PUBLISHER: KBV Research | PRODUCT CODE: 1245337
PUBLISHER: KBV Research | PRODUCT CODE: 1245337
North America Electronic Stability Control Market Size, Share & Industry Trends Analysis Report By Component, By Vehicle Propulsion, By Vehicle Type, By Country and Growth Forecast, 2022 - 2028
The North America Electronic Stability Control Market would witness market growth of 7.7% CAGR during the forecast period (2022-2028).
All ESC makers stress that the system is a safety device to help the driver recover from hazardous circumstances rather than a performance increase or a substitute for safe driving techniques. Because ESC doesn't improve traction, it doesn't allow for quicker turning (although it can facilitate better-controlled cornering). In general, ESC operates within the parameters of the car's handling and the amount of traction that may be achieved between the tires and the road. These boundaries can still be exceeded recklessly, leading to loss of control.
For instance, when hydroplaning occurs, the ESC's efficiency is diminished because the wheels it would employ to stop a skid may lose touch with the ground. Several automobiles feature an override option that enables the system to be partially or wholly disengaged since stability control might conflict with high-performance driving. More straightforward installations sometimes have a single button that may turn off all functionalities, but more complex ones may have a multi-position switch or may never be completely turned off.
Mexico produces over three million automobiles annually, ranking seventh among all passenger vehicle producers globally. 90% of the automobiles made in Mexico are exported. Mexico has 14 manufacturers and assemblers of buses, trucks, tractor trucks, and engines, making it the sixth-largest producer of heavy-duty freight vehicles. Canada's automotive sector is concentrated in the Great Lakes automotive manufacturing cluster, at the center of North America's largest vehicle-producing area. One of the top 12 producers of light automobiles globally is Canada. Five major OEMs construct more than 1.4 million automobiles each year in their Canadian facilities. The regional market would expand as a result of this factor.
The US market dominated the North America Electronic Stability Control Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,813.1 Million by 2028. The Canada market is poised to grow at a CAGR of 9.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.5% during (2022 - 2028).
Based on Component, the market is segmented into Hydraulic Unit, Sensors and Electronic Control Unit. Based on Vehicle Propulsion, the market is segmented into ICE and Electric & Hybrid. Based on Vehicle Type, the market is segmented into Passenger cars, Light Commercial Vehicles and Heavy Commercial Vehicles. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Continental AG, Johnson Electric Holdings Limited, Aisin Corporation (Toyota Motor Corporation), Valeo SA, Murata Manufacturing Co., Ltd., Hitachi, Ltd., Knorr-Bremse AG, ZF Friedrichshafen AG (TRW), and Mando Corporation (Halla Group).
Scope of the Study
Market Segments covered in the Report:
By Component
- Hydraulic Unit
- Sensors
- Electronic Control Unit
By Vehicle Propulsion
- ICE
- Electric & Hybrid
By Vehicle Type
- Passenger cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Robert Bosch GmbH
- Continental AG
- Johnson Electric Holdings Limited
- Aisin Corporation (Toyota Motor Corporation)
- Valeo SA
- Murata Manufacturing Co., Ltd.
- Hitachi, Ltd.
- Knorr-Bremse AG
- ZF Friedrichshafen AG (TRW)
- Mando Corporation (Halla Group)
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Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Electronic Stability Control Market, by Component
- 1.4.2 North America Electronic Stability Control Market, by Vehicle Propulsion
- 1.4.3 North America Electronic Stability Control Market, by Vehicle Type
- 1.4.4 North America Electronic Stability Control Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market composition & scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Electronic Stability Control Market
Chapter 4. North America Electronic Stability Control Market by Component
- 4.1 North America Hydraulic Unit Market by Country
- 4.2 North America Sensors Market by Country
- 4.3 North America Electronic Control Unit Market by Country
Chapter 5. North America Electronic Stability Control Market by Vehicle Propulsion
- 5.1 North America ICE Market by Country
- 5.2 North America Electric & Hybrid Market by Country
Chapter 6. North America Electronic Stability Control Market by Vehicle Type
- 6.1 North America Passenger cars Market by Country
- 6.2 North America Light Commercial Vehicles Market by Country
- 6.3 North America Heavy Commercial Vehicles Market by Country
Chapter 7. North America Electronic Stability Control Market by Country
- 7.1 US Electronic Stability Control Market
- 7.1.1 US Electronic Stability Control Market by Component
- 7.1.2 US Electronic Stability Control Market by Vehicle Propulsion
- 7.1.3 US Electronic Stability Control Market by Vehicle Type
- 7.2 Canada Electronic Stability Control Market
- 7.2.1 Canada Electronic Stability Control Market by Component
- 7.2.2 Canada Electronic Stability Control Market by Vehicle Propulsion
- 7.2.3 Canada Electronic Stability Control Market by Vehicle Type
- 7.3 Mexico Electronic Stability Control Market
- 7.3.1 Mexico Electronic Stability Control Market by Component
- 7.3.2 Mexico Electronic Stability Control Market by Vehicle Propulsion
- 7.3.3 Mexico Electronic Stability Control Market by Vehicle Type
- 7.4 Rest of North America Electronic Stability Control Market
- 7.4.1 Rest of North America Electronic Stability Control Market by Component
- 7.4.2 Rest of North America Electronic Stability Control Market by Vehicle Propulsion
- 7.4.3 Rest of North America Electronic Stability Control Market by Vehicle Type
Chapter 8. Company Profiles
- 8.1 Robert Bosch GmbH
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 SWOT Analysis
- 8.2 Continental AG
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expense
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Partnerships, Collaborations, and Agreements:
- 8.2.5.2 Product Launches and Product Expansions:
- 8.2.5.3 Acquisition and Mergers:
- 8.2.6 SWOT Analysis
- 8.3 Johnson Electric Holdings Limited
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Regional Analysis
- 8.4 Aisin Corporation (Toyota Motor Corporation)
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.5 Valeo SA
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expense
- 8.6 Murata Manufacturing Co., Ltd.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Geographical Expansions:
- 8.7 Hitachi, Ltd.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Acquisition and Mergers:
- 8.8 Knorr-Bremse AG
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.9 ZF Friedrichshafen AG (TRW)
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 Recent strategies and developments:
- 8.9.5.1 Acquisition and Mergers:
- 8.10. Mando Corporation (Halla Group)
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Regional Analysis
- 8.10.4 Research & Development Expenses
- 8.10.5 Recent strategies and developments:
- 8.10.5.1 Product Launches and Product Expansions:
LIST OF TABLES
- TABLE 1 North America Electronic Stability Control Market, 2018 - 2021, USD Million
- TABLE 2 North America Electronic Stability Control Market, 2022 - 2028, USD Million
- TABLE 3 North America Electronic Stability Control Market by Component, 2018 - 2021, USD Million
- TABLE 4 North America Electronic Stability Control Market by Component, 2022 - 2028, USD Million
- TABLE 5 North America Hydraulic Unit Market by Country, 2018 - 2021, USD Million
- TABLE 6 North America Hydraulic Unit Market by Country, 2022 - 2028, USD Million
- TABLE 7 North America Sensors Market by Country, 2018 - 2021, USD Million
- TABLE 8 North America Sensors Market by Country, 2022 - 2028, USD Million
- TABLE 9 North America Electronic Control Unit Market by Country, 2018 - 2021, USD Million
- TABLE 10 North America Electronic Control Unit Market by Country, 2022 - 2028, USD Million
- TABLE 11 North America Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
- TABLE 12 North America Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
- TABLE 13 North America ICE Market by Country, 2018 - 2021, USD Million
- TABLE 14 North America ICE Market by Country, 2022 - 2028, USD Million
- TABLE 15 North America Electric & Hybrid Market by Country, 2018 - 2021, USD Million
- TABLE 16 North America Electric & Hybrid Market by Country, 2022 - 2028, USD Million
- TABLE 17 North America Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 18 North America Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 19 North America Passenger cars Market by Country, 2018 - 2021, USD Million
- TABLE 20 North America Passenger cars Market by Country, 2022 - 2028, USD Million
- TABLE 21 North America Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
- TABLE 22 North America Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
- TABLE 23 North America Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
- TABLE 24 North America Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
- TABLE 25 North America Electronic Stability Control Market by Country, 2018 - 2021, USD Million
- TABLE 26 North America Electronic Stability Control Market by Country, 2022 - 2028, USD Million
- TABLE 27 US Electronic Stability Control Market, 2018 - 2021, USD Million
- TABLE 28 US Electronic Stability Control Market, 2022 - 2028, USD Million
- TABLE 29 US Electronic Stability Control Market by Component, 2018 - 2021, USD Million
- TABLE 30 US Electronic Stability Control Market by Component, 2022 - 2028, USD Million
- TABLE 31 US Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
- TABLE 32 US Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
- TABLE 33 US Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 34 US Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 35 Canada Electronic Stability Control Market, 2018 - 2021, USD Million
- TABLE 36 Canada Electronic Stability Control Market, 2022 - 2028, USD Million
- TABLE 37 Canada Electronic Stability Control Market by Component, 2018 - 2021, USD Million
- TABLE 38 Canada Electronic Stability Control Market by Component, 2022 - 2028, USD Million
- TABLE 39 Canada Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
- TABLE 40 Canada Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
- TABLE 41 Canada Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 42 Canada Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 43 Mexico Electronic Stability Control Market, 2018 - 2021, USD Million
- TABLE 44 Mexico Electronic Stability Control Market, 2022 - 2028, USD Million
- TABLE 45 Mexico Electronic Stability Control Market by Component, 2018 - 2021, USD Million
- TABLE 46 Mexico Electronic Stability Control Market by Component, 2022 - 2028, USD Million
- TABLE 47 Mexico Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
- TABLE 48 Mexico Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
- TABLE 49 Mexico Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 50 Mexico Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 51 Rest of North America Electronic Stability Control Market, 2018 - 2021, USD Million
- TABLE 52 Rest of North America Electronic Stability Control Market, 2022 - 2028, USD Million
- TABLE 53 Rest of North America Electronic Stability Control Market by Component, 2018 - 2021, USD Million
- TABLE 54 Rest of North America Electronic Stability Control Market by Component, 2022 - 2028, USD Million
- TABLE 55 Rest of North America Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
- TABLE 56 Rest of North America Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
- TABLE 57 Rest of North America Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
- TABLE 58 Rest of North America Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
- TABLE 59 key information - Robert Bosch GmbH
- TABLE 60 Key Information - Continental AG
- TABLE 61 Key Information - Johnson Electric Holdings Limited
- TABLE 62 Key Information - Aisin Corporation
- TABLE 63 key information - Valeo SA
- TABLE 64 Key Information -Murata Manufacturing Co., Ltd.
- TABLE 65 Key Information - Hitachi, Ltd.
- TABLE 66 Key Information - Knorr-Bremse AG
- TABLE 67 Key Information - ZF Friedrichshafen AG
- TABLE 68 Key Information - Mando Corporation
List of Figures
- FIG 1 Methodology for the research
- FIG 2 Swot analysis: Robert Bosch GmbH
- FIG 3 Recent strategies and developments: Continental AG
- FIG 4 SWOT Analysis: Continental AG
