$64.5 Billion Worldwide Electronic Stability Control (ESC) Industry to 2030 - Featuring Continental, Delphi Automotive, Denso and Hitachi Among Others

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Feb 02, 2023, 15:20 ET

DUBLIN, Feb. 2, 2023 /PRNewswire/ -- The "Electronic Stability Control (ESC) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Electronic Stability Control (ESC) estimated at US$34.4 Billion in the year 2022, is projected to reach a revised size of US$64.5 Billion by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030.

Passenger Cars, one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach US$43.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Light Commercial Vehicles segment is readjusted to a revised 7.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $10.1 Billion, While China is Forecast to Grow at 7.6% CAGR

The Electronic Stability Control (ESC) market in the U.S. is estimated at US$10.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11.1 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.

Select Competitors (Total 33 Featured) -

Continental AG
Delphi Automotive PLC
Denso Corporation
Hitachi Ltd.
Hyundai Mobis Co., Ltd.
Knorr-Bremse AG
Mando Corporation
Robert Bosch GmbH
ZF Friedrichshafen AG

What`s New for 2023?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Electronic Stability Control (ESC) - Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Need to Improve Road Safety and Reduce Accidents Fuels Growth in the ESC Systems Market
Mandatory Use of ESC in New Passenger Cars Augurs Well for the Market
Rear Wheel Drive Segment Dominates ESC Systems Market by Drive Type
Passenger Cars Lead Global ESC Systems Market
Asia-Pacific to Drive Future Growth
An Intensely Competitive Market
Global ESC System Market - Percentage Breakdown of Sales by Leading Players

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Automobile Production Trends Set the Tone for ESC Systems Market
World Production of Light Vehicles in Million Units for the Period 2015-2023
Electronic Brakeforce Distribution System Market: Favorable Growth Outlook
Global Electronic Brake Force Distribution (EBD) System Market - Percentage Breakdown of Sales by Application
Anti-lock Braking System (ABS) Market Driven by the Enhanced Focus of Automakers on Reducing Accidents
Traction Control Systems Market: Increasing Focus on Safety Drives Growth
Motorcycle Stability Control Market: Less Stability of Two-Wheelers Fuels Growth
Motorcycle TCS Market - Growing Sales of Big Capacity Motorcycles Fuels Prospects
Japan and EU to Mandate AEB Standard in New Cars and LCVs from 2020
Product Overview
Electronic Stability Control (ESC) - An Introduction
Electronic Brakeforce Distribution (EBD) - Definition
An Insight into the Functioning of EBD System
Traction Control System (TCS)
Anti-Lock Braking System (ABS)
Vehicle Dynamics Control Systems

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/vb2i0h

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