Scope of the Study
Brake override systems also referred to as "smart pedals" or "smart brakes", is a part of the software in a vehicle’s on-board computer, designed to work as a failsafe measure if the vehicle receives mixed signals (i.e., the gas and brake are pushed down simultaneously). This means that it is programmed to recognize when something abnormal is occurring and to take action by safely bringing the vehicle to a stop. In recent times, driver safety is of the utmost importance when designing automotive systems. Government has imposed laws to install brake override systems in almost all automotive systems with the focus to increase the safety factor.
The market study is being classified by Type (Radar, LiDAR, Camera, Infrared and Ultrasonic), by Application (Passenger Cars and Commercial Vehicles) and major geographies with country level break-up.
Honda Motor Company (Japan), Toyota (Japan), Nissan (Japan), Renault (France), Suzuki (Japan), Mitsubishi Motors (Japan), Bayerische Motoren Werke AG (Germany), Robert Bosch GmbH (Germany) and Hyundai Motor Group (South Korea) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Japanese Players will contribute to the maximum growth of Global Brake Override System market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Brake Override System market by Type, Application and Region.
On the basis of geography, the market of Brake Override System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rise In Demand for Vehicle Safety Equipments
- A Decline in Automotive Sales
- Automated Driving Technology Raising Demand for Improved Braking Systems
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