Automotive ABS and ESC Market (Updated Version Available)

The Automotive ABS and ESC market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
An anti-lock braking system or anti-skid braking system (ABS) is an automobile safety system that allows the wheels on a motor vehicle 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. It is an automated system that uses the principles of threshold braking and cadence braking which were practiced by skillful drivers with previous generation braking systems. It does this at a much faster rate and with better control than many drivers could manage. Electronic stability control (ESC), also referred to as electronic stability program (ESP) or dynamic stability control (DSC), is a computerized technology that improves a vehicles stability by detecting and reducing loss of traction (skidding).When ESC detects loss of steering control, it automatically applies the brakes to help \"steer\" the vehicle where the driver intends to go.
Among other regions, Europe market has the biggest share of global automotive ABS and ESC market, flowed by North America market. But the latter region is projected to see a much higher CAGR during the forecast period.
On the basis of end user, light commercial vehicle is the most important buyer in the global automotive ABS and ESC market. However, the heavy commercial vehicles is expected to see a higher CAGR over the forecast period.
In the global Automotive ABS and ESC market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.

In global market, the following companies are covered:
Autoliv
Contenental
Delphi
Denso
Robert Bosch
TRW
Machino
Haldex
Aisin Seiki
Hitachi

Market Segment by Product Type:
Three Channel ABS
Four Channel ABS
ESC

Market Segment by Application:
Compact Vehicle
Mid-Sized Vehicle
Premium Vehicle
Luxury Vehicle
Commercial Vehicle
Heavy Commercial Vehicle

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive ABS and ESC market for the forecast period 2020 - 2025?
• What are the driving forces in the Automotive ABS and ESC market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive ABS and ESC industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?