From 2023 to 2033, the global automotive ABS and ESC market size is projected to develop at a CAGR of 11.2%. The anti-lock braking system and electronic stability control market size is anticipated to surge to US$ 1,407.80 million in 2023. The automotive ABS and electronic stability control market value is going to rise to US$ 4,069.95 million by 2033.
The adoption of ABS and ESC systems is driven by a growing public awareness of their benefits. The automotive anti-lock braking system and electronic stability control market is expanding due to customers' growing awareness of these safety features, raising demand for ESC and ABS cars. The growing automotive industry, especially in emerging economies, drives the increasing demand for automotive anti-lock braking system and electronic stability control. The need for safety features like ABS and ESC increases as more vehicles are produced.
Automotive ABS and ESC Industry Growth Determinants
Attributes | Details |
---|---|
Market Value for 2023 | US$ 1,407.80 million |
Market Value for 2033 | US$ 4,069.95 million |
Market CAGR from 2023 to 2033 | 11.2% |
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The automotive ABS and ESC market expanded and changed significantly between 2018 and 2022. The adoption of ABS and ESC technologies was propelled by tightening safety rules and public demand for safer automobiles. As ESC and ABS became prevalent in many cars, collisions and fatalities declined. The automotive ABS and ESC manufacturers made research and development investments to lower costs and improve system performance.
The automotive ABS and ESC market is projected to keep evolving between 2023 and 2033. As autonomous driving and electrified vehicles gain more attention, ABS and ESC systems are set to grow vital. Integrating anti-lock braking system (ABS) in automobiles and electronic stability control (ESC) technology with existing safety and driver-assist technologies presents a key business opportunity. AI and data analytics are essential for strengthening anti-lock braking system (ABS) in automobiles and electronic stability control (ESC) technology.
To meet the increasing demand for automobiles that are safer and more intelligent, firms should place a high priority on innovation in ABS and ESC technology.
A thorough market segmentation study comprehensively summarizes the analytical section below. The automotive anti-lock braking system and electronic stability control manufacturers monitor market trends and three-channel segment demand for the technology type segment. The most prevalent vehicle type on the automotive ABS and electronic stability control market is the compact vehicle category.
The three-channel ABS segment of the automotive anti-lock braking system and electronic stability control market is expected to experience substantial expansion. Its strong performance in improving vehicle stability and safety is responsible for the upward trend.
Leading Segment | Three Channel ABS |
---|---|
Segment Share | 25.4% |
An economical option is provided by three-channel ABS, which evenly distributes the braking force among the three wheels, improving control while braking and reducing skidding. Three-channel ABS segment is anticipated to have significant sales of automotive ABS and ESC, which support the market expansion.
Due to several variables, the compact vehicle sector is expected to see significant growth in sales in the automotive anti-lock braking system and electronic stability control market. The tiny cars are a high-volume market since they are well-liked by budget-conscious buyers.
Leading Segment | Compact Vehicle |
---|---|
Segment Share | 12% |
The compact vehicle sector increases its market share by offering buyers entry-level options. Automakers have incorporated ABS and ESC systems in compact vehicle to increase sales in response to stricter safety rules and consumer demand for improved safety features. The compact vehicle category is predicted to see considerable sales of automotive ABS and ESC due to the spike in demand for safety technology in a more affordable segment.
An in-depth market analysis covering several countries is covered in this part, which additionally demonstrates that the automotive anti-lock braking system and electronic stability control markets in North America, Europe, and Asia Pacific are expanding at an accelerated pace. Manufacturers should pay notice since Europe and Asia Pacific have seen significant expansions. The opportunity for future growth and prospects in the rapidly expanding North America sales of automotive ABS motors should be considered by manufacturers.
A Look at the United States Automotive ABS and ESC Market
Attributes | Details |
---|---|
United States Market CAGR | 12.2% |
Canada Market CAGR | 9.5% |
Promoting ABS and ESC Adoption in Canada
An Analysis of Germany’s ABS and ESC Market
Italy’s Automotive ABS and ESC Systems in Focus
Attributes | Details |
---|---|
United Kingdom Market CAGR | 12.2% |
France Market CAGR | 11.39% |
Spain Market CAGR | 11.3% |
Germany Market CAGR | 11% |
Italy Market CAGR | 10.56% |
Exploring ABS and ESC Technologies in the France Automotive Market
An Overview of the United Kingdom Automotive ABS and ESC Market
The State of ABS and ESC Technologies in Europe
India’s Booming Automotive ABS and ESC Market
China's Established Leadership in Automotive ABS and ESC Technology
Attributes | Details |
---|---|
India Market CAGR | 11.89% |
China Market CAGR | 11.38% |
Japan Market CAGR | 10.24% |
ASEAN Market CAGR | 9.64% |
ANZ Market CAGR | 9.64% |
Japan's Developing Automotive ABS and ESC Systems Market
The ANZ Automotive ABS and ESC Market
Road Safety Advancements in ASEAN with Automotive ABS and ESC Market
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The automotive anti-lock braking system and electronic stability control market's competitive examination demonstrates a dynamic landscape with significant competitors. The automotive anti-lock braking system and ESC businesses concentrate on innovation, cost-cutting, and international expansion to obtain a competitive edge.
Growing auto safety laws and consumer desire for cutting-edge safety features surge the automotive anti-lock braking system and ESC market expansion. Innovation in ABS and ESC technology, efficient supply chains, and tactical alliances are essential variables that impact competition.
Latest Milestones
Company | Details |
---|---|
KRONE Commercial Vehicle Group | Haldex and KRONE Commercial Vehicle Group signed a long-term agreement in March 2022 to deliver the fourth-generation Electronic Brake System (EBS) platform for trailers. |
ZF | ZF declared in March 2022 that during TMC 2022 in Orlando, its newly formed Commercial Vehicle Solutions subsidiary showcased its entire product and technology range for heavy-duty trucking applications. |
Ineos Styrolution | After converting an existing polystyrene line to produce ABS, Ineos Styrolution announced in January 2022 the commencement of ABS manufacturing at Wingles, France. Wingles is now the third ABS production facility in Europe for the corporation. |
Bosch | To fulfill the rising demand for safety systems in the Asian market, Bosch said in August 2021 that it would begin producing a motorbike anti-lock braking system (ABS) at its Amata factory in Rayong, Thailand, in Q2/2022. The Amata plant is Bosch's third global motorcycle ABS manufacturing location after Japan and India. |
Endurance Technologies | Endurance Technologies declared in October 2021 that it has started producing anti-lock braking systems (ABS) modulators at one of its factories in Waluj, Aurangabad. |
The market for anti-lock braking and stability control systems to secure a valuation of US$ 1,407.80 million in 2023.
The market for anti-lock braking and stability control systems is estimated to reach US$ 4,069.95 million by 2033.
Through 2033, the global automotive ABS and ESC industry is anticipated to expand at an 11.2% CAGR.
The three channel ABS sector is set to achieve a market share of 25.4%.
A 12.0% market share is expected for the compact vehicle sector.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Technology Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Technology Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Technology Type, 2023 to 2033
5.3.1. Three Channel ABS
5.3.2. Four Channel ABS
5.3.3. ESC
5.4. Y-o-Y Growth Trend Analysis By Technology Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Technology Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Vehicle Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Vehicle Type, 2023 to 2033
6.3.1. Compact Vehicle
6.3.2. Mid-Sized Vehicle
6.3.3. Premium Vehicle
6.3.4. Luxury Vehicle
6.3.5. Commercial Vehicle
6.3.6. Heavy Commercial Vehicle
6.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Vehicle Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By Sales Channel , 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Sales Channel , 2023 to 2033
7.3.1. OEM
7.3.2. Aftermarket
7.4. Y-o-Y Growth Trend Analysis By Sales Channel , 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Sales Channel , 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Technology Type
9.2.3. By Vehicle Type
9.2.4. By Sales Channel
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Technology Type
9.3.3. By Vehicle Type
9.3.4. By Sales Channel
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Technology Type
10.2.3. By Vehicle Type
10.2.4. By Sales Channel
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Technology Type
10.3.3. By Vehicle Type
10.3.4. By Sales Channel
10.4. Key Takeaways
11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. UK
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Technology Type
11.2.3. By Vehicle Type
11.2.4. By Sales Channel
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Technology Type
11.3.3. By Vehicle Type
11.3.4. By Sales Channel
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Technology Type
12.2.3. By Vehicle Type
12.2.4. By Sales Channel
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Technology Type
12.3.3. By Vehicle Type
12.3.4. By Sales Channel
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Technology Type
13.2.3. By Vehicle Type
13.2.4. By Sales Channel
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Technology Type
13.3.3. By Vehicle Type
13.3.4. By Sales Channel
13.4. Key Takeaways
14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Technology Type
14.2.3. By Vehicle Type
14.2.4. By Sales Channel
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Technology Type
14.3.3. By Vehicle Type
14.3.4. By Sales Channel
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Technology Type
15.2.3. By Vehicle Type
15.2.4. By Sales Channel
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Technology Type
15.3.3. By Vehicle Type
15.3.4. By Sales Channel
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2022
16.1.2.1. By Technology Type
16.1.2.2. By Vehicle Type
16.1.2.3. By Sales Channel
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2022
16.2.2.1. By Technology Type
16.2.2.2. By Vehicle Type
16.2.2.3. By Sales Channel
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2022
16.3.2.1. By Technology Type
16.3.2.2. By Vehicle Type
16.3.2.3. By Sales Channel
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2022
16.4.2.1. By Technology Type
16.4.2.2. By Vehicle Type
16.4.2.3. By Sales Channel
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2022
16.5.2.1. By Technology Type
16.5.2.2. By Vehicle Type
16.5.2.3. By Sales Channel
16.6. UK
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2022
16.6.2.1. By Technology Type
16.6.2.2. By Vehicle Type
16.6.2.3. By Sales Channel
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2022
16.7.2.1. By Technology Type
16.7.2.2. By Vehicle Type
16.7.2.3. By Sales Channel
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2022
16.8.2.1. By Technology Type
16.8.2.2. By Vehicle Type
16.8.2.3. By Sales Channel
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2022
16.9.2.1. By Technology Type
16.9.2.2. By Vehicle Type
16.9.2.3. By Sales Channel
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2022
16.10.2.1. By Technology Type
16.10.2.2. By Vehicle Type
16.10.2.3. By Sales Channel
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2022
16.11.2.1. By Technology Type
16.11.2.2. By Vehicle Type
16.11.2.3. By Sales Channel
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2022
16.12.2.1. By Technology Type
16.12.2.2. By Vehicle Type
16.12.2.3. By Sales Channel
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2022
16.13.2.1. By Technology Type
16.13.2.2. By Vehicle Type
16.13.2.3. By Sales Channel
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2022
16.14.2.1. By Technology Type
16.14.2.2. By Vehicle Type
16.14.2.3. By Sales Channel
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2022
16.15.2.1. By Technology Type
16.15.2.2. By Vehicle Type
16.15.2.3. By Sales Channel
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2022
16.16.2.1. By Technology Type
16.16.2.2. By Vehicle Type
16.16.2.3. By Sales Channel
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2022
16.17.2.1. By Technology Type
16.17.2.2. By Vehicle Type
16.17.2.3. By Sales Channel
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2022
16.18.2.1. By Technology Type
16.18.2.2. By Vehicle Type
16.18.2.3. By Sales Channel
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2022
16.19.2.1. By Technology Type
16.19.2.2. By Vehicle Type
16.19.2.3. By Sales Channel
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2022
16.20.2.1. By Technology Type
16.20.2.2. By Vehicle Type
16.20.2.3. By Sales Channel
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2022
16.21.2.1. By Technology Type
16.21.2.2. By Vehicle Type
16.21.2.3. By Sales Channel
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2022
16.22.2.1. By Technology Type
16.22.2.2. By Vehicle Type
16.22.2.3. By Sales Channel
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2022
16.23.2.1. By Technology Type
16.23.2.2. By Vehicle Type
16.23.2.3. By Sales Channel
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Technology Type
17.3.3. By Vehicle Type
17.3.4. By Sales Channel
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Autoliv Inc.
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. Contenental Ag
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. Delphi Automotive Plc
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. Denso Corporation
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. Robert Bosch GMBH
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. TRW Automotive
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. Machino Plastics Ltd.
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. Haldex Corp
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. Aisin Seiki Co
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. Hitachi Automotive Systems, Ltd.
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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