DUBLIN, October 10, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/5hxl3q/global_electronic) has announced the addition of the "Global Electronic Stability Control (ESC) Market 2014-2018" report to their offering.
Passenger safety has become one of the most important priority for majority of the carmakers. Electronic stability control (ESC) is one such safety system that assists drivers to avoid accidents by reducing the danger of skidding or losing control. It is a computer-based technology with a combination of different types of sensors, which applies brakes and brings the vehicle back on track. An ESC is highly effective and reduces the probability of accidents largely where human error is the sole reason of accident.
The analysts forecast the Global Electronic Stability Control Market to grow at a CAGR of 6.57 percent over the period 2013-2018.
The report, Global Electronic Stability Control Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Electronic Stability Control market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Increased use of electronics has become a major trend that is having a positive impact on the Global ESC market. The global economy has improved over the last few years, leading to an increase in the disposable income, which in turn has increased the demand for luxury cars.
According to the report, the modified government legislation for carmakers is one of the main growth drivers in the Global ESC market. The change in the legislation makes it mandatory for carmakers to incorporate an ESC system into all the new models. Active and passive safety systems have increasingly become important features of the vehicles, and consumers are becoming more aware of the benefits associated with such safety systems.
Further, the report states that the dependence of drivers on ESC technology is one of the major challenges that the market confronts. A false sense of security is developed among drivers regarding ESC, which in turn leads to an increase in the probability of accidents.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Application
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- Hyundai Mobis
- Robert Bosch
- TRW Automotive
- Beijing West Industries
- Delphi Automotive
- Fujitsu Ten
- Johnson Electric
- Nissin Kogyo
For more information visit http://www.researchandmarkets.com/research/5hxl3q/global_electronic
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets