Latest research report on “Automotive ESP Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Electronic stability control (ESC), also referred to as electronic stability program (ESP) or dynamic stability control (DSC), is a computerized technology that improves a vehicle’s stability by detecting and reducing loss of traction (skidding). When ESC detects loss of steering control, it automatically applies the brakes to help “steer” the vehicle where the driver intends to go. Braking is automatically applied to wheels individually, such as the outer front wheel to counter oversteer or the inner rear wheel to counter understeer. Some ESC systems also reduce engine power until control is regained. ESC does not improve a vehicle’s cornering performance; instead, it helps to minimize the loss of control.
This report contains market size and forecasts of Automotive ESP in global, including the following market information:
Global Automotive ESP Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive ESP Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Automotive ESP companies in 2021 (%)
The global Automotive ESP market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
2-Channel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive ESP include Continental, Denso, Aisin, ZF, Delphi and Hitachi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive ESP manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive ESP Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Automotive ESP Market Segment Percentages, by Type, 2021 (%)
Global Automotive ESP Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Automotive ESP Market Segment Percentages, by Application, 2021 (%)
– Sedan and Hatchback
– SUV and Pickup
Global Automotive ESP Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Automotive ESP Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Automotive ESP revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive ESP revenues share in global market, 2021 (%)
Key companies Automotive ESP sales in global market, 2017-2022 (Estimated), (MT)
Key companies Automotive ESP sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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