Autonomous Emergency Braking System (AEB) Market Size, CAGR, Trends 2024-2030

Autonomous Emergency Braking System (AEB) Introduction

The Global Market Overview of "Autonomous Emergency Braking System (AEB) Market" offers a unique insight into key market trends shaping the industry world-wide and in the largest markets. Written by some of our most experienced analysts, the Global Industrial Reports are designed to provide key industry performance trends, demand drivers, trade, leading companies and future trends. The Autonomous Emergency Braking System (AEB) market is expected to grow annually by 11.9% (CAGR 2024 - 2031).

Autonomous Emergency Braking System (AEB) is a safety feature in vehicles designed to automatically apply brakes in response to imminent collisions, helping to prevent or reduce the severity of accidents. The system uses sensors like cameras, radar, and lidar to detect obstacles and pedestrians in the vehicle's path.

The purpose of AEB is to enhance driver safety by acting as a backup in situations where the driver fails to brake in time. This technology can be especially beneficial in emergency situations when a collision is imminent.

Advantages of AEB include reducing the risk of accidents, minimizing injuries, and potentially saving lives. As more automakers incorporate AEB into their vehicles, the market for this technology is expected to grow significantly. The increased adoption of AEB is likely to drive innovation and competitiveness among manufacturers, ultimately leading to safer roads for all.

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Market Trends in the Autonomous Emergency Braking System (AEB) Market

- Integration of artificial intelligence and machine learning technologies into AEB systems to improve accuracy and response time.

- Increasing demand for pedestrian detection and protection features in AEB systems to enhance safety for vulnerable road users.

- Adoption of sensor fusion technology to combine data from multiple sensors (such as cameras, radars, and LIDAR) for better detection and decision-making capabilities.

- Collaboration between auto manufacturers and technology companies to develop advanced AEB systems with predictive analytics and predictive modeling.

- Rising consumer awareness about the benefits of AEB systems in preventing accidents and reducing the severity of collisions.

Overall, these trends indicate a promising growth trajectory for the AEB market, as industry players continue to innovate and meet the evolving needs of consumers for safer and smarter vehicles.

Market Segmentation

The Autonomous Emergency Braking System (AEB) Market Analysis by types is segmented into:

• Forward Emergency Braking
• Reverse Emergency Braking
• Multi-Directional Emergency Braking

Autonomous Emergency Braking System (AEB) consists of three types: Forward Emergency Braking, Reverse Emergency Braking, and Multi-Directional Emergency Braking. Forward Emergency Braking helps to detect potential collisions with the vehicle in front and apply brakes automatically. Reverse Emergency Braking assists in avoiding collisions while backing up. Multi-Directional Emergency Braking detects obstacles from various angles and applies brakes accordingly. These types of AEB systems enhance vehicle safety and reduce the risk of accidents, thereby increasing the demand for AEB in the market.

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The Autonomous Emergency Braking System (AEB) Market Industry Research by Application is segmented into:

• Passenger Cars
• Commercial Vehicles

The Autonomous Emergency Braking System (AEB) is used in passenger cars and commercial vehicles to automatically apply the brakes in emergency situations when it detects an imminent collision. In passenger cars, AEB helps to mitigate or avoid accidents, while in commercial vehicles, it helps prevent collisions with other vehicles or pedestrians. The fastest growing application segment in terms of revenue is commercial vehicles, as fleet operators are increasingly adopting AEB technology to improve road safety and reduce the risk of costly accidents.

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Geographical Spread and Market Dynamics of the Autonomous Emergency Braking System (AEB) Market

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Autonomous Emergency Braking System (AEB) market in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa is expected to experience significant growth due to increasing focus on road safety and government regulations mandating the installation of AEB systems in new vehicles. Key players such as Valeo, Bosch, Denso, ZF, Texas Instruments, Autoliv, Delphi, Wabco, Hyundai, Aisin Seiki are actively investing in research and development to enhance their product offerings and gain a competitive edge. Market opportunities in these regions are driven by the rising demand for advanced driver assistance systems, increasing vehicle sales, and growing awareness about the benefits of AEB technology. Factors such as technological advancements, partnerships, and collaborations are expected to further drive the growth of the AEB market in the coming years.

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Autonomous Emergency Braking System (AEB) Market Growth Prospects and Market Forecast

The Autonomous Emergency Braking System (AEB) Market is expected to grow at a CAGR of around 17% during the forecast period. Innovative growth drivers such as increasing government regulations mandating the installation of AEB systems in vehicles, rising concerns about road safety, and the integration of advanced technologies like artificial intelligence and machine learning are expected to propel the market growth.

To further enhance growth prospects, companies in the AEB market are focusing on deploying innovative strategies such as partnerships and collaborations with automotive manufacturers to integrate AEB systems into their vehicles, expanding their product portfolio with advanced features like pedestrian detection and cyclist detection capabilities, and investing in research and development to enhance the performance and efficiency of AEB systems.

Moreover, emerging trends like the development of autonomous vehicles and the increasing adoption of electric vehicles are expected to create new opportunities for market expansion. By leveraging these deployment strategies and trends, the Autonomous Emergency Braking System (AEB) Market is poised to experience significant growth in the coming years.

Autonomous Emergency Braking System (AEB) Market: Competitive Intelligence

• Valeo
• Bosch
• Denso
• ZF
• Texas Instruments
• Autoliv
• Delphi
• Wabco
• Hyundai
• Aisin Seiki

1. Bosch: Bosch is a leading player in the AEB market, with a strong reputation for innovation and quality. The company has a track record of providing cutting-edge technology in the automotive industry, including advanced driver assistance systems. Bosch's market strategies focus on developing high-performance AEB systems that meet the demands of modern vehicles. The company's revenue figures reflect its success in the market, with consistent growth year over year.

2. Denso: Denso is another key player in the AEB market, known for its innovative solutions and commitment to safety. The company has a history of providing reliable and efficient products for the automotive industry. Denso's market growth prospects are promising, as the demand for AEB systems continues to rise globally. The company's market size is significant, with a strong presence in key regions around the world.

3. Autoliv: Autoliv is a reputable manufacturer of AEB systems, with a focus on delivering advanced safety solutions for vehicles. The company has a strong track record of developing innovative technologies that enhance driver safety. Autoliv's market strategies are geared towards meeting the evolving needs of the automotive industry. The company's sales revenue reflects its position as a top player in the AEB market.

- Valeo: Sales revenue - $ billion

- ZF: Sales revenue - $36.9 billion

- Texas Instruments: Sales revenue - $14.3 billion

- Delphi: Sales revenue - $16.2 billion

Overall, the competitive AEB market is dominated by key players such as Bosch, Denso, and Autoliv, who have established themselves as leaders in the industry through their innovative solutions and strong market presence. These companies continue to drive growth and innovation in the AEB market, meeting the increasing demand for advanced safety systems in vehicles.

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