Electronic Stability Control System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Electronic stability control system, also known as dynamic stability control is computerized system which allows to improve the stability of car from skidding and the driver from losing control of the vehicle while braking, cornering, or making a sudden maneuver. The system get programmed to get automatically activated when loss of control or instability of detected by the system allowing the driver to have more control over the vehicle.
MARKET DYNAMICS
The electronic stability control system market is experiencing owing to growing emphasis by end users for vehicle safety. However, shortage of microprocessor due to the COVID-19 is hampering the growth of the electronic stability control system market. Meanwhile, increasing homologation standard across the globe is projected to flourish the electronic stability control system market.
MARKET SCOPE
The "Electronic Stability Control System Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation with a special focus on the global market trend analysis. The report aims to provide an overview of electronic stability control system market with detailed market segmentation by component, vehicle type, and geography. The global electronic stability control system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electronic stability control system market players and offers key trends and opportunities in the electronic stability control system market.
MARKET SEGMENTATION
The global electronic stability control system market is segmented on the basis of component and vehicle type. Based on component, the market is segmented into hydraulic control unit, sensors, electronic control unit (ecu), and others. Based on vehicle type, the market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electronic stability control system market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electronic stability control system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electronic stability control system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electronic stability control system market in these regions.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electronic stability control system market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electronic stability control system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electronic stability control system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electronic stability control system market in these regions.
MARKET PLAYERS
The reports cover key developments in the electronic stability control system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from electronic stability control system market are anticipated to lucrative growth opportunities in the future with the rising demand for electronic stability control system market. Below mentioned is the list of few companies engaged in the electronic stability control system market.
IMPACT OF COVID-19 ON ELECTRONIC STABILITY CONTROL SYSTEM MARKET
The outbreak of COVID-19 has significantly impacted various industries including the automotive industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of automotive manufacturers. Automotive Manufacturers are facing bottleneck in their supply chain owing to microchip shortage which is caused decrease in production volumes and delay in deliveries of vehicles which has negatively impacted the automotive industry.
The report also includes the profiles of key electronic stability control system market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- 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
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electronic Stability Control System Market - By Component
1.3.2 Electronic Stability Control System Market - By Vehicle Type
1.3.3 Electronic Stability Control System Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELECTRONIC STABILITY CONTROL SYSTEM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ELECTRONIC STABILITY CONTROL SYSTEM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ELECTRONIC STABILITY CONTROL SYSTEM MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRONIC STABILITY CONTROL SYSTEM - GLOBAL MARKET OVERVIEW
6.2. ELECTRONIC STABILITY CONTROL SYSTEM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. ELECTRONIC STABILITY CONTROL SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HYDRAULIC CONTROL UNIT
7.3.1. Overview
7.3.2. Hydraulic Control Unit Market Forecast and Analysis
7.4. SENSORS
7.4.1. Overview
7.4.2. Sensors Market Forecast and Analysis
7.5. ELECTRONIC CONTROL UNIT (ECU)
7.5.1. Overview
7.5.2. Electronic Control Unit (ECU) Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. ELECTRONIC STABILITY CONTROL SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER CARS
8.3.1. Overview
8.3.2. Passenger Cars Market Forecast and Analysis
8.4. LIGHT COMMERCIAL VEHICLES
8.4.1. Overview
8.4.2. Light Commercial Vehicles Market Forecast and Analysis
8.5. HEAVY COMMERCIAL VEHICLES
8.5.1. Overview
8.5.2. Heavy Commercial Vehicles Market Forecast and Analysis
9. ELECTRONIC STABILITY CONTROL SYSTEM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Electronic Stability Control System Market Overview
9.1.2 North America Electronic Stability Control System Market Forecasts and Analysis
9.1.3 North America Electronic Stability Control System Market Forecasts and Analysis - By Component
9.1.4 North America Electronic Stability Control System Market Forecasts and Analysis - By Vehicle Type
9.1.5 North America Electronic Stability Control System Market Forecasts and Analysis - By Countries
9.1.5.1 United States Electronic Stability Control System Market
9.1.5.1.1 United States Electronic Stability Control System Market by Component
9.1.5.1.2 United States Electronic Stability Control System Market by Vehicle Type
9.1.5.2 Canada Electronic Stability Control System Market
9.1.5.2.1 Canada Electronic Stability Control System Market by Component
9.1.5.2.2 Canada Electronic Stability Control System Market by Vehicle Type
9.1.5.3 Mexico Electronic Stability Control System Market
9.1.5.3.1 Mexico Electronic Stability Control System Market by Component
9.1.5.3.2 Mexico Electronic Stability Control System Market by Vehicle Type
9.2. EUROPE
9.2.1 Europe Electronic Stability Control System Market Overview
9.2.2 Europe Electronic Stability Control System Market Forecasts and Analysis
9.2.3 Europe Electronic Stability Control System Market Forecasts and Analysis - By Component
9.2.4 Europe Electronic Stability Control System Market Forecasts and Analysis - By Vehicle Type
9.2.5 Europe Electronic Stability Control System Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Electronic Stability Control System Market
9.2.5.1.1 Germany Electronic Stability Control System Market by Component
9.2.5.1.2 Germany Electronic Stability Control System Market by Vehicle Type
9.2.5.2 France Electronic Stability Control System Market
9.2.5.2.1 France Electronic Stability Control System Market by Component
9.2.5.2.2 France Electronic Stability Control System Market by Vehicle Type
9.2.5.3 Italy Electronic Stability Control System Market
9.2.5.3.1 Italy Electronic Stability Control System Market by Component
9.2.5.3.2 Italy Electronic Stability Control System Market by Vehicle Type
9.2.5.4 United Kingdom Electronic Stability Control System Market
9.2.5.4.1 United Kingdom Electronic Stability Control System Market by Component
9.2.5.4.2 United Kingdom Electronic Stability Control System Market by Vehicle Type
9.2.5.5 Russia Electronic Stability Control System Market
9.2.5.5.1 Russia Electronic Stability Control System Market by Component
9.2.5.5.2 Russia Electronic Stability Control System Market by Vehicle Type
9.2.5.6 Rest of Europe Electronic Stability Control System Market
9.2.5.6.1 Rest of Europe Electronic Stability Control System Market by Component
9.2.5.6.2 Rest of Europe Electronic Stability Control System Market by Vehicle Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Electronic Stability Control System Market Overview
9.3.2 Asia-Pacific Electronic Stability Control System Market Forecasts and Analysis
9.3.3 Asia-Pacific Electronic Stability Control System Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Electronic Stability Control System Market Forecasts and Analysis - By Vehicle Type
9.3.5 Asia-Pacific Electronic Stability Control System Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Electronic Stability Control System Market
9.3.5.1.1 Australia Electronic Stability Control System Market by Component
9.3.5.1.2 Australia Electronic Stability Control System Market by Vehicle Type
9.3.5.2 China Electronic Stability Control System Market
9.3.5.2.1 China Electronic Stability Control System Market by Component
9.3.5.2.2 China Electronic Stability Control System Market by Vehicle Type
9.3.5.3 India Electronic Stability Control System Market
9.3.5.3.1 India Electronic Stability Control System Market by Component
9.3.5.3.2 India Electronic Stability Control System Market by Vehicle Type
9.3.5.4 Japan Electronic Stability Control System Market
9.3.5.4.1 Japan Electronic Stability Control System Market by Component
9.3.5.4.2 Japan Electronic Stability Control System Market by Vehicle Type
9.3.5.5 South Korea Electronic Stability Control System Market
9.3.5.5.1 South Korea Electronic Stability Control System Market by Component
9.3.5.5.2 South Korea Electronic Stability Control System Market by Vehicle Type
9.3.5.6 Rest of Asia-Pacific Electronic Stability Control System Market
9.3.5.6.1 Rest of Asia-Pacific Electronic Stability Control System Market by Component
9.3.5.6.2 Rest of Asia-Pacific Electronic Stability Control System Market by Vehicle Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Electronic Stability Control System Market Overview
9.4.2 Middle East and Africa Electronic Stability Control System Market Forecasts and Analysis
9.4.3 Middle East and Africa Electronic Stability Control System Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Electronic Stability Control System Market Forecasts and Analysis - By Vehicle Type
9.4.5 Middle East and Africa Electronic Stability Control System Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Electronic Stability Control System Market
9.4.5.1.1 South Africa Electronic Stability Control System Market by Component
9.4.5.1.2 South Africa Electronic Stability Control System Market by Vehicle Type
9.4.5.2 Saudi Arabia Electronic Stability Control System Market
9.4.5.2.1 Saudi Arabia Electronic Stability Control System Market by Component
9.4.5.2.2 Saudi Arabia Electronic Stability Control System Market by Vehicle Type
9.4.5.3 U.A.E Electronic Stability Control System Market
9.4.5.3.1 U.A.E Electronic Stability Control System Market by Component
9.4.5.3.2 U.A.E Electronic Stability Control System Market by Vehicle Type
9.4.5.4 Rest of Middle East and Africa Electronic Stability Control System Market
9.4.5.4.1 Rest of Middle East and Africa Electronic Stability Control System Market by Component
9.4.5.4.2 Rest of Middle East and Africa Electronic Stability Control System Market by Vehicle Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Electronic Stability Control System Market Overview
9.5.2 South and Central America Electronic Stability Control System Market Forecasts and Analysis
9.5.3 South and Central America Electronic Stability Control System Market Forecasts and Analysis - By Component
9.5.4 South and Central America Electronic Stability Control System Market Forecasts and Analysis - By Vehicle Type
9.5.5 South and Central America Electronic Stability Control System Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Electronic Stability Control System Market
9.5.5.1.1 Brazil Electronic Stability Control System Market by Component
9.5.5.1.2 Brazil Electronic Stability Control System Market by Vehicle Type
9.5.5.2 Argentina Electronic Stability Control System Market
9.5.5.2.1 Argentina Electronic Stability Control System Market by Component
9.5.5.2.2 Argentina Electronic Stability Control System Market by Vehicle Type
9.5.5.3 Rest of South and Central America Electronic Stability Control System Market
9.5.5.3.1 Rest of South and Central America Electronic Stability Control System Market by Component
9.5.5.3.2 Rest of South and Central America Electronic Stability Control System Market by Vehicle Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ELECTRONIC STABILITY CONTROL SYSTEM MARKET, KEY COMPANY PROFILES
11.1. AISIN GROUP
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AUTOLIV
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ADVICS CO.,LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. KNORR-BREMSE AG
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CONTINENTAL AG
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HITACHI AUTOMOTIVE SYSTEMS, LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. BOSCH MOBILITY SOLUTIONS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. JOHNSON ELECTRIC HOLDINGS LIMITED
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MURATA MANUFACTURING CO., LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZF FRIEDRICHSHAFEN AG
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.AISIN GROUP
2.Autoliv
3.ADVICS CO.,LTD.
4.Knorr-Bremse AG
5.Continental AG
6.Hitachi Automotive Systems, Ltd.
7.Bosch Mobility Solutions
8.Johnson Electric Holdings Limited
9.Murata Manufacturing Co., Ltd.
10.ZF Friedrichshafen AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For