Report Code: A03942 | Pages: NA | Jul 2023 | 9128 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Brake Override System Market
Request Now !Brake override system (also known as smart pedal system) is an active vehicle safety feature that works as a failsafe measure to help prevent accidents when your vehicle receives mixed signals or when an electrical malfunction causes the vehicle to continue accelerating though the drivers foot is on the brake.
Growth in concern & government regulations pertaining to vehicle safety is expected to boost the market. Further, increase in demand for premium vehicles is also anticipated to fuel the market during the forecast period. However, lack of awareness of brake override systems is expected to hinder the growth of the market. Moreover, rise in demand of autonomous vehicles and luxury vehicles is expected to fuel the market in the upcoming years.
The brake override system market is segmented on the basis of sensor technology, vehicle type, and geography. By sensor technology, the market is divided into radar, LiDAR, camera, infrared, and ultrasonic. By vehicle type, the market is classified into passenger cars and commercial vehicles. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Honda Motor Co., Inc., Toyota Motor Corporation, Nissan Motors, Renault, Suzuki Motor Corporation, Mitsubishi Motors Corporation, BMW AG, Robert Bosch GmbH, Hyundai Motor, and AB Volvo are some of the major key players operating in the global brake override system market.
Key Benefits :
Key Players
Brake Override System Market Report Highlights
Aspects | Details |
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By Sensor Technology |
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By Vehicle Type |
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By Region |
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Key Market Players | Toyota Motor Corporation, Suzuki Motor Corporation, Honda Motor Co., Inc., Nissan Motors, BMW AG, AB Volvo, Mitsubishi Motors Corporation, Robert Bosch GmbH, Renault, Hyundai Motor |
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