Global Commercial Vehicle Anti-lock Braking System Market 2016-2020

Global Commercial Vehicle Anti-lock Braking System Market 2016-2020

Published: November 2016
Publisher: Technavio
Product ref: 265450
Pages: 66
Format: PDF
Delivery: By product vendor

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About Commercial Vehicle Anti-Lock Braking System
While driving a vehicle, braking is a mandatory operation that is needed to control the vehicle. There are different road-side driving conditions such as off-highway conditions, city traffic among others that have led to the evolution of the different automotive braking systems. This has led to the development of anti-lock braking systems, autonomous braking systems, and advanced emergency braking systems among others. The ABS plays a crucial role in preventing skidding and locking of tires when the brakes are pressed. In an ABS equipped commercial vehicle, the sensor technology enables sensing of the wheel lock-up and sends corrective actions to enable the driver to establish control of the vehicle.

Technavio’s analysts forecast the global commercial vehicle anti-lock braking system market to grow at a CAGR of 6.24% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global commercial vehicle anti-lock braking system market for 2016-2020. To calculate the market size, the report considers the ABS deployed in the commercial vehicles (LCVs and HCVs). The annual production numbers of commercial vehicles are also considered in the report.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Commercial Vehicle Anti-Lock Braking System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Continental
• Bosch
• Delphi
• Wabco
• ZF-TRW

Other prominent vendors
• Meritor Wabco
• Valeo
• ZF
• Denso
• Magna International
• Ficosa International
• Mando
• Autoliv
• Bendix
• Renesas
• Haldex
• Jiaozuo Brake
• Nissin Brake Ohio
• Knorr-Bremse
• Tata AutoComp
• Sundaram Clayton

Market driver
• Need for making safer vehicles to curb road accidents
• For a full, detailed list, view our report

Market challenge
• High product development and manufacturing cost pressure on OEMs
• For a full, detailed list, view our report

Market trend
• Collision avoidance technology with active steering control for commercial vehicles
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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Related research categories


By sector: Commercial vehicles, Braking (in Components)

By market: Global


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