Global Automotive Electronic Brake System Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Disc brakes and Drum brakes.

By Technology;

Traction Control System, Anti-lock Braking System and Electronic Stability Control.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn634571479 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Automotive Electronic Brake System Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Electronic Brake System Market was valued at USD 33,836.99 million. The size of this market is expected to increase to USD 42,759.78 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.4%.

The global automotive electronic brake system (EBS) market stands at the forefront of automotive safety and innovation, revolutionizing the way vehicles control braking functions. With the relentless pursuit of enhancing vehicle safety, efficiency, and performance, automotive manufacturers and technology companies have embraced electronic brake systems as a cornerstone of modern vehicle design. The EBS represents a significant departure from traditional hydraulic braking systems, incorporating advanced sensors, electronic control units (ECUs), actuators, and software algorithms to deliver precise and responsive braking capabilities across diverse driving conditions.

One of the primary drivers propelling the growth of the global automotive electronic brake system market is the increasing emphasis on vehicle safety and regulatory compliance. With rising concerns over road accidents and fatalities, governments worldwide have implemented stringent safety standards and regulations, mandating the integration of advanced braking systems in vehicles. The EBS not only enhances braking performance but also offers additional safety features such as anti-lock braking system (ABS), electronic stability control (ESC), traction control system (TCS), and brake assist, which collectively contribute to mitigating accidents and improving vehicle occupant safety.

The relentless pursuit of automotive electrification and vehicle automation is reshaping the landscape of the global automotive electronic brake system market. As automakers transition towards electric and hybrid vehicles, there is a growing demand for brake-by-wire systems that seamlessly integrate with electric propulsion systems and regenerative braking technologies. Additionally, the advent of autonomous driving technologies is driving the adoption of advanced driver assistance systems (ADAS), including automated emergency braking (AEB) and predictive braking systems, which rely on sophisticated electronic brake systems to ensure safe and reliable vehicle operation in semi-autonomous and fully autonomous driving modes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Region
  4. Global Automotive Electronic Brake System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Vehicle Safety Regulations
        2. Increasing Focus on Vehicle Safety
        3. Shift towards Electric and Hybrid Vehicles
        4. Rise of Autonomous Driving Technologies
      2. Restraints
        1. Reliability and Durability Challenges
        2. Maintenance Complexity
        3. Compatibility Issues
        4. Consumer Acceptance and Education
      3. Opportunities
        1. Integration with Advanced Driver Assistance Systems (ADAS)
        2. Customization for Commercial Vehicles
        3. Enhanced Connectivity and Telematics Integration
        4. Focus on Energy Efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Electronic Brake System Market, By Product, 2020 - 2030 (USD Million)
      1. Disc brakes
      2. Drum brakes
    2. Global Automotive Electronic Brake System Market, By Technology, 2020 - 2030 (USD Million)
      1. Traction Control System
      2. Anti-lock Braking System
      3. Electronic Stability Control
    3. Global Automotive Electronic Brake System Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Robert Bosch GmbH
      2. Continental AG
      3. ZF Friedrichshafen AG
      4. Aptiv PLC
      5. WABCO Holdings Inc
      6. Autoliv Inc
      7. TRW Automotive Holdings Corp
      8. Hitachi Automotive Systems, Ltd
      9. DENSO Corporation
      10. Aisin Seiki Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market

ReAnIn's Most Viewed Titles:

Automotive & Transportation Advanced Technology Automotive Electronic Control Unit (Ecu)
Global Automotive Electronic Control Unit (Ecu) Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Automotive Electronic Control Unit (Ecu) Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Automotive & Transportation Advanced Technology Automotive Electronic Devices
Global Automotive Electronic Devices Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Automotive Electronic Devices Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Automotive & Transportation Advanced Technology Automotive Electronic Logging Device
Global Automotive Electronic Logging Device Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Automotive Electronic Logging Device Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Automotive & Transportation Automotive Components & Materials Automotive Electronic Power Steering
Global Automotive Electronic Power Steering Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Automotive Electronic Power Steering Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...