- Automotive Anti-Lock Braking Systems are advanced safety technologies that prevent wheel lock-up during braking, enhancing vehicle control and reducing stopping distances on various road surfaces.
- The market is propelled by growing road safety awareness, advancements in sensor and IoT technologies, and the integration of ABS with electronic stability control (ESC) and autonomous emergency braking (AEB).
- North America holds a significant market share due to stringent safety regulations, high vehicle production, and the presence of key players like Robert Bosch GmbH and Continental AG.
- Asia-Pacific is expected to register the fastest growth, fueled by increasing vehicle production, rising disposable incomes, and government mandates for ABS in countries like China, India, and Japan.
- The passenger car segment is projected to account for a significant market share of approximately 56.21% in 2025, driven by widespread ABS adoption in passenger vehicles to enhance safety and comply with regulations.
