The Anti-Lock Braking System Market size is expected to grow at an annual average of 9% during 2021-2027. ABS (Anti-Lock Braking System) is an automotive safety system designed to keep the wheels rotating and prevent the vehicle from slipping. Mechanical anti-lock systems were originally developed for use in aircraft in the late 1920s. This mechanical system witness was used in limited instances of the vehicle at the time, but it was not widely used due to its high reliability and high price tag.
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A full report of Anti-Lock Braking System Market is available at: https://www.orionmarketreports.com/anti-lock-braking-system-market/37802/
The following segmentation are covered in this report:
By Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicles
By Sub-System Type
- Sensors
- Electric Control Unit
- Hydraulic Unit
Company Profile
- AISIN SEIKI Co., Ltd.
- Aptiv PLC
- Continental AG
- DENSO CORPORATION
- Hitachi Automotive Systems Americas, Inc.
- Hyundai Mobis
- Nissin Kogyo Co., Ltd.
- Robert Bosch GMBH
- WABCO
- ZF Friedrichshafen AG
The report covers the following objectives:
- Proliferation and maturation of trade in the global Anti-Lock Braking System Market
- The market share of the global Anti-Lock Braking System Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Anti-Lock Braking System Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Anti-Lock Braking System Market
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
