Global Anti Lock Braking System Abs And Electronic Stability Control Esc System
Market Report
2025
ABS and ESC system market size will be USD 60.6 billion in 2024. It will expand at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global ABS and ESC system market size will be USD 60.6 billion in 2024. It will expand at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Anti Lock Braking System Abs And Electronic Stability Control Esc System Market Sales Revenue | 121212 | 121212 | 121212 | 8.1% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Vehicle Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers: Increasing application of strict regulations - The implementation of stricter regulations by regulatory bodies worldwide has increased. For example, the United States government announced the Highway Safety Act, which directs the National Highway Traffic Safety Administration (NHISA) to investigate the installation of antilock brakes and electronic stability control systems in passenger vehicles, including cars, pickup trucks, vans, and sport utility vehicles. This is expected to contribute to the growth of the automotive antilock braking system (ABS) and electronic stability control (ESC) market over the forecast period. Increasing production of passenger cars in Asia-Pacific region | |
Market Restrains: Increasing adoption of innovative technology Expensive price tag attached to the item |
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Anti Lock Braking System Abs And Electronic Stability Control Esc System Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An automotive security system that keeps a motor vehicle's wheels firmly in contact with the road is the electronic stability control system and antilock braking system. These systems keep the wheels from locking up and stop uncontrollably sliding by responding to the driver's actions during braking. Cadence braking and threshold braking are two techniques used by the electronic stability control system and antilock braking system. The pump, valves, speed sensors, and controller are the main parts of the antilock braking system.
Increasing application of strict regulations - The implementation of stricter regulations by regulatory bodies worldwide has increased. For example, the United States government announced the Highway Safety Act, which directs the National Highway Traffic Safety Administration (NHISA) to investigate the installation of antilock brakes and electronic stability control systems in passenger vehicles, including cars, pickup trucks, vans, and sport utility vehicles. This is expected to contribute to the growth of the automotive antilock braking system (ABS) and electronic stability control (ESC) market over the forecast period. Increasing production of passenger cars in Asia-Pacific region
Increasing adoption of innovative technology Expensive price tag attached to the item
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ZF declared in March 2022 that during TMC 2022 in Orlando, its newly formed Commercial Vehicle Solutions division will present its complete line of products and technologies for heavy-duty trucking applications. A virtual tour of ZF's complete commercial vehicle product line is available at the company's show floor exhibit. It covers air management, suspension solutions, air disc brakes, brake actuators, vacuum pumps and vehicle dynamics, which includes ADAS, hydraulic and pneumatic anti-lock braking systems and steering solutions.
(Source: https://press.zf.com/press/en/releases/release_35969.html)
Top Companies Market Share in Anti Lock Braking System Abs And Electronic Stability Control Esc System Industry: (In no particular order of Rank)
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Given that entry-level two-wheelers are beginning to use ABS and ESC systems widely, the Asia Pacific area is predicted to dominate the market for these systems. The majority of two-wheelers available on the market are luxury models with conventional safety features. On the other hand, two-wheelers are the most affordable and basic cars in developing nations. During the forecast period, a rise in the use of these safety systems in passenger cars is anticipated to propel the market.
Due to rising consumer spending power, a preference for stronger safety precautions, and the adoption of laws and policy frameworks requiring the installation of safety equipment in automobiles, North America is predicted to lead the industry. The two biggest markets for electronic stability control and anti-lock braking systems are predicted to be the US and Mexico.
The current report Scope analyzes Anti Lock Braking System Abs And Electronic Stability Control Esc System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Anti Lock Braking System Abs And Electronic Stability Control Esc System Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Anti Lock Braking System Abs And Electronic Stability Control Esc System Industry growth. Anti Lock Braking System Abs And Electronic Stability Control Esc System market has been segmented with the help of its Vehicle Type, , and others. Anti Lock Braking System Abs And Electronic Stability Control Esc System market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Passenger Car segment is expected to dominate the market. The increased need for vehicle safety and control systems in cars, such anti-lock brakes (ABS), is the main factor driving the market for automotive anti-lock braking systems. Additionally, industry expansion has been fueled by stringent laws prescribing safety requirements and the introduction of numerous programs emphasizing the value of car safety. In Europe, ABS has been required for all new passenger automobiles since 2004. It took the US over ten years to require ABS in all new passenger automobiles. Under the terms of the Federal Motor Vehicle Safety Standard (FMVSS) No. 126, which went into effect in March 2007, the National Highway Traffic Safety Administration (NHTSA) required the installation of ABS in addition to Electronic Stability Control (ESC).
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Anti Lock Braking System Abs And Electronic Stability Control Esc System Industry. Request a Free Sample PDF!
Segmenting the Anti Lock Braking System Abs And Electronic Stability Control Esc System market by is essential for understanding industry dynamics and identifying key demand drivers. refer to the specific use cases or end-user industries that rely on Anti Lock Braking System Abs And Electronic Stability Control Esc System products and services. These applications span a wide range of sectors, including healthcare, manufacturing, retail, aerospace, automotive, and telecommunications, among others. By analyzing the market based on its applications, businesses can gain valuable insights into which industries are adopting Anti Lock Braking System Abs And Electronic Stability Control Esc System solutions most effectively and where new opportunities are emerging. Additionally, tracking application trends helps identify high-growth industries, areas of innovation, and market saturation levels, allowing companies to strategically position themselves in the most promising and profitable segments.
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Some of the key of Anti Lock Braking System Abs And Electronic Stability Control Esc System are:
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Research Associate at Cognitive Market Research
Sumedha Gosavi is a Research Analyst with a specialized focus on the automobile and transportation sectors. With over two years of experience, she excels in conducting in-depth secondary research, competitive analysis, and market forecasting to deliver actionable insights that drive strategic decision-making.
In her current role, Sumedha leads research initiatives in the dynamic fields of automotive and transportation, identifying key trends, technological advancements, and market opportunities. Her ability to craft tailored research methodologies and distill complex data into clear, impactful strategies has been instrumental in enhancing her organization’s competitive edge.
With a deep passion for innovation in mobility and a commitment to continuous learning, Sumedha remains at the forefront of industry developments. Her expertise and analytical acumen make her an invaluable asset in navigating the ever evolving landscape of automobile and transportation research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Anti Lock Braking System Abs And Electronic Stability Control Esc System Market is witnessing significant growth in the near future.
In 2023, the Motorcycles segment accounted for noticeable share of global Anti Lock Braking System Abs And Electronic Stability Control Esc System Market and is projected to experience significant growth in the near future.
The segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Robert Bosch GmbH (Germany) , Continental AG (Germany) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Vehicle Type | Motorcycles, Passenger Cars, Commercial Vehicles |
List of Competitors | Robert Bosch GmbH (Germany), DENSO Corporation (Japan), Continental AG (Germany), ZF Friedrichshafen AG (Germany), Murata Manufacturing Co. Ltd. (Japan), AISIN CORPORATION (Japan), VALEO (France), Mando Corp. (South Korea), Aptiv (U.S.), Tata Motors (India), Ford Motor Company (U.S.), Veoneer HoldCo LLC. (Sweden), HYUNDAI MOBIS (Sweden), Autoliv (Sweden), Haldex (Sweden) |
This chapter will help you gain GLOBAL Market Analysis of Anti Lock Braking System Abs And Electronic Stability Control Esc System. Further deep in this chapter, you will be able to review Global Anti Lock Braking System Abs And Electronic Stability Control Esc System Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Anti Lock Braking System Abs And Electronic Stability Control Esc System. Further deep in this chapter, you will be able to review North America Anti Lock Braking System Abs And Electronic Stability Control Esc System Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Anti Lock Braking System Abs And Electronic Stability Control Esc System. Further deep in this chapter, you will be able to review Europe Anti Lock Braking System Abs And Electronic Stability Control Esc System Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Anti Lock Braking System Abs And Electronic Stability Control Esc System. Further deep in this chapter, you will be able to review Asia Pacific Anti Lock Braking System Abs And Electronic Stability Control Esc System Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Anti Lock Braking System Abs And Electronic Stability Control Esc System. Further deep in this chapter, you will be able to review South America Anti Lock Braking System Abs And Electronic Stability Control Esc System Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Anti Lock Braking System Abs And Electronic Stability Control Esc System. Further deep in this chapter, you will be able to review Middle East Anti Lock Braking System Abs And Electronic Stability Control Esc System Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Anti Lock Braking System Abs And Electronic Stability Control Esc System. Further deep in this chapter, you will be able to review Middle East Anti Lock Braking System Abs And Electronic Stability Control Esc System Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Anti Lock Braking System Abs And Electronic Stability Control Esc System. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Vehicle Type Analysis 2019 -2031, will provide market size split by Vehicle Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Vehicle Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Anti Lock Braking System Abs And Electronic Stability Control Esc System market
Chapter 11 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 12 Research Methodology and Sources
Why Motorcycles have a significant impact on Anti Lock Braking System Abs And Electronic Stability Control Esc System market? |
What are the key factors affecting the Motorcycles and Passenger Cars of Anti Lock Braking System Abs And Electronic Stability Control Esc System Market? |
What is the CAGR/Growth Rate of during the forecast period? |
By type, which segment accounted for largest share of the global Anti Lock Braking System Abs And Electronic Stability Control Esc System Market? |
Which region is expected to dominate the global Anti Lock Braking System Abs And Electronic Stability Control Esc System Market within the forecast period? |
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Additional Qualitative Data |
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