AEB systems occupy a position in the ‘forward collision avoidance
& warning’ systems portfolio that addresses inattentive driving or
oversight by notifying when a collision is imminent via visual, audio, or
haptic signals. Forward collision warning systems rely on the driver’s
discretion to successfully avoid the collision and, in some cases,
automatically brake the vehicle if the driver fails to do so. AEB systems would
reduce the number of crashes and help in improving traffic safety.
The incorporation of motion sensors into motor
vehicles enable the monitoring of the driver’s attentiveness, which helps to
prevent road accidents and augments the safety and security needs of people.
Sensors with attached AEBs, wireless connectivity, predictive analytics, and
context aware algorithms enable the evolution of smart automobile that are
capable of making autonomous and intelligent decisions.
Collision avoidance sensors significantly reduce
the number of fatalities caused due to road accidents, which not only benefits
the car occupants but also pedestrians, cyclists, and other vehicle occupants.
Technological advancements and R&D are expected to provide cost-effective
solutions for the automotive LiDAR technology, which, at present, is bulky and
extremely expensive for automotive applications.
The AEB systems market is poised for a sharp growth
in the years to come, owing to the surge in efforts toward the development of
fully autonomous cars. Self-driving vehicles operate with the help of onboard
computers that are fed data through an array of sensors. The mass production
and consumer adoption of autonomous self-driving vehicles may offer a significant
growth opportunity for the AEB systems market.
Browse full research report on Automatic
Emergency Braking Market: https://www.grandviewresearch.com/industry-analysis/automatic-emergency-braking-aeb-market
Further key
findings from the report suggest:
- The installation base of advanced safety features is increasing
exponentially. Alcohol ignition interlocks, emergency call systems, and
accident data recorder systems are some examples of technologies where
future demand is expected to spur the market growth.
- South America is anticipated to witness a delayed adoption
of this technology due to several governmental regulations with respect to
road traffic. Furthermore, the absence of regional technology providers
may also delay the adoption of this technology in South America.
- Consumers in the UK have a high preference for tech-savvy
products, due to which the AEB system adoption is anticipated to be a
perfect fit for the same
- The key players in the AEB market include Robert Bosch GmbH
(Germany), Autoliv Inc. (Sweden), and ZF Friedrichshafen AG (ZF TRW)
(U.S.). Companies are focusing on developing innovative products to
minimize the production cost.
Browse request sample of this report by
Grand View Research: https://www.grandviewresearch.com/industry-analysis/automatic-emergency-braking-aeb-market/request/rs1
Grand View
Research has segmented the AEB market on the basis of region:
- AEB Regional Outlook
(Volume, Thousand units, 2014 - 2024)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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