Automotive Advanced Emergency Braking System Market Size, Demand, Price and Analysis to 2020

Submitted by: Submitted by

Views: 10

Words: 780

Pages: 4

Category: Business and Industry

Date Submitted: 09/28/2016 11:58 PM

Report This Essay

Technavio Announces the Publication of its Research Report Global Automotive Advanced Emergency Braking (AEB) System Market 2016-2020

Technavio recognizes the following companies as the key players in the global automotive advanced emergency braking (AEB) system market: Bosch, Continental AG, Delphi, and ZF-TRW.

Other Prominent Vendors in the market are: Autoliv, and Mobileye.

Browse full report with TOC@ https://marketreportscenter.com/reports/388404/global-automotive-advanced-emergency-braking-system-market-2016-2020

Commenting on the report, an analyst from Technavios team said: Advanced braking technologies will be a key trend for market growth. Along with artificial intelligence, high-performance vehicle-positioning and cloud connectivity, radar, and LiDAR-based camera assisted braking technologies would play a vital role in the future of automated cars. Automotive AEB system is serving as a base for making autonomous or future driverless cars a reality. LG and Mercedes-Benz, the two renowned brand in the gadgets and automobile markets, have collaborated to create stereo camera systems that would be used in future driverless cars.”

According to the report, electrification of automotive components for efficient braking and higher fuel efficiency will be a key driver for market growth. Since the late 21st century, automotive innovation is primarily driven by government regulations. As the automotive industry is a major contributor of environmental pollution, various governing bodies worldwide have directed regulations to reduce vehicle emissions along with increasing the fuel economy of vehicles. To comply with the regulations, OEMs and tier-1 suppliers have been actively investing in technologies to either reduce the overall weight of the vehicle. They are introducing electronically controlled vehicle mechanism to obtain higher accuracy in functioning, leading to higher fuel efficiency and reducing tailpipe emissions.

Further, the report...