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Global Automotive ABS and EPB Sensor Cable Market 2019-2023 | 7% CAGR Projection Over the Next Five

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The global automotive ABS and EPB sensor cable market size is poised to grow by USD 1.48 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of close to 7% during the forecast period.

The market is driven by the increase in the adoption of safety systems in vehicles. In addition, the increasing regulatory norms related to ABS and EPB are expected to further boost the growth of the automotive ABS and EPB sensor cable market.

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Automotive safety has become the foremost parameter in vehicle design and development, which has led OEMs to increasingly incorporate advanced safety systems in vehicles. Thus, the adoption of the safety systems, such as ABS with EBP in vehicles will drive the demand for system components such as sensors, sensor cables, and control units, thereby fueling market growth during the forecast period.

Regulatory norms on automobiles have played an important role in making modern vehicles more advanced, safe, and energy-efficient. Government bodies across the world are enforcing improvements in automotive safety, fuel efficiency, and reduction in exhaust emissions. Such regulatory norms necessitate the adoption of safety systems such as ABS and EPB, which will further boost the demand for sensor cables.

The report includes detailed profiles of the leading companies & prominent vendors of the market:
• COFICAB
• Furukawa Electric Co. Ltd.
• Hitachi Ltd.
• KYUNGSHIN Co. Ltd.
• Leoni AG

Market Segmentation by Product:
The automotive ABS and EPB sensor cable market can be broadly categorized into the following segments:
• ABS
• EPB
Get the complete report @ http://bit.ly/2rS39d7

Key Regions for the Automotive ABS and EPB Sensor Cable Market:
Featuring a breakdown of region-wise market shares until 2019.
• APAC
• North America
• Europe
• South America
• MEA
Some of the key topics covered in the report include:
Market Landscape
• Market ecosystem
• Market characteristics
• Market segmentation analysis

Market Sizing
• Market definition
• Market size and forecast

Vendor Landscape
• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

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