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Rising passenger car sales will contribute significantly towards industry expansion over the forecast period. Major automobile manufacturers are equipping crash avoidance technology in medium and luxury car segments. For instance, in 2017,
Proliferating autonomous vehicles demand coupled with growing concerns for driver and passenger safety will boost the automatic emergency braking (AEB) industry size. Vehicle owners are transitioning toward advanced features such as adaptive cruise control, lane departure warning, forward collision warning with automatic emergency braking, and blind spot detection system.
Key industry participants include automobile manufacturers such as Audi,
Based on the region, the global Automatic Emergency Braking (AEB) market is segmented into
Growing awareness among consumers, extensive R&D by market players and updated ratings of safety agencies have fueled market growth. Major automobile manufacturers have by now started to integrate basic AEB systems as optional and standard choices into their mass-market automobile models. For instance,
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