The global automotive electronic braking system (EBS) market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Increased consumer awareness about road safety is expected to drive the growth of the global EBS market. A gradual increase in automotive production has driven the demand for advanced vehicle components. Approved government regulations and increased safety procedures are expected to drive the need for advanced electronic braking system components which in turn is driving global EBS market.
The usage of GPS to collect data for prediction of curves and control the brakes in the corner indicates to apply the brakes, and control the vehicle when holding the brakes during turning. A low-speed braking system connected to a camera or radar assists the driver with urban acceleration and EBS. Such new developments in production open up new doors for innovation and improvement.Advanced driver assistance technologies such as collision avoidance and multi-brake system are adjusted to vehicles in various parts as part of a safety requirement. Institutions such as the New Car Assessment Program safety where cars are tested and given safety ratings for all performance from engine to brake safety are some of the factors that are expected to contribute to the growth of the business.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Vehicle Type
- By Product Type
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Advics Group, Continental AG, Knorr Bremse AG, Robert Bosch GmbH, and ZF TRW, among others.
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Global Automotive Electronic Braking System EBS Market Report by Segment
By Type
- Disc Brake
- Drum Brake
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Product Type
- Electronic Stability Control
- Adaptive Cruise Control
- Anti-Lock Braking System
- Differential Slip Control
- Traction Control System
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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