Autonomous Emergency Braking System Market by Component, Technology, Operating Speed, Autonomous Driving

Description

List of Tables

The Autonomous Emergency Braking System Market was valued at USD 27.55 billion in 2023, expected to reach USD 34.25 billion in 2024, and is projected to grow at a CAGR of 24.41%, to USD 127.10 billion by 2030.

The Autonomous Emergency Braking (AEB) System is designed to prevent collisions by automatically applying the brakes when a potential forward collision is detected. Its necessity is underscored by the increasing focus on automotive safety and stringent regulatory norms mandating the inclusion of advanced safety features in vehicles. AEB systems find applications across passenger cars, commercial vehicles, and even in high-end luxury vehicles. The end-use scope includes original equipment manufacturers (OEMs) and aftermarket sectors. The market's growth is influenced by factors like rising consumer awareness about vehicle safety, technological advancements in sensors and AI, and government initiatives for reducing road fatalities. The growing integration of AEB with other advanced driver-assistance systems (ADAS) offers significant opportunities in the market. Companies can capitalize on this by innovating in the area of sensor fusion and machine learning algorithms to enhance system accuracy and reduce false positives.

KEY MARKET STATISTICS
Base Year [2023]	USD 27.55 billion
Estimated Year [2024]	USD 34.25 billion
Forecast Year [2030]	USD 127.10 billion
CAGR (%)	24.41%

Despite the promising landscape, challenges such as high initial costs and technical limitations in diverse environmental conditions, like fog or rain, could impede market growth. Also, the lack of consumer awareness in developing regions poses a challenge. Innovating in cost-effective solutions and targeting emerging markets where vehicle penetration is increasing can mitigate these limitations. The sector is ripe for research in areas such as enhancing algorithmic efficiency, improving sensor technologies, and integrating AEB systems with rapidly advancing vehicle-to-everything (V2X) communications. Given the evolving terrain of automotive safety standards and consumer demand, the market for AEB systems will likely remain dynamic, with ample opportunities for sustained growth. Businesses should focus on cross-collaboration with tech firms and invest in R&D to stay ahead in innovation and expand their market reach. This proactive approach will cater to evolving trends and regulatory landscapes effectively.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Autonomous Emergency Braking System Market

The Autonomous Emergency Braking System Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Increase in road accidents worldwide
- Growing adoption of advanced emergency braking system (AEBS)
- Strict government regulation to enhance vehicle safety
Market Restraints
- High cost of AEBS technology
Market Opportunities
- Growing production of autonomous vehicles
- Increasing research and development to introduce superior technology
Market Challenges
- Scarcity of required infrastructure and technical complications

Porter's Five Forces: A Strategic Tool for Navigating the Autonomous Emergency Braking System Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Autonomous Emergency Braking System Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Autonomous Emergency Braking System Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Autonomous Emergency Braking System Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Autonomous Emergency Braking System Market

A detailed market share analysis in the Autonomous Emergency Braking System Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Autonomous Emergency Braking System Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Autonomous Emergency Braking System Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Autonomous Emergency Braking System Market

A strategic analysis of the Autonomous Emergency Braking System Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Autonomous Emergency Braking System Market, highlighting leading vendors and their innovative profiles. These include AISIN CORPORATION, Autoliv Inc., Continental AG, Denso Corporation, Ford Motor Company, Hitachi, Ltd., HL Mando Corporation, Kia Corporation, KOMACHINE CO., LTD., Mercedes-Benz Group AG, Nissan Motor Co., Ltd., Oxford Technical Solutions Ltd, Robert Bosch GmbH, Robson Forensic, Inc., and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Autonomous Emergency Braking System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Component, market is studied across Actuator, Audible Buzzer, Controller, Sensor, and Visual Indicator.
Based on Technology, market is studied across Camera-Based, Fusion-Based AEB System, Light Detection & Ranging (LiDAR), and Radio Detection & Ranging (RaDAR).
Based on Operating Speed, market is studied across High Speed Inter-Urban, Low Speed-City AEB System, and Pedestrian or Vulnerable Road Users AEB System.
Based on Autonomous Driving, market is studied across Autonomous Passenger Car AEB System and Semi-Autonomous Passenger Car AEB System.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-030C42D3ED59

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increase in road accidents worldwide
  - 5.1.1.2. Growing adoption of advanced emergency braking system (AEBS)
  - 5.1.1.3. Strict government regulation to enhance vehicle safety
- 5.1.2. Restraints
  - 5.1.2.1. High cost of AEBS technology
- 5.1.3. Opportunities
  - 5.1.3.1. Growing production of autonomous vehicles
  - 5.1.3.2. Increasing research and development to introduce superior technology
- 5.1.4. Challenges
  - 5.1.4.1. Scarcity of required infrastructure and technical complications
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Autonomous Emergency Braking System Market, by Component

6.1. Introduction
6.2. Actuator
6.3. Audible Buzzer
6.4. Controller
6.5. Sensor
6.6. Visual Indicator

7. Autonomous Emergency Braking System Market, by Technology

7.1. Introduction
7.2. Camera-Based
7.3. Fusion-Based AEB System
7.4. Light Detection & Ranging (LiDAR)
7.5. Radio Detection & Ranging (RaDAR)

8. Autonomous Emergency Braking System Market, by Operating Speed

8.1. Introduction
8.2. High Speed Inter-Urban
8.3. Low Speed-City AEB System
8.4. Pedestrian or Vulnerable Road Users AEB System

9. Autonomous Emergency Braking System Market, by Autonomous Driving

9.1. Introduction
9.2. Autonomous Passenger Car AEB System
9.3. Semi-Autonomous Passenger Car AEB System

10. Americas Autonomous Emergency Braking System Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Autonomous Emergency Braking System Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Autonomous Emergency Braking System Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
13.4. Strategy Analysis & Recommendation

Companies Mentioned

1. AISIN CORPORATION
2. Autoliv Inc.
3. Continental AG
4. Denso Corporation
5. Ford Motor Company
6. Hitachi, Ltd.
7. HL Mando Corporation
8. Kia Corporation
9. KOMACHINE CO., LTD.
10. Mercedes-Benz Group AG
11. Nissan Motor Co., Ltd.
12. Oxford Technical Solutions Ltd
13. Robert Bosch GmbH
14. Robson Forensic, Inc.
15. ZF Friedrichshafen AG