DUBLIN, Mar 23, 2017 /PRNewswire/ --
Dublin - Research and Markets has announced the addition of the "Global Automotive Anti-Lock Braking System Market 2017-2021" report to their offering.
The global automotive anti-lock braking system market to grow at a CAGR of 8.86% during the period 2017-2021.
The report, Global Automotive Anti-Lock Braking System Market 2017-2021, 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.
The latest trend gaining momentum in the market is focus by automotive governing councils to create awareness for braking system will drive adoption of ABS. Transport Accident Commission (TAC) of State of Victoria, Australia has conducted a mass media campaign to increase the rates of AEB in the country. Earlier, the organization conducted various campaigns that have focused on specific safety features like ESC and curtain bags that were supported by research demonstrating their potential safety benefits. TAC conducted a mass media public education campaign to raise awareness and encourage consumers to look for a vehicle with AEB.
According to the report, one of the major drivers for this market is growing demand for safety solutions to increase ABS adoption in wider applications. Safety systems provide regular alerts to drivers to keep them and their vehicles out of potentially hazardous situations. These systems prevent vehicle accidents during critical situations and protect passengers from injuries. Various active and passive automotive safety systems are being increasingly used as passenger safety has become a prime concern for the automotive manufacturers.
Other Prominent Vendors
- Brakes India
- Hyundai Mobis
- Mando Corporation
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographic segmentation
PART 08: Market drivers
PART 09: Market challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/rjzlf6/global_automotive
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SOURCE Research and Markets