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

  • Foundation funds research for informed campaigning
    April 29, 2015
    ITS International talks to Professor Stephen Glaister, director of the transport research and lobbying organisation, the RAC Foundation. It is through the eyes of an economist that Professor Stephen Glaister, emeritus professor of transport and infrastructure at Imperial College London and director of the RAC Foundation, views current and future transport problems. Having spent 30 years at the London School of Economics and another 10 at Imperial, the move to the RAC Foundation was a radical departure from
    Read More
  • Average speed cameras reduce injury collisions, says report
    October 31, 2016
    Research carried out into average speed camera (ASC) effectiveness by the UK’s RAC Foundation concludes that the implementation of ASCs in the locations that have been assessed in its report has had the effect of reducing injury collisions, and especially those of a higher severity. Even taking into account other influencing factors, the report says the reductions are large and statistically significant. Researchers analysed detailed accident data taken from 25 sites where average speed cameras were inst
    Read More
  • Toyota makes the case for V2V communication systems
    June 20, 2014
    Testifying on the future of surface transportation before the US House Committee on Science, Space and Technology’s Subcommittee on Research and Technology, Toyota vice president Kristen Tabar, from the Toyota Technical Centre said Toyota is leading the way to ensure the next generation of vehicle communication brings the highest levels of safety, quality, and convenience to consumers. As cars become more connected to each other and the world around them, a new set of benefits and challenges have emerged.
    Read More
  • Turning off red light cameras costs lives, new research shows
    July 29, 2016
    Red light camera programs in 79 large US cities saved nearly 1,300 lives through 2014, researchers from the Insurance Institute for Highway Safety (IIHS) have found. Shutting down such programs has cost lives, with the rate of fatal red-light-running crashes shooting up 30 per cent in cities that have turned off cameras. Red-light-running crashes caused 709 deaths in 2014 and an estimated 126,000 injuries. Red light runners account for a minority of the people killed in such crashes. Most of those killed
    Read More

Highlighted Content