Automotive and Transportation

Electronic Stability Control (ESC) Market in Europe 2015-2019

  • TEC170889
  • 71 Pages
  • January 2015
  • Automotive and Transportation
About Electronic Stability Control Market 2015-2019
Electronic Stability Control forma a vital aspect of automotive active safety system. Active safety systems are the safety systems that senses the condition of the vehicle and prevent the vehicle from crash or minimizes the effect of crash. ESC assists the drivers in avoiding accidents by reducing the danger of skidding or losing control. These system is activated when the driver loses control over the vehicle. It does not work alone and uses other safety systems and devices such as ABS and traction control. It uses sensors to detect the vehicle condition and applies brakes and brings back the vehicle on track. Several studies conducted on ESC systems show that the vehicles that have an ESC system have 25 percent less probability of being involved in a fatal accident. In Europe, a campaign is being run that is supported by authorities such as European Commission and Euro NCAP that encourages buyers to choose an ESC equipped car.

TechNavio's analysts forecast the Electronic Stability Control Market in Europe to grow at a CAGR of 5.70 percent by revenue over the period 2014-2019.

Covered in this Report
TechNavio's report, Electronic Stability Control Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
Bosch Group
Continental AG
Delphi Automotive Plc
Denso Corporation
TRW Automotive Holdings Corp

Other Prominent Vendors
Advics Co. Ltd
Hitachi Ltd
Hyundai Mobis Co Ltd
Knorr-Bremse AG
Mando Corporation
Nissin Kogyo

Market Driver
Increased Adoption of Automotive Safety Systems
For a full, detailed list, view our report.

Market Challenge
Dependence of Driver on ESC Technology
For a full, detailed list, view our report.

Market Trend
Increased Use of Electronics Components
For a full, detailed list, view our report.

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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