Global Electronic Stability System Market Growth 2023-2029

Global Electronic Stability System Market Growth 2023-2029

The global Electronic Stability System market size is projected to grow from US$ 19230 million in 2022 to US$ 28560 million in 2029; it is expected to grow at a CAGR of 5.8% from 2023 to 2029.

United States market for Electronic Stability System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Electronic Stability System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Electronic Stability System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Electronic Stability System players cover Bosch, Continental, TRW Automotive, Denso, Aisin, Delphi Automotive, Hyundai Mobis, Knorr-Bremse and ZF, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Electronic stability control (ESC) is an active safety system which can be fitted to cars, buses, coaches and trucks. It is an extension of antilock brake technology, which has speed sensors and independent braking for each wheel. It aims to stabilise the vehicle and prevent skidding under all driving conditions and situations, within physical limits.

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

This Insight Report provides a comprehensive analysis of the global Electronic Stability System 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 Stability System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electronic Stability System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Stability System and breaks down the forecast by component, 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 Stability System.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Stability System market by product component, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by component
Sensor
ECU
Actuator
Others

Segmentation by application
Passenger Car
Commercial Vehicle

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.
Bosch
Continental
TRW Automotive
Denso
Aisin
Delphi Automotive
Hyundai Mobis
Knorr-Bremse
ZF
Hitachi
Johnson Electric
Ruili Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electronic Stability System market?

What factors are driving Electronic Stability System market growth, globally and by region?

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

How do Electronic Stability System market opportunities vary by end market size?

How does Electronic Stability System break out component, 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.