Global Antilock Braking System (ABS) Market to Observe Strong Development by 2023

MarketResearchNest.com adds “Global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Antilock Braking System (ABS) Market 2018, Forecast to 2023”new report to its research database. The report spread across in a 153 pages with table and figures in it.

Anti-lock braking system (ABS) is an automotive safety system, allowing the wheels to maintain tractive contact with the road surface according to driver inputs while braking, preventing the wheels from locking up (ceasing rotation) and avoiding uncontrolled skidding. In general, anti-lock braking system (ABS) can benefit in two ways: stop faster and be able to steer while you stop.

There are four main components to an ABS system: speed sensors, pump, valves and controller. Speed sensors, located at each wheel, can provide the information that when a wheel is about to lock up. The valve is in the brake line of each brake controlled by the ABS. When a valve reduces the pressure in a line, the pump is there to get the pressure back up. The controller is a computer in the car, watching the speed sensors and controlling the valves.

Scope of the Report:

This report focuses on the Antilock Braking System (ABS) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Due to the policy promotion and fast developing automotive market, new vehicles’ assembly rate of ABS is growing faster. Demand from the downstream brings a power to the development of antilock braking system industry. In recent years, growing China market became an important driving force for ABS. Many foreign manufacturers enter into China by investment and joint venture. At present, a few companies occupy most of ABS market. They are Bosch, Continental Teves, TRW, ADVICS and Hyundai Mobis etc.

At present, there are many domestic manufacturers in China. Most of the domestic companies have lower technology and financial ability and they are facing the competition from the foreign companies.

As the development of new energy vehicles, more demands will come from the new energy vehicles. To feed these new demands, antilock braking system manufacturers need to accelerate the technical upgrading of ABS.

The worldwide market for Antilock Braking System (ABS) is expected to grow at a CAGR of roughly 4.0% over the next five years, will reach 23600 million US$ in 2023, from 18600 million US$ in 2017, according to a new GIR (Global Info Research) study.

Browse full table of contents and data tables at https://www.marketresearchnest.com/Global-North-America-Europe-Asia-Pacific-South-America-Middle-East-and-Africa-Antilock-Braking-System-ABS-Market-2018-Forecast-to-2023.html

Market Segment by Manufacturers, this report covers

Bosch, Continental, TRW, ADVICS, Hyundai Mobis, Mando, Wabco, Knorr-Bremse, Hitachi, Nissin Kogyo,

Junen, Wanxiang, APG, Kormee, Dongfeng Electronic, Guangzhou Sivco

Market Segment by States, covering

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

One-channel ABS, Two-channel ABS, Three-channel ABS, Four-channel ABS

Market Segment by Applications, can be divided into

Passenger Car, Commercial Vehicle

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There are 15 Chapters to deeply display the global Antilock Braking System (ABS) market.

Chapter 1, to describe Antilock Braking System (ABS) Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Antilock Braking System (ABS), with sales, revenue, and price of Antilock Braking System (ABS), in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Antilock Braking System (ABS), for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, Antilock Braking System (ABS) market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe Antilock Braking System (ABS) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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