|
The European braking systems
market is currently dominated by hydraulic braking systems. The Electro
Hydraulic Braking system launched by DaimlerChrysler and Bosch has failed to
meet the expectations of the industry. Hence, suppliers are developing other
advanced braking systems such as hybrid; Electro Mechanical and Electronic
Wedge Braking systems. Though the failure of EHB systems slowed down the
development of advanced braking systems, these advanced systems are in the
testing and prototyping stages and are to be launched in the market in the
near future. Similarly, the growth rate of Electronic Stability Program
(ESP) is looking prospective than that of Antilock Braking Systems. By the
end of this decade, standard ESP systems are estimated to have greater
penetration while advanced ESP systems are also expected to penetrate the
market. The research service titled "Strategic Analysis of the European
Market for Advanced Braking and Stability Control Systems" provides in-depth
analysis of the market for advanced braking systems, which include
hydraulic, electro hydraulic, hybrid and electro mechanical braking systems
and stability control systems which include standard and advanced ESP
systems. The study also includes a brief discussion about the future of
braking and stability control systems in Europe.