The Asia Pacific Electronic Stability Control Market would witness market growth of 8.4% CAGR during the forecast period (2022-2028).
Intermediate-level ESC systems either disable ABS or actively lock the wheels while using the brakes. These systems or vehicles without ABS substantially enhance emergency braking performance in slick circumstances. The gripping state can change quickly and unpredictably off-road when combined with inertia. The tires do not have to deal with the wheel rolling (which provides little braking force) and repeatedly braking when the brakes are applied, and the wheels are locked. The tires' consistent grip allows them to take full advantage of traction wherever it may be found. More aggressive tread designs exacerbate this effect by allowing the vast tread lugs to dig into substrate flaws or surface irregularities and pull debris in front of the tire, further increasing rolling resistance.
To reduce the likelihood of such runaway events happening to inexperienced drivers and to provide a more consistent and safe descent than either no ABS or ABS oriented towards on-road driving, many more modern vehicles are built for off-road use and come equipped with Hill Descent Control systems. These systems are designed to descend at a constant pace (or a speed set by the user), utilizing full locking brakes when necessary and strategic braking or acceleration at the correct times to ensure that all of the wheels rotate at the same rate.
One of the primary economic pillars of India is the automotive sector. It is a significant growth engine with strong backward and forward connections. A dynamic, competitive sector and the introduction of numerous new companies brought about by liberalization and deliberate governmental interventions over the past few years led to an increase in the capacity of the car industry and the creation of significant jobs. This sector's share of the national GDP increased from 2.77% in 1992–1993 to around 7.1% presently. India is quickly becoming a significant automobile center.
The China market dominated the Asia Pacific Electronic Stability Control Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,433.7 Million by 2028. The Japan market is estimated to grow a CAGR of 7.7% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9% during (2022 - 2028).
Based on Component, the market is segmented into Hydraulic Unit, Sensors and Electronic Control Unit. Based on Vehicle Propulsion, the market is segmented into ICE and Electric & Hybrid. Based on Vehicle Type, the market is segmented into Passenger cars, Light Commercial Vehicles and Heavy Commercial Vehicles. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Electronic Stability Control Market is Projected to reach USD 13.6 Billion by 2028, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Continental AG, Johnson Electric Holdings Limited, Aisin Corporation (Toyota Motor Corporation), Valeo SA, Murata Manufacturing Co., Ltd., Hitachi, Ltd., Knorr-Bremse AG, ZF Friedrichshafen AG (TRW), and Mando Corporation (Halla Group).
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hydraulic Unit
- Sensors
- Electronic Control Unit
By Vehicle Propulsion
By Vehicle Type
- Passenger cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Continental AG
- Johnson Electric Holdings Limited
- Aisin Corporation (Toyota Motor Corporation)
- Valeo SA
- Murata Manufacturing Co., Ltd.
- Hitachi, Ltd.
- Knorr-Bremse AG
- ZF Friedrichshafen AG (TRW)
- Mando Corporation (Halla Group)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Electronic Stability Control Market, by Component
1.4.2 Asia Pacific Electronic Stability Control Market, by Vehicle Propulsion
1.4.3 Asia Pacific Electronic Stability Control Market, by Vehicle Type
1.4.4 Asia Pacific Electronic Stability Control Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Electronic Stability Control Market
Chapter 4. Asia Pacific Electronic Stability Control Market by Component
4.1 Asia Pacific Hydraulic Unit Market by Country
4.2 Asia Pacific Sensors Market by Country
4.3 Asia Pacific Electronic Control Unit Market by Country
Chapter 5. Asia Pacific Electronic Stability Control Market by Vehicle Propulsion
5.1 Asia Pacific ICE Market by Country
5.2 Asia Pacific Electric & Hybrid Market by Country
Chapter 6. Asia Pacific Electronic Stability Control Market by Vehicle Type
6.1 Asia Pacific Passenger cars Market by Country
6.2 Asia Pacific Light Commercial Vehicles Market by Country
6.3 Asia Pacific Heavy Commercial Vehicles Market by Country
Chapter 7. Asia Pacific Electronic Stability Control Market by Country
7.1 China Electronic Stability Control Market
7.1.1 China Electronic Stability Control Market by Component
7.1.2 China Electronic Stability Control Market by Vehicle Propulsion
7.1.3 China Electronic Stability Control Market by Vehicle Type
7.2 Japan Electronic Stability Control Market
7.2.1 Japan Electronic Stability Control Market by Component
7.2.2 Japan Electronic Stability Control Market by Vehicle Propulsion
7.2.3 Japan Electronic Stability Control Market by Vehicle Type
7.3 India Electronic Stability Control Market
7.3.1 India Electronic Stability Control Market by Component
7.3.2 India Electronic Stability Control Market by Vehicle Propulsion
7.3.3 India Electronic Stability Control Market by Vehicle Type
7.4 South Korea Electronic Stability Control Market
7.4.1 South Korea Electronic Stability Control Market by Component
7.4.2 South Korea Electronic Stability Control Market by Vehicle Propulsion
7.4.3 South Korea Electronic Stability Control Market by Vehicle Type
7.5 Singapore Electronic Stability Control Market
7.5.1 Singapore Electronic Stability Control Market by Component
7.5.2 Singapore Electronic Stability Control Market by Vehicle Propulsion
7.5.3 Singapore Electronic Stability Control Market by Vehicle Type
7.6 Malaysia Electronic Stability Control Market
7.6.1 Malaysia Electronic Stability Control Market by Component
7.6.2 Malaysia Electronic Stability Control Market by Vehicle Propulsion
7.6.3 Malaysia Electronic Stability Control Market by Vehicle Type
7.7 Rest of Asia Pacific Electronic Stability Control Market
7.7.1 Rest of Asia Pacific Electronic Stability Control Market by Component
7.7.2 Rest of Asia Pacific Electronic Stability Control Market by Vehicle Propulsion
7.7.3 Rest of Asia Pacific Electronic Stability Control Market by Vehicle Type
Chapter 8. Company Profiles
8.1 Robert Bosch GmbH
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Continental AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Johnson Electric Holdings Limited
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.4 Aisin Corporation (Toyota Motor Corporation)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.5 Valeo SA
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.6 Murata Manufacturing Co., Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Geographical Expansions:
8.7 Hitachi, Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 Knorr-Bremse AG
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.9 ZF Friedrichshafen AG (TRW)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.10. Mando Corporation (Halla Group)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Hydraulic Unit Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Hydraulic Unit Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Sensors Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Sensors Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Electronic Control Unit Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Electronic Control Unit Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 13 Asia Pacific ICE Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific ICE Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Electric & Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Electric & Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Passenger cars Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Passenger cars Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Electronic Stability Control Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Electronic Stability Control Market by Country, 2022 - 2028, USD Million
TABLE 27 China Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 28 China Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 29 China Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 30 China Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 31 China Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 32 China Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 33 China Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 34 China Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 35 Japan Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 36 Japan Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 37 Japan Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 38 Japan Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 39 Japan Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 40 Japan Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 41 Japan Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 42 Japan Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 43 India Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 44 India Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 45 India Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 46 India Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 47 India Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 48 India Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 49 India Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 50 India Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 51 South Korea Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 52 South Korea Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 53 South Korea Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 54 South Korea Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 55 South Korea Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 56 South Korea Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 57 South Korea Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 58 South Korea Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 59 Singapore Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 60 Singapore Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 61 Singapore Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 62 Singapore Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 63 Singapore Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 64 Singapore Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 65 Singapore Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 66 Singapore Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 67 Malaysia Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 68 Malaysia Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 69 Malaysia Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 70 Malaysia Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 71 Malaysia Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 72 Malaysia Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 73 Malaysia Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 74 Malaysia Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 75 Rest of Asia Pacific Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 76 Rest of Asia Pacific Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 77 Rest of Asia Pacific Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 78 Rest of Asia Pacific Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 83 key information – Robert Bosch GmbH
TABLE 84 Key Information – Continental AG
TABLE 85 Key Information – Johnson Electric Holdings Limited
TABLE 86 Key Information – Aisin Corporation
TABLE 87 key information – Valeo SA
TABLE 88 Key Information –Murata Manufacturing Co., Ltd.
TABLE 89 Key Information – Hitachi, Ltd.
TABLE 90 Key Information – Knorr-Bremse AG
TABLE 91 Key Information – ZF Friedrichshafen AG
TABLE 92 Key Information – Mando Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Robert Bosch GmbH
FIG 3 Recent strategies and developments: Continental AG
FIG 4 SWOT Analysis: Continental AG