New Year and Chrismas Offer
Autonomous Emergency Braking (AEB) System Market

Autonomous Emergency Braking (AEB) System Market Size, Share and Segmentation by Component (Actuators, Audible Buzzers, Sensors, Controllers, Visual Indicators), by Operating Speed (High Speed-Inter Urban AEB Systems, Pedestrian-VRU (Vulnerable Road Users), AEB Systems, Low Speed-City AEB Systems), by Application (Forward Emergency Braking, Multi-directional Braking, Reverse Emergency Braking), by Regions and Global Forecast 2022-2028

Report Id: SNS/AUTO/1030 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Autonomous Emergency Braking (AEB) System Market Size was valued at USD 24.39 billion in 2021 and is expected to reach USD 105.08 billion by 2028 and grow at a CAGR of 23.2% over the forecast period 2022-2028.

An autonomous emergency braking system (AEBS) is a new safety technology that monitors traffic conditions ahead of time and stops the automobile automatically if the driver fails to respond to an emergency scenario. Experts consider AEB to be as crucial as seatbelts, but instead of protecting the occupant in the event of a crash, it seeks to prevent the crash from occurring in the first place. The autonomous emergency braking system application industry is involved in advanced driver assistance systems (ADAS).

Autonomous Emergency Braking (AEB) System Market Revenue Graph

Industry expansion has been supported by rising consumer awareness, substantial R&D by market players, and updated safety agency ratings. Major automakers have begun to include rudimentary AEB systems into their mass-market vehicle models as optional and standard features.

MARKET DYNAMICS: 

KEY DRIVERS: 

  • Increased automobile sales around the world help propel the market.

  • The market is being propelled by the increasing deployment of sophisticated braking systems.

RESTRAINTS: 

  • Consumer anxiety and a lack of functional simplicity are the barriers to market expansion.

  • The expensive expense of installing autonomous emergency braking will slow market growth.

OPPORTUNITIES: 

  • The introduction of semi-autonomous vehicles is likely to open up new industry prospects.

  • Technology adoption is increasing.

CHALLENGES: 

  • The AEB system is unable to identify the dangers and problems that are there.

  • One of the major issues is sensing, which includes categorizing and properly anticipating the movement of VRUs.

IMPACT OF COVID-19:

The COVID-19 epidemic slowed market growth by halting car production and limiting OEMs' ability to invest, limiting the introduction of new vehicle models. However, with the lifting of the lockdown measures after 2021, the market is expected to rise significantly during the projection period.

To combat the rising number of traffic accidents, many countries throughout the world began enacting strict laws. Increasing concerns about vehicle safety, rising adoption of advanced braking systems, advanced AI-powered systems, and government vehicle safety norms, as well as global vehicle production growth, are expected to support the automotive autonomous emergency braking system market during the forecast period.

KEY PLAYERS:

Many leading players in the autonomous emergency braking (AEB) system market include Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany), Continental AG (Germany), Denso Corporation (Japan), Valeo S.A. (France),  Hyundai Mobis Co., Ltd. (South Korea), Aisin Seiki Co., Ltd. (Japan), Paccar Inc. (DAF) (US), Autoliv, Inc. (Sweden), Delphi Automotive PLC (UK), Infineon Technologies AG (Germany), Knorr-Bremse AG (Germany), Mando Corporation (South Korea), Analog Devices, Inc. (US), Wabco Holdings, Inc. (US) and others.

MARKET ESTIMATION: 

Market, By Component:

Actuators, Audible Buzzers, Controllers, Sensors, and Visual Indicators are the different types of components in the market. Actuators are expected to be the fastest-growing market in the forecast period, owing to the high need for actuators in each vehicle, which outnumbers other components.

Market, By Operating Speed:

The market is divided into High Speed-Inter Urban AEB Systems, Low Speed-City AEB Systems, and Pedestrian-VRU (Vulnerable Road Users) AEB Systems based on Operating Speed. Due to increased vehicle density and highway accidents, Low Speed-City AEB Systems are expected to account for the biggest market share during the projection period.

Market, By Application:

The market is divided into three categories based on application: forward emergency braking, reverse emergency braking, and multi-directional braking. During the projected period, the Forward Emergency Braking System is expected to have the greatest market share. The causes are to blame for the increase in forward-moving vehicle crashes.

MARKET SEGMENTATION:

By Component:

  • Actuators

  • Audible Buzzers

  • Sensors

  • Controllers

  • Visual Indicators

By Operating Speed:

  • High Speed-Inter Urban AEB Systems

  • Pedestrian-VRU (Vulnerable Road Users) AEB Systems

  • Low Speed-City AEB Systems

By Application:

  • Forward Emergency Braking

  • Multi-directional Braking

  • Reverse Emergency Braking

Autonomous Emergency Braking (AEB) System Market Segment Chart

REGIONAL ANALYSIS:

The United States is likely to be the largest market for automatic emergency braking systems in North America. Certain automakers in the United States have stated that automobile emergency braking systems will be standard in their forthcoming passenger vehicles.

As a result, the market in these regions has a lot of room for expansion. Europe is expected to be a significant market, with a number of major manufacturers and technology providers situated there. The Asia Pacific is predicted to become a substantial market for the automatic emergency braking system throughout the forecast period due to increased vehicle sales.

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

           Autonomous Emergency Braking (AEB) System Market Report Scope:
Report Attributes Details
 Market Size in 2021  US$ 24.39 Bn
 Market Size by 2028  US$ 17.41 Bn
 CAGR   CAGR of 12.24% 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 Component (Actuators, Audible Buzzers, Sensors, Controllers, Visual Indicators)
• By Operating Speed (High Speed-Inter Urban AEB Systems, Pedestrian-VRU (Vulnerable Road Users), AEB Systems, Low Speed-City AEB Systems)
• By Application (Forward Emergency Braking, Multi-directional Braking, Reverse Emergency Braking)
 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 Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Denso Corporation, Valeo S.A.,  Hyundai Mobis Co., Ltd., Aisin Seiki Co., Ltd., Paccar Inc. (DAF), Autoliv, Inc, Delphi Automotive PLC, Infineon Technologies AG, Knorr-Bremse AG, Mando Corporation, Analog Devices, Inc., Wabco Holdings, Inc.
 Key Drivers • Increased automobile sales around the world help propel the market.
• The market is being propelled by the increasing deployment of sophisticated braking systems.
 Challenges • The AEB system is unable to identify the dangers and problems that are there.
• One of the major issues is sensing, which includes categorizing and properly anticipating the movement of VRUs.

 


Frequently Asked Questions (FAQ) :


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 Autonomous Emergency Braking (AEB) System Market Segmentation, by Component

8.1 Actuators

8.2 Audible Buzzers

8.3 Sensors

8.4 Controllers

8.5 Visual Indicators

 

9. Global Autonomous Emergency Braking (AEB) System Market Segmentation, by Operating Speed

9.1 High Speed-Inter Urban AEB Systems

9.2 Pedestrian-VRU (Vulnerable Road Users) AEB Systems

9.3 Low Speed-City AEB Systems

 

10. Global Autonomous Emergency Braking (AEB) System Market Segmentation, by Application

10.1 Forward Emergency Braking

10.2 Multi-directional Braking

10.3 Reverse Emergency Braking

 

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 Robert Bosch

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 ZF Friedrichshafen AG (Germany)

12.3 Continental AG (Germany)

12.4 Denso Corporation (Japan)

12.5 Valeo S.A. (France)

12.6 Hyundai Mobis Co., Ltd. (South Korea)

12.7 Aisin Seiki Co., Ltd. (Japan)

12.8 Paccar Inc. (DAF) (US)

12.9 Autoliv, Inc. (Sweden)

12.10 Delphi Automotive PLC (UK)

12.11 Infineon Technologies AG (Germany)

12.12 Knorr-Bremse AG (Germany)

12.13 Mando Corporation (South Korea)

12.14 Analog Devices, Inc. (US)

12.15 Wabco Holdings, Inc. (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 good and accurate research report and selecting the best methodology to compete 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 brain storming session 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 uploader 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.