Automotive Electronic Braking System (Ebs) Market
Automotive Electronic Braking System (Ebs) Market Global Industry Assessment & Forecast
Segments Covered
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 21.72 Billion |
Revenue 2028: | 34.13 Billion |
Revenue CAGR (2021 - 2028): | 5.81% |
Fastest Growing Region (2022 - 2028) | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The report delivers an acute breakdown of the market based on various segments such as , , , and region. The report includes market size and forecast for each segment by region/country for the years 2016–2028. Moreover, it also covers a thorough analysis of growth factors and opportunities impacting segmental growth.
On the basis of , the market is divided into . Electronic Stability Control dominated the global Automotive Electronic Braking System (Ebs) market in 2020 and is projected to witness the same trend during the forecast period.
Based on , the market is segmented into . OEM accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
FAQ
Frequently Asked Question
What is the global demand for Automotive Electronic Braking System (Ebs) in terms of revenue?
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The global Automotive Electronic Braking System (Ebs) valued at 21.72 Billion in 2020 and is expected to reach 34.13 Billion in 2028 growing at a CAGR of 5.81%%.
Which are the prominent players in the market?
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The prominent players in the market are Navteq, CTS Corporation, Delphi Automotive LLP, Visteon Corporation, Ficosa International S.A., Freescale Semiconductor, Valeo SA, Denso, Bendix CVS, Gentex..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 5.81%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Automotive Electronic Braking System (Ebs) include
- The rising vehicle sale and manufacturing across the globe is anticipated to augment the growth of the automotive electronic braking system (EBS) market during the forecast period. This is owing to the rapid urbanization, increasing industrialization, increasing disposable income of the consumers, and advancement in technologies. Furthermore, the increasing adoption of personal vehicles has also increased the global sales of automobiles and hence its production by the manufacturers as well which in turn is expected to support the growth of the automotive electronic braking system (EBS) market in the forecast period.
- The increasing awareness associated with the drivers and passenger’s safety is anticipated to augment the growth of the automotive electronic braking system (EBS) market over the forecast period. This is attributable to the increasing number of accidents across the globe. Most of the manufacturers are now focussing on employing advanced electronic brake systems in their automobiles to provide improved safety to both the passengers and vehicles.
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Automotive Electronic Braking System (Ebs) in 2020.