Automotive Anti-Lock Braking System (ABS) Market Increasing Demand, Growth Analysis and Future Outlook by 2031

ABS market is anticipated to grow at a considerable CAGR of 9.6% during the forecast period. The primary factor contributing toward the market growth includes the rising incidence of road-accidents across the globe, which has increased the concerns related to road safety. According to the World Health Organization (WHO), around 1.3 million people loses life in road accidents every year, and about half of the casualties occur in middle and low-income economies that have less than 50% of the global total vehicles. Thus, to reduce cases of road accidents and provide improved enhanced safety, the automobile manufacturers are offering better ABS in vehicles, which in turn will bolster the market growth. ABS, are found in automobiles, trucks, buses, and motorcycles. It stops wheels from locking up and vehicles from slipping out of control. Additionally, the ABS reduces the distance on rough and dry roads, protecting cars from crashing in emergency situations.

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Among the vehicle type, the passenger cars sub-segment is expected to hold a significant share of the global ABS market. The primary factor supporting the segmental growth includes the rising introduction and implementation of various government regulations. The growing demand for vehicle safety and control systems in automotive industries such as ABS has pushed the government to introduce new safety regulations across the globe. For instance, in March 2021, the Indian Central Government announced to mandate of various safety features such as electronic stability control and autonomous emergency braking system in automobiles from 2022-2023 onwards. Some other features which will be made compulsory include ABS, a speed alert system, reverse parking sensors, driver & passenger seatbelt reminders, and manual override for a central locking system. Furthermore, earlier in 2021, the government mandated the provision of 6 airbags in passenger cars, in order to provide enhanced safety to the users.

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• Market Coverage


• Market number available for – 2025-2031


• Base year- 2025


• Forecast period- 2025-2031


• Segment Covered- By Source, By Product Type, By Applications


• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill


• , and others

Market Segmentation

Global Automotive Anti-Lock Braking Systems (ABS) Market by Sub-System Type

• Sensors


• Electronic Control Unit (ECU)


• Hydraulic Unit

Global Automotive Anti-Lock Braking Systems (ABS) Market by Vehicle Type

• Two-Wheeler


• Passenger Cars


• Commercial Vehicle

Regional Analysis

• North America


• United States


• copyright


• Europe


• UK


• Germany


• Italy


• Spain


• France


• Rest of Europe


• Asia-Pacific


• China


• India


• Japan


• South Korea


• Rest of Asia-Pacific


• Rest of the World

Company Profiles 

• Advics Co., Ltd.


• Autoliv Inc.


• Beijing Automotive Group Co., Ltd.


• BWI Group


• Continental AG


• Delphi Technologies


• DENSO Corp.


• Haldex AB


• Hitachi, Ltd.


• Jiaozuo Brake Co., Ltd.


• JUNEN Enterprise Corp.


• KEMI Lab


• Knorr-Bremse Group


• Robert Bosch GmbH


• The Asia/Pacific Group


• The Distance Education Accrediting Commission (DETC)


• The Mando Corp.


• ZF Friedrichshafen AG

The Report Covers

• Market value data analysis of 2021 and forecast to 2028.


• Annualized market revenues ($ million) for each market segment.


• Country-wise analysis of major geographical regions.


• Key companies operating in the global automotive anti-lock braking system (ABS) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.


• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.


• Analysis of market-entry and market expansion strategies.


• Competitive strategies by identifying ‘who-stands-where’ in the market.

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