Market Research Report
Automatic Emergency Braking (AEB)
|Published by||Global Industry Analysts, Inc.||Product code||994436|
|Published||Content info||136 Pages
Delivery time: 1-2 business days
|Automatic Emergency Braking (AEB)|
|Published: April 1, 2021||Content info: 136 Pages||
Global Automatic Emergency Braking (AEB) Market to Reach $60.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Automatic Emergency Braking (AEB) estimated at US$20.2 Billion in the year 2020, is projected to reach a revised size of US$60.3 Billion by 2027, growing at a CAGR of 16.9% over the period 2020-2027.
The U.S. Market is Estimated at $5.5 Billion, While China is Forecast to Grow at 21.4% CAGR
The Automatic Emergency Braking (AEB) market in the U.S. is estimated at US$5.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$13.7 Billion by the year 2027 trailing a CAGR of 21.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.1% and 15.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.5% CAGR.
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