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Introduction
Anti-lock braking system is primarily used to assist vehicles for safe braking and tranquil steering in circumstances such as slippery or wet road. It averts a person from skidding or slipping of vehicle, and recollects steering control after hard braking. Growing consumer demand for safety features in automobiles, and severe safety laws & guidelines implemented by transport establishments across the world, offers a rising drift for anti-lock braking system worldwide.
Market Dynamics
Increase in demand for safety features in vehicles such as traction control system, roll-over stability control (
Market Classification
The market can be bifurcated on the basis of subsystem types, vehicle types and geography. By subsystem types, hydraulic anti-lock braking system market can be segmented into ECU (electronic control unit), sensors and hydraulic unit. By vehicle types, hydraulic anti-lock braking system market can be segmented into two-wheelers, passenger cars and commercial vehicles. On the basis of geography, hydraulic anti-lock braking system market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.
Report Coverage
Market |
Hydraulic Anti-Lock Braking System Market |
Analysis Period |
2015 – 2026 |
Historic Data |
2015 – 2016 |
Base Year |
2017 |
Forecast Data |
2018 – 2026 |
Market Stratification |
Subsystem Type, Vehicle Type, Geography |
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the major players involved in hydraulic anti-lock braking system market include
Market Segmentation
Market By Subsystem Type
Market By Vehicle Type
Market By Geography