The global IBS (Intelligent Braking System) market was valued at 1043.89 Million USD in 2020 and will grow with a CAGR of 45.79% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Automobile intelligent braking system (IBS) is called electric brake booster. It is composed of mechanical device and electronic control unit. It senses the force and speed of the driver stepping on the brake through the sensor, and transmits it to the electric control unit. After the signal processing, the electronic control unit transmits the signal to the servo motor in the booster mechanism. Driven by the amplification mechanism of mechanical transmission, the main brake pump is pushed to work, so as to realize electricity Control action. The types of IBS market mainly include Two-Box and One-Box type. In 2019, the production of two box accounts for 65% of the total market share. IBS is used in pure electric vehicles and hybrid vehicles, and its main production areas are North America, Europe, Japan and China.
By Market Verdors:
Robert Bosch GmbH
ZF Friedrichshafen AG
NASN Automotive Electronics
Pure Electric Vehicle
Hybrid Electric Vehicle
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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