The automotive multi collision braking system is the latest technology integrated in vehicles to enhance the safety of the vehicle. The multi collision braking system activates after the primary collision of the vehicle by sensing the opening of airbags installed in the vehicle. The system decelerates the vehicle at a significant rate and reduces the vehicle speed to 10km/h to avoid multiple collisions of the vehicle. The system is directly controlled by the electronic stability control system.
The automotive multi collision braking system market is anticipated to expand during the forecast period due to rising concerns in society about active safety features in vehicles. Automotive multi collision braking system is an advanced feature that is integrated in premium segment vehicles, and penetration of the technology is likely to rise in the mid and entry level vehicles during the forecast period. Moreover, increasing integration of safety technology in vehicles by manufacturers to compete in the market along all the other vehicle manufacturers is likely to boost the automotive multi collision braking system market. Furthermore, there are certain drawbacks to the technology, such as serious damage in the primary impact can damage the braking system, which may lead to the failure of the system; however, the system is located in a well-protected area.
The global automotive multi collision braking system market can be segmented based on component, vehicle, and region. In terms of component, the automotive multi collision braking system market can be classified into anti-lock braking system, airbags, and electronic stability control unit. Anti-lock braking system and airbags segments are likely to hold a prominent share of the automotive multi collision braking system market, as these components are mandatory in most regions across the globe.
In terms of vehicle type, the passenger vehicle segment is likely to hold a major share of the automotive multi collision barking system market owing to the higher production of passenger vehicles as compared to commercial vehicles and the technology for heavy duty vehicles is still in the development phase. Moreover, passenger and light commercial vehicles manufactured by the Volkswagen Group are equipped with the multi collision braking system technology.
In terms of region, Europe is likely to dominate the automotive multi collision braking system market owing to the presence of major manufacturers in the region that integrate the system such as Volkswagen, Skoda, Subaru, Volvo, Ford, and Seat. Asia Pacific is likely to be another major automotive multi collision braking system market owing to the high production of the vehicles in the region. The automotive multi collision braking system market in Asia Pacific is expected to expand at a rapid pace due to significant expansion of the manufacturing industry in China and India.
Key players operating in the global automotive multi collision braking system market are Robert Bosch GmbH, Mobileye, Continental AG, Delphi Technologies, ZF Friedrichshafen AG, Autoliv Inc., Denso Corporation, and WABCO.
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