Antilock Braking System (ABS) - Comprehensive Analysis on Global Market Report by Company, by Dynamics, by Region, by Type, and by Application (2019-2026)

ABS is a safely used anti-skid braking system. By controlling the brake line pressure acting on the wheel brake cylinder, the car will not lock when the vehicle is in emergency braking so that the car can be braked in an emergency. It still maintains good directional stability.

Market trend Snapshot

Global Antilock Braking System (ABS) market was valued at 18,648 million USD in 2019 and projected to reach 23,886 million USD by 2026, growing at a CAGR of 3.6%. This report provides comprehensive and in-depth analysis and prediction of the Antilock Braking System (ABS) industry.

The market growth is mainly attributed to the increasing focus on safety and the potential reduction in road-accident related deaths. Stringent government regulations that are reducing stopping distance and regulations encouraging vehicles to use braking technologies are some of the other crucial factors that propelling market growth. However, fluctuations in the prices of raw materials and the high cost of maintenance may restrain market growth.

From Base year 2018 to forecast year 2026

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Key Market Players Profile

Key market players covered in the report such as Bosch, Continental, TRW, ADVICS, Hyundai Mobis, Mando, Wabco, Knorr-Bremse, Hitachi, Nissin Kogyo, Junen, Wanxiang, APG, Kormee, Dongfeng Electronic, and Guangzhou Sivco. These players’ market share, revenue, company profile, and SWOT analysis are covered in the Antilock Braking System (ABS) report. In the future, production and consumption are estimated to continue developing with a stable growth rate. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.

Asia Pacific holds the largest Antilock Braking System (ABS) market share

The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.

The Asia Pacific was the leading market at a share of 36.85% and expected to maintain dominance during the forecast period due to increasing diffusion rate for anti-lock braking system technology. Furthermore, the availability of low-cost labor and raw materials are some of the other driving factors in this region. In the Asia Pacific, China is projected to dominate the growth of the anti-lock braking system market due to the increased road accidents and the rules & regulation imposed by the government for installation of the anti-lock braking system. North America is the second largest market with a share of 31.62% and anticipated to grow at a significant rate during the forecast period, this trend is attributed to the increasing demand for improved performance in adverse weather conditions.

Antilock Braking System (ABS) Type and Application Sketch

By type

• One-channel ABS
• Two-channel ABS
• Three-channel ABS
• Four-channel ABS

By application

• Passenger Vehicles
• Commercial Vehicles

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Antilock Braking System (ABS) Report provides

• Potential opportunities and challenges in Antilock Braking System (ABS) market
• Current and future market outlook in the developed and emerging markets
• Detailed analysis of the segment that is expected to dominate the market
• Regions that are expected to witness the fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• Comprehensive & in-depth research and after-sales warranty by GlobalMarketMonitor

Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Antilock Braking System (ABS) Market

…

2 Market Trends and Competitive Landscape

3 Segmentation of Antilock Braking System (ABS) Market by Types

4 Segmentation of Antilock Braking System (ABS) Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Antilock Braking System (ABS) Market in Major Countries

7 North America Antilock Braking System (ABS) Landscape Analysis

8 Europe Antilock Braking System (ABS) Landscape Analysis

9 Asia Pacific Antilock Braking System (ABS) Landscape Analysis

10 Latin America, Middle East & Africa Antilock Braking System (ABS) Landscape Analysis  

11 Major Players Profile

11.1 Bosch

11.1.1 Bosch Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Continental

11.3 TRW

11.4 ADVICS

11.5 Hyundai Mobis

11.6 Mando

11.7 Wabco

11.8 Knorr-Bremse

11.9 Hitachi

11.10 Nissin Kogyo

11.11 Junen

11.12 Wanxiang

11.13 APG

11.14 Kormee

11.15 Dongfeng Electronic

11.16 Guangzhou Sivco

…

Target Audience:

• Antilock Braking System (ABS) manufacturers
• Raw material suppliers of Antilock Braking System (ABS)
• Distributors and resellers of Antilock Braking System (ABS)
• Antilock Braking System (ABS) industry associations
• Product managers, Antilock Braking System (ABS) industry administrator, C-level executives of the industries
• Market Research and consulting firms

Get FREE Sample of Antilock Braking System (ABS) Market Report at:

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