Global Electronic Braking Systems Market Growth 2023-2029

Global Electronic Braking Systems Market Growth 2023-2029

Electronic braking system (EBS) is an automobile brake technology that automatically varies the amount of force applied to each of a vehicle's brakes, based on road conditions, speed, loading, etc. Always coupled with anti-lock braking systems, EBS can apply more or less braking pressure to each wheel in order to maximize stopping power whilst maintaining vehicular control. Typically, the front end carries the most weight and EBS distributes less braking pressure to the rear brakes so the rear brakes do not lock up and cause a skid.

LPI (LP Information)' newest research report, the “Electronic Braking Systems Industry Forecast” looks at past sales and reviews total world Electronic Braking Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Braking Systems sales for 2023 through 2029. With Electronic Braking Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Braking Systems industry.

This Insight Report provides a comprehensive analysis of the global Electronic Braking Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Braking Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electronic Braking Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Braking Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Braking Systems.

The global Electronic Braking Systems market size is projected to grow from US$ 748.1 million in 2022 to US$ 2007.6 million in 2029; it is expected to grow at a CAGR of 2007.6 from 2023 to 2029.

Europe region is the largest supplier of electronic braking systems (EBS), with a production market share nearly 52% in 2017. North America is the second largest supplier of electronic braking systems (EBS), enjoying production market share nearly 13% in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Braking Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Disc EBS
Drum EBS

Segmentation by application
Truck
Trailer
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Continental
Advics Group
WABCO
Knorr Bremse
Bosch
Haldex
MAN

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electronic Braking Systems market?

What factors are driving Electronic Braking Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electronic Braking Systems market opportunities vary by end market size?

How does Electronic Braking Systems break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.