Anti-Lock Braking System Market — Comprehensive Evaluation of Regional Markets, Technology, Types and Applications

Anti-lock braking system (ABS) is a safety system for automobiles which is intended to keep the wheel rotating and to prevent the skidding of the vehicle. Mechanical anti-lock systems were developed originally in the late 1920s for use in aircrafts. This mechanical systems witness was used at limited instances in vehicles at that time, but never found widespread usage, owing to its unreliability and high price tag. However, anti-lock braking systems are now a standard feature in most of the vehicles and it offers expanded functions as well.
Anti-lock braking systems are already mandatory in the developed regions of North America and Europe, while the stringent legislations and safety norms in the developing countries are set to rapidly generate demand for these systems, thereby creating high growth opportunities for the anti-lock braking systems market.
The global automotiveanti-lock braking systemmarket can be segmented, by components into speed sensors, hydraulic motor, pressure release valves,brake calipers and control module.On the basis of types of the global market can be classified into Four-Channel, Four-Sensor; Three-Channel, Three-Sensor and One-Channel, One-Sensor.
In addition, the market can be geographically divided broadly into five regions, namely: North America, Europe, Asia Pacific, South America and Middle East and Africa.The anti-lock braking system market in North America and Europe has a high penetration rate and is already well-established. 

Comments

Post a Comment

Popular posts from this blog

Floor Grinding Machines Market Projected to Reach $344.6 million by 2027

The global floor grinding machines market size was valued at $271.0 million in 2019, and is projected to reach $344.6 million by 2027, registering a CAGR of 3.1% from 2020 to 2027. Asia-Pacific generated the highest revenue in 2019, and is expected to grow at a highest CAGR during the forecast period, followed by LAMEA and North America. Floor grinding machine products witnessed a higher demand, owing to the durability and availability at low cost. Moreover, advancements in floor grinding machines with GPS and others further strengthen the floor grinding machines market growth.  Request PDF Sample Copy @ https://www.alliedmarketresearch.com/request-sample/A06328 In addition, surge in residential construction industry in the developing countries such as India, China, India, and Brazil is expected to increase the demand for floor grinding machines. However, high maintenance and repair costs hamper the floor grinding machines market growth. The impact of this factor is anticipated to ...
Read more

Energy-Efficient Windows Market Segmentation and Key Companies by 2027

The global market for energy-efficient windows is poised for substantial growth, projected to reach $29,023.8 million by 2027, up from $15,594.0 million in 2019, with a notable compound annual growth rate (CAGR) of 8.1% from 2020 to 2027. In 2019, North America emerged as the dominant force in the market, capturing 33.6% of the total revenue share. Dont Miss Out Download Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/A06191 Energy-efficient windows play a crucial role in reducing the reliance on artificial heating and cooling systems within buildings by providing effective insulation against heat loss and gain from the external environment. Comprising three key elements—glass or glazing, frames, and associated hardware—these windows undergo certification based on metrics like the solar heat gain coefficient (SHGC) and U-factor, qualifying for Energy Star Ratings issued by the National Fenestration Rating Council (NFRC) in the U.S. The SHGC assesses solar h...
Read more

Press Brakes Market Exploring the Growth at a CAGR of 5.9% By 2032

The press brakes market size was valued at $568.15 million in 2022, and is estimated to reach $995.3 million by 2032, growing at a CAGR of 5.9% from 2023 to 2032. A press brake is a machine utilized in metalworking and fabrication procedures to bend and shape sheet metal. It consists of an effective hydraulic or mechanical press that applies force to a metal workpiece, forcing it into a predetermined form by means of a die. Request PDF Sample Copy @ https://www.alliedmarketresearch.com/request-sample/A08707 The press brake's adjustable back gauge allows for specific and repeatable bends, making it a versatile tool for the manufacturing of diverse metal components. Commonly found in manufacturing settings, press brakes are crucial for forming metallic parts utilized in industries inclusive of automotive, aerospace, and construction. Growing industrialization is one of the major factor driving the growth of press brakes market. For instance, in August 2022, Accurl displayed the...
Read more