The global autonomous emergency brakes market is projected to be worth USD 76.06 Billion by 2027, according to a current analysis by Emergen Research. The autonomous emergency brakes market is observing a high growth rate attributed to growing road safety concerns and growing adoption of autonomous emergency braking systems. Road traffic accidents and deaths have a significant impact on individuals, societies, and nations. They encompass considerable costs to healthcare systems consuming resources and causing huge productivity loss with substantial economic and social aftermaths. It has been found that around 1.25 million individuals around the world die annually due to road collisions and accidents. Autonomous emergency brakes have the capability to recognize a potential crash and trigger the braking system to retard the vehicle for collision avoidance, or as a minimum, reduce the impact.
The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Autonomous Emergency Brakes market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Autonomous Emergency Brakes market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Denso Corporation, Delphi Automotive PLC, Aisin Seiki Co. Ltd., Robert Bosch GmbH, Texas Instruments Inc., Continental AG, Valeo SA, ZF Friedrichshafen AG, Wabco Holdings Inc., Hyundai Mobis Co. Ltd.
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Emergen Research has segmented the global Autonomous Emergency Brakes market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
-
Technology Outlook (Revenue, USD Billion; 2017-2027)
- Camera
- Fusion
- LiDAR
- Radar
-
Component Outlook (Revenue, USD Billion; 2017-2027)
- Actuators
- Audible Buzzers
- Controllers
- Sensors
- Visual Indicators
-
Automation Level Outlook (Revenue, USD Billion; 2017-2027)
- Autonomous Vehicle
- Semi-Autonomous Vehicle
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Autonomous Emergency Brakes Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Autonomous Emergency Brakes Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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