Global Automotive Anti-Lock Braking System Market Research Report Feb-2017

Global Automotive Anti-Lock Braking System Market 2017-
2021
The Automotive Anti-Lock Braking System Market report contains a comprehensive market and vendor
landscape in addition to a SWOT analysis of the key vendors for 2017-2021. The following companies are
the key players in the global automotive anti-lock braking system market: Bosch, Continental, ZF,
Autoliv, and WABCO. Other Prominent Vendors in the market are: Brakes India, Hyundai Mobis, and
Mando.
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The latest trend gaining momentum in the market is focus by automotive governing councils to create
awareness for braking system will drive adoption of ABS. Transport Accident Commission (TAC) of State
of Victoria, Australia has conducted a mass media campaign to increase the rates of AEB in the country.
Earlier, the organization conducted various campaigns that have focused on specific safety features like
ESC and curtain bags that were supported by research demonstrating their potential safety benefits.
TAC conducted a mass media public education campaign to raise awareness and encourage consumers
to look for a vehicle with AEB.
According to the report, one of the major drivers for this market is growing demand for safety solutions
to increase ABS adoption in wider applications. Safety systems provide regular alerts to drivers to keep
them and their vehicles out of potentially hazardous situations. These systems prevent vehicle accidents
during critical situations and protect passengers from injuries.
Various active and passive automotive safety systems are being increasingly used as passenger safety
has become a prime concern for the automotive manufacturers.
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Further, the report states that one of the major factors hindering the growth of this market is design
complication owing to different scenario simulation. The complexity of the parts and complex
installation required for ABS poses a challenge for the global automotive ABS market.
As the applications of automotive ABS are increasing, the controlling part like control unit is becoming
increasingly complex in design. For instance, the design of control unit should consider the different
scenarios.