Key vendors are developing collision avoidance technology to increase their sales strategically
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global commercial vehicle anti-lock braking system market in their latest research report. This report also lists 16 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research reports covers the anti-lock braking systems equipped in commercial vehicles that include LCVs and HCVs.
This Technavio report, under automotive electronics vertical, is based on the synthesis, analysis, and interpretation of information about the global commercial vehicle anti-lock braking system market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The competition in the market is very intense due to the presence of several international and regional players. The vendors in the market are developing sophisticated antilock braking systems to promote vehicle safety and to increase their revenues. The changing regulations are promoting vendors to install these systems in commercial cars to attract more consumers. The OEMs in the market are forming strategic partnerships to expand business opportunities and strengthen ties. The manufacturers are focusing on supplying multiple safety systems such as ADAS and ABS to sustain the competition in the market. The vendors are developing turnkey solutions and performing extensive testing processes to expand their consumer base and increase their profitability. The companies are launching enhanced innovative products through the acquisition of the value chain participants. The players are offering compatible interfaces for the use of aftermarket systems to increase their sales.
“The vendors in the market are developing collision avoidance technology with active steering control to promote vehicular safety and to meet the safety regulations. Some of the vehicles are integrated with new technology like evasive maneuver assist that facilitates braking, stability, and dynamic systems for commercial systems. This system comprises a radar-based sensor to identify the obstacle in front of the vehicle. If the system detects any impending rear-end collision, the system sends alert signals to the driver in the form of audio and haptic signals,” says Siddarth Jaiswal, a lead analyst at Technavio for research on automotive electronics.
Top five vendors in the commercial vehicle anti-lock braking system market space
Continental
The company specializes in tachographs, brake systems, automotive safety, powertrain components, chassis components, and other related parts for the automotive and transportation industries. Recently, the company developed an advanced driver assistance system named eHorizon that provides predictive analysis of the road ahead to the driver.
Some key products: Tires, Chassis and Safety, Vehicle dynamics, Hydraulic brake system, etc.
Bosch
Bosch operates in four primary segments that include automotive technology, consumer goods, industrial technology, and energy and building technology. The company is also a leading supplier of technology and services across the world. In recent times, the company extended its partnership with DTM to offer access to its engine management, displays, and other components and launched new business unit for two wheelers and power sports.
Some key products: Powertrain systems and electrified mobility, Driving safety systems for commercial vehicles, etc.
Delphi
The company provides electrical and electronic, active safety, powertrain, and thermal technology solutions to the commercial and automotive vehicle segments. It also offers a complete design of a vehicle’s electrical architecture, including connectors, electrical centers and hybrid high-voltage systems, wiring assemblies and harnesses, and safety distribution systems. Recently, it designed new vehicle architecture and multi-domain controllers to manage several functions at once.
Some key products: Sensors, Powertrain Systems, Safety Systems, etc.
Wabco
Wabco supplies technologies and services that help in improving safety, efficiency, and connectivity of commercial vehicles. The company offers advanced driver assistance, braking, suspension, transmission automation and aerodynamics for the world’s commercial truck, bus, trailer, car and off-highway manufacturers. Recently, the company invested around $27 million in enhancing its advanced systems engineering and innovation center located in Germany.
Some key products: Brake and stability control systems, ADAS, Trailer brake and stability control, etc.
ZF-TRW
The company designs, manufactures, markets, and sells automotive systems, modules, and components to automotive OEMs and related aftermarkets. The company’s emergency braking technology consist a combination of electronic stability control (ESC) and advanced driver assistance systems (ADAS) to avoid the collision. In recent times, it showcased its semi-automated highway driving assist system at a test track event held in Berlin.
Some key products: Driver assist systems, Active safety systems, Passive safety systems, Integrated electronics, etc.
Other prominent vendors in this market include Meritor Wabco, Valeo, ZF, Denso, Magna International, Ficosa International, Mando, Autoliv, Bendix, Renesas, Haldex, Jiaozuo Brake, Nissin Brake Ohio, Knorr-Bremse, Tata AutoComp, and Sundaram Clayton.
A more detailed analysis is available in the Technavio report, Global Commercial Vehicle Anti-Lock Braking System Market 2016-2020.Technavio also customizes reports by other regions and specific segments upon request.
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