Antilock Braking System (ABS) Market (Updated Version Available)

The report offers detailed coverage of Antilock Braking System (ABS) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Antilock Braking System (ABS) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Anti-lock braking system (ABS) is an automotive safety system, allowing the wheels to maintain tractive contact with the road surface according to driver inputs while braking, preventing the wheels from locking up (ceasing rotation) and avoiding uncontrolled skidding. In general, anti-lock braking system (ABS) can benefit in two ways: stop faster and be able to steer while you stop.

There are four main components to an ABS system: speed sensors, pump, valves and controller. Speed sensors, located at each wheel, can provide the information that when a wheel is about to lock up. The valve is in the brake line of each brake controlled by the ABS. When a valve reduces the pressure in a line, the pump is there to get the pressure back up. The controller is a computer in the car, watching the speed sensors and controlling the valves.
Due to the policy promotion and fast developing automotive market, new vehicles\' assembly rate of ABS is growing faster. Demand from the downstream brings a power to the development of antilock braking system industry. In recent years, growing China market became an important driving force for ABS. Many foreign manufacturers enter into China by investment and joint venture. At present, a few companies occupy most of ABS market. They are Bosch, Continental Teves, TRW, ADVICS and Hyundai Mobis etc.
At present, there are many domestic manufacturers in China. Most of the domestic companies have lower technology and financial ability and they are facing the competition from the foreign companies.
As the development of new energy vehicles, more demands will come from the new energy vehicles. To feed these new demands, antilock braking system manufacturers need to accelerate the technical upgrading of ABS.

The report forecast global Antilock Braking System (ABS) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Antilock Braking System (ABS) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Bosch
Continental
TRW
ADVICS
Hyundai Mobis
Mando
Wabco
Knorr-Bremse
Hitachi
Nissin Kogyo
Junen
Wanxiang
APG
Kormee
Dongfeng Electronic
Guangzhou Sivco


At the same time, we classify Antilock Braking System (ABS) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
One-channel ABS
Two-channel ABS
Three-channel ABS
Four-channel ABS
Market by Application
Passenger Car
Commercial Vehicle

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Antilock Braking System (ABS) market for the forecast period 2021 - 2025?
• What are the driving forces in the Antilock Braking System (ABS) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Antilock Braking System (ABS) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?