Automatic or Autonomous Emergency Braking Market Forecast Report will reach US$16,730.0 mn by 2025
The global market for automatic or autonomous emergency braking (AEM) features a largely consolidated vendor landscape, with the top four vendors cumulatively holding nearly 70% of the overall revenue of the market in 2016, observes Transparency Market Research in a recent report. The market does not feature monopoly of any leading vendor and the technologically dynamic nature of the market has intensified the level of competition. Companies operating in the market are focused on product innovation and strategic partnerships. Leading automobile manufacturers such as BMW, Volvo, General Motors, Opel, Nissan, Audi AG, and Volkswagen have partnered with the Israel-based company Mobileye, a world leader in vision-based advanced driver-assistance systems (ADAS). Mobileye, currently in talks with Intel Corporation about a potential acquisition, is developing software for advanced driver assisted system in which automatic or autonomous emergency braking system is an integral fe...