Electronic Stability Control System Market with COVID-19 Impact Analysis, Vehicle Type (Passenger Cars, and Commercial Vehicles), Sales Channel (OEM and Aftermarket) and By Region Size, Share & Forecast from 2022-2028
Report Code: AV1163
Industry: Semiconductor and Electronics
Publiced On: 2022-10-27
Pages: 309
Format:
REPORT HIGHLIGHT
Electronic Stability Control System Market size was USD 35,008.8 million in 2021. The market is anticipated to grow at a CAGR of 9.5% in the 2022-2028 period.
Electronic Stability Control (ESC), sometimes known as the electronic stability programme, is a type of active safety system that may be installed in vehicles such as automobiles, coaches, buses, and trucks. The system is an antilock braking technology extension that includes a speed sensor and independent braking for all four wheels. The fundamental goal of ESC is to keep the vehicle from sliding in a variety of driving circumstances and situations. To avoid vehicle sliding, the system detects crucial driving circumstances and provides particular brake pressure to one or more wheels.
Market Dynamics
The increasing development and implementation of autonomous mobility is expected to generate profitable chances for electronic stability control system market growth. Furthermore, safety is a selling factor for driverless cars; hence, demand for increased safety features in these autonomous vehicles is positively affecting market growth. Furthermore, one of the primary factors projected to boost market growth is the expanding electrification of automobiles. Almost all new electric vehicles include enhanced safety systems such as autopilot, ESC, and others. As a result, increased EV adoption and the expansion of EV charging infrastructure are likely to boost market growth throughout the projection period.
Furthermore, in order to produce completely autonomous vehicles, level 5 vehicles must be outfitted with numerous safety systems such as ADAS, and ESC. As a result, manufacturers' increasing investment in R&D operations to build completely autonomous vehicles is likely to drive market growth in the next years. In April 2017, for example, Bosch and Daimler announced a collaboration to create fully automated (SAE Level 4) and driverless (SAE Level 5) driving.
The electronic stability control system market is expanding as end users place a greater focus on vehicle safety. However, the COVID-19 scarcity of microprocessors is impeding the growth of the electronic stability control system industry. Meanwhile, rising homologation standards throughout the world are expected to boost the electronic stability control system market.
Segmentation Analysis:
Electronic Stability Control System is segmented on the basis of Vehicle Type, Sales Channel and Region.
The market is divided into two categories based on vehicles: passenger automobiles and commercial vehicles.
Due to increased demand for premium passenger vehicles with improved safety features, the passenger car sector retained the biggest market share of 60.3 percent in 2020. Furthermore, government laws and regulations requiring the use of ESC in passenger cars boost market growth. Various automakers, including Daimler, Toyota, and others, produce passenger vehicles with pre-installed ESC systems. Other mid-tier car manufacturers intend to integrate ESC in their passenger vehicles because to the growing number of safety rules.
The market is divided into OEM and aftermarket segments based on the sales channel.
The OEM sector accounted for 94.9 percent of the market in 2020 and is likely to maintain its dominance in the years ahead. The focus of automakers on developing vehicles with pre-installed ESC is anticipated to augment market development. Furthermore, regulatory guidelines for ESC installation push OEMs to include these systems in their cars. Furthermore, increased rivalry among OEMs to supply updated safety features for market consolidation are some of the variables likely to affect segment growth in the next years.
Competitive Landscape:
The biggest competitors in the worldwide industry are consolidating. The major manufacturers are broadening their product portfolios in order to deliver a stability control system that is compatible with a wide range of passenger and large commercial vehicles. Furthermore, leading automakers intend to collaborate on the development of an autonomous driving system with improved safety measures.
For example, Bosch and Daimler collaborated to create fully automated (SAE Level 4) and driverless (SAE Level 5) driving systems. Likewise, manufacturers also use a variety of sensors to improve system accuracy and reinforce their market position.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL ELECTRONIC STABILITY CONTROL SYSTEM MARKET KEY PLAYERS
- AISIN GROUP
- Autoliv
- ADVICS CO., LTD.
- Knorr-Bremse AG
- Continental AG
- Hitachi Automotive Systems, Ltd.
- Bosch Mobility Solutions
- Johnson Electric Holdings Limited
- Murata Manufacturing Co., Ltd.
- ZF Friedrichshafen AG
GLOBAL ELECTRONIC STABILITY CONTROL SYSTEM MARKET, BY VEHICLE TYPE
- Passenger Cars
- Commercial Vehicles
GLOBAL ELECTRONIC STABILITY CONTROL SYSTEM MARKET, BY SALES CHANNEL
- OEM
- Aftermarket
GLOBAL ELECTRONIC STABILITY CONTROL SYSTEM MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
TABLE OF CONTENT
1. Electronic Stability Control System Market Overview
1.1. Study Scope
2. Executive Summary
2.1. Market Snippet
2.1.1. Market Snippet by Vehicle Type
2.1.2. Market Snippet by Sales Channel
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. Electronic Stability Control System Key Market Trends
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. Electronic Stability Control System Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Electronic Stability Control System Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Electronic Stability Control System Market Landscape
6.1. Market Share Analysis, 2021
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Electronic Stability Control System Market – By Vehicle Type
7.1. Overview
7.1.1. Segment Share Analysis, By Vehicle Type, 2021 & 2028 (%)
7.1.2. Passenger Cars
7.1.3. Commercial Vehicles
8. Electronic Stability Control System Market – By Sales Channel
8.1. Overview
8.1.1. Segment Share Analysis, By Sales Channel, 2021 & 2028 (%)
8.1.2. OEM
8.1.3. Aftermarket
8.1.4. Others
9. Electronic Stability Control System Market– By Geography
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2021 & 2028 (%)
9.2. North America
9.2.1. Overview
9.2.2. Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.2.4. North America Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.2.5. North America Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.2.6. U.S.
9.2.6.1. Overview
9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.2.6.3. U.S. Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.2.6.4. U.S. Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.2.7. Canada
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.2.7.3. Canada Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.2.7.4. Canada Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.3.4. Europe Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.5. Europe Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.3.6. Germany
9.3.6.1. Overview
9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.6.3. Germany Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.6.4. Germany Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.3.7. Italy
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.7.3. Italy Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.7.4. Italy Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.3.8. United Kingdom
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.8.3. United Kingdom Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.8.4. United Kingdom Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.3.9. France
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.9.3. France Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.9.4. France Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.3.10. Russia
9.3.10.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.10.2. Russia Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.10.3. Russia Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.3.11. Netherlands
9.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.11.2. Netherlands Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.11.3. Netherlands Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.3.12. Sweden
9.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.12.2. Sweden Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.12.3. Sweden Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.3.13. Poland
9.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.13.2. Poland Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.13.3. Poland Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.3.14. Rest of Europe
9.3.14.1. Overview
9.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.14.3. Rest of the Europe Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.14.4. Rest of the Europe Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.4.6. India
9.4.6.1. Overview
9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.6.3. India Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.6.4. India Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.4.7. China
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.7.3. China Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.7.4. China Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.4.8. Japan
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.8.3. Japan Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.8.4. Japan Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.4.9. South Korea
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.9.3. South Korea Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.9.4. South Korea Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.4.10. Australia
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.10.3. Australia Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.10.4. Australia Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.4.11. Thailand
9.4.11.1. Overview
9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.11.3. Thailand Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.11.4. Thailand Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.4.12. Indonesia
9.4.12.1. Overview
9.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.12.3. Indonesia Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.12.4. Indonesia Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.4.13. Philippines
9.4.13.1. Overview
9.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.13.3. Philippines Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.13.4. Philippines Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.4.14. Rest of APAC
9.4.14.1. Overview
9.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.14.3. Rest of APAC Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.14.4. Rest of APAC Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.5. Latin America
9.5.1. Overview
9.5.2. Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.5.4. Latin America Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.5.5. Latin America Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.5.6. Brazil
9.5.6.1. Overview
9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.6.3. Brazil Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.5.6.4. Brazil Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.5.7. Mexico
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.7.3. Mexico Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.5.7.4. Mexico Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.5.8. Argentina
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.8.3. Argentina Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.5.8.4. Argentina Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.5.9. Colombia
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.9.3. Colombia Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.5.9.4. Colombia Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.5.10. Rest of LATAM
9.5.10.1. Overview
9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.10.3. Rest of LATAM Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.5.10.4. Rest of LATAM Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.6.4. Middle East and Africa Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.6.5. Middle East and Africa Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.6.6. Saudi Arabia
9.6.6.1. Overview
9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.6.3. Saudi Arabia Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.6.6.4. Saudi Arabia Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.6.7. United Arab Emirates
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.7.3. United Arab Emirates Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.6.7.4. United Arab Emirates Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.6.8. Israel
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.8.3. Israel Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.6.8.4. Israel Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.6.9. Turkey
9.6.9.1. Overview
9.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.9.3. Turkey Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.6.9.4. Turkey Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.6.10. Algeria
9.6.10.1. Overview
9.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.10.3. Algeria Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.6.10.4. Algeria Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.6.11. Egypt
9.6.11.1. Overview
9.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.11.3. Egypt Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.6.11.4. Egypt Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
9.6.12. Rest of MEA
9.6.12.1. Overview
9.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.12.3. Rest of MEA Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.6.12.4. Rest of MEA Market Size and Forecast, By Sales Channel, 2017 - 2028 (US$ Million)
10. Key Vendor Analysis
10.1. Competitive Dashboard
10.2. Company Profiles
10.2.1. AISIN GROUP
10.2.2. Autoliv
10.2.3. ADVICS CO., LTD.
10.2.4. Knorr-Bremse AG
10.2.5. Continental AG
10.2.6. Hitachi Automotive Systems, Ltd.
10.2.7. Bosch Mobility Solutions
10.2.8. Johnson Electric Holdings Limited
10.2.9. Murata Manufacturing Co., Ltd.
10.2.10. ZF Friedrichshafen AG
11. 360 Degree Analyst View
12. Appendix
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
