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Automatic Emergency Braking (AEB) Market Trends

  • Report ID: GMI1171
  • Published Date: Aug 2024
  • Report Format: PDF

Automatic Emergency Braking Market Trends

The market is seeing a significant shift towards integrating AEB with advanced driver assistance technologies, resulting in more comprehensive safety packages. Innovations now combine AEB with systems such as adaptive cruise control, lane-keeping assist, and collision avoidance. This evolution represents a broader industry trend toward sophisticated, multi-layered safety solutions aimed at enhancing vehicle safety and driver assistance. Automakers are increasingly including these technologies as standard features to comply with regulatory demands and address rising consumer expectations for enhanced safety. This integration not only boosts AEB effectiveness but also supports the development of semi-autonomous driving capabilities, paving the way for future advancements in autonomous vehicle technology.
 

For instance, in April 2023, Bosch introduced an advanced automatic emergency braking system that integrates AI and machine learning to enhance detection accuracy and response time. This system aims to reduce rear-end collisions by up to 72%, significantly improving road safety.
 

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The automatic emergency braking market was valued at USD 63.6 billion in 2023 and is anticipated to grow at over 5% CAGR between 2024 and 2032 owing to the regulatory pressures and stringent safety standards.

The low speed segment in the market is expected to reach over USD 45 billion by 2032 due to the rise in urbanization and traffic congestion.

North America automatic emergency braking market held over 35% share in 2023 as there is a strong consumer demand for enhanced safety technologies.

Autoliv Inc., Continental AG, Delphi Automotive LLP (now Aptiv PLC), Hyundai Mobis, Mobileye (an Intel Company), Robert Bosch GmbH, and ZF Friedrichshafen AG

Automatic Emergency Braking Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 554
  • Countries covered: 21
  • Pages: 220
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