Global Anti-Lock Braking System Market 2016-2020

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Mar 21, 2016, 07:19 ET

NEW YORK, March 21, 2016 /PRNewswire/ --

About Anti-Lock Braking System

An ABS is an automobile safety system that helps motor vehicles maintain tractive contact with the road surface while braking. ABS is broadly classified under active safety systems that work on cadence-braking and threshold-braking principles. It prevents the wheels from locking, thereby avoiding uncontrollable skidding after the application of brakes. ABSs were first introduced in the 1980s and gained popularity in the 1990s in developed countries, such as the US and Canada

The installation of ABSs in motor vehicles improves vehicular control and reduces the stopping distance on both dry and slippery surfaces. ABSs can increase the braking distance while retaining enhanced vehicle control over loose gravel or snow. Current ABS technologies not only prevent the locking of wheels under braking, but also control the front-to-rear brake bias electronically. This function is known variously as electronic brakeforce distribution, traction control system, and emergency brake assist.

Technavio's analysts forecast the global ABS market to grow at a CAGR of around 6% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global ABS market for the period 2016-2020 in this report. To calculate the market size, the sales revenue from ABSs were considered based on the historic pattern with base year 2015.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe

Technavio's report, Global Anti-Lock Braking System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Autoliv
- Continental
- Delphi Automotive
- Bosch

Other prominent vendors
- Aisin Seiki
- Beijing Automotive Research Institute
- Haldex
- Hitachi Automotive Systems
- Jiaozuo Brake
- Nissin Brake Ohio

Market driver
- Increasing demand for safety solutions
- For a full, detailed list, view our report

Market challenge
- Inconsistent stop times
- For a full, detailed list, view our report

Market trend
- Increasing adoption of advanced safety features
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Read the full report: http://www.reportlinker.com/p03696545-summary/view-report.html

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