Bosch has claimed that traffic experts agree that electronic stability control (ESC) should be fitted as standard equipment.
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.
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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.