Global Automotive Electronic Brake System (EBS) Market 2023-2029
The global automotive electronic brake system market is projected to rise by USD 10.2 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 5.68 percent during the forecast period. An Automotive Electronic Brake System, or EBS, is a type of brake system used in modern vehicles that uses electronic sensors and control modules to control the brake system. Unlike traditional hydraulic brake systems, which rely on pressurized fluid to engage the brakes, an EBS uses electronic signals to activate the brakes.An Automotive Electronic Brake System, or EBS, is a type of brake system used in modern vehicles that uses electronic sensors and control modules to control the brake system. Unlike traditional hydraulic brake systems, which rely on pressurized fluid to engage the brakes, an EBS uses electronic signals to activate the brakes.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global automotive electronic brake system market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the component, technology, sales channel, vehicle type, and region. The global market for automotive electronic brake system can be segmented by component: sensors, actuators, control units, others. The control units segment is estimated to account for the largest share of the global automotive electronic brake system market. Automotive electronic brake system market is further segmented by technology: brake assistance, autonomous emergency braking, electronic stability control, anti lock braking system. The anti lock braking system segment held the largest revenue share in 2022. Based on sales channel, the automotive electronic brake system market is segmented into: OEM, aftermarket. Globally, the OEM segment made up the largest share of the automotive electronic brake system market. On the basis of vehicle type, the automotive electronic brake system market also can be divided into: passenger cars, LCV, HCV. The passenger cars segment was the largest contributor to the global automotive electronic brake system market in 2022. Automotive electronic brake system market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
Market Segmentation
By component: sensors, actuators, control units, others
By technology: brake assistance, autonomous emergency braking, electronic stability control, anti lock braking system
By sales channel: OEM, aftermarket
By vehicle type: passenger cars, LCV, HCV
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report has also analysed the competitive landscape of the global automotive electronic brake system market with some of the key players being Advics Co., Ltd., Continental AG, Haldex AB, Knorr Bremse AG, Robert Bosch GmbH, ZF Friedrichshafen AG, Halla Group, Akebono Brake Industry Co., Ltd., KUESTER Holding GmbH, Brembo S.p.A., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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