Market Share of Automotive Autonomous Emergency Braking System Industry
The automotive autonomous emergency braking system market is dominated by several key players, such as Robert Bosch GmbH, Continental AG, ZF Friendrichagen AG, Hyundai Mobis, and Hitachi Automotive System Ltd. Key players continue to gain a competitive edge in the global market by engaging in strategic approaches. Consistent advancements and innovations in braking systems have assisted manufacturers in gaining traction in the competitive market. For instance,
• In July 2023, ZF Friedrichshafen AG and Volta Trucks signed a long-term agreement for the integration of components and parts in the all-electric Volta Zero electric truck. ZF provided the OnGuardACTIVE advanced emergency braking system, the electronic braking system including the brake pedal box, the ESCsmart electronic stability control, and the OnHand electro-pneumatic handbrake.
• In June 2023, the US National Highway Transportation Safety Administration (NHTSA) announced that heavy trucks and buses must include automatic emergency braking equipment (AEB) within five years.
Automotive Autonomous Emergency Braking System Market Leaders
-
Robert Bosch GmbH
-
Continental AG
-
ZF Friendrichafen AG
-
Aisin Corporation
-
Hyundai Mobis Co. Ltd.
*Disclaimer: Major Players sorted in no particular order
