TechNavio recognizes the following companies as the key players in the Global Automotive Electronic Brake Systems Market: Continental AG, Robert Bosch GmbH, TRW Automotive Holdings Corp. and Advics Co. Ltd.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”The pace of vehicle production and sales across the globe has important implications for the growth of the Global Automotive Electronic Brake Systems market. Automobile production will largely be observed in the Asian and European countries. For instance, it is estimated that automobile ownership in China will exceed 200 million by 2020. Due to the increase in automobile production and the demand in the emerging countries, the demand for EBS is expected to increase steadily in the coming years. New models are also expected to be launched in different segments with higher technology content, thereby driving the demand for EBS.”
According to the report, the growth of the Global Automotive Electronic Brake Systems market is driven by several factors. The increase in government regulations is one of the major growth drivers in the market. The government regulations aimed at making vehicle fleet safer and more environmentally friendly, which is increasing the number of EBS on premium level and economy level vehicles.
Further, the report states that the higher cost of EBS compared to the most widely used hydraulic brake systems is one of the major challenges of the Global Automotive Electronic Brake Systems market.
Other prominent vendors included in the discussion are Hyundai Mobis Co. Ltd., Brembo S.P.A, Knorr-Bremse AG, and Meritor Wabco Vehicle Control Systems, Delphi Corp., Dana Corp., and Nisshinbo Industries Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/search/apachesolr_search/Global%20Automotive%20…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Automotive market research, please visit https://www.technavio.com/automotive
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TechNavio Announces the Publication of its Research Report – Global Automotive Electronic Brake Systems Market 2012-2016
