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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Traction Control System Market Analysis
8.1 Key Industry Highlights
8.2 Global Traction Control System Historical Market (2018-2023)
8.3 Global Traction Control System Market Forecast (2024-2032)
8.4 Global Traction Control System Market by Type
8.4.1 Electrical Linkage
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Mechanical Linkage
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032
8.4.3 Others
8.5 Global Traction Control System Market by Component
8.5.1 Hydraulic Modulators
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Sensors
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Electronic Control Unit
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Traction Control System Market by Distribution Channel
8.6.1 OEM
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Aftermarket
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Traction Control System Market by Vehicle Type
8.7.1 Passenger Car
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Light Commercial Vehicle
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Heavy Commercial Vehicle
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Electric Vehicles
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global Traction Control System Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Traction Control System Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Traction Control System Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Traction Control System Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Traction Control System Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Traction Control System Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Robert Bosch GmbH
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 MAHLE GmbH
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 DENSO Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Continental AG
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Hyundai Motor Group
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Traction Control System Market: Key Industry Highlights, 2018 and 2032
2. Global Traction Control System Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Traction Control System Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Traction Control System Historical Market: Breakup by Component (USD Billion), 2018-2023
5. Global Traction Control System Market Forecast: Breakup by Component (USD Billion), 2024-2032
6. Global Traction Control System Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Global Traction Control System Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Global Traction Control System Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
9. Global Traction Control System Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
10. Global Traction Control System Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Traction Control System Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Traction Control System Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Traction Control System Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Traction Control System Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Traction Control System Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Traction Control System Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Traction Control System Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Traction Control System Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Traction Control System Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Traction Control System Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Traction Control System Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Traction Control System Market Structure
In 2023, the market attained a value of nearly USD 38.33 billion.
The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 67.43 billion by 2032.
The major drivers of the market include the rising disposable incomes, growing automotive market, increasing awareness regarding road safety, and stringent government regulations.
The increasing demand for automotive traction control system and growing demand for improved vehicle safety systems, are expected to be the key market trends of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of traction control system in the market are electrical linkage and mechanical linkage, among others.
The major components of traction control system in the market are hydraulic modulators, sensors, and electronic control unit, among others.
The significant distribution channels in the market are OEM and aftermarket.
The leading vehicle types in the market are passenger car, light commercial vehicle, heavy commercial vehicle, and electric vehicles, among others.
The major players in the global traction control system market are Robert Bosch GmbH, MAHLE GmbH, DENSO Corporation, Continental AG, and Hyundai Motor Group, among others.
The global traction control system market attained a value of USD 38.33 billion in 2023, driven by the rising automotive industry. Aided by stringent government regulations, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.5%. The market is projected to reach USD 67.43 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market is segmented into electrical linkage and mechanical linkage, among others. Based on component, the industry is divided into hydraulic modulators, sensors, and electronic control unit, among others. On the basis of distribution channel, the market is segmented into OEM and aftermarket. By vehicle type, the market is categorised into passenger car, light commercial vehicle, heavy commercial vehicle, and electric vehicles, among others. The major regional markets for traction control system are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Robert Bosch GmbH, MAHLE GmbH, DENSO Corporation, Continental AG, and Hyundai Motor Group, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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