Market Share of Automotive Electronic Stability Control Systems Industry
The market for Automotive Electronic Stability Control Systems is dominated by several key players such as Robert Bosch GmbH, Continental AG, Denso Corporation, Hitachi Automotive Systems, Autoliv Inc., and Others. The market is witnessing rapid growth due to the introduction of high-end systems even in entry-level cars and growing partnerships between the major players to develop advanced safety systems, which in turn is likely to witness major growth for the market during the forecast period. For instance,
In June 2023, ZF Friedrichshafen AG announced the expansion of the ESC (Electronic Stability Control) system facilities in India. The company is capitalizing on new legislation, such as the introduction of electronic stability control (ESC) to offer enhanced safety features in commercial vehicles.
In February 2023, Shanghai Trugo Tech Co., Ltd., a provider of drive-by-wire chassis technologies and solutions, expanded fully automated production lines for the ESC (Electronic Stability Control) system, the industrialization of the EHBI (Electric Hydraulic Brake) system (integrated Onebox) in China.
In December 2022, Dongfeng Motor (DFM) officially launched the new Yufeng V9+ light-duty bus. The vehicle is equipped with ABS (Antilock Brake System) and EBD (Electronic Brakeforce Distribution) as standard, with TPMS (Tire Pressure Monitoring System) and ESC (Electronic Stability Control) optional.
Automotive Electronic Stability Control Systems Market Leaders
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Robert Bosch GmbH
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Continental AG
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Denso Corporation
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ZF Friedrichshafen AG
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ADVICS CO.,LTD.
*Disclaimer: Major Players sorted in no particular order
