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    Automotive Electronic Braking System Market Report

    Automotive Electronic Braking System Market Report
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    Automotive Electronic Braking System (EBS) Market Size, Share, Trend, Forecast, & Comp See more...

    Impact of COVID-19 on Automotive Electronic Braking System Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Automotive Electronic Braking System Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The global automotive electronic braking system market is expected to witness a healthy CAGR (compound annual growth rate) of >5% over the next five years, driven by increasing production of automobiles, stringent government norms regarding occupant safety, growing demand for advanced safety systems in vehicles, growing environmental concerns to reduce CO2 emissions, and advancement in technology. There is a very high penetration of EBS in the developed economies, such as North America, Europe, and Japan whereas the penetration of EBS in the developing economies, such as China and India is relatively low but is increasing at an impressive rate.

    Segments' Analysis

    Automotive-Electronic-Braking-System-(EBS)-Market-Dominant-Segments

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    Automotive Electronic Braking System (EBS) Market Share by Vehicle Type

    The global automotive electronic braking system market is segmented based on vehicle type as passenger car, light commercial vehicle, and medium & heavy duty commercial vehicle. The passenger car is expected to remain the largest vehicle type in the global automotive electronic braking system market over the next five years. This vehicle type is also projected to witness the highest growth in the same period, owing to high demand for safety systems and increasing production of passenger cars, mainly in the Asia-Pacific region.

    Automotive Electronic Braking System (EBS) Market Share by Product Type

    The global automotive electronic braking system market is segmented based on product type as disc brake and drum brake. The disc brake is expected to remain the most dominant type in the global automotive EBS market over the next five years, driven by its advantages over drum brakes, such as reliability, heat dissipation, shorter stopping distance, lower maintenance cost, longer life cycle, and lighter weight. These drivers would continue providing an excellent growth momentum to the disc brakes in the coming five years as well.

    Automotive Electronic Braking System (EBS) Market Share by Technology Type

    The global automotive electronic braking system market is segmented based on technology type as electronic stability control (ESC), adaptive cruise control, anti-lock braking system (ABS), differential slip control, and traction control. ESC is projected to remain the most dominant EBS technology during the forecast period, driven by very high penetration in the developed economies, such as the USA, Europe, and Japan. In contrast to the developed economies, there is a relatively high penetration of anti-lock braking system in the developing economies, such as China and India; however, there has been a steep shift towards the use of ESC system.

    Automotive Electronic Braking System (EBS) Market Share by End-User Type

    OEM market is likely to remain the largest end-user type during the forecast period and is expected to experience a higher growth rate than the aftermarket during the same period, driven by an increasing production of light vehicles and commercial vehicles across regions.

    Regional Insights

    Asia-Pacific is estimated to remain the largest market for electronic braking system over the next five years. Increasing penetration of EBS in China and India and increasing production of automobiles are bolstering the growth in the Asia-Pacific region. This region is also likely to witness the highest growth over the next five years. North America is expected to be the second-fastest growing automotive EBS market in the same period, driven by increasing production of automobiles and continuous shift from ABS to ESC system.

    Automotive-Electronic-Braking-System-(EBS)-Market-By-Region

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    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2014-2025

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Forecast

    >5% CAGR during 2020-2025

    Countries/Subregions Covered

    The USA, Canada, Mexico, Germany, France, Russia, The UK, China, Japan, India, South Korea, Brazil, Argentina and Others

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Automotive Electronic Braking System Market Size, Share & Forecast by Vehicle Type:

    • Passenger Car (Regional Analysis: NA, Europe, APAC, and RoW)
    • Light Commercial Vehicle (Regional Analysis: NA, Europe, APAC, and RoW)
    • Medium & Heavy Duty Commercial Vehicle (Regional Analysis: NA, Europe, APAC, and RoW)

    Automotive Electronic Braking System Market Size, Share & Forecast by Product Type:

    • Disc Brake (Regional Analysis: NA, Europe, APAC, and RoW)
    • Drum Brake (Regional Analysis: NA, Europe, APAC, and RoW)

    Automotive Electronic Braking System Market Size, Share & Forecast by Technology Type:

    • Electronic Stability Control (Regional Analysis: NA, Europe, APAC, and RoW)
    • Adaptive Cruise Control (Regional Analysis: NA, Europe, APAC, and RoW)
    • Anti-Lock Braking (Regional Analysis: NA, Europe, APAC, and RoW)
    • Differential Slip Control (Regional Analysis: NA, Europe, APAC, and RoW)
    • Traction Control (Regional Analysis: NA, Europe, APAC, and RoW)

    Automotive Electronic Braking System Market Size, Share & Forecast by End-User Type:

    • OEM (Regional Analysis: NA, Europe, APAC, and RoW)
    • Aftermarket (Regional Analysis: NA, Europe, APAC, and RoW)

    Automotive Electronic Braking System Market Size, Share & Forecast by Region:

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of the Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the world (Country Analysis: Brazil, Argentina, and Others)