Japan Automotive Anti-lock Brake System (ABS) Sensors Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.5 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The automotive anti-lock brake system (ABS) sensors market for passenger cars is experiencing significant growth due to the rising demand for enhanced safety features. ABS sensors in passenger cars play a crucial role in preventing wheel lockup during braking, thereby maintaining steering control and reducing stopping distances. As consumers become more safety-conscious, automakers are increasingly integrating ABS systems into their vehicles, driving the market for these sensors. Technological advancements and stringent government regulations mandating the inclusion of ABS in passenger cars further bolster this segment's growth. The increased production of passenger cars, especially in emerging economies, also contributes to the rising demand for ABS sensors.
In addition, the trend towards electric and hybrid vehicles is propelling the market for ABS sensors in passenger cars. These vehicles often come equipped with advanced braking systems, including regenerative braking, which requires precise and reliable ABS sensors. The growth in ride-sharing and car rental services is another factor driving the demand for passenger cars equipped with ABS, as fleet operators prioritize safety features to attract customers. Overall, the passenger car segment is expected to remain a dominant force in the Japan automotive ABS sensors market, reflecting the broader trends in automotive safety and technological innovation.
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Bosch
Continental
MOBIS
ZF TRW
WABCO
Delphi
Denso
Sejong Industrial
Hitachi Metal
Knorr-Bremse
MHE
Xinyue Lianhui
Chengdu Changdi
Info (Shanghai)
Ningbo New Strongteck
HANGHZOU LIN`AN TECHRUN
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Automotive Anti-lock Brake System (ABS) Sensors Market
Passenger Car
Commercial Vehicle
Based on Types the Market is categorized into Below types that held the largest Automotive Anti-lock Brake System (ABS) Sensors market share In 2023.
Hall ABS Sensor
Magnetic Electric ABS Sensor
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan Automotive Anti-lock Brake System (ABS) Sensors Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Automotive Anti-lock Brake System (ABS) Sensors Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Automotive Anti-lock Brake System (ABS) Sensors Market, By Type
6. Japan Automotive Anti-lock Brake System (ABS) Sensors Market, By Application
7. Japan Automotive Anti-lock Brake System (ABS) Sensors Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Automotive Anti-lock Brake System (ABS) Sensors Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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