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

  • Study: Daimler, Audi, BMW, GM lead on autonomous vehicles
    October 20, 2015
    A new Leaderboard Report from Navigant Research examines the strategy and execution of 18 original equipment manufacturers (OEMs), including company profiles and rankings, to provide industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the developing autonomous vehicle market. The report, Navigant Research Leaderboard Report: Autonomous Vehicle OEMs, examines the strategy and execution of 18 global vehicle manufacturers that are involved in the emerg
    Read More
  • The bottom line - US surface transportation system needs major investment
    December 12, 2014
    The 2015 Bottom Line Report on transportation investment needs, released by the American Association of State Highway and Transportation Officials and the American Public Transportation Association, estimates that to meet current demand it will require an annual capital investment over six years by all levels of government in the amount of $120 billion in the nation’s highway and bridge network and US$43 billion in America’s public transportation infrastructure. To meet the combined surface transportation
    Read More
  • Advanced telematics and integration to revolutionise global connected car market
    May 22, 2015
    Advanced infotainment systems, over-the-air (OTA) updates, big data analytics, mobility services and in-car security are key technologies that will shape the global connected car market in 2015. Human machine interface (HMI) input and output solutions, as well as, heads up display (HUD) are set to take centre stage. However, car makers must create consumer-centric HMI solutions that will strike a balance between reducing driver distraction and meeting consumer need for connected services. New analysis f
    Read More
  • Battery bottleneck: EV roll-out at risk
    June 17, 2019
    In order for the take-up of electric vehicles – a key part of the future mobility mix - to grow, we need batteries. And that might prove tricky, reports Graham Anderson Industry and commodities experts fear that the growth in electric vehicles (EVs) could be much slower than predicted due to bottlenecks in global battery market supply chains. “People seem to think that the switch from the internal combustion engine to electric vehicles just means you plug your car in rather than fill it with petrol,” a
    Read More

Highlighted Content