DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Commercial Vehicle Anti-lock Braking System Market 2016-2020" report to their offering.
The report forecasts the global commercial vehicle anti-lock braking system market to grow at a CAGR of 6.24% during the period 2016-2020.
While driving a vehicle, braking is a mandatory operation that is needed to control the vehicle. There are different road-side driving conditions such as off-highway conditions, city traffic among others that have led to the evolution of the different automotive braking systems. This has led to the development of anti-lock braking systems, autonomous braking systems, and advanced emergency braking systems among others. The ABS plays a crucial role in preventing skidding and locking of tires when the brakes are pressed. In an ABS equipped commercial vehicle, the sensor technology enables sensing of the wheel lock-up and sends corrective actions to enable the driver to establish control of the vehicle.
The emergence of new businesses and opportunities for other vertical markets and market adjacencies will gain traction in this market. As the safety systems penetration in commercial vehicle increases, analysts believe that this will pave the way for adjacent market opportunities.
Key vendors:
- Continental
- Bosch
- Delphi
- Wabco
- ZF-TRW
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Geographical segmentation
Part 07: Market drivers
Part 08: Market challenges
Part 09: Market trends
Part 10: Vendor landscape
Part 11: Key vendor analysis
Part 12: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/j9jn94/global_commercial
