The automotive autonomous emergency braking system market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

The Business Research Company a report, titled, ‘Automotive Autonomous Emergency Braking System Global Market Report 2024 – By System (Low-speed Autonomous Emergency Braking System, High-speed Autonomous Emergency Braking System), By Technology (Light Detection And Ranging (LiDAR), Radar, Camera), By Vehicle Type (Passenger Car, Commercial Vehicle) – Market Size, Trends, And Global Forecast 2024-2033’. According to the report, The automotive autonomous emergency braking system market size is expected to see exponential growth in the next few years. It will grow to $63.19 billion in 2028 at a compound annual growth rate (CAGR) of 24.2%.

Request a Free Sample Copy of This Report @
www.thebusinessresearchcompany.com/sample.…p;type=smp

Report Coverage & Details:

• Forecast Period: 2024-2033
• Base Year: 2023
• Market Size In 2024:  $26.53 billion
• Revenue Forecast In 2033:  $63.19 billion
• CAGR:  24.2%.

Global Automotive Autonomous Emergency Braking System Market: Segmentation

The automotive autonomous emergency braking system market covered in this report is segmented –

1) By System: Low-speed Autonomous Emergency Braking System, High-speed Autonomous Emergency Braking System
2) By Technology: Light Detection And Ranging (LiDAR), Radar, Camera
3) By Vehicle Type: Passenger Car, Commercial Vehicle

Browse Full Report With TOC & List Of Figure
www.thebusinessresearchcompany.com/report/…ket-report

Automotive Autonomous Emergency Braking System Market Report: Growth Drivers
The rising incidents of road accidents are expected to propel the growth of the automotive autonomous emergency braking system market going forward. A road accident refers to an incident that occurs on a road or highway involving vehicles, pedestrians, cyclists, or other road users, resulting in damage, injury, or death. Incidents of road accidents are rising due to factors such as distracted driving, speeding, impaired driving, fatigue, poor road conditions, adverse weather, increased traffic, and aggressive driving. Automotive autonomous emergency braking systems help prevent or mitigate accidents by automatically applying the vehicle’s brakes to avoid collisions or reduce their severity in critical situations. For instance, in August 2022, according to the National Highway Traffic Safety Administration, a US-based government agency, 9,560 individuals died in traffic accidents in the first quarter of 2022, an increase of 7% compared to the 8,935 fatalities for the same time period in 2021. Therefore, the rising incidents of accidents are driving the growth of the automotive autonomous emergency braking system market.

The market size for 2023 is 9,560 fatalities, and for 2024, it marks a 7% increase compared to 2021.

Key Developments:

Magna Strengthens Active Safety Business With Veoneer Access
In June 2023, Magna International Inc., a Canada-based automotive equipment manufacturing company, acquired Veoneer’s Active Safety business for an undisclosed amount. With this acquisition, Magna substantially fortified its active safety business, expanded its portfolio, scaled up sensor technology, software, and systems engineering capabilities, and solidified its position as a supplier in the automotive safety sector. Veoneer is a Sweden-based automotive technology company that specializes in providing automotive autonomous emergency braking systems as part of its product offerings.

Top Market Leader Included:

Hyundai Motor Company, Robert Bosch GmbH, Hitachi Ltd., Panasonic Corporation, Denso Corporation, AB Volvo, ZF Friedrichshafen AG, Continental AG, Mitsubishi Electric Corporation, Aisin Seiki Co. Ltd., NVIDIA Corporation, Subaru, Valeo SA, Texas Instruments Incorporated, Aptiv PLC, TRW Automotive Holdings Corp., Infineon Technologies AG, NXP Semiconductors N.V., Renesas Electronics Corporation, Autoliv Inc., Hella GmbH & Co. KGaA, Gentex Corporation, Delphi Automotive PLC, Magneti Marelli S.p.A.

Automotive Autonomous Emergency Braking System Industry: Regional Landscape

North America was the largest region in the automotive autonomous emergency braking system market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive autonomous emergency braking system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive autonomous emergency braking system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Access This Exclusive Research Report
www.thebusinessresearchcompany.com/purchas…x?id=14856

What Does The Global Automotive Autonomous Emergency Braking System Market Report Include?

1.Introduction
• Overview of the Automotive Autonomous Emergency Braking System Market
• Comprehensive Analysis of Automotive Autonomous Emergency Braking System Market

2. Automotive Autonomous Emergency Braking System Market Drivers and Restraints
•  Drivers and Restraints For Historic And Forecast Period

3. Automotive Autonomous Emergency Braking System Market Segmentation
•  By Drug Class
•  By Indication
•  By Distribution Channel

4. Competitive Landscape And Company Profiles In The Automotive Autonomous Emergency Braking System Market
•  Overview
•  Products and Services
•  Strategy

5. Automotive Autonomous Emergency Braking System Market Regional And Country Analysis
•  By Region
•  By Country

6. Market Trends And Opportunities In Automotive Autonomous Emergency Braking System Market
•  Technological Advancements
•  Emerging Trends

7. Automotive Autonomous Emergency Braking System Market Future Outlook and Potential Analysis
•  Growth Strategies
•  New Opportunities Americas: +1 3156230293

#authorcontact { max-width: 100%; text-align: center; }#authorcontact img.author-contact-image { display: inline-block; width: 35%; height: auto; }@media (max-width: 767px) {#authorcontact { text-align: left!important; }#authorcontact img.author-contact-image { width: 90%; height: auto; }}