Report ID: UCMIG45L2020
Report ID:
UCMIG45L2020 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global Autonomous Emergency Braking (AEB) market, valued at USD 31.35 billion in 2022, is poised for substantial growth. It is expected to expand from USD 35.68 billion in 2023 to USD 93.74 billion by 2030, demonstrating a robust CAGR of 14.8% throughout the forecast period. AEB, or Automatic Emergency Braking, is a safety system that identifies potential collisions and autonomously activates the brakes to decelerate the vehicle, thereby preventing or mitigating accidents with objects or pedestrians. This market's growth is being driven by the rising demand for advanced vehicles equipped with top-tier safety features, in line with global efforts by governments and regulatory bodies to enhance vehicle safety standards.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Electronic Manufacturing Services by segment aggregation, the contribution of the Electronic Manufacturing Services in Technology Hardware & Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45L2020