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Automatic Emergency Braking (AEB) Market by Type, 2021 - 2032 (Low Speed AEB System, High Speed AEB System, Pedestrians AEB System, Others), by Technology, 2021 - 2032 (Radar-based AEB systems, Camera-based AEB systems, LiDAR-based AEB systems, Ultrasonic-based AEB systems, Infrared-based AEB systems, Others), by Brake, 2021 - 2032 (Disc, Drum), by Vehicle Type, 2021 - 2032 (Passenger Cars, Commercial Vehicles), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain, Rest of Europe), by Asia Pacific (China, India, Japan, South Korea, ANZ, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by MEA (UAE, Saudi Arabia, South Africa, Rest of MEA) Forecast 2025-2033
The size of the Automatic Emergency Braking (AEB) Market was valued at USD 63.6 Billion in 2023 and is projected to reach USD 89.49 Billion by 2032, with an expected CAGR of 5% during the forecast period. The market for Automatic Emergency Braking (AEB) centers on advanced driver assistance technologies aimed at preventing or reducing collisions by automatically activating the brakes when a possible crash is identified. AEB systems utilize sensors, radar, cameras, and AI algorithms to assess the environment in real-time, identifying obstacles, pedestrians, or other vehicles that may be hazardous. The market consists of AEB solutions for different types of vehicles, such as passenger vehicles, commercial trucks, and public transportation vehicles. As safety standards tighten and the desire for safer cars increases among consumers, the global uptake of AEB technology has sped up. Furthermore, the increasing focus on minimizing road accidents and deaths, combined with improvements in sensor technology and machine learning, is fueling market expansion. AEB systems significantly contribute to the advancement of autonomous and semi-autonomous vehicles by improving their safety attributes. As car manufacturers work to comply with regulations and enhance vehicle safety, the Automatic Emergency Braking sector is projected to see significant growth, emerging as an essential part of contemporary automotive safety systems.
The AEB market is concentrated among a few major players, with the top four companies accounting for over 60% of the market share. The market is characterized by high levels of innovation, with new technologies and features being introduced on a regular basis. The impact of regulations is significant, with governments around the world introducing new standards and requirements for AEB systems. Product substitutes, such as lane departure warning systems and adaptive cruise control, are also available, but AEB systems are generally considered to be more effective. End user concentration is high, with the majority of AEB systems being installed in passenger cars. There is a high level of M&A activity in the market, with major players acquiring smaller companies to gain access to new technologies and markets.
The key market insights and trends that are driving the growth of the Automatic Emergency Braking (AEB) market include:
Region - North America
Segment - Passenger Cars
The report offers a comprehensive analysis of the Automatic Emergency Braking (AEB) market, encompassing:
The Automatic Emergency Braking (AEB) market is expected to grow steadily over the forecast period, driven by the increasing adoption of advanced safety technologies in vehicles. The market is expected to be dominated by North America and Europe, due to the strong presence of major automotive manufacturers and stringent government regulations. The Asia-Pacific region is expected to experience the highest growth, due to the increasing demand for vehicles and the growing awareness about road safety.
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
The key driving forces behind the growth of the Automatic Emergency Braking (AEB) market include:
The key challenges and restraints in the Automatic Emergency Braking (AEB) market include:
The key emerging trends in the Automatic Emergency Braking (AEB) market include:
Type
Technology
Brake
Vehicle Type
October 2023 - Continental announced a strategic alliance with DeepDrive to develop next-generation brake systems for electric vehicles. This collaboration focuses on integrating advanced emergency braking technologies to meet the demands of automated driving.
June 2023 - Aptiv launched a new suite of ADAS solutions, including an enhanced automatic emergency braking system. This system leverages high-resolution sensors and AI to provide superior collision avoidance capabilities.
The leading players in the Automatic Emergency Braking (AEB) market include:
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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