Global Automotive Predictive Emergency Braking System Market was valued US$ xxMn. in 2019 and the total revenue is expected to grow about CAGR7.2% from 2020 to 2027, reaching US$ xxMn.
The report has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Global Automotive Predictive Emergency Braking System Market: Overview
Automotive Predictive Emergency Braking System is used in vehicle to enhances vehicle safety and minimize chances of a collision. Automotive Predictive Emergency Braking System is utilizing combine functionality of electronicand mechanical components. Thesystems incorporateCentral Processingto controls and regulatevehicle brakes in emergency. Road Accident Prevention, International Organization accounted that the 90% of the time cause of road accident is human errors, which can be reduced by using Automotive Predictive Emergency Braking System in vehicles.
Automotive Electronic Brake System is used in automotive to stop vehicle or minimize speed of vehicle. Braking system is essential device as safety purpose of vehicle and pedestrian safety. Increasing awareness of safety is drivingAutomotive Predictive Emergency Braking System market.
Global Automotive Predictive Emergency Braking System Market: Technological Development
The global Automotive Predictive Emergency Braking Systemmarketdominated by some established players in the automotive market that are suppliers or manufacturers of system to Vehicle Manufacturers. Stringent vehicle normsintensifying safety awareness among peopleexpected to propel Global Automotive Predictive Emergency Braking System Market.Europe, Americas, and Japan region is showing the highest growth rate, as the vehicles manufactured in this region are offering advanced braking technologies to customers, owing to the braking distance norms.
Global Automotive Predictive Emergency Braking System Market: Drivers and Restraints
Automotive Predictive Emergency Braking System is expected to grow with increasing production of vehicle and rising demand of passenger vehicle. The Automotive Predictive Emergency Braking System helps in reducing chances of collision and provide safer environment for driving of vehicle. Awareness among customers for new safety devices is increasing incorporation of these devices in vehicles. It propels the demand for Automotive Predictive Emergency Braking System.
Government is creating more stringent vehicle norms for on road safety globally, this mandates manufacturers to install safety system in vehicle, also competition among automakers to develop safest car is anticipated to drive Global Automotive Safety Vehicle Technology Market.
The Automotive Predictive Emergency Braking System is expensive and this system has many autonomous functions, and malfunction of this system may lead to severe accident is the key restraint in market growth.
Global Automotive Predictive Emergency Braking System Market: Regional Overview
By region, Global Automotive Predictive Emergency Braking System Market is segmented into Asia Pacific, North America, Europe, South America, and Middle East & Africa.The North America and Europe dominates the Global Automotive Predictive Emergency Braking System Market. The safety equipment market is increasing and also showing significant growth during recent years. Development activities are going in the sector of electronic system in atomization in industries majorly driving market growth of Automotive Predictive Emergency Braking System.
Asia Pacific region is expected to be the fastest growing Automotive Predictive Emergency Braking System market, owing to growing on road traffic.National Highway Traffic Safety Administration, US collected crash data which indicated that about 88% of rear collisions caused due to drivers negligence, or while following a vehicle closely. WHO stated in their global road safety report 2017 that the increment in 1% of speed increases the risk of fatality about 4% and Crash about 3%, and 27% of fatalities occurred due to over speeding.
The report also helps in understanding Automotive Predictive Emergency Braking System Marketdynamics, structure by analyzing the market segments and projects the Automotive Predictive Emergency Braking System Marketsize. Clear representation of competitive analysis of key players By Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Automotive Predictive Emergency Braking System Marketmake the report investor’s guide.
Scope of the Automotive Predictive Emergency Braking System Market
Automotive Predictive Emergency Braking System Market, by Technology
• LiDar
• Radar
• Camera
Automotive Predictive Emergency Braking System Market, by Vehicle Type
• Passenger Car
• Commercial Vehicle
Automotive Predictive Emergency Braking System Market, by Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Automotive Predictive Emergency Braking System Market
• Robert Bosch GmbH
• Continental Inc.
• Denso Corporation
• ZF Friedrichshafen
• Hyundai Motor Corporation
• Aisin Seiki
• Valeo SA
• Delphi Automotive
• Autoliv Inc.
• Paccar Inc.
• Texas Instruments Incorporated
• Knorr-Bremse AG
• Mando Corporation
• Wabco Holdings
• Mobileye
• Autoliv
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