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| Report Code: A03746 | Sep 2017 | Pages: 120 | ||
| Tables: 46 | Charts: 72 |
| |
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Request Now !The global autonomous emergency braking system market size was valued at $43.7 billion in 2016, and is projected to reach at $67.67 billion by 2023, growing at a CAGR of 6.7% from 2017 to 2023.The global market is driven by rise in number of road accidents, and high adoption rate of advanced braking systems. However, high cost of AEBS technology hampers the market growth.
Autonomous emergency braking system (AEBS) is a new safety technology increasingly being fitted to vehicles, which monitors the traffic conditions ahead and automatically brakes the car if the driver fails to respond to an emergency situation. AEB is seen by experts as an important development as is the seatbelt, but rather than protecting the occupant in the event of a crash, it aims to prevent the crash happening in the first place. The application of autonomous emergency braking system industry is engaged in advanced driver assistance system (ADAS).
The market players have implemented a number of strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the industry. These market players have implemented a number of strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the industry. Significant players operating in the autonomous emergency braking system market are Robert Bosch GmbH, Continental AG, Delphi Automotive LLP, ZF Friedrichshafen AG, Mobileye, Autoliv Inc., Hyundai Mobis, AISIN SEIKI Co., Ltd., Hitachi Automotive Systems, Ltd., and Mando Corporation.
Segment Overview
The global autonomous emergency braking system market is segmented on the basis of product type, technology, vehicle type, and region. By product type, the market is divided into low-speed AEBS & high-speed AEBS. By technology, the AEBS is classified into crash imminent braking and dynamic brake support. By vehicle type, the market is categorized into passenger and commercial vehicles. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Top Impacting Factors
Factors that are expected to impact the global autonomous emergency braking system market during the forecast period are rise in number of road accidents and high adoption rate of advanced braking systems. However, the impact of factors, such as high cost of AEBS technology, is expected to diminish during the forecast period.
Rise in Number of Road Accidents
According to the fact sheet of “World Health Organization”, road traffic injuries are the leading cause of death among people aged between 15 and 29 years & 1.25 million people die every year as a result of road accident. Also, 90% of the world's fatalities on the roads occur in low & middle economical countries, though such countries have approximately 54% of the world's vehicles. Moreover, for most of the countries road accidents cost 3% of their gross domestic product (GDP). Such factors result in increased demand of the vehicles, which are equipped with autonomous emergency braking system (AEBS) for safety & security of the vehicle, driver, and people. Furthermore, road accidents cause considerable economic losses to individuals, their families, and to nations as a whole. Such losses arise from the cost of treatment as well as lost productivity for people killed or disabled by their injuries, and for the rest of family members which in turn fuels the demand of AEBS to avoid road accidents.
High Adoption Rate of Advanced Emergency Braking System
Advanced emergency braking systems (AEBS) has a very high potential in case of crash avoidance & crash mitigation. basic functions of AEBS are to either avoid or at least mitigate a collision with a vehicle ahead or a stationary vehicle. This can be achieved either by warning the driver or, if applicable, by an autonomous braking of the vehicle. Systems with enhanced functions also respond on pedestrians, bicyclists, and other road users. Such advantages of AEBS are increasing its adoption rate over the globe. For instance, according to the German Automobile Club (ADAC), advanced emergency braking systems have already offered for about 85% of all passenger car models that are available in Germany. In addition, the European general safety regulation has already made AEBS mandatory for commercial vehicles (with the exemption of category N1) as well as for buses and coaches.
High Cost of AEBS
The cost of installation of AEBS increases the overall price of the vehicle and becomes the prime factor in terms of overall cost of the vehicle. Due to the presence of such cost constraints, the more efficient (expensive) systems are first implemented in premium brand vehicles, where the impact of the cost of the system on the overall cost of the vehicle is minor than for standard brands vehicles. For instance, Subaru’s EyeSight starts at $1,195. Moreover, for standard brands, less expensive systems are implemented but it usually covers less scenarios. It induces a smaller benefit for the road safety even if they have higher autonomous emergency braking system market share. For instance, Toyota’s system costs as little as $500.
Autonomous Emergency Braking System Market Report Highlights
| Aspects | Details |
|---|---|
| By Product Type |
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| By TECHNOLOGY |
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| By VEHICLE TYPE |
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| By Region |
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| Key Market Players | ZF FRIEDRICHSHAFEN AG, ROBERT BOSCH GMBH, DELPHI AUTOMOTIVE LLP, CONTINENTAL AG, AUTOLOV INC, AISIN SEIKI CO., LTD, HYUNDAI MOBIS, HITACHI AUTOMOTIVES SYSTEMS, LTD, MANDO CORPORATION, MOBILEYE |
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. PORTER’S FIVE FORCES ANALYSIS
3.3.1. Low bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. High competitive rivalry
3.3.5. High bargaining power among buyers
3.4. MARKET SHARE ANALYSIS, 2015
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Rise in number of road accidents
3.5.1.2. High adoption rate of advanced emergency braking system
3.5.2. Restraints
3.5.2.1. High cost of AEBS.
3.5.3. Opportunities
3.5.3.1. Increasing demand for luxury vehicles
3.5.3.2. Increased passenger vehicle registrations
CHAPTER 4 AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY PRODUCT TYPE
4.1. OVERVIEW
4.2. LOW-SPEED AEBS
4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast
4.3. HIGH-SPEED AEBS
4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast
CHAPTER 5 AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY TECHNOLOGY
5.1. OVERVIEW
5.2. CRASH IMMINENT BRAKING
5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast
5.3. DYNAMIC BRAKE SUPPORT
5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast
CHAPTER 6 AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY VEHICLE TYPE
6.1. OVERVIEW
6.2. PASSENGER VEHICLE
6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast
6.3. COMMERCIAL VEHICLE
6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast
CHAPTER 7 AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY REGION
7.1. OVERVIEW
7.2. NORTH AMERICA
7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast
7.2.3.1. U.S.
7.2.3.1.1. Market size and forecast
7.2.3.2. Canada
7.2.3.2.1. Market size and forecast
7.2.3.3. Mexico
7.2.3.3.1. Market size and forecast
7.3. EUROPE
7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast
7.3.3.1. UK
7.3.3.1.1. Market size and forecast
7.3.3.2. Germany
7.3.3.2.1. Market size and forecast
7.3.3.3. France
7.3.3.3.1. Market size and forecast
7.3.3.4. Russia
7.3.3.4.1. Market size and forecast
7.3.3.5. Rest of Europe
7.3.3.5.1. Market size and forecast
7.4. ASIA-PACIFIC
7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast
7.4.3.1. China
7.4.3.1.1. Market size and forecast
7.4.3.2. Japan
7.4.3.2.1. Market size and forecast
7.4.3.3. India
7.4.3.3.1. Market size and forecast
7.4.3.4. Australia
7.4.3.4.1. Market size and forecast
7.4.3.5. Rest of Asia-Pacific
7.4.3.5.1. Market size and forecast
7.5. LAMEA
7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast
7.5.3.1. Latin America
7.5.3.1.1. Market size and forecast
7.5.3.2. Middle East
7.5.3.2.1. Market size and forecast
7.5.3.3. Africa
7.5.3.3.1. Market size and forecast
CHAPTER 8 COMPANY PROFILES
8.1. ROBERT BOSCH GMBH
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Product portfolio
8.1.4. Business performance
8.1.5. Key strategic moves and developments
8.2. CONTINENTAL AG
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.2.6. Key strategic moves and developments
8.3. DELPHI AUTOMOTIVE LLP
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Business performance
8.3.6. Key strategic moves and developments
8.4. ZF FRIEDRICHSHAFEN AG
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.5. MOBILEYE
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Business performance
8.5.6. Key strategic moves and developments
8.6. AUTOLOV INC.
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance
8.6.6. Key strategic moves and developments
8.7. HYUNDAI MOBIS
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Business performance
8.7.5. Key strategic moves and developments
8.8. AISIN SEIKI CO., LTD.
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Product portfolio
8.8.5. Business performance
8.8.6. Key strategic moves and developments
8.9. HITACHI AUTOMOTIVES SYSTEMS, LTD.
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.9.6. Key strategic moves and developments
8.10. MANDO CORPORATION
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. Key strategic moves and developments
LIST OF TABLES
TABLE 1. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY PRODUCT TYPE, 2017-2023 ($MILLION)
TABLE 2. AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET FOR LOW-SPEED AEBS, BY REGION, 2017-2023 ($MILLION)
TABLE 3. AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET FOR HIGH-SPEED AEBS SEGMENT, BY REGION, 2017-2023 ($MILLION)
TABLE 4. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY TECHNOLOGY, 2017-2023 ($MILLION)
TABLE 5. AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET FOR CRASH IMMINENT BRAKING SEGMENT, BY REGION, 2017-2023 ($MILLION)
TABLE 6. AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET FOR DYNAMIC BRAKE SUPPORT SEGMENT, BY REGION, 2017-2023 ($MILLION)
TABLE 7. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY VEHICLE TYPE, 2017-2023 ($MILLION)
TABLE 8. AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET FOR PASSENGER VEHICLE SEGMENT, BY REGION, 2017-2023 ($MILLION)
TABLE 9. AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET FOR COMMERCIAL VEHICLE SEGMENT, BY REGION, 2017-2023 ($MILLION)
TABLE 10. AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY REGION, 2017-2023 ($MILLION)
TABLE 11. NORTH AMERICA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY PRODUCT TYPE, 2017-2023 ($MILLION)
TABLE 12. NORTH AMERICA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY COUNTRY, 2017-2023 ($MILLION)
TABLE 13. EUROPE AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY PRODUCT TYPE, 2017-2023 ($MILLION)
TABLE 14. EUROPE AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY COUNTRY, 2017-2023 ($MILLION)
TABLE 15. ASIA-PACIFIC AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY PRODUCT TYPE, 2017-2023 ($MILLION)
TABLE 16. ASIA-PACIFIC AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY COUNTRY, 2017-2023 ($MILLION)
TABLE 17. LAMEA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY PRODUCT TYPE, 2017-2023 ($MILLION)
TABLE 18. LAMEA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY COUNTRY, 2017-2023 ($MILLION)
TABLE 19. ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 20. ROBERT BOSCH GMBH: PRODUCT PORTFOLIO
TABLE 21. CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 22. CONTINENTAL AG: OPERATING SEGMENTS
TABLE 23. CONTINENTAL AG: PRODUCT PORTFOLIO
TABLE 24. DELPHI AUTOMOTIVE LLP: COMPANY SNAPSHOT
TABLE 25. DELPHI AUTOMOTIVE LLP: OPERATING SEGMENTS
TABLE 26. DELPHI AUTOMOTIVE LLP: PRODUCT PORTFOLIO
TABLE 27. ZF FRIEDRICHSHAFEN AG: COMPANY SNAPSHOT
TABLE 28. ZF FRIEDRICHSHAFEN AG: OPERATING SEGMENTS
TABLE 29. ZF FRIEDRICHSHAFEN AG: PRODUCT PORTFOLIO
TABLE 30. MOBILEYE: COMPANY SNAPSHOT
TABLE 31. MOBILEYE: OPERATING SEGMENTS
TABLE 32. MOBILEYE: PRODUCT PORTFOLIO
TABLE 33. AUTOLOV INC.: COMPANY SNAPSHOT
TABLE 34. AUTOLOV INC.: OPERATING SEGMENTS
TABLE 35. AUTOLOV INC.: PRODUCT PORTFOLIO
TABLE 36. HYUNDAI MOBIS: COMPANY SNAPSHOT
TABLE 37. HYUNDAI MOBIS: OPERATING SEGMENT
TABLE 38. AISIN SEIKI CO., LTD.: COMPANY SNAPSHOT
TABLE 39. AISIN SEIKI CO., LTD.: OPERATING SEGMENTS
TABLE 40. AISIN SEIKI CO., LTD.: PRODUCT PORTFOLIO
TABLE 41. HITACHI AUTOMOTIVES SYSTEMS, LTD.: COMPANY SNAPSHOT
TABLE 42. HITACHI AUTOMOTIVES SYSTEMS, LTD.: OPERATING SEGMENTS
TABLE 43. HITACHI AUTOMOTIVES SYSTEMS, LTD.: PRODUCT PORTFOLIO
TABLE 44. MANDO CORPORATION: COMPANY SNAPSHOT
TABLE 45. MANDO CORPORATION: OPERATING SEGMENTS
TABLE 46. MANDO CORPORATION: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 1. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET OVERVIEW, 2017-2023
FIGURE 2. AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY REGION, 2016-2023
FIGURE 3. TOP IMPACTING FACTORS
FIGURE 4. KEY INVESTMENT POCKETS
FIGURE 5. TOP WINNING STRATEGIES
FIGURE 6. MARKET SHARE ANALYSIS, 2015 (%)
FIGURE 7. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY PRODUCT TYPE
FIGURE 8. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY LOW-SPEED AEBS, 2017-2023 ($MILLION)
FIGURE 9. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY HIGH-SPEED AEBS, 2017-2023 ($MILLION)
FIGURE 10. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY TECHNOLOGY
FIGURE 11. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY CRASH IMMINENT BRAKING, 2017-2023 ($MILLION)
FIGURE 12. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY DYNAMIC BRAKE SUPPORT, 2017-2023 ($MILLION)
FIGURE 13. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY VEHICLE TYPE
FIGURE 14. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY PASSENGER VEHICLE, 2017-2023 ($MILLION)
FIGURE 15. GLOBAL AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY COMMERCIAL VEHICLE, 2017-2023 ($MILLION)
FIGURE 16. AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, BY REGION, 2015(%)
FIGURE 17. NORTH AMERICA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET
FIGURE 18. U.S. AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 19. CANADA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 20. MEXICO AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 21. EUROPE AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET
FIGURE 22. UK AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 23. GERMANY AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 24. FRANCE AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 25. RUSSIA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 26. REST OF EUROPE AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 27. ASIA-PACIFIC AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET
FIGURE 28. CHINA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 29. JAPAN AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 30. INDIA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 31. AUSTRALIA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 32. REST OF ASIA-PACIFIC AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 33. LAMEA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET
FIGURE 34. LATIN AMERICA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 35. MIDDLE EAST AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 36. AFRICA AUTONOMOUS EMERGENCY BRAKING SYSTEM MARKET, 2017-2023 ($MILLION)
FIGURE 37. ROBERT BOSCH GMBH: REVENUE, 2014-2016 ($MILLION)
FIGURE 38. ROBERT BOSCH GMBH: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 39. ROBERT BOSCH GMBH: STRATEGY SHARE, 2014-2016 (%)
FIGURE 40. CONTINENTAL AG: REVENUE, 2013-2015 ($MILLION)
FIGURE 41. CONTINENTAL AG: REVENUE SHARE BY SEGMENT, 2015 (%)
FIGURE 42. CONTINENTAL AG: REVENUE SHARE BY GEOGRAPHY, 2015 (%)
FIGURE 43. CONTINENTAL AG: STRATEGY SHARE, 2014-2016 (%)
FIGURE 44. DELPHI AUTOMOTIVE LLP: NET SALES, 2014-2016 ($MILLION)
FIGURE 45. DELPHI AUTOMOTIVE LLP: REVENUE BY PRODUCT, 2016 (%)
FIGURE 46. DELPHI AUTOMOTIVE LLP: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 47. DELPHI AUTOMOTIVE LLP: STRATEGY SHARE, 2014-2016 (%)
FIGURE 48. ZF FRIEDRICHSHAFEN AG: REVENUE, 2014-2016 ($MILLION)
FIGURE 49. ZF FRIEDRICHSHAFEN AG: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 50. ZF FRIEDRICHSHAFEN AG: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 51. INFOSYS: REVENUE, 2014-2016 ($MILLION)
FIGURE 52. MOBILEYE: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 53. MOBILEYE: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 54. MOBILEYE: STRATEGY SHARE, 2014-2016 (%)
FIGURE 55. AUTOLOV INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 56. AUTOLOV INC.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 57. AUTOLOV INC.: STRATEGY SHARE, 2014-2016 (%)
FIGURE 58. HYUNDAI MOBIS: REVENUE, 2014-2016($MILLION)
FIGURE 59. HYUNDAI MOBIS: REVENUE BY GEOGRAPHY 2016(%)
FIGURE 60. HYUNDAI MOBIS: STRATEGY SHARE, 2014-2016 (%)
FIGURE 61. AISIN SEIKI CO., LTD.: REVENUE, 2014-2016 ($MILLION)
FIGURE 62. AISIN SEIKI CO., LTD.: REVENUE SHARE BY BUSINESS, 2016 (%)
FIGURE 63. AISIN SEIKI CO., LTD.: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 64. AISIN SEIKI CO., LTD.: STRATEGY SHARE, 2014-2016 (%)
FIGURE 65. HITACHI AUTOMOTIVES SYSTEMS, LTD.: REVENUE, 2014-2016 ($MILLION)
FIGURE 66. HITACHI AUTOMOTIVES SYSTEMS, LTD.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 67. HITACHI AUTOMOTIVES SYSTEMS, LTD.: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 68. HITACHI AUTOMOTIVES SYSTEMS, LTD.: STRATEGY SHARE, 2014-2016 (%)
FIGURE 69. MANDO CORPORATION: REVENUE, 2014-2016 ($MILLION)
FIGURE 70. MANDO CORPORATION: REVENUE SHARE BY BUSINESS, 2016 (%)
FIGURE 71. MANDO CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 72. MANDO CORPORATION: STRATEGY SHARE, 2014-2016 (%)
The global autonomous emergency braking system market is expected to witness high growth rate due rise in number of road accidents and high adoption rate of advanced braking system. However, the installation coast of the AEBS technology impedes the market growth.
Autonomous emergency braking system (AEBS) is a new safety technology increasingly being fitted to vehicles, which monitors the traffic conditions ahead and automatically brakes the car if the driver fails to respond to an emergency situation. AEB is seen by experts as an important development as the seatbelt, but rather than protecting the occupant in the event of a crash, it aims to prevent the crash happening in the first place. The application of AEBS is engaged in advanced driver assistance system (ADAS).
AEBS uses on-board sensors, cameras, and radars to detect vehicles, pedestrians, and other obstacles. AEBS is mandatory in the U.S. and Europe to reduce fatalities. Several regulations are made by the government to reduce the road accidents. Furthermore, autonomous emergency braking system industry is witnessing increased demand for passenger vehicle registration and rise in demand for luxury vehicles.
Robert Bosch GmbH, Continental AG, Delphi Automotive LLP, ZF Friedrichshafen AG, Mobileye, Autoliv Inc., Hyundai Mobis, AISIN SEIKI Co., Ltd., Hitachi Automotive Systems, Ltd., and Mando Corporation are key market players that occupy a significant revenue share in the autonomous emergency braking system market.
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