Braking Systems Software Market

Braking Systems Software Market: Introduction

• Electronic braking systems have been around for close to two decades now. However, considering the transition of the automobile industry to electric vehicles, it is only sensible and reasonable to consider that fully electronic braking systems would replace the current partial electric braking systems.
• This transition in propulsion technology has triggered a domino effect in other systems as well. Complete brake by wire systems are just around the corner. This would change the entire dynamics of vehicle driving, as there would be no physical connect between the brakes and the brake pedal.
• The current generation of electronic brakes heavily depend on the traditional braking systems to perform actual braking. This setup has always had its advantages and disadvantages when it comes to the construction as well as operation.

Key Drivers of Braking Systems Software Market

• Advancements in the braking systems in terms of operating components can help reduce the overall weight of the system. It is expected to reduce the number of operation components and therefore, the chances of failures are likely to reduce.
• The new generation would help in better incorporation of autonomous driving systems, as the reliance separate operation mechanism would reduce, which in turn would improve the overall control of autonomous systems.
• These operating systems are expected to be a key component is combining separate systems as EBD, ABS, Torque Vectoring, traction control, etc. The operation being controlled by a single operating systems would be able to monitor the actual performance of components as well as offer better overall control of the system.

Opportunities of Braking Systems Software Market

• Braking systems are under constant use and the constant operations cause wear & tear of the brakes, which, if not monitored during periodic maintenance, can cause a catastrophe.
• A braking system software may be able to monitor the condition of brakes as well as expected life and can warn the driver to replace the brake pads. Software can modulate the braking forces on the basis of the level of grip.
• Performance features such as torque vectoring and dynamic cornering systems can be added to the vehicles, making the vehicles safer as well as more fun to drive
• ABS and EBD systems can be incorporated in the software of braking system. This incorporation is likely to reduce the need for extra hardware, reducing complexity of the mechanical components as well as system.

Challenges of Braking Systems Software Market

• Braking systems are among the most crucial systems in vehicles; therefore, being dependable and rugged is important. Moreover, it is important that there is a feedback from the system to the driver, as braking cannot be as an on/off switch. Therefore, it is vital to have fine calibration as well as the feedback from the system, which is estimated to be a key aspect that drives the adoption of the system in the future.
• Electronic systems are not very resilient toward environmental aspects such as moisture and dirt and dust. This is likely to pose a challenge to the operation of various systems controlled by software.
• The feedback from the system is crucial for manual driving, as humans are used to feedback based driving. Therefore, a lack of feedback may not be preferred by humans.

Regional Outlook of Braking Systems Software Market

• Some countries in Asia Pacific and a few in Africa are developing countries, which may find it difficult to integrate this software in vehicles used in these regions, as the vehicles are very basic and not very advanced in terms of technological integration.
• These countries are witnessing significant upgrade in technology due to the new safety norms by enacted by governments in their respective countries
• On the other hand, countries in Europe and North America would be able to easily adopt these technologies, as they have sophisticated vehicles and would not require considerable upgrades for incorporation of such systems.

Key Players Operating for Braking Systems Software Market

• Mercedes Benz Ag
• Volkswagen Ag
• Audi Ag
• Jaguar Land Rover Automotive Plc
• Continental Ag
• Robert Bosch Ag
• Brembo S.P.A.
• EBC Brakes
• Ford Motor Company
• Hyundai Motor Group
• Nissan Motor Co., Ltd.

Braking Systems Software Market, by Brake Type

• Disc Brakes
• Drum Brakes

Braking Systems Software Market, by Operation

• Hydraulic
• Pneumatic
• Electronic
• Mechanical

Braking Systems Software Market, by Vehicle Type

• Two Wheelers
• Passenger Vehicles
• Commercial Vehicles

Braking Systems Software Market, by Powertrain

• Electric
• Hydraulic
• Hybrid

Braking Systems Software Market, by Region

• North America
  • United States
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Sweden
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • ASEAN
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • Turkey
  • South Africa
  • Rest of Middle East & Africa