Automotive Electronic Braking Systems Market Size Analysis 2022, Top Regions, Key Players and Investments Opportunities Forecast to 2028

 

The global automotive electronic braking systems market is anticipated to grow at a  CAGR of 4.8% during the forecast period (2022-2028). An automotive brake system employs hydraulic pressure generated by the engine to trigger pistons in the calipers that press the brake pads against the rotors. The rotation of the wheels is slowed or stopped as a result of this operation. Growing demand for safety features, increasing vehicle production and sale volume, innovative launches, and government regulations pertaining to safety equipment are some of the factors driving the global automotive electronic braking system market forward. For instance, in February 2018, Continental AG developed the third generation of the antilock braking system (ABS) that responds to vehicle speeds while also offering safer, more controllable, and optimal brake performance while driving.

Some of the key players profiled in the study are: Autoliv Inc., Continental AG, DENSO CORP., Robert Bosch GmbH., ZF Friedrichshafen AG, among others.

Automotive Electronic Braking Systems Market Segmentation:

By Type 

• Traction Control System (TCS)
• Anti-lock Braking System (ABS)
• Electronic Stability Control (ESC

By Application

• OEM
• Aftermarket

A full report on the Automotive Electronic Braking Systems Market is available at: 

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key questions answered in this report:

• What is the size of the Automotive Electronic Braking Systems market and what is its expected growth rate?
• What are the primary driving factors that push the Automotive Electronic Braking Systems Market forward?
• What are the Automotive Electronic Braking Systems Industry’s top companies?
• What are the different categories that the Automotive Electronic Braking Systems Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Automotive Electronic Braking Systems Market sample report and company profiles?