DUBLIN, Nov. 23, 2022 /PRNewswire/ — The “Autonomous Emergency Braking Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering.
The global autonomous emergency braking market is expected to grow from $31.32 billion in 2021 to $37.33 billion in 2022 at a compound annual growth rate (CAGR) of 19.2%. The autonomous emergency braking market is expected to grow to $69.58 billion in 2026 at a compound annual growth rate (CAGR) of 16.8%.
The main vehicle types for autonomous emergency braking are passenger cars and commercial vehicles. A passenger car is a road motor vehicle, other than a motor cycle, intended for the carriage of passengers and designed to seat no more than nine people (including the driver) The different brake types available are disc and drum, and the technology used includes crash imminent braking and dynamic braking support. The various systems involved are low speed AEB system, higher speed AEB system and pedestrian AEB systems.
Asia Pacific was the largest region in the autonomous emergency braking market in 2021. The regions covered in the autonomous emergency braking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The rising number of accidents is expected to propel the growth of the autonomous emergency braking market going forward. Accidents refer to any injury due to crashes involving a vehicle partially or fully on a public road. …