Report ID: SQMIG25A2265
Report ID:
SQMIG25A2265 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
87 |
Figures:
73
North America is estimated to account for a dominant stance in the global autonomous emergency braking system market. Imposition of stringent road safety mandates and growing awareness regarding benefits associated with the deployment of autonomous emergency braking systems are slated to help North America maintain its dominance through 2031. The United States is predicted to spearhead autonomous emergency braking system demand outlook in this region followed by Canada. Rising popularity of autonomous and self-driving vehicles will also boost the sales of autonomous emergency braking systems over the coming years.
Asia Pacific is projected to emerge as the fastest-growing market in the world for autonomous emergency braking system companies. The presence of key automotive manufacturers and growing emphasis on improving automotive safety are key factors that drive autonomous emergency braking system demand in this region. Rising incidence of road accidents and the imposition of stringent vehicle safety mandates are also slated to favor autonomous emergency braking system market development in the future. China, Japan, South Korea, and India are estimated to be the leading markets for autonomous emergency braking system suppliers in the Asia Pacific region going forward.
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Report ID: SQMIG25A2265