Automotive Passenger Car Emergency Braking System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Sensor Type, By Technology, By Region, Competition, 2018-2028

Global Automotive Passenger Car Emergency Braking System Market has valued at USD 19 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 10.5% through 2028. The Global Automotive Passenger Car Emergency Braking System Market has experienced remarkable growth and transformation in recent years, driven by a convergence of technological innovation, increased awareness of vehicle safety, and stringent government regulations. This market is characterized by the widespread adoption of advanced driver assistance systems (ADAS), with emergency braking systems emerging as a cornerstone feature in modern passenger cars. These systems, often referred to as Autonomous Emergency Braking (AEB) or Collision Avoidance Systems, utilize an array of sensors, including radar, LiDAR, cameras, and ultrasonic sensors, to monitor the vehicle's surroundings continuously. Advanced algorithms process this data in real-time, enabling the system to detect potential collision risks with other vehicles, pedestrians, cyclists, and obstacles on the road. The integration of emergency braking systems with ADAS has become a dominant trend in the market, offering consumers comprehensive safety packages that encompass a range of accident prevention features. As technology continues to advance, these systems are becoming increasingly sophisticated, operating at higher speeds and handling complex scenarios, such as highway driving and intersections. Moreover, there is a growing emphasis on pedestrian and cyclist detection, reflecting a societal concern for the safety of vulnerable road users.

Key Market Drivers

Increasing Emphasis on Vehicle Safety

Market Overview
Forecast Period	2024-2028
Market Size 2022	USD 19 Billion
Market Size 2028F	USD 34.32 Billion
CAGR 2023-2028	10.50%
Fastest Growing Segment	Radar
Largest Market	North America

The first and foremost market driver for the Global Automotive Passenger Car Emergency Braking System Market is the growing emphasis on vehicle safety. In recent years, there has been a notable shift in the automotive industry towards prioritizing safety features. This shift has been catalyzed by various factors, including rising public awareness of road safety, stricter government regulations, and a desire to reduce the staggering number of road accidents and associated fatalities.

Governments and regulatory bodies worldwide have been actively pushing for safer vehicles by imposing stringent safety standards and regulations. As part of these regulations, many countries have mandated the inclusion of advanced safety technologies, including emergency braking systems, in passenger cars. Automakers are thus compelled to integrate these systems into their vehicles to meet compliance requirements. Consumers, too, are increasingly conscious of vehicle safety. High-profile accidents and public awareness campaigns have contributed to this awareness. As a result, many car buyers are prioritizing safety features when making their purchasing decisions. Emergency braking systems, which are designed to prevent or mitigate collisions, have gained popularity due to their potential to save lives and reduce the severity of accidents.

This growing emphasis on vehicle safety is a powerful driver for the Emergency Braking System Market, as it creates a robust demand for advanced safety technologies. As consumers become more educated about the benefits of these systems, and as governments continue to raise safety standards, the market for emergency braking systems is expected to expand further.

Technological Advancements and Integration

Technological advancements play a pivotal role in driving the growth of the Global Automotive Passenger Car Emergency Braking System Market. These systems have evolved significantly over the years, primarily due to innovations in sensor technologies, artificial intelligence, and machine learning.

Modern emergency braking systems are equipped with an array of sensors, including radar, LiDAR, cameras, and ultrasonic sensors. These sensors work in tandem to constantly monitor the vehicle's surroundings, detecting potential collision risks. Advanced algorithms process this data to make split-second decisions about when to initiate braking maneuvers. The integration of these cutting-edge technologies has resulted in highly accurate and reliable emergency braking systems. The ability of these systems to react faster and more accurately than human drivers is a compelling selling point. As consumers and automakers alike recognize the potential to prevent rear-end collisions and reduce the severity of accidents, the demand for these advanced systems continues to rise.

Moreover, the integration of emergency braking systems into the broader ecosystem of vehicle safety is a key trend. These systems are often part of larger safety packages that include features such as adaptive cruise control, lane-keeping assistance, and blind-spot monitoring. The seamless integration of these technologies enhances the overall safety of passenger cars and offers consumers a comprehensive safety solution.

Rising Consumer Awareness and Demand

Consumer awareness and demand are vital drivers for the Global Automotive Passenger Car Emergency Braking System Market. While safety has always been a concern for consumers, recent efforts by automakers and safety organizations have significantly raised awareness about the benefits of emergency braking systems.

High-profile marketing campaigns by leading automakers showcase the capabilities of these systems, often using dramatic real-life scenarios to demonstrate their effectiveness. These campaigns not only educate consumers about the advantages of emergency braking but also create a sense of trust in the technology.

Consumer demand for these systems has grown in tandem with awareness. When purchasing a new car, many consumers now prioritize safety features, including emergency braking systems, as non-negotiable requirements. They understand that these systems can potentially save lives, reduce insurance premiums, and prevent costly accidents.

As these systems become more affordable and widely available across various vehicle segments, consumer demand is expected to remain a significant driver for the Emergency Braking System Market. Consumers are increasingly willing to invest in their safety, making these systems a valuable selling point for automakers.

Government Regulations and Safety Standards

Government regulations and safety standards are pivotal market drivers for the Global Automotive Passenger Car Emergency Braking System Market. Governments worldwide have recognized the urgent need to address road safety and have implemented stringent regulations to ensure that vehicles meet certain safety criteria.

One of the most influential regulations driving the adoption of emergency braking systems is the European New Car Assessment Programme (Euro NCAP) and its counterparts in other regions. Euro NCAP, for instance, assesses the safety of new vehicles and awards star ratings based on various safety criteria. Vehicles equipped with advanced safety features, including emergency braking systems, receive higher ratings. In addition to voluntary safety assessment programs, governments have imposed mandatory regulations that require automakers to include specific safety technologies in their vehicles. For example, the European Union's General Safety Regulation (GSR) mandates the inclusion of advanced safety features, including emergency braking systems, in all new passenger cars.

Insurance Incentives and Cost Savings

Insurance incentives and cost savings are significant drivers for the Global Automotive Passenger Car Emergency Braking System Market. Insurers recognize the potential of these systems to reduce the frequency and severity of accidents, leading to lower claims and payouts.

As a result, many insurance companies offer discounts and incentives to policyholders who own vehicles equipped with advanced safety features, including emergency braking systems. These incentives act as a powerful motivator for consumers to opt for vehicles with these technologies. The cost savings associated with emergency braking systems extend beyond insurance premiums. These systems can prevent costly rear-end collisions and reduce repair expenses. In some cases, they may even prevent accidents altogether, saving lives and reducing the financial burden on individuals and society.

Furthermore, as the production and integration of these systems become more standardized, economies of scale are achieved. This leads to a decrease in the overall cost of manufacturing and subsequently lowers the purchase price of vehicles equipped with these systems. This cost reduction makes emergency braking systems more accessible to a broader range of consumers, further boosting their adoption.

Key Market Challenges

Cost Constraints

One of the primary challenges faced by the Global Automotive Passenger Car Emergency Braking System Market is the cost constraints associated with developing, manufacturing, and integrating these systems into vehicles. While emergency braking systems offer significant safety benefits, the advanced technologies required to implement them can be expensive. The cost of the necessary sensors, such as radar and LiDAR, along with the computational power required for real-time analysis and decision-making, contributes significantly to the overall cost of the system. For automakers, balancing the integration of these advanced safety features with the need to keep vehicle prices competitive can be a daunting task.

Consumers are price-sensitive, and not all are willing to pay a premium for safety features, even if they understand their potential benefits. This cost constraint can limit the market penetration of emergency braking systems, particularly in price-sensitive segments of the passenger car market. Furthermore, the cost of maintenance and repair of these systems can also be a concern for consumers. In the event of a system malfunction or damage, repair costs can be high, which may deter some buyers from opting for vehicles equipped with emergency braking systems.

Consumer Education and Awareness

Consumer education and awareness represent a significant challenge for the Global Automotive Passenger Car Emergency Braking System Market. While awareness of these systems has been growing, there is still a considerable gap in consumer knowledge regarding how these systems work, their benefits, and their limitations. Many consumers may not fully understand the capabilities of emergency braking systems or may confuse them with other advanced driver assistance systems (ADAS). Clear communication and education are essential to ensure that consumers have realistic expectations of what these systems can achieve. Additionally, misconceptions and distrust can arise due to a lack of transparency about how these systems function. Some consumers may be hesitant to trust autonomous emergency braking systems to make split-second decisions, fearing false activations or errors. This lack of trust can be a barrier to adoption.

Integration Challenges

The integration of emergency braking systems into passenger cars can pose significant challenges for automakers. These systems require seamless integration with other vehicle components, such as the braking system, steering, and electronic control units (ECUs). Ensuring that these systems work harmoniously and do not interfere with other vehicle functions is a complex engineering task. Moreover, emergency braking systems must be able to communicate with other ADAS features, such as adaptive cruise control and lane-keeping assistance, to provide a comprehensive safety package. This integration requires standardized communication protocols and careful coordination among different components and software systems.

Furthermore, the diversity of vehicle models and brands in the market adds to the complexity of integration. Each automaker may have its proprietary systems and specifications, making it challenging to create universal solutions that can be applied across different makes and models. Interoperability and compatibility issues can hinder the widespread adoption of emergency braking systems. Consumers may face difficulties in choosing aftermarket solutions or retrofitting their vehicles with these systems due to compatibility constraints.

Liability and Legal Concerns

Liability and legal concerns are significant challenges facing the Global Automotive Passenger Car Emergency Braking System Market. As these systems operate autonomously to detect and respond to potential collisions, questions arise about who is responsible in the event of system malfunction or failure. Determining liability can be complex. Is it the automaker, the supplier of the emergency braking system, the software developer, or the vehicle owner who is liable in the event of an accident caused by system failure? The legal framework surrounding autonomous safety systems is still evolving, and clear regulations are needed to address liability issues comprehensively.

Moreover, concerns regarding data privacy and cybersecurity are becoming increasingly important. Emergency braking systems rely on sensors and data processing, which can be vulnerable to cyberattacks or unauthorized access. Protecting sensitive data and ensuring the security of these systems is a critical challenge that must be addressed to gain consumer trust.

Standardization and Regulation

Standardization and regulation represent both a challenge and an opportunity for the Global Automotive Passenger Car Emergency Braking System Market. While regulations are necessary to ensure the safety and effectiveness of these systems, varying standards and requirements across different regions can complicate market dynamics. Different countries and regions have their own safety regulations and testing procedures. For example, Europe, the United States, and Asia may have slightly different standards for evaluating the performance of emergency braking systems. This can result in additional costs for automakers who must adapt their systems to meet multiple sets of standards.

Furthermore, regulations are continually evolving to keep pace with technological advancements. Staying compliant with these evolving standards can be resource-intensive for automakers and suppliers. However, standardization can also be an opportunity. It can streamline the development and testing processes, making it easier for automakers to design and manufacture vehicles that comply with global safety standards. Standardized testing procedures can help build consumer confidence in the reliability and effectiveness of emergency braking systems.

Key Market Trends

Integration with Advanced Driver Assistance Systems

One of the notable trends in the Global Automotive Passenger Car Emergency Braking System Market is the seamless integration of emergency braking systems with other ADAS features. Automakers are increasingly offering comprehensive safety packages that include features like adaptive cruise control, lane-keeping assistance, blind-spot monitoring, and emergency braking systems.

This integration enhances the overall safety of vehicles by allowing these systems to work together cohesively. For example, emergency braking systems can communicate with adaptive cruise control to adjust the vehicle's speed based on the traffic ahead, leading to smoother and more efficient traffic flow. Similarly, the coordination between emergency braking and lane-keeping assistance can help prevent accidents caused by lane departure. This trend reflects a broader shift towards holistic safety solutions in the automotive industry. By integrating multiple safety features into a unified system, automakers aim to provide a more comprehensive and effective approach to accident prevention, ultimately making vehicles safer for passengers and pedestrians alike.

Autonomous Emergency Braking (AEB) Advancements

Another significant trend is the continuous advancement of Autonomous Emergency Braking (AEB) technology. AEB systems are becoming increasingly sophisticated, thanks to advancements in sensor technologies, artificial intelligence, and machine learning.

Modern AEB systems are equipped with a variety of sensors, including radar, LiDAR, cameras, and ultrasonic sensors, which continuously monitor the vehicle's surroundings. These sensors can detect not only other vehicles but also pedestrians, cyclists, and obstacles in the road. Advanced algorithms analyze this data in real-time to make split-second decisions about when to initiate braking maneuvers. Furthermore, AEB systems are evolving to operate at higher speeds and handle complex scenarios, such as highway driving and intersections. They are also becoming capable of detecting and responding to a wider range of potential collision risks. As AEB technology continues to improve, it offers the promise of significantly reducing the incidence of rear-end collisions and mitigating the severity of accidents. This trend aligns with the industry's commitment to enhancing road safety and preventing accidents through advanced automation.

Standardization and Regulation

Standardization and regulation are becoming increasingly important in the Global Automotive Passenger Car Emergency Braking System Market. With the growing adoption of emergency braking systems, regulatory bodies and industry organizations are working to establish standardized testing procedures and safety requirements. Standardization efforts aim to ensure consistent safety performance across different vehicle models and brands. They also help automakers comply with various regional safety regulations more efficiently. In addition to government regulations, consumer demand for standardized safety features is driving this trend. Consumers often look for vehicles that have been tested and rated by safety organizations and standardized safety features like AEB play a significant role in these assessments. As standardization and regulation become more widespread, it is expected that emergency braking systems will continue to evolve and improve, resulting in safer vehicles on the road.

Increased Focus on Pedestrian and Cyclist Detection

A growing trend in the Automotive Passenger Car Emergency Braking System Market is the increased focus on pedestrian and cyclist detection capabilities. Traditionally, emergency braking systems primarily targeted collision avoidance with other vehicles, but the industry is now shifting its attention towards vulnerable road users.

Pedestrian and cyclist detection systems use advanced sensors and algorithms to identify and track individuals in or near the vehicle's path. These systems are designed to recognize the unique movement patterns and characteristics of pedestrians and cyclists, allowing the vehicle to respond quickly to potential collisions. This trend aligns with a broader societal concern for pedestrian and cyclist safety, particularly in urban environments. As more people choose alternative modes of transportation such as walking or cycling, the need for advanced safety features that protect these vulnerable road users has grown. Automakers are increasingly incorporating pedestrian and cyclist detection as a standard feature in their emergency braking systems, contributing to the reduction of accidents involving these groups. This trend not only enhances road safety but also reflects the industry's commitment to addressing evolving urban mobility challenges.

Continuous Improvement in False Positive Reduction

False positives, which occur when emergency braking systems activate unnecessarily, have been a concern for both automakers and consumers. Recognizing this, a notable trend in the Global Automotive Passenger Car Emergency Braking System Market is the continuous improvement in false positive reduction. False positives can lead to abrupt braking events when there is no imminent threat, potentially causing inconvenience to drivers and passengers. To mitigate this issue, manufacturers are refining their algorithms and sensor technologies to enhance the accuracy of threat detection.

These improvements involve fine-tuning the system's ability to distinguish between actual collision risks and benign objects or situations. Advanced machine learning techniques are employed to analyze sensor data and make more precise decisions about when to initiate emergency braking. The goal is to strike a balance between preventing accidents and minimizing false positives. As industry invests in research and development to reduce false positives, emergency braking systems are becoming more reliable and trusted by consumers.

Segmental Insights

Sensor Type Analysis

In the Automatic Passenger cars Emergency Braking System industry, radar sensors hold the largest global market share. Radar sensors are a common option for collision detection and avoidance in AEBS technology, and this preference can be linked to a number of causes. Radar sensors excel in precisely detecting objects and obstacles in a variety of weather circumstances, such as rain, fog, and low light. They are ideal for collision avoidance applications due to their capacity to measure the distance, speed, and relative motion of nearby objects. Radar sensors send out radio waves that reflect off nearby objects, enabling the system to build up a thorough map of the area around the vehicle and provide accurate detection of both moving and stationary objects. In addition, radar sensors are superior to other sensor types in their ability to recognize things at greater distances. This increased range gives AEBS systems a faster reaction time, allowing them to anticipate potential accident hazards and begin brake operations earlier. The importance of this early detection in enhancing safety and reducing crash severity cannot be overstated.

Regional Insights

In 2022, the Autonomous Passenger Cars Emergency Braking market was largely dominated by North America. In recent years, there has been a large increase in demand in the North American market, and this trend is predicted to continue. Road safety in North America is a developing concern, with a particular emphasis on lowering accident frequency and severity. Critical safety elements like advanced braking systems can lessen or avoid collisions. The demand for autonomous emergency braking systems is influenced by the public's growing awareness of and concern for traffic safety. Furthermore, North American consumers are becoming more aware of the advantages of emergency braking systems.

Vehicles with cutting-edge safety features, such as emergency braking systems, are prioritized by consumers who are concerned about their safety since they provide an additional layer of defense. The demand for the product is influenced by consumers' increased preference for cutting-edge braking systems. The continually increasing demand for vehicles and greater awareness regarding safety features are fueling the rise of Autonomous Emergency Braking systems in North America.

Furthermore, it is projected that the Asia Pacific market would see an increase in demand for improved braking systems. In the Asia Pacific region, Original Equipment Manufacturers (OEMs) are increasingly including emergency braking systems into various car models. They are aware of the need for cutting-edge safety measures and attempt to set themselves apart from the competition by providing emergency braking as a standard or optional feature. The region's demand for sophisticated braking systems is further driven by OEM market competitiveness.

Key Market Players

• Robert Bosch GmbH

• Continental AG

• ZE Friedrichshafen AG

• Delphi Automotive LLP

• Hyundai Mobis

• Aisin Seiki Co. Ltd

• Hitachi Automotive System Ltd.

• Mando Corporation

• Netradyne

• Valeo S.A.

Report Scope:

In this report, the Global Automotive Passenger Car Emergency Braking System Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Automotive Passenger Car Emergency Braking System Market, By Sensor Type:

• Camera
• Lidar
• Radar

Automotive Passenger Car Emergency Braking System Market, By Technology Type:

• Forward Collision warning
• Dynamic brake support
• Crash imminent Braking.

Automotive Passenger Car Emergency Braking System Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe & CIS
• France
• Russia
• United Kingdom
• Italy
• Germany
• Spain
• Belgium
• Asia-Pacific
• China
• India
• Japan
• Indonesia
• Thailand
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Turkey

Competitive Landscape

• Company Profiles: Detailed analysis of the major companies present in the Global Automotive Passenger Car Emergency Braking System Market.

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Company Information

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