Antilock Braking System Market

Anti-lock braking system (ABS) is an automotive safety system, allowing the wheels to maintain tractive contact with the road surface according to driver inputs while braking, preventing the wheels from locking up (ceasing rotation) and avoiding uncontrolled skidding. In general, anti-lock braking system (ABS) can benefit in two ways: stop faster and be able to steer while you stop.

There are four main components to an ABS system: speed sensors, pump, valves and controller. Speed sensors, located at each wheel, can provide the information that when a wheel is about to lock up. The valve is in the brake line of each brake controlled by the ABS. When a valve reduces the pressure in a line, the pump is there to get the pressure back up. The controller is a computer in the car, watching the speed sensors and controlling the valves.

Antilock Braking System Market contains market size and forecasts of Antilock Braking System (ABS) in global, including the following market information:

Global Antilock Braking System (ABS) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Antilock Braking System (ABS) Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Antilock Braking System (ABS) companies in 2021 (%)

The global Antilock Braking System (ABS) market was valued at 21960 million in 2021 and is projected to reach US$ 27300 million by 2028, at a CAGR of 3.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

One-channel ABS Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Antilock Braking System (ABS) include Bosch, Continental, TRW, ADVICS, Hyundai Mobis, Mando, Wabco, Knorr-Bremse and Hitachi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Antilock Braking System (ABS) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Antilock Braking System (ABS) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Antilock Braking System (ABS) Market Segment Percentages, by Type, 2021 (%)

One-channel ABS

Two-channel ABS

Three-channel ABS

Four-channel ABS

Global Antilock Braking System (ABS) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Antilock Braking System (ABS) Market Segment Percentages, by Application, 2021 (%)

Passenger Car

Commercial Vehicle

Global Antilock Braking System (ABS) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Antilock Braking System (ABS) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Antilock Braking System (ABS) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Antilock Braking System (ABS) revenues share in global market, 2021 (%)

Key companies Antilock Braking System (ABS) sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Antilock Braking System (ABS) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Bosch

Continental

TRW

ADVICS

Hyundai Mobis

Mando

Wabco

Knorr-Bremse

Hitachi

Nissin Kogyo

Junen

Wanxiang

APG

Kormee

Dongfeng Electronic

Guangzhou Sivco