impact of recession on your business
Automotive Electronic Brake System Market

Automotive Electronic Brake System Market Size, Share and Segmentation by Product (Disc Brakes, Drum Brakes), by Technology (Electronic stability control (ESC), Adaptive cruise control, Anti-lock braking system (ABS), Differential slip control, Traction control), by Vehicle Type (Commercial vehicles, Passenger cars), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/AUTO/2008 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Automotive Electronic Brake System Market Size was valued at USD 19.98 billion in 2021 and is expected to reach USD 28.50 billion by 2028 and grow at a CAGR of 5.2% over the forecast period 2022-2028.

Automotive Electronic braking systems offer an increased level of vehicle safety while requiring only a little amount of maintenance. The hydraulic pressure that is produced by the engine is used by an automotive braking system, which is a form of the vehicle braking system, to activate pistons within the calipers, which then force the brake pads against the rotors. The wheels' rotation will either be slowed down or stopped entirely as a result of this action. The Automobile Electronic Brake System is utilized in the automotive industry to either bring the vehicle to a complete stop or to reduce the vehicle's speed. When it comes to the protection of both drivers and pedestrians, a brake system is an absolutely necessary piece of equipment. This market for improved braking technology is being driven by increasing awareness of the importance of safety. The use of electronic braking systems in automobiles results in improved braking performance and minimizes the amount of service and maintenance required for braking systems.

Automotive Electronic Brake System Market Revenue Graph

By pioneering traction control systems and electronic stability programs (ESP), Robert Bosch was a significant contributor to the development of more advanced braking technology in 2021. The forward-thinking regenerative braking system that Bosch developed and brought to market has made its way into the hybrid and all-electric vehicle markets.

MARKET DYNAMICS: 

KEY DRIVERS: 

  • The industry is gaining traction due to the rising electrification of automobiles.

  • Modern automobiles' electronic components have been shown to improve their overall performance.

  • The vehicle industry has benefited from electrification by developing better engines, brakes, and safety systems.

  • The use of market-available high-end and luxury automobiles.

RESTRAINTS: 

  • Electronic and mechanical systems are intertwined in the latest braking technology.

  • The installation of brake systems on cars can be done for as little as $50 USD per unit of transportation.

  • One of the restrictions is that there is inconsistency in the positioning of the system.

OPPORTUNITIES: 

  • Business vehicles' increasing use of air disc brakes.

  • Technological advancement in the braking systems.

CHALLENGES: 

  • Electronic brake system expansion will be hampered by their high development and maintenance costs.

  • Market development is projected to be limited by the high costs of electronic brake systems.

IMPACT OF COVID-19:

Because of the onset of the COVID-19 epidemic, the entire supply chain system that exists in the market for automobiles has been thrown into disarray, particularly for the current projected period. The pandemic had a significant influence on the market for brand-new automobiles around the world during the second and third quarters of its duration. The same pattern continued into the new fiscal year 2021 as it had in the previous year. According to the findings of the study and analysis done on the market in 2020, the production of vehicles, which includes both HDVs and LDVs, experienced a significant drop. 19.6 percent was the total percentage of decline in the market. As a result of the pandemic, the time required for recovery was extremely unclear, and the lockdown that was imposed as a result of the epidemic led to the closure of production facilities in various regions of the worldwide market.

KEY MARKET PLAYERS:

Continental AG (Germany), Robert Bosch GMBH (Germany), Delphi Automotive Plc (US), Advics Group (US), Autoliv Inc. (Sweden), Denso Corporation (Japan), Haldex AB (Sweden), Knorr Bremse AG (Germany), Wabco Holdings Inc. (US), ZF TRW Automotive (US) are some of the affluent competitors with significant market share in the Ride Sharing Market.

MARKET ESTIMATION: 

Market, By Product:

The global market has been divided into disc brakes, and drum brakes based on the product segment. Disc brakes are predicted to dominate the worldwide automotive EBS market due to their durability, heat dissipation, shorter stopping distance, lower maintenance cost, longer life cycle, and smaller weight. These drivers will keep disc brakes growing in the next five years.

Market, By Technology:

The global market has been divided into electronic stability control (ESC), Adaptive cruise control, Anti-lock braking system (ABS), Differential slip control, and Traction control based on the technology segment. ESC will remain the most prominent EBS technique because of its wide penetration in industrialized economies. In emerging economies, anti-lock braking systems are very common, however, there has been a shift toward ESC.

Market, By Vehicle Type:

The global market has been divided into commercial vehicles and passenger cars based on the vehicle type segment. It is anticipated that the passenger automobile will continue to be the most popular form of vehicle sold. As a result of the high demand for safety systems and the rising production of passenger cars, it is anticipated that this category of vehicles would experience the highest increase over the same time period as the previous one.

MARKET SEGMENTATION:

By Product:

  • Disc Brakes

  • Drum Brakes

By Technology:

  • Electronic stability control (ESC)

  • Adaptive cruise control

  • Anti-lock braking system (ABS)

  • Differential slip control

  • Traction control

By Vehicle Type:

  • Commercial vehicles

  • Passenger cars

Automotive Electronic Brake System Market Segment Chart

REGIONAL ANALYSIS:

North America, Asia-Pacific, Europe, Latin America, the Middle East, and Africa make up the vehicle electronic brake system market. North America has the biggest market share due to the US, Canada, and Mexico, which drive market demand. Higher per capita income and rising demand for fuel-efficient vehicles boost market demand. Asia-Pacific, the fastest-emerging region, holds the second-largest market share in the global market due to highly populous countries like India, China, Japan, South Korea, Australia, and others that fuel market demand. Increasing investment, sales, production, and government policies also boost market demand. The European region holds the third-largest market share in the global industry due to its technologically advanced infrastructure, which increases the demand for automotive cars. Increasing investment by big firms promotes market demand in this region.

REGIONAL COVERAGE:

  • North America

    • The USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • The UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Automotive Electronic Brake System Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 19.98 Billion
Market Size by 2028 US$ 28.50 Billion
CAGR CAGR of 5.2% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Product (Disc Brakes, Drum Brakes)
• by Technology (Electronic stability control (ESC), Adaptive cruise control, Anti-lock braking system (ABS), Differential slip control, Traction control)
• by Vehicle Type (Commercial vehicles, Passenger cars)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Continental AG (Germany), Robert Bosch GMBH (Germany), Delphi Automotive Plc (US), Advics Group (US), Autoliv Inc. (Sweden), Denso Corporation (Japan), Haldex AB (Sweden), Knorr Bremse AG (Germany), Wabco Holdings Inc. (US), ZF TRW Automotive (US)
Key Drivers •The industry is gaining traction due to the rising electrification of automobiles.

•Modern automobiles' electronic components have been shown to improve their overall performance.
RESTRAINTS •Electronic and mechanical systems are intertwined in the latest braking technology.

•The installation of brake systems on cars can be done for as little as $50 USD per unit of transportation.


Frequently Asked Questions (FAQ) :

Ans:- 5.2% is the CAGR of the Automotive Electronic Brake System Market in the forecast period.

Ans:- Electronic and mechanical systems are intertwined and inconsistency in the positioning of the system is the primary market restraint for Automotive Electronic Brake System Market.

Ans:- The study includes a comprehensive analysis of market trends, as well as present and future market forecasts. DROC analysis, as well as impact analysis for the projected period. Porter’s five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape etc.

Ans:- Continental AG (Germany), Robert Bosch GMBH (Germany), Delphi Automotive Plc (US), Advics Group (US), Autoliv Inc. (Sweden), Denso Corporation (Japan), Haldex AB (Sweden), Knorr Bremse AG (Germany), Wabco Holdings Inc. (US), ZF TRW Automotive (US) are the most prominent players in the market.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of the Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Automotive Electronic Brake System Market Segmentation, By Product

8.1 Disc Brakes

8.2 Drum Brakes

 

9. Global Automotive Electronic Brake System Market Segmentation, By Technology

9.1 Electronic stability control (ESC)

9.2 Adaptive cruise control

9.3 Anti-lock braking system (ABS)

9.4 Differential slip control

9.5 Traction control

 

10. Global Automotive Electronic Brake System Market Segmentation, By Vehicle Type

10.1 Commercial Vehicles

10.2 Passenger Cars

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 the USA

11.2.2  Canada

11.2.3  Mexico

11.3 Europe

11.3.1  Germany

11.3.2  the UK

11.3.3  France

11.3.4  Italy

11.3.5  Spain

11.3.6  The Netherlands

11.3.7  Rest of Europe

11.4 Asia-Pacific

11.4.1  Japan

11.4.2  South Korea

11.4.3  China

11.4.4  India

11.4.5  Australia

11.4.6  Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1  Israel

11.5.2  UAE

11.5.3  South Africa

11.5.4  Rest

11.6 Latin America

11.6.1  Brazil

11.6.2  Argentina

11.6.3  Rest of Latin America

 

12. Company Profiles

12.1 Continental AG (Germany),

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Robert Bosch GMBH (Germany)

12.3 Delphi Automotive Plc (US)

12.4 Advics Group (US)

12.5 Autoliv Inc. (Sweden)

12.6 Denso Corporation (Japan)

12.7 Haldex AB (Sweden)

12.8 Knorr Bremse AG (Germany)

12.9 Wabco Holdings Inc. (US)

12.10 ZF TRW Automotive (US)

 

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of the good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brainstorming sessions to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploaded on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.