Anti-Lock Braking System Market

1
Global Anti-Lock Braking System Market 2017
2025

• Published by Accurize Market Research Pvt. Ltd.

2
Global Anti-Lock Braking System Market is
Estimated to Reach 49 Billion by 2024

• Global Anti-Lock Braking System Market report
  published by Accurize Market Research forecast
  that the global market is expected to reach 49
  billion by 2024 growing at a CAGR of 8 from
  2017 to 2025.
• By geography, the Asia Pacific and North America
  are expected to grow at a CAGR of XX and XX,
  respectively, during the forecast period.
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• https//www.accurizemarketresearch.com/report/anti
  -lock-braking-system-market/sample-request

3
Anti-Lock Braking System Market

• Demand for safety features in vehicles to drive
  the market
• Demand for safety features in vehicles such as
  electronic stability control (ESC), roll-over
  stability control (RSC), and traction control
  system are few driving factors of the global
  anti-lock braking system market.
• However, the high maintenance cost of anti-lock
  braking systems may hamper the market.
• Expansion in untapped markets of emerging
  economies and the development of unconventional
  braking systems for two-wheelers would unfold
  attractive business opportunities for the market
  in the coming years.

4
Market Segmentation

• The global anti-lock braking system market has
  been divided based on sub-systems and vehicle
  type. By sub-systems, the market is further split
  into ECU, sensors, and hydraulic units. By
  vehicle type segment, the market is categorized
  into two-wheelers, passenger cars, and commercial
  vehicles.
• Geographically the market is categorized into
  North America, Europe, Asia-Pacific, and the Rest
  of the World (RoW).
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  -lock-braking-system-market/ask-for-customization

5
Market Segmentation

• "Passenger cars accounted for the largest market
  share in the vehicle type segment", says Accurize
• In the vehicle type segment, passenger cars
  accounted for the largest market share in 2017,
  due to its increased sales and mandatory
  installation of the anti-lock braking system.
  However, the two-wheeler segment is anticipated
  to develop at the fastest CAGR during the
  forecast period.
• "Asia-Pacific dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• Asia-Pacific accounted for the largest market
  share of 31.8 in 2017 and is expected to
  continue its dominance. The growth is majorly
  attributed to increasing industrialization and
  urbanization in emerging countries. North America
  accounted for the second-largest market share of
  27.8.

6
Top players in the market

• Major companies operating in the market include
• Autoliv Inc., Robert Bosch GmbH
• WABCO
• ZF TRW
• Hyundai Mobis
• Denso Corporation
• Nissin Kogyo Co., Ltd
• Hitachi Automotive Systems, Ltd
• Continental AG
• and ADVICS Co., Ltd
•  

7
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