Low-Speed Automotive Autonomous Emergency Braking System (AEBS) Market - Global Industry Research Analysis

Low-speed Automotive Autonomous Emergency Braking System (AEBS) Market Insights

According to Market Research Store, the global low-speed automotive autonomous emergency braking system (AEBS) market size was valued at around USD 3.33 billion in 2023 and is estimated to reach USD 8.11 billion by 2032, to register a CAGR of approximately 10.4% in terms of revenue during the forecast period 2024-2032.

The low-speed automotive autonomous emergency braking system (AEBS) report provides a comprehensive analysis of the market, including its size, share, growth trends, revenue details, and other crucial information regarding the target market. It also covers the drivers, restraints, opportunities, and challenges till 2032.

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Global Low-Speed Automotive Autonomous Emergency Braking System (AEBS) Market: Overview

A low-speed automotive autonomous emergency braking system (AEBS) is an advanced driver assistance system (ADAS) designed to prevent or mitigate collisions at lower vehicle speeds, typically under 50 km/h. It utilizes sensors such as radar, cameras, or LiDAR to detect obstacles, pedestrians, or other vehicles in the vehicle’s path. When a potential collision is detected, the system automatically applies the brakes to either avoid impact or reduce the severity of the crash. This technology is particularly useful in urban driving scenarios, traffic congestion, and parking situations, enhancing road safety and reducing minor accidents.

Key Highlights

• The low-speed automotive autonomous emergency braking system (AEBS) market is anticipated to grow at a CAGR of 10.4% during the forecast period.
• The global low-speed automotive autonomous emergency braking system (AEBS) market was estimated to be worth approximately USD 3.33 billion in 2023 and is projected to reach a value of USD 8.11 billion by 2032.
• The growth of the low-speed automotive autonomous emergency braking system (AEBS) market is being driven by stringent government safety regulations, increasing consumer awareness about vehicle safety, and the rising adoption of ADAS in modern vehicles.
• Based on the type, the hardware segment is growing at a high rate and is projected to dominate the market.
• On the basis of application, the passenger vehicle segment is projected to swipe the largest market share.
• By region, North America is expected to dominate the global market during the forecast period.

Low-Speed Automotive Autonomous Emergency Braking System (AEBS) Market: Dynamics

Key Growth Drivers:

• Rising Road Accidents: Increased urbanization and vehicle ownership lead to higher accident rates. AEBS systems help mitigate collisions, reducing injuries and fatalities.
• Stringent Safety Regulations: Governments worldwide are mandating advanced safety features, including AEBS, to improve road safety.
• Consumer Demand for Safety: Vehicle buyers increasingly prioritize safety features, driving demand for technologies like AEBS.
• Technological Advancements: Continuous improvements in sensor technology (cameras, radar) and AI algorithms enhance AEBS performance and reliability.

Restraints:

• High Initial Costs: Implementing AEBS systems can increase vehicle production costs, potentially impacting affordability.
• False Positives/Negatives: Inaccurate sensor readings or software glitches can trigger unintended braking or fail to intervene when necessary.
• Environmental Factors: Adverse weather conditions (snow, heavy rain) can interfere with sensor functionality, reducing AEBS effectiveness.

Opportunities:

• Integration with Advanced Driver-Assistance Systems (ADAS): Combining AEBS with other ADAS features (lane departure warning, adaptive cruise control) creates a more comprehensive safety suite.
• Pedestrian and Cyclist Detection: Expanding AEBS capabilities to detect and react to vulnerable road users like pedestrians and cyclists.
• V2X Communication: Integrating with vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication systems for enhanced situational awareness and collision avoidance.

Challenges:

• Standardization and Compatibility: Ensuring consistent performance and interoperability across different vehicle models and brands.
• Cybersecurity: Protecting AEBS systems from cyberattacks that could compromise vehicle safety.
• Public Perception: Addressing concerns about over-reliance on technology and the potential for driver distraction.

Low-speed Automotive Autonomous Emergency Braking System (AEBS) Market: Report Scope

Low-Speed Automotive Autonomous Emergency Braking System (AEBS) Market: Segmentation Insights

The global low-speed automotive autonomous emergency braking system (AEBS) market is divided by type, application, and region.

Segmentation Insights by Type

Based on type, the global low-speed automotive autonomous emergency braking system (AEBS) market is divided into hardware and software.

The hardware segment dominates the low-speed automotive autonomous emergency braking system (AEBS) market due to its critical role in enabling real-time object detection and collision avoidance. This segment includes essential components such as radar sensors, LiDAR, cameras, and braking actuators, which work together to ensure the vehicle responds effectively to potential collisions. Automakers heavily invest in high-quality hardware to enhance system reliability and compliance with safety regulations. Additionally, advancements in sensor technology and integration of AI-driven perception systems further drive the demand for hardware components, solidifying their dominance in the market.

The software segment, while slightly less dominant, plays a crucial role in interpreting sensor data and executing emergency braking decisions. This includes algorithms for object detection, machine learning models for predictive analysis, and real-time decision-making systems that determine braking force and timing. With the rise of connected and autonomous vehicles, software advancements continue to improve AEBS performance, reducing false alarms and enhancing system efficiency. Although software is essential, its dependency on robust hardware infrastructure makes it the secondary segment in terms of market share. However, as AI-driven braking technologies evolve, the software segment is expected to gain prominence in the future.

Segmentation Insights by Application

On the basis of application, the global low-speed automotive autonomous emergency braking system (AEBS) market is bifurcated into passenger vehicle and commercial vehicle.

The passenger vehicle segment dominates the low-speed automotive autonomous emergency braking system (AEBS) market due to the growing demand for advanced safety features in personal cars. Increasing consumer awareness, stringent government regulations, and rising adoption of driver-assist technologies by automakers contribute to the widespread integration of AEBS in passenger vehicles. Compact cars, sedans, and SUVs are increasingly equipped with AEBS to prevent low-speed collisions, particularly in urban environments with heavy traffic and frequent stop-and-go driving. Additionally, luxury and mid-range vehicles are incorporating AEBS as a standard or optional feature, further driving market growth in this segment.

The commercial vehicle segment, while smaller in market share, is gaining traction due to the rising emphasis on fleet safety and regulatory mandates for enhanced vehicle safety. Low-speed AEBS in commercial vehicles, such as delivery vans, trucks, and buses, helps mitigate collision risks in urban logistics and depot environments. Fleet operators are increasingly adopting AEBS to reduce accident-related costs, improve driver safety, and comply with evolving safety standards. However, the slower adoption rate compared to passenger vehicles is due to higher implementation costs and the gradual integration of advanced driver-assistance systems (ADAS) in the commercial sector. Despite this, ongoing advancements in autonomous driving technologies and regulatory pushes are expected to drive future growth in this segment.

Low-Speed Automotive Autonomous Emergency Braking System (AEBS) Market: Regional Insights

• North America is expected to dominates the global market

In North America, the market is witnessing substantial expansion due to stringent government regulations aimed at enhancing vehicle safety. The National Highway Traffic Safety Administration (NHTSA) has proposed rules mandating advanced AEB systems in all cars and light trucks by 2029, aiming to save hundreds of lives annually. This regulatory push, coupled with rising consumer awareness about vehicle safety features, is propelling the adoption of AEBS in the region. Additionally, technological advancements and collaborations, such as Goodyear's development of smart tires to improve AEB performance in adverse weather conditions, are further contributing to market growth.

Europe is also a significant player in the AEBS market, driven by stringent safety regulations and a strong focus on reducing road fatalities. The European Union has implemented advanced safety standards, including the mandatory inclusion of AEB systems in new vehicles. These regulations have led to increased adoption of AEBS among automakers operating in the region. Furthermore, European consumers' preference for advanced safety features and the presence of major automotive manufacturers contribute to the market's growth.

The Asia-Pacific region is experiencing rapid growth in the AEBS market, primarily due to the booming automotive industry in countries like China, Japan, and South Korea. Rising disposable incomes and increasing awareness of vehicle safety are driving demand for vehicles equipped with advanced safety systems, including AEBS. Government initiatives promoting vehicle safety and the presence of key automotive component manufacturers in the region further bolster market expansion.

In Latin America, the AEBS market is gradually gaining traction. While the adoption rate is currently lower compared to other regions, increasing awareness of vehicle safety and a growing automotive market present opportunities for future growth. Governmental efforts to improve road safety and the gradual implementation of safety regulations are expected to drive the adoption of AEBS in the coming years.

The Middle East and Africa region is in the nascent stages of AEBS adoption. Factors such as economic disparities, lack of stringent safety regulations, and limited consumer awareness have contributed to the slower uptake of advanced safety systems. However, with increasing urbanization and a growing automotive market, there is potential for future growth as governments and organizations work towards enhancing road safety standards.

Low-Speed Automotive Autonomous Emergency Braking System (AEBS) Market: Competitive Landscape

The report provides an in-depth analysis of companies operating in the low-speed automotive autonomous emergency braking system (AEBS) market, including their geographic presence, business strategies, product offerings, market share, and recent developments. This analysis helps to understand market competition.

Some of the major players in the global low-speed automotive autonomous emergency braking system (AEBS) market include:

• Robert Bosch GmbH
• ZF Friedrichshafen AG
• Continental AG
• Delphi (Aptiv)
• Autoliv
• WABCO
• Mobileye (Intel)
• Mando Corporation

The global low-speed automotive autonomous emergency braking system (AEBS) market is segmented as follows:

By Type

• Hardware
• Software

By Application

• Passenger Vehicle
• Commercial Vehicle

By Region

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • France
  • Germany
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• The Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East Africa

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