Automotive Electronic Braking System (Ebs) Market

Key Insights

The Global Automotive Electronic Braking System (Ebs) Market is valued at USD 943.49 Million in 2023 and is projected to reach a value of USD 2736.19 Million by 2032 at a CAGR (Compound Annual Growth Rate) of 14.2% between 2024 and 2032.

Overview and Description

EBS electronic braking system enables optimisation of the drive and braking operations of the vehicles. The basic functions within EBS include an electropneumatic brake, ABS Anti-lock Braking System and TCS Traction Control System. Electronic adjustment of the braking force in each respective braking situation can also reduce the wear in associated components – thus improving the cost-effectiveness of the entire braking system. It also facilitates monitoring and maintenance of the braking system.

This report provides an analysis of the Automotive Electronic Braking System (Ebs) Market for the historic period of 2022–2022 and forecasts for 2023–2032 while 2022 is considered as a base year for estimations. The report includes exhaustive analysis of segments, regions and countries comprising of market size and estimations in terms of revenue for the years 2023–2032. There regional section of the report is bifurcated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Moreover, the report also covers a thorough insights on various tools such as SWOT analysis, PEST analysis, value chain analysis, Porter’s five forces analysis, pricing analysis, and technology roadmap among others. These assessments aid the industry stakeholders to analyze the Automotive Electronic Braking System (Ebs) Market on the basis of different parameters, such as forward/backward integration, economies of scale, the share of various distribution channels, various factors affecting consumer behavior such as brand loyalty, price, and product availability among others, capital investments, regulatory landscape, production rights and patents, promotional strategies, and other customer preferences. This data is likely to help the industry stakeholders and stimulate the decision-making process.

COVID-19 Impact Analysis

The COVID-19 outbreak has affected various industries worldwide. The Automotive Electronic Braking System (Ebs) Market is no exception. Governments across the world took severe actions like border seals, lockdown, and implementing strict social distancing measures, in order to stop swift spread of COVID-19. These actions led to severe impact on the global economy. Industrialist across the globe were forced to halt their production, leading to supply chain disruptions and impairing of various industries. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.

The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

• Impact Assessment of COVID-19 Pandemic
• Pre & Post COVID-19 Market Size
• Qualitative analysis on the short term & long-term impact of COVID-19 on the market
• The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Industry Analysis

The report covers exhaustive analysis on the global Automotive Electronic Braking System (Ebs) industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. It includes an extensive competitive landscape covering key players in the industry and their comparative study on the basis of different parameters such as company overview, product portfolio, market revenue, business, and marketing strategies. Moreover, the report covers a thorough analysis drivers, restraints, and opportunities considering regional growth factors, technological advancements, and availability of substitute, regulatory norms, and such other growth impacting factors.

The rising vehicle sale and manufacturing across the globe is anticipated to augment the growth of the Automotive Electronic Braking System (Ebs) Market during the forecast period. This is owing to the rapid urbanization, increasing industrialization, increasing disposable income of the consumers, and advancement in technologies. Furthermore, the increasing adoption of personal vehicles has also increased the global sales of automobiles and hence its production by the manufacturers as well which in turn is expected to support the growth of the Automotive Electronic Braking System (Ebs) Market in the forecast period.

The increasing awareness associated with the drivers and passenger’s safety is anticipated to augment the growth of the Automotive Electronic Braking System (Ebs) Market over the forecast period. This is attributable to the increasing number of accidents across the globe. Most of the manufacturers are now focussing on employing advanced electronic brake systems in their automobiles to provide improved safety to both the passengers and vehicles.

The availability of low-cost substitutes by local manufacturers in various countries is projected to restrain the growth of the Automotive Electronic Braking System (Ebs) Market. Additionally, using such substitutes may result in early failure of the systems and result in fatal injuries which may further hamper the market growth.

Market Segmentation

The report delivers an acute breakdown of the market based on various segments such as Product Type, Sales Channel, Vehicle Type and region. The report will cover market estimations and forecast for each segment by region for the years 2019–2032. Several growth factors and opportunities impacting various segments have been incorporated in the report.

On the basis of Product Type, the market is divided into Electronic Stability Control, Adaptive Cruise Control, Anti-lock Braking System, Differential Slip Control, Traction Control System. Electronic Stability Control held the largest share in 2022 and is projected to witness substantial growth during the forecast period.

Based on Sales Channel, the market is divided into OEM, Aftermarket. OEM attributed to the highest market share and is expected to grow at a significant CAGR from 2023 to 2032.

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• Competitor Benchmarking
• Market Trends Heatmap
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• Market Sentiment Analysis
• Demographic and Geographic Insights

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Regional Analysis: Preview

Based on the geography, the Global Automotive Electronic Braking System (Ebs) Market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The regional analysis covers market estimations and forecast for each segment for each region for the years 2023–2032. The regional analysis section also provides qualitative analysis comprising of regional trends such as drivers, restraints, opportunities and regulatory norms. Moreover, the regional sections if further bifurcated into key country level markets for better understanding of the market.

Competitive Landscape

The Global Automotive Electronic Braking System (Ebs) Market report provides an exhaustive competitive landscape to give a comprehensive synopsis of the global market. Major players in the Automotive Electronic Braking System (Ebs) Market are Navteq, CTS Corporation, Delphi Automotive LLP, Visteon Corporation, Ficosa International S.A., Freescale Semiconductor, Valeo SA, Denso, Bendix CVS, Gentex.. This section of the report comprising of a thorough profiling of companies based on various parameters such as company/business overview, portfolio analysis, business strategies, financial performance, geographical presence, and recent developments among others. Moreover, the report also includes extensive information on key strategies such as new product development/launch, merger & acquisitions, partnerships, collaborations & joint ventures, research & development, and regional expansion.

The Global Automotive Electronic Braking System (Ebs) Market can be categorized as Type, Application, End-Use Industry, and Region.