HOME Press Releases Automotive Anti-Lock Braking System (ABS) Market worth $34 Billion and Automotive Electronic Stability Control (ESC) System Market worth $42 Billion by 2019



Automotive Anti-Lock Braking System (ABS) Market worth $34 Billion and Automotive Electronic Stability Control (ESC) System Market worth $42 Billion by 2019


The report Anti Lock Braking System (ABS) and Electronic Stability Control (ESC) System Market For Passenger Cars - by Geography - Trends and Forecasts 2014 - 2019”, classifies and defines the automotive ABS and ESC systems market in terms of volume and value  The report highlights potential growth opportunities in the coming years as well as covers review of the - market drivers, restraints, growth indicators, challenges, legislation trends, market dynamics, competitive landscape, and other key aspects w.r.t. automotive active safety systems market

Request Sample Request Sample

Browse 83 market data tables with 137 figures spread through 250 pages and in-depth TOC on "Anti Lock Braking System (ABS) and Electronic Stability Control (ESC) System Market For Passenger Cars - by Geography - Trends and Forecasts 2014 - 2019".
http://www.marketsandmarkets.com/Market-Reports/anti-lock-braking-electronic-stability-control-system-market-190401943.html
Early buyers will receive 10% customization on reports.

Asia-Pacific: Growing market for Anti-Lock Braking System (ABS) and Electronic Stability Control (ESC) systems

The Asia-Pacific region includes developing countries such as China, India, and Thailand. Factors such as adaptation of safety regulations by governments/agencies, and the increase in vehicle sales & safety installations per vehicle are accelerating the demand for ABS and ESC systems. Suppliers such as Robert Bosch GmbH (Germany), Continental AG (Germany), Hitachi Automotive, Ltd. (Japan), LG Innotek (South Korea), are some of the dominant players in this region that are anticipated to drive the demand for the ABS and ESC systems.

Europe: Established market for automotiveAnti-Lock Braking System (ABS) and Electronic Stability Control (ESC) system

In 2009, Europe experienced an economic downturn that affected many industries within the region, and is currently in its recovery phase. As such, the automotive ABS and ESC system market is projected to show a stable growth rate for the period under study. Europe is a major market for automotive ABS and ESC systems and home to a number of automotive safety system suppliers such as Autoliv, Inc., Robert Bosch, and Continental AG.

The Americas: Anti-Lock Braking System (ABS) and Electronic Stability Control (ESC) system shows healthy growth rate

The Americas comprises of the U.S., Mexico, Brazil, and Canada, among others. Mexico and Brazil are the emerging economies in this segment. The United States New Car Assessment Program (US NCAP) is a flagship consumer information program by the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA). In the coming years,US NCAP will adjust its rating system to reflect improvements in the safety features of U.S. vehicles. This will make it more stringent for a vehicle to achieve top ratings, thus encouraging manufacturers to produce vehicles exceeding the minimum federal safety requirements. This is expected to positively affect the ABS and ESC systems market. Automotive safety systems suppliers such as TRW Automotive Holdings Corp. (U.S.), Autoliv, and Continental AG have a major presence in the Americas.

The report covers the automotive ABS and ESC systems market in terms of volume and value. The market size, from 2011 to 2019 with regard to volume, is provided in terms of thousand units, whereas the value of the market is provided in terms of USD million. The ABS and ESC systems market is broadly classified by geography (Asia-Pacific, Europe, North America and RoW), focusing on key countries in each region.

The report classifies and defines the automotive ABS and ESC systems market in terms of volume and value, and provides qualitative and quantitative insights on the automotive ABS and ESC systems. It also gives a comprehensive review of market drivers, restraints, opportunities, challenges and key issues in the automotive ABS and ESC systems market. The key players in this market have also been identified and profiled.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan

North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports