LONDON--(BUSINESS WIRE)--Technavio has declared the top six leading vendors in their recent global automotive advanced emergency braking (AEB) system market report. In terms of geographical coverage, the report analyzes three geographic regions and explicitly states key leading countries in the respective regions according to the market. The regions include Americas, EMEA, and APAC.
Collision avoidance and mitigation technologies, like AEB, reduce the probability of rear-end collisions, which has been found to be one the most common causes of collisions on the road, by almost 40%. The drop in collision rates has resulted in the reduction of insurance claims, which acts as a major driving force for the growth of the global automotive AEB system market.
The adoption rate of autonomous braking technologies is higher among automakers as automotive governing councils are pushing automakers by laying down stricter vehicle safety norms. In line with this, automakers in the US have agreed to make AEB a mandatory standard in their vehicles by 2022.
Competitive vendor landscape
The global automotive AEB system market consist of a few established players in the market that are manufacturers or suppliers of automotive AEB system to OEMs. The competitive environment in this market may intensify in step with stringent safety norms and increase in vehicle safety awareness among people. Dominant automotive economies like Europe, Americas, and Japan display the highest adoption and growth rate, as most of the vehicles manufactured in this region are fitted with advanced braking technologies owing to the stricter braking distance norms.
“With the transportation sector evolving both in terms of powertrain and electrification of components, braking technologies seem to have high market potential for growth in the years to come. While the established and renowned vendors in the market are focusing on designing and developing advance braking systems, the new players are making their way into more conventional and passive braking technologies,” says Siddharth Jaiswal, a lead automotive electronics research analyst from Technavio.
The automotive AEB system market is marked by the presence of a few established international vendors in the market. The barriers to entry in this niche braking technology are high, making it difficult for smaller local players to provide competition to their larger counterparts. The advanced braking technologies require both time and investment for development, which makes the threat of new entrant's low in the automotive AEB system market.
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Top six automotive AEB systems market vendors
Bosch offers a predictive emergency braking system that provides active brake support for speeds up to 18 mph. The Bosch's system makes use of radar sensors in addition to ESC and electronic stability program (ESP) to constantly monitor the traffic ahead of the vehicle. If the system detects that the distance of the upcoming vehicle or obstacle is reducing below the critical limit, the sensors prepare the vehicle braking system by pre-activating it so that the drivers can apply the emergency brake. In case the system detects that the driver is not responding to the situation and the vehicle is still approaching the obstacle ahead, the system issues a warning in the form of audio and visual signals to make the driver aware of the situation. Thus, the system helps prevent a series of crashes.
Continental AG developed a new SRL Cam for AEB system. The sensor module consists of a complimentary metal-oxide semiconductor (CMOS) camera with an infrared LiDAR in a single unit. Combining the advantages of both the components, the system offers high reliability in terms of detecting a vehicle in front to avoid collisions. The system can aid in preventing crashes for vehicle speed up to 31 mph and can reduce the force of impact in speeds in excess of 31 mph.
Delphi has developed an integrated Radar and camera sensing system known as the RAcam which combines the various sensing technologies of radar, vision, and data-based technologies in a single compact unit. The technology is designed to help OEMs design and develop FCW, ACC, LDW, and autonomous braking systems. The system developed by Delphi works by using data fusion algorithms from each of the radar and camera module that warns the driver in advance to reduce the probability of an accident.
The company's emergency braking technology consists of a combination of ESC and ADAS to avoid the collision from happening at the first place. The technology from ZF-TRW uses data generated from long-range radar (LRR) and mid-range radar (MRR) to continuously monitor the road. The system is compatible for driving in city and high speeds with the help of the video camera integrated on the vehicle's front windshield.
The company was incorporated in 1997 as a result of the merger between Swedish company Autoliv AB and a US company Morton SP. The company is the largest automotive safety equipment supplier, with headquarters in Stockholm, Sweden. The company deals in designing and manufacturing of automotive safety systems such as active safety systems, Radar systems, vision systems, night vision systems, and brake systems.
Mobileye is a technological leader in the area of software, system-on-chips and customer applications for building vision-based driver assistance systems. Mobileye’s proprietary software algorithms and EyeQ chip are the best in the segment. Company’s EyeQ chip and algorithms have been integrated into the new car models since 2007.
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