Anti-Lock Braking Systems

Global Anti-Lock Braking Systems Market to Reach US$84.1 Billion by 2030

The global market for Anti-Lock Braking Systems estimated at US$57.2 Billion in the year 2024, is expected to reach US$84.1 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2024-2030. Hydraulic Unit, one of the segments analyzed in the report, is expected to record a 7.1% CAGR and reach US$39.6 Billion by the end of the analysis period. Growth in the Electronic Control Unit segment is estimated at 6.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$15.2 Billion While China is Forecast to Grow at 10.8% CAGR

The Anti-Lock Braking Systems market in the U.S. is estimated at US$15.2 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$19.3 Billion by the year 2030 trailing a CAGR of 10.8% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.3% and 7.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Global Anti-Lock Braking Systems Market - Key Trends and Drivers Summarized

What Exactly Are Anti-Lock Braking Systems and How Do They Work?

Anti-lock Braking Systems (ABS) are pivotal safety features in modern vehicles designed to prevent wheel lock-up during emergency braking situations. By maintaining tractive contact with the road surface, ABS ensures that drivers retain steering control during hard braking, which can be crucial in avoiding accidents. The system comprises sensors that monitor wheel speed, a controller that processes the sensor data, and actuators that modulate the brake force applied to each wheel. When the system detects that a wheel is about to lock up, it rapidly pulses the brake force to that wheel, preventing the lock-up and maintaining traction. This process can occur multiple times per second, far faster than a human driver could manage manually, highlighting the advanced nature of ABS technology.

Why Is ABS Critical for Modern Vehicle Safety?

The implementation of ABS has transformed vehicle safety standards worldwide. ABS significantly reduces the risk of skidding, especially on slippery or uneven surfaces, by preventing wheels from locking up. This maintains vehicle control and directional stability, which is particularly beneficial during sudden stops or evasive maneuvers. Additionally, ABS has been shown to reduce stopping distances on wet or icy roads, enhancing overall safety. The technology also plays a critical role in assisting other advanced driver assistance systems (ADAS), such as electronic stability control (ESC) and traction control systems (TCS), by providing the necessary braking precision and control. The widespread adoption of ABS underscores its importance, as regulatory bodies in many countries mandate its inclusion in all new vehicles, emphasizing the system`s integral role in modern automotive safety.

What Are the Latest Trends and Innovations in ABS Technology?

The ABS landscape is continuously evolving, driven by advancements in sensor technology, data processing capabilities, and integration with other automotive systems. One significant trend is the development of more sophisticated and compact ABS units that can be easily integrated into various vehicle platforms, including electric and hybrid vehicles. Innovations in sensor technology have led to more accurate and responsive ABS systems that can adapt to different driving conditions in real-time. Another notable trend is the integration of ABS with autonomous driving technologies, where the precise control offered by ABS is crucial for the safe operation of self-driving cars. Additionally, advancements in artificial intelligence and machine learning are being leveraged to enhance ABS performance by predicting and responding to potential road hazards more effectively. These trends reflect the ongoing commitment to improving vehicle safety and performance through cutting-edge ABS technology.

What Factors Are Driving the Growth in the ABS Market?

The growth in the ABS market is driven by several factors reflecting technological advancements, regulatory requirements, and changing consumer behavior. The increasing emphasis on vehicle safety by consumers and regulatory bodies is a primary driver, as ABS has become a standard safety feature in new vehicles globally. Technological advancements, such as the development of integrated braking systems and the use of advanced materials to reduce weight and improve efficiency, are expanding the market`s potential. The rise in electric and hybrid vehicles also contributes to market growth, as these vehicles require advanced braking systems to manage regenerative braking and other unique challenges. Additionally, the growing popularity of autonomous and connected vehicles is spurring demand for sophisticated ABS systems that can work seamlessly with other ADAS technologies. Furthermore, the expansion of the automotive industry in emerging markets, coupled with rising disposable incomes and increased awareness of vehicle safety, is driving the adoption of ABS in these regions. These factors collectively highlight the dynamic and evolving nature of the ABS market, underscoring its critical role in the future of automotive safety.

SCOPE OF STUDY:

The report analyzes the Anti-Lock Braking Systems market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Sub System Type (Hydraulic Unit, Electronic Control Unit, Sensor); Component (Controllers, Pumps, Valves, Speed Sensors); End-Use (Motor Cycles, Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 12 Featured) -

• ADVICS Co., Ltd.
• Aisin Seiki Co., Ltd.
• Autoliv, Inc.
• Continental AG
• Delphi Technologies
• DENSO International Europe B.V.
• Haldex Brake Products Corporation
• Hitachi Automotive Systems Ltd.
• Hyundai Mobis Co., Ltd.
• Hyundai Mobis Co., Ltd.
• Nissin Kogyo Co., Ltd.
• Robert Bosch GmbH

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

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We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

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APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

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