An anti-lock braking system (ABS) is a safety anti-skid braking system used on aircraft and on land vehicles , such as cars, motorcycles, trucks and buses. ABS operates by preventing the wheels from locking up during braking, thereby maintaining tractive contact with the road surface.
The global automotive ABS market is highly competitive and diversified due to the presence of a large number of regional and multinational vendors across the globe. According to the industry research report, it has been anticipated that a large number of vendors are increasingly investing in the development of compact and lightweight ABS systems. Furthermore, several other ABS brake manufacturers are increasingly focusing on widening their geographic presence and strategizing ways to penetrate the automotive anti lock brakes market in the APAC region.
In 2019, the market size of Anti-Lock Braking System is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Anti-Lock Braking System.
This report studies the global market size of Anti-Lock Braking System, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Anti-Lock Braking System production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Market Segment by Product Type
Pneumatic Anti-Lock Braking System
Hydraulic Anti-Lock Braking System
Market Segment by Application
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Anti-Lock Braking System status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Anti-Lock Braking System manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Anti-Lock Braking System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025