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

  • The long road to Spanish enlightenment
    October 22, 2018
    Julián Núñez, immediate past president of ASECAP, gets his teeth into the vision of a European strategy for toll roads. David Arminas reports from Madrid. Getting European politicians to agree to a long-term cross-border highway infrastructure programme for toll roads is extremely difficult. It’s a bit like pulling teeth: people want to avoid the pain. But pain is something that Spanish operators, including Abertis, OHL, ACS, FCC and Acciona, have been going through for the past decade. The country has
    Read More
  • Secretary Foxx sends six-year transportation bill to Congress
    March 31, 2015
    Over the past year, US Transportation Secretary Anthony Foxx has visited more than 100 communities and heard one common story about crumbling infrastructure and dwindling resources to fix it with. Foxx has now sent to Congress his solution to this problem: a long-term transportation bill that provides funding growth and certainty so that state and local governments can get back in the business of building things again. The Grow America Act reflects President Obama’s vision for a six-year, US$478 billion
    Read More
  • Cooperative infrastructures, cooperative enforcement?
    March 2, 2012
    A dozen years from now, will enforcement still be constrained by the legislative thinking which currently prevails? Or will the needs of the wider transport community bring about some welcome changes?
    Read More
  • Ford splashes out $29bn on EVs and AVs
    February 18, 2021
    Connected vehicle delivery will also increase as part of automaker's deal with Google
    Read More

Highlighted Content