Automatic Emergency Braking (AEB) Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Automatic Emergency Braking (AEB) Market, valued at USD 63.6 billion in 2023, is projected to grow at over 5% CAGR from 2024 to 2032.

The market is witnessing a pronounced shift towards the integration of AEB with advanced driver assistance technologies, culminating in more holistic safety packages. Of late, innovations seamlessly blend AEB with features like adaptive cruise control, lane-keeping assist, and collision avoidance. This trend underscores the industry's pivot towards intricate, multi-layered safety solutions, bolstering both vehicle safety and driver assistance. In response to regulatory mandates and heightened consumer safety expectations, automakers are increasingly standardizing these technologies. Such integration not only amplifies AEB's efficacy but also catalyzes the evolution of semi-autonomous driving, setting the stage for future strides in autonomous vehicle technology.

In April 2023, Bosch unveiled a cutting-edge AEB system, harnessing AI and machine learning to boost detection precision and reaction speed.

The overall industry is categorized based on type, brake, technology, vehicle type, and region.

The market categorizes AEB systems into low-speed, high-speed, pedestrian-focused, and others. The low-speed AEB segment is projected to surpass USD 45 billion by 2032. With urbanization and traffic congestion on the rise, low-speed collisions, like fender-benders and parking lot mishaps, have become more frequent. Tailored to mitigate such incidents, low-speed AEB systems are gaining prominence in bustling urban locales.

Divided by vehicle type, the AEB market encompasses passenger cars, commercial vehicles, and electric vehicles. Notably, the commercial vehicle segment is emerging as the fastest growing, boasting 5% CAGR from 2024 to 2032. Heightened regulatory scrutiny is propelling AEB adoption in commercial vehicles. In a bid to curtail accidents and bolster road safety, global governments are rolling out stringent safety regulations, mandating advanced features like AEB for heavy-duty and commercial vehicles.

North America led the AEB market, commanding over 35% share in 2023. The region's robust appetite for advanced safety technologies is evident. As North American consumers increasingly prioritize these features, AEB has emerged as a coveted attribute. This escalating demand is nudging manufacturers to embed AEB in their offerings, catering to the safety-centric buyer.

Product Code: 1171

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Technological advancements enhancing AEB performance
  - 3.8.1.2 Regulatory mandates accelerating AEB adoption
  - 3.8.1.3 Consumer demand for advanced safety features
  - 3.8.1.4 Insurance incentives boosting AEB popularity
  - 3.8.1.5 Rising vehicle production fueling AEB growth
- 3.8.2 Industry pitfalls and challenges
  - 3.8.2.1 High costs of AEB system integration
  - 3.8.2.2 Limited consumer awareness and misconceptions
3.9 Growth potential analysis
3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Type, 2021 - 2032 (USD billion)

5.1 Key trends
5.2 Low speed AEB system
5.3 High speed AEB system
5.4 Pedestrians AEB system
5.5 Others

Chapter 6 Market Estimates and Forecast, By Technology, 2021 - 2032 (USD billion)

6.1 Key trends
6.2 Radar-based AEB systems
6.3 Camera-based AEB systems
6.4 LiDAR-based AEB systems
6.5 Ultrasonic-based AEB systems
6.6 Infrared-based AEB systems
6.7 Others

Chapter 7 Market Estimates and Forecast, By Brake, 2021 - 2032 (USD billion)

7.1 Key trends
7.2 Disc
7.3 Drum

Chapter 8 Market Estimates and Forecast, By Vehicle Type, 2021 - 2032 (USD billion)

8.1 Key trends
8.2 Passenger cars
8.3 Commercial vehicles

Chapter 9 Market Estimates and Forecast, By Region, 2021 - 2032 (USD billion)

9.1 Key trends
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Rest of Asia Pacific
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Rest of Latin America
9.6 MEA
- 9.6.1 UAE
- 9.6.2 South Africa
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA

Chapter 10 Company Profiles

10.1 Aisin Seiki Co., Ltd.
10.2 Aptiv PLC
10.3 Autoliv Inc.
10.4 BorgWarner Inc.
10.5 Continental AG
10.6 Delphi Automotive LLP (now Aptiv PLC)
10.7 Denso Corporation
10.8 Hella KGaA Hueck and Co.
10.9 Hitachi Automotive Systems, Ltd.
10.10 Hyundai Mobis
10.11 Infineon Technologies AG
10.12 Magna International Inc.
10.13 Mando Corporation
10.14 Mobileye (an Intel Company)
10.15 Nidec Corporation
10.16 Nvidia Corporation
10.17 Panasonic Corporation
10.18 Robert Bosch GmbH
10.19 Tesla, Inc.
10.20 TRW Automotive (now part of ZF)
10.21 Valeo
10.22 Veoneer Inc.
10.23 Visteon Corporation
10.24 Wabco Holdings Inc.
10.25 ZF Friedrichshafen AG