The automotive predictive emergency braking system is an automotive braking system which detects the distance of the preceding vehicle and provides potential emergency braking. The automotive predictive emergency braking system becomes active when the vehicle starts and automatically applies full braking to avoid potential collision and crash. Automotive predictive emergency braking systems are usually installed in the latest models of cars such as Jaguar XF, Chevrolet Corvette Stingray, BMW 7series, Audi R8, and Mercedes-Benz S-class.
Rise in demand for technological advancement in braking system in modern car is expected to be a key factor to drive the demand for automotive predictive emergency braking system during the forecast period. An automotive predictive emergency braking system supports the braking system of the vehicle during all times (day and night) and during any speed. It calculates the vehicle’s rate of deceleration to avoid a crash and provides a warning via an audible or visual signal to the driver of the vehicle. The automotive predictive emergency braking system reduces expensive repair costs by avoiding a collision, thereby making the vehicle more efficient. The automotive industry is estimated to witness an increase in adoption of the automotive predictive emergency braking system due to its immediate braking response and technological advancements in the automotive industry. High cost of Predictictive Emergency Braking System may play as a deterring factor for Predictictive Emergency Braking System market.
The automotive predictive emergency braking system market can be segmented based on, technology, vehicle type, end-user, distance radar, and region. Based on technology, the automotive predictive emergency braking system market can be segmented into adaptive braking and full braking. Full braking provides extra pressure on the brake if the driver fails to give appropriate braking whereas adaptive braking access the entire braking system and avoid collision of the vehicle even if the driver fails to react on critical situation
Based on vehicle, the automotive predictive emergency braking system market can be classified into passenger vehicles and commercial vehicles. The passenger vehicles segment is further sub-segmented into sedans, multi-purpose vehicles, and sport utility vehicles. The commercial vehicles segment is further split into lightweight commercial vehicles and heavy commercial vehicles. Based on end-user, the automotive predictive emergency braking system market can be segmented into luxury cars, mid-segmented cars, and sports cars.
Based on distance radar, the automotive predictive emergency braking system market can be segregated into short distance radars, mid distance radar, long distance radar. The long distance radar segment holds a prominent share of the market. It detects a larger distance between the vehicles and avoids a collision or crash.
In terms of geography, the automotive predictive emergency braking system market can be segmented into Asia Pacific, Europe, North America, Latin America, and Rest of the World (ROW). North America accounts for a major share of the global automotive predictive emergency braking system market due to the booming automotive sector in the region, leading to increased number of vehicles installed with automotive predictive emergency braking system. Countries in Asia Pacific, especially China, Japan, India, and South Korea are expected to witness an increase in demand for automotive predictive emergency braking system in automotive industry during the forecast period due to the high adoption rate of automotive predictive emergency braking systems in the region. The automotive predictive emergency braking system market in Europe, especially in France, the U.K., Germany, and Italy, is expected to expand at a rapid pace due to technological advancement in the braking system of vehicles during the forecast period.
Key players operating in the global automotive predictive emergency braking system market are Robert Bosch GmbH, AISIN SEIKI Co., Ltd., Continental AG, ZF Friedrichshafen AG, Wabco, Hitachi Ltd, Autoliv Inc., Haldex, HYUNDAI MOBIS., Delphi Automotive LLP, and Mando Corp.
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