NEW YORK, Sept. 11, 2019 /PRNewswire/ --
Global Automotive ABS and EPB Sensor Cable Market: About this
market
This automotive ABS and EPB sensor cable market analysis considers
sales from both ABS and EPB in APAC, Europe, North
America, South America, and
MEA. In 2018, the ABS segment had a significant market share, and
this trend is expected to continue over the forecast period.
Factors such as rising regulatory norms related to safety systems
in passenger vehicles and growing passenger vehicles segment will
play a significant role in the ABS segment to maintain its market
position. Also, our global automotive ABS and EPB sensor cable
market report looks at factors such as increasing adoption of
safety systems in vehicles, rising regulatory norms related to ABS
and EPB, and growing use of advanced, lighter materials in sensor
cables. However, a decline in global automobile sales, rising
vehicle recalls, and heightened design complexities due to
increasing penetration of automotive electronics may hamper the
growth of the automotive ABS and EPB sensor cable industry over the
forecast period.
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https://www.reportbuyer.com/product/5813487/?utm_source=PRN
Global Automotive ABS and EPB Sensor Cable Market:
Overview
Increase in the adoption of safety systems in vehicles
Technological innovations in automotive technology have led to the
advancement in powertrain, safety systems, chassis, and the braking
system. New automobiles have better safety, fuel economy , and
lower carbon emissions. The increasing penetration of safety
systems such as ISOFIX mounts, frontal airbags, and seatbelts with
pre-tensioners has made vehicles safer . This increasing adoption
will lead to the expansion of the global automotive ABS and EPB
sensor cable market at a CAGR of almost 7% during the forecast
period.
Advances in manufacturing techniques used in automotive sensor
cables and assemblies
Advanced automation and robotics technology improves efficiency and
flexibility, and as well as reduces unexpected downtime. Prominent
vendors have been using advanced automation and robotics
technologies. Few vendors are also using different simulation
techniques to obtain minimum error probability. This integration of
advanced techniques is expected to have a positive impact on the
overall market growth.
Competitive Landscape
With the presence of a few players, the global automotive ABS and
EPB sensor cable market is concentrated. This robust vendor
analysis is designed to help clients improve their market position.
In line with this, this report provides a detailed analysis of few
leading automotive ABS and EPB sensor cable manufacturers, that
include COFICAB, Furukawa Electric Co. Ltd., Hitachi Ltd.,
KYUNGSHIN Co. Ltd., Leoni AG, LS Cable & System Ltd., Prysmian
Spa, Sumitomo Electric Industries Ltd., TE Connectivity Corp.,
Yazaki Corp.
Also, the automotive ABS and EPB sensor cable market analysis
report includes information on upcoming trends and challenges that
will influence market growth. This is to help companies strategize
and leverage on all forthcoming growth opportunities.
Download the full report:
https://www.reportbuyer.com/product/5813487/?utm_source=PRN
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