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(IT-NEWSWIRE.COM, September 06, 2019 ) Market Overview
• Road conditions where hard braking may be necessary. ABS consists of four parts Speed Sensor, Valves, Electronic Control Unit, and Hydraulic Control Unit.
Market Dynamics
• Automotive ABS market depends on new automobile and bike sales globally. Another factor that impacts the installation rate of ABS systems is the demand for safety features. Installation rate for ABS systems is increasing in all markets and will continue to do so until most new vehicles have advanced braking systems.
• Four wheelers have been using ABS systems for decades; now even two-wheelers too are increasingly using ABS systems.
• EU, Japan, Australia, India, Brazil, and Taiwan have passed laws mandating ABS in the future. This will further drive the growth of the market in the forecast period.
Market Segmentation
• Automotive ABS market can be classified by vehicle type, by brake type, by region.
• By Vehicle type, the market can be segmented into Motorcycle, Passenger cars, and commercial vehicles. Anti-lock braking systems are used in cars & commercial vehicles for decades.
• Now they are becoming more common for bikes. Inexpensive lightweight two-wheelers don’t use ABS. According to European Commission legislation, all new motorcycles above 125cc’s sold from 1 January 2016 must be equipped with ABS.
• By Brake type, anti-lock braking systems can be classified by the number of sensors & channels. The most common anti-lock braking systems are Four-channel four-sensor ABS, Three-channel three-sensor ABS, One-channel one-sensor ABS, Others (Two-channel four detector ABS, Three-channel Four-sensor ABS). Four-channel four-sensor ABS is most popular.
Key market segments covered in the report :
By brake Type
• Four-channel, four-sensor ABS
• Three-channel, three-sensor ABS
• One-channel, one-sensor ABS
• Others (Two-channel, four sensor ABS, Three-channel, four-sensor ABS)
By Vehicle Type
• Motorcycles
• Passenger cars
• Commercial Vehicles
By Region
• Asia Pacific
• Europe
• North America
• South America
• Rest of the World
Geographical Analysis
• By region, the market can be segmented into North America, South America, Europe, Asia-pacific and rest of the world. Passenger Car & Commercial vehicle combined production is highest in China. So demand for ABS is also highest in China.
• The high growth rate of the automotive sector in Asia and Legislative mandates all over the world will influence the Global automotive ABS systems market in the next few years.
Competitive Trends
• Major players in the Global automotive ABS systems market are Continental, Bosch, Delphi, TRW Automotive, Honda, Wabco, Hitachi, Autoliv, Aisin Seiki, and Haldex.
• Companies are introducing new products and features to be competitive in the market. For instance, In July 2018, Bosch revealed the planned market launch of its anti-lock braking system (ABS) for selected e-bike models in autumn 2018.
View full sample report: https://www.datamintelligence.com/research-report/automotive-abs-systems-market
Download free sample: https://www.datamintelligence.com/download-sample/automotive-abs-systems-market
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Sai Kiran
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Email: info@datamintelligence.com
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DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com 
Source: EmailWire.com
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