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Anti-Lock Braking System and Electronic Stability Control System Market Revenue and Value Chain 2015-2025

Future Market Insights has announced the addition of the “Anti-Lock Braking System and Electronic Stability Control System Market: Global Industry Analysis and Opportunity Assessment 2015-2025” report to their offering.

Future Market Insights has announced the addition of the “Anti-Lock Braking System and Electronic Stability Control System Market: Global Industry Analysis and Opportunity Assessment 2015-2025” report to their offering.

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Future <strong>Market</strong> Insights<br />

Global<br />

<strong>Anti</strong>-<strong>Lock</strong> <strong>Braking</strong><br />

<strong>System</strong> <strong>and</strong><br />

<strong>Electronic</strong> <strong>Stability</strong><br />

<strong>Control</strong> <strong>System</strong><br />

<strong>Market</strong><br />

Share, Global Trends,<br />

Analysis, Research, Report,<br />

Opportunities,<br />

Segmentation <strong>and</strong> Forecast,<br />

<strong>2015</strong>-<strong>2025</strong><br />

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Report Description<br />

Manufacturing vehicles with new design, hi-tech innovation, fuel efficiency <strong>and</strong> enhanced safety<br />

are the major challenges for automakers today. Need for extra comfort driving <strong>and</strong> active safety<br />

features has resulted in evolution of anti-lock braking system (ABS) <strong>and</strong> electronic stability<br />

control system (ECS). The ABS <strong>and</strong> ECS active safety systems are mainly used for reducing<br />

accidents <strong>and</strong> mitigating its impact.<br />

Drivers for <strong>Anti</strong>-<strong>Lock</strong> <strong>Braking</strong> <strong>System</strong> <strong>and</strong> <strong>Electronic</strong> <strong>Stability</strong> <strong>Control</strong> <strong>System</strong> <strong>Market</strong><br />

Rising safety concern all over the world is shifting consumer preference to look for active safety<br />

systems like ABS <strong>and</strong> ESC. ABS is an active type of safety system which prevents the wheels from<br />

ceasing rotation <strong>and</strong> avoids uncontrolled skidding. The main application of ABS system is<br />

improve vehicle control <strong>and</strong> decrease the stopping distances on slippery <strong>and</strong> dry surfaces.<br />

Automakers are also demonstrating the application <strong>and</strong> advantage of this technology through<br />

several media platform to increase awareness together with making it as differentiating factor.<br />

Increased acceptance of ABS by original equipment manufacturers (OEMs) <strong>and</strong> by customers<br />

across the globe has resulted into pushing ABS capability upward by frequent up gradation such<br />

as electronically control of the front-to-rear brake bias. Additionally, the capability of ABS can be<br />

enhanced by implementing traction control system, electronic brake force distribution (EBD) <strong>and</strong><br />

electronic stability control.<br />

Request for sample report: http://www.futuremarketinsights.com/reports/sample/rep-gb-436


Report Description<br />

In order to minimize the loss of steering control, ESC system is used. ECS is set of sensor<br />

devices <strong>and</strong> software also known also referred to as dynamic stability control (DSC) or<br />

electronic stability program (ESP). In Europe <strong>and</strong> United States the government has m<strong>and</strong>ate<br />

use of ABS <strong>and</strong> ESC system in all new passenger cars.<br />

<strong>Anti</strong>-<strong>Lock</strong> <strong>Braking</strong> <strong>System</strong> <strong>and</strong> <strong>Electronic</strong> <strong>Stability</strong> <strong>Control</strong> <strong>System</strong> <strong>Market</strong> Segmentation<br />

The global anti-lock braking system (ABS) <strong>and</strong> electronic stability control system (ECS) market<br />

is exp<strong>and</strong>ing rapidly due to various factors, such as stringent government norms related to<br />

safety <strong>and</strong> consumer preferences shifting to new technology advancement <strong>and</strong> active safety<br />

features.<br />

Regional Outlook on <strong>Anti</strong>-<strong>Lock</strong> <strong>Braking</strong> <strong>System</strong> <strong>and</strong> <strong>Electronic</strong> <strong>Stability</strong> <strong>Control</strong> <strong>System</strong><br />

<strong>Market</strong><br />

The global anti-lock braking system (ABS) <strong>and</strong> electronic stability control system (ECS) market<br />

can be segmented as vehicle type, channel type, product type <strong>and</strong> geographical regions. The<br />

global anti-lock braking system (ABS) <strong>and</strong> electronic stability control system (ECS) market is<br />

geographically sub-segmented into seven key regions namely North America, South America,<br />

Eastern Europe, Western Europe, Asia Pacific, Japan <strong>and</strong> Middle East & Africa. In 2013, North<br />

America accounted for largest share in global anti-lock braking system (ABS) <strong>and</strong> electronic<br />

stability control system (ECS) market, followed by Europe <strong>and</strong> Asia Pacific region respectively.<br />

In terms of growth rate Asia Pacific is the highest growing market with double digit CAGR,<br />

followed by Japan <strong>and</strong> South Korea.<br />

Request for TOC: http://www.futuremarketinsights.com/toc/rep-gb-436


Report Description<br />

The growth in Asia Pacific segment of the global anti-lock braking system (ABS) <strong>and</strong><br />

electronic stability control system (ECS) market is fueled by increasing penetration rate of<br />

ABS <strong>and</strong> ECS in region like China <strong>and</strong> India due to supporting macroeconomic factors such as<br />

rising income <strong>and</strong> purchasing power, changing lifestyle to due growing urbanization <strong>and</strong><br />

increasing awareness of active safety systems. Additionally countries like Japan <strong>and</strong> South<br />

Korea is also forecast to register significant growth in dem<strong>and</strong> for ABS <strong>and</strong> ESC system <strong>and</strong> is<br />

expected to account for double digit growth in terms of revenue in the global anti-lock<br />

braking system (ABS) <strong>and</strong> electronic stability control system (ECS) market due to stringent<br />

government legislations <strong>and</strong> safety norms.<br />

Key Players in the <strong>Anti</strong>-<strong>Lock</strong> <strong>Braking</strong> <strong>System</strong> <strong>and</strong> <strong>Electronic</strong> <strong>Stability</strong> <strong>Control</strong> <strong>System</strong> <strong>Market</strong><br />

The global anti-lock braking system (ABS) <strong>and</strong> electronic stability control system (ECS)<br />

market is fragmented with number of global <strong>and</strong> local player. Some of the key players in the<br />

global anti-lock braking system (ABS) <strong>and</strong> electronic stability control system (ECS) market<br />

are Autoliv Inc., Contenental Ag, Delphi Automotive Plc, Denso Corporation, Robert Bosch<br />

GMBH <strong>and</strong> TRW Automotive.<br />

Browse full report: http://www.futuremarketinsights.com/reports/anti-lock-brakingsystem-<strong>and</strong>-electronic-stability-control-system-market


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