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Global Automotive Brake Override System Market 2019-2023

Global Automotive Brake Override System Market 2019-2023

Global Automotive Brake Override System Market: About this market

Brake override systems utilize a fail-safe technology that detects simultaneous applications of brake pedal and accelerator pedal and overlooks the acceleration command to avoid an accident. Technavio’s automotive brake override system market analysis considers sales from both passenger cars and commercial vehicles. Our analysis also considers the sales of automotive brake override system in APAC, Europe, North America, South America, and MEA. In 2018, the passenger cars segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing sales of passenger cars across the globe, coupled with voluntary adoption for brake override systems by OEMs will play a significant role in the passenger cars segment to maintain its market position. Also, our global automotive brake override system market report looks at factors such as increased adoption of brake override system by OEMs, increasing demand for battery electric vehicles (BEV), implementation of stringent safety norms. However, development of new generation advanced braking technologies, malfunctioning issues coupled with the limitation of technology, limited availability of brake override system in developing and lower-middle-income economies may hamper the growth of the automotive brake override system industry over the forecast period.

Global Automotive Brake Override System Market: Overview

Increasing demand for battery electric vehicles (BEV)

Government incentives and policies leading to decreased BEV cost are driving the adoption of BEVs across the globe. Moreover, the rising awareness of vehicle emission, rapidly expanding EV charging infrastructure, and emission-related obligation imposed by regulatory bodies are driving the global demand for EVs. The increasing sales volume for BEVs and the incorporation of brake override systems in BEVs are supporting the growth of the global automotive brake override system market. This increasing demand for battery electric vehicles (BEV) will lead to the expansion of the global automotive brake override system market at a CAGR of over 4% during the forecast period.

Advances in ADAS technology

ADAS technologies assist drivers with braking, steering, warning, and monitoring. Regulatory norms and adoption by OEMs primarily drive the demand for ADAS, and it is likely to increase further in the upcoming years. Continuous efforts taken in the field of R&D have led to the development of advanced sensors and technologically sophisticated systems, which have been enhancing the reliability of advanced electronic technologies. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global automotive brake override system market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global automotive brake override system market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive brake override system manufacturers, that include Ford Motor Co., Honda Motor Co. Ltd., Hyundai Motor Co., Nissan Motor Co. Ltd., and Toyota Motor Corp.

Also, the automotive brake override system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


Companies Mentioned

Ford Motor Co., Honda Motor Co. Ltd., Hyundai Motor Co., Nissan Motor Co. Ltd., and Toyota Motor Corp.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global automotive components market
      • Table Segments of global automotive components market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Vendor's product offering
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by vehicle type
    • Table Vehicle type - Market share 2018-2023 (%)
    • Comparison by vehicle type
      • Table Comparison by vehicle type
    • Passenger cars - Market size and forecast 2018-2023
      • Table Passenger cars - Market size and forecast 2018-2023 ($ millions)
      • Table Passenger cars - Year-over-year growth 2019-2023 (%)
    • Commercial vehicles - Market size and forecast 2018-2023
      • Table Commercial vehicles - Market size and forecast 2018-2023 ($ millions)
      • Table Commercial vehicles - Year-over-year growth 2019-2023 (%)
    • Market opportunity by vehicle type
      • Table Market opportunity by vehicle type
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Advances in ADAS technology
    • OEMs' shift toward electrifying vehicle fleet
    • Increasing emergence of autonomous vehicles
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Ford Motor Co.
      • Table Ford Motor Co. - Vendor overview
      • Table Ford Motor Co. - Business segments
      • Table Ford Motor Co. - Organizational developments
      • Table Ford Motor Co. - Geographic focus
      • Table Ford Motor Co. - Segment focus
      • Table Ford Motor Co. - Key offerings
    • Honda Motor Co. Ltd.
      • Table Honda Motor Co. Ltd. - Vendor overview
      • Table Honda Motor Co. Ltd. - Business segments
      • Table Honda Motor Co. Ltd. - Organizational developments
      • Table Honda Motor Co. Ltd. - Geographic focus
      • Table Honda Motor Co. Ltd. - Segment focus
      • Table Honda Motor Co. Ltd. - Key offerings
    • Hyundai Motor Co.
      • Table Hyundai Motor Co. - Vendor overview
      • Table Hyundai Motor Co. - Business segments
      • Table Hyundai Motor Co. - Organizational developments
      • Table Hyundai Motor Co. - Geographic focus
      • Table Hyundai Motor Co. - Segment focus
      • Table Hyundai Motor Co. - Key offerings
    • Nissan Motor Co. Ltd.
      • Table Nissan Motor Co. Ltd. - Vendor overview
      • Table Nissan Motor Co. Ltd. - Business segments
      • Table Nissan Motor Co. Ltd. - Organizational developments
      • Table Nissan Motor Co. Ltd. - Geographic focus
      • Table Nissan Motor Co. Ltd. - Segment focus
      • Table Nissan Motor Co. Ltd. - Key offerings
    • Toyota Motor Corp.
      • Table Toyota Motor Corp. - Vendor overview
      • Table Toyota Motor Corp. - Business segments
      • Table Toyota Motor Corp. - Organizational developments
      • Table Toyota Motor Corp. - Geographic focus
      • Table Toyota Motor Corp. - Segment focus
      • Table Toyota Motor Corp. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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