The global autonomous emergency braking market is likely to gain momentum from the growing emphasis by the governments across the world on the manufacturers to install the advanced braking system in every type of vehicle. This information is given by Fortune Business Insights™ in a recently published report, titled, “Autonomous Emergency Braking (AEB) Market Size, Share & Industry Analysis, By Brake Type (Disc, Drum), By Technology Type (Crash Imminent Braking, Dynamic Braking Support) By Vehicle Type (Passenger Cars, Commercial Vehicles), and Regional Forecast, 2019-2026.” The report further states that the AEB market size was USD 2.8 billion in 2018 and is projected to reach USD 5.1 billion by 2026, exhibiting a CAGR of 8.1% during the forecast period.

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List of key Autonomous Emergency Braking (AEB) Market Manufacturers include:

Robert Bosch GmbH
Delphi Automotive LLP
Continental AG
ZF Friedrichafen AG
Hyundai Mobis
Aisin Seiki Co. Ltd
Hitachi Automotive System Ltd
Mando Corporation
Netradyne
Regional Analysis-

Asia Pacific to Dominate Fueled by Availability of Cost-effective Raw Materials

In terms of region, the market is categorized into Asia Pacific, Europe, North America, and the rest of the world. Amongst these, Asia Pacific is expected to generate the maximum autonomous emergency braking market revenue and dominate during the forthcoming period. This growth is attributable to the mandatory installation of this braking system in countries, namely, China, India, and Japan. Also, raw materials are available in this region at very low cost. It would also contribute to the market growth. Europe, on the other hand, is projected to remain in the second position backed by the implementation of strict government rules and laws regarding the installation of safety equipment in all types of vehicles.

Key Companies Introduce New AEB Systems to Boost Sales

The market houses numerous small, medium, and big enterprises that are working towards fulfilling the urgent demand from their large consumer bases. They are conducting many research and development activities to unveil state-of-the-art products and gain more sales. Below are two of the latest key industry developments:

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Major Industry Developments of the Market include:

January 2019: Valeo introduced its brand new innovations that would transform digital mobility, powertrain electrification, and autonomous vehicles at CES 2019 in Las Vegas. The company’s two unique products, namely, Valeo Voyage XR and Valeo Drive4U® Remote would aid in stimulating the virtual presence of an individual, as well as in operating autonomous vehicles remotely, respectively.

December 2017: Netradyne launched its ADAS solution specially created for Indian road conditions. It is a part of its Driveri™ platform. It is a vision-based system equipped with 4 cameras on the windscreen to enable fleet managers in detecting positive driver performance and improving safety in commercial vehicles.

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