Growing demand for safety features in automobiles coupled with government regulation to mandate vehicle safety systems such as ABS, Electric Stability Control, chassis control, and driver assistance systems has driven the demand for the Anti-lock braking system market in North America. Moreover, the presence of Federal Motor Vehicle Safety Standards (FMVSS) and Canada Motor Vehicle Safety Standards (CMVSS) to ensure the safety quality checks of the vehicles have led to the surge in the installation of ABS systems over the past five years.

According to 6Wresearch, North American Anti-Lock Braking System Market size is anticipated to register growth during 2019-25. The United States accounted for the largest share of the market revenues in 2018 and the trend is likely to continue in the forthcoming years as well on the back of growing awareness about the benefits of the ABS systems. North America is the second leading revenue-generating region in the global market due to the availability of advanced technology and a high standard of living.

The electronic control units accounted for a leading share of market demand and are expected to maintain its dominance over the forecast period as well owing to its ability to control the entire system and to ensure the proper functioning of the system. However, the sensors segment is expected to grow at a high growth rate owing to its feature of monitoring the real-time speed of the vehicle and deceleration and acceleration of wheels.

The North American Anti-lock braking system market report thoroughly covers the market by sub-systems, vehicles, and key countries including the USA, Canada, and the Rest of North America. The North American Anti-lock braking system market outlook report provides an unbiased and detailed analysis of the on-going North American 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.

North America anti-lock braking system market is estimated to register sound revenues in the coming years backed by the rising growth of passenger and commercial vehicles, Additionally on the basis of product type, presenting sensors with anti-lock systems which help to examine the real speed and deceleration & acceleration of each wheel in order to eliminate accidents rate is expected to instigate the demand for antilock braking system in the market. Further, the rising growth of automotive industry coupled with a rise in the trends of the personal vehicle which allow drivers to spend their income in purchasing vehicles which are estimated to foster the growth of North America lock braking market in the coming years

Key Highlights of the Report:

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

Markets Covered

North America 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 Countries:

• United States
• Canada
• Rest of North America

Other Key Reports Available:

• The United States Anti-Lock Braking System Market Report
• Canada Anti-lock Braking System Market Report