Report Description Table of Contents The Global Anti-Lock Braking System Market is projected to grow from $51.4 billion in 2024 to $94.6 billion by 2030, registering a CAGR of 6.8% during the forecast period. The market growth is fueled by the rising enforcement of vehicle safety regulations globally, mandating the integration of anti-lock braking systems to reduce road accidents. Anti-Lock Braking System Market Dynamics: Market Drivers The WHO estimates that road traffic accidents result in injuries for up to 50 million people annually, with approximately 1.2 million losing their lives. The implementation of ABS has greatly enhanced road safety, complemented by other crucial measures such as the use of safety belts & the enforcement of speed limits. Advancements in ABS technology help prevent skidding, jackknifing, and trailer swing-out, greatly improving vehicle safety on the road. Since April 2019, India has mandated all newly manufactured cars and mini-buses to be equipped with ABS. Recent studies indicate that equipping all motorcycles with ABS could lead to a reduction of up to 22% in fatal accidents and a 24% decrease in motorcycle insurance claims. According to a report from the U.S. Department of Transportation, passenger cars see a 6% reduction in overall crash involvement, while light trucks experience an 8% decrease. The ABS market is expanding rapidly, fueled by strict government regulations, advancements in technology & rising consumer demand for improved vehicle safety. Market Opportunities The Anti-lock Braking System (ABS) market presents numerous opportunities driven by the increasing adoption of advanced driver assistance systems (ADAS) and the global shift toward vehicle electrification. In the European Union, pure battery electric vehicles (BEVs) accounted for 14.6% of the market, while plug-in hybrids (PHEVs) held a 7.7% share. Hybrid electric vehicles (HEVs), including mild hybrids, represented 25.8% of the market. The Government of India has launched the PM-eBus Sewa Scheme to promote the use of electric buses in public transportation. Through this initiative, 10,000 e-buses will be introduced across 169 cities under a public-private partnership (PPP) model. The scheme has a total budget allocation of approximately $6.9 billion USD and will continue until 2037. The growing automotive market in emerging economies offers significant growth potential. India produces more than 21 million two-wheelers each year, securing its position as the world's leading manufacturer in this sector. The expansion of the two-wheeler market in these regions also presents an untapped opportunity, especially as regulatory bodies begin to mandate ABS in motorcycles. Market Restraints One of the primary challenges in the ABS market is the high cost of ABS components and system integration, which can significantly increase the overall vehicle price—especially for entry-level or budget vehicles. In developing regions, where price remains a critical buying factor, this can limit widespread adoption. The complexity of retrofitting ABS into older vehicle models poses technical & cost-related barriers, particularly in markets with a large number of used vehicles. These factors collectively act as restraints, potentially slowing down the penetration of ABS technology in specific market segments. Anti-Lock Braking System Market: Recent Developments On April 2, 2025, the Italian e-bike startup Blubrake secured €12 million in funding to drive the broad adoption of its Anti-lock Braking Systems (ABS) for light electric vehicles. Engineered for seamless integration within e-bike frames, Blubrake’s ABS improves braking efficiency and enhances rider safety, making it an attractive solution for original equipment manufacturers (OEMs). The latest investment round was jointly led by micromobility-focused Fundracer BV, venture capital firm Algebris Cimatech, and component supplier Tri-Star Group. On September 13, 2024, Continental Automotive India's Gurgaon facility reached a significant production milestone, manufacturing ten million Electronic Brake Systems (EBS) and one hundred million Wheel Speed Sensors (WSS). These crucial components enhance vehicle safety by supporting systems like Electronic Stability Control (ESC) & Anti-lock Brake Systems (ABS). On September 7, 2024, Stellantis, the parent company of Chrysler, issued a recall for approximately 1.46 million Ram 1500 pickup trucks worldwide, with most of the affected vehicles located in the US. The recall applies to model years 2019 and 2021-2024 and is due to a software issue in the anti-lock braking system. According to a notice from the National Highway Traffic Safety Administration (NHTSA), the malfunction could disable the electronic stability control system, potentially increasing the risk of a crash. Anti-Lock Braking System Market Segmentation: A Comprehensive Overview By Component Electronic Control Unit Speed Sensors Hydraulic Unit Others By Vehicle Type Two-wheeler Passenger Cars Commercial Vehicles Others By Distribution Channel Aftermarket OEMs By Region North America Asia-Pacific Europe Latin America Middle East Africa Segmentation Analysis – Anti-Lock Braking System Market By Component The Electronic Control Unit (ECU) holds the largest share, accounting for around 53.4% of the market in 2023, due to its crucial role in managing data from sensors and controlling brake function. Speed sensors & hydraulic units also contribute significantly, enabling real-time feedback and pressure modulation to prevent wheel lock-up. By vehicle type: Passenger cars dominate the market with a share of over 58%, driven by the rising demand for safety features among consumers and regulatory mandates in developed regions. Two-wheelers are experiencing increased adoption of ABS, especially in countries like India where government policies have made it mandatory. Research conducted in Europe and the United States indicates that motorcycles with anti-lock braking systems are significantly less likely to be involved in fatal accidents. According to the Insurance Institute for Highway Safety, motorcycles equipped with ABS experience a 31% lower rate of fatal crashes. Motorcycle ABS systems are now mandated in the UK, the European Union, Australia, New Zealand, Japan, Brazil, Taiwan, and India, while approximately 60% of motorcycles sold in the United States are equipped with the technology. Commercial vehicles are also rapidly incorporating ABS systems to meet safety regulations and enhance fleet reliability. By Distribution Channels: OEMs (Original Equipment Manufacturers) hold the dominant position, as ABS is now a standard inclusion in new vehicle production. However, the aftermarket segment remains relevant, especially for older vehicle upgrades and replacements in regions with large existing fleets. Regional Analysis – Anti-Lock Braking System Market North America led the global ABS market in 2024, driven by strict safety laws and a mature automotive industry. Traffic fatalities continue to be a leading cause of death in the United States. In 2021, motor vehicle crashes claimed 43,230 lives, including 7,388 pedestrians. Since 2021, NHTSA has implemented numerous safety initiatives to reduce traffic fatalities, including a new regulation mandating automatic emergency braking systems in passenger cars and light trucks by 2029. On September 11, 2023, the United States Army granted Ricardo Defense Inc a contract exceeding 385 million USD to sustain the production and supply of Antilock Brake System/Electronic Stability Control (ABS/ESC) retrofit kits for the High Mobility Multipurpose Wheeled Vehicle (HMMWV). This agreement, within Ricardo's Established Mobility portfolio, includes deliveries scheduled for completion by September 2027. The Asia-Pacific region is the fastest-growing segment, with rising vehicle sales, government mandates, and increasing safety awareness propelling demand. In India alone, 53 accidents and 19 fatalities occur every hour, highlighting the urgent need for advanced safety technologies such as ABS & Electronic Stability Control (ESC). ABS was officially mandated in India in 2019, while a proposal to introduce ESC regulations was put forward in 2022. Endurance has ramped up its ABS production capacity from 400,000 to 640,000 units per year. With the continuous expansion of China's automotive industry, the demand for anti-lock braking systems (ABS) is rising as driving safety standards become increasingly stringent. Europe maintains strong adoption due to stringent EU safety standards and the presence of major automakers. Around 80-90% of cars on European roads are equipped with ABS technology. Over the past few decades, road safety in the EU has seen remarkable progress. The annual number of fatalities has declined from approximately 50,000 twenty years ago to around 20,000 today. Latin America and the Middle East & Africa are emerging markets where improving economic conditions and regulatory developments are expected to drive ABS adoption in the coming years. Key Players in the Anti-Lock Braking System Market: Robert Bosch GmbH Continental AG ZF Friedrichshafen AG Denso Corporation Aisin Seiki Co., Ltd. Delphi Technologies PLC Autoliv Inc. Knorr-Bremse AG Nissin Kogyo Co., Ltd. WABCO Holdings Inc. Anti-lock Braking System (ABS) Market Report Coverage Report Attribute Details Forecast Period 2024 – 2032 Market Size Value in 2024 USD 51.4 Billion Revenue Forecast in 2030 USD 94.6 Billion Overall Growth Rate CAGR of 6.8% (2024 – 2030) Base Year for Estimation 2023 Historical Data 2017 – 2021 Unit USD Million, CAGR (2024 – 2030) Segmentation By Component, By Vehicle Type, By Distribution Channel, By Geography By Component Electronic Control Unit, Speed Sensors, Hydraulic Unit, Others By Vehicle Type Two-Wheeler, Passenger Cars, Commercial Vehicles, Others By Distribution Channel OEMs, Aftermarket By Region North America, Europe, Asia-Pacific, Latin America, Middle East & Africa Country Scope U.S., Germany, China, Japan, India, UK, Brazil, etc. Market Drivers Rising vehicle safety standards, mandatory ABS regulations, technological advancements Customization Option Available upon request Frequently Asked Question About This Report How Big is the Anti-Lock Braking System Market? The ABS market was valued at USD 51.3 billion in 2024 and is projected to reach USD 94.6 billion by 2030, growing at a CAGR of 6.8%. What are the Key Factors Driving the Growth of the Anti-Lock Braking System Market? The growth is driven by safety regulations, rising vehicle production, consumer demand for safety, and integration with advanced technologies. Who are the Major Players in the Anti-Lock Braking System Market? Top players include Bosch, Continental AG, ZF Friedrichshafen, Denso, Autoliv, WABCO, and Hyundai Mobis, among others. Which Region Held the Largest Anti-Lock Braking System Market Share? North America held the largest market share in 2024. Source- https://zagdaily.com/trends/blubrake-secures-e12-million-to-scale-production-of-e-bike-abs/ https://manufacturing.economictimes.indiatimes.com/news/automotive/continental-reaches-key-milestones-in-production-of-safety-components-in-india/113329611 https://dekraprod-media.e-spirit.cloud/59f0c4f3-818a-42a7-b329-bc991b5a1ce6/media/dekra-rsr-2024-en-online-240912.pdf https://www.indiainfoline.com/company/endurance-technologies-ltd/management-discussions https://www.ricardo.com/media/5drkbm52/annual-report.pdf https://www.transportation.gov/sites/dot.gov/files/2025-01/2025-NRSS-Progress-Report.pdf Table of Contents Executive Summary • Market Overview • Market Attractiveness by Component, Vehicle Type, Distribution Channel, and Region • Strategic Insights from Key Executives (CXO Perspective) • Historical Market Size and Future Projections (2022–2032) • Summary of Market Segmentation by Component, Vehicle Type, Distribution Channel, and Region Market Share Analysis • Leading Players by Revenue and Market Share • Market Share Analysis by Component, Vehicle Type, and Distribution Channel Investment Opportunities in the Anti-Lock Braking System Market • Key Developments and Innovations • Mergers, Acquisitions, and Strategic Partnerships • High-Growth Segments for Investment Market Introduction • Definition and Scope of the Study • Market Structure and Key Findings • Overview of Top Investment Pockets Research Methodology • Research Process Overview • Primary and Secondary Research Approaches • Market Size Estimation and Forecasting Techniques Market Dynamics • Key Market Drivers • Challenges and Restraints Impacting Growth • Emerging Opportunities for Stakeholders • Impact of Macroeconomic and Technological Factors • Regulatory Mandates and Safety Norms for ABS Adoption Global Anti-Lock Braking System Market Analysis • Historical Market Size and Volume (2022–2032) • Market Size and Volume Forecasts (2024–2032) • Market Analysis by Component: o Electronic Control Unit o Speed Sensors o Hydraulic Unit o Others • Market Analysis by Vehicle Type: o Two-Wheelers o Passenger Cars o Commercial Vehicles o Others • Market Analysis by Distribution Channel: o Aftermarket o OEMs • Market Analysis by Region: o North America o Europe o Asia-Pacific o Latin America o Middle East & Africa North America Anti-Lock Braking System Market Analysis • Historical Market Size and Volume (2022–2032) • Market Size and Volume Forecasts (2024–2032) • Market Analysis by Component • Market Analysis by Vehicle Type • Market Analysis by Distribution Channel • Country-Level Breakdown: o United States o Canada o Mexico Europe Anti-Lock Braking System Market Analysis • Historical Market Size and Volume (2022–2032) • Market Size and Volume Forecasts (2024–2032) • Market Analysis by Component • Market Analysis by Vehicle Type • Market Analysis by Distribution Channel • Country-Level Breakdown: o Germany o United Kingdom o France o Italy o Spain o Rest of Europe Asia-Pacific Anti-Lock Braking System Market Analysis • Historical Market Size and Volume (2022–2032) • Market Size and Volume Forecasts (2024–2032) • Market Analysis by Component • Market Analysis by Vehicle Type • Market Analysis by Distribution Channel • Country-Level Breakdown: o China o India o Japan o South Korea o Rest of Asia-Pacific Latin America Anti-Lock Braking System Market Analysis • Historical Market Size and Volume (2022–2032) • Market Size and Volume Forecasts (2024–2032) • Market Analysis by Component • Market Analysis by Vehicle Type • Market Analysis by Distribution Channel • Country-Level Breakdown: o Brazil o Argentina o Rest of Latin America Middle East & Africa Anti-Lock Braking System Market Analysis • Historical Market Size and Volume (2022–2032) • Market Size and Volume Forecasts (2024–2032) • Market Analysis by Component • Market Analysis by Vehicle Type • Market Analysis by Distribution Channel • Country-Level Breakdown: o GCC Countries o South Africa o Rest of Middle East & Africa Key Players and Competitive Analysis • Robert Bosch GmbH – Global Leader in ABS Technology and Innovation • Continental AG – Advanced Safety and Brake Control Systems Provider • ZF Friedrichshafen AG – Comprehensive Portfolio of Vehicle Motion Control • Denso Corporation – Key OEM Supplier for Passenger and Commercial Vehicles • Aisin Seiki Co., Ltd. – Integrated Brake System Developer • Delphi Technologies PLC – Expanding in Advanced Vehicle Electronics and Braking • Autoliv Inc. – Innovator in Active Safety Technologies • Knorr-Bremse AG – Specialist in Commercial Vehicle Braking Solutions • Nissin Kogyo Co., Ltd. – Expertise in Two-Wheeler and Passenger ABS Modules • WABCO Holdings Inc. – Major Player in Commercial Vehicle Safety Systems Appendix • Abbreviations and Terminologies Used in the Report • References and Sources List of Tables • Market Size by Component, Vehicle Type, Distribution Channel, and Region (2024–2032) • Regional Market Breakdown by Component and Vehicle Type (2024–2032) List of Figures • Market Dynamics: Drivers, Restraints, Opportunities, and Challenges • Regional Market Snapshot for Key Regions • Competitive Landscape and Market Share Analysis • Growth Strategies Adopted by Key Players • Market Share by Component, Vehicle Type, and Distribution Channel (2024 vs. 2032)