The Europe Electronic Stability Control Market would witness market growth of 7.2% CAGR during the forecast period (2022-2028).
ESC systems frequently help to increase traction in off-road settings in addition to their on-road responsibilities because of their capacity to improve vehicle stability and braking. Because of the numerous internal and external conditions that might be present at any one moment, as well as the manufacturer's programming and testing, the efficiency of traction control systems may differ significantly. Based on the terrain encountered, off-road traction fundamentally differs from conventional operational features of on-road traction.
The path of least resistance is chosen for power transfer in an open differential configuration. This implies that in slick circumstances, whenever one wheel loses traction, power will be counterproductively directed to that axle rather than the one with more traction. ESCs concentrate on stopping wheels whose rotational speed differs significantly from the opposite axles. Off-road use necessitates consistent (or even increased) power delivery to maintain vehicle momentum. In contrast, the vehicle's braking system applies intermittent force over a prolonged time to the slipping wheel until excessive wheel spin is no longer detected. On-road applications frequently supplement rapidly intermittent wheel braking with a reduction in power in loss-of-traction situations.
The UK wants to be the G7 country with the fastest transition to vehicles, according to the Transitioning to zero-emission cars and vans: 2035 delivery plan. Sales of gasoline and diesel vehicles will gradually end by 2030, and by 2035, all new cars and vans must have zero emissions at the exhaust. This proposal will increase demand for zero-emission vehicles with a £2.8 billion package to support the phase-out dates. The growing sales for EVs and other vehicles will increase the usage of ESC systems, thereby surging the market growth in the region.
The Germany market dominated the Europe Electronic Stability Control Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $914.8 Million by 2028. The UK market is anticipated to grow at a CAGR of 6.4% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 8% during (2022 - 2028).
Based on Component, the market is segmented into Hydraulic Unit, Sensors and Electronic Control Unit. Based on Vehicle Propulsion, the market is segmented into ICE and Electric & Hybrid. Based on Vehicle Type, the market is segmented into Passenger cars, Light Commercial Vehicles and Heavy Commercial Vehicles. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Electronic Stability Control Market will Hit $13.6 Billion by 2028, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Continental AG, Johnson Electric Holdings Limited, Aisin Corporation (Toyota Motor Corporation), Valeo SA, Murata Manufacturing Co., Ltd., Hitachi, Ltd., Knorr-Bremse AG, ZF Friedrichshafen AG (TRW), and Mando Corporation (Halla Group).
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hydraulic Unit
- Sensors
- Electronic Control Unit
By Vehicle Propulsion
By Vehicle Type
- Passenger cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Continental AG
- Johnson Electric Holdings Limited
- Aisin Corporation (Toyota Motor Corporation)
- Valeo SA
- Murata Manufacturing Co., Ltd.
- Hitachi, Ltd.
- Knorr-Bremse AG
- ZF Friedrichshafen AG (TRW)
- Mando Corporation (Halla Group)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Electronic Stability Control Market, by Component
1.4.2 Europe Electronic Stability Control Market, by Vehicle Propulsion
1.4.3 Europe Electronic Stability Control Market, by Vehicle Type
1.4.4 Europe Electronic Stability Control Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Electronic Stability Control Market
Chapter 4. Europe Electronic Stability Control Market by Component
4.1 Europe Hydraulic Unit Market by Country
4.2 Europe Sensors Market by Country
4.3 Europe Electronic Control Unit Market by Country
Chapter 5. Europe Electronic Stability Control Market by Vehicle Propulsion
5.1 Europe ICE Market by Country
5.2 Europe Electric & Hybrid Market by Country
Chapter 6. Europe Electronic Stability Control Market by Vehicle Type
6.1 Europe Passenger cars Market by Country
6.2 Europe Light Commercial Vehicles Market by Country
6.3 Europe Heavy Commercial Vehicles Market by Country
Chapter 7. Europe Electronic Stability Control Market by Country
7.1 Germany Electronic Stability Control Market
7.1.1 Germany Electronic Stability Control Market by Component
7.1.2 Germany Electronic Stability Control Market by Vehicle Propulsion
7.1.3 Germany Electronic Stability Control Market by Vehicle Type
7.2 UK Electronic Stability Control Market
7.2.1 UK Electronic Stability Control Market by Component
7.2.2 UK Electronic Stability Control Market by Vehicle Propulsion
7.2.3 UK Electronic Stability Control Market by Vehicle Type
7.3 France Electronic Stability Control Market
7.3.1 France Electronic Stability Control Market by Component
7.3.2 France Electronic Stability Control Market by Vehicle Propulsion
7.3.3 France Electronic Stability Control Market by Vehicle Type
7.4 Russia Electronic Stability Control Market
7.4.1 Russia Electronic Stability Control Market by Component
7.4.2 Russia Electronic Stability Control Market by Vehicle Propulsion
7.4.3 Russia Electronic Stability Control Market by Vehicle Type
7.5 Spain Electronic Stability Control Market
7.5.1 Spain Electronic Stability Control Market by Component
7.5.2 Spain Electronic Stability Control Market by Vehicle Propulsion
7.5.3 Spain Electronic Stability Control Market by Vehicle Type
7.6 Italy Electronic Stability Control Market
7.6.1 Italy Electronic Stability Control Market by Component
7.6.2 Italy Electronic Stability Control Market by Vehicle Propulsion
7.6.3 Italy Electronic Stability Control Market by Vehicle Type
7.7 Rest of Europe Electronic Stability Control Market
7.7.1 Rest of Europe Electronic Stability Control Market by Component
7.7.2 Rest of Europe Electronic Stability Control Market by Vehicle Propulsion
7.7.3 Rest of Europe Electronic Stability Control Market by Vehicle Type
Chapter 8. Company Profiles
8.1 Robert Bosch GmbH
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Continental AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Johnson Electric Holdings Limited
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.4 Aisin Corporation (Toyota Motor Corporation)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.5 Valeo SA
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.6 Murata Manufacturing Co., Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Geographical Expansions:
8.7 Hitachi, Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 Knorr-Bremse AG
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.9 ZF Friedrichshafen AG (TRW)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.10. Mando Corporation (Halla Group)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
TABLE 1 Europe Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 2 Europe Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 3 Europe Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 4 Europe Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 5 Europe Hydraulic Unit Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Hydraulic Unit Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Sensors Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Sensors Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Electronic Control Unit Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Electronic Control Unit Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 12 Europe Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 13 Europe ICE Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe ICE Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Electric & Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Electric & Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 18 Europe Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 19 Europe Passenger cars Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Passenger cars Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Electronic Stability Control Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Electronic Stability Control Market by Country, 2022 - 2028, USD Million
TABLE 27 Germany Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 28 Germany Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 29 Germany Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 30 Germany Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 31 Germany Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 32 Germany Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 33 Germany Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 34 Germany Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 35 UK Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 36 UK Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 37 UK Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 38 UK Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 39 UK Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 40 UK Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 41 UK Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 42 UK Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 43 France Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 44 France Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 45 France Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 46 France Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 47 France Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 48 France Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 49 France Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 50 France Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 51 Russia Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 52 Russia Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 53 Russia Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 54 Russia Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 55 Russia Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 56 Russia Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 57 Russia Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 58 Russia Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 59 Spain Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 60 Spain Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 61 Spain Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 62 Spain Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 63 Spain Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 64 Spain Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 65 Spain Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 66 Spain Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 67 Italy Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 68 Italy Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 69 Italy Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 70 Italy Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 71 Italy Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 72 Italy Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 73 Italy Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 74 Italy Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 75 Rest of Europe Electronic Stability Control Market, 2018 - 2021, USD Million
TABLE 76 Rest of Europe Electronic Stability Control Market, 2022 - 2028, USD Million
TABLE 77 Rest of Europe Electronic Stability Control Market by Component, 2018 - 2021, USD Million
TABLE 78 Rest of Europe Electronic Stability Control Market by Component, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Electronic Stability Control Market by Vehicle Propulsion, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Electronic Stability Control Market by Vehicle Propulsion, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Electronic Stability Control Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Electronic Stability Control Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 83 key information – Robert Bosch GmbH
TABLE 84 Key Information – Continental AG
TABLE 85 Key Information – Johnson Electric Holdings Limited
TABLE 86 Key Information – Aisin Corporation
TABLE 87 key information – Valeo SA
TABLE 88 Key Information –Murata Manufacturing Co., Ltd.
TABLE 89 Key Information – Hitachi, Ltd.
TABLE 90 Key Information – Knorr-Bremse AG
TABLE 91 Key Information – ZF Friedrichshafen AG
TABLE 92 Key Information – Mando Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Robert Bosch GmbH
FIG 3 Recent strategies and developments: Continental AG
FIG 4 SWOT Analysis: Continental AG