Global Anti-lock Braking System Market (2019-2025) | Outlook, Companies, Growth, Value, Trends, Analysis, Share, Revenue, Industry, Size & Forecast

Growing the Automobile industry, a surge in demand for advanced automobile technology has propelled the growth of the Anti-lock Braking System market globally. Moreover, growing awareness about the benefits of the Anti-Lock Braking System such as a reduction in tire wear and braking distance has led to a surge in the deployment of the Anti-Lock Braking System in automobiles. Also, the government of various countries around the globe has mandated the installation of the ABS system in automobiles which would lead to a further surge in market demand over the forthcoming years.

According to 6Wresearch, the Global Anti-lock Braking System Market size is anticipated to register growth during 2019-2025. Asia Pacific region is the leading revenue-generating region in the global market in 2018 and is anticipated to maintain its dominance over the forecast period as well owing to the presence of large automobile industry in the region. Moreover, the government of various countries such as China, India, and Japan has mandated the installation of ABS systems in automobiles to ensure the safety of the passengers, which would result in a surge in the deployment of the ABS over the coming years.

The passenger car segment accounted for a leading share of the market revenue pie in 2018, owing to the increasing sale of passenger cars around the globe. However, the two-wheeler segment is anticipated to register high growth during the forecast period on the back of a surge in the deployment of the ABS system in the two-wheelers by automobile companies to ensure safety. Recent innovations, such as modular and scalable Anti-lock Braking systems, are specially designed for the braking characteristics of two-wheelers and can be adapted to models ranging from the lower power segment to a high-end sports bike.

The global anti-lock braking system market report thoroughly covers the market by sub-systems, vehicles, regions including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa, and key countries. The global anti-lock braking system market outlook report provides an unbiased and detailed analysis of the ongoing global anti-lock braking system market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

The global anti-lock braking system market is expected to witness progressive growth in the foreseeable future on the back of rising passenger vehicles and commercial vehicles. Moreover, rising technical advancement such as traction control systems and electronic brake force distribution is estimated to benefit the anti-lock braking system market to acquire a prominent share in the coming years. Additionally, rising awareness of the safety & security of passengers along with the installation of anti-lock systems in vehicles enables drivers to control vehicles on unfavorable roads which is expected to boost the exponential growth of the Global anti-lock braking system market during the forecast period.

The global anti-braking system market is projected to witness tremendous growth in the forthcoming years backed by the rising potential growth of the automotive sector across the globe. Additionally, based on the region Asia Pacific anti braking system market is estimated to generate humongous revenues in the coming timeframe owing to the increased four-vehicle purchasing rate due to rising upper-middle-class families. Also, on the other hand, not only four-wheelers but two-wheelers vehicles are gain traction thereby the growth of the anti braking system would increase and is estimated to contribute to the growth of the global anti braking system market in the years ahead.

Key Highlights of the Report:

• Global Anti-lock Braking System Market Overview
• Global Anti-lock Braking System Market Outlook
• Global Anti-lock Braking System Market Forecast
• Historical Data of Global Anti-lock Braking System Market Revenues and Volume, for the Period 2015-2018
• Global Anti-lock Braking System Market Size and Global Anti-lock Braking System Market Forecast of Revenues and Volume, Until 2025
• Historical Data of Global Anti-lock Braking System Market Revenues and Volume, by Sub-Systems, for the Period 2015-2018
• Market Size & Forecast of Global Anti-lock Braking System Market Revenues and Volume, by Sub-Systems, Until 2025
• Historical Data of Global Anti-lock Braking System Market Revenues and Volume, by Vehicles, for the Period 2015-2018
• Market Size & Forecast of Global Anti-lock Braking System Market Revenues and Volume, by Vehicles, Until 2025
• Historical Data of North America Anti-lock Braking System Market Revenues, for the Period 2015-2018
• Market Size & Forecast of North America Anti-lock Braking System Market Revenues, Until 2025
• Historical Data of Europe Anti-lock Braking System Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Europe Anti-lock Braking System Market Revenues, Until 2025
• Historical Data of Asia-Pacific Anti-lock Braking System Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Asia-Pacific Anti-lock Braking System Market Revenues, Until 2025
• Historical Data of Latin America Anti-lock Braking System Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Latin America Anti-lock Braking System Market Revenues, Until 2025
• Historical Data of the Middle East and Africa Anti-lock Braking System Market Revenues, for the Period 2015-2018
• Market Size & Forecast of the Middle East and Africa Anti-lock Braking System Market Revenues, Until 2025
• Market Drivers and Restraints
• Global Anti-lock Braking System Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Global Anti-lock Braking System Market Share, By Players
• Global Anti-lock Braking System Market Share, By Regions
• Global Anti-lock Braking System Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Anti-Lock Braking System Market report provides a detailed analysis of the following market segments:

By Sub-Systems:

• Sensors
• Electric Control Unit
• Hydraulic Unit
• Others

By Vehicles:

• Two-wheeler
• Passenger Cars
• Commercial Vehicles

By Regions:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa

Other Key Reports Available:

• North America Anti-lock Braking System Market Report
• Europe Anti-lock Braking System Market Report
• Asia Pacific Anti-lock Braking System Market Report
• Latin America Anti-lock Braking System Market Report
• The Middle East & Africa Anti-lock Braking System Market Report

Frequently Asked Questions About the Market Study (FAQs):