Anti-lock Braking System Market Industry Outlook, Size, Growth Factors, and Forecast To 2029

Anti-lock Braking System Market overview

As per market research, the total Anti-lock Braking System Market is expected to grow at a high rate. The report includes the growth drivers, major restraints, upcoming challenges and prevailing opportunities in the global Anti-lock Braking System market. The region-wise and segment-wise analysis of the dynamics and Anti-lock Braking System market size has been provided in the report.

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Anti-lock Braking System Market Value

The Anti-lock Braking System Market size was valued at 53.54 Bn in 2022 and is expected to grow at a CAGR of 9.8 %(2023-2029) . The global market reaching nearly 103.01 Bn over the forecast period.

Anti-lock Braking System Market Report Scope and Research Methodology

The research examines the most significant trends within the Anti-lock Braking System market and their potential impacts on new business investments and industry growth. Market trends influence various factors like new technologies, regulations, government investments, emerging applications, international market entry, and other industry dynamics. This study presents a comprehensive analysis of these trends to assist clients in formulating strategies to enhance their presence in the Anti-lock Braking System market.

Maximize Market Research delivers exclusive key statistics, facts, insights, trends, and a competitive landscape overview within this specialized field. The current state of the Anti-lock Braking System market is thoroughly analyzed, and projections are made up to 2029. The study is expected to encompass company profiles, covering aspects such as capacity, production, pricing, costs, revenue, and contact details for global leading Anti-lock Braking System market manufacturers.

Anti-lock Braking System Market Dynamics

Dynamics of the Anti-lock Braking System Market:

Due to a growth in traffic accidents worldwide, there is a growing demand for safety equipment such as airbags, traction control, electronic stability control, tyre pressure monitors, anti-lock brake systems and telematics. The Association of Safe International Road Travel (ASIRT) estimates that 3,287 persons die on average every day in traffic accidents worldwide, accounting for over 1.3 million deaths annually. This means that as people's concerns about these diseases grow, so does the need for safety features in cars. Therefore, automakers are focusing on producing safety features that can be enabled in the cars, which is propelling the market for anti-lock braking systems to develop.

Anti-lock Braking System Market Segmentation

by Sub System Types
1.Hydraulic Unit
2.Electronic Control Unit
3.Sensor

by Component
1.Controllers
2.Pumps
3.Valves
4.Speed Sensors

by Vehicle Type
1.Two-Wheelers
2.Commercial vehicle
3.Passenger vehicle

Due to rising automobile sales, the vehicle type sector states that in 2022, passenger vehicles will have the biggest market share. Anti-lock braking systems were first seen in entry-level cars, but due to safety concerns, businesses in the industry are also implementing these systems in commercial vehicles and two-wheelers.

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Anti-lock Braking System Market Key Players include:

1. Robert Bosch GMBH
2. TRW Automotive
3. Denso Corporation
4. Hyundai Mobis
5. Autoliv Inc.
6. Delphi Automotive Plc
7. Continental Ag
8. Aisin Seiki Co., Ltd.
9. Haldex AB
10. Hitachi Automotive Systems, Ltd.
11. Jiaozuo
12. Nissin Kogyo Co.
13. Hyundai Mobis Co.
14. ADVICS Co., Ltd.
15. Zhejiang Wangxiang
16. WABCO
17. Mando Corporation
18. AKEBONO BRAKE INDUSTRY CO., LTD
19. Panasonic Automotive Systems Europe GmbH
20. Visteon Corporation
21. Nippon Seiki Co., Ltd.
22. Yazaki
23. Garmin Ltd

Table of content for the Anti-lock Braking System Market includes: 

Part 01: Executive Summary

Part 02: Scope of the Anti-lock Braking System Market Report

Part 03: Global Anti-lock Braking System Market Landscape

Part 04: Global Anti-lock Braking System Market Sizing

Part 05: Global Anti-lock Braking System Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Anti-lock Braking System Market Regional Insights

The report includes a detailed analysis of all the regions and their countries mentioned below:

1. Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
2. Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
3. North America (the United States, Mexico, and Canada.)
4. South America (Brazil etc.)
5. The Middle East and Africa (GCC Countries and Egypt.)

Key Questions answered in the Anti-lock Braking System Market Report are:

• What is Anti-lock Braking System?
• What is the expected CAGR of the Anti-lock Braking System market during the forecast period?
• What is the expected Anti-lock Braking System market size by 2029?
• What factors are affecting the Anti-lock Braking System market growth?
• Which region held the largest share of the global Anti-lock Braking System market?
• What growth strategies are the players considering to increase their presence in Anti-lock Braking System?
• Who are the leading players in Anti-lock Braking System Market?

Key Offerings:

• A detailed Analysis of the Market Overview
• Market Share, Size & Forecast by Revenue | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
• Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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