Allied Market Research

Traction Control System Market Expected to Reach $44.14 Billion by 2025


Report Code : A04881

quote Increase in demand for more comfort & safety features by the consumers and rise in stringency towards mandatory use of advance braking and safety features by the government is boosting the traction control system market growth. According to The Global Burden of Disease, published by The Harvard School of Public Health on behalf of the World Health Organization and the World Bank, road accidents are estimated to become the third leading cause of death by 2020. This has created an upsurge in the demand for safety features to be incorporated in automobiles, for the protection of lives quote

Lalit Katare
Lead Analyst, Automotive and Transportation at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       

According to a new report published by Allied Market Research, titled,"Traction Control System Market by Type, Component, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the traction control system market accounted for $27.59 billion in 2017, and it is expected to reach $44.14 billion by 2025, growing at a CAGR of 6.7% from 2018 to 2025. Europe and North America dominated the global market, in terms of revenue, accounting for about 58.3% share, in 2018.

Traction control system is a method used in vehicles to stop the drive wheels from spinning. The drive wheels are the wheels that are powered by the motor. Traction control serves two main purposeshelp the driver to not lose control and reduce unnecessary tire wear. The system is designed to control the wheel slip rate by adjusting the motor torque directly and through reasonable correction to the target wheel speed.
Robert Bosch GmbH (Germany), Continental AG (Germany), Autoliv, Inc. (Sweden), and Nissin Kogyo Co. Ltd. (Japan), are the major product & service providers across the globe. In addition, increase in government initiative to maintain secure & safe environment and to reduce road fatalities is expected to boost the growth of Traction Control System market.

Based on component, the traction control system market is categorized into Hydraulic Modulators, ECU, and sensors. The market is expected to reach $44.14 billion by 2025, growing at a CAGR of 6.7% during the forecast period due to higher adoption of safety features and application. Based on vehicle type, it is divided into ICE vehicles [passenger cars & commercial vehicles] and electric vehicles battery [electric vehicles (BEV), & plug-in hybrid electric vehicle (PHEV)]. During the forecast period, BEVs are estimated to exhibit rapid growth and HEV are estimated to have the largest traction control system market share.

Growth in the demand for safety features such as ABS, traction control system and ESC, owing to the rise in number of road accidents around the world, drives the growth of the global traction control system market in almost all the geographies. Certain organizations and constitutional governments of countries issue safety protocols to the vehicles for the safety of the people, due to increase in rate of road accidents. The European Parliament has enforced a law which states that from January 2016, it is compulsory for bikes above 125cc to have ABS. The recent draft notification from the Indian Ministry of Road Transport and Highways mandates that two-wheelers with an engine capacity exceeding 125cc, manufactured from April 1, 2017, need to be fitted with anti-lock braking systems. Therefore, increase in global safety protocols is projected to drive the traction control system in the future.

In traction control system market forecast Asia-Pacific is expected to dominate, owing to increase in favorable government initiatives along with high-end technology adoption by automobile manufacturers. However, North America and Europe is anticipated to drive the demand for traction control system industry, due to high adoption of safety features and imposement of regulatory mandates for advance braking and safety features to reduce road fatalities.

Asia Pacific accounted for a significant share in 2017, accounting for more than 40.8% share, and is expected to maintain its dominance throughout the forecast period, owing to existence of well-developed infrastructure and presence of various end-user industries in the region.

The emerging regions of Asia-Pacific, such as India and China, are expected to witness maximum growth in the traction control system market. This is attributed to factors such as higher acceptance of safety features by the consumers, regulatory mandates, and higher number of vehicle sales.

Key Findings of the Traction Control System Market:

  • The electrical linkage segment generated the highest revenue in 2015 and is projected to grow at a CAGR of 17.4% during the forecast period.
  • The traction control system market analysis based on sensor type segment is expected to witness fastest growth at a significant CAGR of 8.7% during the forecast period.
  • China is the major shareholder in the Asia-Pacific market, accounting for more than 57.0% of traction control system market size in 2017.
  • ICE vehicles are projected to have the largest share by 2025.

The major players profiled in the traction control system market industry include Robert Bosch GmbH (Germany), Continental AG (Germany), Autoliv, Inc. (Sweden), Nissin Kogyo Co. Ltd. (Japan), WABCO (Belgium), ZF TRW (U.S.), Hyundai Mobis (South Korea), Denso Corporation (Japan), Hitachi Automotive Systems, Ltd. (U.S.), and ADVICS Co., Ltd (Japan). These players focus on expanding their business operations in the emerging countries by adopting various strategies, such as acquisitions, contracts/agreements, and new product development.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975



For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at


First time buyer?
Check offers and discount on this report
To get this report

Click Here

quote Traction Control System Market by Type (Mechanical Linkage and Electrical Linkage), Component (Hydraulic Modulator, ESU, and Sensors), and Vehicle Type (ICE and Electric Vehicles): Global Opportunity Analysis and Industry Forecast, 2018 - 2025 quote

View Report
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 3,081 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.


Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers


Featured Readings


Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

Get Industry Data Alerts

Buy Full Version
"Traction Control System Market"
Purchase Enquiry