Report Description

Global Anti-Lock Braking System (ABS), By Vehicle Type (Passenger Car, Commercial Vehicle, Two-wheeler), By Sub-System (Sensors, Electronic Control Unit and Hydraulic Unit), By Company and By Geography, Forecast & Opportunities, 2024

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Automotive

Anti-lock braking system (ABS) system in vehicles offers several benefits such as stable braking characteristics on all road surfaces, reduced braking distance and reduced tier wear. Global ABS Market is expected to grow at a CAGR of over 6% over the next five years, on the back of rise in the number of on-road vehicles, increasing focus on vehicle safety and technological advancements. Moreover, according to Annual Global Road Crash Statistics, over 1 million people die every year in road crashes, which creates an urgent need for the Anti-Lock Braking System for safety purposes.

Years considered for this report:

Historical Year: 2014-17

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-24

Objective of the Study:

  • To assess the demand-supply scenario of ABS, which covers production, demand, supply, and net inventory status of ABS globally.
  • To analyze and forecast the market size of ABS, in terms of value as well as volume.
  • To classify and forecast global ABS based on Vehicle type, sub-system, demand category and regional distribution.
  • To identify drivers and challenges for global ABS market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global ABS market.
  • To conduct the pricing analysis for ABS.
  • To identify and analyze the profile of leading players involved in the manufacturing of global ABS.

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Some of the major players operating globally in ABS are Robert Bosch GmbH, Autoliv Inc., ZF TRW Automotive, Denso Corporation, Continental AG., Akebono Brake Industry Co. Ltd., Halla Mando Corp., WABCO, Hyundai Mobis, ADVICS Co., Ltd, Hitachi Automotive Systems, Ltd. etc.

To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of ABS manufacturers and dealers operating globally. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings, distribution channels, and regional presence of all major ABS supplier across the globe.

TechSci Research calculated the market size for global ABS using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as OICA, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Technology investors
  • Governments and financial institutions
  • Research organizations and consulting companies.
  • Research Institutes
  • Associations, organizations, forums and alliances related to ABS.
  • ABS Vehicles Manufacturing Companies
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as ABSs manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Global Anti-Lock Braking System (ABS) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Vehicle Type:
    • Passenger Cars
    • Commercial Vehicle
    • Two-Wheeler
  • Market, by Sub-System:
    • Sensors
    • Electronic Control Unit
    • Hydraulic Unit
  • Market, by Demand Category:
    • OEM
    • Replacement
  • Market, by Region:
    • Asia Pacific

§  China

§  India 

§  Japan

§  South Korea

§  Australia

§  Malaysia

§  Indonesia

    • Europe & CIS

§  Turkey

§  United Kingdom

§  Germany

§  Italy

§  France

    • North America

§  United States

§  Mexico

§  Canada

    • South America

§  Brazil

§  Argentina

§  Colombia

    • Middle East and Africa

§  Iran

§  Saudi Arabia

§  UAE

§  South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in ABS.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Raw Material Analysis

  • Detailed list of different raw materials used in production of ABS, list of existing suppliers of raw materials, pricing analysis of raw materials, analysis of difference between imported and domestically procured raw materials.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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