Bosch has claimed that traffic experts agree that electronic stability control (ESC) should be fitted as standard equipment.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
According to a Bosch statement, 26% of all new vehicles worldwide were fitted with ESC in 2006, but governments around the world are moving toward promoting the technology in an effort to reduce the number of road traffic deaths.
ESC will be mandatory on all new cars in the US from the 2012 model year and the European Commission has mounted a campaign to persuade consumers in Europe to buy vehicles with ESC.
UN experts are now working to develop global technical standards for ESC to supplement existing requirements for braking systems.
The executive vice president of the Bosch chassis systems control division, Herbert Hemming, says he expects the number of ESC systems installed in cars worldwide to double to around 50% by 2010.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataAccording to Bosch, a recent study by the US government body, NHTSA, found that the US could save as much as US$11.4bn by avoiding accidents through the use of ESC. The potential cost savings for EU member states has been calculated at EUR16bn a year.
