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

  • Government targets ‘too conservative’ as 1 in 5 plan to embrace electric cars
    July 20, 2017
    Electric vehicle uptake may increase over the next few years to levels far above UK Government targets. In research undertaken by Baringa Partners, nearly a fifth of people said they would consider buying an electric vehicle for their next car, double the Government goal for electric cars to make up nine per cent of the fleet by 2020. However, concerns over purchase price and range mean nearly a third of people believe electric cars will never overtake petrol and diesel vehicles. Baringa is urging the Gover
    Read More
  • Driverless vehicles will cause changes in society
    May 31, 2013
    Paul Godsmark gives his views on what the advent of autonomous vehicles would mean for the wider society. Further to your article ‘Driver not required…’ in the Jan/Feb edition of ITS International which gave some great background to autonomous road vehicle (ARVs), I feel that the bigger picture is needed to aid understanding. There is a ‘technology freight train’ heading our way that is going to transform our roadways but we don’t seem to be aware of it and, therefore, are in no hurry to react.
    Read More
  • Pedestrians still walking a tightrope in US
    August 23, 2024
    Although the Governors Highway Safety Association says annual US pedestrian traffic deaths fell for first time since Covid, they remain above pre-pandemic levels, finds David Arminas
    Read More
  • Investors point to bright future for micromobility
    January 23, 2020
    Some big names are looking to invest in transportation companies – and this new confidence in the future of MaaS and micromobility indicates a step change, says Ito World’s Johan Herrlin
    Read More

Highlighted Content