Autonomous Emergency Braking System (Aeb) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Autonomous Emergency Braking (AEB) Market
The global autonomous emergency braking (AEB) market size was valued at USD 31.35 billion in 2022 and is projected to grow from USD 35.68 billion in 2023 to USD 93.74 billion by 2030, exhibiting a CAGR of 14.8% during the forecast period of 2023-2030.
The COVID-19 outbreak has affected the AEB market, mainly due to the disruption of the global fee chain and the manufacturing system. A drop in vehicle manufacturing and income brought about a lower AEB adoption because key car players remained centered on assembly of the demand for essential automobiles, which were not on time for other improvements, affecting autonomous emergency braking (AEB) market growth.
The AEB market is well driven by several factors, some of which include the following: First, the demand for high safety systems; second, there are increasing regulatory measures; and third, the aim of decreasing road accidents. Governments around the globe are putting measures in place that recommend and enact strict safety standards to enhance the use of AEB systems on new cars.
Government mandates and regulations are the two forces that influence the AEB market’s growth. Automotive authorities globally impose strict standards to make the AEB system mandatory for inclusion as the standard for new car models. This has led to increased use of AEB systems since manufacturing companies seek to meet these regulations. For instance, seeing the importance of AEB systems in preventing accidents, the European Union made it compulsory to fit these systems in all new cars in 2014, impeding a global rise in autonomous emergency braking (AEB) market share. The United States has also established similar rules for light vehicles. Also, other countries have developed laws that mandate manufacturers to fit AEB systems in new cars, such as in Japan and South Korea.
Comprehensive Analysis of Autonomous Emergency Braking (AEB) Market
Segmentation of the AEB market is done by vehicle type, system, and technology. The overall structure of the market is led by the segment for passenger vehicles due to the rising concerns over safety and escalating constantly increasing statistics of accidents, which are expected to grow at a CAGR of 15—4%. Commercial vehicles are also emerging due to features such as governmental policies and safety standards. The market is again split into low-speed and high-speed AEB systems. Still, as of now, low-speed AEB systems are hugely used in the market since they help mitigate accident risks and lower the impact of an accident in slow-moving situations. The market is also classified by technology, where dynamic brake support (DBS) is anticipated to grow over the forecast period because of its prominence in enhancing braking and shortening the braking distance.
The North American region led the autonomous emergency braking (AEB) market by benefitting a size of USD 10.35 billion in 2022 due to the growing concern for road safety.
The leading players in the Autonomous Emergency Braking (AEB) market significantly influence its growth trajectory and set industry standards. These key players, including Robert Bosch GmbH (Germany), Continental AG (Germany), ZF Friedrichshafen AG (Germany), Delphi Automotive LLP (U.K.), Hyundai Mobis (South Korea), Aisin Seiki Co. Ltd (Japan), Hitachi Automotive System Ltd. (Japan), Mando Corporation (South Korea), Netradyne (India), and Valeo S.A. (France), contribute to a competitive landscape, driving innovation and market advancement in the AEB market.
In May 2023, Tesla greater its automated emergency braking gadget to characteristic in reverse equipment, aiming to enhance safety for both drivers and passengers even as reversing.
Segmentation Table
Attribute Details
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 14.8% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Vehicle Type
Passenger Vehicles
Commercial Vehicles
By System
Low Speed AEB
High Speed AEB
By Technology
Crash Imminent Braking
Dynamic Brake Support
By Geography
North America (By Vehicle Type, By System, By Technology)
- U.S. (By System)
- Canada (By System)
- Mexico (By System)
Europe (By Vehicle Type, By System, By Technology)
- U.K. (By System)
- Germany (By System)
- France (By System)
- Italy (By System)
- Rest of Europe (By System)
Asia Pacific (By Vehicle Type, By System, By Technology)
- China (By System)
- India (By System)
- Japan (By System)
- South Korea (By System)
- Rest of Asia Pacific (By System)
Rest of the World (By Vehicle Type, By System, By Technology)
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