Anti-Lock Braking System Market
Anti-Lock Braking System Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Anti-Lock Braking System Market Size and Growth
The Anti-Lock Braking System (ABS) market is experiencing significant growth, driven by increasing vehicle production and safety regulations. In 2023, the ABS market size was valued at approximately $25 billion, with projections suggesting further expansion due to technological advancements and rising demand for advanced driver-assistance systems (ADAS) globally. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Bosch
◍ Continental
◍ ZF
◍ Autoliv
◍ WABCO
◍ Brakes India
◍ Hyundai Mobis
◍ Mando
The Anti-Lock Braking System (ABS) market is competitive, with key players like Bosch, Continental, ZF, Autoliv, WABCO, Brakes India, Hyundai Mobis, and Mando driving innovation and growth. These companies enhance ABS technology, improve safety, and expand market reach, contributing to a robust industry evolution.
- Bosch: €78 billion (2022)
- Continental: €39 billion (2022)
- ZF: €44 billion (2022)
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Market Segmentation
By Application
Motorcycles
Passenger Cars
Commercial Vehicles
By Product
◍ Pneumatic Anti-Lock Braking System
Hydraulic Anti-Lock Braking System
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Market Growth
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$ X Billion USD
