San Francisco, 17 June 2020 — “Automatic Emergency Braking (AEB) Market
Analysis By Regions (North America, Europe, Asia-Pacific, Latin America and
Africa), Product, By Application And Segment Forecasts To 2027”
Global Automatic Emergency Braking (AEB) Market is estimated to grow
significantly in the years to come owing to the increasing need for security
from consumers and rising government initiatives worldwide. Automatic emergency
braking (AEB) is an autonomous vehicle safety, which uses sensors to monitor
the proximity of passing vehicles. It detects the probable accidental
situations and raises an alarm prior to the collision.
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Emphasis of OEMs is to safeguard
the passengers and driver inside vehicle due to which the technologies were
progressed in combination to AEB system. For example, the anti-locking braking
system and seat belts were introduced to protect the people inside vehicle. Hence, OEMs manufacture
vehicle design to install the tools required for AEB system. Despite less
adoption of vehicles in the past years, most manufacturers have started
installing AEB systems as a standard feature in few models.
Initially, AEB systems were
installed only for the luxury automobiles. Due to the high initial costs
associated with research & development for these systems, ORMs are
emphasizing to install these tools only in high-end automobiles to balance the
development cost. Additionally, the hardware infrastructure can be enhanced in
future to offer more safety, which will fuel the automatic emergency braking
market.
However, automatic emergency
braking (AEB) industry is restrained by lack of penetration in emerging
economies despite of high spending power among consumers. Unreliable
performance and high costs associated with these technologies in few countries
are hampering the growth of the market.
This report studies the global Automatic Emergency Braking (AEB)
market status and forecast, categorizes the global Automatic Emergency Braking (AEB) market size (value & volume)
by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States,
Europe, China, Japan, South Korea and Taiwan and other regions.
This research report offers a
comprehensive analysis of key elements of the Automatic Emergency Braking (AEB) Market such as potential top key
Manufacturers along with their strengths and weaknesses. The Automatic Emergency Braking (AEB)
Market report also comprises some useful strategies and scenario for the new
players in the market. While forecasting the growth of the global Automatic Emergency Braking (AEB)
market, various statistical tools were utilized to get an accurate result of
the Demographic data.
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