Automotive Brake Assist System Market : Global Industry Analysis and Forecast 2023-2029


Automotive Brake Assist System Market is anticipated to reach US$ 36.11 Bn by 2029  from US$ 10.07 Bn in 2022 at a CAGR of 20% during a forecast period.

Automotive Brake Assist System Market Overview:

Automotive Brake Assist System isa complementary system for the anti-lock braking system, used in case of an emergency where braking pressure is applied on the brake when the vehicle is about to crash. If the brake applied by the driver exceeds the set limit on ECU, the Brake Assist System gets alerts and applies additional force by ECU to achieve complete braking.

The report provides a detailed study of key market dynamics, market segmentation and regional analysis. The market study contains detailed insights about how the Global Automotive Brake Assist System Market is anticipated to grow during the forecast period.

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Automotive Brake Assist System Market Dynamics:

Automotive Brake Assist System is witnessing growth due to the advancement in passenger and commercial vehicles. The government of different countries made mandatory for installation of automotive Brake Assist System to avoid accidents and provide safety for passengers. Where almost 40 countries ofthe United Nations Economic Commission for Europe (UNECE) agreed to adopt the automotive Brake Assist System by 2022.

According to a study by Mercedes Benz, the automotive Brake Assist System can reduce braking distance by 45%, which can avoid a significant number of accidents. Also,thedemand for weight reduction per wheel for improved efficiency and recovery and dissipation of heat through regenerative braking are propelling the growth of automotive Brake Assist System globally. Autonomous vehicles with advanced technology are driving the need foran automotive Brake Assist System for smart use. These factors are expected to drive the growth of the automotive Brake Assist System market during the forecast period.

The restrainingfactor that can hamper the growth of the automotive Brake Assist System is its cost. The people with low per capita income avoid installation of the system, which may hinder the growth of the automotive Brake Assist System market during the forecast period.

Automotive Brake Assist System Market Segmentation Analysis:

By Type, the electronic brake assists system is widely used than the Mechanical brake assists system due to Increasing vehicle electrification, high reliability of electronic components, and higher performance. Where Mechanical brake assists system uses fluid pressure to improve braking. Thus consumers, as well as manufacturers, prefer the electronic brake assist system.

By Vehicle Type, the passenger vehicles segment account for the largest share of xx% in the Automotive Brake Assist System Market due to the increase in the sale of passenger vehicles of developed countries such as the U.S. and China, and several developing countries such as India, Brazil, and Asian countries. Manufacturers are mainly investing in new technologies of vehicles, which has led to the growth of the automotive sector and thereby Brake Assist System market.

Increase in demand for advanced features, rise in the standard of living, increasing purchasing power capacity, rise in per capita income of individuals, increasing industrialization, changing way of life and high disposable income are some of the factors for the growth of the Automotive Brake Assist System market globally. The growing interest of consumers towards safety, premium, luxury and comfortable vehicles is expected to drive the growth Automotive Brake Assist System market during the forecast period.

Automotive Brake Assist System Market Regional Analysis:

North America and Europe share the largest market for the Automotive Brake Assist System due to the adoption of advanced technology vehicles. European government made it mandatory to install Automotive Brake Assist System in every vehicle, therefore in terms of revenue Europe accounts for the largest share ofAutomotive Brake Assist System.

The brake assists system can reduce injuries in 11% of accidents and fatalities by about 7% by France researcher, which made the Automotive Brake Assist System market grow in the region.Similarly Developing countries like India and China regions accounted for a significant share in the automotive Brake Assist System market due to growing globalization, rapid economic development and the sale of passenger vehicles.

According to the data collected by China Automobile Dealers Association, the country's luxury car dealers sold 277,000 vehicles in April 2022, which is expected to boost the automotive Brake Assist System market in the region.

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Automotive Brake Assist System Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2017 to 2022
Market Size in 2022:
US$ 10.07 Bn.




Forecast Period 2023 to 2029 CAGR:
20%
Market Size in 2029:
US$ 36.11 Bn.




 Segments Covered:
by Vehicle Type
• Passenger Vehicles
• Commercial Vehicles




by Type
• Electronic brake assists system
• Mechanical brake assists system






Automotive Brake Assist System Market, by Region

• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

Automotive Brake Assist System Market, Key Players:

• Continental AG
• Robert Bosch GmbH
• WABCO Holdings Inc
• Dana Limited
• Mobileye
• ZF Friedrichshafen AG
• Hitachi Automotive Systems, Ltd
• AISIN SEIKI Co., Ltd
• Akebono Brake Industry Co
• BremboSpA
• ZF TRW CO
• FTE automotive
• Demco
• TRW Automotive Holdings Corp.
• Mando Corporation
• Crown Automotive Sales Co. Inc.
• CARDONE Industries

Frequently Asked Questions:

1. Which region has the largest share in Global Automotive Brake Assist System Market?
Ans: North America and Europe regions held the highest share in 2022.

2. What is the growth rate of Global Automotive Brake Assist System Market?
Ans: The Global Automotive Brake Assist System Market is growing at a CAGR of 20% during forecasting period 2023-2029.

3. What is scope of the Global Automotive Brake Assist System Market report?
Ans: Global Automotive Brake Assist System Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Automotive Brake Assist System Market?
Ans: The important key players in the Global Automotive Brake Assist System Market are – Continental AG, Robert Bosch GmbH, WABCO Holdings Inc, Dana Limited, Mobileye, ZF Friedrichshafen AG, Hitachi Automotive Systems, Ltd, AISIN SEIKI Co., Ltd, Akebono Brake Industry Co, BremboSpA, ZF TRW CO, FTE automotive, Demco, TRW Automotive Holdings Corp., Mando Corporation, Crown Automotive Sales Co. Inc., CARDONE Industries.

5. What is the study period of this Market?
Ans: The Global Automotive Brake Assist System Market is studied from 2022 to 2029. 





Global Automotive Brake Assist System Market

1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Global Automotive Brake Assist System Market Size, by Market Value (US$ Mn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2020
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Automotive Brake Assist System Market
3.4. Geographical Snapshot of the Automotive Brake Assist System Market, By Manufacturer share

4. Global Automotive Brake Assist System Market Overview, 2022-2029
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. Global
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. Global
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. Global
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. Global
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Products
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Global Automotive Brake Assist System Market

5. Supply Side and Demand Side Indicators

6. Global Automotive Brake Assist System Market Analysis and Forecast, 2022-2029
6.1. Global Automotive Brake Assist System Market Size & Y-o-Y Growth Analysis.

7. Global Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
7.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
7.1.1. Electronic brake assists system
7.1.2. Mechanical brake assists system
7.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029
7.2.1. Passenger Vehicles
7.2.2. Commercial Vehicles

8. Global Automotive Brake Assist System Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029
8.1.1. North America
8.1.2. Europe
8.1.3. Asia-Pacific
8.1.4. Middle East & Africa
8.1.5. South America

9. North America Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
9.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
9.1.1. Electronic brake assists system
9.1.2. Mechanical brake assists system
9.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029
9.2.1. Passenger Vehicles
9.2.2. Commercial Vehicles

10. North America Automotive Brake Assist System Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
10.1.1. US
10.1.2. Canada
10.1.3. Mexico

11. U.S. Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
11.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
11.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

12. Canada Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
12.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
12.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

13. Mexico Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
13.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
13.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

14. Europe Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
14.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
14.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

15. Europe Automotive Brake Assist System Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
15.1.1. U.K
15.1.2. France
15.1.3. Germany
15.1.4. Italy
15.1.5. Spain
15.1.6. Sweden
15.1.7. CIS Countries
15.1.8. Rest of Europe

16. U.K. Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
16.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
16.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

17. France Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
17.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
17.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

18. Germany Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
18.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
18.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

19. Italy Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
19.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
19.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

20. Spain Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
20.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
20.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

21. Sweden Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
21.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
21.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

22. CIS CountriesAutomotive Brake Assist System Market Analysis and Forecasts, 2022-2029
22.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
22.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

23. Rest of Europe Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
23.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
23.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

24. Asia Pacific Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
24.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
24.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

25. Asia Pacific Automotive Brake Assist System Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
25.1.1. China
25.1.2. India
25.1.3. Japan
25.1.4. South Korea
25.1.5. Australia
25.1.6. ASEAN
25.1.7. Rest of Asia Pacific

26. China Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
26.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
26.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

27. India Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
27.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
27.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

28. Japan Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
28.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
28.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

29. South Korea Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
29.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
29.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

30. Australia Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
30.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
30.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

31. ASEAN Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
31.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
31.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

32. Rest of Asia Pacific Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
32.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
32.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

33. Middle East Africa Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
33.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
33.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

34. Middle East Africa Automotive Brake Assist System Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
34.1.1. South Africa
34.1.2. GCC Countries
34.1.3. Egypt
34.1.4. Nigeria
34.1.5. Rest of ME&A

35. South Africa Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
35.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
35.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

36. GCC Countries Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
36.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
36.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

37. Egypt Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
37.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
37.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

38. Nigeria Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
38.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
38.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

39. Rest of ME&A Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
39.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
39.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

40. South AmericaAutomotive Brake Assist System Market Analysis and Forecasts, 2022-2029
40.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
40.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

41. South America Automotive Brake Assist System Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America

42. Brazil Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
42.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
42.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

43. Argentina Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
43.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
43.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

44. Rest of South America Automotive Brake Assist System Market Analysis and Forecasts, 2022-2029
44.1. Market Size (Value) Estimates & ForecastBy Type, 2022-2029
44.2. Market Size (Value) Estimates & ForecastBy Vehicle Type, 2022-2029

45. Competitive Landscape
45.1. Geographic Footprint of Major Players in the Global Automotive Brake Assist System Market
45.2. Competition Matrix
45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
45.2.2. New Product Launches and Product Enhancements
45.2.3. Market Consolidation
45.2.3.1. M&A by Regions, Investment and Applications
45.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
45.3. Company Profile : Key Players
45.3.1. Mobileye
45.3.1.1. Company Overview
45.3.1.2. Financial Overview
45.3.1.3. Geographic Footprint
45.3.1.4. Product Portfolio
45.3.1.5. Business Strategy
45.3.1.6. Recent Developments
45.4. Continental AG
45.5. Robert Bosch GmbH
45.6. WABCO Holdings Inc
45.7. Dana Limited
45.8. Mobileye
45.9. ZF Friedrichshafen AG
45.10. Hitachi Automotive Systems, Ltd
45.11. AISIN SEIKI Co., Ltd
45.12. Akebono Brake Industry Co
45.13. BremboSpA
45.14. ZF TRW CO
45.15. FTE automotive
45.16. Demco
45.17. TRW Automotive Holdings Corp.
45.18. Mando Corporation
45.19. Crown Automotive Sales Co. Inc.
45.20. CARDONE Industries

46. Primary Key Insights
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