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Global Automotive Emergency Breaking Market Report

  • Report Code: IQ1686
  • Published Date: November, 2022
  • Pages: 100

Industry Overview

The Automotive Emergency Breaking market was valued at $6,905.4 Million in 2022, and is projected to reach $24,435.1 Million by 2032 growing at a CAGR of 13.53% from 2023 to 2032.Automotive emergency braking systems are becoming increasingly popular and are expected to become standard equipment on most vehicles in the near future. The main drivers for the growth of this market are the increasing focus on safety and the regulatory requirements for these systems. Opportunities for growth in this market include the development of advanced systems that can detect pedestrians and other obstacles, as well as the integration of emergency braking systems with other advanced driver assistance systems (ADAS) such as lane departure warning and adaptive cruise control. Trends in the market include the development of autonomous emergency braking systems and the use of artificial intelligence to improve the accuracy and responsiveness of these systems. Some of the top companies in the automotive emergency braking market include Bosch, Continental, Denso, and ZF Friedrichshafen. These companies have been actively involved in the development and deployment of emergency braking systems, and are constantly working to improve and advance the technology. In recent years, these companies have introduced a range of new products and technologies, such as autonomous emergency braking systems and advanced sensor systems, to meet the growing demand for these systems.

 

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