Autonomous Emergency Braking (AEB) System Market - Growth, Trends, and Forecast (2020 - 2025)
The report " Autonomous Emergency Braking (AEB) System Market by Key Technology (Camera, Fusion, LiDAR, and Radar), Vehicle Type, Operating Speed, Application, Level of Automation Driving, Component (Actuators, Audible Buzzers) and Region - Global Forecast to 2025" , The autonomous emergency braking (AEB) system market is projected to grow and reach USD 55.31 Billion by 2025, growing at a CAGR of 22.23% from 2020 to 2025. Government mandates in European countries and the US and rising safety concerns shall be the major drivers for the growth of this market. The Passenger Vehicle (PV) segment is projected to hold the largest share in terms of value for autonomous emergency braking system market by vehicle type For autonomous emergency braking (AEB) system by vehicle type, Passenger Vehicles (PV) segment is projected to lead the market in terms of value. The primary reason being more concern related to safety among passenger vehicle users compared with commer...