Global Autonomous Emergency Braking (AEB) System Market Growth, Share, Size, Trends and Forecast (2024 - 2030)
By Operating Speed;
High Speed-Inter Urban AEB Systems, Low Speed-City AEB Systems, and Pedestrian-VRU (Vulnerable Road Users) AEB Systems.By Technology;
Camera, Fusion, LiDAR, and Radar.By Electric Vehicle Type;
PV, and CV.By Application;
Forward Emergency Braking, Reverse Emergency Braking, and Multi-directional Braking.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030).Introduction
Global Autonomous Emergency Braking (AEB) System Market (USD Million), 2020 - 2030
In the year 2023, the Global Autonomous Emergency Braking (AEB) System 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%.
The Global Autonomous Emergency Braking (AEB) System Market has witnessed significant growth in recent years owing to the rising focus on vehicle safety and the increasing integration of advanced driver assistance systems (ADAS) in automobiles. AEB systems are designed to prevent collisions by automatically applying the brakes when they detect an imminent collision with an obstacle or another vehicle, thereby reducing the severity of accidents and potentially saving lives. The market is driven by stringent safety regulations imposed by governments worldwide, coupled with the growing consumer demand for safer vehicles, particularly in developed regions such as North America and Europe.
Technological advancements such as the integration of artificial intelligence (AI) and machine learning algorithms have enhanced the effectiveness and reliability of AEB systems, further boosting market growth. The automotive industry's shift towards electric and autonomous vehicles is expected to create lucrative opportunities for AEB system manufacturers, as these vehicles increasingly rely on advanced safety features to ensure passenger safety and comply with regulatory standards. Challenges such as high initial costs and the need for continuous software updates may hinder the market's growth to some extent. Ongoing research and development efforts aimed at improving the performance and affordability of AEB systems are anticipated to drive market expansion in the coming years.
Global Autonomous Emergency Braking (AEB) System Market Report Snapshot
Parameters | Description |
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Market | Global Autonomous Emergency Braking (AEB) System Market |
Study Period | 2020 - 2030 |
Base Year (for Autonomous Emergency Braking (AEB) System Market Size Estimates) | 2023 |
Drivers |
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Restraints |
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Opportunities |
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Segment Analysis
The global market for Autonomous Emergency Braking (AEB) systems is witnessing dynamic growth, characterized by segmentation across multiple parameters. Operational speed plays a pivotal role, with distinct systems tailored for different environments. High-speed inter-urban AEB systems target highways and expressways, prioritizing rapid response to mitigate collisions at higher velocities. Low-speed city AEB systems are optimized for urban settings, where traffic density and pedestrian presence necessitate nuanced detection and intervention. Specialized pedestrian-VRU AEB systems are designed to detect vulnerable road users, such as pedestrians and cyclists, enhancing safety in diverse traffic scenarios.
Technological advancements further diversify the AEB landscape, with systems utilizing camera, fusion, LiDAR, and radar technologies. Each technology offers unique advantages in detecting and responding to potential collision risks, contributing to the robustness of AEB solutions. The market segmentation extends to electric vehicle types, applications, and geographical regions, reflecting the multifaceted nature of AEB adoption and deployment. From forward emergency braking to multi-directional braking, these systems cater to diverse vehicle types and operational requirements across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America, underscoring the global significance and demand for advanced safety technologies in the automotive sector.
Global Autonomous Emergency Braking (AEB) System Segment Analysis
In this report, the Global Autonomous Emergency Braking (AEB) System Market has been segmented by Operating Speed, Technology, Electric Vehicle Type, Application and Geography.
Global Autonomous Emergency Braking (AEB) System Market, By Operating Speed
The Global Autonomous Emergency Braking (AEB) System Market has been segmented by Operating Speed into High Speed-Inter Urban AEB Systems, Low Speed-City AEB Systems and Pedestrian-VRU (Vulnerable Road Users) AEB Systems.
High Speed-Inter Urban AEB Systems cater to scenarios like highway driving, where rapid response to potential collisions is crucial. These systems are designed to swiftly detect obstacles or vehicles at high speeds and autonomously initiate braking to prevent or mitigate accidents. Low Speed-City AEB Systems are tailored for urban environments, where frequent stops and starts characterize traffic flow. These systems focus on detecting and reacting to obstacles in congested city streets, enhancing safety for both drivers and pedestrians.
Pedestrian-VRU (Vulnerable Road Users) AEB Systems represent a specialized segment dedicated to protecting vulnerable road users like pedestrians and cyclists. These systems are engineered to detect such individuals and apply emergency braking, reducing the risk of collisions and enhancing overall road safety in urban settings. This segmentation underscores the versatility and adaptability of AEB systems across different driving environments, from high-speed inter-urban highways to low-speed city streets, as well as their specialized focus on safeguarding vulnerable road users. As automotive safety continues to evolve, AEB systems play a pivotal role in reducing the frequency and severity of accidents, contributing to the broader goal of achieving safer and more sustainable transportation systems globally.
Global Autonomous Emergency Braking (AEB) System Market, By Technology
The Global Autonomous Emergency Braking (AEB) System Market has been segmented by Technology into Camera, Fusion, LiDAR and Radar.
One prominent segment is Camera-based AEB systems, leveraging advanced visual recognition algorithms to detect potential collisions and trigger braking interventions autonomously. Another segment, Fusion technology, integrates data from multiple sources like cameras, radar, and LiDAR, enhancing accuracy and reliability in identifying threats and mitigating risks effectively. LiDAR and Radar-based systems represent two additional segments, each with distinct strengths; LiDAR offers precise three-dimensional mapping for object detection, while Radar excels in long-range sensing, particularly in adverse weather conditions.
These segmentation trends underscore the industry's commitment to advancing safety technologies and catering to diverse automotive needs. As AEB systems become increasingly standard in vehicles worldwide, manufacturers are innovating to improve performance, reduce costs, and integrate seamlessly with other driver assistance features. The proliferation of these technologies is poised to redefine the landscape of road safety, potentially mitigating thousands of accidents annually and saving countless lives globally.
Global Autonomous Emergency Braking (AEB) System Market, By Electric Vehicle Type
The Global Autonomous Emergency Braking (AEB) System Market has been segmented by Electric Vehicle Type into PV and CV.
In the passenger vehicle segment, AEB systems are tailored to address the diverse driving conditions encountered by everyday commuters and families, emphasizing swift response times and precision in detecting potential collision risks. Within the commercial vehicle realm, where factors like payload, route complexity, and frequent stops are critical, AEB systems are engineered to accommodate the unique demands of long-haul transport, delivery, and industrial applications, enhancing driver confidence while mitigating the risks of accidents and property damage.
Such segmentation underscores the industry's commitment to refining safety technologies to suit the specific needs of various vehicle types, ensuring that autonomous emergency braking systems evolve as integral safeguards across the automotive landscape. By aligning with the distinct operational contexts of passenger and commercial vehicles, manufacturers can optimize the efficacy of AEB solutions, fostering safer roadways and bolstering consumer confidence in the transformative potential of autonomous driving technologies. As the automotive sector continues its paradigm shift toward electrification and autonomy, the tailored integration of AEB systems underscores a collective dedication to advancing safety standards and redefining the future of mobility.
Global Autonomous Emergency Braking (AEB) System Market, By Application
The Global Autonomous Emergency Braking (AEB) System Market has been segmented by Application into Forward Emergency Braking, Reverse Emergency Braking and Multi-directional Braking.
Forward Emergency Braking systems, for instance, are designed to mitigate collisions by automatically applying the brakes when a potential frontal impact is detected, thereby enhancing safety in forward driving situations. Reverse Emergency Braking systems offer similar functionality but are tailored for reversing scenarios, preventing accidents while backing up. Multi-directional Braking systems represent a more comprehensive approach, covering emergency braking needs in diverse driving conditions, including forward, reverse, and potentially sideways motion, providing a comprehensive safety net across all directions.
Each segment within the Global Autonomous Emergency Braking (AEB) System Market addresses specific safety concerns, offering tailored solutions to mitigate collision risks effectively. By providing dedicated systems for forward, reverse, and multi-directional braking scenarios, manufacturers aim to enhance overall vehicle safety across various driving contexts. This segmentation reflects the industry's commitment to developing sophisticated safety technologies capable of addressing diverse challenges on the road, ultimately contributing to the reduction of accidents and injuries worldwide.
Global Autonomous Emergency Braking (AEB) System Market, By Geography
In this report, the Global Autonomous Emergency Braking (AEB) System Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Autonomous Emergency Braking (AEB) System Market Share (%), by Geographical Region, 2023
North America, renowned for its technological innovation and stringent safety regulations, stands as a pivotal market for AEB systems. The region's automotive industry, particularly in the United States and Canada, exhibits a strong inclination towards advanced driver assistance systems, propelling the adoption of AEB solutions. Europe, characterized by a mature automotive market and stringent safety standards, witnesses a significant uptake of AEB systems, fueled by regulatory mandates and consumer preference for safety-enhancing technologies.
Across the Asia Pacific, a burgeoning automotive sector coupled with a rising emphasis on road safety fosters robust growth prospects for the AEB system market. Countries like China, Japan, and South Korea are at the forefront of technological advancements in automotive safety, amplifying the demand for AEB solutions. In the Middle East and Africa, while the automotive market is relatively nascent compared to other regions, increasing awareness regarding road safety and evolving regulatory frameworks are driving the adoption of AEB systems. Latin America, marked by a diverse automotive landscape, showcases a growing interest in safety technologies, buoyed by improving economic conditions and rising consumer purchasing power.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Autonomous Emergency Braking (AEB) System Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Safety rules push AEB system use
- More people want safer cars
- Better technology makes AEB systems work well
- Self-driving cars need AEB -
In the landscape of autonomous vehicles, Autonomous Emergency Braking (AEB) systems are designed to detect potential collisions and autonomously apply brakes to prevent or mitigate accidents, aligning perfectly with the overarching goal of ensuring passenger safety in autonomous vehicles. As self-driving technology advances, AEB becomes indispensable, acting as a fail-safe mechanism to mitigate risks associated with the complexities of autonomous navigation.
Given the high stakes involved in autonomous driving, where split-second decisions can avert disasters, the integration of robust AEB systems not only enhances passenger safety but also instills confidence in the reliability and viability of self-driving technology. The synergy between AEB systems and self-driving cars extends beyond mere safety considerations, encompassing broader implications for the future of transportation.
Restraints
- AEB might not work well in bad weather
- AEB systems can be hacked
- AEB might not work well in some situations - Adverse weather conditions such as heavy rain, snow, or fog can hinder the sensor and camera systems' ability to accurately detect obstacles, potentially leading to delayed or false activation of the braking system. Low light conditions, such as nighttime driving, may pose challenges for AEB systems reliant on visual sensors, impacting their responsiveness and effectiveness.
Despite advancements in AEB technology, there remains a need for further refinement to address these limitations and ensure consistent performance across diverse driving conditions. Manufacturers are increasingly investing in research and development efforts to enhance AEB system robustness and adaptability, incorporating additional sensor modalities, such as radar and lidar, to mitigate environmental factors' impact.
Opportunities
- Innovations in AEB technology
- AEB for specific industries like mining or agriculture
- AEB for special needs, like senior drivers
- AEB can be integrated into smart city infrastructure - In this symbiotic relationship, AEB-equipped vehicles communicate with sensors and infrastructure components embedded within the urban environment. Through real-time data exchange, vehicles can receive advanced warnings about potential hazards, such as pedestrians, cyclists, or obstacles, allowing the AEB system to proactively initiate braking maneuvers.
This integration not only reduces reliance solely on onboard sensors but also leverages the collective intelligence of the city's infrastructure to provide comprehensive situational awareness to vehicles. Embedding AEB functionality within smart city infrastructure aligns with broader initiatives aimed at fostering connected and autonomous transportation systems.
Competitive Landscape Analysis
Key players in Global Autonomous Emergency Braking (AEB) System Market include
- Valeo S.A.
- Delphi Automotive PLC
- Paccar Inc.
- Texas Instruments Incorporated
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Operating Speed
- Market Snapshot, By Technology
- Market Snapshot, By Electric Vehicle Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Autonomous Emergency Braking (AEB) System Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Safety rules push AEB system use
- More people want safer cars
- Better technology makes AEB systems work well
- Self-driving cars need AEB
- Restraints
- AEB might not work well in bad weather
- AEB systems can be hacked
- AEB might not work well in some situations
- Opportunities
- Innovations in AEB technology
- AEB for specific industries like mining or agriculture
- AEB for special needs, like senior drivers
- AEB can be integrated into smart city infrastructure
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Autonomous Emergency Braking (AEB) System Market, By Operating Speed, 2020 - 2030 (USD Million)
- High Speed-Inter Urban AEB Systems
- Low Speed-City AEB Systems
- Pedestrian-VRU (Vulnerable Road Users) AEB Systems
- Global Autonomous Emergency Braking (AEB) System Market, By Technology, 2020 - 2030 (USD Million)
- Camera
- Fusion
- LiDAR
- Radar
- Global Autonomous Emergency Braking (AEB) System Market, By Electric Vehicle Type, 2020 - 2030 (USD Million)
- PV
- CV
- Global Autonomous Emergency Braking (AEB) System Market, By Application, 2020 - 2030 (USD Million)
- Forward Emergency Braking
- Reverse Emergency Braking
- Multi-directional Braking
- Global Autonomous Emergency Braking (AEB) System Market, By Geography, 2020 - 2030 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Autonomous Emergency Braking (AEB) System Market, By Operating Speed, 2020 - 2030 (USD Million)
- Competitive Landscape Analysis
- Company Profiles
- Valeo S.A.
- Delphi Automotive PLC
- Paccar Inc.
- Texas Instruments Incorporated
- Company Profiles
- Analyst Views
- Future Outlook of the Market