kiransable07 (3)

1
Electronic Stability Control System Market
Global Industry Forecast Analysis over 2019 -
2025
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2

• Electronic Stability Control System Market
  Scenario

• The electronic stability control system market is
  anticipated to have a lucrative growth with the
  increasing implementation of safety features such
  as traction control systems and anti-lock braking
  system in vehicles. The vehicle stability assist
  systems have become a vital part of vehicle
  safety to avoid accidents due to vehicle
  skidding, loss of steering control due to
  slippery road surfaces or sudden braking
• The growing safety regulations also influencing
  the electronic stability control system market in
  the Asia Pacific region. The Malaysian government
  for example introduced a mandatory standard for
  the implementation of electronic stability
  program in November 2016, which applies to new
  vehicles sold in the country from 2018. Moreover,
  the high growth of the industrial sector and
  urbanization with economic developments are
  adding to the demand for commercial vehicles.
• The commercial vehicles are expected to create a
  considerable demand in the electronic stability
  control system market. The commercial vehicles
  industry is growing with the increasing demand
  for goods transport and growth in the
  industrialization. The safety of commercial
  vehicles has gained growing importance in recent
  years.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-

• According to Robert Bosch, 80 percent of the
  accidents due to skidding can be prevented by the
  implementation of electronic stability program.
  These systems can apply individual force to each
  wheel of the vehicle according to the
  requirements, preventing it from skidding and
  providing traction to improve the steering
  control. The manufacturers are providing these
  systems integrated with ABS and traction control
  system to effectively prevent understeer and
  oversteer, further increasing the demand in the
  electronic stability control system market.
• For instance, the Ministry of Road Transport
  Highways in India introduced a new standard in
  February 2017 to make ABS systems mandatory for
  new cars sold in the country from April 2019. The
  Global NCAP is pushing countries such as
  Argentina, Mexico, Brazil, and Chile to implement
  electronic stability control systems owing to a
  large number of vehicle accidents in these
  countries.

Request for a sample of this research report
_at_https//www.gminsights.com/request-sample/detail
/4200
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4

• Regional Analysis

• Asia Pacific is expected to witness a
  considerable growth in the electronic stability
  control system market owing to the large
  automotive industry. The countries, such as
  India, are witnessing rapid growth in automotive
  production. The steps such as allocation of 100
  percent foreign direct investment for the
  automotive sector have created significant
  opportunities for automotive manufacturers. The
  country witnessed 8 percent growth in automotive
  production in 2018 as per the data by the
  International Organization of Motor Vehicle
  Manufacturers.

• Competitive Analysis

• Robert Bosch GmbH, Continental AG, ZF
  Friedrichshafen, Autoliv Inc., Hitachi Automotive
  Systems Ltd., Johnson Electric, WABCO, General
  Motors (StabiliTrak), Denso Corporation, IAV
  Engineering, and Johnson Electric are among the
  major companies in electronic stability control
  system market.

Make An Inquiry To Purchase This Report _at_
https//www.gminsights.com/inquiry-before-buying/4
200
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
Latest Research Report on Electronic Stability
Control System Market _at_ https//www.gminsights.co
m/industry-analysis/electronic-stability-control-s
ystem-market Request for a sample of this
research report _at_ https//www.gminsights.com/requ
est-sample/detail/4200 Request for
customization https//www.gminsights.com/roc/4200

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
www.gminsights.com