Autonomous emergency braking predicted to grow by 22 per cent by 2025

MarketsandMarkets’ latest research report estimates that the marker for autonomous emergency braking (AEB) systems is projected to grow and reach US$55.31 billion by 2025, growing at a CAGR of 22.23% from 2020 to 2025. Government mandates in European countries and the US and rising safety concerns shall be the major drivers for the growth of this market. By vehicle type, the passenger vehicle segment is projected to lead the AEB market in terms of value
September 22, 2017 Read time: 2 mins

6418 MarketsandMarkets’ latest research report estimates that the marker for autonomous emergency braking (AEB) systems is projected to grow and reach US$55.31 billion by 2025, growing at a CAGR of 22.23% from 2020 to 2025. Government mandates in European countries and the US and rising safety concerns shall be the major drivers for the growth of this market.

By vehicle type, the passenger vehicle segment is projected to lead the AEB market in terms of value, the primary reason being greater concern about safety amongst passenger vehicle users compared with commercial vehicle users. The higher volume of passenger vehicles compared with commercial vehicles also acts as a factor to increase the share of autonomous emergency braking (AEB) systems in the segment.

High speed inter-urban AEB systems are those systems that generally operate at higher speeds and across inter-urban road conditions. In coming years, the report predicts that off-road activities per consumer and number of sports-utility vehicles (SUV) will rise globally. It also projects that the overall number of vehicles operating in inter-urban road conditions will grow.

The Asian region is expected to hold around 50 per cent of global passenger vehicle production and high production volume and higher penetration of AEB systems in countries such as Japan and South Korea are expected to contribute towards growth of AEB systems in Asia.

Location Based Systems

For more information on companies in this article

Related Content

  • Cable cars come of age in trans-continental expansion
    April 30, 2015
    David Crawford explores a high-level option of public transport. Sharing its origin with that of ski lifts at winter sports resorts in the European Alps, urban aerial cable transport is attracting growing interest as a low-footprint, low-energy alternative to conventional public transport that can swoop over ground-level traffic congestion.
    Read More
  • Call for targeted safety measures to prevent road deaths among young drivers
    January 26, 2017
    Zero tolerance on drink driving, additional hazard perception training and graduated forms of licensing should become the norm to help tackle the risks faced by young drivers and motorcycle riders in Europe, according to the YEARS report (Young Europeans Acting for Road Safety. More than 3,800 young people (aged 18-24) are killed each year on EU roads – the biggest single cause of death for this age group. A report by the European Transport Safety Council (ETSC) and the UK Parliamentary Advisory Council
    Read More
  • MaaS is at the ‘baby steps’ stage – but needs to get up and running soon
    April 16, 2018
    Data sharing between organisations remains a potential problem for Mobility as a Service projects, attendees at February's MaaS Market conference in London were told. Alan Dron listens in on the presentations.
    Read More
  • Europe’s heavy trucks ‘no more fuel-efficient than ten years ago’
    December 4, 2015
    A study by the International Council on Clean Transportation (ICCT) claims that trucks in the European Union are no more fuel-efficient than they were a decade ago. The study, which analyses data from the European commercial trucking market, looking at key member states, manufacturers and fuel consumption trend, found that heavy-duty vehicles represent only four per cent of the on-road fleet in the European Union, but are responsible for 30 per cent of on-road CO2 emissions. In contrast, the study cla
    Read More

Highlighted Content