLICATION, Market Size in USD Million and Units (2019-2027)
    1. Introduction
    2. Passenger Cars
    3. Light-Duty Vehicle (LDV)
    4. Heavy-Duty Vehicle (HDV)
  10. AUTONOMOUS EMERGENCY BRAKING SYSTEM (AEBS) MARKET BY REGION, Market Size in USD Million and Units (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Norway
      7. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  11. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  12. COMPANY PROFILES
    1. Robert Bosch GmbH
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Continental AG
    3. DENSO CORPORATION
    4. ZF Friedrichshafen AG
    5. AISIN SEIKI Co., Ltd.
    6. Valeo
    7. Autoliv Inc.
    8. Delphi Technologies
    9. Texas Instruments Incorporated
    10. Hitachi Automotive Systems, Ltd.
    11. Other Key Companies
  13. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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