LONDON--(BUSINESS WIRE)--Technavio has been monitoring the commercial vehicle advanced emergency braking system (AEBS) market and it is poised to grow by 2.04 million units during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aisin Seiki Co. Ltd., Autoliv Inc., Continental AG, Delphin Technology AG, DENSO Corp., Hitachi Ltd., Hyundai Mobis Co. Ltd., Robert Bosch GmbH, WABCO Holdings Inc., and ZF Friedrichshafen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Efforts toward cost reduction through the integration of advanced sensor technologies have been instrumental in driving the growth of the market. However, minimal benefits from standardizing the incorporation of AEBS might hamper the market growth.

Commercial Vehicle Advanced Emergency Braking System (AEBS) Market 2020-2024: Segmentation

Commercial Vehicle Advanced Emergency Braking System (AEBS) Market is segmented as below:

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Commercial Vehicle Advanced Emergency Braking System (AEBS) Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our commercial vehicle advanced emergency braking system (AEBS) market report covers the following areas:

This study identifies the adoption of AEBS with active steering control in commercial vehicles as one of the prime reasons driving the commercial vehicle advanced emergency braking system (AEBS) market growth during the next few years.

Commercial Vehicle Advanced Emergency Braking System (AEBS) Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the commercial vehicle advanced emergency braking system (AEBS) market, including some of the vendors such as Aisin Seiki Co. Ltd., Autoliv Inc., Continental AG, Delphin Technology AG, DENSO Corp., Hitachi Ltd., Hyundai Mobis Co. Ltd., Robert Bosch GmbH, WABCO Holdings Inc., and ZF Friedrichshafen AG. Backed with competitive intelligence and benchmarking, our research reports on the Commercial Vehicle Advanced Emergency Braking System (AEBS) Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Commercial Vehicle Advanced Emergency Braking System (AEBS) Market 2020-2024: Key Highlights

Table Of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Application

Customer Landscape

Geographic Landscape

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendor Analysis

Appendix

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COVID-19 Impact & Recovery Analysis - Commercial Vehicle Advanced Emergency Braking System (AEBS) Market (2020-2024) | Integration of Advanced...